HomeMy WebLinkAbout0917 NU\-L1NIFt)RM COV[NAN7S Borrower and I_er.der `urther cuvenjnt and agrre as foll~~H~:
19. Acceleration; Remedies. Lender shall give notice to Borrowrr prior to acceleration folloMing BorroNer's
~reach of any covenant or agreement in this Security Instrument (but not prior to arceleration under paragraphs l3 and 17
unless applicable Iaw prorides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
defnult; (c) a date, not less than 30 days from the date the notice is given to Rorrower. by which tl~e default must be cured;
and ld) that failure to cure the default on or before the date specified in the notice ma~~ result in acceleration of the sums
secured by this Securi[~~ Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shali further
inform Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure proceeding the non-
existence of a default or any other defense of BorroNer to acceleration and foreclosure. If the default is not cured on or
before the date specified in the notice, I.ender at its option may require immediate pa~~ment in full of all sums secured by~
this Security lnstrument without further demand and maf~ foreclose this Security Instrument by judicial proceedinR.
I.ender shall be entitled to collect all expenses incurred in pursuing the remedies provided in cnis paragraph 19, includinR, ,
but not limited to, reasonable attorneys' fees and costs of title evidence. I
20. Lender in Possession. U~n acceleration under par,?graph 19 ~~r abandunment of the Yrupert~. Lender (b~
judiciall~• appointed receiver) shal! be entitled to enter upem, takr ~u~tie~siun oiand manage the Propert~ .~nd t~~ cc~llrct the
rents of the Property including tho~e patt due. An~• rentti coll«tecl b~ I_endrr i~r th~ rerri~er shall be applied tir.t te, ~
pay~ment of the costs of management of the Pr~~~erl~ :~nd iofl~cti~~n ~~f rentti, inrluding, but nut limited to, recei~er'. fe~ti,
premiums on r~.tieiver's bemds and rra~onable atturne~~s' feeti, and then ti~ thr wms ~erured h~ thiti Serurit~ Instrument.
21. Releuse. 1.1~wn payment of ~ill su~m ,erured h} thi, Serurit~ Intitrument, L~nel~r sh.ill relea~e this Sr~urit~ I
Instrument without chargr tu Burrower. 8orruwer shall ~a~ an)~ rer~~rdati~m ~u.t;.
22. Attorneys' Fees. A~ used in thi, Securit}~ Instrumcnt and tnr \~~tr. "att~~rne~ s' fee~" .hall inrlude an~ att~~rnr~,'
fees ~w~arded b} an appellate court.
23. Riders to this Seeurity~ Instrument. If one c~r mc~re riden arr r~r~uted b~ R~~rro~~rr .ind reccrded togrther ~~ith
this Securit~~ Ins;rument, the co~enantt and agreement~ c~f ea~h w~h n~fer tihall b~ inrarp~~rateel int~~ ~+n~i .hall amrnd and
su~rlement the covenantt and cigreements uf this Securit~ le~trum~nt a~ if the rider(~) ~~ere .i ~~rt ~~t~ thi~ Se~urit~
Instrument. [ChcYk applicahle tx~x{e~))
X7( Adjustable Rate Rider _ C~md~~minium Ridcr ?--1 f=amil~ Ridrr
G~aduated Payment Rider YI:IIIRtI~ <iI11I I)e~elu~mcnt Kiei~r
Other(s) [,pecif~ J
B~~ Slc;~l~c; [3Et~~~~. Bi,rn~~ •r ac«~+t, ancl agr~e, t„ th~ trrm an~i ~~nen:tnt~ r~,ntained in thiti Se~curity ~
Instrume~it ai d in an~• rider(s) ex~cu ~ B~~rrc~aer anel rcc~~rdecl ~~itt t. V• •
We e D velopment ~ a nc ~ r~, . ~
Signed. . ed an i~ ed in th r. r~~; , _ -
. . . . . . . .~T.~~. . ~ . ~
. . . . . . . . . . . . . . . . . . 8l': . . . ~~~~f~'1 . ` . . .yt . . . . - , : - • . ~ ( Seat~ . ~
~ Witness J t~s President ,
C- i. /
~ ,if i ~ ~GQ: . . . . . t~ .G-C. . . . . . . . . . . ATTE- ST . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ Seal) .
. . . . . . . . . . Witness tts Secretan'
~Corporatc Seal)
~ >r:~TE oF FLORID~ co~?~T~~ oF ST. LUCIE
E 1 1{EREBY CERT(Fl', that on this 28th dd~. ~r December , A.D.
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f 84 , before me personall~ appeared _ W1111 drn E. Edge and _
; e~pecti~~ely the President and Secretan~_ .
r Wedge Development Company, Incorporated a rlorida ~o,.~
' ,~raiion, to me know n to be the persons described in and ho ezecuted the foregoing instrument and se~ eralh~ acknow ledged the execution thereof
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F be their free act and deed as such ofFicers for the uses and purposes therein mentioned: and that the} aflixed thereto the ofTicial seal of said
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, _~~r~ration, and the said instrument is the act and deed of said corporation. / _
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~ ~t'lTNESS m}• hand and ofTicial seal in tne count} and state aforesaid
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p ~t} Commission expires: ~ r:''.~:' ` • • - f_ { ~h 1985 ~ ~ ` _
~ ; . ; • . y~y ~ a'"'1: . . ~K, Notary Public
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