HomeMy WebLinkAbout189418. Acceleratba; Remedle~. S~oept ~u provided ie~ prr~rap6 17 he~eof. ~poa Borrow~e"~ de~e~er o~ aq~ oo~re~aat or
a~reemeat ot Bore~ower W thi~ ~lo~~e, includla~ the oovea~ata to p~,~r wha~ ~re wa~r w~~ ~red b~- tai~lloet~e.l.eadee
prior to acoeleratioa ~h~ll msll aotfoe to 8orrower ws provided Iu parasraph l~ heeeof ~peeily~as:ll) t6e be~e6;(~J tMactios
required to cure such bre~cb: l3) w d~te. aot lew tbwa 30 dq-~ A~oa tbe date the ootioe ~~ailed to 8o~ro~rer. b7 wriie~ wcr
breach mwt be cured; aad (~) tbat tailure to cure wch brau~h on or before tbs d~te ~pedKed ia tbs aotios W e+Mab iw
aooeleratioa of the sum~ ~ecured by thb ~tort~a~e, loreclo~ure by judidal pcooeedia~ aed s~1~ o[t6e P~+opeet~.lle uotios sraU
fluther inform Borrowee ot the ri~ht to reiastate aRer aooelention ~ad tbe risht to aNeet ia tbe to~edo~ae~s pe~ooeedis~ tbe
non-esistence o[ R default or s~- otl~er defense ot eorrowrer to ~ooelehtbo ~nd foee~bwra lt tbe brea~e6 L sot ~ oa o~
before the date ~peciAed in the aotke. I.eader wt I.ender'~ optioa a~a,~r dectaee aU ot the wim~ ~ec~red b~r thi~ l/oettate to be
immediately due and payable without li~rther demand aad aaay foreclwe this Morts~e b~r jrdieial p~ooeediat. I.~dec ~6a11 be
entitled to oollect ia such prooeedia~ aU e:pen~e~ of foreclosure, lncludins. btt oot Ilo~ited to, rerrooaWe aqprse~'~ [ee~. ~od
rnata of documentary evidenoe, abstracts nnd title report~.
19. Horrower'~ Rl~6t to Reiastate. Not~rithatandiag LeAder'i aooden~tioa of tbe wm~ aecae~ed by titi~ Yortp~e. 8onowe~ shall hare
the right to have say pmoeedings begun by I.enda to euforoe t}-i~ Mort~a~ce di~oontinued at any time pria~ b antr~ of a jodsmeot enfurcint
thia Mortga~e i! (a) Bore~ower peys Lender all sums which would be the~ due nnder tbis ~la~tsa~ tbe Note ~ad note~ ~ectieiat Flstoee
Advanas. if anY. had ao aoceleration oa~urred: (b) Borrower cures all bnacLe~ of aay otbe~ oovenaats a~ a~eewenb of Boaower oontained in
thia MorteeBe: (c) Borrowes pays all naaouabk expenaes incurred by Laider in enforcins t6e aovenaats and ap~eemen~a of Barawer
ooatained ia this Mortgage and in enforci~g I.end~'s remedies a~ provided ia parsgraph 181~eu~ indudin~. bad oot timited ~o. t~ooabi~
attorney's feea; and (d) Borrow~ takes such action as Lender may n~soaabty reqnira b assure that tbe l~en d t!w ~1oct~a~ I.eade~'~ inteiart
in the Propaty and Borrower e obligation to pay the s~uns secured by this Mottgs~e shaU oonLinue unienp~ired. Upoo iach pwment and care
by Borrower. this Mortgage and the obligations secured htreby shall remain in fall foene and d'fed a~ if no aooeleiatian hd oo~ned.
20. Asslsnment of Renta; Appointment of Reoeiver. M additional eecvrity herennde:. Bo~rowa+r haeby ~ to Iin~de~ tbe e~enb
of t~e Property. Pmvided that Borrower ahaU, prior to aooeleration under paragraph 18 hereof o~ abiwdoameat attbe Pt+ope~ty. bare tbe~ht
to collect aad refaia such rents as they become due an~l payabk.
