HomeMy WebLinkAbout251518. Aooelesattoa; Rea~edfea. Baccept a~ provided ia pur~r~pb 17 hereoi. ~poa Horrower'~ breach oi uUr ooverunt or
a~reement oi Borrower ia thL Moct~s~e, lacludia~ the oov~anta to pq- w+hea due aa~- am~ ~ecured by thi~ Mort~ase. Lender
prior to aa~elerstfoa ~hall mall aotioe to Borrower ~u provided ia par~raph 14 hereof spedtyin~: (1) the breach; (~) t6e actloa
requlred to cure ~ucl~ breacb; (3) a date, not lew than 30 dwy~ [Irom tbe d~te the notice L m~iled to Borrower. by ~rbkh wc6
breach mwt be cured; aad (4) that fallure to cure such breac6 on.or be[ore the date ~peclAed in the notloe ma~- nwlt in
sooeleratioa oi the ~uma ~ecured by tlsb ll~ort~a~e. loreclwure by Judicial prooeedins aad ~wle of W o Property. The aotlce ~hall
tl~rther inform Borrower ot the ~i~ht to reiiutate atter aooeleratloa and t6e ri~ht to wert ia the foreclosure proceedias tbe
noa-e:iotenoe ot s default or way other defense ot Borrower to aoceleratloa ~ad foreclo~ure. I! the breach b aot cured on or
before the date ~pecitied ia the aotice. I.eader at I.ender's optioa mey decl~re all oithe ~um~ ~ecured by thi~ Mort~~~e to be
immediately due aad pe,yaWe witAout tlirther demaad and msy foreclo~e thir btort~~e by judicial prooeedla~. Leader shall be
entitled to oollect in such proceedin~ all e:peasee o[foreclo~ure, includia~, but aot limlted to, reawnable attoraey'~ [ee~, and
coete ot documentary evideace, abstracts and title reports.
19. Borrower•~ Ri~ht to Reinatate. Notwrithstanding Lender's aocel~atioa of the euau ~ecured by thi~ Mortgage. Borrower shaA have
the righL to have any pmceeviings begun by L.ender b enioroe thia Morfgage disooatinued at any time prior to entry of a judgmeAt eaforcin~
this Mortgage if: (a) Borrower pays Lender all sums which would be thea due uader this Mortgage, the Note and notes ~ecuriag I~t~rs
Advanas. if any, had Ao acceleration oocurred; (b) Borrower cnree all breaches of aay oth~ oovenanta or ageeements of Borrower coataiaed ia
this Mortgage; (c) Borrower pays all reasoiwble espeaees iacurred by Lender ia eaforan~ We ooveaanb and aQreemenf~ of Borrower
aoatained in thia Mortgage and in eaforcing Lende:'s remedies as provided ia paragraph 18 hereof. includiag. but not limited to. reawnabls
attorney's fees: and (d) Borrower takes such action es Lender may nasonably require b assnre that the li~ of this Morfgage. I.ender'~ intere~t
in the Property and Borrower's obligation to pay the sums s~cured by this Mortgege ~hall eontinne unimpairad. Upon such pe~ym~t and cnre
by Borrower. this 1~Qortgage and the obligetions secured hrreby ahall remain in full foroe aad dfect as it no aooeleration had oocurred.
20. Assi~nment o! Renta; Appoiatment of Receiver. As additional security hereunder, Borrower hereby sssign~ to I.~~der therenta
of the Property. provided that Bonower shall. prior to aoceleration under paragraph 18 hereof or abandoameat of the Property. have the right
to rnllect and retaia such rents as they become due and payable.
Upon acceleration under paragraph 18 henof or abandonment of the Proprrty. I.ender shall be entided to have a reoeiver appointed by s
oourt to enter.~pon. take posseeaion of and manage the Property and to collect the renta of We Property, including thase past due. All rents
ooUected by the rece;~er shall be applied fust to payment of the oosta of znanagecaent of the Property and oollection of re~-ta, includia~. bnt not
limited to. reoaver's fees. pr~iums on receiver'e bonda and reasoneble attomey's feea. and thea b the sums ~ecured by this Mortgage.'lbe
receiver ahall be liable to aooount only for thoee rents actually received.
21. PLture Advances. Upon request by Borrower. Lenda. at [,ende~s option within Menty years from the date of thi~ Mortgage. may
make I~ture Advances to Borroaes. 3uch Phtnre Advancee, wiih interest therton, shall be secund by this Morfgage when evidenoed by
promisaory notes stating Wat eaid notes an secured henby. At no time shall the principal amount of the indehLednea secured by this
Mortgage, not includin aums advanoed in aocordance herewith to protect the eec~uity of this Mortgage. e:oeed the original amount of the
Note plus U.S.~ •
22 Releaee. Upon payment ot all sums secured by this Mortgage, L.ender shall release this Mortgage without charge to Borrower.
Borrower ehall pay all oosts of recordation, if any.
23. Attorney's Fees. Aa ueed in thie Mortgage and in the Note. "attorney'a fees ' shaU include etLorney's fees, if any, which may be
awarded by an appellate court_
IN W17:VESS WHEREOR Borrower has executed thie Mortgage.
Signed, sealed and delivered
in tke preeence of:
~~ .~: .~~.~.~~ . . . . .. . . . . . . . .
~ Witnesa
J~ .~-1. ;X11. ~. . `.~ ~'~~~ . . . . . . . . . .
,, ....
• • Witness
~ . y ~
. . . . . . .. . ~. .'V~~~J.~.IJi~.UUI . . . . . . . . .. . . . (Seal)
Phi 11 i G. Guettl er -B°"°""'
~j_ l ,,c,.~~
%I~IG'11.~~~~4G.4~ . . . . L'U~l~4~X :~-.~ . . . (Seal)
Del ane Nei 11 Guettl er -"'°"°"~
STATEOFFIARID~....... $~r;. Lucie,,,,,,,,,,,,,,,,,,,,,,,,,, COUi1ty 88:
I hereby certify that on this day, before rrie, an officer duly suthorized in the state aforesaid and in the county aforesaid to
take acknowledgements, peraonally appeared .. P.h7.1.1 ]~1. G... . Gue~tl er. . and. Delane .deil a. .Guettler., . hi s. .....
. . . . Wt fE . . . . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that .....thEy.......... executed the same for the purpose therein
eacpressed. . ~ ~
. _~l~i'j'Q~y,SS,7~y h•a~ d and official aeal in the rnunty and stute aforeesid thie . . . . . . ... . ~~ .. . ... . . . .. ... .... . . . day of
. .-~ ti:t.. ~ •f~'~/.• . .. .. .. .. . . .. . . .. . . ... .. . . . . . . . . . 19.g 1...
, ~' ~mm~ss ... ~ ~ ~
, : ~~~~ ' ~:
. '~~- . .,~~ - . . ~ .. . . . . . . . . . . . . . . . . . . . . . .
~~: ~IIf;Y FUE~;~. . C~~t~t.~..
.t~~l3- . ,{ OMMISS.~id ~ _-- -~. ~~, l..l --...---... Noca Public ......
S" a,~}) : c!~ .~NDED THROUuH bt:,.-.v...L .., -_ ~:; 7:.
, ~ -f •%~'`.Yi-' _~'j
/Spnce Heluu• Th~s l.ine Rrs~rv~d for I.~nAtr and Rte+u-dtrl
19E1 Fc~ ~ 7 P~' ~ i8
This Instrument Prepared by:
Thomas H. Nenson
First Federal Savings and Loan
Association of Fort Pierce, Florida :3.34~i0
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