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Now-Uh~FOtt!w CovEti~!vTS. Borrower and Le~der further co~enant and agrce u follow-s:
19. Accelention; Rcmedits, l.ender shfll gire notice to [io~rower prior to scceleration fo{lowing BorroMer's
breacA ot any to~enant ot a(treemt~t in tbis Secu~ty Instrun~ent Ibut not p~ar to ncttltration under pangnphs 13 and 17 '
unless aPplicable Isw prnvides otherwise). Tht sotire shall specify: lsl tht dtfault; Ib1 the actiort ~equired to cure the
default; (c) a date. not !as tl~an 30 days tro~n the date the eatice is Riven to Borrower. by which thc dcfault must be cu~ed;
and td) that feilure to cure ibe default oa or betore tbe date sptcified in the notice may result in acce;eration ot the sums
secured by this Security Instrumeat, foreclowrt by judiciaf procecdinR pnd sale of thc Property. The notice shall furthcr
inform Borrnwer of the right to reinstate afte~ accele~ation ~rad the ~ight to assert in Ihe fureelosure procecdinR the non-
existence oi a default or any otbt~ defensr ot Bo~rower to acreleration aad toreclosure. if th.• dciault is not curad on or
before the date specified in the natict. I.ender at its option tnay ~equire immediate paymcnt in fuli o! all sums secured by
this Seturity lnstirument Miihoat furtMcr de~nand aad may toreclose tbis Security lnstrum..it by jodicial procceding.
L.r~de~ shall De entitled to coilect all expenses incurred in pursuinR the remedia providcd i~n t6is ppragr~ph 19, including.
but nflt limited to. reasonablc at~arneys' ftes and costs of titk evidc~ce.
20. Lcrtde~ in I'ossession. U~n acceleration under paragraph 19 or abandonment of the Propeny, Lender (by
judicially appoi~teai receiver) shal! be entitleJ to enter upon; trke ~ssession of and man:?ge the Yropeny and to collc~:t the
rents of the Property including those ~ast duc. Any rents collectcd by Lender or the rereiver ~ha11 be applied first to
payment of the costs of m~nagement of th~ 1'roperty and cc~llcctian of rents, including, but no! limited to, receiver's fees,
premiums on receiver'c bonds and reasonable attorne~~i fecs, and then to the sums secureci b~• thic Securi~y lnstrument.
21. Relesse. Upan paymrnt of all cums cccurcd by this Sccurity ln~~rumcnt, LenJer tihall rclcase this Security
Instrumtnt w•ithout charge to Borruwer. E3orrower shall pay any recurJa~ion costs.
22. Attorneys' Fees. As uscd in this Serurity Instrument and the Notc, "attorne~~ti fees" ~h:tll incluJc an~ attorne~•s'
fees aW~arded by an apprllate cuurl.
IN WITNESS HEREOF the mortgagor has caused these presents to~•''
be executed in its nar.~e, and its corporate seal to be hereunto affixe~l,
Si n~sraled and ddiver in the resence oG b its Y'o er of f ieers thereunto Y'~Ll j ' f' ~
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~ authorized, the day and year f~.rs~.•~b~e • ~
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ATTEST : - •
Bevexly E. Zbul Secretary ~{~t1 •r: y
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~ STATE OF Florida ~
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~ St. Lucie COUNTY
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I hercby c~rtify that on this day. beforc an oftice duly uth rized inch~ state af e id and jp th~cou~y ~resaid to take
acknowledgements, persor:a3ly appeared ....~ernon ~F'. 'I~ou~son, Jr. an~ ~ever.i~ . T~u son .
well lmvwil to me to be the ~Pres~c~ent and~ Secr~ ,~y resZ~ctiv+el of the Cor~oration
nan~ed as mQrt aqor in the foreaoing ins~~nent ~ and t1~t several~y a~~,,~led-q
ed execlit}.ng
the same~ irr, ~ri~ tr~ of two sub~cribu~ w~.*~sses, freelx and volimtarily imd~r authori±y
duly v~ste~ in th~ bv ~azd corporation and that the seal~aff thernto is the tn~ corporatE
seal ot said c~or~oratio~.
WI~S nq hana and official seal in the Camty and Sta ast ~~.ad this~'L2 day of ~
. Ap~il , 1985. ~~~~A~~.
. . .
' Notary PuDlic
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