HomeMy WebLinkAbout1139 Lender may reasonably require to assure that the licn of this Sccurity lnstrument, Lender's rights in the Propcrty ttnd
Borrower's obligation to pay the sums secured by this Security shall continued unchanged. Upon reinstatement by
Borrower, this Security Instrument and 1ht obiigations secured henby shall remain fully effe~tive as if no acceleration
had occurred. However, this right to reinstate shail not apply in the case of acedcrati~n under psragraphs 13 or 11.
NON-UNIFORM COVENANTS. Bonower and Ltnder further oovepant and agree as follows: '
19. Accekratioa: Iteanedks. IReder a6fY ~ive eotke t0 Borcowet pfior to sccekratloa tolbwrin~ Borrower's
bresch oi say coveniut or a=rameat ia ttk Secodty Iastrnmeat (bnt aot puio~ to accekcsUop ~ada pars~rap6s 13 ~
and 17 unkss applic~Die law provides ot6trwbe). Ttie notkY aYs~ specifl~: t~e defwK; (b) t6e actio4 e+eqnirai to
cure t6s dtiavlt; (c) a d~te. aot ks~ t6~a 3~ days tmo~ tre d~tte tYe aotice Is ~iives to ~orrower. by NYich tre delaelt
must b~ cured; sad (d) t~~t tWure to cnre t6e dcta~lt oe or befon tlre date specitied ia i~e sotice may rtsult la sc-
cekntlon oi ihe sams aecured by t4h Secariq~ i~a~eat, rorec~oa¦re by Ju~ ~roc~ag.na s~s ot ~~e pc~+~er~y.
T6e notke s6aY t~rt~er iatonn Borrower ot t~e r~,ht to rd~Ute aiter sroslerstlos aad t6e ri~6t to asaeri ia /6e
foreclasure proceedias tl~e aoasxiateace of a dsiantt or ~ay other defense oi Borrower to ~ccekratlon ~d ion~closure.
If the deiank is sot curcd oa or betore tYe dsle specl~tcd is t6e aoti~x, Lcnaer at ib opiMs msy reqnirs immediate
payment fe fall oi ail aums aecared by this Sec+idqr lestrnmeot w~it~o~t fertbes demsnd sed msy foreclosc thh Secwi-
ty Inswmen~ by jadkial proceeding. I.ender frall be estitled to rnikct ~11 expeoses incnr~d tn pnrsat~g the remedks
pmvWed ie tl~s paragrap4 19, iacinding, bat ~ot Ifmited to, resao0sbk attorneys' feea aed costs ot dtk evideace.
20. I,e~der ia Possesaiou. Upon acaleraaon under paragraph 19 or abandonment of the Property, Lender (by
judicially appointed receiver) shaU be entitlod to enter upon. take possession of and manage the Property and to col-
lect 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 PropeRy and collection of rents, including~ but not limited to,
receiver's fces, premiums on receiver's bonds and reasonable attomeys' fees, and then ta the sums secured by this
Security Instrucnent.
21. Rdaae. Upon payment of all sums secured by this Security Insts~ment~ Lender shall release this Security
Instrument without charge to Borrower. Bonower shall pay any recordation costs.
2Z. Attoraeya' Fas. As used in this Security Instrument and the Note~ "attorneys' fees" shall include any at-
torneys' fees awarded by an appellate court.
23. Rfders to tbis Secadty Iastrumeot. If one or more riders are exccuted 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
• C~ Adjustable Rate Rider ? Condominium Rider ? 2- 4 Family Rider
u Gr~c~uated Payment Rider ~S Yianncti Unit llevelopment Ridtr
(~Other(s) [specifyJ Fixed Rate Conversion Rider
BY SIGNING BELOW, Borrower accepts and agrees to the terms arid covenants contained in this Security In-
strument and in any rider(s) executed by Bonower and recorded with it.
~ Signed, ed and delivered
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Hanne Luko~
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~ STATE OF Florida
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~ COUNTY OF St. Lucie
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The fo~egoing instrusrent ~eas acknowledged before ¦e this.~gth.day of.~anuary , 1990
bX John Lukow and Hanne Lukow
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Notary • Publ hi. ~ S ~~r~~;~ at Large
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