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Home My WebLink About076618. Acceler~tlon; Remedie~. E:cept a~ pwvided ia pue~raph 17 bereot~ upon Horrower'~ breach oi aq~ oovensat or e~reemeat of Borrower ia thi~ Mort~a~e, includiA` the ooveAants to p~ when due uiy sum~ ~ecured by thl~ 1[ort~a~e. Lendear prior to sooeleratioa shall mail notice to Borrower eu provided In pua~rapb 14 hereot~pedtyia~: (1) tbe breach; (Z) tho actioa required to cure euch breacb; (3) a date. aot lew than 30 de~y~ hom tbe date the Aotke i~ mailed b Borrorver. by whkb ~uch breach must be cured; and (4) that fsUure to cure such brewc6 oa or before the date ~pectAed in the notioe m~,p re~ult ia aooeleratioa of the sums ~ecured by tbL Mort~a~e, foreclo~ure by judiclal prooeedins ~ad ~ale of the Property. The notioe shRll turther inform Borrower ot the ri~ht to reinatate eRer sooeleratioa wad tbe ri~ht to wert ia the foreclosure proceedin~ t6e noa-e:leteACe ot s de[ault or any other defease of Borrower to aoceleratioa wad foreclo~ura It the breach is not cared oa or beiore the date epecitied in the aotice. Lender at Leader'~ option aaay declare all ot the ~unu secured by tbi~ Mort~a~e to be immediately due aad payabla wilhout further demand and may foreclose thL lllort~a~e by Judicial ptoceedin~. Lender shall be entitled to coltect ta euch procecding all expenses of forecloeure, including, but aot limited to, reasoaabte attorney'~ te~. wd costs of documentary evidence. abstracts and title reporta. 19. Borrower's Right to Reinetste. Notwithstanding Lender s acceleration of the suwa eecured by this Mortgage. Borrower shall have the right to have any pra.~eedings begun by Lender b enforce thia Mortgage discontinued at any time prior to antry of e judgment enforcing this Mortgage if: (a) Borrower pays Lender all eums which would be then due under this Mort~sags, ths Note and Aotes ravring I~Lture Advances, it any, had no aoceleration oecurred; (b) Borrower cures all breachee otany other covenanta or a~reements of Bocrowa contained ia this Mortgage; (c) Borrower pays all reaso~iable e:penses incurred by I.ender in eaforcing the ooveaanL and aQreementa of Borroaer contained in this Mortgage and in e~forcing I.ender'e remedies ae pmvided in paragraph 18 hereot, including. but not limited W. nasoaable attorney's fees; and (d) Borrower takes auch action ae Lender may reasonably require to assun that the lien of this Mortgage, Leader'~ intered in the Property and Botrower s obligation to pay the sums eecured by this Mortgage ehall continue unimpaired. Upon euch payment and cun by Borrower. this Mortgage and the obligationa secured h~eby shaU remain in full foroe and eftect as if no aoceleration had occurred. 20. Assigssment of Reats: Appointmept of Reoeiver. As additional security hereunder. Borrower hereby assig~u to I.ender the renta of the Property, pmvided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the Property. have the right to collect and retain auch rents as they become due and peyable. Upon acoeleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a recriver appointed by a court to enter~upon, take poeeesaion of and manage the Property end to collect the ients of the Property, including thoee past due. All rents collecf~ed by the receiver shall be applied first to payment of the aosta of management of the Property and ooUection of rents. including. but not limited to, receiver's fees, premiume on receiver's bonds and reasonable attorney's fees, and lhen to the ~ums secured by thi~ MortQage.'I~e receiver ahall be liable to acaount only for thoee re~ts actuelly received. 21. P~ture Advances. Upon request by Borrower, Lender, at Lender a option within twenty years from the date of this Mortgage, mey make ~tan Advances to Botrower. Such FLture Advancee, with interest thereon, shall be secured by this Mottgage when evidenoed by promiasory notes stating that said ~otes are eecured hereby. At no time shall the principal amount of the iadebtedness secured by this Morigage, not inclnding eams advanced in accordence he~ewith to protcct the security of thie Mortgage, e:ceed the original amount of the Note plus U.S.i H~p 22. Release. Upon payment of aU suma secured by this Mortgage, Lender ehall release thie Mortgage without charge to Borrower. Burrower ehall pay all coeta of recordation. if any. 23. Attorney'e Feea. Ae ueed ~in this Mortgage and in the Note, "attorney e feee" ahall include attorney's fees. if any, which may be :~warded by an appellate court. Iti WITNESS WHEItEOF, Borrower has executed this Mortgage. Signed, eealed and delivered in the preaence of: : ~ (' / ` t: ~•`.. . . . . . . . . l ~.k~..~~~-. . . . : ~ . J ~ . . . . . . ; ~ ~' Witness . . ~~. . . . . . . . . . . C. : .l.Y:--~!: .~:-. . . . . . . . Witness ~ ~ . .~ ~ . (SC81~ ROY...~ET LLA .. .. . ............ _~.R y4.«~ ~ ~ . . . . . . . . . . . . . . . . Seal . ..... ( ) DOREEN P. PETRELLA -"°"°"" St. LuCie Count ss: STATE OFFLORIUt~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . y I k-ereby certify that on this day, before rr~e, an officer duly authorized in the atate aforesaid and in the county aforeaaid to take acknov`ledgements, personally appeared ..._ Roy. .J.. .Petrel l a.and. Doreen..P.. .Petretl a, . his- wi fe,• •-•- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the foregoing instrument and acknawledged before me that ... tllQy. .........., executed the same for the purpose therein expreased. ~ ~ WITNESS my nd nd official aeal in the county and atate afpresaid thie . . . . . . . . . ~. ~~. : . . - - • • • • • • • • day of _ t; r . . . . , 19. ~~ ~ ...................~.:~~. ~ ...........----.--. ---~ ~[y CoA4mie9ion•i~pir~~t~~Y Pu~i+c. S1ate ol Ft~ida at larqe p Comrs'r.sisn Erpises 1in. 23, 1 ` M %;3~ ' ~; I}j ~'' ~ ' ~ ~~ . ~l i. ' b+1~d llrrr Tnf is~~ i.i~.~wu ~c. /.~~ 1 • "~' )' j'~ ,: ~ .~ f . ~ . . f'=' ' , . -~' . ~-,-~- - -- ----- --- -- . ~ -' ~ . ._ , •~~ - ti - ~ - ~.~ /~ . . . . . . . . . . . . . ~f :t ~4: . . . ~. . .- . _ . ~ Y<!.`.' .; . . . . . . . hoEbry lic ~ ~ ~' a~i ,~ t~ %' ~r ~, ~Spoce Bel~,u Th~+ l.~ne Rese~rt•rd for L~nder nnd Xecvrderl :, - • . , ~ ;, .• i ' '~-« .,j. j ~ . ~ This instrumeitt Prepared by: Mary Platt First Federal Savinga and Loan Aasociation of Fort Pierce, Florida :33450 ~ ~ ~ ~~:.- _ _. g~~x 349 p~~ 76? 51'~'9'74 I~~I r~ : 24 ~:: 3~ 37 ~'-t i. ••,t ~• [(.• :;: 5f t!,'f~E C(.~;v*~r.i: : t' "~~n: E' i':~t i ? :S citt:r e;~:.,;.i cr~~. .. .,._ ~~ ~ ~