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Notv-UyiFORM CovEN~tv Ts. Borrower and Lendr~ further cur~rnant and agrer as fi~llowti:
19. Accelentloa; Ren~edla. Lender shall gire aotice to Bor~owe~ prior to scceleratio~ foituwing [io~n~wer's
brearh otaay corenant or ag~reement tn this Security Inst~umenR (but not p~ior to acceler,~tion undr~ paragraphs !3 s~nd !7
unless applicable law pro~ides otherMist). The notlre shal) specify: (a) tht default; (b) tht action ~equired to cure the
detault; (c) a date. not less than 30 dsys fron~ the ~ate tbe notlce is gire~ to Bor~owe~, by which the defauit must be cured;
and <d1 th~?t tdlure to cure ths detault oe w belon tae date specifled ia tht notke may result in acceler~tion ot the sums
secured by this Security instrunsent, toreclasu~e by judicial ~oceedin~ aad sale of the Property. The notice sh,~it turthe~
info~m Bo~ro~er of the right to reinstste afte~ scceteratioa and the ri~t to sssert ie tht foreclosa~e proceeding ihe aon• ~
existeace of a defiult or aay other defaae ot Horrowtr to acceler:tion and toreclosun. It the detault is not cured on or
betore the date speclHed Ia the notice. I.eader at its aption m~y reqnlrc immediate payment in ful) o~ ail sums secured by
this Security Iastrument witlrout turther demand a~rd a~ay foreciose this Security Inst~ument by judicia! proceeding,
i.ender shall be eotitled to collect aU expeuaes iacarred 1a pursning the remcdies pro~ided in this paragrap6 19. inciuding.
but not limited to, reasonabk attorneys• (ees sad costs ottitk efidence.
20• I.ender jn Possessioe. Upon acceleration under paragraph 19 or abandonment of tne Property. Lrndrr (by
judicially appointed receiver) shall be entitlcd to enter upon. take possession of and manage the Property and ~o rollctit the
rents of the Property including those past due. Any rrnts collected by I.ender or the receiver shall be applied fir.t to t
payment oF the costs of managemtnt of the Propeny and collection of rents, including, but not limited tu, rc~eivrr's ferc, ~
premiums on receiver's bonds and reasonable attorneys' fea, and then to the sums secured by tnis Security Instrument. ~
2l. Release. Upon payment of al! sums securcd by ihis Security Instrument. Lender shaU release this Serurity
Instrument withaut charge to Borrower. Borrower shaU pay any recordation costs.
22. Attorneys' Fea. As used in this Securit~r Instrument and the Note, "attorneys' fees" shall include any attorneys' i
Cees awarded by an appellatt coun.
23. Riders to this Security Instrumeat. If one or more riders are executed by Borrower and re~:orded together wi~h
this Security Instnement. the covenants and agraments of each such rid~r shall be incorporated into and shail amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
lnstrument. (Ci~eck applicable box(es)]
_ ? Adjustable Rate Rider Condominium Rider G 2-4 Famity Rider _ ~j
s,
a,
? Graduated Payment Rider Planned Unit Developmcnt Rider : ~
,
Other(s) [specify]
i'
Bv SIGNMG BE~ow, Bocrower aecepts and agrces to the terms and covenants contained in this Security ~
, [nstrument and in any rider(s) executed by Borrower and recorded with it.
Signed~ and ddivered in t restnce of: J
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f ~au.,~:,~ ......~...~~!iLt.c .(Seal)
_ NEAL C. PETRI ~O"OMef
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. Qx~~~.A ...............~!:!-.....---.............................(Seal)
ROSSELLA S. PETRI -8oro"'~'
STATE OF FLORIDA, MARTIN COUtlty S5:
[ hereby certify that on this day. before me, an officer duly authorizcd in the state afvraaid and in th~ county
aforesaid to take acknawiedgements, personally appctred NEAI, C. PETRI, ~oined by his spouse
ROSSELLA S. PETRI , to me known to be the person(s) described in and who executed the ~
foregoing instrument and acknowtedged beforc me that they executed tht same for the purpose therein ex-
pressed.
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WtTrtESS my hand and official seal in the county and state aforesaid this gth day of
AUGUST ~ 19 86 .
My~~pmm~ssion expires: - .
~:~':»..~fL, MY CG~r~r.tilSSiOf: EXPIRESOMAR 2 U[
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BQQK 512 PA~E 926
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