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Agenda 12/13/2016 Item #16D 7 16.0.7 12/13/2016 EXECUTIVE SUMMARY Recommendation to approve twelve mortgage satisfactions for the State Housing Initiatives Partnership loan program in the combined amount of$36,737.63. OBJECTIVE: To support the affordability of housing in Collier County through State Housing Initiatives Partnership (SHIP) down payment and emergency repair and/or rehabilitation assistance programs. CONSIDERATIONS: The State Housing Initiatives Partnership Program (SHIP), a state affordable housing program, offers assistance to first time homebuyers for use toward a portion of the required down payment and emergency repairs to the newly acquired home. As a condition of award, the homeowner must repay the assistance provided upon sale,refinance or loss of homestead exemption. CHS staff has recently completed a comprehensive review of County-issued SHIP loans. Through this process, staff has identified 12 mortgages where the homeowner is entitled to have to have their original down payment assistance forgiven. None of the mortgages include a maturity date. Section 95.281(1)(b) F.S. allows this debt to be forgiven if the mortgage is more than 20 years old and the final maturity of an obligation secured by the mortgage is not ascertainable or previously set forth in the mortgage. Under such circumstances, the mortgage is considered terminated and for record purposes the down payment amount may be forgiven. Therefore due to the length of time of the mortgage, the following homeowners have met the obligation and the loan should be forgiven. SHIP Ordinance No. 93-19 did not require a maturity date. The following table provides details regarding the associated mortgages that have met their obligation. As such, satisfactions of mortgages are required. Name Date Recording SHIP Mortgage Mortgage Mortgage Date Mortgage Amount to be Satisfaction Signed OR/PG forgiven Francel Auguste& 12/1/1995 12/15/1995 2128/2286 $2,500.00 NA Marie R Michel Pedro R Barajas 10/6/1995 10/10/1995 2107/1719 $4,100.00 N/A Juan Cardenas & 11/27/1995 12/1/1995 2124/0754 $2,500.00 NA Margarita Cardenas Manual F Garcia 12/1/1995 1/12/1996 2138/0430 $2,500.00 N/A Emilio Garrido 11/29/1995 2/23/1996 2151/1983 $2,500.00 N/A Ramon Gonzalez 12/15/1995 12/21/1995 2131/0483 $2,500.00 NA &Marta Gonzalez Adrian Lora& 9/6/1995 9/15/1995 2100/0287 $2,500.00 NA Norma Lora Daniel 0 7/26/1995 8/4/1995 2086/1066 $1,691.25 NA Rodriguez& --� Madelos Reyes Packet Pg.1222 16.D.7 12/13/2016 Rodriguez Leopoldo Romero 7/14/1995 7/31/1995 2083/2341 $3,446.38 N/A Lila A Smith 6/22/1995 7/3/1995 2075/0660 $5,000.00 N/A Monica Sturgeon 6/28/1995 7/5/1995 2075/1328 $2,500.00 NA &Erika Perez Jody Paul St Pierre 11/30/1995 12/8/1995 2126/1040 - $5,000.00 &Cheryl Lynn St Pierre * $31,737.63 $5,000.00 Total $36,737.63 *Collier County received repayment on 10/09/2001 but a Satisfaction of Mortgage was not recorded at that time. A Satisfaction is being done to clear the title on the property. Approval of these items will authorize the Chairman to sign the aforementioned satisfactions of mortgage and the executed documents shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: There is no fiscal impact associated with the Satisfactions of Mortgage. The funds received in 2001 for the loan that was paid off were deposited in the SHIP Grant Fund account prior to SAP and reused for eligible SHIP activities. The $10 recording fee will be paid by SHIP Grant Fund 791, Project 33467. LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote for Board approval.-JAB GROWTH MANAGEMENT IMPACT: There is no growth management impact. RECOMMENDATION: That the Board of County Commissioners approves and authorizes the Chair to sign twelve mortgage satisfactions for single family owner occupied affordable housing units. Prepared By: Wendy Klopf, Operations Coordinator, Community&Human Services Division ATTACHMENT(S) 1. 1995 SHIP Satisfaction of Mortgage (PDF) 2. [LINKED] 1995 SHIP Mortgages (PDF) 3. CDM backup (PDF) Packet Pg: 1223 16.D.7 12/13/2016 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.7 Item Summary: Recommendation to approve twelve mortgage satisfactions for the State Housing Initiatives Partnership loan program in the combined amount of$36,737.63. Meeting Date: 12/13/2016 Prepared by: Title: Operations Coordinator—Community&Human Services Name: Wendy Klopf 10/25/2016 10:14 AM Submitted by: Title: Division Director-Cmnty&Human Svc—Public Services Department Name: Kimberley Grant 10/25/2016 10:14 AM Approved By: Review: Community&Human Services Leslie Davis Additional Reviewer Completed 10/25/2016 11:03 AM Community&Human Services Kristi Sonntag Additional Reviewer Completed 10/25/2016 12:20 PM Public Services Department Kimberley Grant Additional Reviewer Completed 10/25/2016 4:49 PM Community&Human Services Maggie Lopez Additional Reviewer Completed 11/07/2016 4:00 PM Public Services Department Hailey Margarita Alonso Level 1 Division Reviewer Completed 11/09/2016 4:06 PM Public Services Department Amanda 0.Townsend Additional Reviewer Completed 11/16/2016 6:06 PM Grants Erica Robinson Level 2 Grants Review Completed 11/17/2016 8:51 AM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 11/17/2016 1:31 PM County Attorneys Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 11/29/2016 3:37 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 11/29/2016 4:22 PM Budget and Management Office Ed Finn Additional Reviewer Completed 11/30/2016 9:24 AM County Attorney's Office Scott Teach Level 3 County Attorney's Office Review Completed 11/30/2016 12:56 PM Grants Therese Stanley Additional Reviewer Completed 12/05/2016 11:08 AM County Manager's Office Leo E.Ochs Level 4 County Manager Review Completed 12/05/2016 12:40 PM Board of County Commissioners MaryJo Brock Meeting Pending 12/13/2016 9:00 AM Packet Pg.1224. _ _ _ 16.D.7.a Prepared by: Wendy Klopf Collier County Community and Human Servioes 3339E.Tamiami Trail Ntmles,fl..34112 TIES SPACE FOR:RECORD-11ga • tc - SAMFM2I0N-ORMORTOWCIE- 0 .c1 KNOW ALL MEN BY THESE PRESENTS!That COLLIER:cm-err!,whose post office address is 3299 E T TRAIL,NAPLES; FLORIDA.343121 the owner(s) and bolder(s).of a certain., Mortgage executed by Franc Auguste&Marie R Mic110-40.COLUNt'COUNTY,dated 12.10111995" and recorded on 12/15/1995 in Official Records Book 2128 Page 22S of the Public Records of Collier County,Florida, securing a principal sum of $2,500.00 and certain promises and obligations set forth an LC) Cr) said Mortgage,upon the property described in the aforementionettmortgage. cr) 71; COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and a) surrenders the same as cancelled,and hereby directs the Clerk of said-CiteuitCourt to cancel the same of record. This Satisfaction of Mortgage was approved by the Boaxd--of .commy Commissioners on - 2016,Agenda Item Number in At LEST: OBFOARDeOLLOFpaRO CouPtIZ,OvLMMtSoluDSA,IONERS , DWIGHT E.BROCK,CLERK - o 2 DEPUTY-CLERic DonatiFialik Chairman Approval for form and legality: • cc ra Jennifer A.Belpedio \\41 ca \ Assistant County Attorney '?- jcn\ in E ' Packet Pg. 1225 — -- 16D.7.a Prepared by: Wendy Kiopf Collier County Community and Human.Services 3339 E.Tamiami Trail Naples,FL 34112 THIS SPACE FOR RECORDING " d SATISFACTION OF MORTGAGE KNOW ALL MEN BY THESE PRESETS: That COLLIER COUNTY,whose post office address is o 3299 E TAMIAMI TRAIL, NAPLES; FLORIDA 34112, the owner(s) and holder(s) of a certain y Mortgage executed by Pedro R Barajas to COLLIER COUNTY, dated 10106/1995 and recorded on 10/10/1995 in Official Records Book 2107 Page 1719 of the Public Records of Collier County,Florida, securing a principal sum of $4,100.00 and certain promises and obligations set forth in said Mortgage, upon the property described in the aforementioned mortgage. COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of ! o record. This Satisfaction of Mortgage was approved by the Board of County Commissioners on - ,2016,. Agenda Item Number 3 0) a) ATTEST: BOARD OF COUNTY COMMISSIONERS re DWIGHT E.BROCK,CLERK OP COLLWt.K COUNTY,FLORIDA 0 2 By: By: "6 ,DEPUTY CLERK Donna Fiala,Chairman o � Approval for form and legality: Jennifer A.I3.eipedio 05ha caN Assistant County Attorney Q a. O` to In a) W U r 0 Packet Pg.1226 _ _ - ---- — 6.D7a: " t i Prepared by: Wendy Klopf Collier County Community and Human Services 3339 E.Tamiarni Trail Naples,FL`34112 THIS.SPACE FOR RECORDING ami SATISFACTION OF MORTGAGE { o KNOW ALL MEN BY THESE PRESENTS: That COLLIER COUNTY,whose post office address is 3299 E TA's'UAMI TRAIL, NAPLES, FLORIDA 34112, the owner(s) and holder(s) of a certain Mortgage executed by Juan Cardenas & Margarita Cardenas to COLLIER COUNTY, dated 11/27/1995 and recorded on 12/01/1995 in Official Records Book 2124 Page 0754 of the Public Records —J of Collier County, Florida, securing a principal sum of $2,500.00 and certain promises and obligations i rn set forth in said Mortgage,upon the property described in the aforementioned mortgage. en COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of o record. a This Satisfaction of Mortgage was approved by the Board of County Commissioners on - v=i ,2016,Agenda Item Number N a, ATTEST: BOARD OF COUNTY COMMISSIONERS a� DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA o 2 By: By: ,DEPUTY CLERK Donna Fiala,Chairman 0 Approval for form and legality: ' ° 1/4" Jennifer A.Belpedio _,J( ' pt� u) Assistant County Attorney pO,Cl � a. �\ rn a) m v .r 0 Packet Pg. 1227 16.D.7.a Prepared by: Wendy Klopf Collier County Community and Human Services 3339 E..Tamiami Trail Naples,F1,34112 THIS SPACE FOR:RECORDIIG m iso SATISFACTION OF MORTGAGE `o au KNOW ALL MEN BY THESE PRESENTS:That:COULTER COUNTY,whose post office address is o 3299E TAMIAMI'TRAIL, NAPLES, FLORIDA 3414, the owner(s) and holder(s) of a certain N Mortgage executed by Manual F Garcia to.COLLIER COUNTY, dated 12/01/1995 and recorded on: g 01/12/1996 in Official Records Book 2138 Page 0430 of the Public Records of Collier County,Florida,'' 3 securing a principal sum of $2.500.00 and certain promises and obligations set forth in said Mortgage, �n upon the property described in the aforementioned mortgage. rn COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and co ami surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of c record. 2 a This Satisfaction of Mortgage was approved by the Board of County Commissioners on ,2016,Agenda Item Number m ATTEST: BOARD OF COUNTY COMMIISSIONERS DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA °) By:+ By DEPUTY CLERK Dann$.Fiala,Chairman Approval for form and legality: ►�/ re Jennifer Belpedio ca A Assistant County Attorney `O�a a � I rn ns r Packet Pg.1228 - - - — 16.D.7.a Prepared by: Wendy IClopf Collier County Community and Human Services 3339 E.Tarniami Trail Naples,FL 34112 'THIS-SPACE FOR RECORDING aci SATISFACTION OF°NCO AG1 KNOW ALL MEN BY THESE P"R ENTS TThat-COLL ER COUNTY,whose post office addressis o 3299 E TAMIAMI TRAIL, NAPLES, FLORIDA;3411:, the'owner(i) and holder(s) of a certain: w Mortgage executed by Emilio:Garrido .W COLLIER COUNTY, dated l 1/29l1395 and recorded on 02/23/1996 in Official Records Book 2151 Page 1983 of the Public Records of Collier County,Florida,.. 3 securing a principal sum of $2,500.00 and certain promises and obligations set forth in said Mortgage, f upon the property described in the aforementioned mortgage. l cn as COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and cis aii surrenders the same as cancelled,and hereby directs the Clark-of:said Circuit Court to cancel the same of record, 2 o_ This Satisfaction of Mortgage was approved by the Board' of "County Commissioners on - 2016 da Item Number 'Aden 1 In ` N/ 1 m ATTEST: BOARD OF COUNTY COMMISSIONERS re DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA By: By DEPUTY CLERK Donna Fiala,Chairman o Approval for form and legality: t �O �° Jennifer A.Belpedio (X is Assistant County.Attorney ry O� � Cr.; Y CCS i_ is o ea Packet Pg. 1229 16D.7.a Prepared by: Wendy Klopf Collier County Community and Human Services 3339.Tamiami Trail Naples,FL 34112 THIS SPACE FOR RECORDING > SATISFACTION OF MORTGAGE .° � I KNOW ALL MEN BY THESE PRESENTS': That COLLIER COUNTY,whose post office address is ° 3299 E TAMIA.MI TRAIL, NAPLES, FLORIDA 34112, the owner(s) and.holder(s) of a certain Mortgage executed by Ramon Gonzalez&Marta Gonzalez to COLLIER COUNTY,dated 12/15/1995 and recorded on 12/21/1995 in Official Records Book 2131 Page 0483 of the Public Records of Collier —j County,Florida, securing a principal sum of $2,500.00 and certain promises and obligations set forth in rn said Mortgage,upon the property described in the aforementioned mortgage. • a> COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and: surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of record. 2 a This Satisfaction of Mortgage was approved by the Board of County Commissioners on - 1 c ,2016,Agenda Item Number �- . j N N_ I � ' ATTEST: BOARD OF COUNTY COMMISSIONERS DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA i By: By: `o ,DEPUTY CLERK Donna Fiala,Chairman Approval for form and legality N a Jennifer A.Belpedio \7'' c� Assistant County Attorney \d a L rn 0) a+ d E U .N Packet Pg. 1230 16.D.7.a ----s. I Prepared by: Wendy Klopf Collier County , Community and Human Services 3339 E Tamiami Trail Naples,F1.34112 . TM SPACE FOR RECORDING , a > D) SAIIMUCTION OrMORMAGE 0 I a) xi KNOW.ALL MEN,BY THESE PRES:4‘'ki'lhat cciu,nat COUNTY,whose post office address is o 3299 E TAIWAN' TRAIL) NAPLES;''YLORIDA 34112, the-owner(s) and bolder(s) of &certain , u) 1 Mortgage executeil by Adrian Lora&Norma Lora totOLLIER COUNTY, dated 1)W06/1995and c 2 recorded on 09/15/195 in Official,Records Book 2100 Page,0287.of the Public Records of Collier —I County,Florida, securing a principal sum of $2 500.00 and certain promises and obligations set forth in to Ci) said Mortgage,upon the property described in the aforementioned mortgage. a) co COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and gi) surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of t o record. E a_ This Satisfaction of Mortgage was approved by the Board of County. Commissimets on - E co : . ,2016,Agenda Item Number . . Lo Lo Cll : a) A I[EST: BOARD OF COUNTY COMMISSIONERS ' a) DWIGHT E BROCK,CLERK OF'COLLIER COUNTY,FibitIDA . o a By:___ , By. DEPUTY CLERK Donna Fiala,Chairman0 _ . a . o Approval for form and legality: iJ "t9 Jennifer A,Belpedio C,KN1/4..40 Assistant County Attorney ,e), a. 1 \ to to , co 0, %— ' 0 : E 0 as .... < (II Packet Pg. 1231 _. — — — -- 16.D.7.a Prepared by; .Wendy Klopf Collier County Jules,Ft, Community341and Hum12 an Services 3339 E.Tamiarni Trail THIS SPACE FOR RECORDING SATISFACI1ON OF MORTGAGE o KNOW ALL-MEN BY`THESE PRESENTS That CO g ,CPT.fl1/4 'Y,whose post office::address is 3299.E,T . 6 s TRAIL, NAI)`.0S,,4111LO1W)A 4I IIZ, the ow ri(s) and bolder(s) of a.4certale c Mortgage executed by Daniel 0 Rodriguez& Ma:delos od iguez...to COLLIER Com; ea dated 07/26/1995 and recorded on*0411995 in C cial RacOnie Book 2086 Page 1066 of the Public, Records of Collier County, Florida, securing a principal sum of $1,69125 and certain promises and t obligations set forth in said Mortgage,upon the property described in the aforementioned mortgage, • i rn , COLLIER COUNTY hereby acknowledges full payment and satisfaction: of said Mortgage, and surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of record. 2 Ia. This Satisfaction of Mortgage was approved by the Board of County Commissioners on - ,2016,Agenda Item Number . •• tN N ATTEST: BOARD OF CCJUiVI Y COMMISSIONERS cc DWIGHT E.BROCK,CLERK OF COLLIER COQ,FLORIDA , a7 o By DEPUTY CLERK Donna Fiala,Carman .: C Approval for form and legality: o ) Jennifer A.Belpedio Assistant County Attorney ( a_ Un a) m E • U t4 : w ' ( a Packet Pg. 1232 — — 16D.7.a Prepared by: Wendy Kiopf Collier County Community and Human Services 3339 E.Tarniami Trail Naples,FL 34112 THIS SPACE FOR RECORDING ; ami SATISFACTION OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS:That COLLIER COUNTY,whose post office address is o 3299 E TAML4MI TRAIL, NAPLES, FLORIDA 34112, the owner(s) and holder(s) of a certain q �, Mortgage executed by Leopoldo Romero to COI.LLIERCOUNTY,dated 07/14/1995;.and recorded ontrs. 07/31/1995 in Official Records Book 2023 Page 2341 of the Public Records of Collier County,Florida, securing a principal sum of $3.446.38 and certain promises and obligations set forth in said Mortgage, ` rn upon the property described in the aforementioned mortgage. rn COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of 4, record. { ° This Satisfaction of Mortgage was approved by the Board of County Commissioners on - ,2016,Agenda Item Number . .•••""( ATTEST: BOARD OF COUNTY COMMISSIONERS t DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA 0 By: By: 2 DEPUTY CLERK Donna Fiala,Chairman o C O Approval for form and legality: Cs �� • Jennifer A.Belpedio _ � t Assistant County Attorney \()/ a •0 c=n It, 0 C a) C.) Cs 0 Packet Pg.1233 16.D.7.a Prepared by: Wendy Klopf Collier County Community and Human Services 3339 E.Tamiatni Trail Naples,FL 34112 THIS SPACE FOR RECORDING SATISFACTION OF MORTGAGE 0 KNOW ALL MEN BY MESE PRESENTS: That CO1 AJE,R COUNTY, whose post office address is 3299 E TAMIANII TRAIL, NAPLES, FLORIDA 34112, the owner(s) and holder(s) of a certain Mortgage executed by -Lila A Smith to COLLIER COUNTY, dated 06/22/1995 and recorded on 07/03/1995 in Official Records,Book 2075 Page 0660 of the Public Records of Collier County, Florida, ca�c securing a principal sum of $5,000.00 and certain promises and obligations set forth in said Mortgage, upon the property described in the aforementioned mortgage. cn rn rn COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of record. 