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HomeMy WebLinkAbout0980 ~ ~ NoN•UNIFORM Co~~~N~NTS. Borrower and Lender further covenam and agree as follows: ~ 19. Accele~atton; Remedtes. i.ender shs~ll give notice to Borrowe~ prior to Acceleration tollowing 8orrower's breach of any coven~nt o~ ~greement in thia Security Instrument (but not prio~ to ttccete~tion under paragraphs 13 ~nd 17 ~ unless ~pplic~ble law provides othenrtse). Tbe notice sh~ll apecify: (s) the default; (b) the action requtred to cure the ; det~utt; (c) ~ date, not less than 30 days from the date tbe noNce is glven to Borrower, by which the def~~eit must be cured; and (d) that hilure to cure the default on or before tbe date apecifled in the notice may ~es~:lt in ~ccelenttion ot the sums ~ secured by this Secu~ity Instrument, foreclosure by judici~l proceeding and sale of ths Pmpeny. The notice shall further inform Borrowe~ of the right to retnstate atter Accelerstion and the right to useK tn tbe torectosure p~oceeding the non• existence ot A default or ~ay ather detense of Bonower to Aceeleratton and foreclosure. If the det~ult is not cured on or before the dnte specifled in the notice, I.ender at its option may require immediate psyment in fuil of ali sums secured by this Security Inst~ument wlthout turtber demaad and nwy foreclose this Security Instrument by judicial proceeding. Lender shall be entttled to collect all expenses incurred ia pursying the remedies p~ovided in this parAgrAph 19, including~ but not limited to, ressonable Attorneys' tees s~ad cosb of title evidence. 20. I.ende~ in Possession. Upon acceleration unde: paragraph 19 or abandonment of the Property, Lender (by judicially appointed receiver) shatt be entitted to enter upon, take possession of and manage the Praperty and ta collecl the rents oP the Property including those past due. Any rents colteeted by Lender or the receiver shall be applied fir~t 10 payment of the costs of management of the Property and collection of rents~ including, but not limited tu, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by this Security Inxirument. 21. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument without charge to $orrower. Borrower shalt pay any recordation costs. ~ 22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorney.s' fees" shall include any at~orneys' ; fees awarded by an appellate court. j 23. Rjders to this Security Instrument. If one or more riders are executed by $orrower and recorded together vvith ~ this urity Instrument, the covenants and agreements of each such rider shall be incorparated into and shali amend ~nd ; supple ent the covenants and agreements of this Security Instrument as iP the rider(s) were a part of this Security~ Instrument. [Check applicable box(es)] ~ Adjustable Rate Rider Condominium Rider 2-4 Famity Rider Graduated Payment Rider Planned Unit Development Rider ? Other(s) [specify) ~ BY SIGNING BELOw, Borrower accepts and agrees to the terms and covenants contained in this Securitp ~ Instrument and in any rider(s) executed by Borrower and recorded with it. ~ Signed, sealed and deiivered in the presence o;: . . ....c~.-~l..~.......: ~/.~~.Q~C~t-G~t..,~• eal) W . L . McLENDON -eor•Orier . . J / ~ . . ~l?"7~~ .Y. ..........................---...(Seal) . -Borrower ~ ~ ~ ~ STATE OF Florida COUNTY ~ I hereby certify that on this day, before me, an ofiicer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared . W... Ir.. .~Ic.~~~dQ~.. a!k/.a..W~~7[,L~i~~.. ~MA~. .I`'1CI.i~I1TpON,. .~..5~.~.g~.e ' ...............Zdt11.~......................, to me known to be the person (s) described in and who exeruted tht foregoing insirument and acknowledged ~ ~ before me that,~......he.......... executed the same for the purpose therein expressed ' WITNES~S,~1y hand and oRcial seal in the couety and state atoresaid this ~ 'i oL....... . 19....8.7. ......................................................day , , ry, . i • a . { My.~i~ / -llD' $ ~ ~ • ' ` r~?; ~'t ~ . . i ' a9 r,~~s~: 3~ ~ NOtary Pub1iC ~t~~' , ~~v.r3`-- ~ r. ~ 'r~'~'f-' t ,f~f ~~hi#~~:.iristrument prepared by : y ~ ~Bi~i2A~` J . Bidle ~ y ~ ~asure Coast Abstract & TItle Ins. Co. ~ ~ 401B So. Indian River Drive ; f Ft. Pierc~, F1. 33450 ; ~ ~ ~ ~ Bn0S30 PbGF0979 ~ ~ - _ . _ . ~ , -