HomeMy WebLinkAbout0938 RETURN ~Ot TILTON & WOODS~ P.A~
/?horn~ys et laws ~ , ~ t '
P.O. Box 1534 '
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, ;1936 N.E. Ricou Torra:.:, ~
, ~~~n Beach, FL 334~: ~
taith aontest such lien by, or defend ~~ainst enforament of such lien in, IeQal praxedin~s which in the opinion of
Lender operate to prcvent the enforcement of the lien or forfeiturc of the Pto~+eny or any pan thercof; or (c) shall
u~ure fro~n the holde~ of such lien an aQteemenc in a form satisfactory to Lender subordinatin~ such lien co this
Stcurity Instrument.
lf Lende~ dttermines that all or any p~n of the Propeny is subject to a lie~ which may attaia a priority over this
Stcurity Instrume~t~ Leider shall ~ive Borrowe~ a noticY ideneifyin~ such lien. Bo~rower shall satuty s~~h lien or take
one or more of the actions set fonh above within cen days of the eivinR of ehe notia. ~
G NOTICE
Uniform Covenant 14 of the Security lnstrument is amended to read as follows:
1~. Notice. Exapt fo~ any notice required undec applicable law to be given in another manner. (a) any notia to
Bonowe~ provided for in this Security Instrument shali be ~iven by deliverin~ it or by mailing it by fint class maii to
. Borrower ac che Propeny Address o~ ac such other addrcss as Borrower may designate by notia to Ltnder as provided
hercin, and (b) any notire to l.ender shall bt ~iven by fi~st class mail to Ltnder's addrcss stated herein or to such
other address as I.ender may designate by notice to Borrower as provided herein. Any notice provided for in this
Security Instrument shall be deemed co have been give~ to Borr~wer or Lender when given in the manner designated
hercin.
D. UNlFORM SECUR[TY 1NSTRUMENT; COVERNlNG LAW; SEVERABILITY
Uniform Covenant 1 S of the Security Instrument is amended co read as Collows:
iS. Uniform Security Instrument; Coverning I.aw; Sererability. This Corm of Securiry Instrument oombines uniform
ooveaants for nationat uu and non-uniform oovenants with limited variations by jurisdiction to oonstitute a uniform
security instrument ooverin~ real prop~ny. This Securiry Instrument shall be ~ovemed by Federal law ~sad the law of
~ the jurisdiction in which the Proptrty is located. In the event that any provision or clause of this Security Iastrument
or the Note eonflicts with applicable law, such conflict shall not atfect other provisioas of this Stcurity Inswment or
i the Note which can be given eR'ect without the oonfliccing provision, and to this end the provisions of this Security
; Instrument and the Note are dcclared to be severable.
E
E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST 1N BORROWER ~
Uniform Covcnant 17 of the Securiry Inscrument is amended to read as follows:
17. Transter at the Property or a Beneficial'Interest ia Borrower. If all or any part of thc Property or an interest
therein is sold or transferced (or if a beneficial interest in Borrower is sold or uansferred and Borrower is not a natural
ptrson) without Lender's prior written consent, Lender may. at Lender's option. declare all the aums stcsued by this
Security Inswment w be immediately due and payable. However, this option shall not be exercised by Leader if
exercise is not authoriud by Federal law.
If Lender exercises such opdon to acalerate, Lender shall mail Borrower notia of acaleraaon in aooordana with
paragraph~ !4 hereof. Such notice shal! provide a period of aot tess than 30 days fmm the date the nodct is mailed
within which Borrower may pay the sums declared due. If Borcower fails to pay such sums priar to the cxpiration of
+ such period, Lender may, without funher notia or dcmand on Borrowcr~ invoke aay remedies permitted by
; paragraph 18 hereof.
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? Notwithstanding a sale or •transfer, Borrowe~ wiU oontinue to be obligated under the Note and this Securiry
i Instrument unless Lender has nteased Borrower in writing.
F. LOAN CHARGES
~ If the loan ucured by the Security Instrument is subjecs to a law which sets ma~cimum toan charges. and that taw is
finally interpreted so that the interest or other IQan charges ooliccted or to be oollected in oonnection with th= loan
exaed permitted limits, then: ( t) any such laan charge shall be reduad by the amount aeccssary to ndua the
. charge to the permitted limit; aad (2) any sums already oollecte~ from Borrower ahich exaeded permitted limits will
be refunded to Borrower. Lender may choose to make this reCund by reducing the priaapal owed undtr the N6te or
by making a direct payment to Borrower. If a refund reduas principal~ the reduction will be treated as a partial
prcpayment under the Note.
i Itv WtTress W~te~EO~. Borrower h~s excc tbis A table Rate Rider.
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f ~~~~5 ST N M. F NN -Borrowrr
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~ ~6 p ~ ~5 ROBIN T. FINN •BonowK
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