HomeMy WebLinkAbout1748!8. Ace~•leretlun; Remc~cii~:e. l:aeept Ne pruvidtd in psragraph 17 hereot, upoa Borrower'~ breach ot any oovrnant or
agrcrmeat uf Borrower in thie Mortkagr. including the ro~°e~~ants ta, pay when due ~ay suu~ssi~cur:-d by this MurtQa~e.l.ender
prior to acceteratio~ ehall mail n~~tire to Hurru~Nr e~ pruvide~c! io paragreph 14hereofapecifving: il)thebra.~ch;12) thractiun
rcquired to cure auch breach; (3) a date. not lra» Ihan 3Q dayx from the date the notiee b~aalled to I3orruwer. by whieh ~ueh
breach rnuet be curcd; and f~i1 thut failu~P to cure euch breach un or bafo~e the dete ~perified i~ the noUoe ra~y r~ult in
acceleration oithe sums eecured by thia Mortgage. toreclosum by judicisl procc~eding and eale otthe ~'roprrty. The notice aheU
fuHher laCorm Borruwer of the right to reinetxle aRer acceleration and the ri~ht W aeeert In the [oreclw~ure procecdit~a the
nu~-eziete~ce of a default or any uthe~ defenese ot t3urr~wer to eceelerxtion and foreclosure. It the breach ie not ~~ured op or
t-efore the date epecified in the nutece. Lcnder at Le~der's optium m~y declare eU ot the aums gecured by thie Mortga~e to be
immediutely due add payable without further demand aud mey for4Yluea this 11lortgage by judicial proceeding. l.ender shsll be
.•nlitted to collect in auch proca~cdinK aU exEx nsen of toreclusu~e. including, but not limited to. reagunnble attcirney'e fees. and
~•o~te utdocumentery evidrnce. abKtracta and title reporte,
19. Borruwer's Right to Reinatate. Notwithatnnding I.endei a acceleration of the eums eecured by thia Mortgage, Borwwer ahall have
.~.. ;..-.. . a._-• ~=--K- ~-~ y tK K ~ P ~ 1 f~enl rnforc~ng
_~,.~ :a ,.::: ~ ar,3 Nr;,ca:cu:u a ur •~~~ u ix~i:it. ia; riii'ui~t~ ttiiri l~ui " b r u-acun~inueci at any ume r~or to ent of a uct
thia Mortgage if: (a1 Born,we~ paye Lender ail suma which wuuld be then due under thie Mort{~age. the Note and notee Brruring H~tute
^.dva.~ces, if uny, had no acceleratiun uccurrrd;lb) Borruwer cures all breachee~ of any uther covenents or agteemente uf Borruwer conLnincd 'u~
this Morigage; (c1 Sorrower paya ~Il rei~xuuable rxpenxee- in~vrred by Lender in enforcing the covenania snd ag~eement8 of BotroweT
cuntained in thiA Mort~aKe and in enforcing I.e~der's remrdies aa provideci in paragrap4 18 herrof, including, but no! limited to, reaaonuble
attorney'e feea; and td) ~mwer Wkexxuch setion a.g l~nder may reasenably require to aesure that the lien of thie Mortgage, Lender's interest
in +he Properiy and fiurrower's obligation to pay the aums secured by thia Mortgage shall continue unimpaired. Upun such payment aud cure
by F3urrower, this Mortk•~ge ~nd the obiig~tiuns e~ecured Aerehy Khall mmain in F.-I! f~rce and effect as if na acceleration had occurred.
'L(1. Aasignm~nt r~f Rents; Appoit~tmeni uf Receiver. As additionu! security hereunder, l3or[~,r-er hereby seaigne to [.ender therenta
of the Property, proti~ded that I3~irn~vier shcill, prior w acc~lerution under paregruph !ri hereof or abundonment of the Property,~ave the right
~a coitPct and retain such rentb as they become due anc! payahle.
i~'pcn acceleratiun under parngraph 18 herenf or aibundonment uf the F'roperiy, Lender bhal! be entitled to have a receiver appointcd by e
~y>uK to enter-upon, take ~.w~ssession of and munage the E'raperty and to colicrt the renia of lhe Property, including those paet due. Al) rente
coll~cted by the rn,-eiver shall be appiied firxt #o payment af the costa of management of the Property and rnllection of tente, including, but not
!imiced to, receiver'e fres, premiuma on receiver's bonds and reasonable attomey's fees, and then to the aume secured by this Mortgage.'!~e
receiver xhalt br iiet+ie to s~a~unt only for th~e mnts actuaily received.
