HomeMy WebLinkAbout252718. Aoceleratioa; Remedies. B:cept aa proWded ia pua~raph 1~ heteot. upoa Bortower'~ breacb ot wq~- oovenaat oe
s~reemeat of 8orwwer in thi~ Mort~a~e. iacludiA~ the oovenaAb to piyr wrhea due aW- ~um~ ~ecured by thla ![ortt~e, I.endee
prior to aoceleretion sball ~nail aotloe to Borrower as provided ta puaRraph 11 hereof ~pedfyta~: (1) the bre~ch; (Z) the ~-Mioa
requtred to cure ~uch breach; (9) a date. ~ot leas tbeui 30 dgyr~ d~om the dato the notlce b malled to Borro~res. by ~rbich such
breeic6 must be cured; and (4) that fwllure w cure sucb breach oa or belore t6e dats ~peciAed ia the notlos a~~,~- re~ult 1n
aooeler~tioa o[the sww ~ecured by thL Mort~e~e, foreclosure by iudlcid prooeedia~ u~d ~ale of ths Propert~r. Tbe nodce ahaU
ftiuther lnform Borrower o! the ri`ht to reirutate sAer soceler~tioa and the ri~ht to awert ia the ioreclo~ure prooeedia~ tbe
~oa•e:istenoe of s detault or an,y othee detenae of Borrowes to aoceleradon ~nd foreclosure. If the breach is not cured on or
be[ore the date ~peciAed ia We aotice, Lender at Lender'~ optioa me~y declare st1 of tLe sunu secured by thL Mortsa~e to be
immediately due and payable without tutther demend and may foreclose this tdort~ate by judicisl prooeedin~. Leader ~hall ba
entitled to oollect Ip such proceedlna all e:peases of foreclwure, tacludin~. buc aoc limiced ~o, rea.onable auoraer~• tee.,.ad
coate ot documeatary evidence, abstracte aad title reporta.
19. Borrower•s Bl~ht to Rein~tate. Notwithatanding Lender's acceleration of the sumr ~ecured by t~tis Mottgage. Borrower shall hsve
the right to have any procaediag~ begun by I,ender b eaforoe this Morfgage disoontinued at any titae prios to entry of a jud~neat enforring
this Moctgage if; (e) Borrower pays Lender all sums which would be thea due under thia Mortgage. the Note and note~ securiag Phture
Advanas, if any. had no aoceleration occun+ed; (b) Borrower cvne all breachee of any othe: oovenaats or a~reements of Borrower coateined in
this Mortgage; (c) Borrower paye all reasouable e:penees incurred by Lender in eaforcing the oovenanta and agreemenb oi Borrower
coatained in this Mortgage and in enforcing I.ender's remedies as provided in paragraph 18 hereof. including, bnt not limited to. reawnabls
attorney's fe~; and (d) Borrower takea auch action as Lender may reasonably require W aesure tha! the li~ of this Mortgage. I.ender'~ intere~t
in the Property and Borrower's obligation b pay the eume secured by this Mortgage shaU rnntinue unimpaind. Upon euch paymeat aad care •
by Borrower~ this Mortgage aad the obligations secured he~eby ahall nmain in tuU foroe and eftect as if no aoceleration had oocurred.
Z0. Assignment ot Renta; Appointmeat of Aeoeiver. Aa additional security henunder. Borrowet hereby astigas b Lender the renta
of the Property. pmvided that Borrower ehall. prior to aeceleration under paragraph 18 hereof or abandoament of the Property. have the right
to rnllect and retain such rents as they become due and payable.
Upon aoceleration under paragraph 18 hereof or ebandonment of the Proprrty, l.ender shall be entided to have a reoeiver appointed by a
oourt to enter~pon. take poseeesion of and manage the Property and to oollect We reats of the Proparty, including Wose paat due. All ~nte
rnUected by the receiver shell be applied firet to peyment of the ooats of management of the Property and collectioa of rents, iaclnding. bnt not
limited to. receiver's fees. premiums on receiver's bonds and reasonable attorneyr's fces. and then b the aums tecured by thi~ Mortgage.lbe
receivu shall be liable to aooount only for thoee reate actualiy received.