2 This Satisfaction of Mortgage was approved by the Board of County Commissioners on - a ,2016,. Agenda Item Number m In U, N ATTEST: BOARD OF COUNTY COMMISSIONERS as DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA By: By: ,DEPUTY CLERK Donna Fiala,Chairman Approval for form and legality: Jennifer A.Belpedio Assistant County Attorney s Leto o_ ° it) m 3 ca 0 Packet Pg. 1234 16.D.7..a ;.i Prepared by: Wendy Klopf Collier County Community and Human Services 3339 E.Tarniami Trail ` • Naples,FL 34112 _ THIS SPACE FOR RECORDING' c s r SATISFACTION OF MORTGAGE '` o c KNOW ALL MEN BY THESE_PRESENTS: That COLLIES,.COl ,whose post office address is.;: " o 3299 E TAMIAMI TRAIL, NAPLES, FLORTDA:',34112, the Owner(s) and holder(s) of a certain I N Mortgage executed by Ivlonica.;Sturgeon & Erika Perez to-C COLLIER COUNTY, dated 0:6/28/I995 ' e and recorded on 07/05/1:995 in Official Records:'Book:2 75 Page 1328 of the Public Records of Collier v o County,Florida, securing a principal sum of $2:500.00`and-certain promises and obligations set furih.:in ra said Mortgage,upon the property described in the aforementioned mortgage. rn COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage; and: surrenders the same as cancelled,and hereby directs the Clerk of said Circuit Court to cancel the same of o record. tL This Satisfaction of Mortgage was approved by: the Board of. County Commissioners: on z rn ,2016,Agenda Iteni Number rsil is N CD A 11±ST: BOARD OF COUNTY COMMISSIONERS DWIGHT E.BROCK,CLERK OF COLLIER COUNTY,FLORIDA i' a) 4 O BY: By: 2 ,DEPUTY CLERK Donna Fiala,Chairman r, c Approval for form and legality: t i3 re Jennifer A.Belpedio a\ f. m Assistant County Attorney , 1 n. C` \ 4 u7 . c) c C., Ct lr\ • 1 Packet Pg. 1235 - - - - - - - - 16.D.7.a 1 ,•—•\ Prepared by: Wendy Klopf Collier County Community and'finnan Services 3339 E.Tandami Trail Naples„FL 34112 •- THIS SPACE FOR RECORDING' En SATISFACTION OrNtORire4GE , .2 KNOW ALL MEN BY THESE PRESENTS:.That COLIAE1LCOUNTY,whose post office address is 3299 E TAMIAIVII TRAIL, NAPLES, FLORIDA.34112, the owner(s) and holder(s) of a certain rt, Mortgage executed by Jod Paul St Pierre & Chery Lynn St Pierr to COLLIER COUNTY, dated - c 11/30/1995 and recorded on 12/08/1995in.Official Records Book Page 1040 of the Public Records of Collier County, Florida, securing a principal sum of $5.000.00.and certahr promises and obligations set forth in said lvfortgkqp,.upon the property described in the aforementioned mortgage g: COLLIER COUNTY hereby acknowledges full payment and sati4jacOort of said Mortgage, and surrenders the same as cancelled,and hereby directs the Clerk ofSaid Circuit Court to cancel the same of recard. 2 n_ This Satisfaction of Mortgage was approved by the Board Of County Commissioners on - ,2016,Agenda hem Number I •• ATTEST: BOARD OF COUNTY COMMISSIONERS oa DWIGHT E.BROCK,CLERK OF COLLIER 000141Y,FLORIDA o By: BY: ,DEPUTY CLERK Donna Fiala,Chairman 0 o Approval for form and legality: (2P .\\••• '‘' Jennifer A.Belpedio • .•F,2 Assistant County Attorney = U) r gr)) cc . 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I. llOCI, CUU RECORDED BY; FLEETWOOD TITLE CORPORATIOll !104 LEE BlVD •• 1106, LEHIGH ACRES, FL 33936 FTCI 31372 SllCOHD MOa'l'GAG& letl: rWftOClll mu cou , 0 IOI 1115 JMJ9 ICCOlll llOIUGl\llC (•~lty l"'tNMftt•) Is 11-. on QtcWt J, 1'9tilICIT~Mf""' I.: .., F..-el ~te end llel'le ~l'l#N "-• Michel .....," ** TWO SINGLE PERSONS AS JOINT TENANTS WITH FULL RIGHTS OF SURVIVORSHIP •• aw Gill llC .. DOC·.35 11r-.1tz UH.It 25H.ff 11.H I. 75 5.ff C"lwr..,..>. 1111• leCIUl'lty .,,.,,,_.,, •• 1twn to_ CplUtc C!ayqtr • c•undtr•), llltldl la orpnlad Mii alatl,. lnltr the ,_ of the l*llttd ttetft of .,,,,,_,.,..,,,..,, .. ,..,....,'"'.,..~~ ... ~,..,.....,..._.=.'"'•~1-,.,ll,.-MQP 1Kdi lpC!Mbe prtp Melf'ao Pieri• P'tl . lorrw -...... tM .. of ,,. , ... ,. .. •-.,., • wii\PP cu.a. ·~,.n .... cllbt t• .,,,....., .., ..,....,. .... , ....... "" -.._ • '9111 19curlty ,,.,,_, c"lecOftd _,..,..,, ""'cill Pf'O"I .. for -tllly ~ti, 111t• .._ full .w.t, If ,.. .... -"""· .. Ind..,..,.. on • • '"'' lfGWlty INt~ ..,,.. to l"'*"• C•> tile ~t of '"Mt evtdlNlod by t"'iii'iiOii; 111th lnt-t, .ill! tit ......._,,, ext_I_ 8nd llOdlf1Mtt-; Cb> die ..,_.of 11t otW """• 11ltfl lnt.,...t ~ lnlor porll9f'81111 1 to protect ll1• Hcurlty of t11o lwurltr ,,.,,_..: n co> Ille pet"f~ of tor~r'• co-t• end .. .._" Wiiier tfll• S.Curhr lrwt-t Ind Ille llot1. for tlll• ,..,..., ..,,_ ... heroby llC«ld _, .... , 9r11nt end corwey to Llfldlr tfle fol lwl,. dlllcrle.d pr .. rty •-•• tn ca111... c:.unty, rtortde. 4;;... "'*' Hle of .,.,..rtr, r1fl'*"'• or ln• cot hCIMatHd •••••tlan. A• -. Pl"tlculsrlr cltlcrlbed on hhlblt •A,• Ind •tc11 ti.a tlle .wr-of ,~.,.. .......... ,, Lpt 24 1 ... PO M!ctMtlM t9'1 .. tJ '"'*''" ••• ,. put OR: 2128 PG: 2287 ,. 0 11111 tfle procftdt to rtpelr or restore the l'roptriy or to ~Y •~ •teured tlY tlll• SteUl'ltY l,.t,._t, •th4r' or not then ct.19. lhe JO·•y pedod •Ill befin _., tlM notlu I• •11911. UnleH L...i.r end IOr..-r ot.,.Nlln..,... In wltl,., tl'I'/ 1Wllcatlon of procMdl to prlnclpol ahll not utWlll or P"tJIGN the ..,. •t• of t.,. _,thly ~ti rtftrrtd to in 1»r .. repl1 I or dltnot lht -..n of t~ .. l"~tt. If,_.,,., .. ,_,.. Zt ttoe ll'raperty I• -trod by L .... r, lorr-r•1 rluht to..,,, Insur.,.,• policies .,d proc:Mdl resultll'll fNlll .S-.. to ti.. ••opef'ty prior to the ooq11hlth:in e/lall P*H to l.,.r to th• HtMt of thr ..-Hcurild by ttola tecurlty 1 .. t.....,t t-.dl•t•ly prltr to the ~lahton. 6. ~y, PreHrverlon, Mlllnt....,,.• Wld Protection of ,..., Prciptrty; lorrowr•t LOMI .lflpllootl..,,, L-.i.o1•. lorr-r ehell occupy, nt.i.llall, -ia• tM Pr-rty aa lorr-•1 prlnclpol reeldlnce "lthln ahny ~ after the eucutlon of thla Sac:urlty lnetr_,t and lhall contl..,. to occupy the Propa.-ty" 1or.--r•1 prll'IClptl '"'dine• for at 1 .. at ..... ., .. , aft•r tlw dat• of occ....,y, IMll•• L-r othervlH ..,..., In vritirw. "''di_, ehall not bf! ...,. .. ,onably "ltllMld, or unl•H ••t.,_tl,.. cl_,.,., .. ulH ""'ell •••..,.... aorrowr•t control. totr-r shall not destroy, _,...or i111Jalr ttif l'roptrty, allov the ll'rapM'ty to •urlor•t•, or c-lt -t• on th• p,_rty, lort-r •hall be In .,..,It If ....,, forftltUl't eetlon o,. proc.edl,., -ther civil or crl•h•I, I& ......, that In L-r•c 9oad faith ,........,, could rnult In forf•ltur• of tht l'ropttty or other.,IM •torlally l•lr the 11 ... crffted l>y thl1 IHW'lty 1netr..,..,t or L..,..,, 1ecvrlty lnta,...t. lorr-•r cure ....., • •teult end reh•t•t•, .. pr""ldiod In p11r .. rop11 111, by c-lne the 11Ctlon or prooteeillna to be dl .. ltaed "'"' • 1"1111,.. tllet, In L.,..r'• toocl faith dat•relnatlon, preclude& forfeiture of the lorr-r•• lnt-t In the Property or otflor •tt•l•I 1.,..1.._.t of ,.,. I ltn c,. .. ttd by thl• i.cvrlty 1,.t,._,t or Lender'• MCUt'hy lnte,...t. IOI"-lhell 1110 bt In dtfeult if IOrrowr, wl .. the loen Wllcatlon proefft, ...... •t•rl•ll)' falM or llWCCUl'•t• lnf-tlon or 1tat...,t1 to L""*r (or failed to provl• L..,.r 11lth eriy •ttrl•I lnf-Uon> In -tlon "Ith tht '°"" tvl~td "1 the llott, l~l\ICll.,., but not ll•lted to, r•"•ntatl-c-em1,. ...,.,_., °""'*'°'of tht l'roptrty ., • pdnclpel retldtncit. If this sec ... lty lnstr_..t h on a lM .. Mld, lorr-r llh1ll c...,ly with all tlM prov la Ion of the lea••· If lorr-r .c..,lrea f" title to th• Prcperty, t ... 1--ld -- f• tltl• allall not., .. uni"' l ... r "'"' to th•_....,, In •rid,.. 7. '•otectlon of Ltndt•'I ~lflhtt In tht ,,ope,.ty. If •orr-r fall• to s-rfo,. the covwwnts and ..,.......tt ~t•lntd In this Stellf"lty lnstNNnt, or thtrt Is • '""' proc;tedl,.. that •Y •l.,lflc.,Uy •ffcct L9l'ldlr'• rltht• In the Prcperty (wch H • proc:eedl,.. In bllnl;rupl~y. prllbttt, for c~Uon or forf11tun or to .,.fore• 1-or r..,l1tl-), thm L.,,.r •Y do 1nd poy for """•"r la necesswy to protect the.,.,,. of the Property and L..,.r•1 rights In th• Prcptny. Under'• actions •v Include payl"' any, ... •-td by• lltn llhlch hie priority -thla MCUrtty lrat.-t, 1A1Nrlrw In court, peylng ...-oneblo 1norlW)'ll 1 ,_ •enter!,. on the l',_rty to-"• .-.pelrs, Alt"°""' L..,.r •Y llk• action..,., thla pn .. rll!lh 7, L..,.r ._not havt t• dD ao. llrty -" dllbur...S by L-r under tht1 par .. raph T 1hall --addltl-1 debt of IOrrwtr _.., by thl1 Steurlty ll'llt~t. l#tlttt llOrr-r Ind Lender lff'ff to other tel'9 of ~t. t""9• -t• ahell bHr lnttreet fr• the •t• of dl9bur•-t et the Not• rate and ah•ll ti. peye"le, with intertlt, "'°" not1ct f,. L....,. to ..,,..,. ....... , .... Pl)911'1t. I, llort1 ... lntvr-.. If L..,.r r11q11lr..t •rt1age lnelll"~e ff • condltlOl'I of ...,,,. ""' IOMI MCUrM _. thla hcvrlty lnetr-.t, lor.--r shall pey the iw-1 to •lnttln tht MOrt1• ,.....,._. In effect. JI, for..., r_.,, th• _.t .... ll'WUI'-• covor .-.. or ce .... to lit In tfft0t, ..,..._ thall pay th• Jll'_I ... required to obt•ln ~•r to th• _.t .... 1.-.ur-,....,1-ly In tff .. t, tt • Cott t*tentltlly •lvtltnt t t .... ,..,.._. prevl-ly In •ffflt, ,,... lr1 1Uemete . ..-t .... in1wer -lent _.t .... h•ur-• c..-.,. ... la Mt 11'191111111•, lorr-nit pay to L If of tht ~rly _, .... 11'11111'-• pNml,. 11e1,. peld by ..,,,_,. ...,., ,.,. nsur In effect, a..-er will M"P', llM end rec.In thett po,....tt ., • lots rttt ve "' o • r-,.._.t, ~ no IOl'llt• tit ,...ilrtd, ot tht option of ltr•r, t .... Ira ...i for"" l*'lod that L~ rtqilf,...) pt"OVldld by tn lneuter eppro talnacl. ..,,...,. •H poy the ,,_,_ ....,1rac1 to •lntaln _., lrw , W>tll the ...,,,_ fw _,..,. llWlll'-• tndt In accol'Clence Ith L.,..r or 111Pllctblt lew. 9, l""*tlon. L ..... r or It ti-of the .,...rty. Londlr ahall etw lorr-• not le• •t t r-..bt• •-,.,. the 1....-uon. r ....,, 10, ~tlon. TM proc ~ d r~ or -~tlal, In c_tl., "Ith fll"f cordlmNtlon.,. other t•kl"ll o ~. • In lieu of condsmNtlon, - h.,..._ ntl"*' end shtll lie peld to Ltr ~(.". • ''"""'"''' "'' proc ... ..,_II bit epi>lled to the .... Hcured by thh Securl , "Ith ..., taeftl paid to aor..-. 111 tM ....,, of a partlal tMI,. of tM ' of the P"119rty 1-.dlately bef- tlll c.111,. la ... I to or 1•ffttr than th• Security.,.,,_, l.tctl1t1ly bet- ,.,. telll .. , ... , ....... ,_, end Ltndtr othtNIH _ ... by th!• lecurity lnat.--t shall be~_. ti.. -t of the p·oc..dl .,Ill 1,.. frtetf..,,, C•> tM total -t of the -aecurod 1-.ll•t•ll' before th• taklna, dlvl-by Cb) th• f•fr •rk•t vii"' of th• r,_rty 1-.llat•lY i.r .... tlll teltl,.. llrty bel-• "'811 be paid to lorr-r. In tlW .. ..,t of • pertl•I tau,. of the Prtporty tn llhldl the f•lr ..ntet vel,. of the 'roperty llMdleitly befor• tht tllkl,. Is Int then the _.t of the -•-" 1-.llotaly for the tllkl,.., uni .. • lorr-r and L.,,.r otherwtae e9ree In"''""' or 161ltaa 111Plloeblt '"' ot....,,IM pro'tt .. , the procttd9 allall bt lf,'f>lltd to tht 1--. ·~ bt this locurlty ,,.,,.._,, ..,.th., • not the ,,_ are tlwn .... Uni•• L...ror.., lorr-• other11tu .. r .. In wltl,., .,,, IA'lketion of procttdl to prlnclptl .... ll not txtend or poetpont tht M cltt• of the -thly pt~tt rtftrr.cl to In par'lr•• 1 or ch.,,.. the-" of sucfl ..,..,, .. n. lorr-r llOt 11etffttd, rorbHrence ly Lender Not • llehtr. fltt-lon of the ti• for per-nt or mdlflcetlon of -tlatlon of the 1.-1ocuracl by thh Security lratr-t grenltd by Ltndtf' to f//tff ,_,.....,. In lnt-t of ~r tll911 not operttt to rtlff" tht \leblllty of the or111n111 lorr-r ..-1or..-r•1 tuec:ttlOf'I In ll'lt-t. Lencltr shell not bt required to c~t procffdl.,.. .. alntt any tui:c"'°' In lnt•rnt w r•fuH to ••tand ti• for per-ent or othar.,iH llll>dlfy ..,rtl11tlon of th• -n<·urtd by this security 1,..,_,, by rHHn of "'Y...,. _. by the arltlnal lorr-r or lorr-r•a •..:c•1or1 in lnt•rest. "11 fortletrtnee by Ltndlr In ..-111111 ,,.,, rllht or r-.dy ..,.ll not bf • IHll'lltr of or prtcludt tht t11rclu ot ..., rlll!t w r_.. 1Z. ""°'"'°'' and Mtltnt llOYld; •olnt and Stwrtl LllbllltY; to·s1.,...,. the ccrvww>ta end...--•• of tlllt MCVrlty 1111tr_,t e/lall bind and beMflt the -c"sort and eHllnl of Ltndtl' tni:I '°'-· -*Ject to the 'rovl•I-of par11r• 1r. lorr-r•a cov ........ u and ...--t• altall be joint Ind Hvtrl\, llrty IOrrwtr ""°co· ,,.,. thlt Stcurlty l,.t,_t but «Iott not exocutt tht llOlt; t•> II co·tlll'll"I thll Stcurlty lrwt,_. only to _., .... , ,,.,, ...., convey that Borr-•'• lnter"t In th• l'rClfl8'tY undirr the t•,.. of thla sec..rtty lrat.--t; tb> 11 Mt pe•-lly oblll'ted to,,., th• ,__. ~•ed by thl• Secvrfty lnst-t; and CC) .., ... thet L.,..r end m>Y nt,._r .,,,,..._, MY ..ar...,. th •wtfrih't wwtifv. fnr...,.111r nr ,..,. .. "' ,,....,., ,.,.,.,..,.,....,.,1,..,."' vitfil r ... •,..rf ..,, ,,._ ,.,... ef thl• OR: 2128 PG: 2288 fCllll 0 "· oowmlrw l•I S.V•ret>lllty. Thh s.curuy ,,.,,.._., ""•" bit p.,.nod by f..i.r•I ,.., ..i tu l• of the Jurltdlcllon In W!lcll tllt Proptrt,. It locettd. In tht '""'t t ... t ..., pr9Vltlon or cl-of tlll• S.Curlty lrwt,._,t or tho lfott conflicts .. 1th lflPI lc8bl• lw," such confl let shell not •ffect otllff provl•I-of thl1 S.CU-lty ,,.,r_.,t or th• lfot• ""lch C8fl b9 91...., •ffl!Ct 111thout ,.,. confllctl .. provlalon. lo ttila ond tho provisions of this StCUrlty lnstr--.t n the Note ire dtclll'td to be HWl"lblt. U. lorr-r•c Copy. lorr-r &h•ll be gtvon ont confOfWed capy of th1 llOtt rd of this St<Vrlty lntt.._t. t7, Tr-fer of ti.. ~,..rty or • feneflcl•I 1nt~rttt ;n eorr-r. If •ll or .,,,., ...,.t of tho l'rGperty or f//rf'f lnttrttt In It It told or H-ftrred (or If • bttwflcl•I lnter"t In IOrr-• la told or tr-forl'tld end torr-Is not • rwt1,1rel perMn) "lthout Lllf1dor•a prior 11rltten c_.,,t, Limdor •Yt ot ltt option, ttqr.ilrt lmedl1t1 p11~t In fwll of ell • .,. eecured by thlt s.curtty ,,.,,_..,. -·· this option llhell not be tlltrelted tir Ltndtr If -.ittN:ht II prohibited by ftdtr•I 1.,. es of tht dttt of tlllt security l,.t..-t. If L_.r ••trc:IHCI thla "l'tlon, L..,.r ahll 9lw lorr-• notlc• of ec .. toretlon. the notice lhlll provldt I "'''od of not '"' tt•eon ~ ~ fro-tht cllitt th• notice h ct.llV9rtd or •lltd 11lthln ..,lc:h lorr-r -t pey •ll 11m MWl"td tir tlllt ~lty lnstr.-it. If ..,.,_, f•ll• to pey thtse -prior to tht explretlon of tlll• period, L""*r •Y lmolr.e ...,. r.-.llH pe,.ltted by this Socurlty lrwt.....,t 11llhout further notice or~ on lorr-r. II. lorr-•• tight to ••'"'"''· If •or-• "'"tt etrteln ~ttl_, lorr-•hill """" the ri"'' to hive lftforetment of thlt tewrlty lf'llt,._I dlteontlrt.ltd at fl'( u .. prlOI' to th• -ll•r of 1 <•> ' claya Cor sUdl •tller ptrlod H IA)I lcebl• le11 •r specify for relnst•t-11: befort Hl• of tht Proptrty pwrtl*lt to ertt .,_, of ute contelntd In this s-lty ,,.,,,,_.,t; or (II) oniry of • Jwdgmnt enforcl"' this 'ec1Wlty INt..-t. ThoM condltl-ero tltet 1or..-r1 <•> peyt londer •ti ,..,. ""lch then _,Id be due IM1der this locurlty l,.t,....,t n the llott M If no _.ltratlon hlld occurrtd; Cb> cures .. 111 •feult of .,,,. othtr covtnents or ""-"' <c> fll'Yt ell ...... Incurred In enfon:ll'4 thl1 llocurity lnst,.._,t, lnclwdl,., IMt not li•lt"" to, ,_°"'*'• tU....,.1'1 f-1 ..,., (d) tetu twclt ectfon •• Lond9r •Y r"'Oftlbly r11qUlrt to ta•ur• thot th• 1 IWI of thl• locurlty IMt.._t, Lender'• rlehtt In the '•OPtrt)' end lorr-•s obll11tlW1 to pey tht S\1111 eecurtd 11¥ thle Stcurlty l,.t..-.t .i.111 Conti,_ ...ch.,.ld. Upon rel,.t•t-t by lor•-r, thla Security lrwtr~ 8"d tlll obll11tl- _....... hft'oby shell r-ln fully •ffectlw .. If no 8Cceleretlan had occurred. K_.,.,, tllb rllfit to roi,.tttt ehell not epply In tho ceee of eeceltretfon ..-r per..,.tPh 17, 19. Ill• of llOtt; ~of L_, lorvlcer. The 111>1• 01 o ptlf"tlel lottr"t In tht lfott Ct ... tMr "''" 11111 ._.lty lnet._tJ M)' be sold -or••• ti•• "lthout prior notice to aorr-r, A ••It -r "-" In• ....... In tfit entity (u-i N tho •L-. Servicer•) thtt collect• -.thly per-nt• due..-. tho lfoto n ti.It locurity l.,.t,,_,., lhere •IM MY be -or .,. ch..,..• of the ,_., servicer ...,..l•ted tD • Mio of tlto lfoto. If tMro It• ell .... of th• LOM llrvlcer, 1or.._r wll\ be 91...., written ootlGt of the c11...,.. In-··--11litt ,,....,..,.. " .., ...,tteebl• 1.... Jiit notice will slttt tht ,_ s1d addrtH vf tht nt11 ~°"' s.rvlctr 9"d tho...,... to ""tell ...,..W• tllould be mde. The notlct will 1lso nnt1ln eny other inf-tlon ....,Ired Ii>' lf!Pll°*t 1111. zo. llea•rdout ~t-••· lorr-r ah•tl not c It tllt prt...s•, 111e, dltpo11l, nor ... , or rtl-of ..,. M1Hrdolll ..._tMCH .., or In rht I' • ilO'I •ll not do, nor •llw .,..,_ 1bo to *'• ...,tlll,. effectl"I tht ,roptrty th•t It In vlo tow u11. lht prKtdl"I '*' eent-. "'911 l'IOt ...,.,. to th• presence, ... , or "°'• " of ller•rdaul ..._,_" tllet aro ...,..11,. ree..,lttd to lit ...,...11to to llit1' --.ct of the PrGPfrty • ..,.....,. "'811 Pi'09'1tly 9lve LtnlMr 11rlt ,'tT•I claiam"cl, •-ult or othor 111:tlon by ...,, ..,..,,_,tel or regulHory "IMCY prl ty tn'I lle&erdoUe l!Mt-• or rrwt~•l L111 of ljjilcfl ..,.,_,. ht ect , It notlfftd "' .,.,., ~,_.., or H1Ul1tory wtllorlty, tlllt ..,. r_,. or thtr r a -• 1ff11etl"1 tlle l'roperty h iwclUW)', lorr-r llhall promptly t t • t 111th frwl..-el Lft. All WMd In tllle Pl'•"" 20, •Mn• • t0111I• or ll11erdoUe .... ,_ br trwl..-ttl LW and tht follwl l• or t•lc 111trtl-~--. to11fo ptttlol .. li'd ......,lcl .. , wl tile r-l*"Y*, rd rldl-tlv. •ttrl•b. All .-od In t I ral l-.., 1-of tho Jwhdlctlon ,..,. the l'roperty It t tel prottctlon. 21. Aoctler1tlon; ll-.fles. o 11ec•lll'etlan followlna 11orr-•1 brteeh of ..,. c-t or• t prior to Ketltretlon ~ fll'r"'"" 17 wilns epplfc8bl• 1111 prlW 1 0) the •feu1t1 (b) tlle 8Ctlon ,...,,,._, to curt thll •f&11t; <c> t dttt, notlct I• ,,...., to ..,.,_, br 11111111 the dtfeuU -t lit cur4d; .,_, Cd) t tfft before tlll dtt• tp1elfltd In the noctot -r ....ult In 8Ccoler•tfon of tho 11-..'tii t, forocl-. br Jwdlclel pNOMdl,.. end ••I• of tht Pr-rty. Thll notl -•of rhe rltflt to relNtltt 1fter 11Ctlerttlon n tlMt rltlht to '""' In tht f-1 non•txltt..-of 1 dtfeult or ..,, other dtf-of tot',_,. to e«tleretlon _. forecloeuni. If r eult Is not cured on or btfwt tllt dltt lplelfltd In tM Mtlce, l ..... r, ot It• option, M)I ,..,,,. 1-.dlltt pt'rllfl'T In full of •ll •i.e .-UNd "Y tllla locwlty ,,.,,,_, without fl.lf'thfr .._... 11-.d .. ., fottchlH thl1 Stcurfty INt.-t .. J\ldlcl•I proottillll"I. ltlldtr .... II bt entitled t• colltct •II e...,.H Incurred In purau1,. the r.-cllft iw-ldecl In thfa ,,.,..,..,.. I', ln;ludl,.., rr..t IWt ll•ftod to, ,_..,.... ettorney'• fMt 9"d coete of th• title <rvldonc•. zz. hi-•. Upoo'I ..,.,,..., of all •~ •tcwrtd i.,. this locurlty lftlt,_t, ~ender tll•ll rel-thl• teourlty INt..-t, without chef'lt, to lorr-r, lorr-r "1•11 pey .,.,, ra~tlon coett. ZJ. Attonwy•• F-. Al Wied In thla Security Instr-It ....i the lot•, ••ttor,.p' f-• ah•ll Inch• .,.,, ltt°"""'' f-.-tdld b,-1n IJIPlll•t• court. 16. lfdlr• to thl• leeurlty INtr_,t. If orw or 1111•• rld8f'I ,,... oaocuted by lorr-end rs...,. t ... ttltf' with thlt NeUrlt)' lnttr-t, tht coov....nu end .,r_tt of t11cll such rlci.t-.,..It ._ lncw-por•t<!d ,,., • ..i wll _.. end •UFPl_,t th• co .. '*'" eond .. .._" of t1111 security lnotr....,t u If the rldorC•> ,..... • Ptrt of thh MOurlty lrwtr....,t, (Chtck llflpllc8blo loAl D AdJ111tlblt .. to ll ldtr 0 lleta 1..,..ov_,t 111•r D .,..._," .,.......,, tlct.r D 1•4 F•llv 1tldtr D 0 n ~lnl .. Rlder 0 11-kly ,._" tlder IJ n S..:ond M ... Rlmr .. ~~t 12.'!f~ Print 11w1 MA.CA. MINA ··~··------~ ·----"'"' .... __________ _ ll1MtUN1 ___________ _ Print ... 1 __________ _ ITAll OI FLORIDA aurrT or COi.LIER .. ,,.,,_, llld eollnDll\fdltd before Pt.\)~d ck~~~~ ~ e..INl911 l•lrn: J-. ao .. 1? CllM.> OR: 2128 PG: 2289 ··-tul'••'t1!'a a ~f;J., ,,..