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HomeMy WebLinkAbout0963 O~' NON•UNIFORM COVENANT3. Barower and Lender tuAher cove~anl and agree as fo~tows: 1~• A~plKttlOn: R~ee1~llM. Lender sh811 pive notice io Horrower prior to ecceleraibn loHowi~Q~! rowe~'s br ~f ; any covenant or agreemenl i~ Ihis Securiy InstrumeM (but not prior to acceieraibn under paragraphs•13bna f~7' uNess a 4 iCab~e ' law provides otherwise). The notfce shall specily: (aj Ihe delault; (b) the adion requtred to cure the de(aua; (c) a date, nd less lhar~ ~ 30 days hom the dale the notice is given to 8orrower, by wMch the defeuq musl be cured; and(c~ that faiture to cursthe delault on or betore the date specified in ihe ~nWice mey result in acoelerati0n ol ihe sums s~ured by ttis Security lnslrument, foredosure by ~ ju~cial proceedirig and sete o! the Property. The notice shaN turther intorm 8orrower of the right to reinslate efier acceleradion and t he rfgh! io assert !n the torecfosure pro~esding f he ~on-existe~ce of a default or any dher dsfense ot Bo~rower to acceleration and ; foreclosure. q the detauR is nat cured on or betore !he date specitied in the notice, Lender at ~s option may ~equire )mmediate payment in fuN ot all sums secured by tMs Security Inslrument withou! turther demand and mey foreclose ittis Security I~utrument by judici8! proceeding. lender shall be entRled to Wlted eil expenses incu~ted In pursuinQihe remedies ptovidedin Ihis paragraph ' 19, includina but nd iimited to, reasonaWe attorneys' tees and cosis Of tRle evidence. ~ Z0. ~~ndK in PosNaslan. Upon acceleiation under paragraph 19 or abandonment d the Properiy, Lender (by jud~cialy appointed receiver) shal! be eMilled io enter upon, take passession oi and manage the Property and to coilsd the ~ents of the ~ Property induding lhose past due. Any rerits ColieCted by lende~ or tf~e reCeiver shaq be applied ti~st to payment ot the casts af managemeni ot the Property and Coitection of rents, inctuding, but not limitedto, receiver's tees, premiums on receiver's bonds and ~V reasonable aftwneys' tees, and then to the sums secured by this $ecuriry Inst~ument. Zt. RNsata. U on p payment of ell sums secured by this Secur~y tnstrument, Lender Sh8lI releaselhis Security Instrumenl wiihout charge !o Borrower. Borrower shall pay any reoordation costs. Aliomy?i' Fa~s. As used in this Secur'rty Instrumer~t and the Note, "attomeys fees" shall indude any aitomeys fees . _ awatded by en appeltate court. ZS. RIdKS to ~ts 8sw?1!y Inshum«tf. If one or more riders are executed by 8arawer and recorded together with this Security lnsirumenl, the covenams and agreements of each such rider sha11 beincorporated iMo and shall amend andsupptemertt 1he cov+enants and agreements ot ihis Security Instrumert~ as it 1he rider(s) were a part oi ihis Security Instrument. [Check appiicaWe box(es)) ~ Adjusteble Rate Aider Q Condominium Rider ~ Q 2-4 Family Rider Q Graduated Payment Rider Planned Unit Oevelopmen! Rider • O~her(s) [sP~rc~ty] BY SiGNItVG BELC?W. Baroweraccepts and agrees lotheterms and cavenants coniained in tl~is Security Instrument and in any ~der(s) executed by Borrower and recorded with it. Sign seated and deliver ~n the presence ot: " ~ (Seal) R R -6«?ower (Seal) RAC BREC --e«rowe. STATE OF FLORIDA, $t, j,>>rip gg: I hereby ceniiy that on this day. betore me, an officer duly authorized in tfie state atoresaid and in the county atoresaid to take acknowledga~nents, personally appeared ROBERT LA BREC sud GRACE LA BREC , to me krawn to be the person(s) described in and ~Mio executed the toregoing instrurnent and acknowledge befare me that , t11~v executed the same for the purpose therein . expressed. ~ my hand and official seal in the c~mty and state aforesaid this 4th d~y ~ 19 87 r~ . t_ y' Nd~ ~•Ir'~;~id~ ~1,~~p . i~~. .~ct• ~ 1!/7 ~ . , , : _ . ~ Pub~ic : ~ ~„y,t~;, ~ ~ _ ~iot+~Y . ?~i , f' . ';-K ~ ~ ) , ` s ~ . '!f _ . V - , Prepared by: Barnett Bank of St. Lucie County 900 E. Prima Vista Blvd., Port St. Lucie, FI. 33452 ' tsv.a eaa. nri. ~..re ~~a«.+o Fa ~«+a.. r,d Asco~o« ~ 83Q499 '8? ~JN 16 P 1:08 ~FtLEJ.k~~~ r'~i:flR ERK DOl1Gl aS U+Xtli~ CL . ST. Lt~C1E COUNTY. FL. 60QK ~I'~! PAGE ~Uc7 . . . , ar~.N.,~ e., «r~eo~ ~ - i . - 1,'• 'Eks- _ _ - 4