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HomeMy WebLinkAbout0973 ~ ~ NON-UNIFORM COVENANTS. Borrower and Lender lu~lhe? covenant and agree as tolbws: ~ 10. A~NwMio~: RNn~las. Lendei shau givo notice to Borrower priw to acceleration IbNOwing Horrowa~'s breach of ? ~ any covenant a agreement in itiis Security Instrument (but not prior to acceleratbn under pareg~aphs ty~nd, ,un~ss ap~tic~l~ ~ !aw provfdes otherwiss). The noiiCe shall speCity: (a) the d8tault; (b) the adion required to cure the def~il; (c.~,~~,((a~, noi less t[~~n ~ 30 days hom ihe daie Ihe notice is given to 8orrower, by w~ich the deteuq must be cured; and (c~ thai lailure to cure the fauR on a before the date specftied in 1he notice may resull in acceleratbn ot ihe su~ns secured by this Secur'~ty InslrumeM,~eGosure by judicial proc~ng and sale of th~ Properly. The ndice shali tuAher inform Borrower ot the rigiit toreinslale after acc~ler~ion a~d ihe right to asse+rt in the foreciosure proceedng the r~on-ex~te~ioe ot a de~auA a any ol her detense of Bonower to accel~atlon and toreclosure. if ihe default ts not cured on or betore tMe date specNied ln 1he no?ice, Lender at ~s oplion may require immediate payment in tutl ot a~l sums secured by thls Seaurity Instrument without tu~ther demand and may breclose tt~s Security Insirument by judicial proceeding. Lender shall be entitled to colled ali expenses incurred in pursuingihe remedies pravided in this paragraph 19, inGuding, but not Umited ta, ~easonabte atiorneys' fees and oosts ot title evidence. ~0. und~r M? Posas~lon. Upon ecceleration under paragraph 19 w abandonmen! olthe Property, Lender (by juc~cially' appointed receivet) shaH be entitled to enter upon, take possession_ M and manage the Property snd to colled the rents oi tFie Property indudi~g ihose past due. Any rents Gollected by lender or the receiver shal! be applied first !o payment ot lhe costs ot management oi the Propefty and colfedion of rents, induding, but not limiledlo, receiver's tees, premiums on ~eceiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Securiry Inst~ument. Zt. RN~uM. Upon payment of ail sums secured by this Security Ir?st~umenl, Lender shall releasethis Secur'~ty Instrument without charge to Borrower. Barrower shall pay any recordation oosts. ?'1. AitorM~?s' flM, As used in this Secu~rty Instrument and the Note, "attomeys' fees" shall indude any attorneys' fees awarded by an appellate couA. 2~. RIdKS to thb 8~eurlty Instrum~n~ If one or more riders are execuied by Borrower and recorded together with this Securiry Inst~ument, the covenants and agreements of each such rider shail De incorporated intoandshap amend andsupplement ~ the covenants and agreements ot this Security tnstrument as it iha ride?(s) were a part of this Security Instrument. (Check applicable box(es)] • ~ Adjustabfe Rate Rider Concbminium Rider Q 2-4 Famiy Rider ' Q Graduated Payment Rider Plenned Uni1 Development Rider - . ~'j Other(s) [specity) ~ Construction/Permanent i BY SIGNtNG BEIOW, 8orrower accepts and agrees totheterms and covenants contained in this Seci,rity Instrument and in ~ any rider(s) executed by Borrower and recorded with it. Sign ealed and delivered in 1 presence of: . ~ /'~-tiC./ , (Sea1) . -Borrawer a ~y , . ~$~8~~ • -Bonower StATE OF FLORIDA, ~ T. F County ss: I hereby certiiy that on this day, before me, an officer duy authorized in the state aforesaid and in tfie counry aforesaid to teke aCknowledgem@nts, persOnally appeated JOSEPH E STEIER AND BETSY J. STEIER~ h~~~hand and wife , to me knowp to be the pe~sorKs) described in and who executed the ftxegoing instrume~t and acknowtedge before me that they executed !he same for the purpose t~erein expressed. WtTN~S S my hand and ofticia! seal in the cou~ty and state atoresaid this 21s~ day of ~1t3f~ 87 19 . ~ "~a•"' ' r.t° . ,;?~`;~~Coa~~ R ires: 3-11 L-l\ - - ; ~ 7 : ~'~Q, ` • S'~` r3 NotyytR,bic ~s~ q ~ ~ d ac~°~..~ ~ _ ~ ~r . ~ . C; , 'r~rr:Nt ttitA~~' _ ~ (Spsc~ 8alcw 1I.f ln~ Flssaved Fa Ler~ and Rsco~du ~ ~ . - ~551 P~ 97z ~ ~A.,,~~~~~