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HomeMy WebLinkAbout2741 ~ 1 ~ ~ ~ ; i . ; ~ NON-UNIFOR41 C(1V~:'.`AtiTS Borrower and Lender furthrr covenant and agree a~ full~~wti: 1 19. Acceleratfon; Remedies. Lender shait give notice to Borrower prior to acceleration foUowing Borrower's ~ breach of any covenant or agreement in this Security Instrume~t (but not prior toacceleration under paragraphs 13 and 17 ~ unless applicable law provides otherwise). The notice shall specity: (a) the defAUit; (b1 the s~ction required to cure the defAUlt; (cl a date. not less than 30 days from the date the ~otice is given to Bo~rower~ by which the default must be cured; And (dl thAt failure te cure the default o r befo~e the date specified in the notice may resuit in acceleration ot the sums secured by this Security Instrument, lorect ure by judici~l proceeding and sate of tht Property. The notice shall frrther inform Borrawer of t6e right to relnstate aR acceleration and tht rigbt to assen in the foreclosure proceediug tAt existence of a detsult or any other defease of we~ to acceleration and loreclosure, lf the default is not c~red oa or before the date specified ia the notice, Leader at its tion may require immediate pAyment in full of alt sums set~eed by this Security Instrumeat without further denwnd nnd may toreclose t6is Security instrument by judicial procetdiu~. Leader shall be entitled to cotlect atl e:penses incurred in pursuing the remedies prorided in this paragmpb 19, including, but not limited to. reasonable attorneys' tees and costs of title evideece. 20. I.ender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to coltect the rents of the Property inctuding those past due. Any rents coUerted by Lender or the receiver shali be applied first to payment of the costs of management ot the Property and coltection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security lnstrument. 21. Relesse. Upon payment of all sums secured by this Security lnstrument, Lender shall release this Security lnstrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include any attorneys' fees aw~rded by an appeilate court. 23. Ridsrs to this Security Iastrumeat. If one or more riders are executed by Borcower and recorded together with this Security Instrument, the covenants and agrcements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Insteument as if the rider(s) were a part of this Security lnstrument. [Check applicable box(es)] Adjustable Rate Rider ~ Condominium Rider ? 1-4 Family Ridet ? Graduated Payment Rider ~ Planned Unit Development Rider ~ Other(s) [specifyJ BY SIGTIING BE~ow, Borrowtr accepts and agrees to the terms and covenants ~ontained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. Signed, sealed and delivered in the presenceof: , . . ` r (Seal) ~ L IS A. AL -aa~owe. i\, ~ 1 ~ ~ . >Il e ~ tSeal) I MARY E ALLAN -eo..owe. '90 JAN 25 P 2 ~25 1421506 ~H ~ cs~n ~ f~ C~ 1`~ U t~ ~'t CHARD A. ALS H -eorrower DOUGL A S U! XON S1. LUG~' ;t;h~Y. ; (seal) -earower (Spxe BNow Tlws i~ne for Atknowiedimentj Si'ATE OF FLORIDA, ST. LUCIE County ss: I hereby certity that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgcments, pcrsonally appeared LOUIS A. ALLAN AND MARY E. ALLAN, his wife AND RICHARD A. WALSH, unmarried , to me known to be the person(s) described in and who ezecuted thc foregoing instrument and acknowledgcd beforc me that they executed the same for the purpose therein expressed. WITNESS my hand and oflicial seal in the county and state aforesaid this 24Ch day of JANUARY , 19 90 My Commission expires: ~ : , ~ ~ \ . . " \ ~ ~ `~~~\i ~ C , G~M~~ !i0lary Publit ~ ' . , ~a . . ~ E'i11RN ~'n.E P~EP?URE CO~ TOTA~Y PlqtiC. SI~rE U~ ~teP!r~ ~TIAR6E 1'R~ b'Y CO!~h•tS~!C:ti EXFIFE~ JRN. 25, 1993 ~V ~ONOfD THRJ AGEh7'S MUTAxY BROKfRA3E eo~674 PACE274t ~ ~ . x ~ ~ ~~y,. s. : ~