HomeMy WebLinkAbout0969 NON•UNIFORM COVENANTS. Borrower and L'ender lurther covenant and agree as foltows:
18. AccNKaUo~: Rsm~dl~s. Lender sha~t g+ve notice to Barower prioi to accelera6on toUowing Borrower's breach of
any covenant or agreement in th;s Securiry Inst~ument (but not prior to acceleration under paragraphs 13 and 17 unless applicaWe
~aw prov~des otherwi~e). The r~otice shat~ speciy: (a) the defautt; (b) ihe action required to cure the defauh: (c) a date, not less than
30 days from the dale the notice is g+ven to Borrower, by which the default must be cured: and (d) that fa~lure ta curethe detault on or
before the date specitied m ihe notice may resutt in acceleration of Ihe sums secured by this Security Instrument, toreclosure by
~udicial proceeding and sale of the Property. The notice shall turther inform Borrower ot the right to reinstate after acceleration and
t he right to assert in the toreclesure proceeding the non-existence of a de(ault or any other detense of Borrower to acceleration and
foreclosure. If the detault is not cured on or before the date specified ~n the notice, Ler~der at its opt+on may require immediate
payment in tult of all sums secured by this Security Insirument wiihout turther demand and may ~oreclose this Security Instrument
by judic+al proceeding. Lender shall be entitled to cotlect aU expenses incurred in pursuingthe remed~es provided in this paragraph
t9, including, but not I~mited to. ~easonable attorneys' fees and costs of title evidence.
20. L~nd~r M Poss~aslon. Upon acceleration under paragraph 19 or abandonment of ihe Property, Lender (by judicially
appointed receiver) shall be entiued to enter upon, take passessbn of and manage the Property and Io co+lect the rents ot the
Property including those past due. A~y rents collected by Lender or the receiver shall be apptied first to payment ot the costs oi ~
management of the Property and Collection of rents, including, but not limited to, receiver'sfees, premiums on receiver'S bonds and
reasonable attomeys' fees, and then to the sums secured by this Securiry Instrument.
Zt. Roleas~. l.+pon payment of all sums secured by this Security Instrument, Lender shaA release this Sec~rity Irstrument
wiihout charge to Borrower. Borrower shall pay any recordation costs.
Z2. Attorn~ys' F~s. As used in this Security Instrument and the Note, ' attorneys' fees" shalt include any attorneys' fees
awarded by an appellate court.
23. Rldxs to thb S~curity Instrum~n~ If one or more riders are executed by Borrower and recorded together with this
Security Instrument, the covenants and agreements of each such rider shafl be incorporated into and sha?f amend and supplement
the covenants and agreements oi this Sec~rity Instrurnent as if the ridcr(s} were a part of this Security Insirument. [Check
applicable box(es)]
? Adjustable Rate R:der ? Condomin~um Rider ? 2-4 Famify Rider
? Graduated Payment Rider ? P!anned Urnt Development Rider
? Other(s) (spec~fyJ
BY SIGNING BELOW. Borrower accepts and agrees totheterms and cover?ants conia+ned+n th+s Secur~tylnstrument and in
any nder(s) executed by 8orrower and recorded w~th it
S~gned. seaied and de~ivered i presence o(:
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jj~ -ea~ower
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-Baro~xC:
STATE OF FIORIDA, ST . LUCIE County ss:
t hereby certify that on thrs day, before me, an onicer dul authorized in the st t~ a~foresaid and in the counry aforesaid ~
to take acknowledgements, personal~y appeared Katyhryn Alemag~icies , an unrema~~~~c~ widow
, to me known to be the person(s} described in and who executed the
foregoing instrument and acknowledge before me that she executed the same for the purpose therein _
expressed.
WITNESS my ha~d and official seal in the couniy and state a(oresaid this ~th day of
April 19 86
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