~u ..,,,_, ...,.. ~ ·~'"* 1 Mdl'fl•• ,, .. ,.,.. .. ,~ ____________ c ... u ion- Adilt'"'' slpture1 _____________ c ... l> torrowr In the 1tat• •t.nteld end In tile ln ....... _ ... tM *** OR: 2128 PG: 2290 *** &XBIBIT A LOT 24, TIMBBR RIDGB, UNIT ONB, ACCORDING TO TBB PLAT TBBRBOP, RBCORDBD IN PLAT BOOK 24, PAGBS 1 AND 2, OF TBB PUBLIC RBCORDS OF COLLIER COUNTY, FLORIDA. fORM 0 SECOND 1983284 OR: 2107 PG: 1719 UCODID 11 otrICW. Dallll tl CllWll Cllllft, llo 11/10/H at ll:IUI llICIT I. llOCI, CUii UH.ti UM.ff U.H ti.JS l.Zt MORTGtHf: tDIJlllDll! THU or WI.II HCI DP .... am ac m DOC·.U Ift-.ffZ T"ll •COllO llOllTGAG! ("l..:urfty 1n1tr.-nt"l fl vfven on ......;0;.;;;;;;1;;;;11l;;;; ... ;:;;;....;:6'------• 199.2._. Tll• SllC-11ort1t1110r la: C "Property Addre11•>: ~CUyl TJ.11~1 TOGETHER WITH al I th• fq>rovement ,1.Wfti,~ on the property, and al I eas-.ta, righta, IFPU'"tenanc:H, r.ntl, royal ti .. , 11lrwral, ·~ water righta and atock and all fflltur•• now or '*'-fter •part of tllt property. Al V}'.@ nta •nd lldclltl .illl •110 be covtrld by the Security IMt~t. All of the forttolng la rtftrrld to I t1lJ,I ecurfty fnatru.nt aa r rtV". IORllQl!R <XNllWITS that lorr r 11 wfull HIHd of the •tH• ar convayld and hH the right to .,,t, ... , 1rant and convey th• Property and that th ropert r.d, llcep for ..,.,...,rancH of r11Corcl. lorr-r ..,,.,." ll'ld 11111 defend 11n9rally t • ti • t aper all ell dtandl, 1\bject to ll'IY llllCUlbrmnca of record. THll SECURITY INSTRUlllNT c non-... ffOMI C-t• with ll•lted verfatlon by Jurisdiction to cone ltu HI property. 11111 fORll COYlllAlllS. Borr , • Pl)'lllll'lt of Prlnclpel r0111r ahall prOlllPtlY p.y Nlltn u the prlnclpel of and fnt .. aat on the 2. T-. Th• Mortpgor r water rates prior to the accrual of ll'IY paNltla or 1nteraat thereon. The llort9.gor ahall pay o , valy bee.-..._, (A)(I) all tu .. and IOWl,_,tal charga of -.y kind "1ata l\x.J aaaaed or levied against or 11fth rHptet to the Property, <2> all utll ity and oth r a•, lneurrld or lnpond for the operation, Mlntenanc:e, use, occupancy, upkeep and (>,. (3) all HHHMntl or other toW,_tal cher'" that •Y l811fully be peld In lnat• ra, the Mortgagor 111•11 be obll .. ted under the llOl't .... to pey or -to be peld only auch I Ired to be paid durlna the tent of the llortgaga, end tllall, praq>tly after the paY119nt of any of the , forward to Nortgag .. evidence of aucll ~t. S. Aff>llcatlon of Paymenta. Unlen applicable law provide• otherwlae, all payment• received by L.,.r shall be wifed; flrat, to lntarHt d.la; and, to principal due; and last, to any lat• charvea 0... ..,., the Mota. 4, Charga; LI-. Borrower •hall pay all taxH, naHIMflll, chargH, flrwa and ll!lpOaltl-attributable to the Property Wilch MY att•ln priority over thh s..:urlty lnatr.-nt, tnd lee1ahald pa,,..nt• or sircuw:t rente, If ll'IY· lorr-r 1h1ll prQlllPtlY furnish to Lender all notlcH of _,,ti to be paid under thla paregrllph, end •ll receipt• tvlclenclng th• pa~ta. lorr-r lll•ll praqitly dlachar91 any lien which h11 priority over thla security lnat~t ..,I•• Borr-: (1) ..,_. In wlting to the payMll'lt of the cbll .. tlon secured by the lien In • mnnar .ccaptablt ta Lender; (b) cont•ta In IOOd f•lth t111 lien by, or def.nda ... lnat anforc8*lt of the lien In, l•l proce.dlnga llhlch In the Ltnder'• ciplnlon opar1tt to prawnt the anforc-t of the 11.n; or (c) Hcuraa frOlll the holder of the 11.n .,, q..-t Atlef8Ctory to Lender 11Aiordln.t1111 th• 11.n to thla Security lnst...-nt. If Lender datn•lne1 thtt ll'IY part of th• Property 11 MbJect to • lien llllcll _,, att•ln priority over the security lnatnmnt, Lender •Y silve lorr-r • notice ldtntlfvl111 the lien. lorr-r 1h11l 11tl1fy the lien or tekt one or 110rt of the actl11111 Ht forth above 11lthin '0 da}'I of the 1lvlng of notice. S. Huard or Property lnaurMCa. Borrower ahal l hap the 1.,.,rov-ta "°" exlattna or htrNftar erected on the Property lneurad ... lnat ton by fire, hazards Included within the t•m 11ext.ndld cover-" and any other ha&ardl, lnc:ludl111 floodt or flooding, far Wiich Lander raqulraa lnaurance. Thie lneurMCa ahall be •lntalnad In tha _,ta 8nd for the periods that Lander requlraa. The Insur.nee cerrlar providing the lnaurMCa ahell be chaun by lor,_ MJtct to Lender'• llAl"G"Ml "11ch 8hall not Ila ....-...anably 111thhald. If Borrower fell• to •lntaln cover ... -.:rlbtd llbove, Llndar My, It Lander'• option, obtain coverage to protect Lender'• rights In tha Property In ac:c:«dllict 11lth 119regreph 7. At all ti-that the Note la outat8ndlng, th• llortgegor 1h•ll •lnt•ln lrwur-• 11lth ""P'Ct to tht .....i-111lrwt IUCh rlakl end for IUCh -..ta 11 .,. cust-rlly Insured a1alrwt end 119Y, H the -~ ._ end fllll'lbl•, all pr•!um In r•pect thereto, Including, but not ll•ltld to , 1ll·rlak lnaur-. prot11Ctl111 the lntereeta of the llortltflOI' and llort11111ft ... lnat loaa or ~ to the Pr•la11 by fire, lightning, Md other c .... lttH cwt-rlly l....,.ad -lnat (lncludt,,. boiler ••ploafon, ff appropriate), with • ..,lfont at....i.rcl llltendad c-... ••-.t, lnctu:tl,. debris r-1 coverava. Such lnauranca et all ti•• to be fn .,, -..t not l•• thM tha full r•l•_,t coet f'f the Pr•I••, excl,.lve of footings and foundlotlona. All lllMll'.nce pollcl• end ........ 1. 8h•ll be acceptable to Lander and •h•ll Include • at8nd8rcl .,,t .... cl-.. Ltndtr 1h11l hive the right to hold the polfclaa 8nd r ....... 1.. If L.nder raqulr11, lorr-r 111111 praiptly give to Lll'lder all receipt• of 119ld pr•lum Md r_,,al notices. In the event of loaa, lor.-r lllall give proapt notice to tht lnaurance carrier end Lender. Lender 111y •k• proof of 1011 If not lllde pr11111ptly by 8orr0111r. Uni•• Linder 81111 lorr0111r othar11IH agrtt In 11rlt1111, lnsurmnct procaedt tlltll be applied ta reetorttlon or •IP81r of the Property~. If th• restoration or repelr fa ..:ononiically fHalbl• and Lender'• ucurfty la not lnaenecl. If the r•toratlon or repelr la not econonilcallv feasible or Lender'• aecurlty -.lei be l........i, the ,...,._, procttdt llltll Ila Wiied to the ll.lllS aecurtcl by the S..:urlty lnatr\nnt, lilltther or not then u, 11lth ll'IY •-• paid to lorrowar. If lorrDlllr 8btnclons the Property, or doaa not answer within 30 dllya a notice fnm Lender thtt Ill• Insurance carrier h11 off.red to aettle • cl•I•, then Lender 111y coll..:t the lnaurMC:a proceedl. Ltnder ..,, _,_ OR: 2107 PG: 1720 fORll 0 use the proceods to repair or restore !he Property or to pay S\.111$ ncured by this Security lns!runent, whether or not then M, Tht lO•day period will begin when the notice is malled. Unless Lender 9lld lorrower otherwise agree In writing, any appl !cation of proceeds to principal shall not extend or postpone tht ca.. date of tht _,thly payiwnta raferred to In paragraph 1 or change the MIO\.<lt of tht payment1. If lnler paragraph 21 the Praperty i1 9Cqutrod by Lender, lorrower 1 1 right to any tnsu,.nce poltclt1 and proceeds resulting fran ~· to the Property prior to the acqut1ttlon •hall pHI to lender to the extent of the 111111 ttcured by thh Security lnstr......,t 1.-dlately prior to tht acqut1ltton. 6. occupancy, Prt1trv1tton, Matntenanu and Protection of the Property; Borrower'• Loan Appl I cation, LH1thotdl. lorrower 1hal I occupy, t1tebl i1h, and u .. the Property ea lorrower•a principal rHld<tnet within ahty daya after the execution of thta Security ln1trunent and shall continue to occl.lpll the Property H Borr-r•a principal rHldenct for It Ital! one year afttr the date of occupancy, unlHI Lender otherwlat a11ret1 in writing, which consent lhtll not bt unrta1onebly withheld, or unless extenuating clrcunstanct1 exiat which are beyond lorr-r 1 1 control. torrower shall not destroy, damage or 1..,.ir the Property, allow the Property to dttertorate, or c-ft w11tt on the Property. Borrower &hall be in default if any forfeiture action or proceeding, whether civil or crl11lnal, ta bt1un that In Lender'• good faith j~t could result In forfeiture of the Property or othtrwtae •ttrlally h1palr tha lien created by thta Security lnatrument or lender'• eecurlty tntareat, lorrowtr my cure auc:h • dtf1t11lt tnd rtlnatatt, H provided In paragraph 18, by causing the action or proceeding to bt di•laaed with a ruling that, In ltndt•'• good faith determination, precludes forfeiture of the 1orrowar 1 1 lnttrHt In tht Property or other Nttrhl 1,,,,.trmtnt of tht lien created by this Security lnstrunent or Ltnder 11 1ecurity lnttrtat. lorrower ahall also bt In default If Borrower, during tht loan application process, gave Ntarially false or Inaccurate Information or atat-nt1 to lender (or failed to provide lender with any 1111tertal tnfo!'lllltlon> In ccnwc:tlon with tht loan evidenced by the Nott, Including, but not limited to, repr .. tntatlon1 concerning &orrowtr'• occ&.1p9ncy of tht Property H a principal residence. If this Security lnstrunent h on a leuehold, Borrower ahall COft!PlY with all the provhton of tht leHe, If Borrower acquire• fn titla to tht Property, the ltHthotd and tht ftt title ahall not merge unle11 Lender agrees to the merger In writing. 7. Protection of lender's Rightl In the Property. If Borrower fails to perfort11 tht covenants and agr-ts contained In tht1 Security lnstrunent, or there II a legal proceeding that may significantly affect Ltndtr 1 1 rlghtl In the Property (such as a proceeding tn bankruptcy, probate, for condeaw>ltton or forfeiture or to enforce ltwa or regulation•>, then lender may do and pay for whatever Is nece11ary to protect tht v1lua of tha Property and Lender'• rlghtl tr, the Property. Lender's actions mey Include paying any 1\N aecured by 1 lien which haa priority ovar this Security lnatrunent, 1ppearlng 1n court, paying rHsonabl• attornaya• fees and entering on tht Property to IMkt repairs. Although lander mey take action l.nder this paragreph 7, Lender dot• not have to do so. Any -.ir'IU dlaburled by lender under this paragraph 7 shall becomo additlontl debt of Borrower secured by this Security lnstruntnt. UnltH lorrowtr and Lander a terms of pa'f"'COt, tht1• amounts shall btor Interest frOll tht datt of dl1bur1-nt at the Note rat net f,'fl ~1'8)! with Interest, upon notice frao Lender to lorrowtr requeltlng payment. yl.-V a. llortgagt Insurance. If le r lmmo~r;it~g;ag;et11~~~;J"l a condition of Nklng the loan secured by thll Security lnstr...,..nt, Borrower aha t premluns required ain the mortgage Insurance in effect. If, for any reaoon, tht mort91gt ln1 anc overage required by Lendt aps or ctHtl to bt In affect, lorr-r aha II pay the pr""t""" raqul rod to tat c tantlall equlva tht inortg191 Insurance previously In effect, at a coat 1..C.tantlally val t t r of th llDr ge Insurance prevtoua\y In effect, fr111 an alternate mortgage Insurer appr ved by l subst tlally Iv lent inortgagt Insurance c-rege 11 not avatlablt, lorrowtr shall pay to L h we\ h of the yearly 110rtgage Insurance pr•I,. being paid by lorrowr wh t to In effect. Lender will accept, un and retain thaat payinenU as lo loaa raaervt pa_.ta •Y no 1.,,,..r bt required, at the option of L t and for the period that Lender requlrta) provided by an Insurer la obtained. Borrower ahall pay the pr•h• required to 11aintaln mort re11rve, 1r1tll the requl..-it for inort1a1e Insurance ends 1n accorda t th any written agre r and lender or applicable law. 9. Inspection. lender or nt may make reason• _ and Inspections of tht Property. Lander shalt give Borrower notice at t.tt:1 of or prior to an i cifying rHsonable c-e for the Inspection. ~'~ · 10. Condeftrlatton. The proce G ward or claim f • direct or consequential, In ccnnection with eny condemnation or other uklng of a par r ajr r conveyance in lieu of condelnatlon, ere htrtby a11tgntd and ahall bt paid to Lender. taking of tht Property, the procttda shall bt applied to tht aune aecurtd by thla Security Inst or not then due, with any excess paid to lorrower. In the avant of a partial toking of the Property, in which tha fair market value of the Property i-.ltately btfora tht taking la ~I to or gr11ter than the amount of the ,..,.. aecured by thi• Security lnstrllMflt illllltdlettly before the taking, unla1a Borrower and lender otharwlH agree In writing, the a.-1ecured by this Security lnstr...nt shall bt r!ICM:ed by tht amount of the proceeds ._.lttplled by the following fraction: <•> the total -..it of tht s""" aacurtd 111111tdhtaly before the t1kln9, divided by (b) the fair ... rket vtlut of tht Property 1-.:tlately before tht taking, Any btlanct shell bt paid to Borrower. In tht event of a partial taking of tht Property In Witch the fair •rktt value of the Prootrty t-.tlately before the taking Is leaa than the .......,, of th• a.-aecured ltlllltdlattly for the taking, unlt11 Borrower end Lender otherwise agree In writing or unlts• 11A>llcablt law oth•rwh• provldtl, th proceed• ahall be appl ltd to tht 1""9 aecurtd by thl1 Security ln1tr..-nt whether or not the a\IM ara then ca... Unless lender end Borrower othtrwlat agree in writing, any application of proceeds to principal 1hall not extend or poatpona the due date of the ..,,..thly paymenu referred to In paragraph• 1 or change the amount of such payment a. 11, Borrower Mot Released, forbearance By lender Not a Waiver. Extension of the ti .. for payment or llOdlflcatton of .,..,rtlzatton of the suns secured by this Security lnstrunent granted by lender to any successor in lnttreat of lorr-r shall not operate to release the I tabi 11 ty of tht orl9lnal Borrower or Borrower•• auccHaors In lnttrt1t. lender shall not bt required to cOflllltnce proceedings against any successor In Interest or refuse to extend ti• for payment or otherwl11 modify amortization of the,.,.. secured by thta Security lnstr.-nt by reeson of erry dtmtnd lllldt by the original lorrower or Borrower's succeasore In tnttrttt. Any forbearance by Ltndfr In axarchlng any rl1ht or r.-dy shell not bt a waiver of or preclude tht axerctat of any right or r-.ty. 12. succesaora and A11lgns IOI.rd; Joint and Several Liability; to·Slllfltra. lht covenants and eer-H of thl1 lacurlty tnstl'Ulllllt ahall bind and benefit the succenor• and aaalgns of Lander and Borrower, a\.Oject to the 'rovlsl-of paragraph 17. Borrower'• covenants and agr-ta shall bt joint and several. Arrr lorr-r who co· sip this Security lnatr.-nt but dots not execute the Mott: (1) le co·sl;nlng this Security lnst,,_,.t only to 11111rteat•, grant and convey that lorrower•a lnttraot In tht Property lnltr the ttrm of thl1 Security lrwt,,..,,t; Cb) la not pera-lly obligated to pay tha sL.1111 1ecured by this Security lnatru.nt; W'oCI (c) agrtts that Ltndef' and any other lorrower •Y egrtt to extend, modify, forbear or make any accQlllllOdatlons with regard to the ,,,.,. of thla lecurtty lnltr.-nt or the Mott without thet Borrower'• consent. 1J, Loan ChargH. If the loan secured by this Security ln1tr1111tnt 11 l~)ect to a law which Hts •xi- loan chargao, end that law la finally Interpreted so that the interest or other loan cher11e1 col lecttd or to bt collected In connection with th• loen excttd the permitted limits, then: <•> any such loan charge ahtll bt rtcNced by tht -.ir'lt ntct1aary to rtcNct the charge to tha permitted I lmit; and (b) any aUM already collected fr1111 lorr-r which axcttded permitted limits will be refundod to Borrower. lender NY choost to -ke this refund by raOJclng tha principal owed lrlder the Note or by making a direct payment to Borrower. If I refund rlQlcn principal, tht reduction will bt treated aa a partial prepayment without ony prepa)'llltnt charge L.ndtr the Nott. 14. Notlcea. Any not I ct to Borrower provided for In this security lnatrll'ltllt shell bt given by dtl lvering It or by •fling It by flrat cltll MIL 1r1lt1s applicable law required uH of -thtr •thod. Tht notice shall bt directed to tht Property AddrtH or any other addreaa Borr-• de1lgnatt1 by notice to Lender. Arty notice to Lender shall bt given to lorr-r or Lender when given 11 provided In thta paragraph. OR: 2107 PG: 1721 'Oii" 0 15. Governing Law; Severebi l I ty. Thi• Stcurl ty lnstr...ent shall be governed by federal l•w •rd the law of the Jurhdlctlon In which the Property is locoted. In the event that •nY provision or clause of this Security lnstr..-.nt or the Nott confllctl with 1ppltcablt law, such conflict 1h1ll not affect other provl1lona of thl1 Security lnatrunent or the Note which can be given effect without the conflicting provi1lon. To thl1 and tht provt•I-of thl• ltcurlty lnatrunent ard the Note are declared to be 1tverabl1. 16. lorrowar•1 Copy. Borrower ahall be given .,.,. conformed copy of tha Note •rd of thla Security lnstr111tnt. 17. Tran1fer of the Property or a Beneficial lntere1t In Borrower. If all or any part of tht Property or IMf'f lntereat In It h 1old or transferred (or If 1 beneficial Interest In Borrower la 1old or tr-ferrecl and lorr-r la not a natunl person) without Lerder•1 prior written consent, Lerder NY, at its option. require l..tlata pa}'lllnt In full of all , ..... 11cured by thh Security lnstrunent. However, thi1 option shall not be txtrched by Ltndttr If uarcl1t 11 prohibited by federal law as of the date of thl1 Security lnatrunent. If Ltndttr txercl1ed thh option, Lerdtr 1h1ll gin Borrower notice of 1cctltratlon. The notice 1hall provide a period of not IHI than 30 day1 from the date the notice 11 del lvtred or malted within which lorrower .. t pay all a ... secured by thla Security lnatr1111tnt. If Borrower fatl1 to pay theH , ..... prior to the expiration of thh period, Lander MY Invoke any ramediea permitted by this security ln1trunent without further notice or doNnd on lorr-r. 18. 1orrower•1 Right to Ralnatata. If Borrower meat• certain conditions, lorr-r •hall have the right to have enforc_,,t of thl1 Security lnatrunent discontl....ed at any time prior to the earlier of : <•> 5 days (or auc:h other period ea applicable law may specify for reinstatement) before salt of th• Property pursuant to any power of Hit conttintd In thla Security ln1tr....,nt; or <bl entry of a judgment enforcing this Security lnst,.._t. Those condltl-art that lorroweri <•> pay• Lerdtr all 1uma which then would be due under thia Security lnatr-t tnd the Not1 11 If no acceleration had occurred; (b) cures trd default of any other covenants or a11r-t1; (c) peya all axpensea Incurred In enforcing this Security lnatrlllltflt, including, but not limited to, reHoneblt attorney'• fff1; and (d) tokes auch action as Lender may ree1onebly require to assure that tht lien of thi1 Security lnstru.nt, Ltndtr'• rights in the Property and Borrower'• obligation to pay the slAllS secured by this Security lnatrt.Mnt 1hal l continue U"1Changed. Upon reinstatement by Borrower, this Security lnatr.-nt ard the obll11atl- aecured hereby shall r-ln fully effective aa If no acceleration hed occurred. However, this right to reinstate ahall not apply In the caH of acceltretlon under pare9r•ph 17. 