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Home My WebLink About0003 t4. Go~~rnin~ Law; S~wrablilty. This Security Instrument and the No!e shall be yoverned by federa! law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this ~ecurity insirument or the Note conll~cts with applicable law, such contlict shall not affect other provisions of this Security Instrumant or this Note which can be given effect without the conflicting pfovision. To this end the provisions of this Security Instrument end the Note ere decl8red to be severeble. 15. Borrow~r's Copy. Borrower shall be given one conformed copy of this Securiry Instrument end the Note. 16. R~m~dNs Cunulattw. Lender may exercise all of fhe rights and remedies provided in this Security InsVument and in the Note, or which may be available to Ler.der by law, and all such rights and remedies shall be cumulative and concurrent, end may bepursued singly, successively or together, at Lendets sole discretan, and may be exercised as often es oCCasion therefor shall occur. 17. Ev~nb of DN~t. Set forth below is a liat of events whict~ upon the lapse of the applicable notice or grace period, if any, constitute "Events of Oefault." The events are: ( t) Borrower fails to pay when due any amounts under this Security Instrument a Note; (2) Borrower does not comply with any of the ie~ rns oi trns ~cunty instrumani or tne ivote: ~3) ~enner recewes actua~ Know?eoge v~at dorrower omittea materiai iniormation in ~sorrower's creoit application or made any false or misleading statementa on Borrower's credit appliCation; (4) Borrower files for bankruptcy, or bankruptcy proceedings are instituted against Borrower and are not dismissed within sixty (80) days, under any provision of any state or federal bankruptcy law; (5) Borrower becomes insolvent or be~omes unable to meet his or her obligations generally as they become due; (6) Borrower further encumbers the property, or sufters a lien, cleim ot lien, or encumbrance against the Property, except such liens or encumbrances which are subordinate to this Security Instrument; (7) Borrower deteults or a~ action is filed alleging a detault under any credit instrument or mortgage evidencing or secur~ng an obligati~n of Borrower with prioriry in right of payment over the Note or whose lien haa prioriry over the lien of this Security Instrument; or (8) Borrower leils to keep any other covenant contained in this Security Instrument or in the Note. 18. Transf~r of tM Prop~rty. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender s prior written consent, Lender may, at ~ts option, rsquire immediate payment in full or all sums secured by this Security Instrument. However, this option shall not be exsrcised by Lender if exerase is prohibited by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borower notice of acceleretion. The notice shall provide a period of not less than 30 days irom the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Securiry Instrument. It Borrower fails to pay these sums prior to the expiration oi this period, Lender may invoke any remedies permitted by this Security Instrument without f urther ~otice o?demand on Borrower. 19. Accthratlon; R~mMles. Upon the existence of an Event of Detault, Lender may, at its sole option, declare all sums secured by this Securiry Insttument immediately due and peyable without further demand, and invoke any remedies permitted by applicable law. Lender shall be entitled to collect all reasonable costs and expenses incurred in pursuing the remeaies provided in this paragraph 19, including, but not timited to, reasonable attorneys' tees. 20. Lender In Poss~sslcn. Upon acceleration under paragreph 19 or abandonment of the Property, Lender, (by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property end to collect the rents of the Property including those past due. Any rer~ts collected by Lender or the receiver shall be applied first topayment of the cost of management of the Property and collection of rents, inctuding, but not limited to, receiver's tees, premiums on receivers bonds and reasonable attorney's fees, and then the stms secured by this Security Instrument. ! 21. ~laleas~. Upon payment oi all sums secured by this Securiry lnstrument, lender shall release this Securiry Instrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Tlma ol Essence. Time is oi the essence in this Security Instrument and the Note. . RE~UEST FOR NOTICE OF DEFAULT _ _ E_ ~ r';= ~;r+~ AND FORECL08URE UNOER SUPERIOR F- ~ ~'FPt.,Rf= ~-r F; = c ~.;`ii•1=l 1?1~=~~' I_i1r=~i1~=; MORTGAGES OR DEEDS OFTRUST i~:I S+ I: h1~= F:EPl1:E: ~ Y'~ . . F~U?. ~1'~_~'~'i~~.i._"~ ~ i . LF(_IDEf:r~~.Lr_, . ~ "~~c.~;_~ Borrower and Lender request the holder of any mortgage, deed of trust or other sr~cumbrance with a lien which has priority over this Security i nstrument to give Notice to Lender, at Lender's address set forth on page one of this Security Instrument, of any defautt under the superior encumbrance and of any sale or other breclosure action. ~ BY SIGNING BELOW, Borrower accepts and agrees to the terms a~d covenants contained in this Security Instrument and in any rider(s) exeCUted by i Borrower and recorded with it. ' S~gned, sealed and delivered in the ~ presence of: . 4 (sea~) ~ ~ r~ F;~ .'~t~' f-~F; I'-E ~T -8orrower i ~ ~ ~ • / ~ -~-f i { i.:'=~E: I f-''i-;~E r -Borrower ~ 1021Ei31 csea~~ ` 26 ~~5 -Borrower ~ - (Seal) o f~ L E ~ -Borrower ~ STATE OF FLORIDA ' DOUG~. ~ `~IXUH s '.;C~UNTY OF M f'~ f- ss: S~ L. U1. 4 .';~)N' r I hereby certify that on this day, before me, an ofificer duly authorized in the state aforesaid and in the caunty a(oresaid to take acknowledgements, ;:.ersonally appeared ~!F 1 ~=ti .3 F,A I L_E r F:i 1D 4~:fi~r:. T z;~~ :.l. :n me known to be the person(s) described in and who exea~ted the (oregoing instrument and acknowledged before me that executed tne same for the purpose express6d therein. YVitness my hand and offfCiel seal in the county and state aforesaid this i`' day oi ~ 19 ~ , ~ ' " ~ ~ . - . (Seaq . . tary Public ~ . ~ ' - ~ ' y Commission Expires: - ~`~~-a`~"~`" K:+fAR1' D~RLIC STAtf p~ f v ~ ~j:; : • lL IuA " 6~QKL~~ PaGE o0~ ~'~'~~1'•ai0f E7(Y, hAR i9,1~i1 . B~iUEO 'Yi!C GExESAI 1 G~ F15071i-C 2-~9 (FSM3) Pap~s 3 ot 3 ~ ~v . -