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18. Acceleration; Remedies. F::cept se provided in paragraph 1? hereot. upon 6ortower'~ breach ot sny oovenant or
++grerment ot Borrower in thiw Mortgage. Includin~ the covenanta to pay when due ar~r wmt~ecured by this Mort~aQe. Lender
i,riur to scceleration ehall mall notice to Nor~ower ae provided in paragreph 24 hereof epecityin~: (1) the breach; (2) the actioa
reyuired to cure euch breach: (3) a date. aot leos than 30 days hom the dete the notice Is malled to Borrnwer, by which ~uch
t-reach muet be cured; and (4) that feilure to cure euch breach on or be[ore the date specified in the notice may result in
t~rceleratio~ of the eume gecu~ed by thia Mortgage. lorecloaure by judicisl proceedln~ and rale of lhe Property. The notice ~hall
further in[orm Borrower ot the right to reinatate after acceleratlon and the ri~hht to assert in the foreclwure proceedin~ the
non-e:iatence of e de[eult or any other defenee of Borrower to sceeleration and torecloaure. lf the brench is not cured on or
1rt•fore the date specified in the notice. l.ender at l.ender's optton may declare sll o~ the eume eecured by this Mortgage to be
i mmediately due and payable without further demend and mey toreclc~ae thie Mortga~e by judicial proceeding. Lender shall be
.•ntitlcd to collect in auch proceeding all expenaee of foreclcu~ure, including, but not limited to, rea8onable attorney's fees. and
~•~~wte of documentary evideace. abatract8 and title teporte. .
19. Borrower'e Night to Reinstate. Notwithstanding l.ende~ a acceleration of the euane secured by thia Mortgage, Borrower ehal; have
the right to have any pra~eedinge begun by l,ender to enforce thia Mortgage diacontinued at any time prior to entry of a judgment enforcing
thia Mortgage if; (a) Borrower paye l.ender all aums which would be then due under thie Mortgage, the Note and notea eecuring F~ture
:~civances, if any, had no acceleration occurred; (b) I3orrower cures al l breacheu of any other covenants or agreemenLs of Borrower contained in
thia Mortgage; (c) Borrower paye all reasonable expenaes incurred by Lender in enforcing the rnvenants and agreeme~ts of Borrower
~Y,ntained in thie Mortgage and in enforcing l.ender'e remediee se provided in paragraph 18 hereof, including, but not limited to, reaeonable
~, ttomey's feea; and td) E3orrower takes such action as l.ender may reaeonably require to aaeure that the lien of thie Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the euma secured by this Mortgage ehell continue unimpaired. Upon euch payment and cure
by Eiorrower, this Mortgage and the obligatiune aecured hereby sha11 remain in full force and effect se if no acceleratinn had occurred.
20. Aeeignment of Rente; Appointment of Receiver. As additional eecurity hereunder, Borrower hereby aeaigna b Lender the rents
~~f the Property, provided that Borrower shnll, prior to ecceleration under paragraph 18 hereof or abandonment of the Property, have the right
t~~ collect and retain auch renta ae they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender ahal) be entided to have a receiver appointed by a
rourt to enter-upon, take poaseseion of and manage the Property and to rnllect the rente of the Property, induding thoee past due. All rents
~Y~llected by the receiver ahall be applied firat to payment of the eoate of management of the Property and rnlleetion of tents, including, but not
limited to, receiver'e fees, premiuma on receiver'e bonds and reasonable attorney a feeB, and then to the eume eecured by this Mortgage. The
rcreiver shal) be liable to acrnunt only for those rnnte~ actually received.
'll. ~ture Advancee. Upon requeat by Borrower, l.ender, at Lender's option within twenty yeare from the daLe of this Mortgage, may
tnake Future Advancee to Borrower. Such Future Advances, with interret thereon, ehall be eecured by thie Mortgage when evidenced by
~~r~~mieaory notes etating that eaid notre are aecured hereby. At no time eha11'tt~~ principal amount of the indebtedneee eecured by thie
~t~ ~rtgage, not includir~,~q~a advanced in accordance herewith to protect the aecurity of this Mortgage, exceed the original amount ot the
ti~~te plue U.S.= ~VUIY
'22 Releaee. Upon payment of all aums securrd by thie hlortgage. Lender shall mleaee this Mortgage without charge to Borrower.
f~~,rrower ehall pay all coste of recordation, if any.
23. Attorney's Feee. As used in this Murtqage and in the Note, "attorney's fees" shall include attorney'e fees, if any, which may be
~..xrded by an appetlate court.
t~ WITNEtiS K'HF.KF.oF. Rorrower has executed this Mortgaqe.
~i~ned, sealed and delivered
~ n :he preaence of:
~ i
~ ~~ 1 `~ ~ - .l~_ ~
. . . /. ..~C . .-. . . . . . . . _ . : ~ . . . . . . . . . . .G~v~-. . ~,.~. . . ~ . . . . . . . . . . . . . . . . . (Seal)
Witness DAVID Del GATTO, a single adult -"""°'~"
..... .... .. ..................... ... ......•--.....................................(Seal)
Witness - ~R~.-~*
1'CATF. (/FE' I.UHIU~ .. . .. . . . . . . . . 5~,.. ~:UG7~.. .. . . .. .. .. _ . .. . .. ('ounty ss: .
I hereby certify that on this day, before ir~e, an officer duly authurized in the siair uf~rre,aid and in the county aforesaid to
t~~ke acknow~ledqements, personally appeared . . DdYI ci . R~~ . .Gdt_t0.,. .d. .S 7 Rq~ ~ . dS~U~ ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... . . . . . . . .. . . to me known to be the person(s) described in and who executed the
foreKoinq instrumeM and acknowledged before me that . . . . _ . . ~le. . _ . . . . . . . executed the same for the purpose therein
expressed. - _ -z ~
WITI`E4S my hand andAfficial se~Yin lhe county and state aforesaid this . .~_ . . . . ~!l . . . . . . . . . . . . . . . . . . . .. . day of
. . . . . ... T . .. .. . . . . . . ..:'~>.~~ -~Zc.,G~7.. .. .. .. .. . . . . . . . .. , ~s.~ ./..
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~1y ('omr~iSSio~ expires: ~' ` ' - -•. • ~?. .' '- -` ~ ,; ,
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'Chis Instrument Prepared by:
Jerr~ G._Li trento
First Federal 5avinKs and [.oan
Association of F'ort Pierce, Fi~irida :t:3~hU
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