19. Sale of Nott; Change of Loan Servicer. The Note or a partial interest In the Note (together with this Security lnstr....,,t) •Y bt aold.,.,. or OM>re tl11111 without prior notice to Borrower. A 11la Illy reault In a change In the entity (kr-. 11 the "Loan Sen1ic1r"l that collectl monthly payments due under the Note Ind thla Security lnatrt.Mnt. There elso mey bt one or IM>rt chanve1 of ~Servicer unrelated to a Hie of the Note. If there h 1 change of the Loan Servicer, Borrower will w tlct of the chengt In eccordanc:t with par-vrllflh 14 and appl icablt lew. The not I ct wi 11 atat r 1"•19.-..,._ ht new Loan Servi ctr and the addr11a to which paYlllflt• ahould bt mtde. The notice will any o C::!'._Q1\?l' Ion required by applicable law. 20. Hazardoua Subatancea. Sor l not cause or pe I resence, use, disposal, storage, or rtleast of any Hazardous Substances on r · he Property. Borrower t do, nor allow anyOM else to do, anything effecting the Property that s in · f any EnvlrONDent Law The preceding two sentences shall not epply to the presence, use. or s orag o h Pr l quant ties of Hazardous Substanc:H that are 11-r•l ly recognized to bt approprl ta t norma r rd to Int net of the Property. lorrower ahal l pr°""tly give Lorde wrl t aim~delnllrd, lawsuit or other ection by any llOvtr,_,,tal or r111ulatory 111 y o pr v1 any Haz1rdoull Sublt1nc1 or Envlrorw.ntal Law of which Borrowo hH ac I , o la notified by any gove..,_,,tal or r11911latory authority, that any r v.11. her, tanc:e affecting the Property is nec111ary, lorrower •hell pr....,tly <•it)> t with Envlr_,,t•I Law. Al uetd In thla paragraph 20, "Haza as toxic or hazardous 11.b&t1nces by Envlr-tal Law and the follow -bla or toxic petrol-procM:t1, toxic pe1tlcide1 and harblcldta, vol 1 or foruldthyde, ard radioactive 1Mtaritl1. Al used In th federal laws and laws of the )url1dlctlon where the Property 11 loc vlronnental protection. 21. Acceleration; Remedies. l r rior to acceleration followlna Borrower'• breech of any covenant or agre Cbut not prior to acceleration under pera1reph 17 unlt11 appllcoblt ltw provide• o l •pacify: Ca) tht default; the action required to cure the default; Cc> a date, not lea the date tht notice 11 given to lorrower, by which the default 111Uet bt cured; and (d) that failure to cure the default on or before the data apeclfiecl in the notice •Y r"ult In acceltr.iion of the 111111 secured by thia security lnstr1111ent, foreclosure by judicial procttdlng and Hit of the Property. The notice shell further infor111 Borrower of th• right to rtinstett after accelentlon and the rleht to 1111rt in the foreclosure proceeding the non·exlstenct of a default or any other def-• of lorrowr to acceleration ard foreclosure. If the dtfaul t la not cured on or before the data apec:lfied In tht notice, Ltndttr, at It• option, NY require lomedlete payment in full of all ,,,_ ltcurecl by thh Security lnatr11111t1t without further demard end may foreclou this Security lnstr...,,t by Judlcl•l proceeding. Lander 1hall be entitled to collect ell t•pen1t1 incurred In pursuing tht r~IH provided In thl• paragraph 21, Including, but not ll•lttd to, rtHontbla attorney•• ftta end coau of the title evidence. 22. RtltaH. Upon paymtnt of •II,,,_ 1ecured by thla Security lnstr.-nt, lender ah•ll release this Security lnstrunent, without ch1rg1, to Borrower. Borrower shal I pey eny recorclat Ion coat•. 23. Attorneys• fees. Al used In thh Security lnstrlAl!tnt and the Note, "attorney•' fees• shell Include any attorney•' feta awarded by an appell•t• court. 24. Riders to thla Security lnstrunent. If.,.,. or OM>re riders ere executed by Borrower and recorded toeether with thia Security lnsrrunent, the covenants ard •11reements of Hch such rider ahall be incorporeted into end shall .-1d and supplement the covenants and agreements of this Security lnstrlAl!tnt H if the rider<•> were a part of thh Security lnstrunent. <Check Applicable Box) 0 AdJuatebla !late Rider 0 Rate 1"'1rovement Rider 0 GracUlted Pa'f'llll\t Rider 0 1·4 Family Rider 0 l•lloon Rldtr 0 Biweekly P1yment Rider 0 CondOMlnhn Rider 0 Secord Home RI der 0 PlllMtd Unit Developnent Rider 0 Other<s> (specify SIGNING BELOW, Borrower accept1 and agrees to the terms and covenants contained in this Security lnstr.-nt and in any rider(•) executed by lorrower ard recorded with it. Signed, IHled end del ivtred In the presence of: FOllll 0 ........ ~ Print •-=-__,~,.--..... ...._....,..,~ ..... .u1...._ __ _ llptur11 ____________ _ Print •-=------------- ll1Mturai ____________ _ Print •-1------------- ITATI Of 'liil;t CllUllTY Of I hereby cert lfy that an c *** OR: 2107 PG: 1722 *** s1 9n11ture:,,_ _ _..p-"1?'--D_R_o_.B_~_R_~_~_5;s.at> Borr001er l\!dro L ~ Addreu: ---------------- Slgn•ture: _______________ (Seal) Borrower Addrns: Slgn11ture: _______________ cs .. t> Borrower Addre11: Slgn1ture:,,_ ______________ cs .. 1> Borrower Addre11: In the stat• afor ... ld rd in the for th• purpo .. therein expr .. sed. lllTNIH "f hrd and official Hll In the County and State afore11ld this SH. day of a&k , 19~. (SIAL) • • NUAIED • ·~ORO£D av: FLEEllfOOO nm cOAPORAn<111 1999484 OR: 2124 PG: 0754 ..,. LU II.VD •• fl~Mffl&H ACRES, FL 33936 ··-............ ,cw ...... ti COWll cmn. n nc1 31314 . ,.,..,_ 11tu cur -.. --· ~ 4 ~ t o a UH Ultl/IS at tl:SSM llHll I. lllCI, Giii I.Ill• 1£111 " 3U1t 1115 SECOUD MORTGAGE f•ll H(OllO llOUGAGE C"Stcu•hr lnnr~nt"l 1, 1 ivtn on llOYE•EA 27 JIWI CAaDENAS AllO MARGARITA CARDENAS, HIS lllFE ... aw acm ... u 111-.tt2 UM.• 2511.11 lUI l.H 5.M c•1•r.c....nr•.i.._ fll1J._ttcu•ltr lnur.-nt le ,,.,,. to COLLIER COUMTY DEPARDIEllT Of HOUSUIG UlllllUll lll'llOVEJ!!!T . ~t llt!l.Ld.L_f._otJL'Vj.J.td t"<I t•ist1n1_~tr tht lows of tht Un•ttd ~."-'" ot ,.,...,Ice, •NI ...,0 .. •dd•tll ,1 ff ~Ultul UIU t;, NAPLES, FL 3~2 r·socf•66':T'' ••t1 lt"ldt• r~• '""of D!Q TI!OllSA!I) FIVE MBO Iii oqdjii !!11111$ ·--·--·------------• IU t. s • • 1. ••ts d•bt h 1•t1dO•nctd C:.y lo,.ro"'•''S Mott d•tta t"• 11"'-d•t• aa '"'' Srcur1ty lnstr...r~nt C"StCO"d •!l~":t•tt"J, .,...,.,,,_ :i•:w•Cltt for.....,.., .. ,)' Pt,,.....,..tl, witl't th• '"'It dtt:H. if not Dl•cf ••rt1tr-, dv• Ind O.J..,'"btt 0"' _....,._ ________ _ ..... Sttvrll't' lftllr~"' lf'C.,.:f'fl to l•ndtr: (IJ '"' "•P•~nr of tt\f dC'bf fViOtl"<t<f b~ t"i~ 'lot•. wl! .. '"":l"•lf, 1-C ••• • , ......... tlff'"SiO"I •flltd JflOd•ficat•O"'lt; (b) t"'• o ......... ,,, of.,. ot~t'' \!,,j,..,, "'''"' lf'tff'r'fSI IO"•"'CfC i...~eo-~ .. ,..,,..0--... :i; :•:ttC't' '"' lfC""'''" •' '"• •• ,U .. lt't' '"''"V"'f'.,t 1-"'0 (() , ... OC'''""-·'"'Cf: o' 10,.,.o"'"''I '""•""•"''" •'"'d ...... ~"'ti "'"'C1•" ·• I l•tw"•tr '"''"V-•"f it""CI tJ\f "<'tt. Jor , .... P..."OOlt. lor,.o••" •o•• ..,,,..to) .ttconc:t "'0"1V•t•. I"•"' •rtd c°'"'"'" co .t-C•" tfl• lollowi"t d•tcrfl>fd prc~trty lOClttd in CQLLIJR County, Jlorida. -PIUllCIPAl PAMIT SHALL llE DEFERRED FOR THE TERM OF THE FIRST MORTGAGE LOAN OR UNTIL THE DATE THE LAST PAYMENT IS DUE llll REFllWICE OR SATISFY THE FIRST MORTGAGE LOAll. u A1 .. ,. p••rlc11l1rlr descrlbtd °" b"lbll "A," •NI ""lcll ""' '"• ocldro11 or 912 JEFFERS(Jf! AVE!fUE l!l!O!(ALEE I FL 33934 Clt•HI) uip> fOGrtMU lllfM 111 tht 1...,roVt"'fnll '"' proc>t•ty, •NS •11 UHM•""· "'""· ll>OM'lfl\lftC'tl. ''"''· roy•ltf11. l'li"f'"•t, oi .ta'C'....._..,._.,....;ac~ll'1!~•ll'o. . .,..,,.,. r1qnt, Ar.d tlncl ,,"1d all f1••u~l'\ "0• 0" •t•f'•'ter I Dirt ol rt.• proo•"'fY. Alt ~·•P'l-'C~,..,. at 10 bf' COVC'"C'd bv rl\c S<"<v"' t., J,,s.t"~"I a: I •' '"' for•t•i"I •1 r•'•""'d ro 1n t 'ti'~ IOtt•owt• cov1~•11rs 1t\1tr to,.,.o..,tt 1U 1••"'t •"Cf COflY•Y 1'-t ~rop•rfy •nd 1h• tl'I ..... .,,, a"Cf .,;11 dtftnd t•nt••ltr '"•till •' •tc••d. 11111 HCutlfY flllT•llMfNI c ;,., "' n~-+.<P"'.4:1T1'1-oi'i'iil.i. ••"Ill.,. II~ iu•i1dlcll°" 10 con1til u u91'' " u•1•01111 covr11•11rs. lorro .. • •nd • •• o• .,, , I, ••-t ot ••ll'ICIPGI 1 Int H : P 1M t 1 Ql11'1"(1011 ef lftd ffttOrtll 01'1 lf'lit dtb I V z. Jinf1 for hua -lnau J •II tiMtl thot C'' ty" ., convC'iC'd ol"'4 "-·1" t"'C', '9"'' r:t ... o-~;.19r for t',,CV""b"•"'<•!l ol "•<::-o'd. IO'"O•t' df411•nd•. 1vtt11c t to •"Y t"C~"•nc•a ovat1"11i"1. '"' Mort111or 1h111 nttin! t 1ur1"c• .,11h "''"ct t t•inst sucft rislr:a •"d for such,..,.,,.,.." IS ,,., C\11t.,.1rl I Y '"'""'d •t•i"•t I \. 11 tl\e 11'ftt' becOl'll I•. 111 prt••V"'S in r11p1ct tht,.tro. ·-cludlfl'llt. tlYt "•t ""'ittd to, 111·,.islr: · "Cl orottetlnt t~t i 1 "' Horr111or 11'\rd Hoi-191911 •t•'"'' 1011 or 01..,t• 10 '"' '''"'illl bv tirt. Iii, 1 arwd o. tt•t' c11u1l1~·11 t l'ily '"'""•d II•"''' (i~clvdi"t ~·•t"" t•Oleltll"t, II IOD"os:trtlft), 'fit" I W"ilor1111 t t•ttl'\Clfd cov•r• -l'l f-tl"lt. inctydirig Ottu·11 t'f"'011r.al fO"'"lft. l""h h•l..,,.lf'ICt at 111 I'""' to bt ~ 1ct,,..nr cost of tht •r•'"• 1•1. ••c lw• • •• of •ooti"t• •"II fovr'Cl•tlOl'e. J:rr::: £'1 , '"• M•rte•1or "''' P•'I' att •••f'I, a11tc11 ... · ~--,~,\-' '••••prior to lht •ccrua1 o• •"'Y oen•lt•ti •" i"'l•'•ll tf•tf'f6'\. lht NerttllO,_ 11\1t I pay Of" c•ult to H 08 •d, al tr.• l•"'f "fS:>fC t 'v•I Y bt<~ du•, (.t HI l •t I tl••S l""d ll'•f'•-t"'fll , ... ,.,,, ef •nv llli«"d whlflOf\l'f" wllll1c ..... av at •""v t1""r ttc-••·• ... 11. '"'•''"C' O" ·'"''" •t•·~~: ::· .. ·:"' •t•:.>•:· ~' ~·• Ce111u•l'lt, ClJ ltl "'tlllly l"'d o~"'"" , .. ,. .. '"'· '"'tlvO'""' '""f"w•c• , ... .,.~<', ... '"':\..··•o c· ·~o•iro •o,. t"'• oci1·1!•:• •• ·~1 .. 1•ct. "'''· oc: ... e•""Cr, wo~tt:J •~ •"'c•ovt•t"'~ o' , .. , Co1 t1:<"rf,. ,..,c l)J •l•. ISllSl ... f'"'tl 0" o:""•" i~.,..,,.,._f' .. :• :.,., •• t••t .... :1111 • ... 11y bl Dlld '" l"'ltltl.~.,:s c .... ,.. Of'"Od o' ,., •• ,, :--• .. 0"11•10' t"•ll b• Obl•t•~·cr v"Ct" ~·· •o·~ilff tO 01¥ O"" CIJlf ro bf P••d 0"'h' IUC ... ''Ulll 119lf"'tl It I"(' "fO.J'""!'d :~ Dt Plllld du"'"I t ... f tt,..,. a• ~""f Nort9J113(' , .. .: &"tit. O'Of"tOtlr tftrr t"• P'V"'f"t of 1ny ol ,.,, •o,.t'IO'"lt, fo,.wl"O to .. o,.tg.is;tr •vidt"'<• ol suer. "'•""'f.,t J, .twllcerion of l'e~nu. t1nl1u •PPI •obit 1•" p•o••dtl o:~•'-•U, ell 1>•...,tnt1 •tctivtd by~•....:•• s•1 Ot •~of it'd; fl rat, co intt'tlt dtJ•; end, to priM•p1I d\H; end l•st, to 1ny lllt cft1r9ts d"• undtr , .. , 1to~t. 4. Cll1r9t1; Lltn1. lorrowt• 1h1tl P•Y all t••ts, UHll'"fn:S, C"•'ftl, fint1 •rid i"'Posi11ons lt:"'b..t1t>,t :; !"t •root"'h' wt.iclli -.,, 1U1i,, priority o"''" this Security ln1tr\,llllifnt, •t'td ttasthotd p • .,..,..,,,, o,. 9rovnct '"'"''· if .... ., "'"O•t• •"•I I ,,,...,!Ir furn I all 10 ltndtr ti I ... , l(fl of ........ 11 10 bt P••d """'" ,,,;, P•••t••P" ...... •I I •Ut•P:S t~idt"'l"f rl•t P•..-.nU, lorrowl'r 1h1ll pr.,_.tly dhch1r9t l"Y t;•" .,,_(c)i hll priority owtr thi1 Stcur'tv Jn11r~nt '-'"'''' IO""O•t"' '') ll"'t•I '" 11111l'ifl"f te t"t 01,,,.fftl of thC' obi tg1tion lfCv"fd bv t"-t I itri '"' .1 ""•""tr ACC•:ttabl~ 10 ~f<'\Gtr-; (:J) CO..,': ti~\ ,. ....... , ...... "•" bW', .,. dtfff\Cfl •t•i"'' ·n•orc•""C"nt o' '"'•I'""'""· '"gal 0"DCt'td•"'9I wt\t(I\ .,, , .... L.•"'G .... 'I C'O•,,.:. ... 'C'!'•tft to D"'"'"'' th• t"forc..,.nt of th• lttn: o,. cc> 1•cu,..-1 '"OM,,,, "olCJ•" o• rht l••" 1n •st,.,.,...,.,, 1•t 1 1'•ctc"'11r •: :.1•-01• 1""'°ro•~t1n1 tht titn to'"''' Stcul'"lfy '"••"~"t. 1• lfNJt" d~!t'"..,1 "'1'S lt\1t ,..,.,. O•": o' P·• •"t>C"l"tw ' 1.0.rcr te I Htl\ ""'tcl'li "'I)' auat" O"lortty ovtr tPlt StCtJ"lfY lrt1t"li"C"I, 1.l"<Str "'IV tivt lo,-rowff a t'IOC•Ct tOtnt11,,"I ~~, i'f"· lerr•wtr 1tt1lt 1eti1fy •"•lit" or tallt O"• or fl'Ore ol Cht actions 11t for•" lbo¥t vlthin 10 d1y1 o• t"• , ...... •' ... ,., .. S. tletard o.-''9"rty Insurance. lorraw•" 1'-itll •••D t'"t u!•o,.o ... •~•""ts riow t••lt•"I or ht"'••'''" f"tCtect O""' ••t l•'!:ct•:r ~al""td •••'"It 1011 bt f1rt, hll•"OI •"((..,0t0 v1ll'dn ~"'l' It'"" "t•tt"Ctt4' COvt"•9t" ll'\Cf ,,... ... Otl'lfll' "111.~l. "'C·.A·•t 'l•M• er flooditt9, for ...ii.ich ltl'\dtr rtc:virt& '"'ui-1nc1. 1'HI "''"'"•,,c• '"'''' b• "'•'"t••.,tCS '" t"'• .ll"'Oit.."U 1...r 'O., 1-1 M'•odl thlt Lel\dtr rtQ...,i,.11. ,,,, 1n1wr-11'1Cf c1rr1tr P"0¥•dll'l9 t.,,f '"''""•net lhll l IH C"Olf"' bv lo,.,O-.f'" ,_.,,,,to Ll"Cf1r'1 1oorov1I v~ich &hell "'Ot bt vnre110"'1blr witl'thtld. II lo,.,.o._,, '••U to "'•int•in CO\l'tr•g• oescr•beO tblt~•. U"Cltr ... r. tt Lt"llor'1 OPtion, ob!•ln co•tOft 10 protut lt"<ltr'I ri9ht1 In tht Pro~rty In eccordenn "ii" oe••PH" 7, .tll lnsu•t"Ct PollclH e"ll ren1.,111 shall b• ecctpltblt to UNI•• 1nd 1h•ll l"Cludt • 111...S1•d1110•tt•I• cte .. u. ,t"'Jt• l~tll lltvt tht rl1ht to llold th• pollcin 1"41 ,.,...,els. If ltndtr rtc;uirt1, lorrowtr •hell pr~!l~ 9iv• IQ ,l'"f:t• 111 •tctitU of p1id P'•"'i""'' 1....S rt"'f•ll "Ot icu. In thl tvfn! ol l OSI, lorrowtr •hel I ti wt .,......,, not •ct to ••t .• ,, •• ,~Cf urrit• end Lt"Clf•, Lt"Clt• ,..Y "'~~• prool ol Ion ii "Ol '"•dt P•O"'lltly b)' lorrow1r. t:AlfU lt....St• 1"11 lorrow1r otht•.,ist 19ru 1n w•i1i119, 1nsu•1"(t procuds shill bt 1:001110 to •n10•11ton o• ••:•·• ie' ,,., JroOfrty dlfftlltd. d 11\t rtstor1!1on or rto••" •I ttO"Ol!''C•llll' l111•blt l"'<I ltnC't"'' Sfeurqy 11 ""Ot •1sr·r-: ff t"• fftfor1tiOl'I or rro1i,. 11 not t(O""~'Cil :,.. •,1,1tlilt or lf"'-dt''I t•c1.,r·~ .... ""°'""''a Of' ~t\tf"te. '!'"t •t.•a•(t ~·OCttC:I •"•II bf 100Htd to,.,.,)""""' U'C';,."P::t t'J' t"'• S<'CU"'!~ :.,s:"1,.""'f"'t. "'"""':"'r'" :'" ... ~! , ... , ... e'1..P, ""'"' , .... ,,:,•1 c•·c to IO"'O•t". If lorro11tr 1~1"dt"n1 t"• ''ePt-"«'~. C" dot' "'Or,--.,., .. •'!"" J:, oa .. 1 .a "'ot•:e '"a-rt a.•l't!j•r '"''~ ••f ·•1 .. ·1~1 c1rr1rr 1111 o'''''d 10 ltUlt 1 cl111n4 lhe-n ltndf'r AIY colltcf tJ\t •nsur1nct P"flct•ds. l•ndtr ,..Y u•t : : 1.~s I/col I I tr/ccbf>l . · • • OR: 2124 PG: 0755 '"' IJl«ttdl to r101fr or r11tor1 tht •r~rty or to p•y IU!'I tecurtd by '""' Stcu,.Jty lnstr"'9tfnt, "'h•t"'t' or ftOt '~'" ~ •• lht JO·d•r Pt•ioOllllO"t l•t dvt Ollt of l•t "'O"l•ly P•Y"'f"ll rtftrrtd to in 1"''9'""' I or c"•"9f lllt 1mo1.1n1 of t•t pl,...."11. If ~"Ct' l>l•lt•IDll 21 t•t Property is ICQuirtel by Lt'ldtr, torro•t•'s "9": 10 ant insur1,,ct pol1c1ts and pr~cttdl 'tS•lt'"f l•Ol'I d•"'•tt to :111 Proptrty prior to tht 1cQuisi1io" shall PHI 10 Hndt• 10 tht '"''"' ol tllt l\l!IS ltCW'ff by 11111 Stc11rlty 1"11'~"' i"""dllttly prior 10 tht 1cqv•1't•O"· 6, OcCl.OO"Cy, P•Htrvll Ion, N1lntena""t 1rd Pro1~1 ion of 1•c Pr.,PC'rty; 1orro .. t•'1 L<>1n Arol 101 iM, &.fll"'Oldl. lorrc.tr lf'lll occv:t)', tltlbli1h, Incl wit "'• Pro:>trty •• •~~,.o.,,tr·s P'"'''P•l rts•dtf'l(.f "'':""'" l'•tv Cl,-1 aft tr f;.t t•tCut io,, ol ~"' S $tC\,ll' i ty lnstri.r.,.,t ll"td Shel I CO"t "'Vt to OCCVDV tht ltl'OD•rty as IO""O•t"'I c···c·•·' r11fet"'Ct •or It l111t 0,,, )'II".,,,,. '"' Clltl of OCC\olPO ... Ct, V"''''' Ltl'ldt,. ot"'""'ilt •;"''' '"' .... q.,.. •. ···c'-COf\lt": •"•ti "'Ot bl ""''''O"ll:>ly -.ii•"'"•ICI, or"'"''''' ••U"Vlt"'"9 (l"'CV"ltAn(tl •• ,,, ._)lliicto. .... b• ... o"d lo••twtr•a COfttrol. lorrowtP at.ell "'ot d11troy 1 Clt'"•t• or i"'C)ttr tht Pro!'t"t'll'. 11low t"'t •'"oot"t'¥' ~o c:t:""'O"l:t, 0-CO"'rl'it Wlltl °"'the •roptrty. lorrowtr lhtll b• '" dtflult if l"Y fo,.,fi:ur• •ctiO"" or (VOCtf''!P"I~. "'""'t"•" '"''· O" ,,.,,.i"''· t1 M1urt th•t 'I'\ \.tnd1r•1 good faith j1J01~nt cou\d rcisvl t II\ •or•r•tu"• of t"'• '"O:t'f"~" O" 0, ... , ..... ,. 111111t1rt1lly i111Dair th• 111,, cr11t•d by this Stcvrity '"'''"""'"tor Lt"'~<'r'a 11cyr11., '"''*"'''-lo,.,.o·•" ..... c"'"• '"""I dtflult '"" Ptil'llltlt• ••• provided il'll p1r11r1ott ''· by C8Ulll\9 lhf' .)CllOft 0" P"0C"'C'd 1 "'9 to bC' d11..-i•1\•d ... , ... I""''"' t"•t, in Ltf"'ldtr•a 900d ta•th d1lt""''"ltion. precludes forff''IU'f' or l,..t lor10 .. 1r•s •t"lltt'tst '"" t''t •roP•"t'I' e• o:"•' ... ,,, ••• i"'t)tir"'f"' of th•'''" crt1led by t._i. SICUr'ily Jnstrutl""""' or ltt"ldtr•s 1tcur1ty 1nt•"''''· te•,.ovt" •"•ll •110 ff In dtf1uU H lo,.rower 1 durif"lt tht lol"' •?OliC1tlon proctss, gave m111r11lt'JI' '•lS• o,.. •1ccvr1t1 '"'•'"'ltio" Or' tllft""'fl'ttl to ltP\Cffl' (01' faittd to p,.o ... idt L<'"d•,. "'''"' any tt1.1f1,.111 '""'O"'"'•' •Ct"') 1n :.,-•fCPtJI\ wtt" t"t l01" fvlelt"C'td Oy tht lllOtf, i111clvdi"t, bvt not I''"''~•~ to. r•r,.rs1nti1tiC1"'I CC",,Ct"" .. '"t IO"'O•t"0 I C'Cf'"M"'CY of '"' •rop1rty II I ,,,.,nc11>1l r111dtnct. If ,,,,, Sf'Cul"t[)' ,,.,,,,.Vfl"l('l"I: ll 0"'. l'flSlhO,d. IOl"t'C•I .. , .... ,, CO"'"Cl:Y wtt't Ill f!lrit O"Ov11ion of t~f 11111. If IO'"O""f,.. tCQU'"tl ltt ltflt' to tt\t •roo•l"ty, ttte 1•41t~OICI l""CI 1-.1 'It l'!it ta.1tt "'OC ""t'"lt '°"'1111 l•"'Ct" 19,.111 to lhf' ~"ft" •n "'"ll"''I. 1. Jt,.otMtlDl"I of L~-.dC'r'1 llghn tn O•t 9JroC'l<'rty. ii l<?"roi.c" '""' ro r•r'o"""' t"'I co••"'•""U •"'di lf'"tt•t"'fl fO#'fl'"'fO ,,. ?hll 'fC'-'"'':.Y l,..lt,.V""'l"'t, 0" I"'•'"• •I• l•i•I ""'C,f'4'd'"9 :l\ll "'•Y 1 1f'Hf 1C•""ll., 1 1 ,fCt .t·c1•·1 •11'"tt '"' t'"I •fCi:"t"h' Uu:t. ts I 0"0Ctfd•"O 1n l:l"'''"'elC'I", :!'"C':)•":.t, •o,. ,O..,C'• .... n•tion O' 'o"ft•:urt 0" :o ... •:•ct ;l•I 01' 'ttvllPO"'S). t"tn Lt"<ff" "'•r do .e"Cf Dir' •o,. """"•tf"f" S "tc .. ssary to P,.OttCt t"'• wll\Jf of t"'I •·c:t•:t-· •""Cf "'"'Otr•s ,.., .. i. '" f"if ,,,.00f"lY. ltnc'f"'I IC!•O"'I ~ .... '""''"'"' Dh'•"CJ ,,.,, ·~· ''c'"'rtct t'P' I 1 lf'"'t "'"'e."' •11 D•10'"h Ovt,.. t•us Stcvrltr lf'llf'U"'tt1t. •ootaring '"court, PIY'"'5 "f11SO""•blt •ttO""'t)I' fttl •-'Id ,,..:t"'"I on ,., JroPtrty to .,.tt ftp1if1, Al ll•O•gh Uncl•• 1111y Utt eclio,, wr'<ltr 1111s p1•19r1ph 7, Ltndtr dotS ,.01 ~ht to do H, • ._., l"'O""tl dltbu'"lf'd b~ ~•ndtr undf'r O'll p1r19raP" '1 1Jit1tl bf'COl"f eddtt•Ol'lll ditbl or lor"o"e" s"cu,.tef bv IP\11 ltCwf'tly ,,..,,,...,...,..t. V"'lfll lorro1111r •l"ld Lt"Cll•t 19r11 to othtr trr ... , o' Ph'"'C',,t, thtt• t--Ov"tl s"'tttl Ot'I" •"''''''' ,,.,... , ..... ,. •' d1 Sbuf'ltftlfnr ., '"'• MOt. , IC. Ind '" •rabl.. w I tft I I'll .... It. uoon l"IOI. Cl , t'O'flt l e"d•r io I•"'•"•' rt4'ffat l"f Pll""'l'nl, I. •ort119_. lneul'ence. If L1"'Cf•r t• tt ltf\11'1 'V 1"11""""•"'1 • lorro.,it" that t '', 11' l"Y l'fllOl'I, tt\t "'Ct"lf•tt '"'lur•n f' ···: ~ DIV , ... lt"•"''U-1 "••""· "•O to obt f'"Ht. •t • COit lvbltl"'f 1 elfy f0"'"° f '•e-i ... II t•'"''' fl'O"tt•Sll• ,,.,v,.•r ,. :J''Ov ~::~~~~.;.,,~~c;: ·o~ 11r1• l1bl•, IO""Owf" t'"'1: DIY r lt~ tr'\ :•1-•"""" l>f'"'I Ol•C: by IO""O~t,. """'',. t'"t '"'lu"l"'Cf ... •r •"'GI "''''" tl'tts• o'"""'""~' •s 1 t cu ,. ~• '•aw•rtd. at P•t 001 io,, c• L.t"C' •fC:IJ 1 "ttJ O"O"idtd l>r Ir\ ll'llU'"I" I o•t•·"'9 rtauirtd 10 "'•i"'''"' ""O'' •JC.. s -~·111st t"'"''"Ct '""' i" acco•d• Ir .i. t 1.ou ,.,.,frvf t'•)"'fn: I "'-•v 11110 lont•" Cvn: ind fo' t"'lf Of"•Cd !"·ti lt"dl' • l obraintd •~'"Cw•" shat l 01,. :~1 •or t, IN-tlon. ltl\dtr or ·Tf" ~ .t'ldtr '"'" ''"' lorro .. tr "Otiet et 1W, ~ cifying rtason1blt ceuu for t~• "'•Ptcllon. '-~0 10, C.,..,_..tl°", T~t proCt ~ "Y twlfd Or cl1i10 for ~· Gi• .. t or CDllHqut"llll, in ro...,tclion w6tlill l""f' Cerid~•l•Ctft or otl'litr 11Un1 o ..,:.