HomeMy WebLinkAbout0143 Nt~~ (;11F(1R~1 Cu~ f~A~ f~ Hurrawer ;~nd Lender further rocrnant anJ agrr~ a. f~~ll~~w,
19. Acceleration; RemediES. I.ender shall give notice to Borrower prior to acceleration following HorruwYr's
breach of any covenant or agreement in this Security Instrument (but not prior toacceleration undrr paragraphs 13 and 17
un~ess applicabie law provides otherwise). The notice shall specify: (a) the defautt; (b) the action required to cure the
default; cc) a date. not less than 30 days from the date the notice is given to Borrower. by which the default must be cured;
and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
secured by this Security Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shall further
inform Borrower oi the right to reinstate after acceleration and the right to assert in the foreclosure proceeding the non•
existence ot a default or any other defense of Borrower to acceleration and foreciosure. lf the def~uit is not cured on or
before the date specified in the notice. Lender at its option may require immediate payment in full of all sums secured by
this Security Instrument without further dem~tnd a~d may foreclose this Security Instrument by judicial proceeding.
Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including,
but noi limited to. reasonable attorneys' fees and costs of title evidence.
20. Lender in Possession. Upon acceleration under paragraph 19 or abandonmem of the Propert~, Lender (b~
judiciall}~ ap~inted receiver) shdll be entitled to enter upon, take possession of and manage the Property and to collect the
rents of the Property including those past due. Any rents collected by Lender or the recei~er shall be applied first to
pay~ment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's (ees,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument.
21. Release. Upon payment of all sums secured by this Security lnstrument, Lender shall release this Security~
Instrument 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 awarded by an appellate court.
23. Riders to ihis Security Instrument. If 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 agreernents of this Security Instrument as if the rider(s) were a part of this Security
Instrument. [Check applicable box(es)]
Adjustable Rate Rider rl Condominium Rider ~ I-4 Family Rider
J Graduated Payment Rider ~ Planned Unit Development Rider
' i Other(s) [specifyj
Bti' SIGNING BE~.ow, Borrower accepts and agrees to the terms and covenants contained in this Security
; Instrument and in any rider(s) executed by Borrower and recorded with it.
~Sigrrext; s aled and deliver ' the pr nce of:
~ _ ~ (Seal~
/ J 11 M. Riley -eo~rower
~l y`'~7'~,~~ ci •J ~-C~:{ - S~eal
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i -Bonower
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f ~'I' -Borrower
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i ' -Borrowe,
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f ISPxe BNow This l.ine Fw Ackrawkdgment]
i STATE OF FLORIDA, St. Lucie COUfI[y SS:
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~ I hereby certify that on this day, before mr, an ofticer duly authorized in the state aforesaid and in the county
~ aforesaid to take acknowledgrmcnts, pcrsonally appearcd John M. Riley
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~ , to me known to be the person(s) described in and who executed the
~ foregoing instrument and acknowledgcd befor~ me that he executed Ihe same for the purpose therein
~ expressed.
~
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~ W~TtvESS my hand and afficial seal in the county and state aforesaid this 25th day ~f
, January 19 90
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My Commissian expires: ~ r`~ J
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' Notary Pubhc
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, ~ ~OiAP.~ i'191IC $TATE ~ Ol~Rt7I
: i-; i ...j IIY [O~NISSIGM fxP ~ULI 17,1430
y B~11JiG f4i,~ ~~lIEa1' UYD.
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6o~x 675 F~~~ 143
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