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HomeMy WebLinkAbout2594 18. AccrlNrxtiu~; Nemedies. I~:scept as provided in psragraph l7 hereot. upun Borrower'~ breach ot ~tpr oovenant oe rgrerment of l3orrc-wer in thix Mortgnge. including the c~venaote~ to pay whendue aqy eume~ecured by thie Mort~age, Leader prior to accele~atio~ eh«ll meil notica+to E~rrower a~ pruvided in paragraph 14 hereof epecifyin~: (1) the breach;(2) the aMioa rryui~ed to cure euch b~rach;l3) s date. aot leea than 30 daye from the date the notice ie mailed to Borrower. by which ~uch t,reach muet be cured; and (4) that tailure to cure such breach on or before the date epecified in the ~otice may reault [n tirceleretion of the sume eecu~ed by thie Mortgage. forea~losure by judicial proeeeding and eale o[the Property. The notlce shall iurther inforn~ Borrower ot the ~ight to reinatate aRer acceleration and the right to a8aert in the [oreclosure proceedin~ the nun-exiatence of s default or any other detenae of Bor~ower to acceleration and torecloeure. !f the breach is ttot cu~ed on or tk~fore the date xpecified i~ the notice~ Lender at Le~der'e option mey declare all of the sum» secu~ed by thie Mortgage to be i mmediately due and payable without turther drmand and may forecluae this Mortgaqe by judiciel proceedi~g. Leader ehall be ~•ntitled'to coUect in auch proccrding all expenaes otforecloaure. including. but not limited to, reeaonablr attorney's feee. and ruste~ uf ducumentary evidence. abatracts snd title reparie. 19. Borrower'g Right to Reinetate. NotwithetandinR I.ender's acceleratiun of the suma secured by thie Mortgage, Borrower shall heve c he right to have any proceedinge bcy~un by l.ender to enforce thie Mortgage discontinued at any time prior to entry of a judgment enforcing chis Aiortgage if: (a) E3orrower pays I.ender all sums which would be then due under thie Mortgage,'the Note and notee eecuring F~ture :~dvanres, if any, had no ac:.eleration occ~rred; (b) Borrower cures alt breacheaof any othercovenants or agteemente of Borrowerconlained in thie Mortgage; (c) Borrower pays aU re~so~~able e:pensea incurred by I~ender in enforcing the covenanta and agreements of Borrower ~•untained in thia Mortguge and in enforcing Lender'a remedies ax provided in pata~aph 18 hereof, including, but not limited to, reasonable attorney's feea; and Id) Borrower takes auch action aa Lender may reuaonably require to aesure that the lien of thia Mortgage, Lender's intetest ~n the Property and Bormwer'a obligation to pay the sums Aecured by this Mortgage ahall continue unimpaired. Upon such paytnent and cure t»~ F3orrower, this Mortgage and the obli~ations secured hereby shall remain in full force and effect ae if no acceleration had occurn~d. Y0. Aseignment of Renta; Appointment of Receiver. As additional security hernunder, Borrower hereby aaeigne b l.ender the renta ~~ f the Property, pruvided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the Property, have the right t~~ cullect und retain such rents as they become due and payabie. Upon acceleration under paragraph 18 hereof or abandonment o~the Hroperty, Lender ehali be entided W have a receiver appointed by e :ti,uK to enter upon, take poasesaion of and manage the Property and to rnllect the renta of the Pn~perty, including thoee paet due. Al) rente ~ti,ilected by the receiver xhall be applied firet to payment of the coata of management of the Property and colleMion of renta, including, but not 1 imited to, receiver's feee, premiume on receiver's bonds and reasonable attomey'e fees, and then to the sume eecured by thia Mory~age. The rcreiver ahall be liable ta acoount only for thuae renta actusily received. 