~nY rt of '"e f'roptorty, ·£or o,,vtylf'ICt in l•tv of cof'\d1nin1t10"I. 1r1 •t•t~ 111lt"td ,,.. •"•11 bt paid to \t \\ ~ :"" t9't •"•"' ef • tet1l 111ti"t of '"''~root ~ttye., •¥1~ t 1rd 10 thl' 1um1 l•curf'd by ~h11 J1C'u"''"' 11111111""'°""''• ""'•lhtr or no1 thl,, dvt'. w11h .,,,. c.lt• ;~/fliliJf!c..~ . I"' I"'• r:vf!'nt of• p11 .. l•oll t•••nt o• ••t '"•M"IW'. ,,.. •"•ett t"f' '•'' ,...,,.\tt vatvf' o' t !O'("~~ 1.&tC'I" br-1 o•• l°'tl' 111111,..9 1\ •Qu•I loo .. 9"•a·C'~ ••."I•'"""" e-OU"t of l"'t IV-I 1•c11,.rd b"" ih1\ Sl'fV"'''"' '"''''~"'' 1,.1,('d•lHC"'"' bc'o·~ '"C-to>lr:1,..9 vr"ltf\~ ,.., ... (' .. c· _, .. c: .f'•C•" oi 111 1rw111 ll'•t "' "'"'~'"'9. l"'f Sv""I S•C'-'"l"d b., , .. ,, St'Ct..1"1'r t ... \! ... l'""C"''( Sh.alt t-1 '•OvCf'd t'i'e : .... •"'<' ... "': o• ·•1 ~ .. •cttdl "'ult1pt11C1 br fhf follcw•"CJ •ract•on: ca),,..,. 101•t ill""'<'u"'t o' t"'t SlP"'S '''"''"''Cl ,,.,..,011,tly a•'o"t ~ ... • """f, d•vidtd by (bl tllt l1or ,..,ktl value ol lht Proptrtr •-d•oltlr b•lo•t tht takin9. Any balanct •"•II bt ;-1•d 10 lorr ... er. :~ '"' tvtnl of I Pt•lltl tlkl"t ol Ill• •ro1>trrr ;,. which th• hir ~1•kt1 val•• ol '"' Pro1>trtr i""'td•artly bt'ort !"'f lek•"f 61 ltll tJ'tl" tht ·~Ul\f Of tht IU""I lfC1o1l"td l""'f'dllttly for thf !lllr: '"'9· 1,,.""llSI lorro .. e .. •""d 1.t..,C:tr =~'"•"•1 •• .,,. •• '" ... ,i ''"• ., ""'''' IDDI IClbl• .... ot"•"w••• orovhHI, , ..... ~"'C'Ct•C:S , ...... b• 1ool 1tc: to , .... '"""'' uc11•td ~ tlllt IH1,1•l ly '"""'"''"' '''"'"" o, r.ot tht '""'' ,,, t~tn ""'· .,.,.1111 ltl'ldtr-"' lor,ovtr otf\trwitt 11r•t in writing, •">' 1oollc1tio" of D"OCttOI to pri"C'D•I sP1111t1 "O: t•:t""CI O" ~l!OO"'t tht dwt delt of tht lllO'ltPll'f OIV"'fl\tl r1ltrr1d to ih p1r1gr1Df'ti1 1 o,. CPltnst ~"'• ·'1910Y": ol '""c"' oa,,~t"":S 11. lof'rhtr Not ltlf'Oted, rorbc'1r1nce Ir lender Not • w1 I vcr. I• t tl"IS • O"" of c "' l'"'f f 0' o•,."'C'·"'! =>" •Of•11 c11•9ft of ....... , •• "°" of I"• • ...,... ••curtCS' bv ''"' Stcvr11v '"''''Vft'"'' l"l"lfd br li.tnc:ft'I' io .,,., IYCC••••" .... •!tl'flt of lorrtwtr t1'all l\Ot OPtf'alt to rtlta11 tht ltlbillly of tht or191,..al lo,.,.ower 0" IOl'"O••""I luCCtlSO'I -~ .. tit. \.tf"lrd•r '"'" "ot bt r1Quir1d to C'Cvtffllt"C• procttdintl 191'"''' l"'V svcctsso,. ,,, int'"''' or "''"''e to '!'•~t"'d ti"'f for oaPtnt or ot"t,.wi11 "'Odify 1""'0n:i1111on of the'""'' s•cur•d b.,. '"''' Stc\lrity '""""""'"'' by"•••~ .... :• 111111, d_.lf\d ..... llY' tllif oriti"'el lorrctwtr Ot' lo,.ro.,tt"I IUCClllO"I '" '"';f .. C"\t. Af'\y forDtl'l~Ct b"t' \•-'IC!•• ... ,..n,"C'l'"I l"Y ritht or '•~dy 1fliall not bf'• wai"Wt'" of or prtcludC' '"'" f•f"C'it of 1ny r1gf\t o,. f't""lc:fY 11. IUCCC'llOr1 and•••'•"• I~; Joint 1nd S•••r•l l.i:&bilily; Co·S1gncor1. '"' co••"•"'t' P•d •s•1•-•"t' '• I lt(l.•at., lfltltl'~f"t 1t\1l l btf'ld 11'\Qi b•n•h t 1'°'• IVCC•ISD"' t"'<I 111 1 9'°'• 0 1 1..1..,Ct" e"O IO""O•t". lwOJl':.C 'a" C._t ··-: .. •1•0•1 o' Dl'lftl:t"I 17. lorrow1r 1 1 tO,...t"'•"'U and agl'f't,...,,11 s,Piall b~ ,:•""'t ll"'d srvcr1t. '"'Y la,.re ..... 1,. ..... o (0 ;•a :••t S,tcvrity '"'"'"'*'"' Dvl does ,,o'C t•tc"t' t~t "Ott: c1> •s cc·s•Q"''"'9 t"'•l S1cu,.1 IY lns~"V"t•""' 0"''" ta ·-:•:11tt. l'l"'I a"'CI co"vfy '"'' lorro11otr•s 1nnr•1t "' '"' p,.OO•'lV vl'\(ff"" ~:"le U'""' of 'Ch•I Stcvritv l"lt"J!'lt"'l: <tt> '•:t o•·••"'•llr ott•••••td to Pl)', .... lllfll \tcur•d bf 'Chll S.tC"'"''Y 1n1:r...,,.""1; lf'ld (C) .,,.e•• ,,..,, "-•l"'lodrr Ind IAJ ·.••t" I;,.,. • .,,, -.r 11ret to t•ttftG, Ndify1 lorb11r or ,...ra., •"*Y 1ecO"'f'IOCf1t•o"'• .,.1th re91rd to tht ,, .. ,..,of l"'' ·ff"'"''" '"''l'V'lt:"' or '"' N•I'• wltftovt ther lorrower•s con11nc. 1J. L..,. Chtr9H. II tht tot" stc11r1d by this hcuri1y 1"11'""'"1 •s sub1te1 10 • law .. •ic• 1tls ..... .....,.. :a•, ••• , ... '"" '"" l1w 11 lin1lly 1 .. nrpftttd so 11111 ,,.. 1n1trnt or Olhtr IOI" '"''VH COi ltCltO or 10 b• : , ltC :tf !ft C-tcl ion wllll tllt loa'I t•Cttd tht ptr"'i t Itel I 1Mi ti, lht": 11 l l"V lvC~ I Of" c•t•tt Shi I I bt •10 .. uo • :•t ......,.., "tCHll•r lo •td11U t"• •••• ,. 10 lhl ptr"'llltd li01it; Ind 1111 .... , ..... llfHCIY colltCltd ''""' :•••••' .,,.;,,. t•CHdld 1ttri•ltttd lh•IU Nill bt rtlllf'Cltd 10 IOffDwff. l•"Clt• "'OY choon to "'•kt this ftfund t'y ''°" ••t t•t ,,1,.clo1l O•td ll"dtr tllt 11011 or by 1111t Ing a di rtct p1y~n1 to 1orro•tr. If • •tfu"<I •tductl •t•Pll, t~t •tCllJClion ,.;11 bl t•t11td II 1 p1r1itl prtp1ymtnt without l''Y prtDIY~"' ch1rgt u"Ot• :•t ~Ott. ''· llotic .. 1. ""Y not•C• to lorrowtr P"Ovidtd for'" this StC\I"•~-; l""'S~"V""f""t '"'''bf' 9'"''" by dt"l••t"1 "'i o· bv 1111'1'"1 it by first cl111 "111 ""'"'' lt"::tl•cablt law rrQu•"~d ust o' •"'~'"''" "'•thod. '"'• not 1 ce '""•II tot ·rctcdl to ttoi1 ''0Ctrt\' &dd'ftl or •nv othtr 1~~r11s lo,.ro"''" ct•s•g"'attS by not•<f to lt"<1•'"· •n~ 11ot•ct to t.1"'dt" 1d bf tivtf\ to lorrowtr or ltf\dtt "'h.'" 9ivt'1 11 prov10td 1n this p•r19r1ph. ·Z· • Oil: 2124 PG: 0156 . ''· G•'-'•'"',. Law; l•Yer•bfilty. Uds S•curity l"'lt"Vl'lt"f s~•ll b" 9o"'''"""d br fl'dt'•l '•"" •"'d '"' 11w of ,,.., '""''•••crton i" "'"icf\ II'•• •roptirt)' II lac:e"ted. '"''"'••wt' ... , '"'·" O"Y P'OIJIS•O"' Of' CllllvSt" ot t"''' Sf'Cw"t!.}' '"'•!'""""'"' o,. '"' llott cpflictt wit"' 1ppl1c1blt law, such conlt1cr '"•ll f\Ot alftct oU'•tr oro11111c-n1 o' t""I lteu•lly '""'...,.."' o• lht Nott "hich Cl" bt 9i•t" •"•Cl .. ithout tht co,.ll •cll"9 provisio". ro th•I t"<I :ht P•ovl1l0"1 of 1hi1 hcurlty l"lt'll'lf"t tnd lht Nott trt dtcl••td 10 bt st•t•tblt. 1t, lorr-r•a Copt, lorrowtr 1h1ll bt 9ivtn ont nnfo.,•td copy of tht Nott tnd ol thft Security '"" '""'"'. '1, Tre111far of th• ''°"'''Y or • •-llchl lnttrtst In lorrovtr. If ti I or •"Y pt•t of tht 'roo.rtv o• '"Y lnttrtll In fr 11 10\d o• tflntftrrtd (O• II 1 bt,,tlici1l '"ltrtst ;,, lorrovtr is sold or 1r1,,1ltrrtd incl lt"'"9'11' ft "Ot I "ttur1t Pf'l'IO") 111ithOUI l•ndtr•1 P"IOr "'rlttt" CO"'St"t, Lender Ma)', at its cptiofl"I. rt~•r1 i.,..tri•t• Pl~"f lr11 fvtt Of •ti 111"1 SICuPtd by it1o11 SICvrity fntt"~~nt. Mofliof'\lfr. '""'' OC>Pon t"'a" -.ot bt tatrc•ltd ~r L•"°'' U 1aercl1, is oroltibittd b.,. ff'C'•"•l 11w 11 of l"'t d•tt ol ""' S•t"'"'"Y ln$!,.vr-it•1l. :t .,,,...,,,. ea1rcl1ed t"ta ~ti01', ltndtr shall 91-vt lorrow1,. no,1c1 of acctl1r1r1ol'll. lhf' ""Ot 1 ct 1"'•11 D"'o"·~• • "'"Ml el "91 ltll t"ll\ JO d•lfl frOl'4 tht ctatt tht "OttCI ti dtl •¥t"td 0"' fttetltd "'""*" """''C"' IQ"'O"'t" "'-'" D•ir •• •~ a•cvr•d t.'W' 1"11 ltcutlty lnatr..,..nt. II lorrowtr f11l1 to Ph· t"t!le ''-""''prior to tt\f' t•D'"lt•O"' of VH\ "''Id• Lt""9r Ny fft¥Oke enr r.-.die1 ,.r111itttd bt Oth S•curity JnatrY"tnt ~dthout furt"•" "'Ot•c• or d•"'•nlS on lorr.,.tr. 11. IMrwer'• lf1ht to l•lnat•t•. If 1orrowtr Ntrt ctrtah' conditions. lorrowtr shall havt th•"''"'' to ... .,. '"'•'"t...,ftf ol thh ltc"rtty '"'''"""'"' oiscontlnutd at •ny 1'""• prior to tht ••,.I •tr of : <•> 5 a1 ... 1 (O" l•C" et•t" ""'" 11 100Uc1blt llllll -.., IJ"Cify for rti"lfltl"'t!"t> btfore 1ale of '"' 'roo1rt'lf purs..., .... , co .... .., DD•• .. of Slit Ctnttfftfd t" , .... l•c1ri1rfty lnstrU"'ft\t: O" (b) •"'"r of a jl.ld9,,.tnt , ... 1orc•n1 tfids S•c..,r•ty l,.,srr~ ... t '"011 :e"'Ct'ttl•"• art thlt lo,.rowf'r: (I) PIYI ltt\dtr 1tl '""''which t~f,, would bt dvt ur.ctcr :"•s Sttu"""' fll\t.t•..,""'llf"'lt t"'d ':"'I lfltf 11 'f "• 1cc1l1,.ation hid occurred: tbl cur11 al'\d Cll•'•ult o' ... ,, oth•r covtna,..11 or •l"tt"'C"nt1: tcJ oa .. 1 t:I t•••"t•I f"Cwrr1d '" '"'O"C•"t this Stcvrtty J"I'"~""'· "'Clvelli"t. b\Jr nor '""•Ud to, rtalO""•blt ll~to•nty"I 'trs: a"4 Id) tl\:fl 1veh actio,., 11 lt'"'dtr '"'•Y "fllO"•bh· "•Outrr to lll-v'• rl'l•t '"' I••" of tP\•1 S•cu,.it,. 0 "'tt•V"'f' .. t. &.t"'Cllt''• ri1._u ,,, ~"• •"COf"fv •"d IC""O"'f"'I obl•g.1:1 0"' i:o l'IY rttt sums JfC'"'''d by'"'' Stc"'"''l' ."'tf•IJl"'f"t llililll confiftlJf UftCl\l"tfd. lJD8'" ,..,,..1":1r•,_•nf bll' eo,.,.Owt". r"':s Stcurth· l"'lf"'-""if"f 11""4 l"'t OOllfl"Oftl tfCJ"rd fttrlfltr 1'-141 '~•in f1.tlly tfffCt•..,.t 11 •' "'0 1cC"rlrr111on l"l•d occurrc-d. Nowt"¥•r. '"''' ri9"'t co r1tnttllt ,.,,,"Iii 1oolr f" rh• ce1t o• •ccrl•r11i011 vnd~,. P•"•9"•P"' t7, 19, l•l• of Not•: C'-•"I• ot Loo" S•rvfc•r. '"'' liOtf 0" I 01r: 'll 11'\tf"tit '"' t·"• _,Ott C:ogtr""'•" wt lt\ 0111 Stfv.·•:y '"'''~"tl "'IY ff IOld Ol't or~,., ti ... ts w•t"out P"'O'" not •c• ~o lo .. ,.o .. 1r. •Silt ""IV '•li..ilt ,.,. I C'P'l1nst • :-. ,,.t•cy (llNhfl'I •• ,,,, "LO•"' 5,,...,,.,c.,. •. , t"•: COllt~r• tnO"':.J\ty o ........ ,nr! C1..f V"'df" '"' Mo:t· •nd ~"'·• St<1i1"ilY :•U"'V"'t-.t. '"''' •lao "''" t>t ont or llMl"t Chl"t•• ol lht LOI"' S1•..,1ct" vnrtl•ttd to 1 11tt ol :-.1 'O'•· r1 '"''' I •I C"l"ff of'"' \Ot" ltrw1c1r. lorrowtr w•ll 01 11vt" wrqo:.1" ,.,or1ct oft"• <"•"t' ,,, 1ccoro•""CI ..,q.., Dl"•l"I~ •, •""d llfltfcabl• t1w. '"' nonct will 1tat1 t~t "•"" af'\CS at0dr1~s of :,.., ntw lo•n S1rv•c1r •"'<I ~"'• •OG"'fSI to • .-.,c ... •11~"'0 •"euld bt --.ide. '"' l'\Ol•ct will 1110 co"'u11n n othf'r •"''O""'•'r1on rt(lv''to ti.,. acol•ca~11 1 • .., zo. •a1erideu9 lutMltll'Cel. lorrow•r 1111 Cl\ CfV"bO ,..,.1 c '"" orto,tn<•. use. d•ScMnal. uo•a11. or •1lt1t• el lft\' ••1•,.dout Sutt111nc•1 ~ or in ~f'.t~\@>/"ro~shal I not do, nor Ai I ow ,,.,..,on• tl '' ro ao, '"'"'"'"' etttctf"f tht ,,..OHrty th1t i1 in I n ~ I l ... w. lhr O"t(td1n9 t .. o sr-n~f!"Ct'I ,-. ... 11 •01 •DOlti' ro th• P"ftf'"C•. Ult. or J10"ri~ •ro!Pf'll"I.,. ol u11, ..;~l 1 t '<"' of lf.H.vdch .. , \vb''iri"CC'" 1 ... 111 •• ,.~ tf'"C'l'lll" recot"il•d ro tM ID0"00"••tf' t "t'l'Cf•~•••I Ull"1 • "'"°"' "'tC"noncC" o• th~ ••ooc-'t" IO'"•"'•r alrlleU gro-iprty ftvt l•"Cftr wr rt l•Ct fol' 1nr •n-vtsttt•ll "'I, c '"'• dt"'Ancl. t1w'yq or Ot""t'" act•O"' ::i" 1-,. fOYfP,..ftlll O' l'ftulau1r~ lftl't(y 01' Di i"vOlv• 1h1 •r ~,., •ll"ld •"v Hll•rGout. Subll•""O:I O" '"'"'"9flll'W"lll Lew of wf\ich lo,..rowtr 11 1 tu f .,,11d9t. rn1, O' 11 norih1d bv •"Y 90..-e-·~,..:1 c:• •19w11tO"Y •wt"•rfty. ,,.,, ,,,'W" rt--av I o d• 1 S bstonc• 1ll1ct1"9 thf' •·c:J•'":r ., ••t••••")', lor'o"''' •"•II S>"O"'Otly •kt cco •net wt:"' (''hnro~"fll LI ... •• "''d ... '"'• DIFll'•Dft lO •..... ,. dO\I d II ro1 1 c or ...... ,.aovt IYl:Pltl"";.•1 Ot l"v•rofV!lf"tll Llw lf'ld t1't •otlow "I l"'l"•blt or to .. •c 011ro~•"-"" o,..00wct1. : ".' our le tern -ht•blc idtl. VO "it s O• lo•qlot•ydt, '"" •111•otctlve .,,.,;,u, '' uud i" ~ "Ill .. ll!j ltd•••t 1 ... , t'1d t1w1 of '"' .• •ifdictl.,. ""''' tht ''-"~ 11 I ult, o .._.. 1ro.,...nt1l pro1tc110,., •=~·U-llOllll COVlllANIS, lorre .. er '""' further covt"tnt 1ftd •H H ~ "" ll, o\cctltrotlen; 1-.1111. !e'I lhttl 1ivt 001iu t o• o .-,i:l,,pl-or 10 1cc1tt•111on fol lo""'t ''""•••"''''••chef •"Y cevffttftt or• f(_I"~ t In this S•cur,ry Ins n\..,l t f'IOt pr10,. to .acctlt"ll'O.., Y"<ft'" ct••t•tph 17 V"IHI t1111llctblt 1111 provl t• 01 rwitt). lht nor•ct ~ tcify: UI '"' Gtltur:; <bl '"' 1cr10,. •t0w"td lo Cllt'e !lit dtltult; ICl I dott, ()d htn )0 dlYI ~ •It tht "OllU 11 '"'" 10 lonowt•. by wlt•C• fht .. feult .-Ult be c"rM; •nd fd) tho.:::.'tl;"t~ tt~~ r o.,, or bC"'ore '"" d.ltC' ID<'t1••ira "'"' '"'• -•t•c• ,.._. •l'IVll '" acc1teratl0rt of lh• SUl"ll u-:•f-"fh'ttf'fl1!_ br'.. '""''°'lllC'"'· to.-~c-lo'u"'C" D.-1...0•(•.-.1 o•ec•ffll'"I...., 1111 ef , .. , li•OHrh•-. rtae noric•, -h(,.,-...r or• lor,.owrr el tfilt ,..,•"' rcii "'""""'!•!• •''"' •C'C•C•"•t•..., M"llf lhlf rl9ht to llttrt il'I th• for•rlot"'f' proc•f'd'"'• '"' no ... ·t••tlt"C• ot a dt'fau•t 9" •,..v or.,..,r ••'•"•• •' 1•""9'1•" re erc•ltl"•lton •.-id fortctosur• 11 th1 cU·'ault 11 "01 rvr1d Of\ O" tHfor• '"'" e11a:it 1o•c"••o ~"'' -.t•c•. ltftdtr. It •ts ooti ..... May r•cu•r• •...-.d••t• o•"t"'t"I '" '"''' o' alt 1"1'1 1tcur1d by C"'•s Stc ... ··t~ '"'''"""""« wtt,...,r fvrr1'tr d.-.t'ttd end r.tty 'o'tCIOll :tus S1cur1~., '"-'"VM*"t b1 1udic11I proct•d:"g. :.t"dt"' •""•'· llt t•titlt4 10 colltcr 111 .. """' ir>eurrta ;,, DU•111i"t 1111 ..... dill P•OYIOtd ;,. lhtf Dlrlt•lph l1, '"ClVO'"I. l:NI ... , f• .. iUd I•, ............ 111or11ey•t ''" • ..., COIU of lht titlt tviCltftCt. U. leleOH, UPol\ 1111'9'1"1 of tit '"'"' lt<u•tCI by !lttl hc11ro1r l"tf'""""'· (tl\dt• 1•111 •tlust 1•11 Ste,..' ly '"tlr-t, lfltllout clt1r11, ro lorrover. lorrowt• 1h1t I P•r ,,,., •tcorc:111 on costs. ZJ, AttWftltYS' '•••· Al ultd in this S•cu,..1ty ln1rr~n1 end"'• aiiott, ••11corneys 1 1111·· 11"1111 1nchA• •"" lllO•"tyl' feel llflrdfd by,,, l11P9l111t eo.,rt. 14. atdera t• thl1 l•c"rfty 1n1rr"'""'"''· Jf Of\t O' "'°"' rid~"• ore-C'•ICUl•d bt lo,..,.o...,tr a"d ,..,,o,.c:to tcttl'-t' wit" t"I• lecvrtty lnatrUMel\t, '"' covenen11 encl 11r•.-."fl of ••<" 1t.1cl'I ria•" •"'•'' 01 '"corD<0•1rea '"'t• ,..,... l~llt ..,,..., l"Cf IUDPl ... nt '""co"•"'"'' •nd 19r1~"'' of t'-•1 Stcur1ry tn11ruMt"C •• 1f '"' ria•r(I) ...,,,.,a H•I el 11tl1 lecvrlty lnnr ...... r. (Chtc~ Appl lc1bl1 led 0 AdJllltlblt .. H lhler 0 ••tt ,,..,, ... _"' Udor 0 Grtdlltttd '•~I lldtr 0 I·& ,..,.fly 111"r 0 .......... d.,. 0 11 .. ,;u,. ,,.,...nc lldtr 0 C....,_fnllll' lldtr 0 Stconcl H-• f dtr 0 •tt,.,,td llfllt Otvtl..,..,.c •Ider 0 Ollttr(I) Uptclfy Ul•llfl HUlll, lorrowtr HHPU end 11rtt1 to tht 11••1 tnd covtl\tnu cc1n1ti"td ;,, thil Security tnur...-.nt •""In •"Y rhltrtO tltCUUd by lor-r ind rtcorded wleh t I, Sl.,...S, IHltd ""dtl1Ytrt4 In tht prtltllCI oh ·)· c: ,,,.JI/colt ltr/ccbpl .· .. OR: 2124 PG: 0757 """'""'--~-u_~_"'_e.A ___ ild __ ~_lf' __ _ '''"' .... ,. __ JtM1_._r.1111w-..11allisL-_____ _ Slgnatu••:,,._ _______________ nut > eorrowtr llOUGIEll Addrt111 ------------------ .,.,..,ur,(Jdq()'/Jr.Rc £~ :i,11tture1,,_ _______________ uu1 > '''"' 11,.., MillMalTA CAllDENAS lorrower IOlllliliiER Addrt111 ...... ,.,,..,, ______________ _ "''"' ·-·------------------ 11.,..t.,,.., _____________ _ '''"' "-··--------------- lllfllfll ... 1'end .,.,, tfflcltl Htl In CHAU :: '•:S'lctl I ltr/ccllpl Sltntturt1-.----------------CS••I) lorrow•r AddrtHI Slt,,.lurt:,..._ _______________ tseel) lorro .. er AddtHll .3'<01(.1c_tl>LWJ.b_t L.J -, It Q~ , -------------------------- *** OR: 2124 PG: 0758 *** "ZXllIBIT A" LOT 10, BLOCK 12, NEWMARKET SUBDIVISION, AS RECORDED IN PLAT BOOX 1, PAGES 104 AND 105, OF THB PUBLIC RECORDS OF COLLIER COUNTY, FLORIDA. ·. fDM 0 2012768 OR: 2138 PG: 0430 ucouu l• onmu. uc:a11 of C&llll C9fl, n 11/U/91 at ll:llll llICllT 1. llOCI, CUii Olll OIU ucm e~ J SJ:COllD IC>l\'MMD .1~~i: :~~ll TITU AWftll DOC•.15 llT-.112 2Ht.H ZSH.11 ZUI 1.15 5.lt ;i~ ~-• M 2MIS •~ ... ,GAGE t-urlty lrwtn-.t•> h 11_, on Dtctblr 1, 199...1... lhe second Mort...,,. h: I B !:;~ ........ 1 '· Garcia, a married man 11;~...,.rw•), Ihle lecurlty lrwt..._.t la ,,_, to cplller C!l!!rY ..-...... --....... ....--...... --..-C"l...,.r•), lllhldl la Ol'llfll&td n ulatl,.. under tlle l-of tlle United Stat• of -.rice, eilii ........... la 21QP !!pct!! .,,,.,,.,. pr!n 11181'--rig!• noy . lorrw w L....,. the -of DD 'El'E"'' ·-Q!'-LMI .. Wllt!!Q cu.1. •..z.aL11D1T!h11 debt ,, wldlrad ~ ..... .._ •• llot• •ttd the -ddo • thl• llcwlty l111t..-t ("locond llort ..... ), lllhldl provl .. for -thly IJlllll90fttl, with the full Mt, If not 1111ld Nrllor, ._ ond ..-.eon • • Thia security 1111tnmwit -• to Under: <•> the rtpe)'Wlt of tlle debt wldlnctd ~ thi lloto, with Inter"'• ond ell r.-la, u.t_I_ n -.dlflcatl-; Cb> the ...-it of •ll other ._, with !nt-t -*-eel ... r 1111r .. raph 1 to protect the HCurlty of the lecur!ty lnat-t; n Cc> the porf-of lorrw'• -t• n .. r-ta ... r th!• securltv !nat..._.t end the lloto. For thh ...,..., lorr-doll her• HCond _., .... , 1rent and CorMrf to L..,.r tho follow!,.. doacrlbld propertv toc.ctd In Cell!1t c-rtv, Flori•. •llY*l• 1.ipo11 Nit of praperty, refinance or loaa of "-toed •H11Ptlon. la mro 1111rtlcularly doacrlbld on Ealllblt •A,• Ind lllhlch hu tlMt addr•• of IMl• I"' Ur• IOGETllEI 111T• all tlle 1.-11 P'!r ""{'.l!~-ft~.,.....-",..•"' on tho praperty, INI all -"· rlallt•, IAU'C.W.:•, renta, ropltl•, alnoral, o •ttr riallt• and atocli and all flKturM ,_ ., ..,_ftor • pilrt of tho .....,ty. All llO be -111 ~ the lecurlty lnatl'\mftt. All of the fOHeOI,.. la referred to In tl"' • ._... ClllllllMTI that lor ~ n hal tllo rl1ht to mrt .... , 1rent end c-v die PrGpOrty and for .aaer_.. of record. 1or,_ -ranu n viii ....... ..,...11y ~. llUbJect to ,,. _,..,._.. of rOCOl'G. !Ill IECUIUY lllT ... 11 Clllblf.-rjiitflilpl';i1~~0'1"'(11(111p-ti\li!le vwlatlon ~ Jurisdiction to c-t tut 111 IFOM COWllAllTI. 1or I. P..,.nt of Prlncl1111l 8111l--fl~tllr9' v.1'~ .. ~Jl•~l:t· prlncl1111l of and lntar•t °" the z. T-. The Mcirt1810f' " llft pilnoltl• w lnt-t thar-. non·unlf-~ta witll llal ted r I property. r allall pr011Ptll' 111111 ...., ._ tho •ter rat• prior to tlle accrual of Th• 11or1....-llhllll pay or ll' •--., CA)(I) all tu• n ....,...cat ..,.... of mt kind lllhat MCI or lwled ... lnat or with ,...._t to the ,,.._.ty, CZ> all utility n , Incurred or 1..-.cl fw the ciparatlon, •Int-•, UN, ~y. upkaop Ind (:S) •ll -t• or otllar 90W11w1tal cMrt9I tlult _,, 1..tully be 1111td In lnlta , the 11ort...., llhllll be obll .. ted ..... tlll *"1111 to pay or -to be paid anly audl I rid to be paid._.,,.. the t-of the Mort .... , and lhall, prtllllptly aftor die ..,_,t of ,,. of the , orwrd to Mort ..... wldanc• of audl pavmnt. J. Allllllcetllll ef P~tl. Uni .. 11PPllcebta 1811 provl .. otMnllM, all .....,,ti rtColved br L.,.r Mall be ll!IPlltd: flrat, to lnt-t u: and, to prlncl1111t u; Ind lMt, to,,. late.-. ... u lniar the llote, 4. Clllrlll: LI-. ..,.,_ llhall pay ell tu•, --ti, chal'9", flnoa and lapoaltl-attributable to IM l'nlport)' !lllldt ..,. attain priority -tllla llecurlty llWtnmwit, and leMlllold ,.,...... or or...i rent•, If -.. lorr-r all11l llf'OllPCly furnt• to Landor all notlc" of -t• to be 1111ld...., tllla par .. raph, n all •-lpta wldancl,.. the .....,,ti. llorr-ellall pnlllptly dl1c"-rt0 .., llan lllhlch h• priority -tllla lecurlty 11111,_t ll'tl•• 1or..-: C•> ..,._ In Wit I I'll to tlw ..,.,,i of the Clbl l11tlan _..., ~ the I Ian In a ~ acceptlble to Landor; Cb> cont•t• In eood falttl tllo 11111 !Ir, or.,.,. ... lrwt ant~ of the lien In, l•I procaadt,... ..tllch In the L....,.'• opinion ..,ata to iw-t tho onf-t of tlla llan; or <c> HCurM frGa the lloldlr of tile llM an~ Ntlafectory to Lllldlr Nlol'diMtll'll die lien to tllla llecurlty liwt,,_., If L..., .,.,.,,.. tlllt .., part of till Prtport)' 11 MJact to a 114'1 •ldl -v attain priority -the lacurlty lnat..-t, l....,. -v 1lva lor-• notice ldlntlfyll'll tllo lltn. IOI',,_ lhall Ntlafy tho 11 .. or take -or mr• of tM ectl-Mt fortll abow within 10 •va of tlll 1lvl111 of notice. 5. llaUnl or Property ll'llUI'_., lorrw llhall kMp tho l~tl ,_ ulatll'll or hereafter -ttd an IM '"'9l't)' ,,_.. 