HomeMy WebLinkAbout047518. Acceleratioa; Remedle~. EYOept a~ provided ia psre~re-ph 17 hereot. upon 8oreowrer'~ brewch ot aq~r ooveaaat or
8~[8@~!@Al Ot BOlMW e! ID ~flL MOt~~~ ItICIYf~IQ~ tbe ooveasnta to pq- wbea due aqr w~m~ ~ecured by thl~ Mort~a~e. I.ender
prfor to soceleration ohsll mdl aotioe to Borrowec eu provided in para~rapb 14 bereof spscifyin~:ll) tho bteach; (4) the actlon
required to cure wch breach; (3) w date. not less than 30 d~y~ hom the date the notk~s L m~lted to Borrowrer, b~r which wch
breach must be cured; and (4) that teilure to cure sucb brewc6 oa or be[ore t6e date ~peclAed in the aotios mq rewlt ia
scoeleratton ot the ~um~ secured by thL Mort~a~e. [oreclo~ure by )udicial proossdiat ~ad ~ale of the Pe~opert,y. The aotWs ~6aU
turther iaform Borrower ot the ri~ht to reiaslate aRer aoceleratlon aad the ritht to wert Ia the foreclosure prooeedla~ the
non•e:istenoe of a default or ~ny other detease ot 8orrower to woceleradoa aad foeeclosare. Ii the breach b aot cured oa or
betore the date ~peciRed ia the aot~ce. Lender at Leader'~ option may declere sU oi We wm~ secured by tbL Yort~a~e to be
immediately due and payable without turther demaad and me~- torecla~e thi~ Mort~a~e by judlci~l pra~eedinr. Lender ~hall be
entitled to oollect in such prooeedia~ all espeases of foreclwure. includta~, but not ltmited to, seawa~ble wttornep'~ tae~. ~nd
coete oidocumentary evidence. abatracts and title reporta.
19. Borrower's Ri~ht to Relnstate. Not~vithstanding Lender's aocelesatioa of the eum~ ~scured by thia Mort~eQe. Borrower shall have
the right to have any prooeedings begun by Leader to eaforoe thia Mortge~e disoontinued at any time pri~ b ei-try of s judgm~t eniorcing
thie Mortgage if: (a) Borrower pays Leuder ell sums which arould be then due uader thi~ Mort~a~0. ~s Note and aote~ recusin~ FLtnre
Advances. it any, had no aoceleratioa occurred; (b) Bormwar cuses all bnaches of any other oovensaN or a~reemeata of Borrower ooAtaiaed in
this Mortgage; (c) Borrower pays all reasonable ~penees incurred by Leader in eaforcing the oovenants and aQreeineata of Borrowe~
contained in this Mortgage and in enforcing Lender's remedies aa pmvided ia paragraph 18 hereof, inclnding. but aot limited b. reawnabls
attorney's feea; and (d) Borrower takes auch action as Lender may reawnably require to assnn that We Uen of fbis Mort~a~e. l.ender'~ intend
in the Piroperty and Borrower s obligation to pay the sums secured by this Mortgage shall oontinue unimpaired. Upon such paym~-t and cure
by Borrower. this Mortgage and the obligations secured hereby shall nmain in fiill force and effect as if ao aooeleration 6e-d oocurred.
20. Assignment of Reats; Appointment ot Aecelver. A~ additional security hereunder. Borrower hereby asaigtu t~o Lender tbe nnta
of the Propedy. provided that Borrower shall. prior b acceleration under paragraph 18 hereof or abandoament of the Prope:ty. have tha riQht
to collect and retsin such renta ae they become due and payable.
Upon aoceleration under paragraph 18 hee+eof or ebandonment of'the Property. Lender ahail be eatitied to have a reoeiva appointa~ by a
coort to enLer~pon. take posseeaion of and maaage the Property and to ooUect We nnts of the Property. iaclnding Wo~s psst due. All rent~
rnllected by the receiver shall be applied firet to payment of the ooets of managemeat of the Property and oollection of renta, indudin~. bnt not
limited to, receiver'e fees. premiums on reoeiver's bonds and r~sonable attomey's fees, and thea to the ~ams ~ecured by this M~e~ge.'R~e
receiver ahall be liable b aooount only for those renta actually received. ~ ~
21. PLture Advance~. Upoa re4uat by Borrower. Lenda. at I,ender's option within twenty years firom the date of thu Mortgage. may
make ~tun Advanoa to Botrower. Sach Ilture Advaaces. with inf~at thereon. shall be ~ecured bY this MortgaBe whea evidenoed by
Mortgag not nclu hn sums advanoed ocordanoe her~ewith to ptotect the~secusiptyr of this MortBaBe. e~oeed the original an-ount oi the
Note plw U.S.i One -
22 Relea.e. Upon payment of all aums secured by this MortgaBe, Lender shall release this Mortgage without charge to Borro~ver.
Borrower ehall pay all coets of reooTdetion. if any.
23_ Attorney's Fees. As ueed in thie Mortgage and in the Note, "attorney'a fees' shall include attorney's fees. if any. which may be
awarded by an appellate rnurt.
IN WITNFS.S WHEREOF. Borrower hae exccuted this Mortgage.
Signed, eealed and delivered
in the preeence of:
. . . . C:.p`: :`• u• ,/.v. .`• • . . . ~'j. . . .
~ 1Nitness
f . . . . . . ~' ~`. . . ~~~~~~~~ .,~~~~
............ .. A~~ .....
' ' ' ' ~ Witneas
:''f~L f'll.'. .L~ . . . .
CALVIN W. MILL
.c~~{~r,~, , ,~, ~3~{ ;y; ~~~1 : ~. .
ANTOINETTE M. MILLS
STATE OFFLORID/~ , , , , , . St: . LUCIe . . . . . . . . . . . . . . . . . . . . . . . COUrity S8:
.............. ts~)
-6orrower
~L~ ~J~~ ~-7Gril~
-Ho~rawR
I hereby certify that on thia day, before cr,e, an officer duly suthorized in the state aforesaid and in the county aforesaid to
take acknowledgements, peraonally appeared .. Cd 1 V i ri W; ..Mi 11 S, ,~Ild ,~t01 p~tt~ . M.. . Mil ls .. h i s. .wa.fe., .....
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who ezecuted the
................
foregoing inatrument and acknowledged before me that _.... th~Y. ,...,.... e:ecuted the~ e f9r the purpoae therein
expressed. ~~
WITNESS my hand a cial aeal n the county and atate aforesaid thia . . . . . . • • - - • - • • • • • - • • • • • • • • • • • • • • • • day of
.....................•...%~~~-.LG~.................. . 19..1~~
4,
My Coa4~ssion expires:
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This I~ult~oae~st;~reparE
Thomas N. Nenson
M~trp /1i6ic. Stde ~1 Ftori~ ~ (~ ~ J .
Mr Co~n."ssi.. E~ ' ~ ~ / (';
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/Space [ielou• Th-s Line R~:v+r~d For Lende- and Rernrderl
~ 5196U5
by. 19~ MAR -9 P~! ~ 21
First Federal Savings and I.oan
Asaceiation of Fort Pierce, Florida 33450
~
~~
B~OK J~ PAGE
FILEI' ~NC FECOPDEO
s ROGER PO TRAS~~
CLCRK CIRCUI? COUitT -
Grcr.Rn ~•t at~ •t a._
475 ~