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HomeMy WebLinkAbout195318. Aoceleratlon; Remedle~. B~oept w~ prnvided ip p~ra~rapb 17 t~ereot. uyoa 8ore+ow~es'~ bseach o! aq~r ooveaant oe a:seemeat of Borrower ia tbL Mort~ase. incl4dta~ the ooveaanta to pqr w~hen due ~q~r ~~ ~~~ ~, ~ y~~~, ~dee prior to aooeler~ttoa ~6all mall notios to 8orrower a~ provided in paryrapb 14 bereot~pedyln~: (1) tbe bra~c6; (Z) t6e actloa required to cure wch brescb: l3) w date. not lew than 30 day~ hom the date tbe aotios b m~iled to Borrow-er. b~r w-hkb ~uch breach mwt be cused; ~ad (4) that fidlure to cure ~uch brewch oa or betore the d~te ~peciAed in the nodos ma,~r rewlt ia aooeleratioa of the sunu ~ecured by thLs Mort~s~a foreclwure b~r judid~l proossdin~ ~ad sRle of the Propertp. Tbe aotios ~h~ll ttirther inform Horrowrer o! the ri~ht to reia~tate ~lter aooelerstion aad ths rl~bt to aNert 1n the ioreclon~re prooeed~ tl~e aon-esi~teAOS of ~ def~ult or ~ny othar defeiue of 8orrower to sa:eleration ~ad foceclo~ura It the breach L not cured on or before the date ~pecitiee! in the aotlce. Leader at Leader'~ optloA my- declere sU otthe wm~ ~ecnred by thb Mort~ase to be immediwtely due and pgywble without tWrt6er demand aad mq- [oreclose thi~ Yort~~e by judlcl~l prooeedia~. Leader ~baU be eatitled to oollect ta suc6 prooeedia~ all espea~e~ otforeclo~ure, includin~. but aot llmlted to. rea~onable wttor~e~r'~ tea~. and coete of documeatasy evideace. abstracts and tltle rcports. 19. Borrower'~ Ri~ht to Rein~ute. Notwitlutanding Lendei s aceeleratioA of the suau ~e~wred by thi~ Mort~a~e. Bo=rower shaU have the right to have any prooeedings begua by Lender to eaforoe this Mostg~s disoontinned at any time ptriar to eatry of a jud~meat eAforian~ this Mortgage if: (a) Horrower pays I,ende: ail sum~ which would be then due uades thi~ Mact~a~e, the Note and aM,es ~ecuring Pt~que Advances. if anY. had no sooeleration oocurred: (b) Borrower cvre~ all bnache~ of any other coveaaat~ ~ a~reem~ta of Borrower oontaiaed in this Mortgage; (c) Borrower pays all res~soiiable espenses incurred by Lender in enfori.in~ the oov~anta aad aQreemeata of Borrowrer aoatained in this Mortgage and in eniorcing Lender's remedies as pmvided in para~raph 18 hereof. inclndia~, bnt not limited to. reasonabls attorney's fees; and (d) Borrovv~ ~akes such accion as i.ender may reesonably require ~o s..am ~t ~he lien of shie Mo~a~, L.~ader's intereat ia the Peopert~y and Borrower's obligation to pqy the sums secured by this Mortgage shall oontinne unimpaired. Upon ~uch psym~t snd cnre by Borro~er, this Mortgage and We obligations secured henby shall remain in full foroe and effeet a~ if no aooeleretioa had oocntred. 20. Aasipament of Renta; Appointment of Reoeiver. As additional aecurity hereunder. Borrower hereby auiQn~ to Lender the res~ta of the Property. provided that Botrower shall. prior to aooeleration under paragraph 18 hereof or abandonment of the to collect and retain such•renta as thay become due and peyable. ~P~Y.