HomeMy WebLinkAbout0950 , ho:~•UNlFOR4t COVENANTS. Harrower and Ltnder furthtr covcnant and agrce ac Wllaws:
19. Acceleration; Remedics. Lender sha11 give not~e to Borrowe~ prior to acccleratiun foiluwinR QurroNer's
breach o[ any coven~nt ag~eement in tt~is Security ~Instrun?ent (but not prior to acceter~tion under parngrapfis 13 and 17
unless applicabie law prorides otherwise). 'Tht notice shall specify: (a) the defaulh (b) the action requi~ed to cure the
default; (c) n date, ~ot less than 30 days trom the date the notice is giren to Eiorrower, by which the def~ult must be curcd;
~ and (d) that failure to cure the default on or befo~e the date spccified in the notice may resuit in acceleration~of the sums
secured by this Serurity Instrament. foreclosurt by judicisl proceeding and sale of the Property. The notice sfiAli turther
into~m Iiorruwe~ oi the right to teinstate a(ter accelers?t+on aad the ribht to asserr in the fuccclosure proceeding the non-
existence of a def~ult or uny other defense of Borrower to acceleratiun and foreclosure. If the default is ~ot cured cin or
be~ore the dAte specified in the notice. Lende~ at its option may requi~e immediute payment in full of all sums secured by
tbis Security Instrument withaut [urther demand and may foreclose thit Security Instrument by judicial proceeding.
Lender sfiall be e~titled to collect a11 expenses incurred in pursuing the remedies provided in tfiis paragr:~ph 19, including,
but not limited to; reasostable attorneys' fees und costs of tit{e eridence.
24. Ler.sler :n Yossession. Upon aeceler;etion undcr paragrsp~ tg ar absc~~~r~«i~tit vf ttie Fropetiy. ~.cndcr (by
judicially ap{winted receiver) shall be entitled to enter upon, take posse~sion otand man~gc the Yro~rty and tu coll~~c:t tii~
rents of the Property including those past due. Any rents call~~:ted by Lender or thr recriver shall be appliccf first to
pa}~ment of the costs of management of the Property and colltetion of rents, including, but not limited to, rectirrr's fees.
premiums on receive~'s bonds ar.d ~easonable attorneys fees, and then to th~ sumS secured by this Sccurity Instrument. • .
21. Release. Upon payment of all sums secu~ed by this Stcurity Instcument. Lender shall releast this Sccurity
Instrument without charge to Borrower. Borrower shall pay any recordation costs. ~
Z2. Attorneys' Fees. A's used in this Sccurity Instrumcnt ~nd the Notr. "attorneys' fees" shall include any attorneys
ftes awarded by an appellate court. _ ' ~
23. Riders to this Security Instrument. If on~ or more riders are executed by Borro~vrr and recorded together with
this Security Instrumtnt. the covenants and ag~eements of each such rider shall be incorporated into and shall amend and
supplement the coven~nts and ag~eements oC this Security Instrument as if the rider(s) werC a part of this Security
Instrument. [Check applicablc box(a)]
[X] Adjustable Rate Rider Condominium Rider - ~ 2-d Family Rider ~ . , •
Graduated Payment Ridec Plarined Unit Dcvelopm~nt Rider ~ ~ -
- Other(s) [specify] ~ . . •
BY SiGNING BFtow~ Borrower accepts and agrees to tht terms and covenants containzd in this Srcurity .
Instcument and in any rider(s) executed by Borrower and recorded with it_
Signed. led an liver in the en e of: .
? \ (~f'Gt Q~ ? ~ ~ ~v _ .
~~'.`."1 . .~':.`:Yl... Seal
. . . ( ) .
~ PEI~It GRE00 a/k/a PE'I~R L. ~.b •-8arowtr
.
~
~ . . . . ~ 4...
...(Seal)
IDA (~100 a/k/a IL~A . Q~0 - - -e~~~"~* ~ .
(Space Bebrr Th~s tint For Acknowledgmentj ~
STATE OF I~V JERSEY ~ D C`~
~~~t--Z~ County ss :
I hereby certify that on this day, before me, an officPx duly auth~rized in .
' the state aforesaid arr3 in the oounty aforesaid to i:ake ac~awledcpnents, personally .
~ appeared PElER GT~E700 afk/a PET~R L. G~DO~ ar~d IIaA GRE~C.`O a/k/a II)A M. ~G~UO, his wife,
~ • to me la~own to be the persons described in and who executed ~he foregoing instrutient .
ax~d ac}aiawledged before me that they executed the sa~ie for the purpose therein expressed.. ,
. ! ! L-.~
( . . n
`f . w~~ my tiari~ar~d official seal in the oounty arrl state afor~aid this ~ g~/ -~'yc"~
:day; o~~- August; 1984 . .
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~ ..`My ~ission expires: State of New Jersey at Large - ~
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^ NOT::;Y ~ . t::.% JERSEY -
k My Commisaicn =,:~es Juna 6 15~
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