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HomeMy WebLinkAbout0960 . ~ 1•:'~ ~ . : NON-UMFORM COVENANTS. E3orrower and Lender turthar covenant and ag?ee as foltuws i9. Accele~aUon: Remedles. Lender shall give notice lo Borrower prior lo acceteration bllov~ing Bor: ower's breach ol any covenanl or agreemenl in Ihis Securily Insl~ument (but not prior to acceleration under paragraphs 13 and 17 unless appticable law provides otherwise). The noticQ shall specify: (a) tl~e detauil; (b) the aclion required to cure the defaull; (c) a date, not tess than 30 days Irom lhe date the nolice is c~iven to Borrower, by which the detault musl be cured: and ( d) that (ailure to cure Ihe defau~l on or betore the date specified in the notice may result in acceleration oi ti~Q sums secured by Ihis Security Instrument, foreclosure by judicial proceeding and sale ot the Property. The noticQ shalt (urthe~ intorm Borrower ol theright to reinstate after acceleration and the righl to assert in Ihoforeclosure pro~eedingthenon•existenceof adetaull orary other deten~eof F3orrower toacceleration and foreclosure. It the deiault is not cured on or before the date specified in Ihe notice, Lender al its option may ret~uire immediate payment in tull o( all sums secured by Ihis Security Instrumenl without furlher demand and may foreclose ihis Secucity Instrument by judicial proceeding. Lender sha11 be enlilled to collect all expenses incur~ed in pursuing Ihe remedies provided in this paragraph 19, including, but not limited to, reasonable atiwneys' tees and costs o( title evidence. 20. Lender !n Posaetslon. Upon acceleration unde~ paragraph 19 or abandonment o! the Property. Lender (by jud+cially appointed receiver) shall be entitted to enter upon. take possession ot and manage the Property and lo collect the rents of the Property including those past due. Any rents collected by ~ender or ihe receiver shall be auplied (irst to payment ot the casts of management ot the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attomeys' tees, and lhen lo the sums secured by this Security Instrument. 21. Release. Upon payment of all sums secured by this Security Instrument, Lender shall releasethis Security Instrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Feea. As used in this Security Instrument and the Note. ' attorneys' tees" shall include any atlo?neys' fees awarded by an appellate court. ~i ~ E 23. Rlders io thls &ecurlty Inatrument. If one or more riders are executed by Borrower and recorded together with this ~ Securily Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supptement the~covenants and agreements ot this Securily Instrument as it the rider(s) were a part of this Securily Instrument. (Check ~ applicable box(es)J Q Adjustable Rate Rider 0 Condominium Rider Q 2-4 Family Rider ~ i ~ Graduated Payment Rider 0 Planneci Unit Development Rider E ~ Other(s) [speciiy] ~ + BY SIGNING BELOW. Borrower accepts and agrees to theterms and covenants contained in this Security Instrument and in ~ 1 any rider(s) executed by Borrower and recorded +vilh it. ign d, sea ed and detiver d in the presence ol: (Sea~) P UL E. TAY 0 -eonah~+ ' ~ = (sean ~ BARBARA E. TAYLO -°or°''~` STATE OF FIORIDA, St. Lucfe _ County ss: I herehy certify that on this day, before me, an officer duly a~lhorized in the state a(oresaid and in the county atoresaid to take acknowledgements, personally appeared PAUL E. TAYLOR and BARBAR.A E. TAYLOR , to me known to be the person(s) described in and who executed the toregoing instrument and acknowledge before rr~e that they executed the same tor the purpose therein expres~ed. ~ "S 14V1Tt~~S my hand and official seal in the caunty and state atoresaid ihis day of ~ . E:.. , ,19 . ~ ,~'~~~~~:~~'lf {~~r=':-~' - ! : ' ~ . ; j}~~or~§lo' , _res: ~ . 2 ~ ~t ' f` y~~y, v+~}~;,, ti.~',°:~`: ' `'NOTANY PJBLIC. STATE OF fIORIDA ~ ~ ~dY COiAMISSION EXPIRES SEPT 3.1990 r~~aryP~~c - ` : . !j~"tl`n~~d:$,. Y ~ . Barinett Bank of St. Lucie County 900 East Prima Vista Blvd. Port Sk. Lucie, FL 33452 , (Space Betaa This L~re Reserved Fa LeWer ~ Recorder ~VV.R,~ ~ A9:f2 ' ~ IL~ AND Fc Ct)~~t; ~Q TGLU.ClE~~~`AS~ t,~.ERK 4UN~ Y. ` , • . . ' ~ ' ~fl 5 ! ~ P~6f 0 9 S 6 ~ ~,9 ~Y ~ ~ P~ ~-~P ~ ~ .,~-c~ -