HomeMy WebLinkAbout0920 ' iVON-Uivi€C3~:~ui L~Vt~~iriv ~ iwrruwer ana Lencie~ iunher covenant and agree as follows:
19. AccN~ration; R~m~dl~s. LMd~r shaN ~lv~ nottc+ to Borrow~r prlor f~ acc~itrstfon foilowin~ Borrow~r's
b~each of any oov~nart ar a~~senwnt in this S~cuNty Instrunant (bui not prior to acceleration und~r pars~raphs 13
~nd 1t uedess appNcsble law provid~s otharwtss). Thf noti~ shsH sp~cHy: (a) th~ detault; (bj the sction nqul~ed to
curo th~ deiauR; (c) a dsta~ not Mu than 30 days trom tM dat~ the notlc~ is ~iven to Bomow~r, by v~fiich the deiault
must b~ cur~ and (d~ that faNur~ to curQ th~ d~tault on or b~ton N+~ daM s d1led in the notlce mar result In
accelKaNon of th~ sums sacu~~d b~t this S~cuNty Inst~u~?t~ 1a'eclowre by ~dici~ oce~din~ and sale of ihe
e
PropKty. The notice shali further inform BorrowK of the N ht to reinstat~ sft~r axNtrat ~n and the N~ht to asse~t fn
the tor~ciosure proc~edin~ the non-~xbtenc~ of a defau~ or any othsr dafense of Bonower to acceieratlon and
forectosure. !1 the detaun is not curod on ar b~ton th~ date sp~dflad in the noNce, L~nder at !ts option may require
Immedi~te payment in tull of ali sums secund by this Secu~ity InsMument wlthout tu~rtt~ demand any may foreclose
this Security Instrument by judtcial procaedin~. Lender shaH be enHtled to cotlect ail expenses incurmd in punuin~
tt~e remedies provided in thla pa~~sph 19, includi~~, but ~ot Iimited to, resso~able sttor~eys' fees and costs of title
evidence. •
20. Lender in Possesslon. Upon acceleration under paragraph 19 or abandonment of the Prope~ty, Lender (by
judicially appointed receiver) shaU he ent~tled to enter upon, iake possession of and m,anays tha Property and to
coiiect the rents.of the Property including those past due. Any rents coliected by Lender ar the receiver shall be
applied first to payment of the costs of management of the Proparty and collection of rents,including, but not limited
to, ~eceivc~r's fees, premiums on receive~'s bonds and ~easonabte attorneys' fees, and then to the sums secured by this
Security Instrument.
21. Relesse. Upon payment of all sums secured by this Security Instrument, Lender shall release this Secu~ity •
Inslrument without charge to Borrower. Borrower shall pay any recordation costs.
22. Anorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include any
attorneys' fees awarded by an appellate court. .
23. Riders to this SecuHty Instrunrlent. lf one or more riders are executed by Bor~ower and recorded together with
this 5ecurity Instrs~meM, the covenants and agreements of each such rider shatf 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)]
~ Adjustable Rate Rider 70 Condominium Rider ? 2-4 Family Rider
O Graduated Payment Rider O Planned Unit Development Rider -
? Other(s) [specity)
BY SIGNING BEL4W, Bor~ower accepts a~d agrees to the terms and covenants contained in this Security
Instrument and in any rider(s) executed by Borrower and recorded with it.
Signe sealed and del~ ere in the pr of:
. _~Seal)
~ 8. DJINCY `OMre`
.
~ ^ ~j . . . . . . . . . . . . . . . . . . ~?c~!, , . . . . . . . . e4-~y . . . . . . ,~Seal)
~ ~ , • • ~ / fOMBf
~ WILOII~E M. DAlICY s~~
[Space 9elow This Une For Acknow~edgement]
~ STATE OF FLORIDA, MARTIN County ss:
1 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 JOSEFH B. 01WCY .nd GERALDIi~E M. DMICII , his c,tife
, to me known to be the person(s) described in and who executed the
~i foregoing instrument and acknowledged before me that thsr executed the same for the purpose therein
i expressed. .
` WITNESS my hand and oNiciat seai in the county a~d state aforesaid this 19th day of
iDECEl~R, 1985. •
` My Gommission expires: ~ ~ '
,
cse,i~ wa~r waK
E . Pn..~,Gc. StatQ of f~orida
: ; ~ _ . s~on ExP~ec !~q i0 198~
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