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HomeMy WebLinkAbout2445 NON-U'~IFUR~t Cc~Yk:\A1TS Borrower and Len~.ier further co~en~nt and agrrr:~~ foU~~u~: 19, Acceleration; Remedies. I.ender shxll give notice to Borrower prior to acceleration folloNing Borrower's breach of s~ny covenant or agreement in this Security Instrument (but not prior toacceleration under paragraphs 13 and 17 - unless applicable IAw provides otherwise). The notice shall specify: (a) the default; lb) the action required to cure the default; lc) a date, not less than 30 days trom the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the defautt on or betore the dnte specified in the notice mey result in acceleration of the sums . ' secured by this Security lnstrument~ foreclosure by judicial prac~eding and sale of the Property. The notice shall further inform Borrower of the right to reinstate aher acceferation and the right to assert in the foreclosure proceeding the non- u existe~ce of a default or any other defense of Borrower to acceleration and foreclosure. lt 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 afl sums secured by this Security Instrument without turther demand and may toreclose this Security Instrument by judicial proceeding. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this parngraph 19~ including, b~t aot limited to, reasonable wttorneys' fees and costs of title e~idence. ~ 20. Lender ie Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (by~ judicially appointed receiver) shal) 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 receiver shall be applied first te 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 rea.sc~nahle attnrn€y.c_' Fees, at~ci ~Ihet~ 1o the sums hy thls S~~!IlIY IP.SI!!liTl_'F!I. • 21. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Fees. As used in this Security [nstrument and the Note, "attorneys' fees" shall include any attorneys' fees awarded by an appellate court. 23. Riders to this Security Instrument. If one or more riders are exec~ted 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 pan of this Security Instrument. [Check applicable box(es)~ ~ Adjustable Rate Rider Condominium Rider u 1-4 Family Rider ? Graduated Payment Rider ~ Planned Unit Development Rider ' Other(s) [specify] BY S~c;Nltvc BE~_ow, Borrower accepts and agrees to the terms and covenants contaired in this Security ; Instrument and in any rider(s) eaecuted by Borrower and recorded with it. ' ~ Si~ned, ~ealed and delivered in the presence of: ~ \ ~ ~ V..~ (Seal) i ~ Arthur F. Bolger -$o..o~, ~ ~ ;7 R ! i~ I ~ ~ (Seal) ~ V~A J. Bolg r -ao.,owe. ~ ~ (Seal) i -eorrowe. ~ ~ ~ ~ - ~ ~ -8orrower ~ Ispxe 6No~. This Linc Fw Ackrawleapr.encJ ! i k STATE OF FLORIDA, St. Lucie COl1IlIy S5: ~ ~ I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county ' ~ aforesaid to take acknowledgcments, personally appearcd Arthur F. Bolger and VADA B. Bolger ~ ~ ~ x ! i g , to me known to bc the personts) described in and who executed thc ; ! faregoing instrument and acknowledged before me that they executed the same for the purpose therein ~I a a expressed. i ~ r W~TxESS my hand and official seal in the county and state aforesaid this 31st day of ~ January , 19 90 ~ ~ My Commission exp~res: ~ I [~11 Notary PuD1ic I y:~iARY Fv~~.., C•F FL~~:DA il MY COMMISSiGi+ E?cp, RAY i1~1942 ' " ~ I 9G.~DED T!iRt1 GENLP,fil IMS. UkD. • . i ~I ; I - • ~ ~ - ~ I, h . ~ dooK ~~~3 PAGE~~~ x - - ~ - - - - - - - . ~.r"'~ ~ ~ ti.'-4 ~ ~ ~ :w,a-T ~-r _ €s~ . . . ~,:,~'r`,t~-,w ,u,.