~vetheriQht Upoa acoeleratioa under paragraph 18 hereof or abandoament of the Prope~ty. Lender shell be entitled b have s reoeiva appoinLed by a oourt to enterapon. take pos~sion of and manage the Pmperty and to oollect the rez~ts of the Propetty~ includin~ t6o~e pa~t dne. All res~ta ooUected by We receiver ahell be applied Srst Lo payment oithe ooeta of managem~t of the Property and oollaetioa of reat~. includia~~ bnt not limited to, receiver's fe~a. premiums on reoeiver's bonda and ressonable attorney's fees, and then to the snms ~ecured by t1~ Mort~a~e.1Ue receiver shall be liable to aooount only for those rents actually reoeived. 21. I~ture Advanoe~. Upon requed by Borsower. Lender. st I.endef~ option within tweaty yewrs tmm the date of thi~ Mortgage. may meke Future Advaaaes t~o Borrow~r. Such F1~ture Advaaoes, ~rith intere~t thereon. ~haU be ~ecured b3- thi~ MortSage when evideaoed by promissory notes stating tl~at said notcs an secured hereby. At no time ahall We princ~pal araount of We indebtedaas secured by this Mortgege. aot iacluding swna sdvanoed in accordanoe herewith to protect the security of thia Mortgage, ~oeed the original amonnt of the NoLe plus U.S.~ ~j(~~ - 22 Release. Upon payment of all sums ~ecurcd by this Mortgage. Lender shall releaie this Mortgage ~rithout charge to Borrowa. Borrower ehall paY a1l costs of recordation. if any. 23. Attorney's Feea. As used in this Mortgage and in the Note, "sttorney's fees" shall include attorney's feea, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed thie Mortgage. Signed, eealed and delivered in the preaence f: .......... , ..~.. ....... ~~~~ ~~ ~~" Witness .... D . .C~:.-. ........ ~ ~ Witnese / -~;~~~E`L .~C ~0 OBE~ i. i ........ (~) . ~.. .......,...... DOROTHY JOAN ERG ~i $TATE OFFLORID/~ . . . . . .. S~r.. 4y~ie . . .. . . . . ... . . . . .. . . . . . . . . COUIIty 88: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledeemente, pereonally appeared.Mll~3REl. A.. GOLDBERG. aqd .DQRO~HY..JOAN. GOL~BERG~• •has •r~ife, - • - • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(a) deecribed in and who executed the foregoing inatrument and acknowledged before me that ....th@y ••••-•-•••- exec~ted the eame for the purpose therein expressed. 3 ~ WITNESS my hand and o~'ja~l al in th~° unty and atate afore8aid thia . . . ... .. ~ .. . .. .. . ... .. . .. . ... day of ................ ..............~j. ~~~CryJ.............. , 19. ~~. My Commisaion espires: ~~ ~. ~ eT Florid~ at 1a~ `~, w~urJ~jpn= ~~ E:oira No.. 16. 19a2 !t .a?~~ ~l~'~. n~~Ii_ i..M~ h Ana.c.. r.. a i., . _ , ~ ~ .....(~/~C.r~~-f....~---!L /~~.----•- -..,..~-z:f.......... Notary Public ~ .-~. ~ : '~' ~`~. ~~,:~-..:. ~y- • t. ~ ~ . . `~J d ~, . , • ~~ ^? ~ iS~ ~ ~ ~ ' " > • • ., i ~i"•'' -. , ~~ . ~ •~~ _ °. • .. ~,~.-. ia lnstruiil~iti`'firepared by: ISpacs Relou• Thu Linr Rta~rved Fo- L~ndtr and Rte+nrdaN 19~ MAR I 6 A}~ I I~ 0 I Steve Day Firat Federal Savinge and Loan Aasociation of Fort Pierce, Florida 33450 FILfC sN[ ~f CU~Ri Q Sl. WCIf COJN •-X f 1 A. RCfiER POITR~S CIERK CIRCUIi COUR1 ~(LCf1 \'f Rlr rr!-_ -- - s~O430 y ~~ ~ ~ 8~350 P~f~951 ~; ~ ~~. , - ~;~::, :--. = - _ - . _ •