111lnet 1 .. llr fl,.., hlnrck Included wltltln tlll t"9 ._tandld -.... and.., otllal' llaltlna, lncludll'll fl_. or floodll'll, for lllhlch Lendor....,, .... 1 ..... _., Thi• llWlll'-• ellall be •lntalnad In tlla--. 81111 for die parl• thlt Lendor r ... 1..... The lnaur_. COl'rlor provldl,.. the 1111111'-llhllll be clloNn llr lorrw Ujact to L..,.,, ...,_1 •tell "'811 1111t be l.IV'WOlllMy withheld. If 1or..-r fall• to •lntaln -... doacrlllad .,.., L....,. _,., at Lendar•• ,.tlon, obtain c_,_ tu protect L.,.r•• rltht• In the Property In ecconlenc• with par .. r..-7. At all ti-that tM llOte la -•taniu,.., the llOrttalOf" lhall •lntaln ,,..._.with rnpect to die ,,_._ 111liwt lldl rlalla 11111 for IUdl -t• • --t-lly lneuracl ... ,.,., and""'' • tlle --.. M end ..,....., 1U prt911m In reopact thereto, lncludtrw, IM not llalted to, all·rlalt ,_._. protactl,.. tlla lnt-t• If dll llort...., 81111 llort"'" 111hwt 1-or ._.. to tlla ,,..._ ~ fire, lllllltntne, and otlW ~ltl• cu.t-rllv lneured •liwt Clncludl,.. boiler uploalon, If epproprlatel, with a unlf-atandu'tl utanded c-- •lllllrWll, lncludtl'll dlllbrla ..-1 c-r .... IUCll liwurwe at all ti-to be In an_, not 1-than the full ,.,._ -• of till ,,..,_, 111cluelva of foott,... and f_.tl_. All •-p11Ucl• and ,_,. allall be .-ptlbto to L....,. and .Ull lncti.-• atlnllnl aort .... ct .... Lender allall !law thl rl"'t to hold tlla pollcl• and ..-ta. If L...,. ,...1 .... , ..,_ allell 1w••1tly 1lva to ...., all Neelpt1 of paid ,,_11m end ..-1 nott-. In tile want of ION, lorrw ahall 11w ,....c notice to the lneur-• c1rrlar and L....,, L...,. _,, aallt proof of ,_ If not aadt pr11119tly 111¥ lorrw. Uni ... L..,. and lor,_r othtnilM..,.. In wltl,.., lneur-• procatda llhllll be w&ltd to reator1tlon or r.,.lr of tht Pl'Gpfft)' .....,, If tha ,..toratlan or ,..1r 11 -1c11ty f-1111• and Lll'llllr'• -lty I• not IMaanad. If the roatorat1111 or repair la 1111t •-lc1lly f-11111 or Lendor'• -lty wmild Ila t.....i, till l111W11Se ,,__. allall be ll!IPllad to tho -HCurld llr tllo lacl.rlty 1111truaent, lllhatller or net tlllll u, wltll.,. -. paid to lorrw. If lorr-......... tlMt Praperty, or.,_ not -r within :SO._ a notice fnm Lanftr that tho lnaur_. carrier haa offered to Mttla • clai•, than Lander _,, collect tht lnaur-• procetda. L...,. ~ ·1· OR: 2138 PG: 0431 FORM 0 Uff th• procttdl to repelr or reatore the Property or to P"Y .... oecured by this Security 1,.t..._..t, ""ether or not then ca.. Tiie JO·cllly period wl 11 begin ...,.., the notice 11 •I led. Unleao Lender rd lorr-r otherwlae egrN In wrltl,.., .,.., mppllc•tlon of proceede to prlncip.I oh•ll not extend or postpone the ca. clllt• of the --.thly pe_,u referred to In peregreph 1 or ch.,,.. the -.nt of the peyMnU. If under peregreph 21 the Property 11 llCqlllred by Lender, llorr-r 11 right to .,.., l,.urenc:e pollclH end proceede result I .. fr-~ to the Property prior to the eequilltlon lhall pul to Linder to the eatent of the .... secured by thlo Security 1,.tr.-.t l..cllately prior to tht .equlaltlon. 6. Occupancy, Pr ... l'Ylltlon, Mlntwwic:e rd Protection of the Property; lorr-r•s Loen Appl iution, ltueholda. IOrrowr llhtll OCC"1f', ntabllah, rd UH the Pruperty •• lorr-r 1 1 prtncl119l rnldence 11lthin 1bty dllyt after the tHcutlon of thh Security 1 .. t~t rd ahall continue to ocC"1f' th• Property u lorr-r•a prlnc\1191 rHlcMnce for at 1-t one year after the dete of oc:c..pency, 1.r1lH1 Lender other111 ..... -In 11rlti .. , Ylleh conaent ohall not be ...,.t11onllbly withheld, or 1.r1lH1 ••t.,.,..tl .. clrc ... tenc:ee ealat ""lch are beyond lorr-r•a control. lorr°"'r &hall not dntroy, ....,_or 1..,.1r the Property, allow th• Property to deteriorate, or c-lt -ti on the Property. lorr°"'r ahall be In defMllt If -forfeiture 11etlon or procftcli .. , ""9ther civil or erl•lnel, 11 betlln that In Lender 11 good f•lth judgmnt could result In forfeiture of the Property or otherwise •terlally ltaptlr the 11 .. creeted by this Security l,.tr-t or Lender's security lnterHt. lorr-r •Y cure such• cillfMllt end ral,.tete, a1 provided In paregreph 18, by c_I,.. the action or proceeding to be dh•iaaed with I rull,.. th1t, In Lender•• good faith dlltermlnatlon, precludes forfeiture of the lorr-r'1 lntereat in the Property or other •terlel 1..,.1....,.t of the l IM created by this Security 1 .. t...-t or Linder'• security lntereet. llorr-llhall tlao be In •f11.1lt If lorr-r, during the lOtn mppllcatlon proc.11, .. ,,. •t•rially fal" or lneccurtt• lnf-tlon or 1t1t-U to Lender (or failed to provl• Lender with -•terlal inf-tion) in •-tlon with the loen evlcMnced by the llote, Including, but not l l•lted to, repr...,tatlone concemlng lorr-r•s occupancy of the Property• 1 principal reelctance. If thh securlt'f ln&tr..-it la on a leuehold, aorr-r ah•ll CIJllll)h' 11lth 1ll the provision of th• 1..... If llorr°"'r acqulrn fft title to the Property, the leuehold end the f• title llhall not .... 1.r1ln• Lender ... _ to the ..... In writing. 7. Protection of Lender'• llght1 In the Property. If lorr-r fall• to perform the c-t• ...:I .. •-ti contalllld In thla security lnatr..-it, or thtrt 11 e lee-I proceeding thet •Y slanlflnntly effect Lender'• rights In the Property (such u • proc:eedlnt In benkruptcy, probate, for conde91etlon or forfeiture or to .,force 1-or reeulatlone), then Lender •y do and pay for what.,..r 11 necn11ry to protect the velue of the Property rd Lender'• rleht• In the Property. lender'• Kt lone •Y include paying.,.., .... secured by 1 Ii., which hu priority -• thh Security lnatr...,,t, 91'P'erlng In court, peylng r ... onllble 1ttorney1• fees rd entering on the Property to Mke repelro. Althoueh Lender My t•k• 11etion ...i.r this peregreph 7, Lender does not have to do IO. fnl -t• dlebursed by Lender l.rld9r thla peragreph 7 &hall becom mdditional debt of lorrower secured by thia leevrlty 1,.tnmnt. UnlHI lorr°"'r end Ltrder egr" to other term of P"'191'\t, these -t• &hall bHr interKt fr• the dllte of dlsbur-t at the llote rite le, with interest, upon notice frm Lender to llorr°"'r requesting pa._....t. a. Mort .... ln&urenc:e. If L •• e cOfdttlon of Mkinfl the l ...... secured by this Securlt11 l,.tnmnt, lorrower •h•I teln the .. rtgage lneurence in effect. If, for .,.., reason, the mort .... I or CNln to be In effect, llorr- lhtll pey the pr•I ... r.,..tred to ao.Dt.,tlelly equl lent o the mort .... lnaurance pr"i-ly in effect, 1t e COOlt aat.,tially val t o t • c r of t .. .... lnaurenc:e previ-ly In effect, fr•., 1lternete .. ,t .... 1 .. urer IPPr. ved tl11ly I lent mort .... lnaurenc:• c-r ... Is not evtlll1ble, lorrower &hell P"Y to l to ona twel th of the ye1rly .. rt.-lnaurenc:e pr•h• bet,. paid by llorr°"'r t to In effect. Lender 11ill accept, UH .id retain theee pa~tl al I e. LOOI& r'"r"" pe,-.ts MY no loneer be required, It the option of l t e t and for the period thlt Lender requlrft) provided by 111 lnaurer I l8llff 11 obtained. IOrrower shall pey tht pr•I ... required to •lnteln 91>1' rnerve, 1.r1tll the r.,..1r-t for mort .... lnsurence ende In 11eco r and Lender or wltcabl• 1111. 9. lnepectlon. Lender or and lnapectiQllS of the Property. Lender ohtll 9IYC1 lorr-r notice e I fytne r ... onable c-• for th• lnapect Ion. 10. Condlmlltlon. Tht proc , direct or CQllS~tlel, in conrwction with 11'/Y condllrlatlon or other taklnt o convey.nee In lieu of c........,.tlon, ere hertbl' uat..-d end lhtll be paid to Linde aklnt of the Property, the proc: ... 1h11l be Wiied to the .... uc:ured by this security not then ca., with .,.., HCHI paid to lorr-r. In the event of • partl•l tll<I .. of the Property, in • fair Mrket velue of the Property imedl•ttly before the ttklng 11 ..-1 to or grNter than tht -..t of th• .--secured by this security ln&tr--'t lmedl•t•ly before the tlklng, ..,1 ... lorr-r and Lender otherwlH ear• In wlt\f'41, the .... 1ecured by this Security lnatr...,,t lhtll bl r-*'ced by th• -t of the proc ... multlpl led by tht followl,.. fraction: <•> the tot•I -t of the .--uc:urld 1..itatel11 before the tlklng, divided by (b) the f1lr •rket v•lue of the Propert'f 1..clletely before the ttklf'41. Any bllenc:t ah•ll be paid to lorr-r. In the event of • partlel telling of the Property in ""lch the fetr •rket velue of the Property 1-.llately before the Ultlng 11 Ina than th• _,t of the 1.-secured l..cltatel'f for the taktne, "''"'Borrower end Lender otherwlH egree In llf'itlng or 1.r1ln1 eppllcebl• 1111 other111 .. provldH, the proceedl 111111 bl eppl led to the .-ltCVl'ed by thh Securlt11 lnatr...,,t whether or not the s..a 1r1 tlltn .a.. Unlffl Lllldtr end llorr-r otllerwlH ..... In 11rltlne, .,.., mppllc1tlon of proc:MCll to principal ah•ll not extend or postpone the mi. dlte of the ..ithl'f paYMflt• referred to In paragraph• 1 or ch-.e the -t of such ....,u. 11. lorr°"'r llot l•IH•ed, Forbeerenc:e ly Lender llot 1 llalYC1r. Eat-Ion of th• ti• for pa_,t or 9Ddlflc1tlon of -thatlon of the sim ucured by thl• security lnstr_,t gr.,tld by Lender to -succeesor In lnternt of lorr-r llhall not operate to rel"'• the liabll lty of the orl1inel llorr°"'r or lorr°"'r'• aucceesors in lnt1r11t, l~ 111111 not bt required to c-• proctedl,.a ... lnat -succeesor In lnternt or refUH to extend ti• for ~t or otherwlu modlt'f -tl11tlon of the .... secured by thla Security lnst~t by rMaon of -demnd _. by the orltlnal lorr-r or aorr-r'• auccnsora In lnterHt. /Al'lf forbterenc:e by L.,.,. in uerclslne .,.., rllht or r--llhall not be • ... Iver of or preclude the e .. rclH of -right or remdy. 12. SuccHsorl end Asal.,. lol.rld; Joint rd S.YClr•L L labll lty; to-st.,,.ra. The covenanu rd ••-ti of thll S.Curlty lnatnmnt llhall bind rd benefit t11e succeesors end ••lllM of Lender end lorr-r, aubject to the Provl•I-of par11raph 17. lor•-•'• c-t• a .. r-tl &hell bl joint and aewral. • lorr-liho co· 11 .. thl1 s.cur1t11 lrwt~t llut doff not euc:ute the llOte; <•> I• co·el.,tne thle S.Curlt11 l1111tnmnt onl11 to -t .... , vent end c.-y thtt lot'•-•'• lnt•re&t In the Propert11 ...i.r the te1'91 of tlll1 Securit11 lnatnmnt; (bl 11 not per•-11'1' obi l .. ted to P9'f the .--_..,.eel by thh Security l,.t~t; rd (c) .. ,_ th•t Lender ...:I - other lorr°"'r 9111 ..... to eatend, modify, forbnr or Mke -11ec-.letl-11lth r ... rd to the te1'91 of this S.Curltv ln&t,,_t or the llOte without th•t lorr°"'r'• c-t. 1J. Lo.. c:ller.... If the IOtn -..red by thla Security lnet...-t I• Sl.Dject to• l111 which Ht• -1- l0tn cher ... , d thet 1111 II flnelly Interpreted eo thtt the lntereet or other l0tn cllar ... collected or to bt collected In ~tlon with the lo.. eaceed the 119rmltted li•lta, th.,: <•> -such IOM cll•f'99 llhall be rect.ced by tile ~t ,__,.., to raGic• the charp to the permitted 1 l•lt; a Cb> .,.., -•Ir.., coll11etld fr• llorr°"'r which eaceedld P9'9ltted li•lt1 will be rtflftled to aorr-r. Lender •Y ch-• to Mite thi1 refund by r-.Clne the principal owd ...i.r t~• llote or by Mltlng a direct pa)'Mllt to lorr-r. If 1 refllnd recU:H prlnclpel, the r-.Ctlon will bl tre1ted • a partial prepaymnt without -prepeymnt dl1rp Ullder the llote. 14. llotlcn. fn1 notice to lorr-r provided for In thll securlt11 Jnatnmnt &hall be 1lven by de11Yerlf'41 It or by Mlllnt It by flrot cl•H Mil W1ln1 mppllcable 1111 required UH of -ther •thod. Tiie notice ah•ll be directed to the l'ropert11 Addr111 or 11fi other lddr•• lorrover dellptft by notice to Lender. fnl notice to Lender llhall be 1lven to llorr°"'r or Lender ""en given•• provided In thie paregreph • .... >ed.wp OR: 2138 PG: 0432 fllM 0 15. Gowrnl,. Law; Severobility. Thia Security lnstr~t •hall be eoverned by hderal law end the l1w of the jurlacllctlon In whkh the Property h located. In the event that 111'1'1 provl1ion or cl-• of thh Security lnet.--t or the llote conflicts with .ppllcobla law, 1uch conflict shall not affect other provhi-of this Security lnetr-t or the llote whkh c., be given effect without the confl ictlne provision. To this end the provt11-of thh Security lnetr..-it and the Note are declared to be severable. 16. 11c>rr...,.r 1 1 Copv. lorrower shall be given one conformd copv of the Mote and of this Security lnetr._-,r, 17. Tr-fer of the Property or• 8-flcl1l lnterfft in Borrower. If ell or llrl'I part of the Pniperty or ...,, lnterfft In It 11 aold or tr-ferred (or If • beneficial lnterfft In lorr...,.r h sold or tr-ferred and lorr...,.r la not 1 natur1l per1on) •lthout Lender'• prior wrltt9'1 c-9'1t, Lender My, at itl option, NICJ'ire l~l1t1 pa~t In full of all s ... Hcured by this Security lnetr..-it. H.....ver, this option shall not be .xerclHd by Lender If exerclH 11 prohibited by far1l law u of the date of thi1 Security l111t..-t. If Lender 1x1rclled thh option, L.,,..r 1hall give lorr...,.r notice of acceleretlon. The notice shall provide• perlad of not llH th9'1 30 diva tr .. the dlu the notice 11 delivered or •lled within which lorr...,.r .. t pay all a... ucured by thh Security lnetr.-.t. If lorr...,.r fall1 to pay thH1 .... prior to the Hplration of this period, Lendlr My lnvob any r.-dlea pal'llltted by this Security lnstr.-nt without further notice or dlMr.i on lorr...,.r. 18. lorr...,.r•a light to l1inot1t1. If lorr...,.r -t• certain conditions, lorr...,.r shall have the right to have 9'1forc_,t al thh Security lnat,._t dlacontlnu9d et ..,, ti• prior to the urlier of : (1) 5 days (or such other pordod u .ppllcoble 1 ... -Y apeclfy for rei,...tet-.t) before Hie of the Pr-rty -•UW"tt to """I -r of ule contelned In thh Security lrwtr._,t; or 9'1try of • judgMnt 9'1forcina thll Security lnatr-t. Thoae condltione are that lorr...,.r: <•> pays Lender 1ll .... which th9'1 wwld be ct. lllditr this 5ec:urhy l111t~t and tlll llote .. If no accel1r1tion hid occurred; cur• end default of ..,, other c-t• or 11r-ta; (c) pays •ll upenHS incurred In anforcl,. this Security l111tr.-.t, lncludi,., but not ll•ited to, reuonebl• 1ttorney•s f-; end (d) tlkff auc:h action 11 Lender •Y rHaonobly require to 111ur1 th•t the 119'1 of this Security llWt.--t, L.iclllr 11 rights in the Property end lorr...,.r•a obi lg.utan to pay the .... secured by thh security llWtr-t shall continue unch~. Upon reinatat-t by lorrower, this Security lnotr..-it and the abl igatlona secured herlboy lhall •-In fully effective u ff no acceleration had occurred. However, this riaht to reiMtet• shell not .pply In the c .. • of acceleration under porqraph 17. 19. hi• of llote; Ch.,.. of LOWI Servicer. The llote or a portial interest in the Note (together with this Security lnatr_,t) •Y be sold one or more ti-without prior notice to lorr...,.r. A sale My result in 1 ch.,.. In the .,tity (known aa the •Lo.. Servicer•> that collects monthly pa.,,....ta ct. IA'lder the Note and this Security lnatr-t. lher• also •Y be one or more ch.,... of th• Lo.. Servicer unrelated to a ule of the llote. If there h • chanee of th• Lo.. servicer, lorr-r will be . notice of the chanee In accOt"mnce with par19raph 14 and ll!lPllcebl• 1111. The notice wll l 1t1t1 !!. ~ ~ the new Loan s.r ... icer an! the lddr•• to which pay99'1tl ahould be Mela. lhe notice wll l c,IJll: r Ion required by .ppllcoble 1 .... 20. Hazardoue lublltancH. lorr not •-• or l~ prHence, .... disposal, stOt"-. or ••I-• of any Naiardoue lublltancH on r 1 Property. lorr...,.r ¥.\' t do, nor allow anyone el•• to do, mnythi,. 1ffecti111 t111 Property thlt In oletlon of ...,, Erwlr-t l L The precedi111 two ""tenc• shell not ll!lPlY to the prHanCe, UH, or 1 e rt of I qu1111 tlea of Ma11rdoum s..tlat.ic• thet ire ... rally recCllftlzed to be .ppraprl • t no ld9'ltl1l to Int • of the Property, lorr.-r shall pr°""tly tlve Lender wrl .,. notice inveatl etlon, c •I•, deMnd, I-ult or other action by ...,, ..,,...,_,tel or reauletory y a y ...,, Ha&erdou9 S<mt.ice or Erwlron99'1tel law of which lorr-h r , o la notified by .,Y eowr...,,t1l or reaulatory 9Uthorlty, that ...,, r val s tance effectlne the Property ii nece111ry, lorr...,.r ah1ll prmptly •with ErwfrQM99'1tal Law. Aa UHd In this par11raph 20, •w11 u toaic or hazardoul 11Dtanc• ~ Erwir-t•l L111 and the follow ng le or tOJ1ic petrol-procb:ta, toxic peetlcldea and herbicide&, vol or f-lcllhyde, and radioactive Mtarlala. Aa .. ed In t federal 1-and l-of the Jurhdlctlon Where the Property h loc ironmntel protection. Z1. Acceleration; •-•llH. L for to acceleration followi111 lorr...,.r•a bl'MCll of ...,, c-t or 11r I• Security l!,tl\U (but not prior to acceleration under par11rllph 17 "1lfft .ppll1:1bl1 law provide& her . t'-h specify: C•> the default; Cb> the action required to cure the default; (C) a date, not ~J@. he dete the notice h given to lorr0011r, by which the mfault -1 be cured; -Cd> that letlu •default on or before the dete •poc:ilted In t~• notice •Y re111lt In acceleration of the , ... secured by this security ll"llltr.-.1, foreclosure by judicial proceectl,. end Hie of the Property. The notice 1h1ll further tnfol'll lorrower of th• right to r1inat.c1 after 1eeel1ratlon and the rleht to 1111rt in the foreclosure proceed!,. the non·Hi1tenc1 of a default or...,, other dlf-of lorr-r to acceleretlon and forecl01Ur1. If the default ia not cured on or before the date apecified in tlll notice, L1t'lclllr, 1t It• option, •Y require l~tl!e pa.,,....t in full of all s ... secured by this Security lrwtr-t without further demnd -•y foreclo11 thl• Security lnatr.->t by judiclel proc-1111. Lender shall be entitled to collect 111 expe....H Incurred In pursul111 the r.-dlH provided 1n thl• poregrepll ;?1, 1nclud1ne, but not 1 l•lted to, reaaonoble ettorney•a f ... end coau of the title evidence. Z2. l•l-. Upon payment of •ll .... secured~ this Security llWtr-t, L«'lclllr &hell rel-thh SeclM'lty llllt~t, 11lthout cllar11, to lorr-r. lor•-• shall pey ...,, racordatlon coats. 23. Attorneys• ,.... Aa ..... In this Security lnat.--t and the Note, •attorneys• f-• shell include ...,, attor"9)'1 1 f ... -•did by an ljlpell•tl c-t. Z4. lldera to thta security lnetr..-it. If one or .,,. rider• •r• eaecuted by lorr...,.r end recorded tOllthar with thh lecurlty llWt.._.t, tlll ro-tl and 11r-t1 of each such rider shell be incorporeted into and lhall -.i and Mjj!pl_,t th• covt1W1t1 and 11•-tl of thi1 Security ll'llt,._t u if the rider(I) •re a pert of this Security lnat.._.t. <Check AA>l lceblt loll) 0 AdJ .. tobl• lite lfder 0 l•t• lmprov_,t lider 0 Gr ..... tedP-t I Ider 0 1-4 f•ily llder 0 lell-. llder 0 11-'tly P•-t lld9r 0 ~lnlum llder 0 Second W-llder 0 Planned unit Devel.,,....t Rider 0 Other(I) (apecify llGlllllG NLOll, lorr...,.r accepts and ...... to the tel'IOI and covtn1nt1 cont1ined In thia Security lnatr..-t and in -.. rlder(I) IKecutad by lorr...,.r and recorded with It. lllNd, Haled and delivered In the presence of: ... 0 lt11Wture1 ____________ _ 'rlnt -·------------- ll11Wture:. ____________ _ Print ._, ____________ _ llATI OF fi?'