The URL can be used to link to this page

Home My WebLink About2523~ 18. Aoceleratioa; Remedle~. B:oept u provided ia par~e~ph 17 hereot. upoa Borrow~e~'~ breach o! aq~r oovea~at ae a~reemeat ot 8orwwer in tbL Mort~~e. tacludia~ ehe ooveaaata to pa,~- wben due aq~r ~uma seoured bp thi~ Yott~~0. Lendee psior to aooolerattoa ~6R11 mail aodos to liorrower ru provided ta puw~raph 14 hereo[~pedb-Ia~: (1) tl~e bresc6; (S) the actloo requlred w cure sucli breacb: l3) s dats, not less th~a SO dw~ t~rom the d~te the aotice i~ malled to Borrowrer. b~- w-hkh ~uch bre~ch must be cured; and (4) thRt failure to cure ~uc6 breach on or betore ths date ~peciAed ia the aodos my rewlt in aooelerwclon ofchesum..ecured by chL Morc~e~e. foreclo~ure b~- judicial P~n~ ~ad ~aleofthePropeety.'P6enotbe~haU lY~rther inform Borrower of tLe ri~ht to retrutate ~Rer sooeleration and the ei~ht to sNSrt ia the [oreclo~nre ptooeedins tbe non-e~cisteaoe of ~ defiult or aq~r other detea~e of Borrower to e~oceler~Non sad ioeeclowra I[ tbe breacb L not cared on oe before the date ~peclAed ia We notice, Lender ~t Lender'~ opdoa ms~- declwre aU ot t6e wms ~eatred bp thL Yort~a~e to bs immedlate~,j- due aad p~yable wiWout turther demaud aad mq- foreclwa tbi~ Mo~~e by judklal proosedin~. I.eada~ ~h~ll be eatitled to oollect iA such proi.~eedins al! espease~ otforeclosure, inclndia~, but not limited to~ seawnable attoraey's fees. ~nd costs o! documentar~- evideaoe. wb~tracts ewd title reporta. 19. 8orrower'~ Ri~ht to Rei~utate. Not~ritlutanding Lender'~ aooeleratioa of the ~um~ ~scured by thi~ Mort~a~s. Borrower ~hell have the right to have any pmoeeding~ be~un by I,wder to enforoe thi~ Mortga~e di~oontinued at aay time prior to entry of a jud~meat enforcin~ this Mort~a~e if: (a) Borrower pays Lenda~ all sums which wrould be th~ due nadei thi~ Mo~a~a, ths Note ~nd notes ~ecurin~ FLtnn Advancea, if any, had no aooeleration occursed; (b) Borrower cure~ all breacher of aay oWes oov~anh o~ a~ebementa of 8orrower ooAtained ia this Mortgage; (c) Borrower pays all reasouable e:penees incurced by Leader in enforcing the oovenanb and agreemaat~ of Bo:rowe~ oontained ia thi~ Mortgage and in entorcing Lender's remedies aa provided in parsgiraph 18 hereof~ inclndias. bnt not limited to. rewonabls attorney's fees; and (d) Borrower takes such ac~tioa as I.ender may roasonably reqnire to aanre that the lien of thi~ Mortga~e. Lead~'~ intai~e~t in the Propaty and Borro~rer's obligation to pay the sums secured by this Moutgage shall oontinue unimpaired. Upon such p~ymeat and cnre by Boaower, this Mortgage and the obligations secvred hereby shaU t+~nain in tull foroe and dfect as if no sooelaration had oocnrred. 20. Assi~nmeat of Rents; Appointment of Reoeiver. A~ additional security here~nder. Borrowe: hereby as~i~ns to Lender the reata of the Propecty. pmvided that Borrower ahall. prior to aooeleretion under paragrsph 18 hereof or abandonment of We Property. have the ri~ht to coAect and retain ~ach rents as they beeome due and payable. Upon aooeleratioa uader paragraph 18 he:eof or abaadonment of the Property. Leader s6all be entided to have a reoeiver appoiated by a oourt to eaternpon. take posseesiou of and manage the Proparty and to oolleet the nata of the Proparty. inclnding tho~e pad dne. All renta ooUected by the reoeiver shaU be applied 5rst b payment of the oosts of maaaga~eatof the Property and aollectioa of raah. includint. bnt nd limited to. reoaiv~'s fees. premiums oa recaver's bonds and reawaable attoraey's fees. and then to the ~oms ~ecared by thi~ Mort~a~e.'1l~e receive: shall be lisble to aaoount only for tbose rents actually reoeived. 