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NUN•UNIFOrtM CovEtvANTS. Borrower and Lender further covenan~ and agrc~ as folt~us:~
19, Accelention; Remedia. Leader s6a11 gi~t aotlce to 8orrower prior to acceleration following Borrower's
bre~ch of any coveaaat or agrcemeat in this Security lastrument (but not prior to acceleration under paragr~phs 13 and 17
u~:less applicable law p~ovides othsrwise). Tbs notice shall speclfy; (a) the defaulh (b) the oction required to cure the
default; (c) a date, aot less thaa 30 days from the date the aotlce is gi~ea to Borrnwer, by which the detnutt must be cured;
and (d) t!?at failure to cure t6e default oe or before the date specified In the aotice may result in acceleratlon of the sums
secured by this Securiey lastrufneat, foreclosure ~y judicid proceed~ng aad sale of tl~e Property.'Phe notice shall fu~ther
Iaform Borrower ot the right to nfaslate after sccelerst~on and the right to assert in the foreclosure proceedi~g the non-
exisience of a detault or any otbe~ detense of 8orrower to ~cceleration and foreclosure. It the detault is not cured on or
before t6e date specified ia the dotice, I.eRder at its optioa enay require immediate payment in tuli of all sums secured by
t6Ls Security Instrument without further demand and a~ay foreclose thts Security lnstrumeat by judlcial proceeding.
Lender shall be entided to cotiect ail expcases iacurred in pursaiag i6e remedjes provided in this puagraph 19, including,
but not limited to, reasonable attorneys' fees a~d costs of title e~ideete. `
20. Lendes ia P~ioa. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (by
judicially appointed receiver) shall be tntitled to ent~r upon. take possession of and manag~ the Property and to collect the
rents of the Property including those past due. Any rents coltected by Lender or the receiver shall be applied first to
payment of the costs of management of the Property and collection of rents, including. but not limited to, receiver's Cees,
premiums on receiver's bonds and reasonable attorneys' fces, and then to the sums secured by this Sa:urity Instrument.
21. Release. Upon payment of all sums sccurod by this Security Instrument, [.ender shali release this Security
Instrument without charge to Borrower. Barrower shall pay ary recordation costs.
~2. Attoreeys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shail include anv attorneys'
fees awardai by an appellate court.
23. It~ders to this Security tastrument. If one or more riders are ex~utod 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 sgreements of this Security Instrum~nt as if the rider(s) were a part of this Security
Instrument. [Check applicable box(es)~ ~
~Adjustable Rate Rider Condominium Rider 2~ Family Rider
Graduataf Payment Rider Planned Unit Deveiopment Rider
Other(s) [specify)
Bv SIGNING BE~ow. Borrower accepts and agrces to the terms and covenants contained in this Security
Instrum~nt and in any rider(s) exxuted by Borrower and recorded with it.
S~ed, sealed and delivered in the presence of: ~2~~~~ ~
William F. Van Der Wal , Jr.
~ ~ o (Seal)
~e~ ~n~e~~ ~ --ac..owe.
-Borrovrer
-6or?ovver
(SP+« Beb~ This lioe Fa Adcrarle0=rrwnt]
STATE OF FLORIDA, St. Lucie County SS:
I hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county
afc:zsaid to take acknowledgcments, personally appeared
William F, Van Der Wal, Jr. -
Marge Van Der Wal, his wife
, to me known to be the person{s) described in and who ezecuted the
foregoing instrument and acknowledgcd before me that THEY executed the same for the Qvrpose therein
expressecl.
WiTN~ss my hand and official seal in the county and state aforesaid this day of
n~ , 19~(0
v-~f..
My C;~Minnissiob expucs:
~ ~ .
C^ ~[~!l . ~1-,tery Public, State o Puei~c
- ' i` ~r ~!orida. My Comm~ssion
- : Exaire~ Nov. 2 I, f 987.
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937
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