HomeMy WebLinkAbout0976 NON•UNIFORh1 COVENANTS. Eiorrower and Lender furlher covenant and agrce as follo~~~s:
19, AccelerAtton; Remedtes. I.ender shall give nottce to florrower pr(or to acceleration following Ilorrower's
breach of any coreaant or agreement in this ~ecurlty Instrument (but not pri~r to acceleration under paragr~phs 13 and 17
unless applicabfe law provides otherwlse). The notice shall specily: (a) the defautt; lb) the actlon required to cure the
detauih (c) a date~ not less ihan 30 days fYom the date the notice ls gtven to Bor~ower~ by which the default must be cured;
mnd (d) that failure to cure tbe default on or befoee the date speclHed tn the notice may result in accelerAtton of the sums
secured by this Securlty Instrument, foreclosuee by JudIcIAI proceeding and sale of the Property. The notice shall further
tnform Borrorier ot the rlght to retnst~te ~fter arceleretion and the rtght to assert in the foreclosure proreeding the non•
existence of a default or ~ny other defgnse oi Borrower ta accelerntton and toreclosure. If the detault is not cured on or
before the date spectfled in the notice, Lender et !ts option may rtqutre Immediate payment in full of all sums secured by
this Sesurity Instrument without further demand and may forectose thls Security Instrument by judicial proceeding.
Lender shall be entitted to copect all expenges lncurred tn pursutng the remedies provided in this paragraph 19, including,
but not limited to, eeasan~ble attorneys' [ees and sosts of title evidence.
20. Lender in Possesston. Upon acceleration undGr paragraph 19 or abandonment of the Property, Lender (by
judicially appainted receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the
rents of the Property including those past due. Any rents colltcted by Lender or the receiver shall be applied first to
payment of'the costs of management of the Property and coflection af rents, including, but not limited to, receiver's fees, ~
pren~iums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrumen?.
2y. Rele~. Upon payment of all sums secured by this Security Instniment, Lender shall release this Security
Instrument without charge to 13orrower. Borrower shall pay ~ny recordation costs.
22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include any attorneys'
fees awarded by an appellate court. ~
23. Riders to thls ~ecurlty Instrument. If one or more riders are executeci by Borrower and recorded together with
this Security Instrumtnt, the covenants and agreements of each such rider shall be incorporated into and shall amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part ot this Security
Instrument. [Check a?plicable box(es)]
Adjustable Rate Rider ? Condominium Rider ? 2-4 Family Rider
~ ~ Graduated Payment Rider ? Planned Unit Development Rider
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; ~ Other(s) [specify)
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~ BY SIGNING BELOw, Borrower accepts and agrees to the t~rms and covenants contained in this Security
~ Inscrument and in any rider(s} executeri Borrower and recorded ~ h it.
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~ Si ed sea and eliver n ihe pres~ c of:
Seal
~ ' ' ' ( )
~ Samuel R. Pe~ rkin, Jr -eo~rowe~
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~ • (Seai)
Shirle R. Peterkin ~Off°"'ef ~
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~ (Seal) ~
, ~ -Borrower
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~ -Bptro+Ker ~
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3 [Spxe Beba 7Tds L'me Fa .~tknanted~rrxrtt] ;
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~ STATE OF FLORIDA, St. Lucie County ss:
~ I hereby certify that on this day, before mc, an ofticer duly authorized in the state aforesaid and in the county
~ aforesaid to take acknowledgements, personally appearcd
~ Sa~uel R. Peterki.n, Jr,
Shirley R. Peterkin
, to me known to be the person(s) described in and who ~xecuted thc
foregoing instrument and acknowledgcd before me that THEY executed the same for ihe purpose therein
. expressed.
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WiTt~ESS my hand and ofl"i ial seal in the county and state aforesaid this day of
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M~r,~`i~s~' ~czpires:
' J.~L~~~.i~~~.~~~~i`.
~ ~=t~,~~'~' Plotary Publ:e
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~'1~~~~ Nqtary Publ~c, Siate of Florida
; ~ ' ~ . ' ;I~ly Cor:r~6ssion f,~~sires `f=~ty 19. 1981 '
~ J~~ ~ V•t.-;_~~, j, boadod iGru Iray fa:n - I~i.u: c~. Snc, .
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