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and are not to be used to interpret or define the provisions
hereof. `
14. Notice. Except for any rtotice required under applicable
law to be g ven in another manner, (a) any notice to Mortgagor ~
provided for in this Mortgage shall be given by mailing such- ~
notfce by certified mail addressed to Mbrtgagor at the Property .
Address or at such other address as Mortgagor may designate by
notice to Lender as provided herein, and~(b) any notice to Lender
shall be given by certified mail, return receipt requested, to
Lender's address stated herein or to such other address a8 Lender `
may designate by notice to Mortgagor~as provided herein. Any ~
~ notice provided for in this irbrt~age shall be deemed to have been ~
given to Mortgagor or Lender when gfven in the ma~ner designated
herein.
Severabilit . This Mortgage shall be ;
15.. Governin Law; ~
governed by t e aw o t e juris ict on in which the ' Property is ~
located. In the event that any provision or clause of this
Mortgage or the Note conflicts with applicable law such conflict ~
shall not affect other. provisions of this Mortgage or the Note
which can be given effect without the conflicting provision, and
to this end the provisions of the Mort9age and the Note are
declared to be severable. ~
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~16. Mo~qor's Copy. Mortgagor shall be furnished a con- ~
formed copy o~ the Note and of this Mbrtgage at the time of execu- ~ .s
tion or after recordation hereof. - ~i
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17. Transfer of the Property; Assumption. If the Note and !j
this Mortgage are sold to Barnett Banks Trust Company, N.A., as
Trustee (the "Trustee") for the Florida Housing Finance Agency ';i
(the "Agency"), the Property securing the Note may be transferred
_ to any person purchasing the residence without acceleration of the ~
balance due under the Note only upon }he written approval of J.I. ~
Rislak Mortgage Service Corporation as servicer (the "Servicer") ~
under a Program Administration and Mortgage Servicing Agreement t
dated as of June 1, 1982, acting on behalf of the Trustee as mort- ~
;
gagee. Such approval shall be granted by the Servicer, acting as ~
agent and attorney-in-fact of the Trustee as mortgagee, provided .
that any such transfer to any person purchasing the Property sub- !
jec~ to this Mortgage shall be approved only if ( i) the Property ~
being acquired is a single family Residence within the meaning of ~
~ the Mortgage Origination Agreement dated as of June 1, 1982 ~
between the Agency and the Lender at the time of the assumption, _ ~
(ii) the requirements of Section 4.02 and Section 4.04(b) of such =
Mortgage Origination Agreement, which is hereby incorporated by ;
reference, are satisfied, (iii) the mortgage loan continues to be
insured under the insurance policies described in the Mortgage
Origination Agreement and approved by the Trustee, (iv) the
conveying mortgagor, as seller, and the purchaser, as mortgagor, ~
exeeute and deliver affidavits substantially similar to those
required by the Mortgage Origination Agreement and (v) the pur-
chaser agrees to restrict assumptions by any subsequent.purchaser ~
in the same manner as provided herein. ;
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If Lender exercises such option to accelerate, Lender shall
mail Mortgagor notice of acceleration in accordance with paragraph
14 hereof. Such notice shall provide a period of not less than 30
days from the date the notice is mailed within which Mortgagor may
pay the sums declared due. If Mortgagor fails to pay such sums
prior to the expiration of such period, Lender may, without fur-
ther notice or demand on Mortgagor, invoke any r.emedies permitted
by paragraph 19 hereof.
18. Tax Covenants. Mortgagor covenants that Mortgagor will
not take any action which would (a) cause Mortgagor's representa-
tions to Lender which evidence compliance with .the Mortgage ,
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