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Home My WebLink About174418. Accrleration; Remediex. F.xcept ss provlded i~ paraQraph 17 hercwt. upon Borrower'~ breach ot say ooveneuit o~ agreement ot Borrower.in thie Murt~sge. including the euvenunte to pay when due any sumo recured by thlr MortQa~e. Leader prior to acceleration ehull maii nutice tu E3~rruwer as provided in peragreph 14 hereof epecifyin~:l l) the breach; (Z) the ectioa rrquired to cure euch breach; ('3) a date, not leew thsn 30 daye trom the date the notice u mailed to Borrower, by whlch such breuch muet be cured; and (4) thAt feilure to cure euch breach on or be[ore the dete specified in the notioe aaey result In acceleration of the eums aecured by this Mortgage. forecloeure by judtcil~l proceedi~~ and eale otthe Property.The Aotice rhaU furiher tntorm Borrowe~ otthe right to reinetate atter acceleratio~ and the ri~ht to aesert in the foreclo~ure prw:ecdin~ the non-e:ietence ot a detault or any other defenae ot i3orrower to aoceleratioa and [orcclooure. lt the breach ie not cured o~ or t~efore the date epecified in the notice, l.ender at Lender'e option may declare all ot the eume secured by this Mortgage to be immediately due and pa~•able without furtherdemand and may forecloae thia Mortga~e by judicinl proceeding. Lender shall be ~•ntitled to collect i~ euch proceeding sU expenees of forectoaure. including, but not limited to. reatwnable attorney's fees. and ~•oe~te ot documentary evidence. abatracts and title reporta. :~. °a; : as:•c~'s R:gh. :v Re:::~es~~. ~ntu,:f hof anr~ino l.,~dpr•a Ar~leration of the aums eecured by this Mortgage. Borrowe~ ehall have the right to have any proc~eedings begun by Lender w enforce thia Mortgage diecontinued at any time prior to entry of a judgment e~forcing thia Mortgage if: (a) Burrower pays l.ender all aums which would be then due under thie Mortgage. the Note and notes eecuring ~ture Advances, if any, had no acceleratiun occurred; tb1 E3orrower curea all breachea of eny other covenante or agteements of Borrower contained in thia Mortgage; (c) E3orrower pays aU reaao~-able expenses incurred by l.ender in enforcing the covenant8 and agreementa of Borrower contained in thie Mortgage and in enforcing I~ender'a remedies as p~ovided in paragraph 18 hereof, including, but not limited to, reasonable ~-ttorney's feea; and ld> Borrower takea euch action as l.ender may reasonably reyuire to aesure that the lien of thia Mortgage, Lender'a interest in the Property and f3orrower'x obliqation to pay the sums secured by thia Mortgage ehall continue unimpaired. Upon auch payment and cure by E;orrower, this Mortgage and the obligatiuna secured hereby shall mmain in full force and effect aa if no occeleration had occurred. •l0_ Aaeignment ot Rente; Appointment of Receiver. As additional security hereunder, Borrower hereby asaigns t~ I.ender the rents ut the Property, provided that t3orrower ahall, prior to ucceleration under paragraph I S hereof or abandonment of the Property, have the right to collect and retain auch renta ae they become due and payable. Upon acceleration under parxgraph 18 hereof or abandonment of the Property, l.ender ehall be entitled to have a receiver appointed by a cv,urt to enter upon, take poeaeasion of and manage the Yroperty and to collect the rente of the Ptoperty, including thoee paet due. Al! rents collected by the receiver ahall be applied first to payment of the ooate of management of the Property and collection of rents, including, but not limited to, receiver'e feea, premiuma on receiver'e bonda and reasoneble attomey'e fees, and then to the sume secured by thie Mortgage. The receiver ehull be liable to acoount only for those rer.ts actually received. 