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Home My WebLink About152618. Aoceleration; Remedle~. Bxcept as provided in para~ra~h 17 heeeot. ~pos 8orroMrer'~ breacb ot ~qp ooveaaat oe a~ree~neat of Borrower in thL Mort~ey~e. includin~ the ooveaaats to pq- w~hea due se~,y sum~ secured by tbia Mort~ase. Leadee prior to aoceleration s6s11 maj! aotioe to 8orrower au provided in pus~raph 14 hereof ~pedbria~: (1) the breac6; (Z) the actioa requlred to cure ~uch breacb; (3) ~ dete, pot lew thwa 30 dqr~ hom the date the aotice L m~lled to Borrower. by w-hicb such breach mwt be cue~ed; and (4) that laUuse to curo ~uch bre~c6 oa or before the dwte ~peciAed in tbe aouos mq rewlt 1a acoelerptioA of We ~uau secured by tbi~ Mort~aae, foreclo~uro by judlcial prooeedlas ~nd ~ale oithe Properfy. Tbe notice ~hall l~rther iaform Borrower of the ci~ht to nin~tate sAer woceleration and the rl~ht to as~ert ia the foreclo~nre proceedin~ the noa-e~stence of a default or say other deferue ot Borrower to woceleratioa aad foreclosure. lf the breach i~ not cured on or before the date ~pecifled ia the notice. Lender at I.ender'~ option ma~- declare all ot the ~ums secured by thL Mort~a~e to be imused'rately due and p~able withoul further demand and may foreclwe tbb Mort~ate by judlcial proceedtat. Leader ~6a11 be entitled to collect ia such proceedin~ all expenaes o~foreclosure, includiag, but aot llmtted to. reesonable attoraey'~ feea. and costs ot documentary evidence, abetracts and title reports. 19. 8orrower's Rl~ht to Retastate. Notarithstanding Lender s aoceleration of the ~ums ~ecured by thi~ Mortgege. Borro~var ahall have the right to have any proceedings begun by Lender to enforoe this Morfgage diseontinued at any tims prior to eatry of a judgment enforcing this Mortgage if (a) Borrower pays Lender all sums which would be then due under thu Mortga~e. the Note and notes securing ~ture Advances, J any. had no acceleration occurred; (b) Borrower cures all breaches of any other oovenaats or a~raemente of Borrower contained in thie Mortgage; (c) Borrower paya all reasouable e:penses incurred by Lender in enforcing We covenanb and sgreemeats of Borro~rer oontained in this Mortgage and in enforcing Lender s remedies as pmvided in paragrnph 18 hereof. inciudiag. bnt not limited b. nasonabls attomey's fees: and (d) Borrower takes euch action as Lender may reasonably require to assure that the liea of this Mortgage. I.ender's intend in the Property and Borrower s obligation to pay the suma secured by thie Mortgage shall continue unimpaired. Upoa such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fuq foroe and effect as ii ao scceleratioa had occurred. Z0. Asaigmment of Rente; Appoiatmeat ot Receiver. As additionai a..~.:~iy hereunder. Borrowar hrreby asai~na Lo Lendez ttre renta o! the Property. pmvided that Borrower ehall. prior to acceleration under paragraph I S hereof or abaadonment of the Property. have the right w rnllect and retain auch nnts ae they become due and payable. Upon acoeleration under paragraph 18 hereof or abandonment of the Property. L.ender shall be entitled to have a reoeiver appoiated by a oourt to enter~upon. take poesession of and manage the Property aad to collect the rents of the Property. including tho~e past due. All nnta oollected by the receiver shall be applied fust to payauent of the ooets of management of the Property end oollection of renb. iacludin~. but not limited to. receivez's fees. preiniume on recxiverb bonds and reasonable attomey's fces, and thsn to the sudu ~ecured by thia MortgaQe. The receiver shall be liable to acoount only for those nnts actually reoeived. 