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NoN-UNIFORM CovEti~~tTS Borrower and Lender further covenant and agree a~ follo~~s: ~
19. Acceleration; Remedies. I.eader sball give notice to Borrower prior to accele~ation following Borrower's ~
breach of any covenant or agreement in this Security lnstrumeat (but not prior to ~cceleration under paragraphs 13 end l7 ~
ueless applicable law prorides othtraise). Tbe notice shall specity: (ai the defaulh, (b) the aciion reQulred to cure the ~
default; (c) a date, not less ihan 30 days trom the date the aotice is gireA to Bormwer. by which the default must be cured;
and (d) that failure to cure the det:ult on or befon tbt date speciAed in the notice may result in accelentioa of the sums
secured by tbls Security laatrumeot, toreclosure 6y judlcial proceeding aad sale uf the Propeny. The eotice shall further
iatorm Borrower ot the ~tght to reinstate after aceelcrat~oa aad the rtg6t to assert in the foreciosure proceMing tbe non-
existence of a default or aay othe~ defease of BoROwer to ~ccetentioa and [oreclosure. If the default is not cured on or
before the date specified ie the aotice, Lendtr at its opttoo nuy requlrc immedlate paymeat in fuli of all sums secured by
this Security Instrument without further demaud aad may toreclose this Security Instrument by jud'ecial proceeding.
I.eader shal! be entitled to collect all e:penses iecurred ia pursulag the rtinedies prn~ided in this puagraph 19, including.
but not limited to, reasonable attoreeya' hes aad costs ot title e~idence.
20. Lender iA Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (by
judicially appointed rece~iver) shall be entitled to enter upon, take possession of and manage the Property and to collect the
rents ot' the Property including those past due. Any rents coUected by Lender or the receiver shall be applied first to
payment of' the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fces, and ther~ to the sums secured by this Security Instrument.
21. Release. Upon payment of all sums secured by this Security Instrument, L.ender shall release this Security
[nstrument without charge to Borrower. Borrower shaU pay any rxordation costs.
22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fces" shali include any attorneys'
fees awarded by an appellate court.
23. Riders to this Stcur3ty Instrument. lf one or more riden ar~ executed by Borrower and recorded together with
this Security Instrumcnt. the covenants and agreements of each such rider shall be incorporated into and shall amend and
supplement the covenants and agreemtnts of this Security Instrument as if the rider(s) were a part of this Security
Instrument. (Check applicable box(es)j
Adjustable Rate Rider f] Condominium Rider ? 1-4 Family Rider
? Graduated Payment Rider Planned Unit Development Rider
Other(s) [specifyj
Sv SlGNING BE~ow, Bonower accepts and agrees to the terms and covenants contained in this Security
Instrument and in any rider(s) executed by Borrower and recorded with it.
Signed, sealed and deliv~ ed in e presence of:
~1-.~----i-~CJ~ Seal
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HICHAEL R. CULLY ~OffO1"~
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1Ct-t.c./ ~rG~~G~sr~i-- -
(Seat)
MARY JANE CULLX
-~9o..ower
(SCa~)
-sa.wre.
ISpsce sebw 'rNs ti~e Fo. AcknoMrkd~rne~ril
STATE OF FLORIDA, ST. LUCIE COUIiI~I SS:
I hereby certify that on this day, bciore mc, an afl5cer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgcments, personaNy appeared
MICHAEL R. CULLY and MARY JANE CULLY
, to me known to bc the person(s) described in and who executed t6r
foregoing instrument and acknowledged before me that executed the same for the purpose therein
expressed. T H E Y
W~TtvESS my hand and official seal in the county and state aforesaid this 22nd day of
JANUARY , !9 90
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My Commission exp~res: / ~ 1~
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[SN ~Y~ Nolary Public
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t~ECORD AND RETlTRN T0:
GENE MOORE
639 E. OCEAN AVE. SUITE-409
BOYN'fON BEACH, FL 33435
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