HomeMy WebLinkAbout0919 NoN•UtvtFOR~ CovsN,~N rs. Bc~rrower and l.endzr further covcnant and ggree as i'ollows:
• 19. Arceler~tloa; Remedles. L.ender sh~li gire eeotice to Borrowe~ Prior to atceleration following Borrower'a
breacb of rey co~enant or a~rssment in tbis Security lnstrnmeat (twt not prtor to ~cceieration undt~ paragraphs 13 ~nd 17
uniess applicabfe Isw pro~idea otherwlse). The nodce shall speci[~: t~3 thc defas+it; (b) tht action requlrsd to cure the
defauit; ic) ~ date, aot less thaa 30 da~s froa~ the date tlee aotlce ~a girea to.Borrowrr~ br whicb the default must be cured;
and (d1 that tallure to cure the detault on or be!'ore tD~e dstt speclRed la the notice may rault [n acelention of the suma
secured by this Securlty lnstrumertt. toreclos~re by judicid procc~ding and sale o( the Property. ?he notice shali furtfie~
i~form Borro~~er o[ ihe right to reinstate after accelention and tht r1~ht to asx~t in t6e torecl+~surE procetding the nan-
existeece ot a def~ult a any other defense ot ~orrowtr to s~ccetentton aad forectasurt.l( the default is not cured o0 or
belare the date speci@ed in the notice, Gen~x at its opQian r+uy require imenedlatr payatent ln fnl! of all sun~s secured by
this Security Iastrument without iarther dem~nd and may toreciose ~thls Secnrity lestrument by judiciai proceeding.
I.ender sha!! ~be entltled to collcet sil e:pe~ses incNrced in pursuing the ~remedles pro~3ded In this p~ragraph l9, tnciuding,
but not limitcd to, reasons~Dle attorneys' teea ~nd costs of tttle e~idence.
2A. Lender iu Possession, Upon acceleration under paragraph 19 or abandortr+ient of the P~operty. Lender (by
judicially appoirted receiver) shall be entitled to enter upon~ take possession of and manage the Proptrty and to collect the
rents of thc Property including those past due. Any rents collxted b~r L.ender or the receiver shall be applied first to
payment of the casts of management of the Property and collection of rents. including. but not limited to~ receiver`s fees.
premiums on ~eceiv~~'s bonds and rwsonable attorneys' fees, and then to the sums secured by this Security Instrument.
21, Rele~ss. Upon payenent of a!1 sums secured by this Security Instrument, I.ender shall release this Security
Instrument without charge to Borrower. Borrower shell psy any eecordation costs. '
22. Atton~eya' Fees. As used in ihis Securi;y Instri~mont and the Note. "attorneys' fees" shall include any attorneys'
fees aqrarded by an appe!latt court.
23. Riders to thls Securlty~Instrument. If one or more riders are eaecuted b~ Borrower a~d recorded togethsr with ~
ihis Security Instrume~t. the covenants and agreem~nts of each such ridzr shall be incarporated into and s6all amend and
supplement the covenants and agreements oi this Security Instrument as if the rider(sj were a psrt of this Security
Instrument. [Check apQlicahle box(es)j ' ~ ~
~ Adjustable Rate Rider Condominium Rider ? 2~ Family Rider
? Graduated Payment Rider ~ Planned Unit Development Rider .
~ och~~S~ fs~~ryl
HY SIGNING BE~ow, Borrower accepts and agrees to the terms and cavenants contained in this Security ~
Instcument and ~n any cider(s) executed by Borrower aud recorded weth it. ~
, seai d delivered in the prescnce of:
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. . ' ~.:.:..:~:C,~9. .f..i. ~ .~`::.....~.t~.~..t..~~..~:~.(Seal)
~~OYC~?'M. G'OIACINO~ -eorrowe.
C , .
;
. . .(Seal)
--earower
(Spsce Bebw TNs line For Ackno,~kdtment)
STASE OF FIDRIDA COUNrY QF MARTIN
I I~~Y c~ertify ti~at an this da~, beforP me, an offioer duly authorized
in the state aforesaid in the the county aforesaid to take 3cknuwledymen*.s,
personaily appearecl ~CIYt~ M. OOLACIl~]0, an tu~unarried w~rti~n, t~o me ]sx~wn to be
*~e persons described in and wha executed the foregoing instnm~ent and ac}mavledged
before me that sY~e exe~.~-uted the same for the puipose therein expressed.
WITI~SS my hand and official seal in th~e co~mty and state aforesaid this ~
8th day of August, 1986.
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. = ' - No Public . ~
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" - - :~iy Conmission Expires:
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~`~5449
' 8b ~U~ l t A11 :40
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aooK 510 PAGf 9~9
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