HomeMy WebLinkAbout2074 ~ ~ . ~
. . ~ ~
t 4. Ciowminq Law; S~wr~bNHy, Thie Security inat~ument and the Note ahall be governed by federal law and the iew ot the Juriadlction in which the
Property is tocated. tn the event that any provisiort or clauae ot t~is Security Instrument or ths Notg conflicts with appticabie law, auch conflict shall
not aHect other provisions of this Sscu~iry Instrument or this Note which can be given eHect wkhout the conflictln~ provision. To this end the
proviaians ot this Securiy Inetrumsnt and the Note are declarod to bs severable.
15_ Borroww's Copy. Borrower ahsll be qiven one conformed capy of this Securiry lnstrument and tAa Note.
16. Rsrn~dbs Cunulatlw. Lender msy exercise all ot the ri~hts and remedies provided in this Securiy Instrument and in the Note, or which may be
aveilable to Lender by law, and all auch rights and ramedies shsli be cumu(ative and concurrent, ind may bepursued ain~ty, aucoeasfvety a together,
at Lender's sote diacretbn, and may be exerciaed as often as occasion therefa ahaU oocw.
17. Ewnb ot DNaWf. Set forth below is a tist of events whlch, upcx~ the lapse ot ths applicabls notics or Qrace psriod, it any. consqtute "Eve~ V of Default "
The events are: (1) Borrower taila topay when due eny artwunts under Mis Security Instnimsnt or Note; (2) Borrower does not comply with any of the
terms of this Security Instrument or the Note; (3) Lender receives actwl knawied9e that Borrowsr omfttsd m~teriai inforn?ation in Borrowsrs credit
application or mnde any talse or misleading atatements on Bor~ower'a credit appticatlon; (4) Borrower fites fpr bankruptcy, or aanknlptcy
proceadinfls are irotituted against Borrower and are not dismiased withln stxry (60) days, urxfsr any provisfon of any st~te o~ fedenl bankrupicy lew;
(5) Borrower becomes insolvent or Decomea unable to meet his or her obii~ations yenerally at+they beCOme due; (8) Borrowsr further enCUmbera the ~
property, or auffen a lien, ciaim of lie~, or er~CUmbranc~ eysinst the Property, except wch liens or encumbrances which are subordirete to this
Securiry Inatrument; (7) Borrower defsutta or an ~ction is filad all~iny a defeutt under any credit +nstnrment or mo~t~a~e evids~cinQ or ~eccwing an
obligation of Borrower with priority in right ot payment over the Nota or whwe ~er~ has prio~iy over the lien of this Secu~ity Instrument; or (8)
Borrower fails to ke~ep any other covenant contained in this S~u~ity InsWment or In the Npte.
18. Traraf~? o! 1M Prop~rty. if all or any part of the Property or any interest in it ia soid or trsnsierred (ot if s beneficial interest in Borrower is aoid or
t ransferred and Borrower is not a naW ral peraon) without Lender's p~or written consent, Lender may, at its option, requiro immedlate payment in full
or alt sums secured by this Securiy Instrument. However, this option ahaN not be exerciaed by Lender if exerdse ia prohibited by federa! law as of the
date of thfa Security fnstrument.
it Lender exerciaea this option, Lender shall give Borower notice ot acceleration The notice shall provide a pe?iod of not less than 30 days from
the date the notice is delivered or mailed within which Borrovrer muat pay all aums aecured by this Securiry Instnxnent. If Bortower fails to pay these
sums prior to tAe expKation of thia period, lender may invoke any remediea permitted by thia Security Instnment without iurtt~er notice or demand on
Borrower.
19. A~atlon; R~dNs. Upon the existence of an Event of Detault, Lender may, at ita sole option, declare aN aurrta sectued by thia Securiry
tnstrument immediatety due and payable without fuRher demand, and invoke any remedfes permitted by applicable ~aw. Lender shali be entitled to
collect alt reasonab)e costs and expenses incurred in pursuing the remediea provided in this paragtaph 19, including, but not limitsd to, reaaonable
attorneys' tees.
€
2~l• l~ndK M Possyslon. Upon acceleration under paregrapn 19 or abandorment oi the Property, LerMer, (by judiciaqy appointed rec;eiver) ahail be ~
entitled to enter upon, take possession of and manage the Prope?ty and to call~;t the rents af tt~e Pr~pe?ty including thoae past due. Any renta
collected by Lender ar the receiver ahall be appl+ed firai topayme~t of the cos! of management of the Property and colleCtion oi rents, including, but
not limited to, rec:eiver's fees, premiuma on receivers bonds ar~d reasonab{e attomey'a fees, and then the suma secured by this Security Instrument.
21. Raltst~. Upon payment of a)1 suma aecured by this Security Instnxnent, Lender ahaq relesse this Security Instrument without charge to Borrower.
Borrawer shall pay any recordation cosb.
~ 22. Time of Est~nc~. Time is oi the essence in this Securiry instn~nent and the Note. ~
RE~UEST FOR NOTICE Of DEFAULT ~
GLENDALE FEDERAL. AND fORECt08URE UNDER SUPERlOR F~EF'AF~ED HY :
CONSUMER LQAMS MORTOAtiEB OR DEED8 OF TRUST JEANNE EM T DD I O
F' . O . E~OX 4~ ~7!~3~ •
FT, LAUDERDALE, FL. 3334~~
~orrower a~d Lender request the holder of any mortgage, deed of trust a other encumbrance with a lien which has priority over this Security
I n s! ru ment to give Notice to Lender, at Lenders eddress set iorth on page one of tfiis Security inatnxnent, ot sny defauR under the superior encumbrance
and of any sate or othe~ breclosure action.
8Y SIGNtNG BELOW, Borrower accepis and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by
8orrower and reCOrded with it. '
Signed, sealed and delivergd in the
presence ot:
i
~ 4
~ l ; `
cs~n
. ~ _ -~~~a~~ ~
- , _ ~ ,
_ ~ ~ a , _
-Borrower
- (Seal)
~ ~J A 8 ~23 -Borrower
_ 14212d~~Sd
cs~ei~
FI~EG ANQ RECC~r~ -eorrower
STATEOFFLORIDA t?OUGIAS L~1XOk C:
COUNTY OF ,,,,(y~~~( Sl. ~UCi£ ~~l1NT Y. -
I hereby certify that on this d8
t~p,~t~[e met..arl~Ni~~ul~rBUthnrize~in t~e,gtete af~esejd and iB2he ~pypxy atoresaid to take acknowledgements,
per;onally appeared J ti ~~7 ll f-1~ U`a'f I I'~D HIVU t~JLL Y 1J AUUS 1 1 fVV - ~
to me known to be the pe?son(s) deacxibed in and who executed the toregoing instrument and scknowledged betore rtte that executed ~
I
tne same tor the purpoae expressed tt~erein.
Witness my hand end oHicla) aeal fn the county and state atoreaaid this 17 dey of J~~i ,~g 9U
.•;t:s~%~' . •
~ t P~ ~
~'b;.
` - ~t,p -
C.s ~~::R y nro P~w~c
A ~ .cS -
ii: A y~~~~1 G' My Commiasion Expires:
- -
~Ir~ CF iti~~~ eoa~ V~ PAGE~ /4 +~oiAit iullit ~f~ff.or Etcl~,~
/1 tCM~IItSIQf 4f?. /AR H~j
'ti2,
'':1''~••::S:ti~'' iQ~EO TYill p[it~U1l 1~.
w F FL50711-C 2-M (F~i) ~ Pap! S O/,