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~.
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~ IN WITNESS WHEREOF the said Mortgagor has caused this Mortgage to be properly ~
; executed and sealed this the day and year first above writtea.
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~ 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 -
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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
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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
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