HomeMy WebLinkAbout15511& Aoosleratbn= Remedie~. B~oept s~ provided in pwryrapb 17 hereot. uoon.Borrowr~e"~ be~aah o! aq~r aovenaat oe
asreeme4t of 8orrow-ee la thL Moecs•sa lactudin~ tbe ooven~aa ~o p.,~r.vben due aq- wm~ ~ea~red bor t6i~ Yoet~i.Iwndee
prMr to aaoeleration sball au~ll aotlos to Borrower ~s provided in p~eyrapb 14 heteof ~pecibrini: (1) the bre~cl~: (9) tAe ~otlos
reQulred b cure atc6 bre~ch: l3) w dst0. not leN tb~n SO da~-~ 1~roa~ tbe d~te the botioe i~ oailed to Borrow-et. b7 w~hic4 wcb
bseach mwt bs curedj aad l4) thRt fallure b cure snch breacb oa or betore tbe dat~ ~peaiAed ta tbe aoUa ~,1r reWlt W
sooslerutbn o[ tbe sum~ ~e~vred by thL Y~rt~~e, foreclosnrs by jadloial Prooeedin,~ ~ad ~ale otthe Propeet~r.Tbe notke ~1iaU
fbrther info~ra~ 8orrowre~ of the ri~6t to reinstate aRer woosleratba aad t6e ri~t to wert in tba toreclomre prooeedin~ tbe
noa-e~teaos of a default or ~a~- other defeo~e oi Borrowrer to aa:elentlon and toeeclowre. I! the breach b not a~red oa ~
betore the date spectAed ia the notice. Leadar at Lendsr'~ optloa auU- declare ~q oi the ~um~ ~ecured by this 1[o~t~s to bs
tmmediately due aad pwabls witlwut tliri6er demaad u~d myr foreclo~e thi~ Yort~~s b~r Jndicial prooeedin~. I.eader ~h~ll be
entitled to oollect ia snch pro~.~esdia~ ~11 e:pense~ ot foreclorure, includin~, bat not limited to. reawnwble attorney'~ fee~. ~od
co~ts oi documantuy evideeoe. ab~tract~ wnd title reporta. '
19. Borrower'~ Ri~ht to Retoatate. Notwitlutandin6 Lendes's waoeluatioa oitbe ~nau ~ecnred bY tbir Mort~~. Boee~o~rear shell haw
the ri~ht to hsve sny pmcaedinss be~un by I.eader to ~faae tl~is Mo~t~e~s di~oontinlud at aqy tim~ piae to entry of a judQmeat eaforcaa~
this Mo~a~e i~ (e) Bore~ower psy~ I.~det aU sum~ which would bs tba~ due uader Wis Moct~ate. the Note and ~~eturia~ Pti~tnie
Advaaaa. it any. had no ~ooeleratioa oocnrred: (b) Borro~rer cure~ all b~esche~ of u-y oWer covenant~ as a~e~esmeab of Borro~rec ~a-tained ia
thi~ Mort~a~e: (c) Borro~re~ pa,y~ aU reasoueibk espe~ues incusred by Leader in ~torcin~ tbe oovenanta and ~reemeata of Bo:row~e
ounteined ia thi~ Mort~age aad in eaforcin~ I.end~'s nmedie~ as provided in pua~raph 18 hereof. inclndia~. bnt not limited to. reuooab3s
attoraey'~ feer, and (d) Borrowa taka ~uch adion as I.eader may reawnably rsquirs to anure that the lien attl~is Moart~a~a. I.eade~'~ iateewt
in the Property and Ba~eowefs obligatioa to pqy We surns ~scured by tbi~ Mort~age ~hall oontinw nnianwured. UPon wch WU-mmt aad c9rs
by Bore~ower. thi,s Mortge~e and the obli~etioa~ ~ecured hereby eball re~aain in full tcros and effect ar if ~ acoeleratioA had oocnired.
20. A~aip~meat ot Reats; Appointment of Reoeiver. A~ additional ~ecurity heze~nder. Botrower heeeby wi~u to I.snder ths rent~
of the Property. pznvided that Borrower rhaU. p:ior to aooelecatioa under paragraph 18 hereof or abandonment of the Pe~opee4Y. have tbe si~ht
to colled and retaia snd~ rent~ eu Wey beoome due and pqyable.
