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Home My WebLink About04791& Acceleratioa; Remedle~. E:oept aa providat in par~r~ph 19 bereot, upon Borrowrsr'~ btewch ot an~- ooveaant or a~reement of Bosrower in tbi~ Mort~ey~e. j11CIY1~[I~ ~Il@ OOVOAaA~i ~O py- MI1~1 dY@ Wy Nl1~ /OCyi~ ~ U1j~ Mort~~e. Leader prior to soceleratloa ~hall mall aotica to Borrower eu provided ia pua~raph 14 hereo[~pedtyla~: (1) the breac6; (~) t6e wctlon requfred to cure sucb breuch; (3) a date, aot le~a tbari 30 d~ys Arom the date the aotice b m~lled to HorroMrer. by w~blch ~uc6 breacb mwt be cured; snd (4) tbat failure to cure ~ucb breach on or before tl~e date ~pedAed tu the nodos ma,~- n+sult ia ao~eleration of the sums securad by thia lllort~~e. foreclo~ure by Judiclal proceedias aad ~ale oithe Property. The aotioo ~hap fbrt6er iatorm Borrower of tbe rl~ht to reinstate atter aooelerwUoa and the ri~ht to a~sest ia the foreclo~ure proceedias the ~oa-existeaoe of a detault or aay other defease oi Borrower to woceleration ~wd foreclosure.. If the breach is not cured oa or be[ore the date speciAed in the aotice, Lendor at Lender'~ optioa may decl~re all o[ the ~um~ secured by thL Mort~e~e to be immediately due and p~yable without f~rther demend aad meq- foreclwe thL!lort~ate by Judktal prooeedlr~. Lender sh~ll be eatitled to oollect ia such ptoceedlna ap espeaae~ of forecto~~tre, includln~, but not ltmlted to. reawaable attorney'~ fee~. and coeta of documeatary evidence, ab~tracts and title reports. 19. Borrower'~ Risht to Rein~txte, Notwithstanding I.eader'a acceleration o! We ~uau ~ecured by this Mort~sge, Borrower shall have the right to have any prooeeding~ beguu by [.end~ to enforoe this Morfgage di~coatinued at any time priot to eatry of a jud~m~t enforcing ehis Mortgage if; (a) Borrower paya Lender all sums which would be then due under tluw Mort~a~e, the Note and Aotes ~ecurin~ I~ture Advances. if anY. had no acceleration oecurred; (b) Borrower cuns all breaches of eny oth~ oovenanta or agreements of Borrower oontained in thie Mortgage; (c) Bor[ower pays ap reasouable espenses incurred by Lender ia enforcing the oovenanh and agreemeuf~ of Borrower oontained in this Mortgage and in enforcing Lender's remediea as pmvided in paragraph 18 hereof. inclndia~, but not limited to. reaaoaabls attorney's fees; and (d) Borrower takes euch action ae Gender may reasonably requin to as~ure that the lien of this Mortgage, I.endez'~ iatered in the Property and Borrower's obligation to pay the sums eccured by this Mortgage shall oontinue unimpaired. Upon such payment and cnre by Borrower. this Mortgage and the obligationa secured hereby shalt reanain in tull foroe and effect as if no aoceleratioa had oocurred. 20. Assi~nmeat oi Renta; Appoiatment of fteoeiver. Aa additional security here~nder. Borrower hereby amign~ to Lender the reny of the Property. pmvided thet Borrower ahall~ prior to aooeleration under paragraph 18 hereof or abandonmeat of the Prope:ty~ have the right to rnUeet and ntain such renta as they become due and peyabk. Upon acceleration uader paragraph 18 hereof or abandonment oi We Property. Lender shall be entidod to have e reoeiver appointed by a court to enter~pon, talce posseeaion of and manage the Property and to coAect the rents of the Property. includiag Wose pa~t due. All rents oollected by the reoeiver shall be applied first b payment of the oosta of management of the Property and ooUection of r~t~, inclndin~~ bnt not limited to. reoeiver s fees. premiums on nceiver's bonds e~nd reasoneble attornay'a fee~, and then to tbe ~nms ~ecured by this Mottga~e,lLe receiver shall be liable to acoount oaly for those nnts actually received. 