HomeMy WebLinkAbout03681& AcceleratioA; Rea~ediea. F.zcept os prorided in parap~~pi 1T ~r~o~ +~~ Barsv~w~r'~ 6re~.i v~t a~ coves~st v~
s~reemeat o[ Bosrower ia this Mostts~e. incl~dins tbe uo~eaanta to pyr wMn~e ae~ w~~ Mared b7 this Ilortta~e. Leoder
prtor to aooeleratioa shall mail aotlce to Borwwrer a~ provided in p~raseyi 1~ bee~eo~~pedbrinF (1) tLe be~e~e~~ tbe~etioo
required to cure arch breacb: l31 ~ date, aot les~ tlu~n 30 da,~r~ [ro~ tie dat~ ebe ~otioe i~ ~wiie~d t~o Borrowe~. d! ~-riei we-
breac6 mwt be ~vied; at~d f#) that faIlure w arre w~A b~ oa or b~fo~e~ ti~s daia ~pseified i~ ti~e sotioe wa~ rewli in
aooeleratioa oithe ~unu ~ecured b~r tLis Yort~ate, [oreclowre b~r jrdieial pe+ooeedi~ asd ~aMottbe Properf,~r.'itie aotioe ahaU
tWsther iaform Bocrower oi tbe ri~ht to rein~tate sAer aooelentioa ~od t6e ri~t b weet i~ tLe Eoredowre prooeeaio~ t6e
aoa-esi~teace of a detwlt oe a~r otbee de[ede ot Borrawrer to aocderatioa asa Eoe+ee~owre, I[ t6e be~cb i~ ~ot e~e~ed os or
before the date ~pecified w the ootiee. l.eader ~t Le~rder's optios sa~r deel~re a11 d tbe wr ~ec~red d~ thi~ lt~a~e b be
iwmediately due aad p~yable w itlwat l4trther dewand aod ~r [oredwe tl~u Yo~t~ ~~dieid Pooeedis~. L~oder ~all be
entt~led to collect ia suc6 proceedins all espe~es of foreelowre. inchdins. bat oot liaited to. e~erosaWe att~oree~'~ ~ees. aod
costs of documeotary evideace. abstracts and title repo~is.
19. Borrowes'~ Ritl~t to Reiaatate. Nohsitlutan~a~ lsader's accdaatioo o[tl~c ~ms ~sc~red b~- thi~ lfoetp~e, Ho~mwa shall Sa~re
the right to have anY P~S~ ~ bY Leader to eata~ce thi~ Ma~a~e di~oontinaed at any ti.a~e p~ia~ b eate~ ota ~t eniarin:
this Mortgage iF. (a) Borrower pays t.ende~ all ams which wouW be tbea dne ~nder t}~s t~1a~a~ tt~e No~e and ootes ~ec~rin~ 1~ht~ue
Advances. if any. ht+d no a~cderatioa occurrcd: ~b) Bonv.rercurea all ~ ofanya6erooveoanr.o~a~peemenb~Boreow~oootained ia
this Mortgage: lc) Borrower peya all rea~ouabk a~penses incurced by I.ender in enfoecins tLe oo~seo~nts and asreemeaq of Boet+awer
oontuined in this MoetBeBe and ia eato~cing Irnder's remedies as prorided in para=rapl~ 18 hesea~ ioel~ns. bot oat limited ~o. e~maWs
attomey's fees: and (d) Bonoae~ takes such actioa as I.mder may reuonabty teqnire t~o a~wte tbat the tim dthi~ Ma~a~ LeadQ'~ iatei+e~t
in the Propaty and Borrorrer s obligatioa to pay We snms secund b~r tbis Martp:e s6all aondnoe ~nimp~ired. Upon web pa~rment aad csre
by Bocrower. this Mortgagc and the ohiigstioas aPCUred h~eby st~all remain in fdl faeec and ~feci a~s d oo aootktation had oo~red.
