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HomeMy WebLinkAbout1554 ~ . ~ NUN•UNIFORM COYE!~ANTS Borrower and Lender further covenant and agree ac folloH 19. Acceleratlon; Ramedies. Lender shall give notice to ~rrawer prior to accele~Ation tollowing F~orruwer's breach ot any covenant or agreement in this Security Instrumeat (but not prior to acceferation under paragraphs 13 and 17 ~unless applicable law provides otherMise>, 7'he notice shall specify: (a) the defAUlt; (b) the action required to cure tfie deh~it; (e) a date, not less thaa 30 days trom t6e date the notice is given to Borrower, by which the default must be cured; ~ a~i ii~ tkst hUure to cure tl~e default on or before the date speclfled in the notice may result in accelention of the sums o setrr+e~ !y tkis Security Instrumeat, forecloaure by judlcisl proceeding ~ad sale of the Property. The notice sh~ll further ; iJon~ BoROwer oi the right to refnsUte aRer sccelentlon and tbe right to assert in the toreclosure proceeding the non- ~ i e:bte~ee of ~ iefault or any ot6er de[ense of Bon~ower to ~celeration and foreclosure. if the detault is not cu~ed on or betore the date specified ia tbe notice, Leader at ita optioa may requIre immediate payment in full of ~il sums secured by this Security Instrument without further demand and may foreclase this Security Instrumeat by judicial proceeding. • Leader shall be ent~tled to collsct all expenses incurred ia pursuing tLe remedies provided in tl~is paragraph 19~ including. but not limited to, reasoaable attorneys' tees aad costs ot titte evidence. 20. Lender ia Possession. Upon acceleration under paragraph 19 or abandonment of' the Property, Le~der (by . ~udicially aRpointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to coilect the , , rents of the Property including those pasi due. Any rents collccted by Lender or the receiver shall be applied first to ' payment of the costs of management of the Property and collection 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 Instrument. 21. Relea~e. Upon payment of al! sums secured by this Security Instrument, I,ender shall retease this Security ~i lnstrument without charge to Borrower. Borrower sha11 pay any recordation costs. ' ~ 22. Attorneys' Fe~e. As used in this Security Instrument and the Note, "attorneys' fees" shall include any attorneys' ~s fees awarded by an appeltate court. 23. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agretments of each such rider shall 6e 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 Secur~ty Instrument. [Check applicable box(es)] ~ Adjustable Rate Rider ['j Condominium Rider ['j 2-4 Family Rider ~ Graduated Payment Rider ? Planned Unit Development Rider • THIS IS A BALLOON MORTGAGE AND THE FINAL PRINCIPAL PAYMENT OR ? Other(s) [specify] THE PRINCIPAL DUE IIPON MATURITY IS $48,000.00, TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE• BY SlGNtNG BELOw, 8orrower accepts and agrces to the terms and covenants contained in this Security Instrument and in ~der(s) executed by Borrower and rxordtd with it. CUSTOM hOAiES OF PORT ST. LUCIE, INC. Signed, l a delive ed ~ the p nce of: ' ~ (Seal) [.eonard Kaleky, Pre~ident -ew?owe. ~ ~ (Seal) ~o.~ovre. f F -6prrower 1 t ~ t (Seal) E -Bwrowe~ E [Spsce Be~oM Th"s line Fa ~~cnow~e~tl ~ i r STATE OF FLORIDA COUNTY OF ST. LUCIE ~ , ~ ! HEREBY CERTIFY, that on this o~.~__ day of ~~c- ~ ~ , A.D., 19'~ ~J ~ ; before me personally appeared _ _ ~ respectively ~ President and Secretary of ~ ~eu vnucc ns ~nnT c~ t t~rT~' 7NC_ a F.larida Corporation, ~ to me known to be the persons described in and who executed the foregoing instrument, and severally acknow- fedged the execution thereof to be their free aci and deed as such officers for the uses and purposes therein men- t tioned, and that they affixed thereto the official seal of said corparation, and the said instrument is the act and ~ deed of said corporation. WITNESS my hand and official seal at -u!-T~~-t--~ said county and state. "90 JAN ~1 A 8 :59 ~ _ _ ~ ~ 1022431 ~ Notary Public, n and fo S d C~pt~ ~fod~e~~ FILt:_ ' V~ RF~C~?~r- tary ~u~.u, ta e ~ ~ ~443~ I OI~G' ~ My Commision Expires: My em:n~ss.:= cr., 26 : j ~ a~.~.:,..~,,.. ~O"'~i~ ~ ~ ~~?,F..,._~: . . ~ ~ ~ . ~ ~ ~ ~ k F " ~ ' ~ s~ ' I.•. 60GK 675 PacE1554 ~ ~ ~ ~2 . t ~ - f, . . ~ ~ - -~~~3..s'~`~ _ a..~~*"r.i-.,.~,.t=~~~.~new°~~~~~~