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HomeMy WebLinkAbout0961 ? ~ NotvUNIFORM COVENANTS. Bo~rower a~d Lende~ further covenant and ag~ee as follows: 19. Acaleratioa; Remedles. I.ea~er sh~ll gir~ aottce to Bo~rower p~io~ to sccelersitton following Borrorie~'s breach ot aay coren~at or aareemeat la tbis Sacurity Iastrument (hut not p~Ioc to accelent(on under panarspl~.s 13 ~nd 17 unt~ss appltcable taN pto~ida othernise). The aottce ahall specify: the d~tnalh (b) tbe :ctlon ~equlred to cure tha delault; (c) a date, bqt less tb~n 30 days from the date the aodce b Qiren to Borrowe~, by wh[ch the defsult must be cu~ed; ~nd (d) tlist fdlure to cure the default oa or before the date speciRed in tbe aottce ~asy ~ault in sccelerstion of the sums sec~ued by t6ts Security Iaat~ument, toreclosu~e by Judlcl~l proceedtag sad sale of the Property. ?he aotlce shalt fu~the~ tnfocni 8orrower o[ t6e ~taht ta roiastate ifter acceler~tloa and the ~Igdt to sssert ia tht fo~eclosure p~oceediag the non- existeACe oi a def~ult or any pther dateast ot Bo~ro~er to acceleration and toreclosure. It tbe detault ts aot cured on or beta~e the date spectAed ia the nottce, I.ender at Its option may requlre Immediate payment im(ull of all sums secur~d by thIs Secuc3ty Iastrument witAout turther demand and n~y foreclou ihis Slcurity Iastrument by judicial proccedtng. Leader shall be entttlcd to collect all expenses incurred in pursuing the remedies p~ovided in this paragrapb 19, including~ but not lfmited to, rwsonable attorneys' lecs aad costs ot Utle ertdeace. ' 2Q. Lender tn Possesston. Upon acceleration under paragraph 19 or abandonmen! of the Property, Lender (by judicially appointed receiver) shall be entitled to ente~ upon, take possasion of and manage the Property and to coltect the rents of the P~operty including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the cosu of management of the Property and collection of rents, inciuding~ but not limited tn, rcc.~iver's fces, premiums ort receiver`s bonds and reasonabl~ attorneys' fas. and then to the sums secured by this Security Instrument. 22. Rettase. Upon payment of all sums secared by this Security Instrument. Lender shall relrase this Security Instrum~nt without charge to Borrow;r. Bonower shall pay any recordation costs. 22. Attorntys' Fees. As used in this Security Instrument and the Note, "attorneys' fea" shall i~clude any attorneys' f~a awarded by an appellate court. t. i 23. Riders to tbis Securlty Instruroea~ If one or mo~c riders are executed by Borrower and recorded together with this Security Instrument. the cov~nants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agraments of this Security Instcument as if the ride~(s) were a part of this Security Instrument. (Check applicable box(a)j . • _ ? Adjustable Rat~ Rider Condominium Rider 2-4 Famity Rider _ ' ~ Gcaduated Payment Rider ~ Planned Unit Davelopment Rider X Oceupancy R i de r ~ ~ Other(s) (specifyj i ~ BY SIGNtNG BE~ow~ Borrower accepts and agre~s to the t~rms and covenants containcd in this Security ° Instrument and in any rider(s) executcd by Borrower and recorded with it. - ~ ~ Signed, sealed and delivered in the praence of: ~ . : ~.-..~~u~-~..v........ . ~ ~ ~ '~eorge ?fi' as 'Ad'am's'; 'r:...` :(Seal) I ~ ~ ~ ~ r t ~~~.l,~~~~'~~P. ~-u ~ , c~p.n~.?:..... ~ ~ ~F~arji..bu ji..llc7a~iris~ .......(Seal) ~ ~ ~ -9onown ' STATE OF FLORIDA, Ma rt i n County ss: I I hereby c~rtify that on this day. before me. an officer duty authorized in the state aforesaid and in the county ` aforesaid to take acknowt~dgements, personaily appeared ~ GEORGE THOMAS ADAMS, JR. AND MARY DUFFY AbAMS, his wife ~ ~ . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that they executed. the same for the purpose thercin ex- presstd. WITNESS my hand and official scai in thc coun~y and ~tatc aforesaid this c~~~i! • day of June , 19 87 . - My Commission expirts: ~ /~7~ • * - C~~ s . . . . . . . . . . . . . . . . . . . . . . .Nocary Pubtic . . . . . . . . . . . . . . . . . . . . ~ ' ~ ' ' • , _ . ' . kDT/RY F1:bLi"t Si,tT[ ;~r cL:~a:dA . ' Mr CCNMISSt:~p Lrv. ;UYF t,19S0 ~ BONDFD TM~,~ GEKE'rltC ihS. u1iD. . ' ~ yt ~ • t ~ t' _ -4 P~ pA~ ~ 6y ; ; . L~. S. 7`, ~1~ .S~ e,~ ~'o. ~ 1~~ i S~ - F~ ~ Sk~~e /oo ~ S-luAa~f, f=/ 3~99~ ~ ~ ; ~ i ~ e BOOK 5~ PAGf a~, , . _~.;..,;<~x;.~.._. ~ . ...._`~~_"~ti^_Y`~;i. , . . _