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HomeMy WebLinkAbout0942 . ~ • , i ~ . : ~ Ni~~ Uti1t~~R~1 Cu~ F:~n~ u&~rruNrr and Lcndrr furthrr c~~~rnant and agrrr a, I~~IIuH. 19. Acceleration; Remedies. lxnder shal) give noticc to Borrow~e~ prior to acccicration folluwing f)orruNer'~ breach otany covenant or agrcernent in this Security Instrument lbut not prior to acceleration under pAragraphs 13 and 17 unfess applicaDle !aw prorides otherwise), The notice shall specify: (a) the default; Ib) the actiun requir-rd to cure the det~ult; (c) a date, not less than 30 days from the date the notice is given to Borrowe~. b~• w~hich the detault must be cured; and (d) that failure to cure the default on or before the date specified in ihe notice msy result in acceleratiun of the sums secured by this Security [nstrument, foreclosure by judicial proceeding and sale of the Prope~ty. The notice shall further inform Borrower of the right t~ reinstate sfter acceleration and the right to assert in the foreclosure proceeding the non• existence of a default or any other defense of Borrower to scceleration and foreclosure.~If the default is not cured on or before the date specified in the notice, L.ender at its option may require immediate payment in full of all sums secured b~~ this Security Instrumeat without further demand and may foreclose this Security I~strument b}~ judicial proceeding. Ixnder shall be entitled to collect al! eYpenses incurred in pursuing the remedies provided in this paragraph 19. includinR, but not limited to, reasonable attorneys' fees and costs of title evidence. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Propert}~, Lender (by judicially appointed receiver) shall be entitled to enter u~n, take possession of and manage the Property and ta collert the rents of the Property including those past due. Any rents collected by Lender or the recei~er sl~all be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, re~civer's fres, premiums on reti:eiver's bonds and reasonable attorneys' fces, and then ta the sums secured by this Security Instrument. 21. Release, Upon payment of afl sums secured by this Security lnstrument, Lender shall relrase this Securit~• (nstrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include an} attorneys' fees awarded by an appellate court. 23. Riders to this Security Instrument. lf one or more riders are exc~;uted by BorroHer and recorded together w ith this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(sj were a part of this Securit~ Instrument. [Check applicable box(es)] F:{HIBIT A ~ Adjustable Rate Rider ~ Condomii~ium Rider EXHIBIT C ` 2--4 Famil~ Rider ~I Graduated Payment Rider ~ Planned Unit Devetopment Rider Other(s) [specify] ARM RIDER TO NOTE AND SECURITY INSTRiTMENT - EXHIBIT B BY SIGNItiG BELOw, Borrower accepts and agrees to the terms anti co~~enants contained in this Securit} Instrument and in any rider(s) executed by Borrower and recorded with it. ~ ned, sealed and delivered in the presence of: ~ . ...r . . .........................:............................(Seal) _ ' TI -BOrrower . ~1,C.T:` CC-.. C,~2~'71.,~ ~r"..... . . . ~ . . . . ` . ' ..(Seal) ~ i IA PIZZIMENTI -eo.~o,~e~ (Space BNow This line For /lcknowledgment) STATE OF '~C~0. ~ i , COUNTY OF t'~c~o,,,'-~,,~ .I I hereby certify that on this day, before me, an officer duly authorized in f; 4 the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared FRANK PIZZIMENTI and MARIA PIZZIMENTI, his wife, to me known to be the persons described in and who executed the foregoing instrument and acknowledged before me ~ - tha~ they executed the same for the purpose therein expressed. ~ E ~ " ~ t ~ 't~I'I~IFSS my nand and official seal in the county and state aforesaid thisJ ~O E ~ day of October, 1984. ~ - - € ~ - . My_,"Com!aission expires. ~ • ? ~ ! Notary Public ~ ~ (Seal) ~ i dOiFRY PUeIlC Sii+~: E~ ~ MyCO!r ~,~Sl~'i:x;:.,~. . i-_ eor:~~n T~~ . ~t t•:s , L~ ~:~•.,f;-_~. ~ 44~ ~E 9~2 ~ - - - _ _ ~ T~ ~ r ~ ~ . ~ . t,~ ~~..h.,:.~. •:~ti -~.~s t , ~ ' ~