HomeMy WebLinkAbout2220 Not~-U!vIEC~Rt~t CovE~A~ fs Borrower and LendSr further ru.enant and agrte as follo~+s~
19. Acceleration; Remedies. Lender shall gi~e notice to Borrower prior to acceleration folloNing Borrower's
breach ot any covenant or agreement in this Security Instrument (but not prior to ~cceteration under paragraphs 13 a~d 17
unless applicable law provides otherwise). 'I'he notice shall specify: (a) the defaulh lb) the action required to cure the
detault; (c) a date, not less than 30 days from the date the notice is givea to Borrower. by which the default must be cured;
and (d) that failu~e to cure the defsult on or be[ore the date specified in the nutice may result in acceler~ttion of the sums
secured by this Security Instrument, [oreclosure by judicial proceeding and sale of the Pmperty. The notice shail further
infarm Borrower of the right to reinstate aher accele~ation ~nd the right to assert in the foreclosure proceeding the non•
existence of a default or any other defense of Borrower to acceleration and toreclosure. It the default is not cured on or
before the date specified in the notice, Lender at its option may require immediste pa~ment in full ot all sums secu~ed by
this Security Inst~ument ~vithout further demand and may foreclose this Security Instrument by judicial proceeding.
Lender shall be entitled to collect all expeases incurred in pursuing the remedies provided in this par~graph 19~ including.
but not limited to, reasonable attorneys' fees and costs of title eridence.
20, Lender 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 af and manage the Property and ta colle~;t the
rents of the Property inciuding those past due. Any rents collected by Lender or the ceceiver shall be applied first to
payment of the costs of management oi the Property and callection of rents, including, but not limited tu, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums securet3 by this Se~urity Instrume~t.
2l. Release. Upon payment of all sums secured by this Security Instrument, Lender~shall release this Securit}~
Instrument without charge to Borrower. Borrower shall pay any recordation costs.
l2. Attorneys' 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 this Security Instrument. lf one or more riders are executed by Borrower and recorded together with
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. [Check applicable box(es)J
~ Adjustable Rate Rider Condominium Rider 2~ Family Rider
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1 Graduated Payment Rider ~ Planned Unit Development Rider
~ Other(s) [specify]
BY SIGNING Be~ow, Borrower accepts a d agrees to the terms and covenants contained in this Security
Instrument and in any rider(s) executed by Borrower nd recorded with it.
Sign d, sealed and delivered i he pr
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t ~Z -Bonower
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! Bar ara M. AIlt~220 -Borrower
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I STATE OF FLORIDA
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i ST. LUCIE COUNTY
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' I hereby certify that on this day, before me, an oilicer duly authorized in the state aforesaid and in the county aforesaid to take
acknowledgements,personallyappeared ......Jo~IR.J...An~tzzo..~..~axbaza.M..AAZ'l~zo,..h:[s.7+~iif.e
........:.;_i.~.~~ to me known to be the person (s) described in and who executed the foregoing instrument and acknowledged
bef d,~.that..,:..~~leX......... executed the same for the purpose therein expressed ~
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'fI~E and official seal in the count and state aforesaid this......
~~~~~anuarY . 1990 ...............................................I..........---..........................day
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