HomeMy WebLinkAbout0999 Nc~ti UtiIF~~R~t C~?~ i`~~ I~ li~~rn~Nrr and Lrndtr fur~hrr ru~tn:~nt an~l agrrr full~~w.
19. Acceleration; Remedies. Ixnder sh411 girt eotice to l3orruMer prior to a~cceler~tion fuUoNit~K IlurruNCr'~
breach of any coven~nt or agreement in this tiecurit)~ Instrument l'uut nnt prior to s~cceleration under par,~g~~phs 13 and 1~
unless ypplicable law provides otherwise). The notiee shatl specify: (a) the default; Ib) the actiun required to cure the
def~ult; lc) A date. not less than 30 days from the datr the notire is giren to Borrower. by Nhich the detsult must be cured;
and td) thst failure to cure the detautt on or bcfore the datt speci~ied in the notice mny result in acceleralion of the svms
secured by this Security Instrument. foreclosure by judicial p~ceeeding and sale ot the Pruperty. The nutice sh~ll turther
intorm E3or~owe~ oI the riRht to reinstate after seceleration and the right to assert in the foreclosure proceedinQ the non-
e~?istence ot a default or sny other defense ot Borrower to uceleration and toreclosure. !t the detault is not cured on or
before the date specified in the notice. l.ender st its option may ~equirt immediate payment in tull of all sums secured by
this Security lnstrument Nitbout turther demand and may foreclose this Security Instrument by judicial p~oceeding. .
I.ende~ shali be entitled to collect a!1 expenses incur~ed in pursuing the ~emedies provided in this paragraph 19, includinR, ~
but not limited to. reasonable attorneys' fces and casts ot titie e~idence. `
20. ixnder in Possession. Upon acceleraUOn under paragraph 19 or abandunmrnt uf the Prc~perty, Lrndrr Iby _
~udi~iall~ ap~~~nted recei.cr) ~hali be e~t~tlecl tu enter upon, lake pcxu~sion e~f and manage the Pro~ert~ and to ~ollect the ~
rent~ af the Proprrry mclud~ng thuse pasi due. Any rer~?s collec;ted by l.ender or the rcY~~~rr ?hall br applied fint ~c~ '
payment uf the ccnts o( management of tfie Property and collecuun of remti. ~ncluding, but not hm~lecl to, rctiei~er'ti frr~, :
prem~ums on rere~ver'c bonds and rrawnable attarneys' fees, and then ta the wms serured by thit Serunty Intitrumem ~
21. Releue. U~n payment of all sums secured by this Sccunty In~trument, l.ender tihall rrlrau th~~ Scruru} :
Imtrument without charge to Borrower. Borrower shall pay any recordation ccnts. ~
22. Attoroeys' Fees. As used rn th~s Secunty Instrument ar~d thr Note, "attornry`' fee~" shall ~nclude an~ atturneys' ~
:
ftr, awardecl by a~ appell3te cuurt. -
23. Riders to this Security Instrument. If one or morc nden are rxccuteci by E3orrower and recardrd tugrthrr aith i
this Secunty lnstrumenl, the covenants and agreemrnts of rach such nder shall be ~ncor~rated into and shall emend and
tiupplemrnt ths covrnants and agteements of this Sa-urity Instrumcnt as if the rider(~) were a part ~if thi~ Security
Imtrument. [Chrckapplicablebox(rs)] '
X, Ad~ustable Ratc Rider Condominium Rider ~ 2~ F~m~ly Rider =
~ (irau,;attci Payment Rider Fla~ned Unit Development R~dcr `
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c~~hC<<,~ (~~~ry.~ :
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f~~ Si~;ti~tic; E3tte~~~, Borrower accepts and agrers to the tcrms and co~enanis c~ntained ~n th~ti ~urit~ ;
inc:rum: nt arJ in am• nder(s) executeei by &~rrower nnd recordcd with it.
,St~ne~d,
sc a~d~ red {n c p nc~ c~C
~ ~ t/ ~ 4~ - ~ - - -(Seal)
Georg N. hannel -eo••o~.t,
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~ ' ' %'.L( : t~/.((,.: ! : vl..t.:,---•--~- t~' ( Se~l
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_ Harie Rose L. Channel ~
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- - - -(Seal? I
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; ~_lSeall
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3 - - ~SOact BNow TM ln~ iW Ackrwaledtment~ i
~ SUTf OF FIORiDA, St. LuC1e ~OUMy' SS:
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a I hereb}~ certity that on thi~. day. tx:turr r.~~•, an uflicrr dul~ authe~riud in the state atoresaid and ~n !he county
~ aforrsaid t~~ take acknc~wlcdgrmrnt,, p~•rsunaily appcarcd
~ George N. Channel
~
~ Marie Rose L. Channel
~
~ , tci me kn~~wn tu tx the personls) described in and who executed thr
lc,regoing instrumrnt and acknowlr~g~d bciurr mc that THEY cxecutcd the same for the purpose thtsein ;
` ezpressed.
~ WIINESti my hand and vflic~al sral ~n the ~ewnt~ and statr aforesaid tnis day of
!~</~il~i . I9,j'b' - /
My Commission expires t /
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