HomeMy WebLinkAbout0988 NoN•UN1FOfiM COVENAN7S. Borrower and Lender furt?~zr coveaant and agree as follows:
14. Acceteration; Remedies. Leader ahall gtve nqtlce to @orro~ver prior to aeeeleration following ~orrower's
breach otany corenant or agee~ment in this Security J~strumse~t (but not prior to acceleratton under parAgrspbs l3 knd 17
unless app!ltable law provides otharMise). The nottce sf~all specify: (A) the default; (b) the actlon requtrcd to cure the
default; (c) A date, not less thAn 30 days irom the date tbe notice ta givea to ~orrower, by which the det~uft must be cured;
and (d) that lailure to cure t~e detault on ar before tbe date ~p~ciRed Ia the notice may resutt in acceteratlon nt thc sums
secured by thts Sesu~ity Iastrument, farectosure by judtctal procee~ding an~ sule of the Property. The notlce shall turther
inform Borrower of the right to retnstAte after acceleratton and the rlght,to asse~t in the fo~eclosure proceeding the non-
cxtstence of a dafault or any ot6er de~[er~se ot Borro~er to acceleration and toreclosure. If the default is not cured on or
before the d~te specifled tn the noHce, I.aender at !ts optton may r~uirc Immediate payment in t~li ot alt sums secured by
thls 5ecuetty Instrument without furtber demand and may forectos~ this Se~urity Instru~ent by Jadiclal prareed~ng.
Lender s~~t! be entitled to collect all expenses {ecurred in pursatng the remedies provlded in this paragraph 19, tnc~uding,
but nat !imlted to, reasona6le attorneys' fee~ ~nd costs uf tit~e e~idence.
24. I.ender in ~ossesslon. Upon accelecation under paragraph 19 ~r abandonment of the Property, Lender (by
judicially appointed receiver) shall be entitlec! to enter upon, take possession of and manAge the Property and to coltect the
rents of the Property.including those past due. Any rents coltected by Lender or the ~eceiver shall be applied first to _
payment of the costs of management of t~e Praperty and ~colleciion of rents, including, but not limited t~, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees~ snd then to the sums secured by this Security lnsirument.
21. Release. Upon payment of all sums secured by thes Security Instrument, Lender shall release this Security t
Instrument without charge ta ~3orrower. Borrower shall pay any recordation costs.
22, Attoraeys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shali inciude any attorneys'
fees awarded by an appellate court. ~
23. Riders to this Securtty Instrument. If one or more riders are executed 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 agre~ments of this Security Instrument as if the rider(s) were a part of this Security
Instrument. [Check applicable box(es)]
~ ~CAdjusCable Rate Rider Condominium Rider ~ 2-4 Family Rider _
Graduated Payment Rider Planned Unit Development Rider
? Other(s) [specify] -
BY SIGNING BELOw, Borrower accepts and agrees to the terms and covenants contained in this Security
' Instrument and in any rider(s) executed by Borrower and recorded with it.
~
I Signed, § ed and deliver in the presence of:
. .Q,-. Q~'~. ~ 6~'..~.."°'3......~ . .csea~~
(~ji " j~ . y~$ -Borrower
~a~r?'~Sr9~!~K...i(,.f: V•~--u ' . . ..Y... rrower
~Ir~-ti.J.. ..(Seal)
Witness B. DAVIS ~ ~
STA7'E OF FLORIDA, ST. LUCIE County ss: ~
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared BpB H. WEBB and RALFH B. DiA~tIIS
_ , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged bQFore me that }~y executed the same for the purpose therein ex-
pressed.
WtT~vESS my hand and officiat seal in the county and state aforesaid this 12}~ day of
,L~;~ . ~~~r , 19 gg ,
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My, ssion expires:
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