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HomeMy WebLinkAbout1432 ~ ~ Nofv-UtvIFORM CovE'~~tiTS. Borrower and Lender further covenant and agree a~ follov?~: 19, Acceleration; Remedies. i.ender shsJl give notice to Bo~rower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration uader parAgrsphs 13 and 17 unless applicabie faw provides otherwlse). The notice shall specity: (a) tbe de[ault; (b) the action reQuired to cure the ~ defauit; tc) a date, not less than 30 days from the date the aotice is given to Borrower, by which the default must be cured; and td) that failure to cure the detault on or before the date specified in the aotice may result in ~cceleration of the sums secured by this Security Instrumeat, toreclosure by judlcial proceedIng aad sale ot the Property. The notice sball turther i~for~ Borrower ot the right to reinstate after acctleration aad the right to assert in the foreclosure proceeding the non- e:i~eocs ot a ie~wit or any other defense of Borrower to accelention aad toreclosure. It the default is not cured on or 6etors t~e date t~ecified in the notice, Leeder at its option may require imwediate paymeat in full of all sums secured by tiit S~c~rity l~ment witi~out further demand and may foreclose thls Security Instrumeat by judicial proceeding. Le~der sYa11 be atdded to colleM all expeases iacurred in pursuing the remedies provided in this paragraph 19. including, but not limited to, reasoaable attorneys' fees and costs oi title e~idence. 20. I.ender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (by ~udicially appointed receiver) shall be entitled to enter upon, take possessian of and manage the Property and to collect ?he rents of the Property including those past due. Any rents collected by l.ender or the receiver shali be applied first to yment of the costs of management of the Property and collection of rents. including, but not limited to, receiver's fees, remiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security nstrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Fees. As used in this Security Instrument and the Note. "altorneys' fees" shall include any attorneys' ees awarded by an appella:e court. 23. Riders to thia Security Iastrumeat. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shaU amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) werc a part of this Security Instrument. [Check applicable box(es)] ~ Adjustable Rate Rider ~ Condominium Rider ? 1-4 Family Rider ~ Graduated Payment Rider ~ Planned Unit Development Rider ~ Other(s) [specify] BY SIGNING BEl.ow, Borrower accepts and agrees to the terms and covenants contained in this Security ' Instrument and in any rider(s) executod by Borrower and recorded with it. Signed, led deli e in th pr nce of: (Seal) - ' Robert H. Landry ~O"OM~' ' C Carole H. Landry ~O"0M'~' '90 JAN 24 A 9 :35 i ozosz s b~ Fi~~: ' ~ _ (10~1G:_ ~ ~ ; . (Sea4 ~ . ~ , . -eo..~. ~ ! [Spxe 8ebw This Line fa Adcnowledfine^t) i $TATE OF FLORIDA, St. Lucie COUIIty 55: ~ I hereby certify that on this day, before me, an officer duiy authorized in the state aforesaid and in the county ~ aforesa~ to take acknowledgcments, personally appeared Robert H. Landry and Carole H. Landry ~ his wife ~ r ~ to me known to be the person(s) described in and who executed thc ' foregoing i~sJrcume,~t and acknowledged before me that they executed the same for the purpose therein tj expres~azi~~-.`=;:<,; : ~ _ . ' Vf~ ar~ official seal in the county and state aforesaid this 17th day of - 1 • ~ - 19 90 , _ . A' i'. i . U1 ~ 0 A " ~ ~ L IVlJr ~ ` L~. J S:" ~ O~ ~}~l'n~' i~ ~ NOtary Pub1iC & ~ t~~tary Puf~u, S:atc of ~lorida ~ ~ Prepared By; Riverside National Bank ~+Y L~~~~.n+=s.cn c}4~es iuiy 19, i991 p toaidW ihiu frc> r..n ~ ina,nnco int~ ~ 2211 Okeechobee Rd. ~ Ft. Pierce, F1. 34950 ~ ~ ~ ~ . ~ ~ 0 p ~ eooK 674 PAGE14`~,2 ~ - - - . . si~~