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Home My WebLink About298218. Acceleration: Nemediee. kxcept ae provided in para~raph 17 hereof. upon Borrower'~ breach of any oovenant or agreement of Borrower in this Mortgage. including the covenantu to pa= whea due any ~um~ serured by thie MoslQa~e. Lender urior to ecceleratiun ehall msI! notice to Borrower ua provided ln para~~eph 14 hereotspecltyinQ: (1)the breach; (2) the action rryuired to curE euch breach; (3) a date. not lee-e thao 30 duye tfom the date the notlce ia malled to Borrower. by which ~uch 1~reach muet be cured; and (4) that tailur@ to cure such breach on o~ before the date ~pecitic+d ia the notice m~y result ir~ t-cceleration of the euma eecured by this Mort~aQe. foreclo.uw by judicial proceedin~ and saleotthe Property.The nodce shall further in[orm Iiorrower of the ri~ht to reinetate atter acceleratioa and the rlght to uaert in the toreclooure proceedin~ the non-exletence of s default or any other detenee ot Borwwer to aoceleration and forecloeure.lf the breach is not cured oa or tk~fore the date epecified in the notice. l.ende~ et Lender'~ optio~ muy declare sll o! the suma eecured by this Mortgage b be i mmediately due and payable without turther demand and may [oreclose thi. Mort~a~e by judicial proceedin~. Lender ahall be ~~nt itled to collect i~ euch proceeding all expenees ot forecloaure, includlnQ. but not liaafted to, reasonable attorney'e fees, and ~•uecte of doeumentary evidence. abetraets and title reporie. l9. Borrower'e Right to Reinetate. Notwithstandi~g l.ender'e accele~etion of the aume secured by thia Mortgage, Borrower ehall have the right to have any proceedioga begun by I.ender to enforce thia Mortgage diacontinued at a~y time prior to entry of a judgment enforcing this Mortgage if; (a) Borrower pays Lender all suma which would be then due under this Mortgage, the Note and notee aecuring F~-ture :ldvances, if any, hed no acceleration occuRed; (b) Borrower curea aU breachea of any other covenanta or agreements of Borrower contained in this Mortgage; (c) Borrower paye all reaaoi~able e:pensea incurred by l.ender in enforcing the covenants and agreemenfs of Borrower .Y~ntained in thie Mortgage and in enforcing l.ender's mmediee aa provided in paragraph 18 hereof, including, but not limited to. reasonabla attorney's [eea; and (d- Borrowertakea euch action as I.ender may reasonably require to aeaure that the lien of this Mortgege, l.ender's interest i n the Property and Borrower'a obligation to pay the aume secured bp thia Mortgage ehall continue unimpaired. Upon euch payment and cun by Borrov-er. this Mortgage and the obligationa secured hereby ahall remain in full force and effect as if no acceleration had occvrred. 20. Aesignment ot Rents: Appointment of Receiver. Aa additional securit; hereunder, Borrower hereby aseigos to I.ender the renta r~f the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the Property, have the right tu collect and retain each rente aa they become due and payable. Upon acceleration under paragraph 18 hereof or abandonme~t of the ~roperty, Lender shall be entitled to have a reoeiver appointed by a ~Y~urt to enter~pon, take poeaeaeion of and manage the Property and to collect the renta of the Property, including thoee paet due. All rente ~vllected by the receiver ahall be applied firet to payment of the coete of management of *_he Property and rnllection of rents, including, but not limited to, receiver'a fees, premiume on receiver'e bonda and reasonable attorney'e fees, and then to the eums eecured by thie Mortgage. The receiver shall be liable to acoount only for thoae renta actually received_ 'll. Fl~ture Advancee. Upon request by Borrower, Lender, at Lender's option within twenty yearn from the date of thia Mortgage, may make Future Advances to Borrower. Such Future Advancex, with intereat thereon, ahall be eecured by thia Mortgage when evidenced by prumieaory notea st;ting that eaid notea are secured hereby. At no time shatl the principal amount of the indebtednees ee..~ured by thie l1~~rtgage, not includir~Osnema advanced in accordance herewith to prutect the eecurity of this Mortgage, exceed the original amount of the ti ~,ce plue U.S.S (r - 'l2 Releaee. Upon payment of all aums aecured by this Mortgage, Lender sha11 releaae this Mortgage without charge to Borrower. lt~~rrower ahall pay all cuata of recordation, if any. ?3. Attorney'e Fees. As uaed in this Mortgage and in the Note, "attorney'e fees" ehall include attorney'a feea, if any, which may be ~warded by an appellate court. I~ W~T:~t:titi W~~~ Kec~t. Korrower has executed this h'lortgage. tiigned, sealed and delivered i n the preaence of: , . :!~?{'~~-G.-~. l~!. . . . . . _t .~-~ . . . . . W~tness . t . . ~t:'1'~ : . . ~. :~~C/~ . . . . . . . . . . . . . . . . ~ Witness l /> ~ . 4- st'~'~ ~ . JCL~cX~C~l. ~j~ . . . . . . . . . . . (Seal) C arence ~E. Paule ~Or. -~rt~w~- Y~ . . . ~Q?4~?L~ . ~ (.~4G~e . . . . . . . . . . . (Seal) ~Sandra L. Pauley ~ -~R~~-n s~ra~ee c~} E~ ~.~~R~n~ . . .. . . . _ . St. . Lucie . . . . . . . . . . . . . . . . . . . . . . . County ss: [ hereby certify that on this day, before rr~e, an officer duly authorized in the state aforesaid and in the county aforesaid to take ~ck nowledgements, personally appea~ed . . _ . . C~ arenCe E , . Pa ul ey., . Jr . _ and. .$an~r~ . ~„ . Pau 1_ey.> . b i.s . . . . W1 fE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tc- me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ...._..thGy[ ........ executed the same for the purpose therein exDress~.. ,, 1 S t -yltp'~NESS`'tpy hand and offici 1 seal in the county and state atoresaid this . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . day of ,~::.. ~~. .~.- : ~~,;. . . .. . . . . . . . . . . .~pri 1 . . . . . . . . . . . . . . . . . . . , iy. 81. .. . ~biy Gof` issina~n'~it~ires: tia r P,;~~ r ~,. !.-„ ~ l '~ ~ :a ~r ..uc. S:3te ~ i'. ~ . - .. ..:• . ~'~ ~ ,~C~ ~ ~r, ~~i b1y Co:r.m~ oa c~;,:r~s .'~.; .,L. ii~•• !. ~~L:. :,f • ~)= ~ ~.-.~.. _ , , ~ .. ~. . y ~". ~ a . • A \otary. f'ubLc ~'+?F - /t -----" =~~~ -r -- ~~ _ _ _ _ . _- --- - ~~E.arr Hrluu lh~• Ltn~ H:..rr~ vd f,n /.rndvr and H~~urArn ~22EiyU This Instrument Yrepared by: Thomas fl. Nenson F irst Federal SavinKs and I,~~an Association of Fort Pierce, Florida :t:i4:~t) ~::':K 35~ ~~~~ 297? ~J~i ~rr~ ~ ~ ~Ji ~ O' 'iisi Lti(~~f~i•.~[~ ti ~!~~'f.lt r~~i~•~.il:. i!c G: f~ i~ ;r?.r.; 5 cl:~~ :;ft;.:. `'~F•.;1 v ' gkl _ `xi