HomeMy WebLinkAbout0966 No;v-UrI~FORM CovENAM'S. Borrower and t,ender iurther covennru and agree as faliows:
19, Acceleratioa; Remedies. Gender shall gire notice to Borrower prior to acreieration following $orroKer's
breach of s?ny covenxnt or agreement in this Security lnstrument (but not prio~ to acceleration under paragraphs 13 and 17
unless pppiiabte Inw provides otherwise). The ootice shxll specify: (a) the defAUlt; (b1 the action required to cure the
defaulh, (c) a date, not less thnu 30 days from the date the aotice is given to Borrower, by which the default must be cured;
and ld) that failure to cure the default on or before the date specified in the not9ce may result in acceleration of the sums
secured by this Security Instrument, foreclosure by judicial proceeding and saie of the Property. The notice sh~ll further
inform Borrower of the right to reinst~te after acceleration and the right to assert in the fareclosure proceedinq the non•
existence o( a default ar any othrr deiease oi Borrower to acceleration and foreclosure. If the default is not cured on or
before the date spetified in the notice, Lender s~t its option may require immediate payment in full of a11 sums secured by
this Security Instrument without turther demand and may foreclose this Security Instrument by judicial proceeding.
Lender shall be e~titled to collect alt expenses incurred in.pursuing the remedies provided in this paragraph 19, including.
but not limit~d to, reasonabte attorneys' fees and costs of title evidence.
20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Yroperty, Lender (by
judicially appointed receiver) shaU be entitled to enler upon, take possession of and manage the Property and to collect the
rents of the Pro}xrty including those past due. Any rents collected by l.ender or the recei~~er shall be applied fir~t to
payment of the costs of management of the Property and collection oti rents, including, but not limitecl to, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees, and then ta the sums sec:ui~ed by this Security [nstrument. ~
ll. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Securit~~
In~irument without charge to Borrower. Borrower shall pay any recordation costs. !
22. Atlorneys' Fees. As used in this Sccurity Instrument and the Note, "attorne~s' fees" ~hall include an}• attorne} i
fees awarded by an appellate court. '
23. Riders to this Security Instrument. If one or more riders are exeti:uted by Borrow•er and recorded rogether «~ith ~ ~
this Security Instrument, ihe covenants and agreements of each such rider shall be incor~rated i~zro and shall amend and
supplement the covenants and agreements of this Security Instrument as i( the rider(s) ~~~ere a part of this Securit~
Instrument. [Chec:k applicable box(es))
Adjustabie Rate Rider ~ Condominium Rider ~ 2-l Famil~~ Rider
~i Graduated Payment Rider ~ Planned Unit Development Rider
( Other(s) [specify]
BY S~c?~ING BEt.ow, Borrower accepts and agrees to the terms and ror•enants rnntained in this Securit~~
Instrument and in any rider(s) ezecuted by 8orrower and recorded with it.
Sign d, seaied and delivered in the E}; esence of:
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~c3V2d 1.,• FI'O(I18P -Br,rroNe+
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Deborah Fromang (~;~"e'
[Space Bebr This Line Fw Acknowkdgment~
STATE OF FLORIDA ~
COUNZY OF ST. LUCIE
Before me personally appeared David L. Fromang, also known as David Fromang,
and Deborah Fromang, his wife, to me well lmown and lmown to me to be the individuals
described in and who executed the foregoing instrunent, and acknowledged before me
that they executed the same for the purposes therein expressed.
Witness my hand and official seal this 24th day of February, 19$6.
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, J;tG Notary Pu ic-My CoRmissio Expires:
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A~~ilr CK~m~se~or• £zp~ies Me,cn S. 1~
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B~1dB0 it~ru MeynBtd BO~d~inQ ApetICY
PREPARED BY AND RETURN 'I~O:
Stewart Title of St. Lucie County
#23,845 Virginia Avenue
Ft. Pierce, Fl. 33482
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