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HomeMy WebLinkAbout0990 p~l~~~s V.~`~r.l.i. Noti-Uh~rortH CovE'.~NTS Borrower and Lender further corenant and agree as f~~IloH~~ 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration folloNing Borrower's breach of any covensint or agreement in this Security Instrument (but not prior to acceleratian under paragraphs 13 and 1'l unles.s applicable law provides otherwise). The notice sball specify: (a1 the default; (b) the action reQuired to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower. by w•hich the default must be cured; and (d) that failure to cure t6e delault on or before the dxte speciRed in the notice may result in acceleration of the sums secured by this Security Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shell further inform Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure p~oceeding the non- existence of a default or any other defense of Borrower to acceleration and foreclosure. If the defeult is not cured on or before the date specified in the eotic~e. Lender at its option msy require immediete payment in full of al! sums secured by this Security lnstrument without further demand and may foreelose this Security lnstrument by judicial proceedinR. I.ender shall be eatitled to coUect all expenses 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 Proprrt}•, Lender (b~~ judicially appointed receiver) shalt be entitled to enter upon, take possession of and rttanage the Yroperty and to c~~llect thr rents of the Property including those past due. Any rents collected by Lender i~r the rc~ei~er shall t~ applied first to payment of the costs of ma»agement of the Property and collection of rents, including, but not limited tu, recei~~er's ferti. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by~ this Sc~urity Instrument. 21. Retease. Upon payment of all sums secured by this Security Instrument, Lender shall reteatie this Sccuritt Instrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' feec ' shall include anp attorne~~~ fees awarded by an appellate court. 23. Riders to this Serurity Instrument. If one or more riders are executed by Borrow~er and recorded together w ith this Security Instrument, the covenants and agreernents of each such rider shall be incor~rated inta and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) w•ere a part of this Securit~~ Instrument. [Chec:k applicable box(es)] ~ _ ~ Adjustable Rate Rider ~ Condominium Rider ` 2-4 Famil~~ Rider ` j Graduated Payment Rider j Planned Unit Devetopment Rider 1 Other(s) [specify] Bti' SIGNING BELOW, Borrower accepts and agrees to the terms and co~~enants contained in this Securit~~ Instrument and in any rider(s) executed by Borrower and recorded with it. Signed, sealed an livered in the presence of: L:~ . , . . r_... ..(Sea!) . HEMANT P. GUNDAVDA -~~~awe~ ..~alY~.~1~~....'..............----~~(SeaU CHA~=#ULA H: GUNDAVDA -so.,oWe, STATE OF FLORIDA, _ COU11[y SS: $t. Lucie ( hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared HEMANT P. GUNDAVDA and CHAULA H. GUNDAVDA, his wife , to me known to be the person(s) described in and who executed the foregoing instrument and acknowfedged before me that they executed the same for the purpose iherein ex- prPssed. WtTrvESS my hand and officia! seal in the county and state aforesaid this 3fl ~ day ot' April , 19 85 . . - • ~ - ~ ~ My Commission expires: - , Or ~.c~c~ ~ ~ .Q a....~ ~ Lo4~i~ ~ • c ~ . : d07ARY P_USUC STATE QF fLORIDA AT WR•".,~ Notary Public Y' . j': C>~ i~ " ~ (Seal) MY COMr,~,iSStOt~ EXPt;ci~ pcC "s.0 1~35 `~j, r~ ~ - @Ot~;DiD Ir,~tu G~:~.t.;~ . ~,.,;~K:;K~.~zs ' ' ' r y'. ~ . ~ / • - r-~~ . ~ , ~ '85 MAY -2 P 3 :36 ~ FILE^ : L _ _ ROGER T . ~ SL Lt1C;~ C,-. , ' '7U4146 ~ i BL'OK ~~J PaGE e~Oly i ~ ~ ~ ~~h ~ ~ ~ ~x~~~``~