HomeMy WebLinkAbout0937 Nc»-Utiif c~K~~ CovctiA;~ rs Burrower and Lender further co~rnant and agree as follo~~~:
19. Acceleration; Remedies. I.ender sfiall give notice to Borrower prior to acceleration following Borrow~er's
breach of any covenant or agreement in this Security Insteume~t (but not prior to acceteration under paragraphs i3 and I7
unless applicabie I~w provides otherwise}, 1'he notice shatl specify: (a) 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 which the default must be cured;
and (d) that failure to cure the defauit on or before the date specifled in the notice may result in acceleration of the sums
secured by this Security Instrument, foreclosure by judicial proceeding aad sale of the Property, The notice shall furtWer ~
inform Borrower of the right to reinstate after acceleration stnd the right to assert in the foreclosure proceeding the non-
existence of a default or any other defense ot Norrower to acceteration and foreclosare. If the default is not cured on or '
before the date specified in the notece, I.ender at its option may require immedinte payment in full of all sums secured dy ~
this Security Instrument withou! further demand and may foreclose this Security Instrument by judicial proceeding.
Lender shall be entitled to coliett all expeoses incurred in pursuing the remedies provided in this parag~aph 19, including,
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 Pro~rty, I.ender (by a
judiciaNy appointed receiver) shall be entitled to enter upon, take Ex~ssession of and manage the Pro~rt~~ a~~d to coll~~t the
rents of the Property ij~cluding those past due. Any rents collected by Lender or the receiver shall be applied first to
payment of the costs of management oi'the Property and collection of rents, including, but not limited to, rec:ei~~er's fees, '
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Securit}~ lnstrument. ~
21. Release. Upon payment of all sums secured by this Security Instrument, Le~der shall release this Securit}•
Instrumeni without charge to Borrower. Borrower shall pay any recordation costs. ,
22. Attarneys' Fees. As used in this Security Instrument and the Note, "attorne}•s' fees" shall include any attorne}~s'
fees awarded by an appellate court. 1
23. Riders to this Seeurity Instrument. If ~ne or more riders are executed by Borrower and recorded together w•ith i
this Security Instrument, the covenants and agreements of
each such rider shall be incorp.~rated into and shatl amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part ot' this Securit~~
Instrument. [Check appiicable box(es)j ~
~ Adjustable Rate Rider ~ Condominium Rider ~ 2~ Family Ridrr ~
Graduated Payment Rider i~; Planned Unit I)evelopment Rider
Other(s) [s~ify]
Bl' S~cN1~vG BF~.ow, $orrower accepts and agrees ta the terms and covenants contained in this Securitv ?
Instrument and in any rider(s} executed by Borrow•er and rec;orded with it.
Sign~aled and delivered in th resence of: <
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..........................(Seal) ~
Bryan . Ray -~°°°%e-
...~.,~~~,::~..~4L ......~.,,~.i~....X.~L:C.~.~.ft..~:. . ...........L,t'- ...................................lSeal)
~ ~ Charl o ~te 0. Rdy ~G~ -~~~owe,
(Space Below This Line Far AcknowfedgmeM)
Thi s i nstrument prepared by : '$5 ~AA. -3 R~0 6 /
KatF~y N. Dourney
Lawyers Title Insurance Corporation F~~~-..-
800 Virginia Avenue, Suite 61 Rp~~~~-
Ft. Pierce, Florida 33450 ST. .
Incident to the issuance of a title insurance contract.
I850420
'~13485
STATE (~r . F.lOric~.a . . . . . . . . . . . .
~ SS:
CoutvTV oF . . . St . Lucie . . . . . . . . . . . . . .
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Thc toreeoinc mctrument •..as acknowledued hefnre me this..2%.t}1.D3~!.O£.Jlul@..19$5..._,,...
(date) ~i'.,: ~'ICI:'I'.•=
hy Bryant .Fi. Ray. and Gharlotte 0. Ray F~-
. . . . . . . . . . . . . . . . . . . . . . . F;t~:~E,l::~~?~~.
~ Iperson(s) acknowledging) y
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1tOTAR'I Fr?_i! - - , 'F ~~04:;1,1 ~'°r 9ue;.
MY CCMMi."~:`y F~~. 13,L"n3
l~1y Commission expires 80MUE~ t~:: ;~v~:,= ;,ys. ~vG.
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C. s , l~G~ . . . _ . ~~~c!l.G~~ t.... . . . (SEAL)
' Notary Pubtic
"This instrument ~a~ prenared b~
~.~7, ~.~46~ 93~7 .
B~;~tK f'.'.6F
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