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HomeMy WebLinkAbout0972 NON•UNIFORM COVENANI'S. Borrowtr Ynd L.er.der furthcr cuvenent and agree as follows: 19. Accek~albn; Remcdjea. Lcnder shall glve sotice to Ban~ower prior to an~ekrstia~ idluwi~ Borrowcr's breach ot aay rnverwnt or agreea~ent ta Wts 5ecurity lastrumcnt lbW aot prior to sccc{erotbu undcr parograpi~ 13 aad 17 unkss applicaDle law provides Mberwtse). T6e notke shW specify: (a) tbe dc[w11; (b) tbe actMn requlred !o cure tl~e defa~lt} (c) a date, not less than 30 days ftaa tbe date tbe oolke Is ~iven to Borrower, by whkb the default must be cured; aad (d) thaf f~ilurc to cure tbe detwk oa or txfore tbe dste spaitkd In tlie natice nwy rault ia ~ccekration of the sums secured by thLs Security laslrument, ro~c~o6ure by j~icw proce~aj~.na Saie ot cee proper~y. n~c uoc~ ~nau ±~r~ ~wK ot ~ee r~n~ ~o nu~c,~e ae~r accekratba and the iigbt to isserl in the forrclasun proceedi~ tbe ~~oa-existence ot a default or any other de[e~e of Born~wer to accderatioo and torcrl~rr:. U tbe :e;~:,: a~: ~ x~ ar before tloe date specified ia the notice. Lsoder a1 Its optlon may require immediate payaxat W tuU o[ all suws secured by thk Security lRStrumeat without furthsr demand aed may foreclose this Security lmtru~oeat by jodkW Proceediag. I.rnder sMM bt eatitkd to copect aU expanes incurrrd ia pursuin~ the remedies prorided in this piragnpl~ N, iodudius, but not Wnited to, reasooabk attorneys' teea and caats of titk evideace. 20. I.ender W Passession. Upon acceleratian under para8nph 19 or abandonmern of the Property. L,ernier (by judKially appointed receiv~r) shall be entided to enter upon, take possession of and manage the Property and to collect the rcnts of the Property including those past due. Any ronts colloctod by Lender or tht receiver sh:I! be applied first to payment of the costs of management of the Property and collection of rents, including. but not limitod to, rcceiver's fces, prcmiums on receiver's bo~ds and rcasonable attorneys' fees, and then to the sums securod by this Security Inurument. 21. Releast. Upon payment of all sums secured by this Securiry lnstrument, Lender shati release this Securiry instrumrni w~iiwui charge to Borrower. Borrower shall pay any recordation cous. 22. Attoreeys' Fces. As u~ed in this Securiry Instrument and the Note, "attorneys' fees" shall include any attorneys' tces awardai by an appeilate court. 23. Ridecs to tbis Security lnsirumeM. If one or morc riders arc executed by Borrower and raorded together with this Secunty inurumcnt. d~e covenants and agraments of each such rider shal! be incorporeted into and shall arnend and supplement the coveoants and agmments of this Security Instrument as if the rid~r(s) were a part of this Securiry lnstrument. (Chec~ applicable boz(es)] ~ ? Adjustable Rate Ridtr ? Cordominium Rider ~ ? 2-A Family Rider ? Graduatal Payment Rider ? Planaed Unit Development Rider ~ Q OtheKs) [SPec~fY) BY SIGNING BELOW, Borrower accepts and agrces to the ternu and covenants contained in this Security Instrument and in any rider(s) extcuted by Borrower and rccorded with it. [N WITNESS WHEREOF, Borrow~r has executed this Mortgage. , ~ ~ ~Sea~~ . ~ E IG R. FERR6R ~ ~/1/\.V1. NORMA Iri. FERRER &se~t> STATE OF: ~ Counry ss: I hereby certify that on this day. before me, an officer duly autFarized in the state aforesaid and in ttx county aforesaid to take ackR;ttvled ments, personally. ~~~ea~~ ' EMIGD~O R. FEA;~iER AND NORMA M. FERRER ~ , to me known to be the person(s) dtscribed in and who ezecuted the foregoing F instrument anci acicnowlodgod beforc me that THEY ezocut~d the same for the purpose therein exprcssed. f k Witness my hand and official seal in the counry and uate aforesaid this 19th day of ~ OCTOBER .19 $5 ~ My commission expires: ~ s ~sw~ w,o.y n~. ~ i ~ (Sp~e~ BNow This I.MN R~s~rv~d Fa Addttional Ac.IcnowNdpm~ntJ ~ ~ ~~~UALE FALIARANO ~ . Not~r1? Public. State af New Yor1c . _ No. 35-4785298 U~ ~+J~r ~ -1 ~ 2 :23 ow~~.a ~ o?,rpe c«,~~,, ~ ~ ~o~f E~ires Ma?ch 30. 19_. r ~ ~ ~ ST. LU;;,_ _ _ ~ ~ ~ '~31362 ~ ~ ~ RECORD AND RETDRN TO: ~ URANCE COMPANY - ~}{~CqGO TITLE INS . 900 VIRGINIA AVE. SU'TE 16 ~,P A Q i ~~5 ~ . ~ERCEa ~f.L.ORIDA 3~45.Q 9~10K `~V 1 f .~G, ~ ' . ~ . . . . - L _ ' . - -