HomeMy WebLinkAbout0985 NoN•UN~FORM CovEN~tJTS. Borrowcr and Lender turthercovenant and agree as ioltows:
19. Accelerstion; Remedla. Lendtr shall gi~e notlce to Borrower prior to siCceteration lolloMirtg Borrower's ~
breach otany co~eeant or agreemeat ia thls Security Instrument (but not p~ior to act~tleration under paragraphs 13 and 17~
unless appiicabk law pro~ides otht~ise). The aotice shall specify: the default; (b) the sctlon required to cure the
default; (c) a u,-.:~, not less than 30 days from the date the notice is gjven to Borrower~ by which the default must be cured;
and (d) tb~t failure to cure the defs~ult oa or betore the date spctifl~ed ia the not9ce may result in scceleration ot the sums
secured by thts Security Instrument, [oreclosure by judictal proceeding and sale of tYe Property. The notice shall further
inforin Borrnwer of the right to reinstate af~er accelention and the right to assert in the fflreclosure p~oceeding the non•
existence ot a defsult or any otl~e~ deferwe of Iiorrower to acceleratCon and fwt~lasure. If the defsult is not cured on or ~
betore tlx dste specifled ia the notke, Lender :t ib opt[on snay requlre immediate p4yment in ful! ot all sums secured by i
this Sccurity Instrwaent witlront t~~fer demand snd may ioreclose tLts Secu~ity Instrument by judlcial proceeding. ;
Lender shali De tntitkd to collect all expeaia incurred in.punuing the remedtes provided in this parsqraph 19~ including, ;
buc noe Itmlced ca ~easonabk aaorner~• tea and coscswt citle e~ida+ce.
20. Lee~der in Poisestion. Upon ecceleration under paragraph 19 0~ abandonment of the Property. Len~er (by ~
judicialiy appointed receivtr) shall be entitled to enter upon. take possession of and manage the Yroperty and to collect the ~
rents of the Propeny_ including those past due. Any re~~s collectoil by i.cnder or the receiver shAll be applied first to ~
payment of the costs of mar~°.o ment of tht Propeny and collection of rents. including, but not limited to, receiver's fees,
premiums on receiver's L~ends and reasonable attorneys' toes, and then to the sums secured by this Sxurity IAStrument.
21. Release. Upon payment of all sums ucured by this Seturity Instrument. L~nder shall release this Security ;
Instrument without charge to &-;.:~Wr~. Borrower shall pay any recordation costs.
22. Attorneys' Fees. As used in this Sccurity Instrumtnt and the Note. "attorneys' fees" shall include any attorneys'
fees awardod by an appellate court.
23. Riders to this Security Instrument. If one or more riders are executed by Borrower and recordcd together with
this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
supplement tht covenants and agreements of this Security Instrument as if the rider(s) wcre a part ot this Security
Instrument. (Check applicable box(es)]
Ox Adjustable Rate Rider Q Condominium Rider ? 2-4 Family Rider
~ Graduated Payment Rider ~ Planned Unit Development Rider
? Other(s) [specify]
BY SIGNING BELOw. Horrower accepts and agroes to the terms and covenants containcd in this Sccurity
Instrument and in any rider(s) executec3 by Borrowor and recorded with it.
Signod. sealeii and delivere~i in the presence of:
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VIRG A A. CRUI~B ~ ~O"Or""
(Spsc~ Beiow Tl~is Lk~e Fa AckraMled~ment]
STATE OF: FLORIDA
COUNTY OF: ST. LUCIE
I I hereby certify that on thia day, before me, an officer duly authorized in the state
! aforesaid and in the county aforesaid to take acknowledgements, peraonally appeared
~ JACR CRUMB AND VIRGINIA A. CRUtrB, AIS FIIFE, to me known to be the person(s) described in
i and who executed the foregoing instrument and acknowledged before me thht~.THEY executed
i the same for the purpase therein expressed. ~
WITNESS ~y hand and official seal in the county and stat aforesaid,this ~4~h~.
day of Februarv , 1986. . ~,4~ ~
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