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Home My WebLink About115718. Acceleration; Remedfes. Except as provided in pua~raph 17 hereof, upop Borrpwer'~ breach of aay ooveaant or a~reemeat of Borrower in this Mort~a~e. includta~ ~he ooveAana co p.y whea due aa~- wm. secured br u,b Mort~~e, Leader prior to aooeleratioa shall mail nolice to Borrower as pmvided ia psra~raph 14 hereotspscifyin~: ( l) the breach; (Z) the actloa r*tqulnd to cute wch breach; (3) w dste, not les~ thw~ 30 da~rs hom the date the aotke b m~iled to Borrnwer. by whkh ~ucb breacb mwt be cured; aad (4) that fallure to cure wcb breach oa or before the date ~pecltied iu the aodoe m~ rewlt in acoelerwUoA o! the ~ums ~ecured by thL Mort~a~e. foreclo~ure by Judialal proveedin~ and sale oithe Property. The aotice ~hwU further lntorai 8orrower otthe ri~ht to reinstate atter aoceterattoa and the rt~bt b wert W the toreclosure proceedia~ ths noa•esistence o! ~ detault o~ aap othec detan~e of Borrower to aoceleretlon aad foreclowra I[ the bre~cb b aot cured oa o~ bc+foce the date ~pecitied in the notice. l.ender at Le~der'~ option me-y de~lare all oi the wau secured by thb Mort~w~e to be immediately due and pqyable without further demand and may toreclose this Mort~uYe by judicial proceedin~. Leader ~6ali be entitled to collect in auch procecding all expensea ottor@cloeure. includi~g, but not limlted to. reawaable attoraey's fee~. aad coate of documentary evidence. abstracb and title reporta. 19. Borrower's Right to Rei~state. Notvrithstanding L,ender s aoceleration of the sums secured by thi~ Mort~age, Borrower ehall have the right to have any pra.~ecdings begun by Lender to enforoe this Mortgage diaoontinued at any time pri~ to eatry of a judgm~t enforrin~ thie Moetgage if; (a) Borrower pays I.ender all sums which would be then due under thia Mortgage. the Note and ~otes securing FLture Advances, if any, had no aoceleration occurnd; (b) Borrower curee all breaches of any other oovenan4 or a~reementa of Sorrower contained ia this Mortgage; (c> Borrower pays all reasouable ~pensea ir-curred by L.ender in enforcing the oovenant~ and agreement~ of Borro~ver rnntained in thia Mortgege and in enforcing Lender e remedies aa pmvided in paragraph 18 hereof. including, but not limited to, ~onabls attomey's fees; and ld) Botrower takes such action ea Lender mey r+easonably require Lo asauro that the lien of thia Mortgage. I.en~u'~ iatere~*_ in the Property and Borrower e obligation !o pay the sums aecared by this Mortgage shall rnntinue unimpaired. Upon euch payment and cure by Borrower. this Mortgage and the obligations secured hereby ahall remain ia fuU foroe and ettect aa if no aoceleration had oocurred. Z0. Aseignmeat ot Rents; Appointmeat of Reoeiver. As additional eecurity hereunder, Borrower hersby assigas to L.eader the reata oi the Property, provided that Borrower ehall, prior to acceleration under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rente ae they become due and payable. Upon acceleration under paragraph 18 hereot or abandonment of the Property, I.ender shall be entided to heve a receiver appointed by a court w enter~upon, take poeeeaeion of and manage the Property and w collect the rente of the Property, including those pest due. All renta coUected by the receiver shall be applied first to payment of the oosta of management of tha Property and ooUection of nnta. indudia~. but aot limited to, receiver's fees, premiums on receiver's bonds and reaeoneble attomey's fees, and then to the sume secured by this Mort~a~e. The receiver ahaU be liable to acoount only for those rents actually reoeived. 21. ~ture Advances. Upon requeat by Borrower. Lender, at Lender's option wilhin twenty years from the date of this Mortgage, may make Fatun Advances to Bortower. Such Ftitun Advancee, with interest thereon, shall be eecured by this MoTtgage when evidenoed by promiseory notee stating that esid notes are eecured hereby. At no time ahall the prinripal amount oi the indebtedness eecured by this Mortgage. not including auma adva ced in accordance herewith to protect the eecurity of thia Mortgage, e:oeed the origina! amount of the Note plus U.S.i ~one 22 Releaee. Upon payment of all sume eecured by this Mortgage, L.ender shall release this Mortgage without charge to Borro~rer. Rorrower ahall pay all coaLs of recordation, if any. 23. Attorney'a Fees. As uaed in thie Mortgage and in the Note, "attorney'e feea" ehall include attomey's fees, if any, whith may be awarded by an appeUate court. Iti Vb'ITNF.SS WHERF.OF, Borrower has executed this Mortgage. 5igned, eealed and delivered in the preaence of: v ~~ . . . . . . .~(. ~.'1!~-~.. . . . . . . . . . . . . . . . . . . . ~ Witness . . ~u.q-~..~ . `-': : . . . . . . . . . . . . . Witness ... . . ~ .............y--. eal) 'chard . Fleming -K r - ... . `:" . ~:4~. . . . . " ~~'. .~~'° .'?'1.~~.~%. Z . . . . (Seal) Pamel a M. Fl emi ng -"°~""` STATF.OFFIARI(3q ....... . . .....St~. ~,UC~~. • • • .......:.... .. .. COIlAty SS: I hereby certify that on this day, before rr,e, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgementa, peraonally appeared .. R7 Chdl"~ - W. . Flemi ng - and . Pamel a. .M.. .E] erai ng,. .H i s. Mlife ..... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) deacribed in and who executed the foregoing instrument and acknowledged before me that .....~h@~! .......__ executed ihe same for the purpose therein expressed_ WITNESS my hand and official seal in the county and state aforesaid this . . . . . . . . . . . . . . ~. ~:~ . .~ . . . . . . . . . day of ------------------------~_February....._................ ,is.81._. ~ty Commission expires: ~f ~. Sf~y o~ q«i~ ~ ^ l ~ ..+.ums~~ w~.~r~r~ E~ M~.. !6. 1982 ` . ~ . . _ ~ r ^i1`~-~- • ~ s ~`~ (S{~11 `/t~<<j ~ "' • '-~-~1 c..w., ~~/ , '1''4. . - . . . . _ . f...~. . . . ' . . _ . . . . - . . . . . . . . . . :` '' ~>•.o.,, ~,O /i~ . ~ . tiotan• Pubiic .. - ~ •• ~A ~~ N-llo- 8 . :°: .•:~ ,. _ . _ , _Y . ; . ~ ~ ,^ •' .' _~ Itiparr fi~•luu 7he, L~nr Res~•n~ed Fo~ l.rndvr and Heto~de~~ ~' ~"4 ~ ~ ~` ~' - i `'' = 51~321Ei _I ~~ • ;. ~J . . This Inatrument Prepared by: IgBI f ~u 26 ~a~ 3~ ~ g Mary Platt _ First h ederal Savings and Loan r Association of Fort Pierce, Florida :~:3450 ~ r ~ ; E s ~ ~.~ , : : ~.~~~x ~~9 PaCE 115~ f~:t:C ~tii 4` Clr '.L.:~E ; G..:1' ! f~ J•Fi ~: -, rr,3-~:~ti CLERI{ Ci e,:i: i i...' Y~ cc_. . ~: . ~d. SAC ~ ~~