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HomeMy WebLinkAbout2071 • . ~ ~ i 1~. ~ Ciowminp L~w; $wKapWty. This Sacurity instrument and the Note shall be floverned by fedaral law end the law of the juristiiction in which the Property is located. In the evsnt that eny provision or ckuse ot this Security Instrument or ths Nob conflicta with applicable law, such confiict shall not aRoct ottwr pro~isbrts oi thb Security !r?strumsnt or this Note which can bs ~iv~ ~H~Ct without ths confliCtinp prOvisfon. To this end the proviaians of this Security Irutrumsnt and ths Note sro declarod to bs ssvsnbls. 1 s. daroww's Co~. Bprrowsr shall bs qiven ons oontom~sd Copy of thls Securfry lnstrumsnt lind ths Nota. 16. R~ Cunul~tlw. Lende~ rn~y sxsrciss all of tl~e ri~hb and remedbs provided in this 3ecuriry I~trument and in the Note, or which may be avai lable to Lender by law, and all such ri~hts and romsdies shall bs cumulative and concurren~ and may be pu rsued sin~ly, successively or to~ether, at Lendsrs sale discretbn, and may be exe?cbsd as often as occssion theretor shall occur. 17. Ewnb of DNaulf. Set forth below is a qst ot evenb whkh, upon the lapss of ths appifcabls notlce or grace period, N any, conatitute "EveMs of Default." 7he events aro: (t ) Bonower hfls to pay wNen due any artwunts under this Security Instrument or Note; (2) Bonower does not comply with any of the terms of this Security Instrument or the Nots; (3) Lender recaives ectual knowlsd~e that Barower omltted matsrial information in Borrowe~'s credit application or made any false or ndsleadin~ statemenb oo Borrowers credit application; (4) Borrotive? files for bankruptcy, or bankruptcy proceedi~~s are i~titutsd aflainst Borrower and aro not dismissed within slxty (80) days, unds~ eny provision of any stats or fedsrel bankruptcy Fsw; (5) Borrower bscomes i nsolvent or becomss unable to meet hia or her obliyations ~e~erally as they become due; (8) Borrowrer turther encumbers the property, or auffero a lien, claim oi Hen, or encumbrance apsinst the Propsrty, excc~pt such Nsns or encumbnnc~es whi~h are subordinate to this Security Instrumant; (7) Borrower defaufts or a~ action ~s fi{ed allepiny a dehult undar eny crodit instrument or mortpa~s evidsncin~ or secwing an oblisation of Borrower with p~ioriy in right of payment over the Note or whose Nen has prio~ity ovsr the lisn ot this Sscurity Instrument; or (8) ~orrowsr faiis to kesp any other covsnant contained irt this Sscu~ity Matrumsnt w in the NoM. 18. TnrafK of iM Propnty. It all or any part of the Property o~ any intereat in it is sold or t~arsaferred (or if a beneficial intsrest in Borrower is sold or transterred and Borrower is not a neAiral person) without Lendera pNor written conaent, Lendar may, at its optbn, roquiro immsdiate payment in fWl or ail aums secured by this Security 1 nstrument. However, this option shaY not be exerciaed by Lender ii exerciae ia prohibited by federal law as of the date of this Security Inatrument. If Lender exerciaea thia option, Lender shall give Bo~ower notice of acce~eration The notice shall provide a pe~iod of not iess than 30 days f~om the date the notice is delive~ed or mailed within which Borrower muat pey all sums aecured by this Securiry inatrunent. if Borrower fails to pay theae suma prior to the expiration of thia period, Lender may invoke any remedies permitted by this Security Instnment without further notice ordemand on Borrower. 19. AcoN~ratbn; R~n»dN~. Upon the existence of an Event ot Oefault, lender may, at ita sole option, declare ali aums secured by this Securit~r Instrument immediately due and payabie without further demand, and invoke any remedies permitted Dy etpplicable law. Lender shall be entitled to collect a!I reaaonable costa and expenses incurred in pursuing the remedies provided in thia paragraph 19, hCluding, but not limited to, ressoneble attomeys' fees. 20. L~nd~r M PwMSSioo. Upon acceletatlon under paregraph 19 or abandonment of the Property, tende~, (by judicialfy appointed receiver) at~all be e~titled to enter upon, take possession of and manage the Property and to Collect the rents of the P~operty incfuding those past due. Any reMs collected by Lender or the receiver shall be applied first to paymen: of the cost of manayement of the Property and callectio~ of rents, including, but not limited to, receivers fees, premiums on receivers bonds end reaaonabie attome~/s feea, and then the sums secured by this Security Instrument. 21. R~. Upon payment of all auma aecured by this Security Inatnxnent, Lender ahaN refense this Security Inatrument without charge to Borrower. Borrower shall pay any recordation costs. ~ 22. Tin~ o/ Es~nc~. Time is of the essence in thia Security Inatnment and the NofA. ~ REGUEST FOR NOTICE OF DEFAULT _ GLENDALE FEDERAL AND FORECLdaIJRE UNDER 8UP~RIOR F'f;EPARED E~Y : CONSUMEFt LQAN~ MORTGAGE8 OR DEEDS OF TRUST JEANNE EM I DL` I O F' . G . HOX 4U?t~35 FT. LAUDERDALE. FL. 3334t~ Borrower and Lender request the holder of any mortgage, deed of trust or other encumbrance with a 19en which has priority over this Security j I nstrument to give Notice to Lender, at Lender's addreas set brth on page one of this Security Instrument, oi any delauR under th~ superior encumbrance ~nd of any sale or other brecloaure 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 Borrower and recorded with it. ~ Signed, sealed and delivered in the ~ presenCe of: ~ ~ t MI AEL D JEF i • ~ ~ -Borrower . ~ I SA A JEFFERS -Borrower ~ ~ (Seal) -Borrower '90 JIW 25 A 8 :21 1- cs~~~ ~ FILt~D Al1~J RECOF~." -so~rower STATEOFFLORIDA DOUGLA$ DIXON C:.: COUNTYOF r~~-,,V,n s~. ~uc~F +,Cl1NTY. ~ : a I hereby certify that on thia day, befHHEL e D~J~FFt~~S ~AND~~L 1 SFie p rJE~FEFiS~ county aforesaid to take acknowledgements, personally appeared I`1 I C i , ~ to me known to be the peraon{s) dsscxibed in and who executed the toregoing inairument and acknowtedged betore me that executed f thQ SBTA ~Of th9 ~Ufp039 8Xpf9E3~ th8f81fl. ~ Witr~esa my hand 8od~flit~dl:fleal in the county and stete aforeseid this l 8 day of ~~n ,~g 9~ 3 ~ ~ a~ w. . ; ~ ~ • ~ ~~Y~~' `W ~•f~ ~~•j~~ ~ )~~s ~ ~ • ' 1 ~ . tary Public ~ ~ : ; c . 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