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HomeMy WebLinkAbout0993 NoN.UNIFOtttN CovEy~tvTS. Borrower and L,ender further covenant and agree as follows: 19. Acceltnt~; Re+pedla. I.eader shatl ~i~e aotlce to Borrower p~ior to acceleration ioliowing 8orrower's breach oI any co~enaet or ~eeseat is tbls Security Iastrumeat (brt not prior to accelerotion under paragnphs 13 and 17 ueless app?icapk taw pro~idea otbee~?1se). 1be notice sball specity: (a) t6e defauih (b) !!~e actloa requlred to cure the defwlt; (c) a date, aot lea than 30 days tro~a tbe dste t6e eotke is gi~ea to Borrowsr, by whtch the default must be cured; aod t6at idlure to c~re tLe dehnlt o~ or before tke date speclfled ia the noNce may result ia acccieration of the sums secur~ed by t61s Security Iswume~t, ioc~closure by jadicial proce~ding and sale of the Prnperty. 'ILe aotice shail further intorm Bormwer of the ri~Mt to releslste after sccekratioa aad t6e ~i~ht to assert in t6e toreclosun proceedlag the aoa- ext~e~ or . aers,~t a a.r ~ aer~ ~r eoROxa ~o ,~~.tto~ .pa raec~e. lt tLe default ia eot cured oa or betore tbe date sPeciSed i~ tik ~otic~, I.e~der at ib o~ a~ay ~rire i~mediate paya~ent is fuU o! dl sums secured by t6is Security Ia~aiait wit~t tnrt~er demsai and ~ foretlose thts Sawrity Iestrument by judicial proceeding. I.eader shaU be eatitkd to coUect ail expea:a iacnrrsd is pursuia~ the remedies pro~ided iu thia paragrap619, including, but aot li~sited to, ratsoaabk attoraeys' taa aad cods of titk e~idence. 20. Leader is Poaasion. Upon acceleration under pangraph 19 or abandonment oi the Property. i.ender (by judicially appointed raxiver) shall be entitled to enter upon, take possession of and manage the Property and to cotlect the rents of the Property including those past due. Any rents oolloctod by I.ender or the receiver shall be applied fint to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's tees. premiums on receiver's bonds and reasonable attorneys' fces. and then to the sums securod by this Security lnstrument. 21. Reieast. Upon payment of al! sums socured by this Socurity Instrument. Lender shall release this Security Instrument without charge to 8orrower. Borrower shall pay any recordation costs. 22. Attomeys' Feea. As used in this Socurity Instrument and the Note, "attorneys' fees" shall include any attorneys' fees awarded by an appellate court. 23. Riders to this Secnrity I~trument. IP one or more riders are executed by Borrower and recorded together with this Security Instrument, the 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) were a part of this Security ~ Instrument. (Check applicable box(ex)j _ ~ Adjustable Rate Rider [,1 Condominium Rider ? 2-4 Family Rider _ ' ~ Graduated Payment Rider ~ Planned Unit Development Rider ~ Other(s) [specifyJ ~ Bv SIGNING BELOw, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. S Si ed, {ed and livered in the presence oE . . ......................~1° -(Seal) . . . . ~ - ARTHUR R. HAGERMA ~O"Oi"'~' .~~~~..~..`.s...~. . ..........':.'.°..'.~:~------............(Seal) ~ -aa.ow,e. SANDRA A. HAGE AN . STATE OF FLORIDA, ST . LUC IE County ss: I 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 ARTHUR R. HAGERMAN and SANDRA A. HAGERMAN, his wife - , to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that they executed the same for the purpose therein ex- pressed. W~TtvESS my hand and official seal in the county and state aforesaid this day of 4 , 19 86 . ~ My Commission expires: G~y~9 - • ~~~r . ($~g~). Notary Public f ' ` i' J~ . . t. i ~ , i { . ~ ~ a ~ F K ~ • fiK ~ ~eoK 4~ PacE 9$~ ~ . ~ . . ~ . . ~ . _ ~ _ . ~ y : . - - _ _ . _ _ _ _ ~ _ . _ ~ ~ _ - - ~ ~