Upon aooeleratioa under paragraph 18 heseof oi abandoament of the Proprrty. La~der shall be entitled to have a ieoeiver appointed bp •
coart to enter ~pon, take possession of and manage the Property and to oollect tbe reats of tbe Propaty. indudins thwe pa~t doe. A!1 rmts
ooUei.~ted by the ieoeiver shall be applied first to payment of the oosts of managmnent of the Property and oolleclion otrents. iadoiot, bat not
limited to. reoeiva's feee. pcea~iums on reoeiver's boads and reasonabk attorney'a fees. and tbm to t6e ~um~ ~ewred b~- t~ l~Loc~~ 1Le
receiver ahall be liable to aooount only for thoae rents actuaUy reoeived.
21. Ifitnre Adv~nce~. Upoa requ~at by Borrower. I.ender. at Lender's option ~viWin twenb~ Yan ban We da~ oithis Mo~tsa~e. m~,y
make fi~tnn Advaaces to Borrower. Such P1~ture Advancee. with intaest thereon. ~ha11 be ~ec~ed by t1w Ma~aie wl-en evideooed b]-
promissory notes stating that aaid aotes are secured hereby. At no tiaoe shall the princiPV amonat oi the iadebtedner ae~red b7 thi~
Mortgage. not including aums advanoed in aocordance herewith to protect tlie secaritY of tbia Martsa~e. ~e°°d tDe °~+i~°u~ ~m°ast d tbe
Note plus U.S.i ~~
22. Retease. Upon payment of all sums secueed by thia Mortgage, Lender shall nlesse this -Mo~ti~e~ wit~oat dur[e ~~'o'"'~*-
Borrower shall pay all casts of recordation, if any.
73. Atioraey's Fees. As used in this Mortgage and in the Note. "attomey's fees ' shall include atZoraey's fee~, if any, whid~ may be
awarded by an appellate court.
IN WITNESS WHERBOF, Borrower has executed this Mortgage.
Signed. sealed and delivered
in tbe preeence of:
.... ..... . .. ~..1
...:. ~. .:,.. .....
' WitAesa
~/ /
~ ~ ~ Witn~s
STATEOFFLORID~ .....,~t•..~.~lC~~ ........................... CO11Ilt}I S8:
I hereby certify that on this day, before ~r,e, an officer duly authorized in the atate aforesaid and in the oounty aforeesid ~o
take acknowledgements, ~~on~lly ap~8rea . . . . . .6r.uce .6_ . Mnorho~se,. .a. s i ngl e .adul t, . dAd -leSa. D. • - • - - -
l.~Oqs1Ct~, . d .singlE . adul t . . . . . . . . . . . . . . . . . . . . . . to me known to be the peraon(s) described in and who ezecuted the
foregoing inatrument and acknowledged before me that ...~Ft@31. ....--•---- euecuted the same fo~ e purpoee the~n
expreased. =
WITNESS my hand offi 1 seal in the rnunty and atate aforessid this . . - . • • - - - • - - - • - - • - - • - - - • • - - - • - - - - day of
........................~.:-~4r~,~1.'~'2=- ••------•--. , 19..~~.. •
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My C~~asi aes~tpirea: M~- ~ Sfale ol F1orid~ et [a-7e
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<< ~ss,~~~k #1
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Itt$trument Prepared by:
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~ Carol Fore
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B~DORH S~,~~qle adult -B ~ .
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L A D. LE single adult -8"
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L I~auy Pabti~
ISpan I3rG~u~ Thu L~na R~s~ri•td F'or Lendar and R~ciorderl
Firat Federa] Savinge and Loan
Asaociation of Fort Pierce, Florida :R3450
l9~1 F~ ~ I 3 p~ ~ 20"
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~:;~~348 ~~~E1893 ,~
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