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HomeMy WebLinkAbout0959 1 ~ 18. Aoosleratioq Rea~edles. Bsoept ~u provided ia parastaph 17 heceot. upon Borrvwer'~ bea~4 oi ap~ aovensat ar aaee~eat ot Borrow~ee iA thL llorti~e. Lncludin~ tbe oov~~nta to pq? w?bea due ~q~r wm~ ~eaie~aa M? thL Yo~,~t0. I.ender prbe to ~c~oeleeatbn sb~ll oail notlos to Barrow~es v provided Ia psr~ra~h 14 beeeot~Pedb?ia~ (1) tLe bre~cb: (9) tbe actioo revaired to ar~e arcb be~esc6: (3) a date. aot len Wan 30 dq~ tirom t4e date t6e uotioe i~ ~ailed to Borrowres. b~? ~?hic6 wd~ breaeb ~mt be cae~e~ aod (4) tbat tallare to wre wc6 brewcb on or be~ore the date ~peciAed ta tbe oodoe a~ realt in aoosleratios ott6e wd ~xred b~ thi~ Yort~~e. foreclo~ure b~? judjcial Prooeedie~ ~ad ~le otthe Prope~t~r. T6e aotioe ~6aU hst6er ialbrs 8oerawer oi tbe ri~ht to reinstate aAer aooeleraNoa and tbe iisht to awert in the torsclowu+e prooeedin~ t1~s noo-a:irtaios of a detaalt or ao~r otl~er dsfewe ot Borrower to aoosleratbn aad faeeclowre. I! the bre~ah i~ not cured oa oe betors t6e date ~peciBed in the notios~ I.ender at Lender's opttan ma~? declare aU ot t6e ~ums secnred by thi~ Mort~a~s to bs immedisteb dae and py?aWe without li~st6er demand wnd m~y foreclwe thi~ ltort~~e b~?lndictal Pm~edin~. Leader ~hall be eotiUed to oolled ia wch proosedtns ~ll espen~e~ o[ foreclo~ure. inclndia~. bat aot limited to, seawnwble attorney'~ feea. u~d oosta ot doaiaenta*~? e~rideaos. abstr~ct~ ~nd title reporta. - 1~. Horrowee's Ri~ht to Reiaatate. Notwithstandin~ Ler?det'a aooeleradon of We auma ~ecured by this Mortia~e. B~ro~ver shall have che righc to have any prooeedin~s bc~nn br t~?der to a,toroe thi. Mort~.ge di.oontinued ac any time peio~ to aaay oi a iud~meac ~torcin~ thi~ Mat~a~e i~ (a) Bo~ro~rer p~ys L~eoder aA suiw which would be thea due nader thi~ Mo:t~a~s. the Note and aotes ~ecurin~ F1~tnrs Advanoe~. if aey?, h~d no aooaieration oocnrred; (b) Borrower cares all beesche~ of any otber oovenaab o~ ajrs~nta of Borro~rer ooatained in th~ AtudBa~ (c) Borrower pays all nawuable ezpense~ iacvrred by Le~?d~ in ~forcins tbe oovenanta aad a~reemeats of Borrower aontained in t6is Mo~a~e ud in eafaaang I~de~'s reme~es as provided in pere~raph 18 he:eo~ indndias. bat not limited to. reuouabb ~ atta~ney's fea; aad Borrowa teke~ wcb actiou aa I.eadez mqy rea~onaWy reqnirs to aanre tl~t the lien ~tbis Mort~a~e„ I.sader"~ int~red in tM Prnperqr and Bo~ruwefa obtigation to pyr the aom~ ~ecaebd by tbi~ Mo:f~age shall oontinne unimpaired. Upon t~uh paymeut and cnre bp Bore~o~wer. tliis Ma~tga~e aad the obli~ation~ secured 6ereby shall remain in fnll foroe and e8ect as if no aooelecatioa had occaered. 