HomeMy WebLinkAbout048318. Aoceleratioa; Remedies. Bsoept a~ provided in pera~raph 17 hereot. upon Bosro~ver'~ bceub ot aqlr ooveaaat or
egreemeat of Borrower in thia Mort=a~e, iacludin~ the ooveaanta to p~,~r wrhea due atq- wa~ ~ecured by tbia Mort~a~0. I.ender
prior to aooeleration aball m~il noUce to Borrowor ar provided ia p~ra~raph 14 heceof specliyin~: (1) the bre~c6; (~) Lhe actbn
requtred to cure wch breach: l3) a date. aot lew thaa 30 dw~-~ drom the date the nat~os b mslled to Borrowrse. b~- wbich wch
breach must bs cured; aad (4) tbae t~ilure to cure such bre~c6 on or before We dwte spectAed ie~ the nodoe m~,p rewlt ia
acoslentioa oi the sums seoured by t6b Mort~a~e, foreclo~ure by judicial prooeedln~ ~ad sale of the Propert~-. The notice ~haL
f~rtl~er ta[osa~ Borro~rer ot tbe ri~ht to teinst~te aRer wooeteratlon and the ri~ht to ~ert in tbe ioreclwure proosedln~ tbe
noA•ezisteaoe oi ~ detsult or ~ap other detewe o! 8orrower to ~ooeleration apd foceclosura It tbe breach i~ aot atred oa or
before the d~te speclAed in We aodoe. I.ender at I.ender's optioa m~,~- decl~re all ottbe sum~ secared br thb Mort~s~e to be
immediatel,~r due aAd pqyable w ithout further demaad aad maq- [oreclwe t6I~ Most~sse b~- judici~l pcooeedln~. Leader ~hall be
entitled to oollect in such prooeediag all ezpeases ot [oreciwure, iacludin~, but oot llmited to. rea~oaable atLoraey's fees, s~nd
costs ot documeatary evideaoe, sbstreM~ end title reports.
19. Borrower'~ Risht to Reiiutate. Notwitlutanding I.ender'~ aooel~atioa oi We ~um~ ~ecurad by thi~ Mort~a~e. Borrowar ~haU hsve
the right b have aay prooeedin~ begua by I.eader b eaforoe this Mortgage disooatinned at any time pcios to ~try of a jud~meat eaforcin~
this Mortgage if: (a) Bormwer pay~ Lender all sums which wouW be thea due uadez this Ma:t~a~e, the Note aad note~ ~ecurin~ P1~ture
Advancea, if eny. had ao aoceleration occurred: (D) BorwMrer cvres all breache~ of any oth~ eoveaanb ~ a~neineat~ of Bo~ower oontained in
this Mortgsge; (c) Borrower pays all reaeouable ~penses incurred by Lwder in eafonans the oovenanb end a~reaments of Borrower
oontained in this Mortgage and in eaforcing I.eader s remedies as provided in paragssph 18 henof. iaclndia~. bnt not limited to. reawnabls
attorney's fees; aad (d) Botrow~ takes such actioa es Leader ruay reasonably require b assure that the liet~ of this Mort~a~e. L~der'~ intered
in the Propaty and Borrower's obligatioa to pqy the sums secured by thi~ Mortgage shall eontintu unimpaired. Upon such paymeat and cure
by Borrower, this Morfgage and the obligation~ se~ured hereby ahall remain in fiill foroe and ~ffect as if no aooelesation had oocurred.
20. Assi~ament oi Rents; Appolatment of Reoeiver. Aa additional security henunder. Borrower hereby a~aigns to Lendar We renta
of the Property. pmvided that Borro~re~ ehall. prior to aooelezation under pars~raph 18 hereof u~ abandonment of the Property. have the right
to coUect and retain such rents as they become d~ and payable.
Upon aooeleration ondez paragraph 18 he:eof or abandonment of We Property. I.ende: shall be entitled eo have a recsiver appointed by a
oourt to ent~aipon. take pos~saion of and ananage the Property and to ooAect the nats of the Property. iaclnding tho~e past dne. All reah
coUected by We e~eceiver shaU be applied first to payment of the oo~ts of management of the Propezty and oollection of renfs. includin~, but not
limited to. reoeiver's fees. premiums on zeoeiver's bond~ and r~sonabk attorney'~ fees, and then fo the ~ums ~ecnnd by thi~ Mort~~a. The
reoeivrr shall be Uable to aooount oaly-for those rents actually reoaved.
21. i~ture Advence~. Upon request by Botrowrer. I.eader. at L.ende~s option ~rithin twentY Yean irom W~ dau of this More~a~e. maY
make I~ture Advaaoe~ w BorroM-er. Snch I~htare Advanoes. with interest th~reon. shaq be ~ecured by t1~ii MoKgaBe whea evidrnoed by
promiseory not~e steting that said notes an secnred herebY. At no time ~hall the princiPal amount of the indeW,ednea secured by Wis
MortgeBe. not includin snms advanoed in aocoidance herewith W P~~ the secnrity of this Mott8a8e. e:oeed the oriBinal amount of the
Note plus U.S.i NO -
22. Releue. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage writhont charge to Borrowrer•
E3orroMr~r ahaU pay all costs of recordation, if any.
23 Attorney's Fees. As ueed '-n this Mortgage and in lhe Note, "attomey's tcea" shall include attorney's fees. if any, which may be
awarded by an appellate court. •
jN WITNFSS WHEREOF. Borrower has execated this Mortgage.
Signed, eealed and delivered
in the preeence of:
.
. . . . . .~'~. . . . ~'~. . . ~. . ' . . . . .
' ' ' ~ Witneas
.
..... ~.. ... .................... W1tII@SS
. . . ~~~~ Ls ~,,~~4~~: ~-~J6! .
~Ma ic Strunk
:~ - `/y,
.. ~ :-~r..!!/.~ .. . n"GL~~..... .
A ' e M. Strunk
STA'1'E OFFIAR[D~ . . . .. . . . . S.L~ .~.l.l~le . . . . . . . . . . . . . . . . . . . . . . . COIIIIty 88:
.. . (Seal)
_~,~.Q
... ~~
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 acknowledgements. pereonally appeared .. . .MdUCI.C@. .~...Str.unk .and. Al ice. M. . Stl"LIJIG, • 1115• • • - • • • - - • • • • • •
. . . . W? f~ . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the pereon(s) deacribed in and who ezecuted the
foregoing instrument and acknowledged before me that . . . . . . . . . . . . . . . . . . . . executed the same for the purpoae therein
expressed. / ~
WITNESS my hand and o cial aeal ' the rnunty and atate aforesaid this . . . . • • • • • • • -U- • • • • - • • • • • • • • • - • • • • day of
.........................~~R.GC~••-••......_..... . 19..~.1
N3 Co~~~ ~u~: Notary Pu6Gc, State ol Flonda at [arqe
• My to~nmission E~prtes Nor. 16. I98t
~IIf~ ba:~: c. ~ •.« _.. t,.. . , .. .
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This~nRtrumedc Prepared by:
J~ - • ..---~ ~--~ --
... .......... .......
. . . . . . . . . . . . .1~otary Public
(Spacr Iielou' Thu Lin~ Xturi~ed Fo- LPndrr nnd Rtcvrde-I
Steve Day
First Federal Savings and Loan
Association of Fort Pierce, Florida :33450
~
~
~~~~350 p~~E 48~
51960'7
I~ MAR -9 P!~ ~ 21
FILEC ~hf ~ECI.PDEO
S1lliClf COUNTY.ftA.
ROGER PO1IRAS
ttERK CIRCWt CQURi.~
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