The URL can be used to link to this page

Home My WebLink About0929 1 a. Tr~nstar oith~ P~p~sty or a~~n~~..~:rl s~i~~t i:: ~i~ri~~~r. ~tt ar?S~ ~~rt ;~i~ c~:;rty a~y #~t~r~~t ~n ii is soid or t~ansier~ed (or ii e be~eficial interest in Mortg~g~ is sald o~ sfsrred and Mortgegar ls not a naturat person) without lendt~r's prior written consent, Lender may. at its option, r~ire immediate payment 1n tull of all sums secured by this Mortgage. However, this option shall not be exercised by Lender if exercise ia prnhibited by fecieral law as of the date of this Mortgage. If l.ender exercises tFls option. Lender shall give Mortgagor 7otice o~ acceleration. The notice shall provide a period of not less tha~ 30 days from the date the notice is delivered or mailed within which Mortgago~ must pay all sums secured by this Mortgage. II Mo~tgagor faits to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitte~i by this Mongage without funher notice or demand on Mortgagor. NON•UNIFORM COVENANTS. Mo~tgagor and Lender further covenant and agree as follows: 17. AccalKation; R~m~dNs. ~pon Niartgegor's breach of any covenant or a~reement of Mort~agor in the Note or this Mongage, including the covenants to pay when due any sums secureJ by this Mortgage, Lender, at Lende~'s option. may declare all otthe sums secured by thla Mortgaae to be immediately due and payable without turther notice or demand and may toreclose thfs M~rt~age by.judicial proceeding. Lender shall be entitled to collect in such p~ocee~ing all expenses of fo~eclosu~e, including. but not limited to. reasonable attomeys' fees. and costs oi documentary evidenCe, abstracts and atle reporta. 15. Assi~nm~nt of R~nb; Appolntment of R~c~ivK. As additional security h~reunder, Mongagor hereby assigns to Lender the rents of the P~operty, provtaied that Martgago~ shail, prior to acceleration under Paragraph 17 hereof or abandonment of the P~operty, have the right to coliect and retain such rents as they become due and payable. Upon acceleration under Paragraph 17 hereof or abandonment of the P~operty. Lender shall be~ entitled to have a ~eceiver appointed by a court to enter upon, take possession of and manage the Property and to coilect th~ r~nts of the P~oparty, includtng those pas! due. All rents collected by the receive~ shall be applied first to payment of the cost of management of the Property and collection of rents, inciuding, but not limited to. receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, ~nd then to the sums secured by ti~is Mortgage. The rec~iver shall be liable to account only for those rents actually received. 19. Releas~. Upon payment oi all sums s~cured by this Mortgage. Lender shall r~lease this Mortgage without charge to INortgagor. Mortgagor shall pay all costs of recordation, if any. 20. Attorn~ys' Fees. As used in this Mo~tgage and in the No3e. "attorneys' fees" shail include attorneys' fees. if any. which may be awarded by an appellate court. 21. Waiver of Exemption Rights. To the extent permitted by law, Mortgagor hereby waives and transfers to Lender any exemption rights with respect to the Properiy granted under applicable state or federat law. 22. LendK's Csll Option. Notwithstansiing any provlsion to the contrary contained in the Note. Mortgagor hereby covenants and agrees th~t Lender shall have the right, at its sote option. to declare the entire outstanding principal balance of the loan evidenced by the Note and accrued interest thereon to be due and payable in iull on a date not less than N~ A ( ) year3 from the Date of the Note. except that Lender, if it exercises such call option, shall send Mortgagor written notice thereof at least ninety (90) days [but not more than one-hundrsd and twenry (120) days] prior to such accelerated loan maturity date. The written notice to Mortgagor from Lender will set forth therein the l.ender's accelerated maturity date for the loan. Prepayment in full of the loan as a direct result of Lender's exercise ot its aforesaid call option shall not be subject to any prepayment penalty othe?wise applicable under the provisions of the Note. if the space atove for insertion of a date in this Paragraph 22 is marked "N/A", Lender does not reserve a call option. RE~UEST FOR NOTICE OF DErAULT AND FORECLOSl1RE UNDER SUPERIOR- iNORTGAGES OR DEEAS OF TRUST Mortgagor and Lender request the holder of any mortgage, deed of trust or other encumbrance with a lien which has priority over this Mortgage to give Notice to Lender, c/o Manufacturers Hanover Financial Services, 3103 Philmont Avenue, Huntingdon Vailey, Pennsylvania 19006, of any defau4F ~3nder the superior encumbra and of any sale or other foreclosure action. ~ IN WITNESS WHEREOF, Mortgagor has executed this Mortgage. PRE ERRED R EARCH P. 0. BOX 3051 . NOTICE TO MORTGAGOR FORT PIE~CE, fl 33448 Do not sign thls Mo~tgage it it contains blank spaces. All s~+aces should be completed before you ~ign. Signsd, sealed and delivered ~ in the p senc,e of: - C'' ` - (Seal) WR u~y+pa .~tOQC'!~fZ~ (Seal) W~~u Maip~por ~Seal) I w~tn.a, Yarp~pa STATE OF FLORIDA, - t Luci e Caunty ss: I hereby cortify that ~n this day, before me, an ofiicer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, pers~nalty appeared 1= h a r 1 i P Cn 1 c1 P n a n ri A 1 m@ n a G~ 1 d e n to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that t h? executed the same for the purpose therein expressed. 12th . WITNESS my hand and official•s~~tiZe~~qunty and state afaresaid this day Of Q.p r c~ m h p r -~ti„ ~9_$b.-. y ~ • P~Ay Commission expires: L o~ ^ . .f • o ~ ~ ` ? . (Seaq -.'~w= : ~ . ~ S•~~~' , . , . - ~Q g Z ~ PUBUC. ~1tA'1'E'6'1~ FLORIDA. 'i;,•~~ NY COMNISSI~N EXPIRES MAY 29. 19 pKpip TMIIY NOTAl1Y ?Y~uG UND[RYrRIT[1lt - - ~.`r . ~'o"i: . _'~~i' • . - - - . _ . j _ -