'll. h`utore Advancee. 1?p~n requeet by F3urrower, Lender, at Lender'a option within ewenty yeam from the date of thie Mortgage, may
ma~Ce Future Advancee W Rorrawer. Such Future Ad~ances, with intereat thereon, ahall be secured by thie Mortgage when evideneed by
~.•romi~.4ory notea e~tnting thai eaid notes are aecur~! hereby. A! no time nhall the principal amount af the indebtednese ~ecured by thie
~'•ort~,~ge, nut includiQ~,aums qdvanazd in nccordan~~ here.vith to protect the security of ihis Murtgage, eaceed the original amonni ot the
tiotw plu$ U.S.S__ Djl~'1t --- ----_.____------.---
'l`L: Release. Upon payment af a!! ~ums ~ured by this MortKaKe, I.ender shall reiease this Mortqage without charge to Eiorrower.
~~:~rrvtiver snail gatr all cruste uf rK•ordation. if any.
73. AttnrKey're Feea. Ay uss~ in :hi.~ 1~urigage and in the :~ote, "atiornry's fees" ehall inrlude attorney'e teea. if any, which may be
.~waru'ai by an appeliatr cc~rt.
Ix ~ilT:~E~S \'1'Ht:HF:t-~~. ~ormwer has exerilted thix ~1nrt~~Ke.
~igned, sealed and:~elivered
=n thc preaencr af. _ , ~ ~
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~ = - . ; ~ -_ . . . . i /t .:T: t . . . t `~"vf !~ ~- ~-" ~-E `-~t~-. ~,~L~ ~~s!~~(Seal)
.... _ ._.... ...;:._.._ ~, :~
- - ----~ ~ V~ijtne~s `~J~~~S ,GR~GORY ~ J~~ _ A~m.+~e1
` ~'~ .GJ'..''`/- ~' .Z~-~~ '~ = ~L./'Lt~:~ry,-~.-.~'~' ',; l~:`:k'/-!l. ~:~ ...... (Seali
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`~ ~'~ _ ~~ - j~'~ Wit[]PSS GEld~VIEYE JACK~ON ~ ,t
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STATF i;F f~ ;_~tx:i~~ - - - - ~ ~t•. _LUCi ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . C'ounty s~:
I}tetevy certif~ ihat un #his ~a~, be~vre rr~~, an nftire* duh <suth.~rized ir the state afnr~a:~ ~~nd in theea~nty~for~flidto
!uke acknoti:led~ementr~. persc;nalty ap~wared _ J t~~~. GREGO~Y _JACKSQ~~..~nd. G~t~~.i(I~.~E..~ACKSQi~,_.~15 .Wi.fQ.,
. . . . . . . . . . . . . . • - - . . . . . . _ . . - - • - • • - - • - - . . . . . . . . . . . . . . . , .n me known to i~ tn~ Y~r~3r.;s# ~cYCril~ed in and whc• executecl the
foreKoinK instrument a_~~i ac3:r,ur~le~~e~~ hrfc.re rr;e that .theY . ..... ..... .. exerutc~d the same for the purpose therein
esare::.ct~.:. -, X1~
WiTtiE3S m~• hand :~nd ~>ffici,-~l seal in he ~ount~• and state aforei,aid thia . . . . . . . . . ~~_~ . . . :. . . . . . . . . . . . . . . . day of
._~'~ ~ ~ y, ~
....................... ..~- /- -.c1_:.~..J ......._....._. . ~.a.:.,.--
~ty (bmmission expires: ~~~ry -y~iK, St,~te ot Fiorid~ +R Irp~
' r, My Coin~iaio~ bP'K Mn~. 16. 1982
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fhis lnstrument Yrepared by:
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l'~...~.C .. -~-- . /'~- ` ~ r~/~`'~~.~- -~c_y J . _.
\oiarR F'uF>i!t/
'ti~~m ~ Il. (.~t. I~.~. l.ir.~ k~.v.i rd f'•~• Lrnd~. and Kr~.,.drri
19~1 N"~ 27 ~: ~ ro
~h~mas H. Henson
I~ irst Federal 5avinqs and [.van
Associati~~n of E~'ort t'ierce, Florida :~:tl:~(1
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