HomeMy WebLinkAbout0951 NoN~UNIFORtH Cov~NANTS Borrower and Lendu further covenant aad agree as folloMrs;
19. Accelention; Remedfes. I.ea~er shall gire notice to Bormwer prior to ~cceleration following Borrower's
breach of any tovenant or agreement is tbis Security Instrument (but not prior to accele~ation unde~ puagraphs 13 and 17
unfess applicable law prorides otherwise). The aotice s6a11 s~cliy: (a) the defaulh (b) the action reQui~ed to cure the
default; (cl a date, not less than 30 days from the date ths aotlce is giren to Borrower, by which the default must be cured;
aad (d) that failure to cure the default on or before the date speciHed ln the notice may resuit in ncceleration of the sums
secured by this Security last~ument, foreclosure by judicial proceeding and sale of the Property. The notice shall further
inform Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure prceeeding the non•
existence of a default or any other defense of Borrower to acceleration and foreclosure. If the default is not cured on or
belbre the date specified ia the notice, Lender at its option may require immediate payment in full of all sums secured by
this Security instrument without further demand and may foreclose this Security Instrument by judiciai proceedin~.
L.ender shall be eatitled to collect all expenses incurred in pursuing the remedies prorided in this paragraph 19, including.
but not timited to, reasonable attorneys' tees and costs of title evideace. ~
20. Lender ia Possession. Upon acceleration under paragraph 19 or abandonment oP the Property, Lender (b~~
judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the
rents of the Property including those past due. Any rents coltected by Lender or the re~:eiver shall be applied first to
payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fcrs,
premiums o~ receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument.
21. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release ihis Se~:urity
lnstrument 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 inctude any attorneys'
fees awarded by an appellate court.
23. Riders to this Seeurity Instrument. If one or more riders are executed by Borrower and recorded together with
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(s) were a part of this Security
Instrument. [Check applicable box(es)J
_ Adjustable Rate Rider j Condominium Rider ~ 2-4 Family Rider _
C Graduated Payment Rider Planneci Unit Development Rider
U Other(s) (specifyJ
BY SIGNING BELOw, Aorrower accepts and agrees to the terms and covenants contained in this Securit~~
Instrument and in any rider(s) executed by Borrower and recorded with it.
Signed sealed and delivered in the presence of: ~
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- . ............................~•(Seal)
~ ~ , Paul Morris, Sr. -~~~oWe~ !
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-i2'.~~~.......r. (Seal) I
Grace E. Morris -~~~OWe~
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STATE F LARIDA, , , , , , , , , , , , , , , ,St . Luc i e . County ss: ~ I
I hereby certify that on this day, before me, an officer duly authorized in the stafe aforesaid and in the county
aforesaid to take acknowledgements, personally appeared Paul Morris~ Sr. and 6race E.
; .............Morr.i.s,.his. Nife
i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the
' foregoing instrument and acknowledged before m~ that ,,,.they. executed the same for the purpose therein
expressed.
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~ WtTress my hand and official seal in the county and state aforesaid this ...._...._.15 th day of
April........ . 19,85..
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~ My Copnmission expires: '
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