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HomeMy WebLinkAbout0922 NON-UNIFCIRM COVENANTS. Borrowe~ and Lender turlher covenant and a9ree as foilows: 19. AccNerailon: Remedles. Lender shat? give notice to 8arowe~ p~ia to acceferation to;tu~ving Barower's breach et any covenant or agreement in this Secur+ty InstrumerN (but not piior t~accelerat~on under paragraphs 13 and 1? unless applicuble law provides otherwise). The notice sha11 speciy: (a) the deiault; ~b) the aclion required to cure the detault: (c) a date, no1 less than 30 days from the dale the notice is given to Borrower, by wt~ich the de(ault musl be cured: and ( tn Ihal tailureto cure the defautt on or lfeforQ the dale specitied in ihs noti~e may result in acceleration of the sums secured by this Security Instrument, foreclos~~~e by ' judicial preceeding and saie of the Properry. The notice shall further inlorm 8o~rewer of the right tor~instale atter acceteration and the right to assert in the foreclosuc e proceeding Ihe ron-exislence ot a detault or any other deiPnse of 8orrower to acceleration and foreclosure. It the detault is not cured on or betore the date sppci(ied in the notice, lender a1 +ts option may require immediate payment in futl of all sums secured by this Sec~~ily Instrument without turther demand and inay ioreclose this Securit~~ Inst~ument by judicial proceeding. Lender shalt be enlitled ta cotlect a!I expenses incurred in pursuir.g Ihe remedies provided in this parac~raph 19, inctudi~g, but noi I+mited to, reasonable altaneys' fees and costs of title evidence. - - . 20. Lender Possesslon. Upon acceleration under paragraph 19 or abandonment ot the Property. Lender (try judiciauy appoin?ed receiver) shall be entitled to enter upon, take possession ot and ma~age the Properly and to coltect the renls oi the P~operty including those past due. Any rent5 c411eCled by lender or the rece+ver shall be applied tirst to payment of tt~e costs af management ot the Property and coli~ction of renls, including, but ~ot limited to, receiver's Tees. aemiums on receiver's bonds and reasonabte atlorneys' !ees. and Ihen to the s~~ms secured by this Secu~ity instrument. 21. Release. Upon payment of all sums secured by this Security Inslrument. Lender shall releaselhi5 Security Instrument without charge to Borrower. Borrower sha11 pay any recordatia~ cosls. 22. Attorneys' Fees. As used +n this Security Instrument and the Note. "atlorneys' (ees" shatl inGude any att~rneys' tees awarded by an appellate court. . 23. Riders to thla Securfty Instrument. If one or more ride?s are executed by Barowef and recorded tagelher with this Security Instrument, the co4enants and agreements of each such rider shall be incorporated inlo and shall amend andsupptement ' the cov,:nants and agreements ot this Security Instrumeni as if the rider(s) were a part of this Security Instrument. ~Check applicable box(es)] Adjustable Rate Rider ~ Condominium Rider 0 2-4 Family Rider Q Graduated °ayment Rider Ptann$~1 Unit Developmenl Rider Q Other(s1 (specify] BY SIGNING BEIOW. Borrower accepts and agrees to theterms andcovenants conta+ned in this Seeurity Instrument and in any rider~s) executed by Borrower and recoraed ~ti~~th it. _ Signed. sealed and detivered in the pres~nce of~ : • ~J°~- (Sea~) ' R BERT ARA ELLO -ec«aNt* ~~~~Q~ ` ~1''~~'~l0 ~ (Sea~) - -earo«er ` STATE OF FLORIDA, ST. LUCIE COUNTY ~ ~nty ss: i hereby certi(y that on this day, betore me, an officer duly authorized in the siate aforesaid and in the county atoresaid to take acknowtedgements, personally appeared _ ROBERT CARACELLO , lo me known to be the person(s) described in and who executed the ~oregoing instrumert and acknowledge before me that executed the same tor the purpose therein expressed. ~TN m hand and official at in the counry an~ state a(oresa+d this ay ot Q~dGG~•~ 1 g MyCormmission Expires: . tseaq . N~r~ ~ot~ar aaattc at~~E K ~t0~tia? NY COKMI5510! EX~. 6E0• ~o~o tx~u ur~al?t Its. WD . w ~ ' • . : ~ ; • , ' ;r~, i5pace Bdow Ttrs lire Retent~d Fa ler~der and Re~'.ad~ , r ~S . - ~I• f~J t ~ ' -L u ~i ~ . . ~ . ~ r. . . ~ ` : ; %rr! :y , ; - ' V 1`'~• ~i::: , ~ 5~' 922 F- b 1 ' OB8219 Rrr Sp bt 116021 PC _ / . , ~ ""_-~~~~r°~ . - - . - •-4 - . . _,_~...y~~