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HomeMy WebLinkAbout0957 NON•UNIFORM CovENANTS. 8arrowe~ and Ltnder furthe~ covenant and agree as follows: ~ i9. Accelentioa; Reenedia. I.tader shall gl~e ac?tice to Borrowe~ p~inr to accelention tollowing 8orrower's breach ot any ro~saant or ~resment !e tbls Saurlty lnstrumcnt (but not prlor ta acceleration under puagraphs 13 and 1'f uniess apptlcable i~w prortdes othtrNt~). The notlce aball apecify; i~1 the default; (b) the action ~eQuired to cure the dehulh tc) a date~ not leaa tban 30 days trom t6e date tb~ aodce ta giren to Bonower~ by which the detnult must be curcd; utd (d) that tdlure to cure the detauit oa o~ before tbe date ~xtfled In t6e aotia may resuit tn arceleration of the sums secured by thts Secu~ity Iaatrumeat, toreclosure Sy Judlcial proce~eding and sale ot tbe Propeny. The „otlre ah~ll funhe~ in[orm Borrower o! the rtght !o crtnatate atter scceleratlon aad the Hgbt to ssaen in the ~oreclosure proceeding the non- existeace oi a dttault or any other detensz of Bertower to accelen~tion and toreclosure. It the default is not cu~ed on o~ betore the date speciRed in the aotice, I.eader at ita option m~y reqntn Immedlate payment in full ot ~11 sums secured by this Security Iaatntmeat without tt+rtber demaad Aad may toreclose this Sccurtty Iastrument by judlcinl proceeding. Leade~ sbali be eatitted to coliect ali expenaea incurred in purautag the remedles prorided in thia paragraph 19, lncluding, but not limited to~ Mssonable attoraeys• iees and costs oi title e.tdence. 20. I.ender in Posseasion. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (by judiciaUy appointed receiver) shall be entitled to enttr upon~ take pos.s~xsion of and manage the Property and to coilect the rcnts of the Propehy including those past due. Any rents collected by Lender or the receiver shali be apptied first to payment of the costs of management of the Property and collection of rcnts. including, but not limited to, receiver's tees. premiums on rocciver's bonds a~d reasonable attorneys' fas, and then to th~ sums secured by this Security Instrument. ~ 11. Rtlease. Upon payment of all sums securod by this Security Instrument, I.ender shall release this Security Instrument without charge to Borrower, Botrowe~ shall pay any recordation costs. ~ Z2. Attorneya' Fees. As used in this Security Instrument and the Note. "attorneys' fces" shall include any attorneys' fees awarded by an appellate court. 23. Rtdera to this Security Inrtrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument~ the c~ovenants and agrcements of each such rider shall be incorporated into and shall amend and supplement the covenants and agr~ements of this Socurity lnstrument as if the rider(s) were a part of this Sccurity Instrument. [Check applicabk boa(es)] Adjustable Rate Ride~ Condominium Rider ~ 2-4 Family Rider . ? Graduatod Payment Rider Planned Unit Dzvelopment Rider ~ ? Other(s) [spccifyj ` ~ Bv SIGNING BE~ow, Borcower accepts and agrecs ta the terms and covenants contained in this Security ' ? Ins?rument and in any ridcrts) executod by Borrower and recorded w~ith it. ~ ~ ; ~ ; Signed, se~led and delivered in the presence of: ~j ' _ A.o-.,..~ Ur~~-.,.....~, , ~ Ig atiua C. Serra ~ ~ q~ ~~c.a2~ (sea~) Rose Marie Serra a/k/a Rosemarie Serra ~ ~ ; ~ ~ (Seal) i i -earowe. ! ISpsct e~w. This iLine Fa Acxnwdedp~wMJ ` ~ $TATE OF FLORIDA, Martin County ss: ' ~ ~ ~ I hereby certi(y that on this day. bcfore mc. an oflicer duly authorized in the state aforesaid and in the counry ~ } afores~id to take acknowledgcments. personally appearcd Ignatius C. Serra and Rose Marie Serra a/1c~Rosemarie Serra, his wife , to me known to be the person(s) described in and who eaecuted thc ~ foregoing instrument and acknowledged before me that T~Y executed the same for the purpose therein ' expressed. WITNE y hand and official seal in the county and state af~resaid this day of ,19b~ . My Commission expires: S--g ~j ~ --tta~11'~" rc : ~ . ~ ' ~ ~g & - ~ ~d _ - ~ . sooK 555 P~~E 955