21. Etiture Advances. l.~pon request by Borrower. Lender, at Lender s option within twenty years fram the date o! this Mortgage, may make F1~ture Advancee to Borrower. Such ~tun Advanoes. with interest theieon. shall be secur~d by this Mortgage ~-hen evidenoed by promissory notes stating that eaid notes an secured hereby. At no time shall the principel amount of the indebtedness secured by thia Mortgege, not including euma advanoed in ecxordance herewith to protect the security of thie Mortgage, e:oeed the original aa~ount of the Note plus U.S.i 22. Release. Upon payment of all euma secured by thia Mortgage, Ixnder shall release thie l1lortgage without charge to Borrowa. Borrower ehaU pay alt coste of recordation, if any. • 23. Attorney's Fees. As used in this Mortgage and in the Note, "attomey a fees" shall include attorney's fces, if any, which may be awarded by an appellate rnurt. IN WITNE.S.S WHEREOF, Borrower has executed this Mortgage. Signed, aealed and delivered in the preeence of: ~ '; , t--,~IU,,,-~,~~i ~ ~'/ c.~. ~c-~ ..~C. ~ ......................... (. ........... ~seai~ .. `... . ... . . ~....1Nitness Edward H. Murphy -"'°"°"" ~~/~,~~Lt.62G~. . .~: . . . ~~~C~!~!. .~J. . . . . . . . . . . . .~~ ~ .~.~ . ~. ~, . . (Seal) ~~ ~ 1Nitness Evel n L. Mu hy `~ '~'r~~~ '~~•R Y STATE OFFIARID/~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . COIIilty SS: I hereby certify that on thie day, before ~r~e, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared ......... ................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) deacribed in and who executed the foregoing instrument and acknowledged before me that . . . . . . . . . . . . . . . . . . . . executed the same for the purpose therein expreased. " WITNESS my hand and9ffici 1 seal in the county and atate aforesaid this . . . . . . . . . .~.lc . . . .. .. . . . . . . . . . . . . . day of ..........................~?~.7..Gc..2~ ..:~?.l~.... , i9..~/ , . _~,~ry Ptb~ic. State ol ~ ~t l~rqe '_ My Corrl ' ' n expir'es. ~ , ~~ , . »Goow~ss~o~ Eapira No.. 16. 1981 ~ ~~~ /` /~ . -~ 1~~~ !d 4 A ' {:w f G~rr1 C~w~Aa~ l ~ `.~ ~~E'~~„ v~~ s` ~C .!~.. . .. ...a-1 ........ .... .. - . ....... J~~.• k~ ' '•~f ~ :_ - • Notary Public : r; j~Q~' ~~ ~!'.~•. 1 '_ -------- - - -- - -- -- ----------- --- -- - - .~. . - "'' ~'Jl r ~~ - -n'~ .~k - . : ~ _ ~;;~USL ~':a. . ~. •.. ~z .: .. , - ^ •......:~ .~ ,; ._ '- ~ r~ ~ ~.n~~ `~,~~ ~ ~~~• ~., ,.~1\ This Inatrument Prepared by: /Syaee HvG~u Th~.s /.inr Hrsr~rrrd for I.~nd~- and R~n~rdtrl First Federal Savings and Loan Asaociation of Furt Pierce, Florida :~.3450 ~ ~ 51t3446 19~1 F~~ 27 F~• ~ 2~ - " , t• R'• ~ ' ` ;,~ -"~ `, ~ S!. l i.Ctl '~!t\ r• ~ l%` R('r _ f~ F'C1~ f' ~' ~~ ClEfitt C1=:~1' C' R ~ ' C~ ~.~-..-n •. ~~ - ~ ..-. ~`;-~'~_.1rV"Ar!;/- ++~ L"'~' ~ r _ , r),~~ _.J,_ _ ..vt~' • `!~ -~y _ ~ ~-, =~ , _ ~.-rra~`-=;, ;~I:~ ' ~ 5.~~ 0 1- : < <. ~,8 . • ~ °' _ . , '~~349 F:uE~~~s tlR~ ~ r ~ ' ~ ~~ - - - - - , : iM1~. 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