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I+IORTGAGB
RIDBR
NOTIC$: THIS ItIDBR AMSNDS OR DBLSTBS UNIFORM Ai~D NON-DNIP'ORI~ COYSNANTS
IN THIS IlOATGAGS
This Rider ie made thia the Zlst dny of SBPT81~88R, 1987, end is
incorporated _into, and shall be deemed to amend and supplement; the
Mortgaqe of the same date given by the undereigaed (the "eorrower") to
secure Horrower•s Note to ALL STATBS l~lORTGAGF! i iNVBS~NT CORPORATION
(the "Leader") of the same date (the "Note") encumbering the properties
cYescribed in the Mortqaqe and located at:
4216 Seventh (7th) Place; Vero Beach, Florid~a 32962,
1lMBNDSD DNIFORt~i COVBtIANT. In addition to the covenante and agreements
made in the Mortgage, Horrower and Lender ~urther covenant and agree as
followe:
A. BORRO~TSR'S RIGHT TO RSINSTATS.
Uniform Covenant (Paragraph) 18 of the Mortgage is deleted in its
entirety and the following substituted therefore:
I8. HORRO~IBR'S RIGST TO REINSTATB. Notwithstandinq Lender's
acceleration of the sums secured~by tlais Mortgage due to Borrower's
breach, Borrower may, at Lend~r's solg option, stop any proceedings
bequn by Lender to enforce th~s Mortgage at any time priQr to entry of
Judgment en~orcinq thie Mortgage if, with the prior written consent of
Lender; (aj Borrower pays Lender all sums which would then be due under '
this Mortqaqe and the Note had no acceleration occurred~ (b) Borrower ~
cures a1I breaches of any other covenants or agreements of Borrower ~
contained in this mortgage; (c) Borrower pays all reasonable expenses ~
incurred,by.Lender in enforcing the covenants and agreements of Borrower
contained in thia Mortgage and in snforcing Lender's r.emedies as
provided in Paragraph 17 hereof, including, but not limited to
reasonable at,t9rney's fees and court costs; and (d~.Borrower takes such
' action as Lender may reasonably require to assure that the lien of this
~ Mortgage, Lender's interest in the property and Borrower's obligation to
~ pay the sums secured by this Mortgage shall remain unimpaired. U on
~ such payment and cure by Borrower., this Mortgage and the obliqat~ion
secured hereby Qhall remain in full force and effect as i.f no
acceleration had occurred.
~ RKBNDBD NON-ONIFORN C+ONBHANT. In addition to the covenant$ and
agreementa made in the Martg~qe, Horrower and Lender further covenant
and ai~ree as follows:
i
~ 8. ACCSLBRATION; RSKI3DISS.
' Non-Uniform Covenant (Paragraph) 17 of the Mortgage is deleted in its
eatirety and the follov~ing substituted therefore:
1~. ACCBL$RATION; RBMBDIBS. Upon Borrower's breaeh of any Covenant or
agreement of Borrower in this Mortqage, i~cluding the Covenants to pay
' when due, any sums secured by this Mortqage, Lender, at Lender's option,
may declare all of the aums secured by this Mottgage to Y~e immediately
due and payable without further de~Qand or Notice and may foreclose this
Mortgage by judicial proceeding. Le~nder shall be entitled to collect in
any such proceeding 81I expenses af foreclosure, including, but not
limited to, reaeonable attorney's fees, court coats and cost of
documentary evidence, abstr.acts and title reports.
~ IN NITHSSS i1~RSOF, Borro~er has eaecut~ thie Rider.
~
DATED: SEPTEMBER 21, 1987 ~
WILLIAM W. WILLMOT, III, Mortgagor
Thia Docu~ent Prepared By: -
Michael S. Gellert JU Y A LLMOT, Mortgagor
t Attorney At Law $Sa`i 48
{ 5950 Washington St.,.Suite400
f x305 9b3a7$80 ~3023 •87 ~P ~ P4 ~26
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BOOXS+~ PAGE 9~V OOUGLAS L~E:~:~~~ C~.ERK
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