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()l1E UN F'UkTI1F:R f:!JCU~1t~kANCE: F:11)f:R
NU'TICE: THIS RIDER ADDS A PROVISION TU TNE 5ECURITY IhSTRU}iHNT
PROHIt3I'fING 7'HE ~30RFtOh'ER FROM FUFCI'HER £t7CUMBE:RING THE PRUPEKTY.
This Rider is :,ade this 19 day of Fenruarv • 198._5_•
and i s i ncorporated i nto and shal 1 be deeT~ed to am~.~nd and suppl e-
r~ent the Mortyage, Deed of Trust, or Deed to Secured Debt (the ,
"Security Instru~nent" ) of the same date yiven by the undersigned
( the "BorCOweL"~ ) to Secure BoCrower' 3 Note to FIRST FIDELITY SAVINGS ,
AND LOAN ASSOCIATION (the "Lender" ) Of the same date
( the "Note" ) and coverin~ the property described in the Security ~
Instrument dnd lOCated at 3460 Menendez Avenue, Fort Pierce, FL 33450 .
( Property Adclress)
In addition to the covenants and ayreements r~ade in the
Security Instru~ent, Borrower and Lender further covenant and
agree as follo~as:
A. PROHIBITION OF FURTHER ENCUHBRANCE
The Security Instrwnent is amended to include the following
as an additional covenant o£ Borrower:
24. Agreement Not to Further Encumber. As part of the
~ inducement for Lenc~er to Make the Loan evidenced by the Note and
~ Mortgage, Borrower covenants and agrees not to mortgage, finance,
' or otherwise further encumber any interest (either legal or
~ beneficial) in or any part of the Property, without the prior
~ written consent of Lender. In the event any such encumbrance is
! made by the eorrower, Lender, at Lender's option, may declare all
; the sums secured by the Mortyage to be immediately due and pay-
; able. If Lender exercises such optiQn to accelerate, Lender
I shall mail Borrower notice of acceleration in accordance with
~ paragraph 14 inereof. Such notice shall provide a period of not
~ less than thirty (30) days from the date of notice is mailed
~ within which Borrower may pay the sums declared due. If Borrower
! fails to apply such sur.?s prior to the expiration of such period,
E
! Lender may, without further notice or demand on Borrower, invoke
~ any remedies permitted by paragraph 18 of the Mortgage.
~
~ IN WITNESS ~:HEREOF, Borro~.~er has executed this Rider.
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