HomeMy WebLinkAbout2087 No;v-UNIFORM CovE'vA!~7s Borrowcr and Lender furiher covenant and agree a~ follows:
19. Accele~atlon; Remedies. I.ender shali glve aotice to Borrower prior to acceleration following Borrowe~'s a ~
breach of any co~enant or agreement in this Security Instrumeat (but not prior toacceleration under psiragraphs 13 and 17 y~
uniess appllcaDle law provides other~?ise). The notice shali specify: (a) the detault; Ib) the action reQuired to cure the
default; (c) a date, not less than 30 days from the date the aotice is girea to Bomnwer~ by which the det~ult must be cured; G
a~d (d) that tailure to cure the default on or beforo the date specifled in tbe aotice may result in acceler~tion ot thr sums
secared by this Security lnstrument, torecioaure by judlcial proceeding and sale of the Property. The ootice shall further `:`'•7
intorm Bo~rowe~ oi the right to refastate aHter accelention aad t6e riQht to assert in the toreclosure proceeding the non-
existence ot s detault or any other dqtease of Bo~mwer to accelent~on aad toreclosure. It the de[~ult Is not cured on or .
before the date speciHed ia t6e notice, Lender at its opttoa may r~qulre immedIate payment in fall of all sums secured by
this Security lnstrumcnt wit6ont turther dee?and aed may toreclose this Security Iastrumeat by judlcial proceeding.
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Ixnder shall be entltled to collect ali expeases iecurred in punuing the remedies provided in this pangraph 19, including, ~
but not limited to~ reasoaabk ~ttorneys' tees aad casta of title evidence. i:
20. Lender ia Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (by a.: ~
judicially appointed receiver) shall be entititd to enter upon, take possession of and manage the Property an~ to collect the ~
rents of the Property including 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 coUection of rents, including, bu~ not limited to, receiver's fees, ~ N`
premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by this Sccurity ]nstrument. e~ :
2I. Release. Upon payment of ali sums securod by this Security lnstrument. i.ender shall release this Security W`•-'
lnstrument without charge to Borrower. Borrower shall pay any recordation costs. i
22. Attoraeys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include any attorneys' '
Fees awarded by an appellate court.
23. Riders to t6is Security Instrumeat. If one or more riders are executed by Borrower and recorded together with a
this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
Instrument. [Chcck applicable box(es)] ~
~ Adjustable Rate Rider ~ Condominium Rider ? 1-4 Family Rider `
. ~
? Graduated Payment Rider ~ Planned Unit Development Rider ~
~ r] Oiher(s) [specifyJ
BY SIGNING BE~ow, Borrower accepts and agrees to the terms and covenants contained in this Security
lnstrument and in any rider(s) ~xecuted by Bonower and recorded with it.
Sign sealed a 've ed in ' esence of: G%~/
/ ~ -1~-~ (Seal)
OME W. WAY ~ J -8oroi"~'
~
(Seat)
SHARON M. WAYNO ~O"O'"'~'
(Seal)
-Ea?ower
. (Seal)
-9or?oMro+
~
, Ispsc~ se~o.. nr's t;ns Fo? Ackno.dadpnentl
i STATE OF FLORIDA, St. Lucie Counry ss:
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~ I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements. personally appeared
~ JEROME W. WAYNO, JR. and SHARON M. WAYNO, his wife
~ ~
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€ , to me known to be the person(s) described in and who executed thc
E foregoing instrument and acknowledged before me that they executed the same for the purpcue therein
~ expressed.
~ W~THESS my hand and officiat seal in the county and state aforesaid this i~~~ day of
~ January ,19 90
~ • _ ~ ~
MY C~nmissyon expires: ~r
f Y ' 4 ' .
f• ~~'NOTARY %161IC ST~Tf Of FtO~IDA
M1 I~IY
~CO"Na1I55(OII ExP SEPT 27,1940 ~ry~'~
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f~ • -~P1tR0 T6RU LL!IE,241 17i~. U~O.
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. '90 JAN Z5 A 8 ~33
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