HomeMy WebLinkAbout1438 No~v-U~?IFORM CovE!~AtiTS Borrawer and Lender further covenant and agrre ac folloNS:
19, Acceleration; Remedies. Lender shafl gire notice to Borrower prior to accele~ation following Borrower's
breach uf any covenant or agreement in this Security Instrument (but not prior to s~ccelerption under ps?rag~aphs 13 and l7
uniess applicable law provides otherwise). The noti~e shall specify: (a) the default; (b) the actian required to cure the
detault; (c) a date, not tess than 30 dAys trorte t6e date tde eatice is given to Borrower, by which the default must be cured;
and td) that failure to cure the defauli o0 or before t,~e dste specified in the notice may result ~n AccelerAtion of the sums
secured by this Se~ccurity Inst~ument, foreclosure by judicial p~oceeding an~ sale of the Property. The notice shali further
iniorm Borrower of the right to reinstate aher acceleration and t6e rig6t to assert in the foreclosure proceeding the non-
existence of a default or any other defense of Bormwer to accele~ation and foreclosure. If the default is not cured on or
before the date specified in tbe notice, Lender at its option may require immtdiate pnyment in full of all sunes secured by
this Security Instrument without turt6ec demand and may toreclose this Security Instrument by judici~l proceeding.
Lender sha!! be estitled to coUect dl expenses incumed in pursuing the remedies provided in this paragraph 19. including.
but not limited to, reasonable attorneys' fees and costs of title evidence.
20. Len~er in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (b}•
judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Pr~perty and to collect the
rents of the Property inctuding those past due. Any rents collected by Lender or the receiver shall be applied first to
payment of the costs of management of the Property and collection of rents, ineluding, but not limited to, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sur~ws secured by this Security Instrument.
21. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security
Instrument without charge to Borrower_ Borrower shall pay any recordation costs.
22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include any~ at~orneys'
fees awarded by an appetlate court.
l3. Ridets to t6is Security Instrument. If one or more riders are executed by Borrower and recorded together with
this Security Instrument, the covenants and agreements of each such rider shalf be incorporated into and shall amend and
supplement the covenants and agreemenis oP this Security Instrument as if the rider(s) were a part of this Security~
lnstrument. [Check applicable boa(es)]
`L,-1 Adjustable Rate Rider ~ Condominium Rider ~ 2-4 Family Rider
~ Graduated Payment Rider V Planned Unit Development Rider
? Other(s) [specify]
Bv SIGNING BE~ow, Borrower accepts and agrees to the terms and covenants contained in this Security
Instrument and in any rider(s) e ecuted by Borrower and recorded with it.
Sig and deliv ~n t pr e of:
. . .......................................(Seal)
~ S VATORE ~ ALBANESE -eo.~owe,
. . \ `~'(-~'G(,
. . ~ (Seal)
.
GINA SCOLA `BO"°'"e`
1420932
'90 JAN 24 A 9
STATE OF FLOP.IDA r~
,~~.f, , . ~ x ~_?7~.
ST. LUCIE COJNTY
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the eounty aforesaid to take
acknowledgemencs, personally appeared . . . SA~,,VATOR,F, , ~I,B~~1;. .GZI~JA, .SCQLA, . b~oxh . s.lugle. .adult . . . . . . . . . . .
to me known to be the person ( s) described in and who executed the foregoiag instrument and acknowledged
before me that ~1~
_ Y,..~, ~secuted the same for the purpose therein expressed.
WITNF„SS~y~-~ seal in the countY ~and state aforesaid this .~.~~.......................................day
of....... , . 19.. y
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