(tdk CllUITY OF (J, f6fl:. I llereil¥ certify tMt an °""'"' OR: 2138 PG: 0433 Sl-ture: _______________ cs.11 torr..,..r Addreu: Sl-t11re: _______________ CS.ll lor•-· Addntea: hwt,_t.,.. ecknowleclllild before• ,,..,~'P~'."""'=~~""'-di411\:uwfor the purpoN therein ...,....i. lllMD Ill' hand .,. official aeal In the County and Stat• aforeaald thla __ /_ dri of 0'1:'•'.11'1 fJi-!Q, 19 '~ *** OR: 2138 PG: 0434 *** Lot 31, Block 7, AMBNDID PLAT OF NAPLES MANOR IXTBHSION, a• abown in plat recorded in Plat Book 3, Page 101, Public Records of Collier County, Plorida. Pile No1 95-395 2026307 OR: 2151 PG: 1983 ucou11 11 omcw UClllll of C1UU1 19!1, n 02/23/!6 at ll:lln DllCI! 1. am, CUii Femi 0 UCClla> NOllTGAGS Itta: GUWW mu lllVICIS COii rm ur GIU aw llC IU ICIC•.35 1111 llCDll _,_ <-..Wlty .,,.,,,_,., 11 given on ........,... n , '"..1..· TM ...,,. _,....,. ••• hill lo Glrrldo .. ,. IC'U)'J l•llll lllTM ell tlle 1., 01-1t1 JllMll .oirc:liiih"'1_..,,IP!1C11 ~ . ..-.. ,..,,,., ....... ~~·~~~~~~~~~~~ _. ........ 1 pert of the praperty. All Al I of tile ,.,....,,.. le referred to In --·.... t 1rent end coiwey die Pl'Glllf'tY llld t o1w..-..--~ ~ ... will.,.., ...,..11, tit. ~-er'Clllliri:Y-.1111nil\ ofrwwd. Hll •CUl&T'f l .. l .. llT {cGl9f!~~i'tCJl~rq...ltlllltq-i(.-.._i\ti~n.1~ -••tlen 11111' Jurtedtctlen to eo1111 ltvt • .. , ... COlllllAllfl ..... 1. ,...._ of Prtnclpel ..,_, ... ul••t~~Mliwli •II .......-1y ,., ...,. .a.. the prlnclpel of .,.. lnier.t on tho z. T-. TM llDl't....,. 111tor ret• prior to die -nal of ""..,.ltl• or tnt-t u..r-. Tiie lltrtlllllr IMll P1Y ly lllGam u, CA>C1> ell t-end ..,__ .. , -.... of ,,,, kind wt or levied •IMt or vUll Nlplet to tlw """"'' CZ> •II utility 11111 , lllCUl'red or 1..,...i for tilt ..-.tton, •Int--,.,.., OCC\IPll!CY, 1.P"P <3> ell ~a or ....... ...,..1wot1I dw'tlll that my llilfully be peld In trwt , the llortllllellr ellell be Gbll•ted "*'" tM llDl'ttl9t ta,,.,• -to be peld only -ii · red to be peld .-1,.. tho t-at tile llDl't .... , 11111 ellell, lll'GlllPtll' •ftor tlle .,.,..,,, of .,,, of to llDl't ..... evldllli:9 of Mll:ll l!llllmlll. J. Wllcetton of P._nt1. ~,_. 111pllcebl• I• prvwt• odlenlt .. , •II,..._., recelwd llW L_... •11 be wtted; flnt, to lnter•t .. , 11111. to prlnct .. I .,., .,., l•t, to -or lato ellerte9 .. ~ tlla llata. 4. c:Mreel; LI-. ilOf"rw lllell llAl' ell t-, •••-nt1, .,.._.,fl-w 1 .... hl-attrH1utelll1 to tile Pnpert\f 11111• -r atteln prlwlty -tlll1 Security lrw•-'• 11111 ,....,.,d ,..._., or ...,... ,_., ff -. • ..,,_ tllall prellptl\f flll'nlell to L.,... ell noel.-of ~· to be peld .....,. till• ..,. ........ ..i ell ,_1,_, evl9'1:1"9 tile ~·· llr-"'811 ....,..1y dltehllr11 lftt lien lllllcll Ml prlerlty -tlll• ._.tty lrwt,_ ...i-..,..._, (a) _... In wltl'W u die ...-nt of tlw el1ll ... l111 _._Ill' tile lien In• -....,...,, t• L..,.; C~> cm1t•t1 In lllllf fatdl die lion a.,, .,. .-. ..... IMt lllfm-.C of tlw 11111 In. l•I ........... lllltcll In die L.-1 1 .inion ..,..., te ,,.-.. tile Inf~ of tile 111111 er <c> -frem tile llal• at die l1111 lft ..,_.. 1Ml1factGr\f to L .......... 1Mtl"9 tile lien to tllla Security lnat..-t. If Ltndlr dlt-1-tllet .,.,, ..,., ef tile ~ II •Ject U a lien ••cti -r eualn prlerlty -tlle lecurlt\f IMt..-C, L....., mlf 11w ler,_ • -IM t .... ltyl,. tu 1t111. llr-lhell .. t1afy tho lien or teb -or-. of tile ectl-Mt fertll.....,. 11tt111n te-.. ef die 11¥1"9 of -··· 5. ....,,, er ,,.....ty l'*"WI· lotrw •II Hip tho I•• -It• -•lttl"9 or ..._.tor w.t• en tlll""""' i...... 111IMt 1-bw' fire, ..._. Incl..-. vltllln tile •-._,...,... _...., ..i .. ....., .....,.., lncluitlnt fl ... or flllllill"9, for lllllcll L_... ....,,,. •-· 11111 ,_•II • •IMal ... In 1111 -· IN far tlla ..,.,_. ltlaC Londlr requlrea. Tiie ,,..._ carrlor P"Wldl"9 tile 1-tllall ... .._ 11111' ..,._ Uject ta Lilldlr'• wr-1 •lch •H not be w-llllly 111t11Mld. If larr-fell• t• •lnteln -... ..,., ... ...,_, L-* _,, at Londlr'• option, obteln -..m to pn1tect L..,,, rlllltl In Illa Praparty In __ .._ vltll ..,..., .... 7. At all ti-tllat tlle llOte 11 ..Catendl,., the..,.,.._ •II •lnlltn 1--vltll ,.....t te tile ,._._ ...... t .... rt.U llld •• aldl _., • ,,. -t-nv 1--i "'lrwt IN ...... • t11a --.. .,. ..i im\lllll•, all ...-i-In reepect tllereto, lni:h.1111'4, 11111: not 11 .. ted te, •ll·rtlll ,,__ llf'ltlCtl,. tile Int-ti ef tile lllrttllll' w ..,, ..... 1111Mt lOM ....... to tile ,,_I_ bw' fire, llllltnl"9, 11111 MW -ltl• c111t-tl\f llllUl'ed 111lrwt Clni:ludl"9 boiler upl•lon, If ...,...,.11t1)1 111tll • wilf-,,...,... •t..._ ...,. ... • .,_., lnclllil"9 dllwlt r-l -.... lucll INUrence et all u-to be In on_. not I-IMn tlll full Niii_. coat of tlle Pr•I .. , uchalw of tooth• end f..,.tl-. All I-pollcl• llld ._1, •11 lie -.tllll• to L...,. 11111 ellell Inch.Ill • •t..,. -..... cl-. Llllder 111111 !law tlle rllllt to !\old the pollcl• 11111 ..-11. If L...,. ,...1,., llr,_ ellall ..,...ly 1lw to ...., all ..-lpt1 of peld pr•ll8 n ..-l Nit le•. In ti• -" of ,_, ..,_ •11 gtw .....--•• t• tlle ,,__carrier llld Lender. L..,. -.y .u proof of ,_ If not _. ..,...l" 11111' ..,,_, URl_. Lllllllr lllil ..,.,_r othlrlllM..,... In wltl"9, ,,..._..,.... •u be wtl• te ,...torett111 er repair of tlla '"""'" 4-1od, If tlla Nltoretlon or rtp11lr I• ...-tcelly falellll• llld L_...'• -•tr t1 Mt laa...,. If tllo Nltoretlon or rtp11lr 11 1111t -lcally f-1111• or L...._,, -tty -.&Ill • l......,1 tile •--........ Mall Ill Wiied to tlle --..i llW tho ._..,ty IMt~ • .....,. ar IWt 111111 M, vita.,,, -1111111 to ..,_, If lor,_ ...,.,. tlle Pl'Cll*'tY. or ... 1111t -11ltlltn JO._,. a Mlltce fnm L~ dl9C tlll ,_._ -rler hal offered to uttl• a clal•, thon Londlr my oollect tho •--......... L..,. ml' ·1· ........ 25tt.H Z§H.M 2Ut t.n OR: 2151 PG: 1984 FmllO UM the proc.-to r1palr or rHtora th• Property or to IM'Y ..-aecur9d b)' this Security lnet~t. wther or not then Gia. Th• JO·day period 11111 bet In lihen the not le• I• -11..i. UnlH• L..,.r end aorr-r otherwl .... r .. In lll'ltlne, .,,.,., 1A>llc1tlon of proc..m to principal shall not ••tend or postpone the ca. mt• of the 8nthly ~ta rtftrrld to In per19rapi 1 or thllftll th• _,...,t of th• pa~t1. If ... r par .. rapi 21 the Property I• ecqulred b)' L.,.r, lorr-r•a rltllt to.,,.,., lneut-• pollclff n proce9dl rHultlne fr• cl-.. to the Property prior to the 8CCJ,llaltlon ahall IM'H to L.,.r to the ••tent of th• ..-atcur.t b)' thla Security lnet..-t 1--'l•t•ly prior to the acqul1itlon. 6. Occupency, Pr ... rvatlon, l&alntlfWICe end Prot11Ctlon of the Property; lorr-r•a LNn AJ!pl lc1tion, LMMllol•. lorr-r ahall occupy, Htabllah, end u .. th• Property H lorrawr•1 principal rffldlnce 11ltllln aiaty IMya after the uecutlon of thl1 Security lnetnmnt and lhall contl,.. to occupv the Praperty • 1or,._r•1 prlnclpel rHl-.:e for at loaat one yur aft•r the dat• of occupancy, \I'll ... L..,.r other11t .... r-In wltlne, ljjifcll •-t lllall not bt unr ... onably 11hhllald, or unlH• ••I-tine ctrc ... t-" •alat Illich era~ lorrowar•a control. lorrawr ahall not daltroy, dallaeo or iapalr th• Property, allow tha Property to •terlorate, or .-It -t• on the Property. lorr-r ahall bt In daf.ult If .,,.,., fof'faltura .ctlon or procaldlftl, llllttller civil or crl•lnal, 11 bagll'I that In L..,.r 11 good filth J......,.t could rHUlt In forfolturo of tha Property or othanll .. •terlally lapalr the I IM cr11t9d b)' thh Security lnet,,_,t or L.,.r 1 1 ucurlty lntorMt. 1or-may curo -"a def.ult and relnetate, 11 provld9d In .,.raeraph 11, b)' •-lne the .ction or proctedine to bt dl•lalld 11lth • rultnm that, In LMder 1 1 good faith determination, precludn forfelturo of the 1orr-r•1 intarnt in the Property or other •tarlal lapalNMt of the llM croated b)' this S11c:urlty lnetnmnt or Lender'• aec:urlty lnterMt. lorr-r ahlll alao bt In daf.ult If lorr-r, durl"ll th• lo.i -wllcatlon procaH, ..,.. -torlally fa\11 or ln.ccurata lnf-tlon or 1t•t-t1 to Lander (or failed to provide Lander 11lth .,,.,., •terlal lnf-tlon) in c-tlon 111th tM lomi avldenc.t b)' th• Note, lncludlne, but not ll•lt9d to, reprnantatl-•-amine lorrowar•a occupancy of the Property aa a principal rnldance. If this Security lnatrumnt la on a INMllold, lor,._r ahall c-..ly 11lth all tM provlalon of the 1..... If lorr-r acqulrn fH title to the Property, tM llHlhold n the fff title allall not •r .. unlH1 L.,..r 11r-to the •r .. r In wltlne. 1. Protection of Lendlr't llthtl In the Property. If lorr-r fatlt to p1rf-the •-ti and 11r-t1 contaln9d In thlt Security lnatrumnt, or there la a 1 ... 1 proctedlne tllat may alanlflcMtly affect Lander'• rllht• In the Property <-" • a proca9dlne In blr&n,.ttcy, probate, for c~tlon or forfeiture or to enforce I-or r1911latl-), thM L..-r •Y do and pay for lihatewr h nacHaary to protect the velua of the Praperty and Lender'• rltllta In the Property. Lendlr 1 1 act I-•Y lncluda paylne..., -aec:ured b)' a lien Illich llaa priority over thla Security lnatrumnt, appaarlne In court, paylne raaaonabte attorneya• f-and Mterlne on the Property to Mlle repalr1. Althouah L.,..r •Y take .ctlon inter thia paraerllflll 7, Lendar don not haw to do ao. Ant -ta dlabur19d bl' Lendar ... r thh paragraph 7 shall btca. additional dlbt of lorrawr atcur9d b)' thh Security lnat,,_t. i..lnt IOrr-r and Landor at•ff to other ttrm of p1ymnt, thne -t• 911•11 beer lnternt fr• the date of dlabura_,t at the Note rate le, 111th fntereat, upon notice fr• Lander to lorrowar raquntlne peymnt. I. Mort .... anaur-e. If Len:ler''.ncalir~i::ll11'l11111..:::iAMlr'\i:U,,.. 1 condition of ..tl"I th• lomi aecured b)' thl1 Security lnat,,_t, lorr-r aha taln the ...,.t .... lnaur_. In effect. If, for .,,, r-, the -t .... I or •-to bt In effect, 1ar.-r allall pay tM pr•I ... requlr9d to 1.-rentlally equiv lent o the ...,.t .... lnaur-a previ-ly In affect, at a coat ..-t.,tl1lly val r of t ..,. .... inaur-• pravl-ly In affect, fr• M 1lternate -t .... lnaunr llAI" tl11ly I IMt -t .... lnaur_. c-... la not ..,.liable, lorr-r lhall pay to L -· wl th of the yurly -t .... 1-- pr•lum belne psld b)' lorr-r t to In effect. Lander 11111 accept, UM and retain thffe pil'mftt• 11 I •· Lon •-~ta my no taneer be required, at tM option of L t and for the period that lander requlrw> provided b)' .. lneurer ~ la obtaln9d. lor.-ahall pay the pr•h-r..,tred to •lntaln .,r r-, until tM requl•-t for _,t .... tnaur_. enda In ICC and Lendlr or WI I cable lMI. 9, lnapectlon. Lendlr or ~ t •Y .ata reaa and lnapectl-of tM Property. Lllldar allall 1tve 1orr-r notlc;a a ,'~I• of or pt"lor to lfyl"I r-onabla c_. for the lnapectton. ~{ · to. C......,..tlon. The proc -rd or clal• f , direct or c-..-tlel, In -tlon 11lth Wit condlmlatlon or other takl"I of 1,,,; coewey-• In 11.., of corm..tlon, are hlrlll¥ ... .,.... and ahell be psld to Lender. 14 i taklne of the Property, tho........-ahall be ...,ated to the -aec:ured b)' thla security I , not then u, 11lth,,,, -paid to..,. __ In the ~ of 1 par1tal taklne of the Praperty, In felr •rlt•t value of the Property l__.lataly llaf- thl taltllll 111111111 to or er11tar than tM -t of tM ..-MCUNd by thl1 Security lnat..-t 1__.lataly ....... thl talttne, llftlwa IOr,._r and Lender othanilM ..,. .. In wltlr11, thl -llCUl'ld by tlll1 saawtty lnat-1 ahlll be r~ b)' the _, of the proc.-multiplied by thl followlne frectlan: Ca> thl total -of tM --eel lmedletely before the teklne, dlvld9d by Cb> the fair -IL•t value of the Praperty lmedlately .. fore the talllftl, 11nt bet_. shall be paid to 1orr-r. In the event of a partial teklne of the Property In tlllldl thl fair .,kit value of the Property l.-9dlately befM• the taklne la lHa than the -t of tha -lllCUl'ed 1-.dlately for the taklne, uni ... lorr-r and Lendlr otMr11lae 11rta In wtt1111 or unlHa ...,alcllll• 1111 otllenllaa prowl .. , tM proc.-.,..II bl applied to tha -aecurld b)' thla Sacurlty lrwtrumnt llllltllar or not the -are thin u. UnlHa Lllldar and lorr-r othan1t11 11rta In 11rltt111, 11Pf appltc1tlon of proc.-to principal allall not eatand or poatpon1 the due date of tha 8nthly p1ymn11 rtftrrad to In 111r19rap.1 1 or ~ tllt -' of -" ..,....,ia. H. lorrowar llOt lelMlld, forbHr-• ly Lendlr Not 1 waiver. bt-lon of lht ti• for~ or mdlflcollon of -tliatlon of tha ..-atcured b)' thla Security lnatru.Mt 1rentad b)' l.,.... to f//lr'/ -In lnter11t of lorrowar ahlll not operate to rol-e tM liability of the orl1tnal lorr-r or 1or.-r•a ~· In lntll'Ht. L.,.... ahall not be required to c-.ce proceed!,... ... lnat f//lr'/ tuc:cffaor In lntlf'Ht or ref-to eatand ti• for peiimnt or othen1\11 modify -tl11tlon of the --ured b)' thl• lteurlty l111t..-t by rGllClft of 11Pf clamlnl _. b)' the orl1!111I lorr-r or 1orr-r•1 auccHaora In lnternt. Ant forbeor-• by Lander In -clalne ..,. rlllit or r.-cly ahall not be a 111lver of or preclude tlla Harclaa of llP/ rlllit or r .... 1Z. ~ and Aallp lound; Joint end Saveral L labll lty; Co·Sl .. rl. T1la •--t• and ....-ta of tllll lacurlty l111tnmant lllall bind and blnlflt the tuc:ct11or1 and 1111 .. of Lender and 1ar.-, M.9Ject to the Provlal-of 111r11rapll 17. lorr-r•s c-t• and 11r-ta ahall be Joint and -•l. lllfl lor-"""co· al .. ttlla lec:urlty lnat..-t but doff not eaecute the llot•: Ca> la co·alanlne this Security lnat..-only to _.t .... , trent and convay that lorr-r•1 lnUrHt In tha Property under tha term Of this Security IMtr'Ulllllt; Cb) ta not per-Uy obll11tad to pay tha au. atcured 11\o' thlt Security lrwtrumnt; end Cc> 11r-that L..,. and Wit other 1or.-may llrta to 1atand, modify, lorbtar or Mkt lllfi ICc~tl-11lth rtllf'd to thl t•,.. af till• laaM'lty INtnmtnt or tM llOt• 11lthout that lorr-r•a ·-t. 15. LOlll Cilar9ff. If tM loan ateured b)' thla security lnatr-t la 8'*jtct to a 1111 Illich .. u -1- IOlll chlrtae, n that 1 .. la finally lnterpret9d to that the lnterHt or other loan charlff collected or ta ... collected In -tlon 11lth the lomi aacald tM par.ltt9d ll•lta, then: (a) f//lr'/ aucll loan cllar9e 1111\1 ba ..-.Ced b)' thl -i ,... .. ....,. to r..U:e tha cllarte to the panal tted ll•lt; end Cb> f//lr'/ ...a el,... collected frm ..,_ •tell ucllded par.lttld ll•lta 11111 bl ref.....i.cl to 1or-. LMdar -c"-9 to•• tllla refund by re*lctne the principal Oiied under the llOt• or by ..tine •direct ...,_.t to lorr-. If • refund~ prlnet1111, the re*lctlon 111ll bt trMted 11 • partial prepaw-ent 11ltllout f//lr'/ prlpl)Wftt chal'll undlr the late. 14. lotlcH. Ant notice to lor,,_r provld9d for In thl• Sacurlty lnatlWMt ahall be 11-by •llverlne It orb)' •lllftl It b)' first cl11a •ll unlna wllcabl• lMI r..,1rec1 -of -tller •thod. Thi notice 1111111 be directed to the Property Addr111 or 111fi other addrn• lorr-r dHl.,.tH b)' notice to LMdar. lllfl notice to LaNler lllall bt 1twn to lorr-or Lendlr lihtn 1IVM 11 provld9d In tlll• par11raph • . z. OR: 2151 PG: 1985 fOlll 0 15. Governlnt L..,; S.Wr9blllty. Thi• security IMtr.-.t ehell be..,.......-by federel 1 ... end the 1 .. of the jurlldlctlon In Wiich the Property 11 loceted. In the event thet eny prOYlai.., or cl_. of thl1 security lnet,_t or the llOte contl lctl 11lth tA>llc9ble 1 ... , euch confl let llllll not effect other provl•I-of thi1 leurlty lnet,_t or the llOt• lillch cen be 9IYW1 effect 111 thout the conflict Int provlel.... To thl1 end the provl•I-of thl1 Security lnetnaent end the lot• •r• dKlered to be ...,.reble. 16. lor•-•'• Copy. lorr-r ehell be 91,,.,. -c..,formd copy of the Mote ....:t of thll security IMt,._,t. 17. Tr-fer of the Property or • 9-flclal lnterHt in aorr-r. If ell or eny 119rt of the Property or rtf lnter .. t In It la aold or tr-ferred (or If • t.neflclel lnternt In lorr-r 11 eold or tr-ferred ....:t IOrr-11 not 1 n1tur1l per1on) 11lthout Lender'• prior written c_.,,t, Lender •y, et Ill aptlon, require lmldl1te ~t In full of •II -aecured by thh security lnat,.._,t, -· thla apti.., llllll not be eurc:IMd Ill' L..., If •••rein 11 prohibited by lederel l111 ea of the dlt• of thla security IMt,._,t, If Lender eaerclMd tllla option, Lender ehell give lorrower notice of 1eceleratlon. The notice 111111 irovlde • period of not 1-then 30 deV-fr,. the dete the notice 11 delivered or •Heel 11lthln lillch lorr-r -t pey •ll --ured bv tllh Security lnetr_,t, If lorrower f1il1 to pey th ... •~ prior to the 1aplr1tlon of thla 119rlod, Lender my '""""• eny remdiH pel'llltted by thla Security lnat,.._,t without further notice or ~on lor.-r. 11. lorr-r•a llallt to leln1t1te. If lorr-r -t• certeln condlll-, lorr-r lhell hew the rlallt to hive enforc-t of thl1 Security lnat,._,t dlecontlnued et eny ti• prior to the Mrl ler of : <•> S deY8 (or IUCll otlllr period .. wllclbl1 1811 •Y IPIClfY for relnetet-t) before Ml• of the Property purauant to rtf power of HI• contelned In thl1 Security INt,._,t; or (bl entry of • jlldglllnt enforclnt thla security lrwt..-t. TlloH condlU-•rt thet lorr-r: (1) PIY8 Lender 111 -which then lllOUld be ct.II under thla Security lrwt..-t end the lot• 11 If no 1eceter1tlon hid occurred; (b) cur .. end cltfeutt of rtf other c-t• or ..,._t1; cc> i-ra all upe11111 Incurred In enforclnt thl1 security lrwtr_,t, lncludlnt, but not ll•lted to, ...-onabt1 1nonwy•1 f-; end (d) tlk .. -h 1Ctlon 11 Lender •Y rHMnlbly require to 11aur• thet the I len of thl1 Security INt,.._.,t, L..,.r'• rl.,..ta In the Property end 1orr-r•1 obi l91tlon to pay the --..red Ill' thh S«urlty ltwtr.-.t 111111 c..,t1,.,.. unch_..i. Upon relnet•t-t by lorr-r, thla s.curlty lrwt.-t end the abll•tl- -ured hereby 111111 r-ln fully effect! ... u If no ecceleretlon hid occurred. -r. thla rl1M to relnatate ah1l1 not Wly in the CUI of 1CCeler1tlon lftler per19reph 17. 19. Sile of llote; Ch.,.. of Loen Servicer. The Not• or • pertlal lnterHt In the Note Ctoeethlr with this lecurlty lnat,._,t) my be eold one or.,,. ti-without prior notice to lorr-r. A ule •Y r..ult In• dlenee In the entity (llnowl .. the •L'*' Servicer•) that collect• monthly pe~tl ..,_under the llote end thl1 Security lrwt,.._.,t, There 1lao •Y be CIW or..,, ch .... of the Loen Servicer ..,,.•l•ted to • ••I• of the llote. If there 11 1 dllntl of tlle Loen ler11tcer, lorr-r will be 9tven written notice of the chante In ecconllnce with par11reph 14 end Wllceble 1811. The notice 11111 lt8tl t of the naw Loen Ser11icer ....:t the edllreaa to which ~ti lhould i. melt. Thi notice will 11 tlon required Ill' wtlcebte 1 ... 20. h11rdoul Sl.DltencH. lorr ~ prffence, ... , dlepoaal, otor ... , or rel-of ll'f hllrdoul Sl.DltencH on ~ not do, nor 1llaw enyone •IH to ID, ~hi,.. affectlnt the Property thet I ~ t l • Thi precedlnt tllO -t-• 111111 not apply to the pr.._•, .... or 1 r-the Property of -11 tltl of .. 11rdoul 5'.l:let-ff thlt er• ..-rally rec11111l1ed to be IA>foprl • t end to In • of the Property. lorr-r 111111 prmptly 1tve Lander writ en t 11t1on, tel dlmnd, 1...ult or other .c:tlon by rtf ...,..._t1l or reeul1tory y t Pr ty ll'f llHardoul 5'.l:let-. or Erwlr-t1l L811 of Wiich lorr-h I h notified bv eny eown->tal or reeul1tory IUtllorlty, that eny r 11 tence •ffectlne the Property i1 l'llCllHf'Y, IOrr-r 111111 prmptl tlk • 11lth Erwl..