20. Aai~naent ot Reat~ Appoinemeat of Reoelver. As additional security henunder. Bosrowe~ hereby assi~ns to Leader tbs re~ta of the Propahr. provided that Boreow~a shaU, p~ior to aooel~ation nnder paragraph 18 hereof or abaadonmeat of the Property.6ave tbe iight to aollect and e~aVin sach reats as tl~y beoome due nnd payable. • UP~ ~tioa onde~ pata~raph 18 h~reof or abandoament of the Property, Lender shall be ~titled b have a reo~ver appointed by a aoort to eatesaPon. take pos~e~ion of and manage We Propaty and to oollect the rents of tbe Propar~y. indndin~ thwe part dna All raat~ adkcted by the reo~iver s6a11 be applied Sr~t to paymeat of We oosts of managem~tof the Property and oollacti~ of rsnt~. inclndins. bnt aot limited to, reaiver's fees, p~niams oa noeiver's bonds and rea~onable attorneys fees. and th~ to the sams ~ecansd by thi~ Mo:f~a~a. T6e reoeiver shall be habk to aooonnt only for cLoe~ reata accnally reoeived. 21. i+titare Advance~. Upon :'e9ne~t bY Barowar. I.endes, at Lendei's option witbin twanq years from We date oi thi~ Mort~a~e. mU? make Phare Advanoes to Bo~e~owa. 3ud~ Phtare Advanocs. ..ith inta~est tt?ereoa .hall be .ec,ued M? this Ma~iga~e wl~ea evideaoed by promiMOry notea statins tl~at ~aid notes an se~rored herebY. At no time shaU the principal amount oP the indetitedne~s secured by ti~ir Mo~tgaae, not indndins ~tt@ vanaed in aooadanoe hen~writh to pmtect the secnrity of this Mortgag~ ezoeed the o~iginal amonnt ot tbe Note pln~ v.S i Iro _ 22 Rel~se. UPoa p?Ymeat of all wms ~ecared by tbis Mortgage. Lender ahall ydea~e thia Mortgage withont charge b Borrower. Bo~rowet shaU paY all ooda of recordation, if any. 23. Attorney'~ Fees. As u~ed in tbia Morfgage aad in the Note. "attoraey's feea" s6s11 include attorney'a tees. if any. which may be awarded by an appolate ooud. - IN WITNESS WH6REOF. Borrower has executed this Mortgage. ~ ; Signed, eealed and delivered ~ _ in the preeenoe of: c - ~ ~ ' . . . . . . . r. . . . . . . . . . . . . . . . . . . . . (Seal) i~ess ~ Betty J. Pars. y.. _e«.~-.. I'~ . ..............................................(Seal) Witneas -~a . i STA7'E OFFLORIDl~ . . . . . . . . . .St .L~IGZB . . . . . . . . . . . . . . . . . . . . . . County ss: ~ . - I I hereby oertify that on this day, before we, an officer dul authorized in the atate aforesaid and in the oounty aforesaid to . ca~ce ad~noWie~emenc8, pereonany ap~ared . . . . BettY. ,Pars 1 eY.x . a. .~~!!9~ ~ . ~ldu1 t . . . . . . . . . . . . . . . . . ' ! . to me known to be the pereon(a) deacribed in and who ezecuted the ' , .i. ; ~ foregoing instr~ment and acknowledged before me that . . . . .She , , , , , , , , . , . ezecuted the same for~ the purpose therein ' ezpressed. ~f~ VIIITNESS my hand and 'al seal ,~'n the oounty and atate aforesaid thia . . . . . . . . . . . . . . . . . . . . . . . . . . day of ~`~l,/~/ , stt i ~ i...............•--. . a`~'.s.ca... i :Viy Coipm;ssi~p~n ~p;,res: p'~?' ~ ~tafr - ~ + `~~~tiNMlf?t: M~ . ='?T;7 ~ pr ~ ~ af ~ ? ~ -~a F, r•7r'-s h ~ . ' a • ! `:M1 Q . ,~'A~i _ 1 • - - •-NotaryPubGc . E 8 ~ ~s,~'• Q - •+~5, : - ~ (o' 4 „ ° _ • , i s•4 ~4 • • • . . ~ k '~i t ~ ta, ` /Spnca Belou~ Thu Line R~unMd For Ltndar ond Ra+o?dt?) s, ~ ,~j~,~ ~ . - ' - ; . ~a' . ~ ~ ' Zff7-~ ti ~ ,r`~ t~i~r~~a b,?: ~ APR -7 A!~ ~ 53 ~ ~~coFaro ~ F1lEC RKC Jerry 'G_ Lit~e~+~ st~uc~F caur+rY first Federal Savinge and Loan RCGER PCIiRAS Aseociation of Fort Pierce. F9orida 33450 CIERK CIRCUtT CCUR' p.-~~~•r ~~t c,c : _ - - ~ ~ ~~~Y I 6a~ 352 Pb~E 958 9k ~ , .~fi . - . . 3~ , . : ~ , ~ ~ _