'l l. Ftitture Advancea. Upon request by Borrower, Lender, at Lender a option within twenty yeare from the date of thia Morigage, may ;nake Future Ad:~ancea to Borrower. Such Future Advancea, with intereat thereon, ahall be eecured by this Mortgage when evidenced by ,,n,miaeory notea atating that esid nates are aecured he~e}~y. At nn time "shall the principal amount of the indebtednesa secured by thi6 ~t~~rtgage, not including aums advanced i~ accordance herewith w pmtect the xecurity of thia Mortg: ge, e:ceed the original amount of the \nte p~UB U.S.s ~n° `>'l. Releaee. Upc,n payment of all eums eecured by this hlortgage, Lender shaH release this Mortgage without charge w Borrower. ~ i;~~rrower shall pay all rnats of recordation, ~f any. 23. Attorney'e Fees. As used in this Mort~Cage and in the Note. "attorney's fees" shatl include attorney's fees, if any, which may be .~.+arded by an appeliate couri. l~ «'ITtiE~~ V1'HF.REt-F. Korrower has exec~ted this Mortgage. tii~ned, sealed and delivered ~n the presence of: ~ ~ ~ ~~ ~ ~/ A . . _ . . . . . ~ . ~ . . . l . . . . . . . . . .!~,...~, . . . . . . . . . (Seal) ~ .... .:~.-r. .~1.:!~ .~. L 1 Witness N W. GUINT R -"M*°M~' f ,(~ I 1 . . . . . . . . . .~ . . ~ G . ., . . . . . . . . .•. ~ % ~!~-:~r . . ~!a-~-: ~-r.-- `. . . . ~eal) ~~ Witness DEBRA SWANSON GUINTER, a/k/a [?eborah -"""""` Swanson Guinter S rnTe c~t~ F i ~.,K~[-,~ . . . _ . $.t . . l-uC 1 e . . . . . . . . . . . . . • - - . . . . . . . . . . . . County ss: I hereb~~ ~ertify that on this day, before ir~e, an officer duly authorized in the state aforesaid and in the county aforesaid to t~~ke acknowledKements, personally appeared . ST~V~N_ W,. _GU.~.NT~R. .and .DE6f~A .SWANS,ON. .GU~NTER,. _a/k(a. _ .. ... ~eborah Swanson. _Gui_nter,. _his .wi. fe_, ...... , to me known to be ihe persvn(s) described in and who executed the ...............~- fore~oing instrument and acknc,wledged before me that ....tlley........... executed the same tor the purpose therein expressed. ~ W ITNES.S my hand and offic~al.~eal in the unty and state aforesaid this . . . • . . • - - - ~ • - - • • • • • - - • • • • • • • - day of ..............................~' ..~r:~-~.----~--... . ts.~~. / . , .~ .;t ..,.. : ,__ . :, - - -- ~Sy ~'ommission expires: - - ` , / - , ' _ '''. ' N, - - . _< <y- . . , ~ . //~ ~ L{// _ . ~w~A a~ ....~. • . ti . • . . . // f~~^~~Z 7 ~---'l~ ~C.~rr ~ ~ f~~~ . . . . . . . ~. . . .~r ~j~ ~ ~~~~-- •-. ~ ~•.~j, !~ `~ : ' ~ - ~ j; l6? \Ula~l' ~~U~~iC i ~~ ~ ~"~ H ' . -1 - ., ' ~' •- ' ~~j~•t~ . li.:~ra T^~• l.fr.r N.r<~ •~ .'d Fu~ L~ ndrr and Krv ~,r<!vn . -- ~ ,~ ~j . - _ ~ ~ ~ ~ ~ ,, :, .sH 3 ~ :~ :~ . , .~ _ ~ fhis Instrument Yrepared by: STeve D~_____ First Federal Savin~s and laan Association of Fort Pierce. F'lorida :i:i:;:,(- ~ ~; ~~ 351 ~~~~E25~0 1981 HnR 3 I °!' 3~ ~ s F~Zt [ tNC c: r;:l ?; ;: ',' l C~!{ :~'JY i Y.F 1~ i+CG:R P~~~; R~~ t..: ~'', C{~~~'; C:::'''~ ,:.:. ~_ S~r~I~ ~ ~.~ .