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HomeMy WebLinkAbout3001 : ~ ~R ~ ~;ct l DC~ ARY P 11 x ~ . S~ ti 0:~ • f REYENUE . , ~ " = = :;,;t ~ ~•~3 ~ , ~ ~ t. i 5 ~ . _ o' = i~~o2 t - b 27. It is understood aad agreed that SMA ~a~ at at?y tiae. vithout aotice to any person, grant to the !lortgagor any it~dulgencee or forbearance. or any extension . of tiae for the paya~nt of anp inclebtodnes~ •~cured hereby, or allow any chsnge or changea~ substitution or subatitutions of aAy of the praperty described in thla mortgage or any other collateral vhich aay be he2d by SMA vithout in any manner affectiag the 1labilitp of the Mort~agor~ aAy aAdorsers of the indebted- . ness hereby secured or auy othe~ peraon for the payaent of said indebtedness, together With interest aad any other suso which say be due a~d payable to SMA . and also without in aay manner affecting or ~apairin:; the lieA of this Mortgage and it is also uAderstood and agreed that SMA 'ay at anq time, without notice to any pereon, release any portioa of the property described in this Mortgage or aay other collateral, or anq portion of any other ~ollateral which may be he2d as securitq for che payoent of the iadsbtedaeas hereby secured, either with or ~rithout any consideration for euch release or releases, without in any manner affecting the liability of the liortgagor, all endoreers, if any, and all other persons Who are or shall be liable for the paqment of said indebtedness, . and wtthout aff ectiug, disturbing or impairing in auq manner whatsoever the validity and priority of the lien of this 1~(ortgage for the full amouat of the indebtedness r~naining unpaid, together with all interest and advances vhich shall become payable, upon the entire remainder of the mortgaged property which . is unreleased, and without in any manner sffecting or impairing to any extent _ whatsoever any and all other collateral security irhich maq be beld by gMA• - It is distinctly understood and agreed by the ?brtgagor ancl SMA that anq release or releases may be made by ~SMA vithout the conaent or approval of any other person or persons whomsoever. ~ 28. In the event this I~lortgage is a construction mortgage, eac~ of the terms, covenants and conditions of the construction loan agzeaaent executed in connection ` with the execution of this Mortgage are incorporated herein as if said construction ` loan agree~aent were repeated herein in extenso. 29. Mortgagor covenants and agrees that he vill deliver to the ?brtgagee every f ive ` years hereafter an inspection certificate that the captioned pre~ises is free from termites. 30. In the event this is a mortgage on an apartment in a cocdomiaium together with appurtenances thereto, the failure of the mortgagor to pay any assessments required to be paid pureuant to the Declaration of Condominium or to otheraise ' comply with'any of the terms, covenants or conditions of ~aid Declaration of Condominium shall constitute a default under this mortgage and the mortgagee may, ~ at its option, imemediately or thereafter declare the indebtedness s~cured hereby - due and payable. ~ 31. This ia a puschase ~aney firat ~ortg~ga pceeutsd for t6s ~cpr~ss p~rposs of ~ sacuria~ a portion of tha purcbaa• prica of ths prop~rt~ ~sc~sb~rsd h~r~by. r IN WITNESS HHEREOF the said Mortgagor has caused thia Mortgage to be properly executed and sealed this the day and year first above tarittea. i i Sign seal and de ;ivered in the presence of: - ~ ' ~ (s~t.) ~ ' J es W. Bisch y ~ ' ,f~A p~~ ! ~ l~\~, 7~ ~SLnL~ ~ Jane M. Bisch , ~ ~ FItEO AND RE40ROE~~~ . ~ ~ S~) 4 ST.lUC1E COUNIY flA. ~ ~ ROCEF. PO~TRAS , c~fa,c ~?zcu~r couar ~C ~5~,~ ( RECORO VEkiF1E0.......~-.~~ ~ MaY 10 12 ia PM'~3 254133 ` E i STATE OF FLORIDA. COUNIY OF jti~E: SS MARTIN ~ I~ a Notaty Public~ certify that JamP~ W_ Ri crh anri .TaT,o+~ tut , ~ ~oi, $ ~ ~r-~•?%--r-~e ~ to me personally knova, thia daq acknowledg~d before ~e that acecute~~ t~';~or~- - ~ going ,ortgage, and i further certifq tbat I 1caoW the said pesaon aaking;~s~i~"~ ~ - ; acknovledgsent to be the individual(a) d~scribsd in aad vho Qecuted the sa~ ia~~~g,e. ~ ' : Q r _ p IN iiITNESS OF, I hereunto aet sy tund and ofticisl •esl at ~~~$uet~g' ~ ' = £ Florida. this ~day of ~ A.D.. 19 '~J'• ~ : ~ ~ '-,,,~s;~; ~t`~. My Co~ission Expirea: ~ ~ a Notarp Pub c~ State of riorida at Lar~e ~ 6 800k ~1~ 'Rt,* r.?J~7 l ~ . ~ __w~~ _ - - ~ _ n, w~:.