20. Assitumeut of Rents; Appoiatmeat of Receiver. As additiunal ~ecvrity here~nder. BoROwer b~+reby a~n~ oo I~ode~ tae renh
of the ProPertY. Provided that Bortower shaU. Prior to aoceleratioa nade: paragraph 18 bereotor ab~adunmeat af tbe PtopQt~. hare tbe ri~ht
to coUect and retain such renta ai thry become ~ne and payable.
Upon acceleratio~ nnder paragraph 18 haeo[a: abendonmeat of tbe Property. Ieader a6all be mtitled W have a eeoeir~ appointed bp a
oourt W enterLpon, take pos~eesion of aad manage the Property and to colleet t6e eents ot tbe Ptoperty. indadins thwe p~t doe. AU ~eah
collected by the receiver ahal! be applied 5rst w pay-ment of the aosta of managemeat af tbe Prop~rrty and aailec~m of rent~. iod~n~. bat nd
limited to. receiver's fees, premiums on receiver's bonds and ressonabk atwrne~r's fecs, and tbea to the sam~ ~ec~ad b~r thi~ ![ar~a~e.'Ibe
receiver ahall be Gable to acoonnt only for those reata actually reueived_
21. fi~ture Adva~e~. U pon requeat by Borrowrer. I<nde:. at Iender'w option .ritl~in t.ent7 yean trom tl~e date ottltis Martta~e. maY
make ~tnre Advanoes to Borrowra. Snch Future Advanoes. with int~t thaeon. shall be ~e~ed b~ tbi~ Mc~aR whea erideaoed b~-
promieaory aotes stating that said notes are secund heeeby. At no time shall the p~inc~pal amoant ot tbe iadebtedne~s ~e~ed bp thi~
Mortgage. not including eame advanced in aocordanoe herewith to Prokct tl~e secnritY oi t2~s M°~~8'~ u°°ed t~ °~°v +~O°IIt d tLe
Note plus U.S.~ ~[1P
22. Releaee. Upoa payment of all sums aecured by thir Mortgage. lendet shall rek~se thia Mo~tEase without d~ar~e t° Bonow~.
Borrower ehaU pay all costs of recor+dation. it any
23 Attorney's Fees. Aa ueed in this Mortgage aad in the Note. "att~orney i feea" shall ~ndnde attornry's feea. if any. which m:y be
awarded by an appellate coud_
lcv WITNESS WNEttEOE. Borrower has ezecuted this Mortgage_
Signed, eealed and delivered
in fhe preeence of:
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Witness
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Witness
~:~'~ 1, :-<<.~~.~~ %c~-~ - - -~='~~)
.~~~ -E . , . .
Oan~e T. Wuycheck
%~~-!~- ~ .~%~~`~ (~~ff / _ . . . (Seal)
6eth A. ituych~ck -~. .
STATE OF F WRID~ . . . . . . . . - . . . . .St.. .LUC7~ . . . . . . . . . . . . . . . . . . . COII[1L} SS:
1 hereby certify that on this day, before a,e, an officer dul~ authorized in the state aforesaid aad in theoounty aforesaid to
take acknowledgementa, personally appeared . . _ . . _ .Darti el . T._ . ituyc.hec.lc _ dnd. Beth . A. _ Wuy~Gk,_ ~!i S - I~iife- . -
. . . . - • . . . . . . . . . . . . . . . . . . . . . . . . . . . • - - - - - - - - . . . . . . . - - - . to me iwown to be the personls) described in and who ezecuted the
foregoing instrument and acknowledged beforn me that _.._...Lh@y ._.---- rzecuted the same fo~ e purpaee therein
expressed. ! T
WITNESS my hand and official seal in the county and state aforesaid this - - - - - - - - - - - - -/~ - - - • - - • - - • • • • - - • dap of
..................................F.ebr.uary..------------- . zs81----
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This Instrument Prepared by:
Mary Platt
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,~pa.~ Brlw. Thu Ltnr Rtsr*itd Fw L«d~• ~and Rt~e~rdts•
First Federa! Savings and Loan
Aasociation of Fort Pier~~e. Fiorida :~.`~~0
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