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HomeMy WebLinkAbout0942 i NoN•UN1FOR:H Cov~NANTS. Borrower and i.endcr furt~ercovena?~t and agree ax follow•s: ~ ~ 19. A~celeration; Remedtes, I.ender shAlt glre noticc to Borrower prlor to acceleration folloNing Bo~rowe~'s ~ breach ota~y rnvenaat or Agreement ln thla Securlty lastrument tbut not p~ior to accele~ation under paragraphs 13 a~d 17 ! unless Applicable I~w provides othe~wise). The notice sh~ll specify: (a) the defAUlt; (b) the Action ~equired to cu~e the ~ detaulh (c) A date, not less ttwn 30 days ~rom the date the notice is giren to Bor~ower~ by which the default must be cured; and (d) thAt tailare to cure the default on or betore the date specifled tn the nottce may ~esult in ~cceleration of the sums ? secured by this Security Insttument, loreciosure by judtcial praceeding and snle of the Property. The aotice sbail further inform Bo~~ower vf the right to reinst~te after ~cceleration w~d the rtght to assert in the foreclosu~e proceeding the non- exislence of a default or any other defense of 8orrnwer to Acceleration And foreclosure. If the defautt is not cu~ed an or before the date speciHed in the notice~ Lender at its option may require immediate payment in fulf of all sums secured by this Security Instrument without turthe~ demxnd And may foreclose this Security Instrument by judicial proceed'+ng. I.ende~ shall be entitted to coilect all expenses incur'~ed in pursuing the remedies provided in this paragraph 19, including, but not timited to, res~sonable attorneys' fees and costs of tttle evtdenre. 20, [.ender In Possession. Upon acceleration under paragraph 19 or abandonment of the Proper~y, Lender (by~ ~ _ judicially appointed receiver) shall be entilled to enter upon. take possession of and manage the Yroperty and to callert thc ~ents of the Properiy including those past due. Any rents collected by Lender or the receiver shaU be applied firsi to ~ payment of the costs of management of the Property and collection of rents, including, bnt not limited la, receiver's Pee., premiums on rereiver's bonds and reasonable attarneys' fees, and then to the sums secured by this Srcurity Instrument. { 21, Retease. Upon payment of all sums secured by this Security Instrument, Lendcr shall release this Serurity ( Instrument without charge to Borrower. Borrower shall pay any recordation costs. 22, Attorne)'s' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shali include any attorncy~' fees awarded by an appellate court. 23. Riders to t6is Security Instrument, If one or more riders are executed by Borrower and recorded te~gether ~+~ith this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements af this Sec.urity ]nslrument as if the rider(s) uere a part at thiti Securit~• Instrument. (Check applicable box(es)j ~ Adjustable Rate Rider ~ Condomioium Rider 1 2-4 Family Rider ? Graduated Payment Rider ~ Planned Unit Development Rider ~ Other(s) [specify] 4 E BY StGNING BELOw, Borrower accepls and agrees to the terms and covenants contained in this Serurity Instrument and in any rider(s) executed by Borrower and recorded with it. ~ ' ed, s I d a e w i th presence of: ~ ~ . . . . , . . . i . .r~~~C~O~!:..~..''!.~..L'~..`.,~!~.G..~~~d:~.~.(Seal) F ~ ~-e Claren A. Mc r on -ao«owe. F ~ . . . . . . v..........._..................... Seal) ~ ,..a ~ Elain ~ M~orrison t -so..awe. t ~ I i i # i 1~F~~ STATE OF ' ~ ~ I ~ COUNTY ~ I hereb`Si~ certify that on this day, before me, an of'ficer dul authorized in the state aforesaid and in th county oresa'd to take acknowledg ents, personally appeared ,C1aYance. A.. I~cCorrison, and .Elaine P. MeCorr~son, h~s w~fe ~ . . to me known to be the person{s) described in and who executed the foregoing instrument and acknowtedged i lxfore me ihat CtleY........ executed the same for the purpose therein expressed. WITNESS my d and of~icial seal in the county and state aforesaid this ..................24t11..................................... .......................day of....._..',:. ~ ..................................19..$7... : My CQ~is~ibn~tapjr 5~ ~~O ISea1 ~ ~ t ` - . . . . . . olary . ud . . . . . . . . . . . . . . . . ~~ti=:.: ~ P _ ~ ~ . _ ' Ni ' ~'~erit prepared by : ,~,•4~t~ Insurance Corporation - ~ . ~ '~o~th Highway 1 'fi~ 3~E. Lucie, FL 33452 I derit to the issuance of a title insurance contract. 1870528 ~ ~ ~ ~ ~ -'`'L-- ~ 800K5~ PAGE 942 ~C= ~ , - _ . . ~