HomeMy WebLinkAbout01251& Aooeleratbn; Remedie~. B~oept ~s provided tn para~rapb 17 beeeot~ YpOA HOtiONO!'~ ~tlRCb OI ~O~ OOrOR~I1L O!
a~reement ot Borrowee W tbi~ Yost~ye, incl~din~ the ooveaanta b p~,~r wb~a dae aq~r wna ~r~d b~- tkt~ 1[aetsa~e. Leadee
prior to aoosleration ~hall mail aotios to 8orro~rer a~ provlded ia puasea~A 14 6e~reoi~yecl4-ln~e (!) the bresch: (9) t6e ~ction
requis~d to wre ~ncb breach: (8) a dwte. aot IeN thRa 30 daJrs Awm tbs date ths notio~ b mailed to Horrower. b7- w6ic6 wch
breac6 must bs c~ubd; ~nd (4) that iaUure b ctire wcb bre~u~ oa or b~tore th~ dat~ speciAed In the nodos miUr rea~lt W
sa~elentbn of thswm~ ~ecused by tbisMort~a~a toreclo~w~s bi-~udiclalproosedia~and ~aleoithePropeet,~.Tbe aotioe~haU
lhstber lniorm 8ore~owrer of the ri~6t to reiart~te wA,er i-ooeleratbn ~nd the ri~bt b ~ssrt ia tbe foreclosdn prooeedin~ the
non-esistenos of w defiult or any ot6er defease of Borrower to ~a~sl~tloa aad l~oreclowre. I[ tbe breacb b not eured on or
before the date ~peclAed in the aotice. Leader at I.euder'~ optioa ~nw~- decl~re all of ~e wm~ secured b~- t6L Yort~a~e b be
immediately due ~d pa,rwble without thrther demaad aad mq- foreclwe t6i~ Mort~a~e b~r judkial prooeedia~. I.eader ~hall be
eatftled to collect iA such proceedln~ all espense~ of foreclwure. lacludln~, bnt not Ilmited to. reawaable attorney'~ fee~. ~nd
costa ot documeAtuy evtdenoe, ab~tracts and title reporta.
19. Borsowe~r'~ Ai~ht to Reiwtwte. Notwitlutending Lender'~ aooelaration oi We snm~ ~s~wred by thi~ Mo~+~e. Borrower shsll have
the right to have aay prooeedin~ be~un by i.ender to entoros thii Mort~~e di~oontinued at aay tims p~ia to entry oi R jndsmeat eaforcin~
ehiu Mort~sQe if (a) Borrower p~ys Lender all aums which MrouW be W~ dw under this Mo~t~a~e. tbe Note and note~ ~scurinQ Phturs
Advanaer. if any~ had no aoceleratioa oocurred; (b) Borro~ver cures all breache~ of any other ooveaanb or a~nem~t~ of Borrower ooatained in
thie Mort~ege; (c) Borrowet pay~ all reasouable ~pen~e~ incurred by Leader in ~forcin~ the oovenanb aad s~reemeata oi Borro~res
oontained in thi~ Mortgege and in enforcing Lender's remedie~ as provided in para~raph 18 hereof. u-cludit~. but aot limited to. rauonsbis
attonsey'a fees; ~nd (d? Bosrowa takss such adion as Lender may reawnably require to assure that theliai of this MortQe~e, Lender's iatere~t
in the Proper4y and Borrower's obligation to pqy the sum~ ~ecured by this MostgaQe shall oontinue unimpaired. Upon snch pe~yme~t aad cnre
by Borro~va. this Mortgage and the obligationa ~ecured hereby shaU remain ia fiill foroe aad e~ffect eu ii no aooeleration had oocurred.
20. Assi~nmeat oi Reats; Appointment ot Receiver. A~ additioael ~rity hereunder. Bo:rowe~ hereby aai~n~ b Leadec We rent~
of the Property, provided that Borro~ver shail, prior to aooeleratioa under paragraph 18 hereof or abandonm~t of the Prope~rty. 6ave the iight
to coAect and retain such nnts as Wey become due and payable.
