HomeMy WebLinkAbout155518. Aoosler~tba; Raaedle~. B:oept M pTOWdOd ~II piT~~~~l 17 ~e~'lO~. npoo 8orrowr~e'~ bread~ o! W ooveoant Qe
a~reaaaent o[ Borrow-ee in tbL Mort~~e, iacludtas the ooveaanta to pa~- w-beo due ~-q~r wsu ~eaued b~ thL Mort~~. lwnd~e
prior b aoosleratloa slt~ll au~il aotioe to 8orrower a~ provided In parase~ph 14 b~reot~p~dtyini: ll) tl~e brarcb; (s) tb~ adioo
requlred to care suc6 brsacb: (3) a date. not lea thaa 30 dw~ hom tbe dwte tbe uotio~ i~ tiaUed to 8orrower. b7 ~-Wc6 w~b
~reach mwt be cured; aad (4) tbat tailure to cure wcb breach oa or befors tla d~t~ speclAed ln tbe ootloe ~Wr eewlt is
~coeleratbn of the ~um~ ~ec~red b~- thL Mort~~e. ioreclo~ure b~r judicisl prooseiUas ~nd ~ale of We Pe~opeet,~r. Tbe aotioe ~6aU
tluther iniorm Aorrow-er o[ tbe ri~ht b rela~tate ~tter aaosler~tioa ~ud tbs ti~ht b iwsrt in tbe [oreclo~aer prooeedfn~ t6~
aon-esi~tenos of ~ defwlt or aqp other de[en~e of Borrowrer to aoceler~tbn and foeeclosura If the bre~cb L not ared on oe
beiore the dwte ~psciAed ia tl~e aotics. Lender ~t Leader'a opttoa m~r declars Rll ot t6~ wms ~ecnred b~ t5L Nort~a~e to bs
immediatel~- due aad pa,raW e without lhrther demand and wq forealo~e t61~ Yort~a~e b~r Ja~iici~l prooeedi~. Leader ~b~ll bs
e~ntiUed to ooQect in wch prooeedins 411 espepae~ o! roreclo~ure, includin~. bat not limited to. reawnable ~ttorne~-'~ ises, ~nd
co~ta of docuiaeatar~- evideaoe. wb~tract~ and tltle report~. .
19. 8orrowee•~ Ri~bt to Reia~tste. Notwit}utaadin~ L~es~der'~ aooeleration oitbe snnL ~ecored bY thi~ Mo:ti~e. Boirower ahall have
the ri~ht to have wY Pmoesdin~ beQun bY Lender to eaforos thi~ Mortsa~e di~ooutinued at any tia~ peior b entry oI a judpnent e~tforciag
thi~ Mort~age i~ (e) BoTeower p~y~ Lender all ~um~ w}uch Mrould be Wea due w~dez thi~ Mort~a~e. the Note ~nd note~ ~scnru~ Phtnrs
Advanoa. if suY. had no sooeleration oocurred~ (b) Boreower cures all b~eache~ of any othee oowaanb or asree~ts oiHorrower ooatained in
thi~ Mo~+~s: (c) BorroMrer psy~ aU ressouabk eupea~e~ incurred by I~der in ~forcin~ th~ oovenants and a~reemeat~ of Borrow~e~
oontaiaed in thii Mo~age and in ~foccia~ L~der's remedies as ~ovided in para~rsph 18 hereo~ includin~. bnt aot limited to. e+suonabl~
attarney's fees: und (d) Borrower take~ auch action as Lender aaay rea~o~nably require to assure that the liaa a[thi~ Ma~tsa~e. Lwdee'a iatez~e~t
in Lhe Propeeiy and Borrower's obligatioa to pay ehe ~uau ~ecvred by this Mo:t~a~e ~hall oontinue nnimpaind. Upon snch p~yment iwd cme
by Borrower. this MortgaYe and the obligation~ secured hereby ~heU remain in full foroe aad eltect eu if ao aooeleratioa had oocnrred.