21. Ilture Advance~. Upon request by Borrower. Lender. at Lender's option within twenty yean irom the date olthis Mortgage. may make Pbture Advsnoes to Borrowe~r. Such F~tun Advancea. WI~1 lI1L!?tltL LIIEIEOA. shsll be secured by this Mortgage when evidenoed by promiesory notes etating that said notes an secured henby. At no time ahall the principal amount of the indebtedneN secured by this Mortgege, not includin8 sums advanaed in aocordance herewith to protect the security of this Mortgage, e:oeed the original amonnt of the lVote plus U.S.i IVOne _ 22. Releaae. Upon psyment of all sums secured by this Mortgage, I,ender shali release this Mortgage without charge to Borrower. Borrower shall pay all coate of recordation, if any. 23_ Atlorney'e Feee. As ueed in this Mortgage and in the Note, "attorney's feea" ahall include attorney'a ices. if any, which may be awarded by an appellate rnurt. IN WITNESS WHEREOF. Bonower has e:ecuted this Mortgage. Signed, eealed and delivered in the presence of: .~ ( ~ /` , .L-/. . ` . . : . . 1=~4'~ . . . . . . . . . . . . . ~C.~ Witnesa .... .~ ................................. Witness ~ ~ ~ ... ...... ....... ...........(Seal) E SHULTZ, a s' e adul t -8o^°R~ ..............................................(Seal) -BOf~O~K STATEOFFLORID~ .......... St: Lucie ...................... County as: I hereb certify that on this day, before ir~e, an°~ y ut Q~' 'n the s te fores 'dand in thernunt aforesaid to take acknowl~dgements, peraonally appeared . . . "'-~~~ ~. ~""'-~~ , a . sng~ e. .a~U 1 t, • • • • . . . . . . . . y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) deacribed in and who executed the foregoing instrument and acknowledged before me that .. ... he.... ..... ... ezecuted the same for the purpoae therein expressed. / r-~ WITNESS my hand and 'al seal iry the county and atate aforesaid this . . . . . . . . . . . . [F : . . . . . . . . . . . . . . . . . . . day of . . . . . .. . . .. .. .. .. . .. . . . . .. r.~~~~G1..G.C~I. .. . .. .. . . . . . . . . . . , 19.if.~:. 1~iy Commi~sion expires:~~ Aiic. Sl~1e d AaiB~ ~t irpe . , ~ ~ y ~.: r~~ 1ik C~~s~ E,pi~~t 11w. 16. 198: ~ ~' i- ~\L~~ <</~ ~~d ~s An~--i, lw S C~~,~-. C ~~ • p ~ ~ ' ~ . l / /, ~~`~~`~°-'t~•~~~r --t!""'~--•"---v....~...~!._ . . .. ~~--....... .. ~ G ~a, ~~: ~ :.,~~ ~,.,~ ~~''~!/ ~ Notary Pub~c .]~~.' . ._7'.' . ~_ 1 '7 `~' : ~ ' ~ ~,~,,i ~. Yg`•; .~ ~ ~ . ,,,*~ • ,.y ,s~• ; .....: + - ~iw :~ -,. , . -' =~~` '°tre~,+~°~~ ~'= : ''~~'/` ~,i ~ :~•~~'~ ~ ~i~<`' •• :..t• .~~ ~.,• ~~F ~;_~-,. `' ~.~~,~ Th~s~Inatr.y~en~paied by: Jerry G. Litrento ~Space Iklou• Th4s L~na RrsP.o~d For Ltnder and Reeiordt-I Firat Federal Savinge and Loan Asaociation of Fort Pierce, Florida :33450 ~ ~981 MAR -9 p~~ ~ 2 r ~i~tc er~c ~r~a-nro sr. ~ucif cot~rr r.i t ~. ROGER Pp~TR~S CLERK CtRCUIi CfURi ~ ~( .rr: ~~~ F~i'trC -- 519~p~ 8~~~350 Y~CE 47~ .~