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HomeMy WebLinkAbout0598 GEOK3E W. SOMMER =TEMIEN G. FRASIER Attanr~ ot low R O. so: 2210 STUART, ftORIDA 33494 27. It is understood aad agreed that SMA say at any tiae. without notice to any person, grant to the I~brtgagor any 1Adulgences or forbearance, or any extension of time for the paysent of anq indebtednesa •ecured hereby. or allow any change or changes, aubstitution or aubstitution~ of any of the property described in this mortgage or any other collatesal vhich ~ay be held by SMA vithout 1n any mauner affecting the liabilitq of the Mart~agor, any sndorsers of the iindebted- ness hereby secured or amr other pereon for the paysent of said indebtedness, together with interest and any other susa which may be due and payable to SMA , and also without in any manner affecting or impaizin:; the lien of this Hortgage and it is also understood and agreed that S1~ may at any time, without notice to aay person, release any portion of the property deacribed in this lbrtgage or any other collateral, or anq portion of aay other collateral vhich may be held as securitq for the paysen~ of the indebtadnesa hereby eecured, either with or vithout any consideration for such release or releases, vithout in any manner affecting the liability of the ?brtgagor, all endoreers, if any, and all other persons who are or shall be liable for the payaent of said indebtedness, and without affecting, disturbing or impairing in anq manner whatsoever the validity and priority of the lien of this Hortgage for the full amount of the indebtedness re~sining unpaid, together with all i"ntereat and advances which • shall become payable, upon the entire rasainder of the mortgaged property which + is unreleased, and without in any manner affecting or i~pairing to any extent whatsoever any and all other collateral securitq vhieh maq be beld by SMA• It is distinctly underatood and agreed by the l~brtgagor and SMA that any release or releases may be made by SMAirithout the consent or approval of any other person or persons whomsoe~ver. 28. In the event this liortgage is a construction mortgage, each of the terms, covenants and conditions of the construction loan agreeaent executed in connection , with the execution of this Mortgage are incorporated herein as if said construction loan agreenent were repeated herein in extenso. 29. Mortgagor covenants and agrees that he will deliver to the Hertgagee every five years hereafter an inspection certificate that the captioned premiaes is free ~ ; from termites. 30. In the event this is a mortgage on an apartment 1n a condominium together with appurtenances thereto, the failure of the mortgagor to pay any asseasments ~ required to be paid pursuant to the Declaration of Condo~inium or to otherWise ' comply with any of the terms, covenants or conditions of said Declaration of Condominium shall constitute a default under this mortgage and the mortgagee may, at its option, i~ediately or thereafter declare the indebtedness s~cured hereby due and payable. 31. lbis i~ a purchass ~onay firat ~ort~aga acacutad for th~ ncpr~s• pusposs of ; i sacurin~ a portian of ths puschas• pric~ of ths propsrt~ ~sc~sbsrad b~r~b~. ~ - ~ IN WITNESS WHEREOF the said Mortgagor has caused this Mortgage to be properly ~ ; executed and sealed this the day and year first above writtea. ~ ~ _ i ~ Signed, seal and delivered in the presence of: . ¢ a ~ I ? - (SEAI.) ; ~ ,I' ~ ert . Goss ~ (~1X2 J ~ (SEAI.) ~ hirley . Goss ~5~~ ~ f~LE[~ SYi~ G=CC~R ED ST.IUC!E COl1NTY fLA. ~ ROC ~=J~'RAS ~t c~K t:;'.r,:11T COURT .~C,~'~ (SEAI.) ~ ~c~.,;,~ yi r' ~ JL'4 11 ~L 31 Ph'73 - ~ zsss~1 ~ ~ . s c Martin STATE OF FLORIDA, COUNIY OF ~ SS ~ I, a Notary Public, certify that Rahc~rt t~_ rn~s anrl Shi rl a~ A r~~~, h; ~ wife r4 to me peraonally knova. thi• day aclcaowledg~d before tbat ~ezecuted the fore- ~ going mortgage, and i further certify thst I kaov the ~aid parson s) makiag eaid acknovledgaent to be the individual(~) dNCribed in and vbo axecuted the said mortgage. IN 1JITNESS ~EOF, I her ntb~set`'sy hand and official seal at Dade Countq, Florida, this f daq of . A.D., 19 - ~ : G ~ . . ~ : / Hy Co~ission Expiree: ~J'_ ~o u- ~ `'~"J ~T • ' l~iotary Public. tate ot Florida at Large ~ ~i?' ...••~~~.r.6 ' , • Nobry Pub~ic, Stzte ol Rorida at La; qc M~ Commission Expires luty 12. ~ E~~K225 F'~;l,f 5~ , ~ bnMd ir AMric~n i.r~ 3 ~ - - _ f ~ ~ ~ ; ~ . _ ~ T .x ~ x.~~-~~`~~