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Home My WebLink About29371t1. Acceleretion; Remediee. txcrpt ae pruvided in paragraph 1~ hereot. upon Borrower'~ breaeL of any oove~ant or xgreement uf Borrower in thie Mortgage. including the covenante to pay when due any ~ums ~ecured by thi~ Mortae~e. Leader prior to accelerattoa ehall mail ~utice to ~3orruwer ae p~ovided i~ paragraph 14 hereot~pecityin~: (1) the breach;(2) the sction required to cure such breach; l3) a date. not lexa than 30 duya t~om the dete the notice i~ mailed to Borrower. by which ~uch breach muet be curcd; and Id) that failure to cure euch breach on or be[ore the date ~pecitied in the notice mey result in acceleration otthe eume secured by thie Mort~age. foreclueure by judicial proceedin~ and saleof the Property. The notice rhaU further infor.u Borrower ot the right to rei~etate aRer acceleretion and the ritht to essert in the [orecloaure proceeding the non-exiete~ce of a detaull or any other defense of i3orrower to acceleration aad [oreclosure. It the breach is not cured oa or tx fore the date epecified in the notice. Lender et I.ender'e option may declare all ott6e sume ee~.wred by this Mortga~e to be immediately due and payable without turthe~demand and mey forecloee this Mortga~e by judicial proceeding. Lender ehall be entitled to colleet i~ such proceeding all expenees of foreclosure. including. but ~ot limited to. reaaonable attorney'e tees. aad ~•oete of documeotary evidence. abatracta and title reporte. 19. Boerower's Right to Reinatate. Notwithatanding l~ender'e acceleration otthe eume secured by thie Mortgage, Rorrower shali have the right to have any pTOCE.rdi~ge begun by l.ende~ to eniorce thia Mortgage diecontinued at any time prior to enlry of a jud~ment enforcing thie Mortgage it: (a) Borrower paye l.ender aU suma which would be then due under this Mortgage, the Note and notee aecuring fl~ture Advuncee, if any, had no acceleratior. ; rcurred; (b) E3orrower curea all breachee of any other covenants or agreements of Borrower contained in thia Morigage; (c) &,rrower paya all reaeuuable e:penses incurred by I.ender in enforcing the covenants and agreements of Horrower cv~ntained in this Mortgage and in enforcing [.ender's remedies as provided in paragraph 18 hereoi, including, but not limited to, reaeonable attorney'e feee; aad ld) I3~rrower takee auch uction as l.ender may rnaaonably require to aseurethat the lien of thia Mortgage, Lende~ e interest in the Property and Borrower'a obligation to pay the auma aecured by this Mortgage shall continue unimpaired. Upon quch payment and cure by Horrower, this 111ortgage and the obligations eecured hernby ehall remain in full force and effect ae if no acceleration had occarred_ 20. Aseignment ot Rente; Appointment o[ Receiver. Aa additional eecurity hereunder, Borrower hemby aeaigna to Lender the rents uf the Property, provided that Rorrower ahall, prior to acceleration under paraqraph !8 hermf or abandonment of the Property, have the right to collect and retain such renta as they become due and payable. Upon acceleration under paragraph l8 hereof or abandonment of the Property, l.ender ahall be entitled to have e receiver appointed by a court to enter upon, take poeaesaiun of and manage lhe Property ana to coUect the rente of the Ptoperty, including thoee paat due. All nnfs collected by the receiver ehull be applied 6rat to payment ot the rnste of management of the Property and collection of renta, including, but not limited to, receiver's fees, premiume on receiver'e bo~da and reasonable attorney'e fees, and then to the eums eecured by thia Mortgage_ The receiver ahall be liable to acoount only for thoae rents actuaUy received. 