21. I~tare Advwn~s. Upon request by Borrower. Lender. at Leader's option within twenty yeare from the date of thi~ Mortga~e. maY mate Ifitnre Advanas to Borrower. 3uch I~ture Advances. with interast Lhereon. ihall be ~ecund bY this Mort~+i8e when evidenosd bY pmatissorp notes stating that said notes are ~ecured henbY. At no time ahall the principal sinount of the indebtedne~ secnred by thu Mortgege. not iacludiag ~ums advanoed in aocordanoe herewith to protect the sec~uit3- of t1w MorfBa~e. e:oeed the otiginal amonnt of We Note plw U.3.i ~~p 22 Release. Upon payment of all aums aecured by this Mortgage. Lender shall relesee this Mortgage aithont charge to Bormwer. Borrowa shall pay all coste of recordation, if any. 23. AtWrney's Fees. Aa used in this Mortgage and in the Note. "attomey's fees ' shall include attorney's fees, if any. which may be awarded by an appeUate rnurk IN W[TNESS WHEREOF, Borrower hea executed this Mortgag~ Signed, eealed and delivered in the presenoe of: -~:;/~~ r . . . . . (,l .,~ . . iC-~ . . . . . . . . . . ~ 1Nitness . . . . . ~~. .~.~. .~ . . . ~ . . . . . . . . wicneas , . ~ . ~. . . . . . . . .`` . . . . . . . . . . . (Seal) Rob rt E. Petri l lo -F. . . . . . . ~. . . . . . . . . . . . . . . . (Seal) Edna Petri 110 -B°"°"° St. Lucie STA7'E OFFLORID/~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . COIIIIty 88: I hereby certify that on thia day, before rue, an officer duly authorized in the atate aforeesid and in the county aforeeaid to take acknowledgemente, personally appeared . .. .Rot~r~, ~, . pe~.r.i ] 1.0. ~nd .E~lld. P.ekr. i a.lo,. .bis . r~i fe . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) deacribed in and who eacecuted the foregoing inatrument and acknowledged before me that .. tF1~yf ............ executed the same for the purpoae therein expresaed. ~ WITNESS my hand and o al s~`1 in the county and state aforesaid this . . . . . • • • • • • • •~l• ~• • • - • • • • • • • • - • • • • day of . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~-~.L. .~l: . . . . . . . . . . 19. .?l ~. Not~ry Ili6. SI~t~ ~f R~i~at L~ • My Commiasion ezpires: ~ ~o~~ E~~ ~. ~~ ~j - ,~~1. ~ c s~ b...e b ~..+u. f.. ~`Gn.r- c..t.., ~w~L~~, ~ ~, v I , '` ~~ 7 i• ~. S%yP /' :~~G~. •• . '•••, ~'~~ • t - :~ •,~'~t ~. ~ ~ t ~ ', / : r~ c T a~ t;'~ •. -~ . . ,;.~: ~~/`} M~~. ~ , ~•t. ~~ • • j ~ • I/~ ~ ~ . ! ~i• C ~_ , 4yr ~:°V 8 k~ 5 ~'" ," I (A•I~~ -' ` _ J • , ~r'., •~.Y.:~.t~ _ ~, ~; . ~ - ~.. ~i:' ;F^~t~ . +~f ~ ' ,- : ': j .~t Prepared by: Jerry G. Litrento ... ... ... ......~.,.._....~.-...-~--- -------'~ ~............. Haarr Pnw~~ lSpan Reluu~ Th~s Lina R~snvod Fo~ Lendn and Rec+ordtr) Firat Federal Savings and Loan Aasociation of Fort Pierce. Florida 33450 .~ , .. ~+ i_ j ` ~~ 348 p~~E 2521 - '=~..-~.~-.~~ .~ ~;=: = ~ i981 F~~ 17 P~' ~ 48 FILEC ~hi F•. ~u'1. D Sl.l~!~~f fCJfiFY.~; ~. ao~f_r~ rc~rx:.s•~ ClfnK L~RCUI? i:L•.,~ ~r ~:^: :: ~• : ~~ , ~- - - 51~311 ~ ~ t.~ ~~~.