Upon aooeleration under paragraph 18 hereof oar abandonment of We Property. Lender ~hall be entitled to have s reoeiver appointed by s
oourt to enterLpon. take pos~es~ion of and manage the Property and to ooAect We rmt~ of the Proparty. includia~ tbo~e paa! due. All reata
rnUa,~ted by the seca~ver shall be applied Srst to payment of the oosb of manaQement of the Propaty and oollectioa oireab, includic~, bnt not
limited to. receiver's fee~. premiama on receiver's boad~ and reasoaable attorney's fea~ and thea ~o the ~~ms aecured by thi~ M~a~e. The
receiver shall be liable to aooount only for thwe rents adually reoeived. ~
21. Pt~ture Advaace~. Upoa request by Borrower. Lender. at I.ender'~ optioa ~vithin twenty years bom the dete of thi~ Mortgage. maY
make I~tun Advances to Borrower. 3uch Fl~t~re Advanc~s. with intered thereon. ~haU be ~ecured by tbi~ M°rt~age whea evideaoed by
promis~or~r notes stating that aaid notes an secared henby. At no tima shell the prinapal amount oi tbe indebtednew secured by this
Mortgage. not including su~p,~yanoed in aocordance herewith to Pmte~.~ the security of this Mortgage, e:oeed the original amount oi the
Note plus U.3.= IrU1M~. .
Z2 Releaoe. Upoa paytnent oi all sums secured by thu Mortgage. I.ender shall release this Mortgage withont charge to Borro~rer.
Borrower shall pay all coste of recordation, if any.
23. Attorney's Fee~. As used in this Mortgage and in the Note. "attomey's teee ' shall include attorney's fees, if any. which may be
awarded by an appellat~e court.
IN WITNESS WHEREOF, Borrower hes eaiecuted thie Mortgage.
Signed, eealed and delivered
in the presence of:
. .~(.~ZQ,:?~-.' .~1?.. . .~~.L. QG ~f ,~~. . . . . . . . . . .
(. Z . .
Witness
. . ~~.:,.~ ~~~~-~ .......... ... ..
" witnees
. ..(,l.:. ...... ..... .. ..... .. .. (Seal)
ancy~ F1 owers , a s i ngl e adul t -~°^°~R
.............................................. ~~,
STA7'EOFFLORID/~ ....St. Lucie ............................ County ss: .
-+ ::
~`" ~grtify that on this day, before me, an officer dul authorized in the atate aforesaid and in the county aforeeaid to
' ementa, per8onaliy appeared.....NancY..E~...Flower~...d..$1119~~.ddu~t ............................
. s,~.~. ,; ; . . ,`~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the peraon(a) deacribed in and who executed the
f .-~ '
jx tdregb~ng. tnt and acknowledged before me that .... .. S. 4.......... executed the eame for the purpoae therein
~' ezpressed.. :
- . - ; y{- ~ ~1~an~ and official aeal in the rnunty and atat~ aforeesid this . . . . . . . . . . r.~ l! . . . . • • • • • • • • • • • • • • • day of
` ~; ` f. `: .-. . . . . . . . . . . . . . . . . . . . .. . . . 19.~/. ..
. .: ~~,,,~,,` `,~ . .. . . ~ .
'.1~y'Cottitqjaeion expirea:
NOTARY PUBUC, STATE OF flu;:,:,;" .. .
_ ._ ......_
I~ap 61Y C0~1SM1SSION EXPiRES AUG. 12, 13t:i ................. ... 5..~~..--- •-•~~-='~----....-
BONDED TMROUGH MUROSKI-ASHTOfy lNG Nota Pubiic
(Spart Ralou Th~s /.me Hea~ro~d For L~ndtr and Rtcorde~l
1981 FE~ 23 ~~~ ~ ~~
This Inetrument Prepared bY: c~M ct C~~r^`•:A
Mary Platt S~~~r~f~~'°!'F ~5
~.LLI.~ `~' v"1~ , ~
First Federal Savinga and Loan . .. ~
Asaociation of Fort Pierce, Florida :33450 °
51'7644
,~- ao~K 349 ~d~E 125
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