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Home My WebLink About0926 18. Acceleration; Remedies. Exoept aa providod In paraQraph 17 bereot. upoa Botrower'~ breach ot aay ooveaaat oe a~treement o! Borrower in thi~ A[ort~a~e. includinQ tbe ooven~ta to pyr wbea dae an~r swa~a ~ecured by tbja Mort~a~e, l.eader pr'ior t~o aoceleratio~ shall mail notice to Bon~ower a~ provided in pua~r~ph 14 hereot~pecitytn~: (1) the bre~cl~; (Z) the actioo requlred w cur~ such breach; (3) a dwte. aot lew than 30 dal~~ hou? the date the aotice is malled to Bore~ower. by whkh ~uch breach mus~ be cured; aad (4) that taUure W cure ~uch bre~ch oA or before t6e date ~pociAed In tbe aotios may result in acoeleretloa ot the aums oecured by tbio Moet~ase. [oreclosure by )udlcial proceedla~ aad ~ale of the Property. T6e aotloe ~hall turther iafona Borrower of the ri~ht to reip~twee alter ~coeleratioa wd the ri~ht to as~ert ta tbe foreclwure proceedin~ tbe non-existenoe o! a default or any other defense ot Borwwer to aoceleratioa Rad toreclwure. I! the brewch b aot cured oa or before the date specifled in the aotice. Lender at Leader'~ optloa me~1~ declare all ottbe ~uau secured by thb MoK~~e b be i mmediately due aad payable without further demand and may [oreclwe tbls Mort~a~e by judlcial prooeedia~. Lender ~hall be entitled to collect In such proceeding eU espeneee of [orecloeure, includin~, but not timited to. reasoaable attoraey'~ feea. wd costs of documentary evidence, ebstracta and title reporta. 19. Borrower'~ Right to Reiaatate. Notwithstanding Lendefs acceleration of the sums secured by thii Mortgage. Borrower shaU have the right to heve any prooeedings begun by Lender to enforce thie Mortgage dircontinued at any time prior b eatry of a judgment eaforcing this Mortgage i! (a) $orrower pays Lender ell sums which would be then due uader thia Mort~eQe. the Note and notes aecuring FLture Advance~, if any, had no aoceleration occurred; (b) Borrower curee all bnaches of any other covenanN or a~reemeats of Borrower contained in thia Mortgage; (c) Borrower pays all reasaiable expenees incurred by Lender in enforcing the ooveaaat~ and agreement~ of Borrowrer contained in this Mortgage and in enforcing Lender'a temediee as provided in paragraph 18 hereof. including, but not limited to, reasonabls attorney's feea; and ld) Borrower takee such action ae L.ender may reaso~ably requin to assure that the li~? of this Mortgage, Lendei s iatered in the Property and Borrower'a obligation to pay the sums secured by thia Mortgage shall oontinue unimpaired. Upon such paymeat aad cure by Borro~ver. this Morigage and the obligations eecured hereby shall remain in tuU foroe and e~fiect ae if no acceleratioa had ocrurred. 20. Assignment ot Rents; Appointment ot Receiver. As additionel eecurity hereunder, Borrower hereby assign~ to I.eader the rent~ of the Property, ~rovided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandonment of the Property. have 1he right to collect and retaih auch rents as they become due and payable. ' Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shall be eatided to have a reoeiver appointed by a court to enter~pon. take poeeession of and manage the Property and to collect the nnts of the Property, including thoee pest due. All rcnts coUected by the receiver shall be applied fuat to payment of ths ~osta of management of the Property and oollection of renta. includin~, bnt not limited to, receiver's fe~, premiuma on receiver's bonds and reasonable attorney's fces, and then to the aums secored by this Mottgage. The receiver shall be liable to acoount only for thoee renta actually r~ceived. 21. Phture Advances. Upon request by Borrower. L.ender, at Lender s option within twenty years from the date of this Mortgage. may :.L .~.vi~ ?....,.,..~..1 M? thi. Mortaaae when evidenoed by make Huture Advances w t3orrower. ~uci? rusure i+dva,.~. ~......,K.W. M14t4v~~~ o..~.. Mortgege, not in 1 d ng suthat advanoed in aocordance herewith to p tect theUsceuritY of this MortgaBe eticeed the onnB~nel smonnt of the Note plus U.S.= nOne _ 22. Release. Upon payment of all aums eecured by this Mortgage, Lender shall release this Mortgage without charge to Borrower• Borrower shall pay all rnete of recordation, if any. 23. Att~rney'e Feee. As ueed in thie Morigage and in the Note, "attorney's feee" ehall include attomey's feee, if any, which may be awarded by an appellate rnurt. lti WITNES.S WHERF.OF. Borrower has executed this Mortgage. ~ ~igned. eealed and delivered ~ ~ i n the preaence of: ~ . . . . . ~ . . . . ~Q-. . . . G?-t . . . . . _ . . . . ' . : ~~'-.',7'?~ . . . . . . . . . . . . . . . . . csea~> J`%`~~ ~ cot E. S i e e 1 Witn 9 ~ ~ ..............................................(sea~l> Witness -x~,~.K I j'CATEuFFiARiDt~. ~t. ~UCIQ ~Ol!llt~ Q9: I I hereby certify that on this day, before rr~e, an officer duly authorized in the atate aforesaid and in the county aforesaid to ~ take acknowledgementa, pe~o~ally aP~ar~d . . . SCot. . .E...S7 ~ge1., . a . single. adutt . . . . . . . . . . . . . . . . . . . . . . . . . . i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person;a) described in and who executed the ~ foregoing instrument and acknowledged before me that . . . . he . . . . . . . . . . . . . executed the same for the purpose therein ~ expresaed. ~ 1A?ITN~SS mv hand offici~?1 seal in the county and state aforeaaid thie . . . . - • • • • • • • • • • • • • • • - • • • - • - • day of ~ :~..::.;........G~y~' . 19_$1.... . ~,+i. 1 , _ tty Coiri.n~ es: ~ ~ ~iLl~ ~ ~%'~~G K ~ ' • ~ ' ' . ~ , y 1 tr - -.%/I!Mr!!~~. . . . . . . . . . . . . . . . . . . ~ t ti, J~ . . ~ ' , r - c ' Hotary Public ~ , , c ; f ' , ~ ~~t ~ ~ ' - - . _ ~ ; ~ • ,a. s• r._. ° ~ ~ '~~''Y ISpace K~fuu This /.inr Rasrn•ed ~or l.~nd~r and Ree~rdtrl ;{r: , , . ~ _ «i!M' ~ This lnetrument`Prepared by: ~Z -6 Fi. ~ ~4 ~ F ; ~C «t ~~COP:If J Steve Dav 5( l;~'IE LGIS`~' Y f:~ ~ t+t:GEi+ PCIi(~: 5 Firat Federal Savings and Loan :;;K ~;prry11 ~r, ,p• ~ ~ Association of Fort Pierce, Florida :33450 q~ . , ~ ~ ~ 52.3192 I~ S~f;K352 ~a~E 925 ~ v . ~ gkl ~ i _ . _