'll. ~ture Advancee. Upon request by Borrower, Lender, at L.ender's option within twenty yeara from the date oithie Mortgage, mey inake Futum Advancea to F3o**ower. Such Future Advancea, with interret thereon, ehall be eecured by thie MortgaBe when evidenced by promissory notee atating that said notee are aecured hereby. At no time ehall the principal amount of the indebtednesa eecured by thia ~lortgage, not including aum~~Y~nced ir_ accordance herewith to protect the eecarity of lhis Mortgage, e:ceed the original amount of the tiote plus U.S_S tVUPI 'l2_ Release. Upon payment of all auma aecured by this Mortgage, Lender shall release this Mortgage without char(Ce to fiorrower. tiurrower shall pay alt coata of recordation. if any. which may be 23. Attorney's Fees. As uscd in this Mortgage and in the Note. "nttorney's feee" ahall include att~rney's [ees. if any, ,~w~arded by an appellate court. 1~ VN~Tyf:~~ Wt~f:kF.~-f'. Borrower has execuled this Mortgage. ~igned, sealed and delivered -n the presence of: / ~ , ~ ~ ~ t-.- . . .......~/... ..... ...,~/... . _ .... .~. ... '" ~ Witness ~~.. ... ..... ...... ... . . ... ............. ' WitnPSs . ~rtM14 .~ - . ~~i'L`~s~l~ ~v~! . . . . . . - - I RVINl3~R. THO , ~ ~ I~. ~ i~r.~~~~c~ ~- . - - : . . . . . .kt~~r c:•......--..........~ LINDA L. THOMAS STATF.I)FFLUKI(~tw . • - - . . . _St.. .LUC1~ . . . . . . . . . . . . . . . . . . . . . . . . . COURLy SS: ...... (seat) _ ~R,,.„ . . _ . . . ISeall - Fiurt~ ~+er I herebvi certify that on Lhis day, hefore ~r~e, an officer dulv authorized in the ~tate aforesaid and in the county aforesaid to taice acknowledKements, personally appeared . . .I R1lING . P. . THOMAS. apd .LINDA .L_. .THOMAS,. .his _w.ife., • - - • - ~ ~ - • . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the .................. the fureRoinK instrument and acknuwled~ed before me that . . . . . . :y - • • - • - • - • - - • execuied the same for the purpose there~n rxpregsed. ~~ . ~ . . . . . . . . . . . . . day of WITNESS my hand and ~o ~f ia! sweal ~i he county and state aforesaid this ..•-••••••-• ~i'//. .~C t~./ . . . . . . . . . . . . . . . . . 1 ~I . . ~~ ........................ - • " , • _ - , ~ . , ~-..,.~ .. ~ - ~ty ~~ommission expires: ~. . , - ~~L=~~e~ i:.~ _ . . . `~ ~~ (~,y.-~~ '~T ~ ~.~ . ` =•~l~if~ J ~ ~ ~ J ~~ ', ~! ~•^ ~i~ ~ ~ . ~ ---- --~^Z"'~~ ~ - ;' ~ r -. .'-..."...~~ - _ . Y. • l~ 1 . . :~al ~ _~ . ~L J ~ ~ - . ^ ~ ~ '< ~ _ _ ...._ . ~ _ _ ,~- ~. This Instrument'~repared by: Mary Platt-_----- __ First F ederal SavinKs and l.~-an Assnciat~on of Nort Pierce. Florida ~ ,'` ~• ~~ `1 r \ r . . . . ~ ~0~8n ~~Uh~IC ~pa~ e lSri~,u I hi. Lcrrr K~~... n rd F„r 1.rnA~ r and K~'eurdrn 13~i ~1;Z 27 ; :; 3~ ~ 9 ~,-`'~ f ~~~~~i'~..s i~~(•Gt"~' f'Cl i Rl.:i ---- --- c:r-.x~:~~_.~-c~~~ n . ~ n ~-.~f" :3:;~;: ~ ~ ~~~01~ --~'~~35~ F~lif1~'tO c ~,K ;; _~ , mJ '_~ _