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NoH•UNIFORM CovENANTS. Borrowe~ and Lender further covenant and agree as follows:
19, Acceleration; Remedles. I.ender shall give notice to Borrower prtor to accelerntton following Borrower's
breach of any co~enant o~ agreement in this Secu~tty Instrument (but not prior to acceleration under paragraphs 13 and 17 ~
unless Applicable law provides otherwise). The notice shall spectty: (a) the default; (b) the action required to cure the
detautt; (c) a date, not less thna 30 days trom the dAte the notice is given to Borrowe~, by which the default must be cured; ~
and (d) that tallure to cure tbe default on or befo~e tbe date speclAed in the notice may result in acceteration of the sums s
secured by this Security Instrument, forectosure by judtcial proceedtng and sale of the P~ope~ty. The notice shall fuNher
inform Borrower ot the ~ight to reinstste afte~ accelerntion and the right to assert in the foreclosure proceeding the nan• ~
existence oi ~ default or any other defense of Borrower to acceleratton and foreclosure. if the detault is not cured on or
before the dsite spe~[fled in the notice, Lender ~t its opHon ms~y re~utre tmmediste payment in full of all sums secured by
this Security lnstrument without furt6er demsu~d and may foreclose this Security Instrument by judicial proceeding.
I.ende~ shall be ehtitied to collect all expenses incurred in pursuing the remedies prorided in this paragraph l9, inctuding,
but not limited to, reasoaable attorneys' tees and costs of title evtdence.
20. Lender ia Possession. Upon acceleration under paragrapfi 19 or abandonment of the Property, Lender (by
judicially appointed receiver) shall be entitled to enter upon, take possession oPand manage the Property and ta collect ihe E
rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to ;
payment of the costs of management of the Propeny and collection of rents, including, but not limited to, receiver's fees, l
premiums on rtceiver`s bonds and reasonable attorneys` fees, and ihen to the sums securcd by this Sc~c;urity tn~tntmeni. ;
Zl. Reteau~. Upe~n payn~e~yt of all sums s~:ured by this Sccurity lnstrument. Lender sha!! release this Security =
. Instrument without charge to Borrower. Borrower shall pay any recordation costs. ~
22. Attorneys' Fees. As usecl in this Security Instrument and the Note, "attorneys' fees" shali include any attorneys'
fees awarded by an appellate court.
23. Riders to this Secu~ity Instrument. If one or more riders are executed by Borrower and recorded together with
this Security Instrument. 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 of this Security
Instrument. [Check applicable box(es)j
G1 Adjustable Rate Rider ? Condominium Rider [j 2~3 Family Rider
~ ~ Graduated Payment Rider Q Planned Unit Development Rider
~ ~ Other(s) [specify]
~ BY SIGNING BELOw, Borrower accepts and agrees to the terms and covenants contained in this Security
~ ~nstrument and in any rider(s) executed by Borrower and recorded with it.
} ~5igned. led and delive ed in the presence of:
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- ~ • [Spxe Bebw This Line Fa Acknowledgme~tJ
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' ~ FLORIDA ST. LUCIE
. ~~TATE OF , County ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgments, personally appeared `
JCHN J . [~IJI~HAD SIId and '
!
BRF3~IDA W. MJLE~II1 SL~1, HIS WIFE . ~
,
To me known to be the person(s) described in and who executed the foregoing instrument and acknowledged ;
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before rr~e that executed the same for the purpose there in expressed. E
t,hey
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~ ITNESS my hand and official se 1 in the county and state aforesaid this 3 day of
1 ~ /~'I aRo.~ ,19 ~P
Notary Pubiic State of Florf~
_ .t3 At large, My Commission Expite~„ -
February 25.1989
P; My Commission expires: . . . . . . . . . . . . . . . . . . . . . . . . . . . .
_ ~ Notary Public
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j ;~.1~~iARY SEAC
l (Seal) REQUiRED ~Y ~IORIDA lAW 8~1923 . ~ .
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~ ~ '87 MAR 10 A11 :53 "r r~~~' .
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