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Home My WebLink About017318. Aoceleratloa; Ramediea. ~:cept aa provided tn pers~r~ph 17 hereot. upoa Borrower'~ bre~ch ot wa~- ooveasnt or asreement oi Borrower i~ thL Mortsey~e. includtn~ the oove~anta b py- ~v6ea due ~ wm~ ~ecured by thi~ ~Iort~a~e.l.eAder prior to soceloratioa ~hall mell aotioe ta Borrower ~ provided in para~rapb 14 6ee~eot~pedtyia~: (1) the bre~cb; (Z) the actioa requlred to cure ~uch breach; l3) w date. aot leu th~n 30 day~ h^om the date the notk~e b a~alled to Borrowrer, b~r wbk6 wc6 breacb mwt be cured; aad (4) thwt tailure to cure sucl~ breacb on or beforo tbe date ~peciQed ta t6e aottoe mq rewlt ia aocaleratiop of the ~um~ ~ecured by this Mort~ate, [oreclwure by judicid proosedin~ wd sale oi We Propert,~-. Tbe potioe shaU further inform Borrower o[ the rl~bt to reinstate sRer aooelerattoa wad the ri~ht to wert ia t6e [oreclo~ure pruosedlnt t6e noa-e:isteace of w default or any other deferue of Borrower to aoceleratioa and foreclo~ura lf the breach i~ not cured on or before the dsee ~pecitied in the aodce. Lender at Lender'~ optioa miU- declare all ot the wan~ se~vred by thL Mort~~e to be immediately due aad pgyable without further demand and may toreclose thl~ Mo~~e by judlcisl pmoeedlns. Lender ~hall be entitled to co11eM In sucb proceeding al l expenses ot [orectosure, iacludtnt, but aot I1mlted to. reawnable ~ttoraey'~ tee~. aad costs ot documentary evidence. abstracta eu~d title reporta. - 19. Borrower's Ri~ht to Reiiutate. Notwithstanding Lender'e aoceleration of the sums ~ecured by thi~ Mort~a~e. Borrower ~hall have the right to have any proceedings begun by Lender to enforoe thie Mortgage diacontinued at any time ptior b entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all eums which would be thea due under thii Mort~a~e. the Note and note~ ~ecuring FLture Advances, if any. had ao aoceleration occurred; (b) Borrower cures all breaches of a~y other ooveuant~ or a~reements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable espenaes incurred by Lender in enforcin~ the ooveaanta and agreemenb oi Borrower rnntained in this Mortgage and ia enforcing I.endrr's maedies as provided in para~raph 18 hereof. includiag, bnt not limited to, re~uonabls attomey's fces: and (d) Bormwer takes euch action as Lender may reasonably require to assure that the lien of this Mortgage. I.end~ i intered in the Property and Borrower a obligation to pay the sums secund by this Mortgage shaU rnntin~ unimpaired. Upon ~uch paymeat and care by Borrow~er. this Mortgage and the obligations secured hereby ahall remain in fiiU foroe and dfect as if ao aooderatioa had oocvrred. `lO. Ad6~~!lIQB~IL Ot NC1lL~; Appoiatmeat of Aeceiver. Aa additional security hereunder. Borrower henby a~signs to I.ender the reata oi the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof ot abandonme~t oilhe Pt~operty. have the riQht to collect and ntain such renta ea they beoome due and payable. Upon ecceleration under peregraph 18 hereof or abandonment otthe Prope~ty. Lender shall be entided to have a recriver appointed by a rnurt to eoter~pon, take possession of ~nd manage the Property and to rnAect the rents of the Property. including tho~e patt due. All nab rnpected by the receiver shell be appUed firet to payment of the oosts of management of the Property and oollection of renta. includin~. bnt not limited to, reoeiver s fees, premiums on receiver's bonda and reasonable attomey's feea, and thea to the ~ums aecured by tbis MortQage.'l4~e reoeiver ehall be liable to acoount only for those nntu actually received. 21. P1~ture Advance~. Upon requeat by Borrower. Lender. at Lende~s option within twenty years from the date of this Mortgege. may mate Futun Advances to Borrower. Such FLture Advances, with interest thenoa, shaU be secured bY thia Mortgage wheu evidenoed by promiasory notea etating that said notes an secured herebY- At no time ehall tha principal amount of the indebtedness secured bY this Mortgage, not including sums advanoed in accordence herewith to pmtei.'t the security of this Mortgage, e:oeed the original amount of the Note plus U.S.=~~OYIP 22. Retease. Upon payment of all aums eecured by thie MortgaBe, Lender ehall release this Mortgage aithout charge to Borrower. Borrowet ahall pay all caets of ncordation, if any. 23. Attorney's Fees. Aa ueed in this Mortgage and in the Notr, "attorney'e feei ' shall include attorney's fees, if any, which may be awarded by an appellate court. I~i WIThES.S WHERF.OF. Borrower has executed this Mortgage. Signed, aealed and delivered in the preaence of: . . .~! . . . . . . . . . . [/. . : . . . . ' . . . . . . !~ . . . . . . . . (Seal) ~ ~~ ~`~~ ~ilH~tnesa ~ICATIE TEST, a/k/a Catherine F. Test,-e«~-~ (Sea1) ... ....~'~:...~'.. ~`' .... ........ ... ..... a single adult ........................ . . . . . Witness -~°"°•° St. LuCie County ss: STA'1'E OFFIARID/~ . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . ... . . . . . . . . . I hereby certify that on thia day, before rr~e, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgementa, ~rSOnat~y ap~area . .KATIE .TEST., . a~k/a . Catherane. .F . - Test,• a • si ngle- •adul t, • • - . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that .. sh8 ........~..... executed the same for the purpose therein expreased. WITNESS my hand and official seal in the county and atate aioresaid this . . . . . :~~h . . . . . .. . . .. . . . .. . . . . . .. day of ~ ................•......Ma rCh _....................---.... , 19. 81... Nalxll ~• State ol Floi+1~ at L~e ~ . • ~'fy Comm; i~fR~,ii Puea' 4~AY Lomo~isA~~ ExDues i~o~. 16. 1952 , . ,. . ~~~ ~ ~N ~ CIN~1 CM:y~ ~ / ~ . ~G ~lyi ~°'°'° ~ i" ~ `,.~ ,. _ ~ . .. .. ~.~ \ ...~ ..... . - - -...~~- . ........ . .-- ....... . ~ J~G . , ' S~ ~~~ Notary Yublic .•- , y~': _ - s~.. ~~~ 73A 4 }~ ';~ -- --- - - ----- --- -- ---- - - --- - .~ ' •j 'r;- i~.. ~;> ~ u~ 1~ ~-~ ` rtipacs BPG~u This Lirt~ R~s~~.r~d ~or 1.~n7~r and Rtcvrdrr/ ~~1~.'• --. . ~~ - .,~~~~, :~ .uY .:}' .~. This Inatrument Prepared by: Jerry G. Litrento First Federal Savings and Loan Asaociation of Fort Pierce, Florida 33450 l981 MAR -6 P~! ~ ~+0 ~~~~Q ~NC ~~CORCfO S R GER PO TRAg~ CIERK CIRCUIT C0~ RECDRD ~~faii~t[f.._ ~ 519436 `'~350 L~~?x Pat~ ~.73 ~