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N~~ti-U`IF~~R`t CcrvF.~qti Is Borruwrr and Lendrr iurthrr ru~enant and agrrr ati ti~llu~?,:
19. Acceleration; Remedies. l.ender shall give notice to Borrower prior to acceleration folloNing Horruwer's ~
~ breach of any corenant or agreement in this Security lnstrument (but not prior to acceleration under paragraphs 13 and 17 ~
unless applicable law provides otherwise). The notice shall specify: (a) the defauit; Ib) the artion required to cure the
default; (c) a date, not less than 30 days from the date the r~otice is giren 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 ma~• result in acceleration of the sums
J secured by this Security instrument, foreclosure by judicisl proceeding and sale of the Property.l'he notice shall further '
inform Borrower of tfie right to reinstAte after accelerAtion and the right to usert in the foreclosure proceeding the non-
F~_ existence of a default or any other defense of Borrower to acceleration and foreclasure. If the default 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 demand and may forectose this Security I~strument by judicial proceedinR.
Lender shall be entitled to collect sll expenses incurred in pursuing the remedies provided in this paragraph 19. including. ~
but not limited to, reasonAble Attorneys' fees and costs of title evidence. ~
20. Lender in Possession. Upon acceleration under paragraph IQ or abandonment of the Pro~ert~~, Lendrr (b~
~ judicially appointed re~:eiver) shal! be entitled to enter upon, take possession of and manage the Pro~x:rty and to ~olle~t thr ~
' rents of the Property including those past due. Any rents collected by Lender ~r the receiver ~hall he appheci fir~t to ~
payment of the costs of management of the Praperty and collection of rents, including, but not limited to, receiver's fers,
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21. Release. Upon payment of all sums secured by this Security Instrument, Lender sh~ll r~lrase thi~ Srcurity ~
Instrument without charge to Sorrower. Bormwer shal! pay any recordation costs. ~
2l. Attorneys' Fees. As u~ed in this Security Instrument and the Note, "attorneys' fees" shal) include any~ attorne}~s' ~
fees awarded by an appellate court.
23. Riders to this Security Instrument. If one or more nders are executed by Borrow~er and rec~~rded tugether u~ith !
this Serurity lnstrument, the covenants and agreements of each such rider shall be incorEwrated into and shall amend and ~
supplement the covenants and agreements of this Se~:urity Instrument as if the rider(s) were a part oP thi~ Securi~y
[nstrument. [Check applicable box(es)J
Adjustable Rate Rider Condominium Rider ' 2--3 Famil~~ Rider
_ '90 FE8 -1 R10 :25 ~
~ Graduated Payment Rider ^ Planned Unit Development Rider 1~ Z z 7 6 6 ~
~ Uther(s) (specify) FlLED ak~ RECOr, ~
nn~~~i ~ ~ r.~vn~~ ~
ST. LUCIt CCLINr(, rL. i
BY S~c;ti~xo BEl.ow, Borrow•er accepts and agrees to the terms and co~~enants rontained in this Security '
Instrument and in any rider(s) executed by Borrower and recorded with it. '
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Signed, sealed and delivered in the presence of: ; ~
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.'k~~S?R,.~n~......-C`~~....~G..~C9:~1~....-. . . s~ ~ ~
...............................(Seal)
- GEb~~..~.~~ LAYN~ . . . _ao„owe,
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~~~L.:.1...7:......~.........~..'.~.......~( ..~~-c.:r~:;.... . ~-'.Lf~,..~...............(Seal)
PAULINE L.
L~~~AYNE -ao•,ore~
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sT~TE oF FLORIDA
ST . LUC I E coucvTY
' 1 hereby certify that on this day, before me, an of'ficer duly authorized in the state aforesaid and in the county aforesaid to take
~ acknowledgements, persona?Iy~ appeared . ..GEIIRGE . G. . LAYNE. ~d~]d .PAYLI.NE..L.. .LAYN~, . hl S..Yr?.fe . . . . . .
~ to me knQw~n to be the person (s) described in and who executed the foregoing instrument and acknowledged
F before me ihat ~YtQJI executed the same for the p~rpose therein expressed.
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WITN6SS ~m ~~iarid~nd official seal in the count and state aforesaid this ......................3~.St
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on ex~es;.~ ~ ~ '~.`~t"~'
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SenD 1~. Np~ld~ t'{I~Li{ ~T~1E Of fIORiD~
Notary P i~.
~ _ ~ ~ ~ ~'t4~1~liSIOM fx~. MAr s. 1992
~ Y.•~BO~QiEO TMAO 6EMERAC INS. YIIO.
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THIS INSTRUMENT PREPARED BY:
STEWART TITLE OF ST. LUCIE COUNTY
80~ Virginia Ave., Suite 23
Fort Pierce, Fl. 34982
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~0~~6`75 PAGE23~6
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