HomeMy WebLinkAbout1560 No~v-Uti~t~c~RM Ce~vE rs Borrower and Lender Curther covenant and'algfCC 31 fl)IION1.
19. Acceleration; Remedies. I.ender shal) give notice to Borrower prior to acceleration folloNing Borruwer's
breach of any covenant or agreement in this Security lnstrument (but ~ot prior toacceleration under p~ragraphs 13 and l7
unless applicable law provides otherwise). The eotice shall specify: (a) the default; (b) the artion required to cure the
default; (c) 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 speclfied 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 shaU further
inform Borrower of the right tu reinstate aRer accelerstion and the rig6t to assert in the foreclosure proceeding the non-
existence of a detault or any other defense of Borrower to acceleration and foreclosure. If the default is not cured on or
before the date specified in the notice, L.ender at its option may require immediate payment in full of all sums secured by
this Security Instrument without further demand and may foreclose this Security Instrument by judiciai proceeding.
Lender shall be entitled to collect all e:penses incurred in pursuing the remedies prorided in this paragraph 19. inciuding~
but not limited to, ~easoa~bl~ ~ttorneys' fees and costs of titie evidence.
20. Lender in Possessioa. Upon acceleration under paragraph 19 or abandonment oi the Property, Lender (by
judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to cotlect 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 Property and collection of rents, inciuding, 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. Release. Upon payment of all sums secured by this Security lnstrument, Lender shall release this Serurity
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 this Security Instrumeat. 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 in:o and shall amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security
Instrument. [Check applicable box(es)]
~1, Adjustable Rate Rider ~ Condominium Rider ~ 2-4 Family Rider
~ Graduated Payment Rider ~ Planned Unit Development Rider
Other(s) [specify] ~ ~AI~.T AGRF1'7'E-~1'
PAR. 2 INIFJRM ODVE,NA:YT 2: A~IAAC~ aSSES,~D SY LE~IDQt lN ~!r!~'..C!'TON I~fI1H BORRaiER S E?~f1ERII~tG 1NP~ ~[IS
SEUIRTTY LNSlRIIfNf T'~ PAY 11~£ C.L16T JF A.K I~El~ENT TAX R~OKfING SERVICE 9~1A1L !~RI' BE A Q~IAi~£ ~'JR
OF' THIS PARAGRAPH
Y StcN~NG BELOw, ~orrower accepts and agrees to the terms and covenants contained in this Security
; Instr~ment and in any rider(s) executed by Borrower and recorded with it.
Signed seai a delivered~ th esenceof: ~T• ~E• I~• A rIAFtIDA
(Seal)
BY: , P~iESI -so..owe,
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- (Seal)
-Borrpwer
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E ~ ~ -Borrower
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[ $Y ~ -Borrower
E l~e Bebw 7nis line For ~?ckno.kepnenll
~ STATE OF FLORIDA, COUtlty 55: UJCIE
I hereby certify that on this day, before mc, an officer duly authorized in the statc aforesaid and in the county
aforesaid to take acknowledgrments, personally appearcd
~ i.~NARD KAI~ICY~ PRESIDE.~iI'
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~ Q7S!'~1 E~ ~JF P'.~tT ST. Ll1CIE, ItJC,, A FZDRI'~A ~JRATI7.+1
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y , to me known to be the person(s) described in and who executzd thc
' foregoing instrument and acknowl.edged beforc me that ~Y executed the same for the purpose therein
~ expressed.
~ WITNESS my hand and official sea! in the county and state aforesaid this day of
~ ~?A N i~ct ~ l/ , l 9 9(1
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