2Q As~i~pnment oi Reata; Appoiatmeat of Reosiver. A~ additional ~ecadty hereunder. Borrower 6eeeby a~ai~u b I.endar the reuta
of the Property, p~ovided that Borro~ sha11, pri~ to aooeleration nndes paregraph 18 hereof a~ abandonm~t of the Arope~ty, 6ave tbe ritht
to ooUed and retain snch rents as they become due and paysble. '
Upon aooeleration and~ paregraph l8 h~reof o: abandonment of the Property. L~uder shall be ~tided to have a reoeiver appointed by a
oourt to eaterLpoa, take possesdon of and manage We Prope:ty and to oollect tbe rest~ of tbe Property, includin~ Wwe part dne. All reat~
oollected by the receiver shall be applied fir~t to payment of the aosb of mana~~eat of the Property and oollection of renb. iacl~din~. bnt not
limit~ed to. reoeiver'~ fee~. premiums on reoe~vd~ bot-ds aad nasonable atLorne~s fee~. and thea to the ~um~ ~scarsd by Wi~ Matsa~a.'~e
rboeiver shall be liable to aooount on~y for tho~e r~ts ectually reaived.
21. I~htare Advaneea. Upon requed bY Borroaer. Leader, at Leade~s option within twenty yars irom the dete oithis Moct~~ge. m+tY
make Plitnn Advsnoes to Borrower. Such Fhture Advanaes. ~rith intere~t thezeon. shall be ~ecured bY thi~ Ma~t~a~e whan evidenosd by
Promiswr9 aotes sbtin8 that said ~oLes an ~ecured hereby. At ao time shaU the pr~nciP+d ainount of the indebtedne~s ~ecured by this
Mort~a~e. not includiag snma advanoed in aooordanoe herewith to prote~.t the secnrity oi this Mort~eBe. e:oeed tbe original emount d the
Note plw U.3.i ~QDP • .
22. Relew~e. Upon paym~t of all sums secured by thiu Mortgage. I.ender shall relea~e Wis 11~ortSaBe w+ithont charge to Bono~-~.
gorrowa shall pay all ooets of recordation, if any.
23. Attorney's Rees. As used in thia Mortgage and ~n the Note. "attomey's fees' shall include atbrney's fee~, if any. which maY be
awatded by an appellate rnud.
IN WITNE83 WHBREOF. Borrower has executed thia Mortgage.
Signed, sealed and delivered
in the presence of:
. , . I~~l~~:.. . .G?~`~.. . ...
~~ Witness
....... ... ......................... Witness
........~!l• .. ......................(Seal)
Sheril A. Bennett, a single adult -B~~
..............................................(Seal)
-8...
St. LuCie Count as:
STATE OFFLORIDI* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . y
I hereby certify that on this day, before rr.e, an officer duly sutharized in the atate aforesaid and in the county aforesaid to
take acknowledgementa, Personally appeared . . . Sheri 1. At . Benngt~,. ~ . s.iasle. .adul t.s . . . . . . . . . . . .. . . . . . . . .. . .. .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the peraon(s) deecribed in and who e~cecuted the
foregoing instn~ment and acknowledged before me that . . . . . . . ~j14. . . . . . . . . execated the same for the purpose therein
ezpresaed.
WITNES3 my hand and official seal in the county and state aforesaid this . .. . . . . . . . . . . . . . . . . . .. . . . . .. . . . . .. day of
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MJ/ CO~1 . l~~~NO~ ~. S~ttE OI FIO(iJi i~ ~
,; . - 7i ~ `- `c ~~ Comaassios ExP~s l~a. 23. 1981
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This Inatrument Prepared by: ~~ FE~ I 2 p~ ~ 4 3
Mary Platt
f~l,~~ kti[ ~-ErUrUfO
First Federa) Savings and Loan ~~~;LUCIf C[U~iY.it ~.
~itOGER POITR~ S
Association of Fort Pierce. Florida 33450 ~,FR~S CiPC~tT ~9::RS~
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