HomeMy WebLinkAbout276218. Aoceler~ttoa; Rewedie~. B=oept ~u provided ia para~rsph 17 bereoi, upoa Hosrow~r''~ breach of aeqr oovea~nt or
a~roemeat oi 8orrower ia thi~ Mort~~e. lacludia~ tho oovea~nta to pp- wb~adue aa~- ~nm~ s~cured by thi~ Yort~~e, I.eodee
prior to ~oosleratioa ~h~ll eaaU notioe to Borro~rer w~ provided ta pua~rapb 14 bereot~pedbrin~s l1) tbe bre~cb; (~) the actioa
requlred to cure ~uch breacb: l3) a date. aot les~ th~a 30 day~ A~om the date the aotlos b maUed to Borrowrer. b~- wrhich wch
broac6 mwt be cured; and (4) thwt l~ilure to cure wch breac6 on or before the date rpeciAed 1n ths notlae ma,~ riwit ia
aooeler~tbn of t6e ~uau ~ecured by thi~ Mort~a~s, foreclo~ure by )udiclal proosedie~ and Mle of the Propeet,~r. T6e notios ~~U
tlirther lnform Borrower oi the ri~ht to reia~tate aRer ~ooeleratbn and We ri~bt to wert in the lorecloare proosedin~ the
noa-esistenoe of a def~ult or atq otber defense of Borrower to soceleration and foreclo~ure. If tbe breach b not cured on or
before the date ~peciAed in the aotice, Lender wt Leader's optioa ma~r decl~re all ot tbe sums secured b~ thb Mort~a~e b bs
i mmedi~tel~- due end pqrwble witlwut tlirther demsad u~d m~,y toeeclwe thi~ Yort~ase by iudiclRl proosedia~. I.eader ~hall be
entitled to collect ia ~uch prooeedin~ all e:pe~e~ of foreclooure, includin~, but not 1lmited to, reawa~ble wttoraey'~ lee~, aad
costa of documeatuy evideaoe, abstrocta and tltle reporta. ,
19. Borrower'~ Ri~ht to Relnatate. Notwithstanding Lender'a acceleration oithe ~~ ~ecured bY Wi~ 1Y[o~a~e. Borrower ihaU have
che righc co have any rrooeeding. besun by Lenaer co entoroe thi. Mortge~e ai~continuea ec any tiane peio~ to enay oi a i~~t enforcin~
this Mortgage iF (a) Borrower pays Lender all sunas which would be th~ due under thi~ Mort~~e. the Note ~nd note~ ~scuriaQ Flitare
Advances. if aay. had no aooeleration oocurred; (b) Borrower cures all breache~ of any otl~er 6oveaent~ or ap~sementa of Boeroaer coataiaed in
this MorfgaQe; (c) Borrower pqy~ all reawuable ~peases incurred by Lender in eaforcing We oove~ants end a~reemmts of Borrowa~
coatained in Lhis Mortgage and in entorcing LendeT s remedies aa provided in pars~raph 18 hereof, incladin~. bnt not limited to. rea~oaabls
attorney's fees: and (d) Botrower takes such action as Lender may reawnably tequire to aann that the lien of ihi~ Mo~e~e. I.end~'~ intere~t
in the Propetty sad Borm~rer's obligation to pqy the ~ume secund by Wis Mortgage ~haU oontiane naiinpeired. Upon snch p~yment aad cun
by Borrownr. this M~tgage and the obli~atious secvred hereby shall nmain in full foroe and et'fect a~ if no aooeleration had oocurred.
20. As~i~-ment of Renta; Appointmeat of Reoeiver. A~ additional secarity hereuader. Borro~rer hereby a~si~n~ to L~der the reata
of the Property. provided that Borrovver shall, prior to sooela~ation under paragraph 18 hereof os abandonm~t of the Property. have tbe ri~ht
to collect and retain sudi reata ss they become due aad payable.
Upon aooeleratan uader paregraph 18 hereof or abandonment of the Property. Leadez shall be entitled to have a reoeiver appointed by a
oo~ut to eater.upoa. take po~sesaion of and manage the Proparty and to oollect the renb of the Prop~ty, inclnding tbo~a pad due. All sent~
collected by the reoa~ver shall be applied Srst b payment of the oosta.of manageeneat of the Proparty and ooUectioa of reat~. includin~. bnt not
t'united to. receiver's fee~, preminms oa reoeiver'e bonds and reasonable attotaey's fea. and then b the suau sscnred by Wi~ Mosf~~s:'Ibe
receivet ~hall be liable to acou~u-t only for those rents actually reoeived. -
21. Phuu~e Advaace~. Upon request by Borrower. I.ender. et Lender's option ariWin tvvenh- Years trom the date of this Mortgage. may
make Pbtnre Advanoes to Borrower. 3ach Phtnn Advanocs. with intenst thenoo. shell be secured bY this Mort~aBe when a~videnoed by
pmmissorY notes statiag that eaid nota are eecured henby. At no time shaU We principal amount of the iadeMednw secured by thie
Mortgage. noL includiag sams advanoed in aooordanoe herewith to protect the security of this MortBeBe, ezoeed tbe ori6inal amount of the
Nqte plw U.3.
22 Release. Upon payment of all aums secured by this Mortgege. Lender shatl release this Mortgage withw~t charge to Borm~vez.
Borrower shall pay all ooats of revordation. if any.
23. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's fees' shall include attorney's fees. if any, which may be
awarded by an appellate coud.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, eealed and delivered
in the prese ce of:
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~ 1?Vitneas
Witnesa
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P i Y . Gu~'~'~ -~.a
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~TTLE R - -~.a
DELANE NEILL
St. Lucie
STATE OFCLORIDA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . County sa:
I hereby certify that on this day, before ir-e, an officer duly suthorized in the etate afore8sid and in the county aforesaid to
take acknowledgementa, peraonally appeared . PH I LLI P_ G. . GUETT~~R. an~i, ,Q~~,AN~ . N~I G1. .~llETTLE.R.. jll S.. .....
• . . . . . . . wi fe, . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who ezecuted the
................... .
foregoing inatrument and acknowledged before me that ...~hP.~(, ........... executed the same for the purpoae therein
expreased. .~.~..~ day of
WITNESS my hand~n~~~ial seal in the county and state aforesaid thie . . . . . . . . . . . . . . . . . . . . . . . . . . . .
~ ~~L:~~iLt~. , 19~• ~ .
p,ter~r O~ic, Skte of floride et laa
11y Commiseio~expirea: - ~
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'.,``~ ~,` ~'r~,....•.~,~~/~C i,,' Notary Publi
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~ N;~ ~ ~ .~ ' w ; ISpoca Belou• Thu L~ne R~u.ued For Lend~r and R~arordtrl
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This InstruMent Prepared by:
Thomas H. Henson
Firat Federal Savinge and Loan
Aasociation of Fort Pierce, Florida :33450
q~ NAR 18 P~ ~ 34
' F~~cc «c F~coKaEo
5 ROGER POITRAS~~
CLERK CIRCUII CCI.'RT
R£~Gan~rRtFlE~__.~ --.~~_
S~U85~
anriz 3~ PacE 276~
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