HomeMy WebLinkAbout080318. Acceler~tloa; Remedle~. E:oept ~u pwvided ia pwra~raph 17 hereot, upon Botrower'~ bre~ch o! an~- oovea,sat oir
a~reeeaeat ot Bore~owe~ W thts Mort~y~e. includia~ the ooven~at~ to p~ whea dne ~up- wm~ ~ewred by tht~ Mosts~ia l.ender
prior to scceler~tlon ~hall malt aotice to Borrowe~ eu psovided iq par~~r~ph 14 hereot~pecityrinr: (1) the breach; (4) tbe ~-ctioa
requlted w cure ~uch brewch; (3) w d~te. not leu tbae~ 30 days fhom tbe date the notke i~ wdled to Boreowrer. by w-bkb ~uch
bre~cb mu~t be cured; and (4) thet faUure to curo ~uch breacli on or be[ore the date ~psciAed ia t!-e aotlos ~a~U- rewlt ia
~coeloratioa of the ~unu ~ecured by tht~ bloetra~e. toreclwure by )udlcial prooeedia~ and ~als otthe Propsrty.The notWe ~b~il
llirther inform Borrower o! the ei~ht to reiaatwte ~tter aooeler~atloa Mnd ths ri;~ht to iwert ia the toreclowcs pe~ot~eedin~ tha
noa-esi~tenoe o! s detault or s»y other detenae ot Borrower to a~oceleration and loreclosure. It the brea~cb L aot wred on or
be[ate the dats speclAed In the aotice. I.ender ~t Leader'~ option u-e~1- dec4~re ~11 of Ws wnu ~ecured by tbL Mort~ase to be
immediet,ely due aad p~yable without ltirthes demend aad mq- toreclose thi~ ltort~a~e b~r judkip! proceedint. Lender s6s{l bs
entitled W oopect in such prooeedin~ all espenae~ ot torectosure, Includtn~. but not Umited W. reawa~ble ~ttoraey's tee~. aad
costs oi documentary evidenoe, abetracta a~d title reporta. ,
19. Boreowee'~ RiRht to Reit-stwte. Notwithstanding I~cndes'~ acceieration oitYie sum~ ~ecured by thu MottQe~e. Borro~-er ~he~U have
the right to heve any pt~oc~edings begun by Le~der to eaforoe this Mo~t~a~e di~coatinued at any time ~iot to et-tty of a judQment aaforcin~
this Mort~aQe if: (a) Borrower pays Lend~ all sunu which would be thea due under thia MortSa~0. ~ Note and aote~ ~ecu»n~ I~ture
Advances. if any. had no aoceleration oocurred; ib) Borrower cur~ all bnache~ of any othez aovenanta or ~reemeaf~ of Borrower oonLained ia
this Mortgage; (c) 8orrower pays all reaeouable espenses incurnd by I,ender ia enlorcin~ the covenaaL and a~reement~ of Hotrower
oontained in tt-ia Mortgege and in enforcing Lender s remedies as provided in paraQraph 18 hereof. includin~~ but not limited to. rea~onabls
attorney's iees; and (d) Borrower takee such action es Lender may reasonably reqnire to twure thet the liea of tbie Mort~age. Leader's intered
in the Pcopaty and Borrowei s obligation tfl pay the swas secured by this Mortgage shall continue unitapeired. Upoa such p~yment aad cure
by Borrower. this Mortgage and the obligations secured hereby shall renasin in full foroe and effect es i[ no aooe{aation had oocu:ted.
20. Assi~nment otReata; Appointmeat ot Reoeiver. As additional ~curity hereut~der, Borrorver hereby as~ign~ to Leader the re~ta
of the Property. provided that Borrower shalt. prior W aoceleration under parsgraph 18 hereof or abandonment of the Prope~ty. have the ti~ht
b collect and retain such renta as they beoome due and payable.
Upon aoceleration under paragraph 18 hereof or abandonment of the Property. l.ender shall be entided to have a reaeive~ appointed by s
oourt to enter-upon. take possesaion of and manage the Property end to ooUect the nnta of the Property, includin~ thws pad ~ue. Al! reats
oollected by the recriver shali be applied fi»t to payment of the oosts of management of the Property aad oollection of r~ta. includin~, bnt aot
limited tu, reoeiver's fees, premiums on receiver's bonda and reasonable attorney'a fees. and then to tl~e sums secured by this Mortga~e.'1l~e
receiver sha11 be liable to aooount only tor tho~e reots aMually received.
. 21. I~ture Advance~. Upon request by Bortower. I~ender. at [.ender's option withia twenty years imm the dat~e of thi~ Mortgage. msy
make PLture Advanoes W Borrower. 3uch Fnture Advances. with interest thercon. shall be ~ecured Dy thia Most~a~e ~rhen evideaoed by
Pro~nissorY notes stating that said notls an secared hecebY. At no time ahall the Principal aQ-ount of the indebtedncea secured by ehi~a
Mortgage, not includ~-g snme advanced in accordanoe herewith to Protect th~ securi~Y of this Mortgage. ~oeed the original aQwunt of the
Note plw U.S.i ~L4sle
22, Relea~e. Upon payment of all aums secured by thu MortgaBe, Lender shafl release this Mortgege without charge b Borrower.
Borrowet shall pay al! costa of recordation, ii any.
23_ Attorney's Fees. As used in this Mortgege and in the Note, "attorney's fees" sha11 include attomey's fees, if any. whic6 may be
awarded by an appellate court.
tN W~TNE,S.g WHeItEO~. Borrower has executed this Mortgage.
Signed. aealed and delivered ~ ~
in Lhe presence of:
~ ~-~-~. -. .. . ~ . .~'.~:. ~ ...
W~tnesa
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(~ Witness
~~ Q ~`' ;~";~'. .
~ URANSKI
PETER A. Z
C ~~-~4~aC~ . ~,~. ~,;.;:~k. .
~a
PAh~LA A. ZU SKI
STATE OFFLORII)l~ . . . S~. . LtiGl~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . County sa:
.......... (Seal)
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I hereby certify that on this day, before rr~e. an officer duly authorized in the state aforesaid and in the county aforesaid to
take acknowledgements, personally appeared ..PE.TER .A.. .Zl~~W.SKI. .and. PAM~IA. A,..~~1RAW~KI., . h.? s. w? f~ ~. ....
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the peraon(s) described in and who esecuted the
foregoing inatrument and acknowledged before me that ..th.ey . ............ executed the same for the purpose therein
expreased. ~.~ ................ day of
WITNESS hand and official aeal in the rnunty and atate afo~ e esid thie .••.••-
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I tipaeF HrG~u This l.~nr Rrsr~r~d tu- /.~nd~r and Ren~~d~rl
Prepared by:
James A. Ten Eyck
Firat Federal Savinga and Loan
Asaociation of Forl Pierce, Florida :i.34.50
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d'1~1K ~~p P~GE $O.3
19a1 FE~ -9 ~:: 3~ 35
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