21. Phtne~e Advancea. Upon requeat by Borrower. Lender, at I.eude~s option within twenty years imm the date of thie Mortgage. may
mate F~ture Advances to Borrower. Such I~1tun Advaacee. with interest thereon, shall be secured by this Mortgage when evideaoed by
promissory nM~es stating that eaid notes are eecured hereby. At no time shall the principal amount oi the indebtedness aecured by this
Mortgage. not including snms advanc~d in aocordence herewith to pmtei.t the security of Wis Mortgage. e:oeed the original amount of the
Nof,e plus U.S.~ Nnno -
22. Releaee. Upon payment of ali aume secured by thie Mortgege, Leader ehall releaee thie Mortgage wifhout charge !o Bormwer.
[3orrower shall pay all costs of recordation, if any. '
23. Attorney's Feee. As ueed in this Mortgage and in the Note, "attorney's feea" shall include atLurney's feea, if any. which may be
ewarded by an appeUate court.
IiV WITNESS WHEREOF. Borrower has executed this Mortgage.
Signed, aealed and delivered
in the presence of:
.. .... .... ...~_.. . .... . . ...
~ VNitness
... ..........~ ............... .
. . . . . . . . . ~ Witness
/~/ J~'1 ~
. . ~..,.1~ . . .~ . . . . . . . . . . . . . . . (Seal)
ORA WM. RICHMOND, JR . -~-Q
:~.^.,{l.Y:.~ ., .....~''~!'~-/.. (seal~
/~~ . . • _~K
~ SHARON L. RI MOND
STATEOFFLORID/~ ....... .. St. LuCie ...................... County as:
I hereby certify that on thia day, before rr~e, an officer duly authorized in the state aforesaid and in the county aforesaid to
take acknowledgementa, peraonally appeared . . . .Ol".d. WIU.. .Richonnd, . Jx:. ,. .and . Shanon. .L. - .Richmand., . his • wi fe ,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) deacribed in and who executed the
foregoing instrument and acknowledged before me that ...~h~Jl --•--•••-••• executed the same for the purpose therein
expressed. 3 ~
WITNESS my hand a~n~d c~ seal in the county and atate aforesaid this . . . . . . . . . . . . ... ~ .. ... . . ... . . .. . . day of
.........................'T!-!:~l~..... ........... ,19.~~. . , ~
~~C~ .
:V1y Commission expires: Nrtrf Ilii~, Sy1e Q l1a~ ~~
-.~,. M~ 4..~:~:. E.A,. M... 16. 19~2
`~`,`C~~ .. ,~~~V`~ ~.~.~e ~ ~.rr ti a~cr. c....~
_`1 •
~ •~s~~~rfi~ ti'~~i>~~~t
~ ^j ~ s -- ---
'J:~~ AL~S 1.. =~`7.
~~~• ti v .=~n t' ~'-,~y~
,. - • ~ -~ ~~
n ' ' e~~repared by:
.j t"~aro~ fore
. ~ ,
...~...~_..~.c..... -- -...,.~ ~ .... . . ..... ....~..._.._.. . .
Notary PuWic
ISpata B~lou• Th~s /.~na Htsvrotd tor /.~ndrr and Rat+nrd~~)
Firat Federal Savinga and Loan
Aasociation of Fort Pierce, Florida :i3450
.~
r '
~ ~
1981 f~C 17 P"r~ ~ 48
i~tEi ~~[ "~~+~[~ED
St.lu~i[ rr,i;~,tY.Fih.
RUGER POtTR•~S
. CLEhK C~+tC~, ~ COCR ~
~~~~~ •, ~ r ~ . . -
51~312
~ ~ " oQ~xtJ48 PA6'F~~~S m
~~ . ~ .~~ ... _ ~ ~, , ~ ~ _:~
~ ~
i
~,
_ - :-+,~