HomeMy WebLinkAbout0992 Nc?ti U~tFC>R~t C~~v1:ti ~tils l3nrruH•er and Lrnder further covenant and agrer a, i~~,ll„~~,:
!9, Acceleration; R~~medies. Lender shaU give notice to 13orrower prior to acccleration folloNin~ IiorruHrr's
brcach of any covenant or agreement in this 5ecurity Instrument (but not prior to acceleration under paraRraphs 13 und 17
unless applicable law provides otherwise). The notice shalf specify: (a) the detauit; (b) the action required to cu~c thc
default; (c) a date, not less than 30 days from the date the notice is given to Borrower~ by w•hich the default must be rured;
and (d) that failure to cure the default on or before the date specifled in the notice may ~esult in acceleration of the sums
secured by this Security Instrument, foreclosure by judicial proceeding ~nd sale of the Property.l'he notice shail further
inform Borrower ot the right to reinstate after acceleration and the ~ight to asscrt in the foreclosure proceeding the non-
existence of a default or any other defense of Borrower to acceleration and foreclosure. if the default is not cured on or
before the date specified in the notice, I.ender at its option may require immediate payment in full of all sums secured b}~
this Security Instrument without further demand and may foreclose this Security Instrument by judicial procecdinK.
I.ender shalt be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19. includinK,
but not limited to, reasonabie attorneys' fees and costs of title evidence.
20. [.ender in Possession. U~n acceleration under paragraph 19 csr abandonment c1f the Yro~rty, l.cnder ~by
judiciaily ap~inted receiver) shalt be entitled to enter u~n, take possessian af and manage the Yroxx rty and to rollect thr
r.nts of the Property including those past due. Any renis collected by Lender or the rereiver shaU be applied fint to
payn~ent of the costs of management of the Propert~~ and collection of rents, including, but not limited tu, recei~-er's ferti,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured b}' this Sccurit}' Instrutnent.
2t. Release. Upon payment of all sums secured by this Security tnstrument, Ler~der shal! release this Security
Instrument w~ithout charge to $orrower. Barrow~er shall pay any recordation costs.
22. Attorneys' Fees. As used in this Security lnstrumrnt and the Note, "attorne}~s' (ees" tihall include an~~ auorne}~~'
feet awarded by an appe!late court.
23. Riders to this Security Instrument. If one or more riders are executed by I3orrow•er and recorded together ~~~ith
this Security Instrument, the covenants and agreements of each such rider shall tx; inrorporated int~~ and tihall amend and
supplement the co~~enants and agreements of this Security (nstrument .is if the rider(s) ~~•ere a part af this Serurit}~
Instrument. [Check applicable box(es)]
_ ~ Adjustable Rate Rider `1 Condominium Rider .;?--i Famil}~ Rider _
~ Graduated Payment Rider ~ Ptanned Unit Devrlo~n~ent Rider
~ nther(s) (specify]
Rv SIC;tiIt~u BEt.c~w, I3arrower accepts and agrees to the terms and co~•enants contained in thi? Securit}
[nstrument and in any rider(s) executed bp Borrow•er and recorded with it.
Sign id, seaicd and deliver~d~n th resence of:
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. ~ STANK06KI ~ , o,~o+ie•
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~ . 3C1A[~R3E STANKO~KY~ ~ ~ -ao„o~~„
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STATE OF FI.ORlDA, ~CIE County ss:
! hereby certify that on this day, before me, an officer t~ thori ed in the state aforesaid and in the count~~
aj~~~~~a~ ~~~I~K~o'~I~¢~~m~~~personally appeared ~ ~KI AND
J ~NN tl r'
, to me knawn to be the person(s) described in and ~~•ho excrutcd the
foregoing instrument and ackno~sledged before me that ~Ey j~ executed the same for the purpose therein e~-
pressed.
~'IIN~SS~my hand and official seal in t~ county and state aforesaid this ~"6~ d~v o1
EX~1~'B , ( 9 .
~f~ (1~ •3;
My Corpriii~Siott~~X~ires:
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' (~eaM`~ ~ Ni,tary Pu it
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' A I) S~ 3~. " NOTARY P1~8~'n $TA~ ~1.4R10A
. T: AT lJIR6E. M1r OOM~IISSI4N
` EXPIRES MA~ 8~ 1988
r ; . .
500 86000 41 9
23-500 56 8
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` 8~0525 PAb~0992