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HomeMy WebLinkAbout0972 3 NoN•UNIFOR!N CovEN~NTS. 8orrower snd Lende~ further covenant and agree as fallaws: ~ l9. Acceltr~tloa; Reaudla. Y.eader ahall gtre notice ta Borrowe~ p~ior to ~ccelerptioe tollowing Borrowe~'s breach af any co~eea~t ot agreement tA tbts Security instrumtnt (but not p~ior tu accelention unde~ paragr'phs 13 and !7 ' u~less applicable I~w prn~ides othsrMtae). The aottce ab~ll apectty: the default; (b) tbe acNon requi~ed to cure the detault; (c) a date, not less tbaa 30 days from the date the notict i~ givea to Borrowcr, by which the de~ault must be cured; snd (d) thsit tntlu~ to cure the default ort or betore tbe dste ,speclAed ln tbe notice may ~esult in accelcntioa of the sums secared by tbis SecuNty Iastrumeat, loreclosure by Judtctal proceeding and sale o! the Prnpeny. The notice ahs~ll turther iniorm Bonower oi the ~ight to retastate after acaleration ~ad the eight to sssen in the fortrlosure proceeding the non- existence ot ~ defsult o~ any otbe~ detfnte oi Borrower to sccelerattoe And torectosure. It the det~ult ts not cured on or before the date specified ta the notice, Lender at ita option duy require immedlate payment in !ul! of a!1 sums secured by ~ thts Security Iastrumeat without fu~tbe~ demand and easy toreclose thls Securlty Instrument by judictAl proceeding. Leader ahat! be eatitled to collect al! expenaes incurred in pwrsuing t6e remedlea pmvided in thla paragrapb 19, including, but not limited to, ra~aoaable attorneys' fees ~od costa at title eridence. 2U. l.aade~ ta Posseaaion. Upon acceletatiop under paragraph 19 or abandonment ot the Property. Lender (by judicially appointed receivec) shatl be entitted to enter upon~ take possession of and manage, the Property and to coUect the rents of the Property including those past due. Any rents rollected by Lender or the receiver shall be applied first to payment oP the costs of managemeat of the Properiy and collection oP rents. including, but not limited to, receiver's fees. premiums on receiver's bonds and reasonablc attorneys' fas~ and then to thc sums secured by this Security Instrument. ~ 21. Release. Upon payment of all sums secured by this Security Instrument, I.ender shall retease this Security Instrument without chsrge to Borrower. Borrower shatt pay any recordation costs. 22. Attoraeys' Fees. As used in this Security Instrument and the Note. "attorneys' fees" shall include any attorneys' ~ fas awardod by an appeilate court. ' 23. Rldeira to t6ts Security Instrument. If one or more riders a~e executed by Horrower and recorded together with ~ this Security Instrument, the covenants and agrcements of each such rider shall be incorporated into and shall amend and supplement the covenants and agrcements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Chxk applicable box(es)J ~ Adjustable Rate Rider Condominium Rider 2-4 Family Rider ~ ? Graduated Payment Rider Planned Unit Development Rider 4 ? Other(s) [specify] . ` . _ Bv SIGNtNG BELOw~ Borrower accepts and agrees to the terms and cnvenants contained in this Security ~ Ins?rument and in any rider(s) executed by Borcower and recorded ~vith it. ~ - Sign sealed and delivered in he pr ace of t_ ~ Henr lay untress, III -eoro'"~' ~ _ I ~ L~- cQ~ (Seal) : Katherine H. Huntress ~O"OMrc` t (Seal) --sarowe. -Bonowe ~ Ispsc~ s.+o. This Line Fw Ack~w,.~ad~+nent] - ~ i C STATE OF FLORIDA, Indian River County ss: ~ ! i I hereby certify that on this day, before mc, an oflicer duly authorized in the state aforesaid and in the county ~ aforesaid ta take acknowledgements, personaNy appeared Henry Clay Huntress, III Katherine H. Huntress , his wife , to me known to be the person(s) described in and who txecuted thc foregoing instrument and acknowledged be(ore me that T~Y executed the same for the purp~se therein expressed. WiTNess my hand and official seal in !he county and state aforesaid this 21st day of August ,19 87. My Commission exp~rts: " ' NOTARY PUBLIC STATE OF flQ~IOA ,,~.•KN~1.. , MY COMlIISS1t1N EXP, MAY 21,i999 ~~~K ! • 60KDE0 THRU ~EKERAL iNS. UM9. > . - • a _ . . . t • " ~ ~ - : I ~ ~ ~ . 80~^uK 55~ FACf 9,TO