'll. Ftiture Advances. llpon request by Borrower, I.ender, at Lendei a option within twenty years from the date otthie Mottgage, may make Future Advancea to Borrower. Such Future Advances, with interret thereon, shall be secured by this Mortgage when evidenced by promiasory notes eteting that said notee are securrd hereby. At no time shall the principal amount of the indebtedneea eecured by thia Mori~age, not including surpq~g~.vanced in aceordance herewith to protec: the security ot this Mortgage, e:ceed the original amount of the tiote plus U.S.S ~'IUIYt 'l2 Release. Upon payment of all auma secured by this Mortgage, Lender ahall releaae this Mortgage without charge to Borrower. ii„rrower ahall pay afl coate of recordation. if any. 23. Attorney'e Fees. As ueed in this MortKage and in the Notr. "attorney's fees" ehall include attomey's fees, if any, which may be ~+warded by an appellate court. _ Iti WtTtvE~~ WHF.RF.c-F. Iiorrower has executed this MortRage. tiigned, aealecl and delivered i n the preaence of: ~ ~~ . . . . . /~~r. . . . . . iC-: . .. . 4y /. . . . ~ /~~~ Witness w ~/~ ...............~...~... .................... ....... Witness ~C~~JnuA~' . !~ . ViN---- . . . . . . . . . . . . . . . . . . . . . (Seal) SIl N•IfU\ L.• VINSON -Fbni.r~ . i.~I'~C ?.t.~,..r . . ~ ._ ~ ~-~:'a+,~. . . . . . . . . _ . . (Seal) ATHERINE E: VINSON -~~R~.rH ~TATE ()FI'~1.()KII)r* . _ . . .St.. .4~1C1e . . . . . . . . . . . . . . . . . . . . . . . . . . . . LOU[lt~t sS: I hereby certify that on this day, befnre rr,e, an officer duly authr~riced in the state aforesaid and in the county aforesaid to take acknowledqements, peraonally appeared.....SHERMAN..I,,..1lIKSON.and. KATHERINE..E...VINSON._.his..~-i.fe., . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . t~, me known to be the personls) described in and w ho executed the forekoinK instrument and acknuwledKed before me that .._.~hQy. ..._....... executed the same for the purpose therein expressc~d. ?~ =~ WITNESS my hand and o~f~al seal i/~ ,~he county ar.d state aforesaid thi~s . . . . . . . . . ~! . . . . . . . . . . . . . . . . . . . . . day of . . . . . . . . . . . . . . . . . . . . . . . . . . . ~~i ~ ~-Lc.~'~FJ. . . . . . . . . . . . . . . . . 19: ~ .. , ~ty Comm+s~ion expires: ~+~1~ h~. St~te of Fiwid~ ~t L~rqe `~~:- J~~I~~ ~ ~" f~. Mr Commissiw~ Eipires Nor. 16, 1982 /./ ~ ~~ , ~ ~ - 6~'.i~ii -~~~{ ~~ . ~'1~~ .,~ loweM ~r w~nc.w (.n • C•:...~~. G~_w .,~ (~/ ~-~ ~~~.rL<~ .. ~/~ ~fij -J. . _ _ . . ~• ~" "° -y~~~ \otan' 1'ubl ~4 i, x~~~~~~~ • • : ~i~- i. ~'' : ., .. _ _ ~~"^.s~'~' y _ .._ . ;9 •~L~L ; ;•:~`; :- .~: ~ ~~ ~~~~•f'` ~t ~~I. ~ ~r~^~~ ~~ .\~ ~ 4~ . ~r . This Instrument Prepared by: Gary Ellwood ~.1pui. 1Sri,~u T~:, l.~nr Kr.r.~ rd F,~r /.~ nd~'r anA Kvie~rA~•i~ Firat Federal SavinKs and I.oan Association of F'ort Pierce, Flurida :i:i4:~0 19~1 ~'Z - I P~~ 3~ 46 ~~tEC~nt ~rCU=ii:: S! t';C,f '. r..vT'%.i ~ .: P: •G `.:' i ~~ ~ i "? : 5 f~C; K Cli ~•:~1 Cf_lFi ~ ~: r ~ ~ 5~2E;~4 e :, ~ 351 ~a~E 2~~32 ~