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Home My WebLink About0533 ~ ' 4 . ' # ~ 4. Cor~rnln~ ~aw; S~vKabtNry. This Security Instrument and the Note shall be yoverned by federal law and the law of the jurisdiction in which the : Property is locat8d In the event thet 9ny provision or clause of this SeCUrity Insttument or the Note confliCts with appliCable law, such contlict shall 4 not atfect other proviaions of thia Security Inatrument a this Note which can be yivan eNect without the contlicting proviaion. To this end the t prov+siona of thia Securiy Inatrument and the Note are declared to be severaDle. t 5. BonowK's Copr. Bo~rower shall be fliven one conformed copy of thia Security Inatrument and the Note. t6. R~m~dNs Cunulatlw. Lender may exercise all of the ri~hta end remedies provided in thia Securiy Instrument and in the Note, or which may be available to Lender by law, end all such ~iqhts and remediea ahatl be cumulative and concurrent, and may bepursued aingly, successively or together, at Lender's sole diacretion, and may bs exercised as often as occasion therefor shall occur. 17. Ewnb o1 DNautf. Set forth below is e Yst of events whic~ upon the Iapse of the applicable notice or grace period, if any, constitute "Events of Default." The events are: (1) Borrower faila to pay when due any amounts under thia Security Instrument or Note; (2) Borrower does not compty with e~y of the terms of thia Securiry Inatrument or the Nota; (3) Lender receives actual knowle~3ge that Borrower omitted material information in Borrower'a credit application or mede any falae or misleading atatementa on Borrowers credit application; (1) Borrower files ior bankruptcy, or bankruptcy proceedinga are inatituted aflai~st Borrower and are not dismiaaed within aixty (60) days, under any provision of any state or federel bankruptcy law; ~ (5) Borrower becomes i~solvent or becomes unable to meet hls or her obligatbns generally as they become due; (6) Borrower fu~ther encumbers the ~ property, or suffera a lien, claim of lien, or e~CUmbrance ageinst the Property, except such liens or encumbranCes whlCh are subordinste to this 1 Security Instrument; (7) Borrower defaults or an aation is fit~ed allegi~g a default under any credit instrument or mortgafle evidencin~ or securing an ~ obligation of Bor~ower with priority in right of payme~t over the Note or whose Nen haa priority over the lien of thls Security Instrument; or (8) ; Borrower tails to keep any other covenant contained in this Security Instrument or in the Note. t 8. TrsnsfK of tM PropKty. If all or any part of the Property or any interest in it is aold or trensferred (or if a benefiaal interest in Borrower is sold or transierred and Borrower is not a natural person) without l.enders prior w~itten consent, Lender may, at its optbn, require imrnediate payment in full or al I sums secured by this Security Instrument. Howeve?, this option shall not be exercised by Lender it exerciae is prohibited by federal law as of the date ot this Security Inatrument. N Lender exercises this option, Lender shell give Borower notice oi acceleration The notice shall provide a period ot not less than 30 deys from the date the notice is delivered or mailed within which Borrower must pey all sums secured by this Security Inatnxnent. lf Borrower faila to pay these sums prior to the expiration of this period, Lender may invoke anyremedies pe~mitted by this Security Instrument without further notice or demand on Borrower. 19. Act~Mratlon; R~m~dNs. Upon the existence of an Event of Default, Lender may, at its aole option, declare alt sums secured by this Security I nstrument immediately due and pay~ie without further demand, and invoke eny remedies permitted by appkcable law. Lender shall be entitled to t collect all reasonable costs and expenses incurred in pursuing the ~emedies provided in this paragraph 19, including, but not limited to, reasoneble attomeys' fees. 20. L~ndK M Pws~sslon. Upon acceleration under paragraph 19 or abandorment of the Property, Lender, (by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Prope?ty including those past due. Any rents collected by Lender or the ~eceiver shall be applied first to payment of the cost ot management of the Property and cotiection of renta, including, but not limited to, rec:eiver's fees, premiums on receivers bonds and reasonable attomey's tees, a~d then the sums secured by this Security Instrument. ~ 21. Rel~as~. Upon peyment of all sums secured by this Security Instrument, lender shaN relsase this Seauity Instrument wilhout charge to Borrower. Borrower shall pay any recordation costs. rc 22. Tlmt ot Ess~rfce. Time is oi the esser~ce in this Security Instnment and the Note. RE~UEST FOR NOTICE OF DEFAULT CLEtJDALE FEDE~;AL AND FORECLOSURE UNDER SUPERIOR F'F;EF'flf;~D E+Y : CONSLiMER LOA~IS ti10RTGAt3E8 OR DEED8 OF TRU8T CHF:I ST I NE ~:ENIVEF: ~ F' . O. BOX 4C>7~ ~3 ~ FT . LAUDEFiDALE . FL . 3334C> E Borrower and Lender request the holder of any mortgage, deed of trust or other e~cumbrance with a lien which has prioriry over this Security ~ ~ I n strument to give Notice to Lender, at Lenders address set forth on page one of this Security Instrument, of any defauR undarathawperbr encumbr8ncs ~ E 3nd of any sale or other breclosure action. ~ BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider{s) executed by 5orrower and recorded with it. f S~gned, sesled and delivered in the ~ presence of: ~ ) n ` ~ ~'t-.-~;- ~ ~ ~ - (~~1 ~ ~ ~iORERT C I ARAt`1I TA -Borrower , v ~ , ~ ' (~I) f ; ` , -Borrower ~ 102053 D - ; - ` -Borrower t '90 JAN 22 P 3~~~ ~ , cs~~~ ( L E , ~ , , -Borrower il ~ G i;lt~ ~ t ~ IATE OF FLORIDA ' : Q~ C 4 ~OUNTY OF M(}KTI t~l ss: _ ~ , , .:~i' . I hereby certify that on this~gy., b~1 T C t A~AM I T~Ay~~thorized in the state aforesaid and in the county aforeseid to take acknowledgements, ,~ersonally appeared ~TNER me known to be the per .(s) de~o'ibed in and who exewted ihe f~regping instrument and acknawledged before me that executed ~ ~he same for the purpose ~pwssed therein, Witness my hand antf official seal in tAs oour?ty and state atoresaid this ~~9 dey of . 7~'~~ ,1~~~ . = ~''d~9~ ' y ~ . ~ u ~ ~ •r ~ . ~ 0 (~+y~ % ' ' ' r ~ tary Public ~ ~ L . s Ia• • ~ ~ , r. ' $ My Commiasion Expirea: ~ ~ Ilot~qr a~ttc ar~tt o~ stoRto~ ~ vF O~ ~r c~ ~~issto~ e,v. ~~R ~~,is9i A ~M ~ e00K0~~ ~PC !7_i7 1010fD iNAU 6E~Ef1~l INS, U~p. ' vt VW i ~F F1S0714-C 2-~Y (FBM~ Pp~ ~ ol ~ ' ~ _ ~ . ~ ~ < ~ ~ . -