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HomeMy WebLinkAbout2555 1 I''1 ~ ~i r~~ l~) ~ 1 \u~-I t~tt~t ('i~~ t~~~ B~~~ru~~rr and l rnJrr (urtlirr ru~rnant and 3grr~ a. tuUu~~.: 14. .acceleratii?n; Remedies. Lender shall gi~e notice to Borrower prior to accelerytion falloNing Hur~oNer'~ brcach of an~ co~ ena~t or ~grremen~ in this tiecurit~ Instrument (but nc?t prior to accelers~tion under par~grs~phs 1 i and l7 uniess applicable Is~w prorides otherwise?. The notice shall specifj: (a) the defAUlt; (b) the actiun reyuired to cure defauh; (c) a ds?te. not less ths?n 10 da~ ~ trom the ds?te the notice is Ri~~en to BorroM~er. by which the default musl be cured; Ynd (d) thAt (ailure tu cure the defauft on ur before the date specified in the ~otice ma~ result in acceleration of ihe sums ,ecured bt this Securit~~ Instrument. toreciusure b~ judicis~{ proceeding and ss?le uf the Property.l'he nutice shpil turther inform Borrow~er of the right to reinstate a[ter acceleration snd the right to assert in the tureciosure proceeding the non- ezistence of a detault or an~ other defense of Borrower to accelerAtion nnd forectosure. !t the defsult is ~ot cured on ur before the dAte specified in the nofice, t.ender at its option ma~ require immediate pa~ment in futl of gtl sums secured b~ this Securit~ Instrument without further demand And mx~ foreclose this Security lnstrument by judicial proceeding. t.ender sh~ll be entitled tu collect all ezpenses incurred in pursuing the remedies pro~•ided in this paragrs~ph 19. including. but not timited to. reasonAble yttorne;~s' tees and costs to title e~ idence. 20. t.ender in Possession. l`pun accrieratiun under paragraph 19 ur abandonment of the Pronert~•, Lender (h~ i~;:;ic~a~i: a}~F~~~+niru rrrenrrj ~nall t~t ~nUtfrd to enter upun, lake posse:siun oiand managr the Propert~ and to collect thr rents of th~ Properh inrludan~! thu~< pa~t ~fue. Am rentti rolle.ted b~ Lrnd~r ur thr rerei~er shall br a~plied first tu ~a~ mrnt uf thrru,tx of managemrnt ut thr Propert~ and collecticm oi rents, including, but not limited to, recei~er'st~ee,, ~rrmium> ~~n recri~er'. hond~ and :ea~onahlr auurnr~: (re~, and then to the ~ums secured b~ this Securitc In,trumrnt. 21. Release. l'pon pu~ment uf all .um.,erur~d b} this Srcurih• Instrument. Lrnder.hall relea.t thi, tiecurit~ Iri.trum~nt ~+ith~~tu charge to Borm~~rr. R~~rru~~er,hall pa~ an~ rrrurdation co.t,. 22. Attorne~s' I~ees. r~, u.ed in thi, Srrurit~ Instrument and the 1ute, "atturnr~,' fer," .hall include an~ atturnr~; tie~. a~~arded b~ an appelat~ cuurt. 23. Riderstothis Securit) fnstrument. tf unr ur murr rid~r. are rxecuted b~• Burruw~r and rra~rded together H ith th~, ~rrurit~ In,trument. thr ru~cnant. and agrermrnt> ui rach ~uch ridrr shall be incorporated into and shall amend and ~uprlrmrnt thr cu~enanf~ and agrremrnt. uC thi, ti~curit~ liutrumtnt a~ it th~ rider{:,) »ere a part oti thiti Serurit~ In,trun~rnt. [('heck :~p~licablr bo<I~~1] ~:\djutitahle Rate Rider ?('ondunun~um Rid~r ? 2 a Fami{~ Rider ? Graduat~d I'a~ment Ridrr ? Planncd l'nit U~~rlupmrnt Ridrr ? ~)i~1LT~~) ~~f1Cl'I~)~ R~ tilt~~~~e~ St . S~~rr~~~~rr acreE~ts and agrees t~~ thr termti and cu~enant~ runtain~d in thi. Securit~ ln.trument sn~i ~n an~ rid~rl~1 ~~rrutcd b~ Borro~tier an~f rrc~~rded ~tiith it. tiignrd. .ralyd and ~1rli~rred in thc prr.rnrc uf: ~'i ~ ~ (Seall I i:HA~L~~` W. I{RUSE eo"o,^'e` i ~ 7~l (Sral) l - _ f NFiR~:1ET F;~,+_:nE so~,o,,,~, ~ tii ~t tOF Fi c~Kiu~~. INDIAN RIVER Count~ ss: 1 hercb~ rertit~ that ~~n thi~ da~, belore mr, an ufficrr dul~ authoriied in thr ~tate afe~re,aid and in the cuunt~ ~ ~ ~ Chailes W. Kruse and Harriet Kruse ; af~,rr,ai~i tc~ takc ackn~~~~lr~itimrnt,. prr,unall~ appeared ~ ; his wife . e~, mr kno~~n t~~ he the personl•) described in and aho executed the ~ l~~r~g<~in~: imcrument and arkn~~~~lcdged heti~~re me that they ~r~cuted the ,ame for the ~urpo~e therein E ,J ~ C.\{1fC1\lU. ! ~ ~~'I I~l ~ti rn~ hand and ~~ftirial xal in thr r:~unt~ and ~tate ai~~re~aid thi, 2Sth da}~ oti ~ January - ~y 90 ~ , . ; ~ ~1~ (~urnmi.i~~n rx~ir~,: - " ~ Q ~ - ~ 5:~a~; Hp~y., ~ kcta:r Puei~c ~ , . . _ ~ ~~Fl~or~~~~ . : ~ ~ t • ~ . ~ ~"'7~ t.i,~1yg~~6t: " i € ~ ~',:Er`ARf::I; IJ~DEF: 1~HE c~_)i=ER'+~ISIO~J ftF ..~EF'HEi~~ E. NOY~T ~ S~IUTNE:A.~T MOF:TrAiTE CO~~r-~~~?~~Y x ~_!0 CE~JF;A~._ F°F;i~lCE~sI~sG ?_f~!I T rS 1. Ci ~'f T, F I_. 3 3 S~ ~ F080. MTG~118 (Rev. $i84) M060-54•298 BO~~ ^ ~rr ~,,G~~~~~ O V ~ r: ~ - ~~•3- ~ ~t~~'-~. - ~t. ~