HomeMy WebLinkAbout0983 Nc~~v-UhIFe~RH CUVt:tiAtiTS f3orrower and l.ender Purther covenant nnd agrer a~ fi~llu~~ ti:
19. Acceleration; Remedies, l,ender sha!! give notice tu Borrower prior to acceleration following BorroHer's
breach of any corenant or agreement in ihis Security Instrument (but not prior to acceleratio~ under paragraphs 13 and 17
unless applicable Iaw provides oth~rwise). The notice shall specify: (a) the defaulh lbl the action required to cure the
default; (c) s date~ not less than 30 days from the date the notice is given to Bo~rawer. by which the defauit must be cured;
and (d) that failure to cure the detault on or before the date specifiect in the notice may result in acceleration of the sums
secured b~~ this 5ecurity Instrument, foreclosure by judicis! proceeding and sale of the Property. The notice shall further
inform Borrower of the right to reinstate after acceleration and the right tu assert in the foreclosure proceeding the non-
existenre of a default or any other defense of Borrower to acceleration and foreciosure. If the default is not cured on or
before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by
this Security Instrument without lurther demand and may foreclose this Security lnstrument by judicial proceeding.
I.ender shal) be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including.
but not limited to~ reasonabte attorneys' fees and costs of tide evidence.
20. Lender in Yossesston. Upon acceleration under paragraph 19 or abandoumcnt of thc P~opc:rty, Lender (by
judicially appointed receiver) shall be eRtitled to enter u~n, take ~ssession of and manage the Pro~erty artd to collec;t the ~
rents of the Property including th~se past due. Any rents collected by Lender or the receiver 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 fees,
premiums on receiver's bonds a~d reasonable attorneys' i'ees, and then to the sums secured b}~ this Securit}• lnstrument. ~
21. Release. Upon payment of all sums sei:ured by this Security Instrument, Lender shall retease this Security~
Instrument without charge to Borrower. Borrower shall pay anv recordation costs. ~
22. Attorneys' Fees. As used in this Security [nstrument and the Note, "attarneys' fees" shall include an}• attorneys'
fees awarded by an appellate court. '
23. Riders to this Security Instrument. If one or more riders are executed by Borrow~er and recorded together with
this Security Instrument. Ihe 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) w~ere a part of this Security~
lnstrument. [Che~;k applicable bc~x(es)]
~ Adjustable Rate Rider ~C~ Condominium Rider 2-4 Fami!}~ Rider
~ Graduated Pa}•ment Rider Planned Unit Development Rider
_J Other{s) [specifv]
BY S~Gtil~c; BEl.c~w, Borrow•er accepts and agrees to the terms and covenantti contained in this Serurit~
Instrument and in an~• rider(s) executed by Borrower and recorded w~ith it. ~ .
Signed, sealed and delivered in the presence oE
5
j
IN WITNESS WHEREOF, Borrower has executed this ;~4ortgage. ~
l
Signed, sealed and delivered
in the presence of: ~
. . .?ti'1 ~ . . . , . . . . . . . . . . . . . . . . . . . . ,f.~ a
. (Seal}
~ . ' Ras I E. C.arroll . ....-$o~? °
. - . . . . . . . . . . . : ~ • . . . . . . ~O ~ . . . . . . . . . . . . . . . (Seat) .
W1tI1@SS D21o1"eS J. Cc'iY'Yt~ll --Borrowcr
Sr~rE oF . . . .~~/M^r e,sal~ ~Q.S1~ q ~.'~ounty ss: •
;
I hereby certify that on this day, before mc, an oflicer duiy authorized in the state aforesaid and in the county ;
aforesaid to take acknowledgements, personally appeared. ..~~1 E. .C.ax.7~o11 ,aTld_ GeloreS.J,. j
••~0~~• ~S•~£ to me known to be the pe;rson(s) described in and who executed the
foregoing instrument and acknowledged before me that. ..executed the same for the purpose therein ;
~~~g~ac~ 33:P' 2~^v`~• E~ 33ddd ~
tiK21~'dfiDr~t~Y ~~'~t~°~d~~~~~~~1 ~ ~i°4'~~~~n~l~laforesaid this. . . .O'. G . . . . . . . . .day of
~ ~ . . . . . . . 19 .
My Cafjimis~iQm e
IAWRENCE M. BR~=~~'?[H .
~ ~ NOi/(RY PUBUC-Miti~N~~:~;'; `a . . . . . . . . . . . . . . . . . . .
~ ' ~ LE SU~UR COUN?.r _ • Not~ry Public
> ` MY COMM. EXP. F~B. 25, t99t j
JtwMid For lendtr and R~cordet)
~ ~ .
f,r P,~E e~•~
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