Upon aooeleration nnder persgraph 18 hereof a~ absadonment of the Property. Lender shaU be entitled to heve a raoeiver appointed by a
ca~ut to eateraipon. take pos~ssion of and manage the Pmperty and to ooUed the rent~ of the Property, inclndiag tbo~s pa~t dua All rent~
oollect~ed by the receiver shaU be applied fust to payment of the oosts of managameatof the Propezty end oollection of t~eat~, includin~, bnt nd
limited to. reoeiv~'s fee~. P~ami~ on reoe~ver's bonda and reawnable attomey-'a fea. and thaa b the snms ~scnred by tliis M~~a.'!be
reoe~ve: ~hall be liabk to Aceount only f~ thoee rer~te actually e~eoaived. ---
21. Pt~huce Advance~. Upon reque~t bY Borro~. I~ender. at Lei-de~a option within twenh- Yean irom the date of t!w Mo~age. may-
n~ake Ifitnce Advanoe~ t~o 8o~rm~. Snch I~t~re Advaaoa. with iatarert th~eon, ~h~ll be ~ecured bi- thu blo~'fi+~e wbea evid~oed bY
pmmis~ory aotes statiog that said notes an secared herebY. At no time shall the parinciPal amount of the indeMedneM ~ecnred by tbis
Mortgage. Aot indndin8 snms sdvaaoed in aooordanae herewith to protet.t the secnrity oi this Mort~a~e. esoeed We ~i~inal amonnt d the
Note plns U.3.~ ~DP ~ -
22. Release. Upon psrm~nc ot all sums secured by thi. Mortgage. Lender ahell rel~eue this MortgeQe MriWont~charge to Borrower.
Borrowa shall paY ell cosb of rscordation, if any.
23. AtWrney's Fees. M used in thu Mortgage and in the Nofe, ".attorney's fees" ahall include attoraey's fecs. if any. which may be
awarded by en appeUate court.
IN WtTNESS WHEREOF, Borrower hea executed thie Mortgage.
~ Witness
.................... Witneas
. . .4"~y:'~" . ,c~Y . . . . . . . . . . . . . . . . . . . . . . . (S~ea~l)
CLYDE . CROUCH
~~E.:±~ :~~Q~'~~t~
DRA~D. CROUCH _F,-„
STA1'EOFFLORIDI~.......St...Lucie .......................... County sa:
I hereby certify that on thia day. before irie. an officer duly authorized in the atate aforesaid and in the oounty aforesaid to
take acknowledgements, peraonally appeared..G~-YDE..U,..GRRV~i. and. ~4-NN4RA.4•..~RDU~,..h7S _Il~llf~,..........
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) de8cribed in and who e:ecuted the
...
foregoing inatrument and acknowledged before me that ...~hey. ........... eaecuted the eame for the purpoae therein
expreased. .~~~ ............. . . y
WITNE~ h d and official seai in the county and atate af~esaid this ....... da of
........... .......... ..... . . 19. 1..
yiy Commisaiop pitea: liot+ril -~. State ol f{aida ~t 1u9~
.,s~-•y~„ I~A~ Cowmissio~ ExP~ ~- 23. 1984
:`` ~ J ,' t~~i, ~o.e.s ~-.. i~.r f«. r~ •~-
~v~~\ ~• ~11 ~1~~ •.
~ r j• -, •'? 1• t_,- .
_ ?. - ._
_t '.
LV
..............J~~`'""''~-~:.---- : '- . _ ..~~.'--.----
Notar~r c
?;,, ~J -`? ISpare Br(ou~ Tha Lm~ Raaari~ad Fo- Lend~r and Reourde~i
- (! _, _
, ~1'
. , .
4 . ' -
This Inatniment Prepared by:
Steve Day ~ '
Firet Federal Savings and Loan
Aaeociation of Fort Pierce, Florida 33450
.~
e
BRflKJ~g PAGE1,5c~,1
~IfEDl2 F'~~43
Fll'_f etC«GO~i'k0
S ROGER PO TRASA~
CLEkK CtF.CUt? ~JL'
.". ~Y• .t ~'~ ~ ~~ ..
sss8zo
~
3
:
;
~
,
! . ` .
~ ~ ~ ~
_ „;
. ~ . '.'~ ~~~.~ .~ : : ~~ . - -_ :,~':~-~-~
Signed, aealed and delivered
in the presence of: