HomeMy WebLinkAbout0967 N~» U'~ii ~?R~~ Cuvt f3urruurr aitid l.rnJtr furthrr i~~~rnan~ en~i.~Krrr a. full~~~,
19. Acceler~tiun; Remedies. l.ender shall givt notice to t~orrower prior to accelerrt~on foUoNinx lfurr•~~cr't
br~ach uf any corenant or agreement in this tifcurity Instrument (but nut prior tu acceleratiun under paragryphs 13,+nd t7
unless ~pplicable Isw p~ovides otherwise). The notice shall specify: tal the BefAUlt; (b) the actiun reQuired to cure the
default; tc) a date. not lexs lhyn 30 Aays from tAe date the notice is giren to Korrowe~. by which the detauft must be cured;
nnd 1d1 that failure to cu~e tAe detault on or betore tht date spctified in Iht notice may result in accele~ation uf the sum~
secured by this Securit~ Instrument. foreclosure by judiciai proceeding and sale of the Prope~ty. The notice shall further
inform Borrower oi the right to reinstate afte~ acceferation and the ~ight to ~ssert in the toreclosure proccedinR the non-
existence of a default or any othrr defense of Bo~rowet to acceleration and forcclosure. If the default is not curcd on or
before the date specified ia the notice. i.ender at its optioe may reQuire immediate payn~ent in ~uil of all sums secured by
this Security Instrument without further demand and miy toreclost this Secu~ity instrument by judicial procei~ding.
[xnder shall be entitled to collect all exptnses incurred in pursuing the remtdies prorided in this parrgraph 19, including. I
but not limited to. re~.sonaele attorneys' fees and costa of title evidence. I
20. l.ender in Possession. Upon accelerauon under paragr~ph 19 or abandonment of the Pm~crty, Lendrr (hy
~udi~i:~lly appcnnted re~e~ver) shall be enhtled to e~ter upon, take pcnxys~on of and manage thr Pro~rt} a:id to roilrLt ~he j
renh of thr Pru~xrty ~ncluding thost past due. Any rents r~~llected by Lrndrr or thc rere~~rr ~hall tx ap~licd fir+t to j
paymrnt uf the c~ts of management of the Property and collect~on of rents, including, but nat l~m~lrci to, rrcri~rr'~ fre~, ~
prrm~umti un recewer's bonds and reasonahle attorney~' fces, and then to the sum~ xcured by th~c Srcunty Inetrument. a
21. Release. U~n payment of all sum~ secured by lhis Sec:unty Instrument, Ltnder tiheil rrlrasr ~hi+ Srcurit~ ~
In,trumrnt wuhout chargt to &~rrower. &~rrower shaU pay any recordation costs. ;
22. Attorntys' Fe2s. As u~cd ~n this Sec:ur~ty Instrument and the Note, "attorney~' ~rr+" shall ~nciudr am au~?rneys' ,
fer, aNardccf by an appellate rourt.
23. Ridtrs to this Seeurity Instrument. lf one or more nden are executrd by &~rrower and rec~zrded wgether w ith
this Sctiunty tnstrument, the covenants and agretments of each such nder shall be incorp:~ratcd into and shall amrnd ~nd
supplemem the covenants and agrecments of this Secunty Instrument as if the nder(s) were a part of thiti Srcunt~~
In,trumrnt. (Check appl~cable box(es))
~ Ad~ustable Rate R~der Condomin~um R~dcr ~ 2-4 Familp Ridcr
, Graduatecl Paymcnt Rider Planncd Un~t Devrlopmcnt R~der
Othcrlti? (~(xt~fY)
Hti S~~;ti~~c; BFt e~K, &~rrower accrpts and agrees to the terms and ro~enant*, rontainrci in th~, Srcunt~
~ ln.:rvmr~.t in any nder(s) raecutcd by Borrezwer and recorded w~th it
~
; ec1 and dcl~vcred ~n the presence oi:
€ 't`~' -G~~`' .~~C%~i1~ ~ - -lJ~al)
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~ r.~~.~ .t_<.~-~ ~ _ _rL-s,--_ ~ J - ~ 5- ~~G3~~
~ ~ ~4ichael S. Gerdvil -ea~~»~~
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- --(Seall
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' ISoue bew~ nrs lr+t Fa /ktno.rlydiment~ -
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~ Sr~TE oF Ft.oai~~, C'ounty ss:
~
~ 1 herrb} ~ertify that un this ciay. txfure mr, rn uB~crr duly authe~nzcd ~n the state aforesaid and in the county
~ aforesai~i t~~ takt aiknowirJg~mrnt.. Fnnc+nall} apprarrd pella N. Gerdvil and Michael S. Gerdvil,
~ iier husband
~
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~ , to me k~uwn to Ix thL pcrson(s) describrd in and who executed thr
~ furegc~ing instrumrnt and acknuwir~lg«f btfurr me ~hat [hey executrd thc same (or the purpose thtre~n
~ xpresscd.
~ W~TNtss m~• hand an~i ~~fficia{ seal in the cuunt~ and statc oresa this bth day o!
~ June . ~y 8$ ~
e_ ~ , ~
,
M~ Commr~sion expires: ~ y ~
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