-tal L111. Al Uled In thla par19teph 20, •Naz ea tOllc or h111rdoua .-tencH bv lrwl..-t1l L111 end the foll • or toalc petrol-irodUcta, toalc peatlcldll end hlrblcldel, or f-ldehyda, end redl-tlw •terlat1. Aa Uled In feder1l 1-end 1-of the Jurlldlctlon whir• the Property 11 I lr-tal protection. 21. Acc1ter1tton; lemdl•. 111111 1lw notice to lor to -ter1tlon followl,. lorr-r•• breectt of -c-t or 11 'Jt...'l thla Security I but not prior to acceleration under par11reph 17 unt•• ewtlceble 1111 provl ¥tie Thi ~ ~ 1P1Clfy: (I) the dtteutt; Cb) the stion required to cure the defeult; (c) 1 •te, no ~· ~ det• the notice ta 11,,.,. to 1or..-r, by which tlM defeutt -t bl cured; end (d) thet fa · · feult on or before the deta 1P1Cifled In the notice my reeutt In ecceleratlon of the -aacured 1 Security lnat,._,t, foreclMUr• Ill' judicial proceed!,. end ul1 of the Property. Thi notice 111111 further Inf-lorr-r of the rlallt to ,.1nat1te 1fter 1ecet1ratlon end tht rl""t to uMrt In the forecloaure procffcll,.. the non·••l•t-• of • default or .,.,, other *1-of IOrr-r to acctter1tlon end forteloaurt. If the cltleutt ta not cured on or before the dtta lpeClfled in the notice, L.,.,., 1t It• option, MY requtra lmedt11e ~t In full of 111 11m aacuracl Ill' tllia Security lrwt..-t 11lthout further ~ end •Y foreclou thl1 Security lnet,,_.t by judict1I proceacll,... Lender 111111 i. 1ntltlad to collect 111 ...,,...... Incurred In pureul,.. th• remdl11 prcwlded In thla par11reph 21, lncludl,.., but not ll•lted to, r....,.I• attorney'• f-end coat• of th• title l'lldlnce. u. 1•1-. Upon ,.,_..t of Ill ---by thll Security INtr~t. L..., 111•11 rel-tlll• Security INt,,_.t, without ch1r11, to lorr-r. lorr-r lhall pay rtf recordetlon coata. 23. Attorneya• •-· Al uaecl In tllh Security lrwtr-t end the llOte, •1ttonwya• f-· alulll Include eny •ttotnl't'I' f-~ Ill' en 1S1P1ll1t1 court. 24. lldera to tllla Security lntt,,_.t. If one or ..,e rider• ere 1aecuted ~ lorr_, end reconlld t091tlllr with thla Security lrwt,.._,t, th• c-t• end 11r-t1 of uch a4ldl rider lhall be lncorporeted into end 111111 emnd end 1M41Pl-t the c-t• end 11r-t1 of thh Security lrwtr_,t u If the rlder(a) ...,.. 1 part of thl1 Security lnat,.._.,t. <Check Aflpllc9bl• loa> D AdJuateblt lite llcltr D Gr-.ted P1yment llder 0 0 0 lllloon llder ~lnlimi llcltr Plennad ~It DeWl~t llcltr 0 0 0 0 0 1-4 F•ily lldlr S.Cond .._ llcltr Other(a) (epeclfy llm!llG llLOll, lorr-r eccepta end 11•-to the term end c-t• contelnad In thla Security lrwt...-t eNI In rtf rlderC•> taec:uted by lorr-r end recorded with It. llllfted, INled end det lvered In the pr .. ence of: -l- Fc.110 ll11111ure1 ____________ _ Print --=------------- ll11191ure:. ____________ _ Print ._:. ____________ _ ITATI Of Fl,OOIQA CXUITY Of OOTJ.IER I llerellir cert tty 111111 OR: 2151 PG: 1986 st1111ture: _______________ (.S.ll lorr-r ll11Ntur•:...,... ______________ tS.ll lorr-r AddrHa: Slptur•=..---------------<s.t> lor,,_r 11n•• Ill' llllnd mnd offlcl1I -• In the CNltY end St•t• 1fllfftlld 11111 ~ div of Novf"t>er • 1'_95.,. MARIA M. BAUl't3ARTNER llOtery•a 'rlnt .. ._ (llAI.) ·4- _... ... *** OR: 2151 PG: 1987 Schedule A Lot 9, Block 12, AJIDDBD PLAT OP HAPLBS llAHOR DTDISIOH, &a ahown in plat recorded in Plat Book 3, Page 101, Public Record9 of Collier County, Plorida. Pile Hos 95-382 ... 2006362 OR: 2131 PG: 0483 ucouu 11 omcw. DCGlll of cawn a.n, n U/21/15 at tl:21PI DIICll I. llOCI, CUB Itta: rJ.OIIDl TITLI GWAITIJ PICl UP aw ow acm IOC·.35 TIH •am aTllMI C"lecllrltv liwtl'lmnt") la 11_, an pes .. r 1' , 199...1... The lecand llortpgor la: •-GanHlH ..i Marta Ganlalez, huabmnd 9"d wife C"ler-•). Tllla lecul'ltV INtl'\Wt ta 1lwn to Call !tr GMty mt.II 2511.ff U.ff 1.15 ..--..--..-..--...... ....--...--<"L..,..>, lllllch la Of'9Sftl•• 9"d utau,. under the l-of tlle ~lted lt•t• of Jiilrl .. , iiill ™ idlif'W ta W -gh be tr prhs ""'IL-fl•I• ll1!U • lor.._ w L .... tM -of •·-fl• e ••• • i0/1111. cu.1. t.LSD.1111)JT111a cllbt I• evldlnced i., 1or-•a llot• •te111 tlM -... • tlllt ..... tty INt..-t C"llcclNI ..,., ..... ,, llllldl prowl .. for mithly ~I, 11ftll tlle full ..... ff -.-•4-llw, ....... ,.... tll * . Thi• lecul'lty ,,.,,,_, --to L .... 1 C•> tlM ...,..._. of dlo cllbt ovl4ancod Ill' die llote, with tntorMt, and all r-1•, eatwlw w •tflcetlw; Cll) tlM ,.._..of .ti adlar -· 11lth lnt-t ..,_..."'"*'par .. , ... 7 to prot.ct the -••v of tlM locurlty liwtnmnt; 1111111 Ct> ll!o l*'f-• of 1or-•• c-t• and .. ,_t• undlr thl• locurlty lewtl'lmnt and the llote. Jor thl• ~. 1or-... llortbr -and -t .... , grant 9"d c-v to Lender tile follow!,. dHcrlbed proporty located In pe111w ra..ty, flwl• • .._.. "*' Nlo of preperty, refinance or loa• of "-eteod Utl!lptlan. Aa-. pmrtlcularly dHcrlbed an Exhibit •A,• ..i Wilch ha tile lddroas of ,..,..,ty ....... •)1 u:nrt t•r• llllll all tllo 111111"• ~ ........,_, rento, r•ltl•, •h•rol,,/4J~llltt:emr-., ...,_,tor a pert of t11o ,,...,.ty. AIY,1'~..,._illn All of tllt fort11f1W 11 referred to I t -IXMllAllTI a.t lllJ'•.fW'l~~le.! ll'Mt 81111 CllMY tM Pr .... ty ..i t IMi ·)'"1rs,-lqjilll(ler1 _.,.... _. wtll dtfft ....,.11.,, ti • to tho .. ~. Tiii KCUllJY lllTIUlllllT am wwfatltn llV Jurllldlctlan to c.. ltut I.ml,_ aMUl!ll. lorr t. ~ of Principal prlMlpol of _. lnt-t on the I. '-· Tllo Mart ...... II .,. ,..&ti• or lnt-t ,....._. ahol I prmptlll' 119111' Illian .. the ... ter r•tH prior to the accrual of Tllo .......... llloll .. or vwly --... CA)(1) •ll t-... ..---al ..,._ of "'I ltlNll • or levied ... ,,., or with ,...._, .. tllO ......-rv, Cl> ell .,.lllty INll odllr' •, Incurred or 1.....i for tho .,.tlon, .......... UM, -...ncy, ..... 11111 CJ> 111 -t• or otllor llWl'-otol ....... that my llllfullll' Ille paid In liwtall , tile llortpgor abell Ille Gbl l10ted lftltf' tllo -..... to !Ill' tr -to Ille paid Miii' lucll liwt1 ....,1re11 to lie pmlcl u1,. the•-of tllo llort .... , en4 •tt, ,,.....,, ofter tllo ~ of .,,, of tile fOC910lftl, forwnl to llort ..... evldlnc9 of -"' .--... J. W&IHtltn of P~•· ~l .. ll!IPllcable 1 .. prov!CllH othorwlM, ell ~t• .... 1wc1 llr L..,. lllloll Ille w&led1 flnt, to lnt-t ._: ..i, to prlnclpml ._, 9"d laat, to.,,, late char'" u undlr tllo lloto. 4. aw.-; LI-• ..,,_shall pay all t-, ..... -ta, cber ... , fiftH ..i l ..... ltlw ottrlllutalllo to 1119 '""'ty '*'"'my attain prtorltv ovwr thl1 llec:urlty INtl'lmnt, 9"d ,....,..,cl ~t• or lf'ound r-•. If -... • ..,._ •&& ,,.....,, furnish to Lander all notlc• of -ta to lie pmlcl lrd9r tllta ,.,..,..,.., ..i ell Neelpta .., ................... . ..,.,._ •II prollllpCly dlacbor .. .,,, 11 .. wlllcll hoe prtorltll' -r tlll1 lecurltll' ,,.,,,_ uni"' lor,,_r: <•>..,._In wltlftl to tile ....,,c of tllo abll10tlon -.i bil' tllo lion In•_, occoptablo to L..,.; Cb> c-•t• In .... fold! die lien w • ., .,_. 1111Nt lflftl-oc of tlll 11111 In, l111l proc:eedlnp llllldl In tho L..,.,, aplnlan ....-. to ,,.._. ll!o onf.-t of tllo lltn: or (c) -.. fram tllo llol•r of the lltn 111 ~ Ntlefoctllll' te L"* ...,.llltl!W tlle lltn to thl• loeurlty lnet,_t, If L......, •t-lnH that .,. port of tllo ,,.....,.., la MJ• to• llan 11111111! mw' ettoln priority -the sewrltll' liwt.._e, Lendlr ..,, 1tve 1or.._ • notice 1-.Clfll'I,. tllo lion. ..,,_ •11 Ntlefy tllo lion or toke -or -. of the •ti-Mt fortll ....,,. within ID _. of tho elvlftl of -•co. I. lluord or P,...rty 1--· ..,.,_ aholl keop tllo 1.....-t• now ulattna or boreefter -tell on Illa"""""" INUNd •INt 1-Ill' flro, .... .,.. lncludld within the t-... tendld c-...-_. .,. otb9r .....,., ....._. ... ft ... or fleodlftl, f« llhldl Londar ....,,,.. lnaur-. Thi• lneur-• alloll lie •lntolnod In die -• en4 for die porl .. that LeNlllr ....,,,.. Tllo lneur-carrier provlcllftl tllo lnaur-• shall Ille cMaon llr ..,.....,. ...,_ to....,.,,...-& lllllcll lholl not lie lft-.MY wlthllelcl. If lor,,_r fall• to •lntoln -... dsocrllled .... LoNllor ...,, at L..,.'• aptltn, obtain-... to protect Lender•• rllhta In the ,,...,,II' In-•• wltll par..,... 7. At oil ti-that tho llote la autatandlftl, tllo llort....,. abell •lntoln 1_._ 1111tll l'ftll9Ct to tile ,,.._ ... ,,., ... rlab and for IUCh ~· M •r• cuat-lly 1.....i ... liwt and 119111'. aa tllo -•-._ end ....-M•, all ...-im In.......,, tboreto, lncludlftl, llut not ll•lted to , all·rlu ineur-• protectlftl tho Int-ta of die ..,.,...., en4 llort ........ liwt lou or ..... to the ,,.., ... bil' flro, lllhtnlna, ... otloer -ltlaa -t-lty 1-W ••not (lnctudtftl bellor uploal.,, If ......,,.tote>, 1111tll • unlf-at_.,,. .. tendad -... ••-oc, IM&uMtw dlllrl• rwl -.... 9'ICh lneurwo at oll ti-to lie In on -not l"' than the full ,.a-.t -t of die ,,_I_, Nel .. lve of footlftlO and f_.tl_. All 1-pollcl• _. ,...,. Wit Ill ocaptoblo to L..., 9"d aholl lncludt • at..,... -t .... cl-. LIMor elloll "-dlo rllllt to hold tllo ,.llcl• and ..-la. If L..,. ,..,1roa, 1or-eboll ,.....,.,, 1tw to Lii* oil ,_1,ea of pmld ,,._,._ 9"d ..-1 not le•. In the .-i of lou, lorr-alloll 1lve,..... -Ice ta die •--_,,.,. and Lenllor. Lender ..,, -. proof of lou If not _. prmptly Ill' lor-• .._._ LeNlllr and..,.....,. otbonllao ..,. .. In wltlftl, Insur-• prcic..a shall lie ll!IPlled to ,..torotlon or ""'' of tllo ,,.,.,.,, ....... If tho ,..torotlan or ,.....,, I• -lcally f-1111• 11111 Lmidlr'• -lty I• llOt ,...... If tllo ,..torotl111 or ,.....1r 11 not -lcally f-lble or LeNillr'• -tty -'d Ille ,......,, die '--,,..... llloll be lllpll• to tlM -a«ured Ill' the Socurlty llWtl'lmnt, llllotllor or nae then ... vltll-. -,_141 te ..,,_,., If ..,,_ ....,. tho Pl'Gplrty, or ... not -11ltllln JO dlya 1 llDtlco frw L..,. tl!et die,_._ carrier hoe offered to aottle a clot•, than Lendlr..., coll.ct tllo 1_.-. ,,....... Lllldtr l9W' ., . ........ FOlll 0 UH tM proc"* to r1119tr or rntore the Prcperty or to 119y 1im HCur.a by this s.c9H; ,£!.ll..t~G~t~t4 not tllln u. The JO·dey period will bttln ~the notice la •ti.a. Unlna L...-r mnd lorr-r otllenltM .. ,... tn wltl111, "II' wllntton of proc"* to principal shell not utend or poetpone th• u date of the -thly ~t• referr.a to In ,.r .. r.P. 1 or ch.,,.. the _, of the pr,omnta. If ..,.r s-r .. r.P. Z1 th• Property I• ...,1r.a by L..,., lorr-r 1 1 right to any INur.nc• pollcln mnd proceeds rnultl"I fr•._.. to the Prcperty prior to the K<f'l•ltlon shell peas to L..,.r to the •><tent of the a.-aecured by thl• Security 1 .. t~t l..il1tely prior to the ...,1altlon. 6. ClccupMc:y, Pr-rvetlon, Melntenenc• end Protoction of the Property; 1orr ..... r•1 L_, Application, L...itoldl. lor,...r shell OCC\41V, ntlbl 1111, end ... the Property .. lorr.,...r•a prlnct,.1 r11ldlnc• "ithln 1l•ty _. eftor the ueeutlon of thl• Security 1,.,,._, mnd shell continue to occupy the Property .. Ion.....,•• prlnct,.1 rntdance for 1t l ... t one year after the dat• of occupancy, unln• L...-r oth•rwl•• .. ren in ...-tt1111, ..,tell -t shall not 119 unree1onlbly "lthh•ld, or unl111 exteftletlne clrcimt-11 1xiat ..,lch are ~ lor~'• control. lorr-r 111111 not deatroy, dM9ge or lll!pelr the Prcperty, allow th• Pr0119rty to det1rlor1te, or c-lt -t• on the Prcperty, lorr-r lllall 119 In dlf11.1l t If any forfeiture action or procHding, whether civil or crl•hwl, 11 ~that In Lender'• tood faith Juciglllnt could rnult in forf1lture of the Property or otherwlM Mtarlally lll!pelr the 11 .. crMted by thh Security 1,.tr._t or Lender's aecurlty lnter11t. lorr-r MY cure llUCh a •tault Ind relnatate, 11 provided In s-r .. r.P. 18, by c-1111 the action or procHdl111 tot. di•llMd with • rull111 that, In Lender'• tood faith d9t•rml,.tlon, prechdn forf1ltur• of th• lorrower'• lnternt In th• Prop9rty or other Mterlal lll!pelrmnt of the 11 .. crHt9d by this Security r .. tr.-nt or L...-r•• aec..-lty lnt•rnt. 1or,...r lllell 1110 119 In def11.1lt If lorr-r, cawlne the lowi wllcetlon procna, ..... •t•rlelly f•IM or INCCUl'ete lnf-tlon or 1t1t_,t1 to Lender (or felled to provide lender with 1f11rf •t•rlel lnformtlon) In -u .. with the 1_, evidenced by tt.. Note, lncludlne, but not ll•lted to, reprnantetlo.. concernl111 1or,...r•1 ~ of the Property u • prlncl,.I r"ldonce. If thla S.C:urlty 1,.tr_,t ia on • IHMhold, lorr-r lllall cGlllply with ell the provhlon of the IHM. If lorrower acqulrn f" tltl• to the Prop9rty, the IHMllold Ind the f• title lhell not .... unlna Lender .. r .. a to the •rter In writlne. 7. Protection of Lender'• llghu In the Property. If lorrower fails to perfo1'91 the c-tl Ind ..,_,, cont1lllld tn tht1 lecwlty lnatr_..t, or th•r• 11 • 1 ... 1 procHdine that MY 1i111lflcantly effect Linder'• rllhta In the Prop9rty <such••• procHdlng In ti.nkruptcy, probete, for condlmlatfon or forfeiture or to enforce 1-or reguletfo..), then Lender •Y do end pay for wh•t•ver ia necnHry to protect the v•lue of the Praperty n L9lldlr 11 rllhtl In the Prcperty. Lender'• actl-•Y Include paying.,.,, aim aecurld by a 11 .. ..,lch hie priority over thle Security lnatrumnt, eppeerlne in court, p.ylng rHaonlbl• attorneys• f ... end entorlne on the Praparty to Mite r1119lr1. Althoulh Lender •Y tllke action under this s-r .. r.pi 7, Lender cto.tl not heve to dll ao, """-t• dlabursed by Lender ..,.r this p.r .. r.p. 7 111•11 bee-edditl-l debt of lorrower ucured by thh S-Wlty lrwt.._t. Unlna lorrower end lender terms of 119-t. th11• -ta 111•11 i..r lnterHt f,... the dllte of dlabur-t at the llot• ra ·fll@ with lnt1rHt, upon notlc1 fr• Lender to ..,.,,_ reqyntl111 peymnt. ',i\)..:::-, I. Mort .... 1....,,.mnc1. If l id mortpt1 i ii:...¥ a condition of Mltine tt.. IOWI aecured by tllll lecurlty lnlt.._t, lorrower • pr•lim required . In the mort .... lrwur.nc• in effect. If, for "II' r-, the mort .... I cover ... required by Lande t.1p1 or c-to t. in effect, lorr- lllell pay the ,.,...1im required to c tl1l equiv1 t the mortptl inmur.nc• prevl-ly In effect, et 1 coet .W.tantlelly t o.t to lorr r of th lnaur.nce prevl-ly In effect, ,,.. an alternate mort .... Insurer ...at thll lent mort .... irwur-• cover ... la net -llebte, lor,...r lll•ll S-Y to L t ... 11 h of the yearly mort .... Insur-• p!'91um ll9t111 paid by lorr-r t to In 1ffect. Lender will eccept, UM llld reteln thele pa-t• 11 I LOH reHrve pa_.t• -v no lonmer be ,....1rec1, et the •lion of L t end for the ,..1oc1 thet Lender ,....,,.., provided by an Insurer la obtain.a. lorrower 111811 pay the ..,..i ... ,....Ired to •lntetn mort a r-rve, la'lttl the requlr_,t for -t .... lnaur-ende In ecc r end Lender or wl lclble lw. 9, llllPICtlon. Lender or end lnepectio.. of the Pr0119rty. L...,. ellall 1lve lorr-r notice et ifyl111 r111onlble cauae for the t111peCtton. 10. CCl!ldlmnetlon. The proc ~ rd or clef , wttll 1111' CCll'lllmwtt .. or other taking of rhf; Wf' y, ...,... -llNd Ind 111111 t. paid to l.idlr. (..ffi/._ .clfll: I taking of the Pr0119rty, the procMda shall be wtfed to tlN -secured by thla security 1 .. tr , r or not then u, "Ith .,.,, 111en1 119ld to 1or-. 111 die-• of 1 partial tllklftl of the Prop9rty, In which the f1lr •rk•t value of the Property lmecll1tely a.tore tM tlkh• la equal to or ereater than the -t of the aum aecured by thh Security 1 .. t~t lmedletely before tile tlkf111, w.ln1 lorr-r end L9lldlr otherwl11 "r" in wrltlftl, thl sum Hcured by this security IMt,,_t 111111 .. recU:ed by the_, of the proc"* .,ltlplled by th• followlne fraction: <•> the tot•l -t of tlll -MCured lmecll1t1ly !»fore the talllne, divided by (b) the f1ir -rk•t ••lue of the Property imeclletely before Ille tlklne. """bel-• lhell be s-ld to 1orr ..... r. In the 1vent of a parti•I tllklne of tlll Property in ..,,di tlll f1lr -'et wl"' of the Praperty lmeclletely t.for• th• tllklne la Ina th .. the -t of the .. MCUred t .... letely for tile te6il111, .... 1 ... lorrower and Lender otherwl•• .. r .. In wrltl111 or unln• wllcllll• lw otllentlM .....,1 .. , the proc"* 111111 bl wiled to the -aecurtd by thta security lnatr_,t •ther DI' not the .. .,.. tllen M. 11111 .. Lllldlr Ind lorr-r otherwl11 .. r .. In writing, lfll'f eppllcetl .. of proc ... to principal ehllll not uttlld or PllltJION the u date of the -thly 111-"t• referred to In 119r .. r.P.1 1 or ch ... the -t of IUch P111911'1t•· 11. lorr-IOt lel-.cl, ForbMrmnce ly Lender llot • W.lver. Eat-Ion of the ti• for ~t or _.lflc:etl111 of -tl&1tt .. of the .... secured by thh security 1,.t~t eranted by Lender to .,.,, aucc.._. In IM-t of llrr-ehllll not operete to rel-• the lllblllty of the orl1lnal lorrower or lorr-•a aucc•-• In IM-t. Lendar lllell not lie ....,Ired to c-.c• procHdlnp _l,.t .,.,, auccnaor In lntornt or refUM to Mttlld ti• fer ,.,..nt or otherwlM mdlfy -u1etlon of the .... aecured by this Security lnat.-t by r- of 111f...., _.by the orl1lnal lorrower or lorrower•a auc:c11aora In lnternt. Aro/ forilur-• by L9lldlr In -111,. lllY rllht or ~ shall not be a wetver of or preclude the eaercl•• of lfll'f rllht or ~. 12. lucc-• end Aaal..,. lol.nll; Joint end Several Lllbillty; Co·Slenara. The c-ta and •r-u of tllf1 ...,lty lnat,,_t lh1ll bind Ind benefit the auccHaora end ... 1..,. of Lender end lorr-r, ..eJect to the llrwl1I-of ,.,...,..pi 17. lorr-r•a c-t• Ind •r-u lllell t. joint end •-rel. """lorr-r IOho co· 1l1M tJll1 tearfty tnau·.-t but doee not execute the llote; <•> la co·•lenlne this S.C:urlty ln.tr_,t Oftly to -...... .,1111 and c__,, thet lorr-r'• lnterHt In th• Pr0119rtr ,,..r th• terms of thla security lnet~t; (II) 11 Mt ,_,._lly abll11ted to .-v the -aec..-ed by this Security l,.tr-t; and (c) ..,.... that Lender end - ....,. llrr--.y -.r• to extend, llOdlfy, forilHr or ..a.e 1f11rf ecc--tlo.. with r ... rd to the term of thl• a..rlty lnat.-t or the IOte without that lorr-r•a co.. .. t. 1J, L-ai.r.... If the 1-eecured by this Security 1 .. 1......,t la aubject to • lw ..,lch •et• -1- 1-...,...., and thet lw la flMlly Interpreted ao that the lnternt or oth•r loan clter'" collected or to lie cetlected In -tlon with the 1 ... exceed the permitted ll•lt•, th-.: <•>.,.,,such lOWI char" .... ti lie~ •die -t ft1C1U1rY to reGlce the cha ... to the ,. .. 1ued ll•lt; end Cb>.,.,, •um elreedy coll•ted f,... ..,.,_..,fell eaceedad permitted ll•IU wlll t. refundtd to 1orrower. Lender •Y c"-• to Mite thh refund by reeic1,. tile principal Oiied ..,.r the llote or by Mltlng •direct ,.)lmftt to lorr-r. If • reflnll r.aicn prhicl,el, tha recb:tlon will be trHted 11 • ,.rtlel prepe-t without .,.,, pr1119)1mftt cher .. under tlw Mote. '4. IOtlcee. """ notice to lorrower provided for In thle S.C:urlty 1,.tr.-nt lllell be elven by dellwri111 It er• •111111 It by flr•t cl•• •II unln1 wllclbl• lw required UH of -ther •thod. The notice ahall 119 directed to the Property Addrna or lfll'f other .adreH lorrower dHl..,.tH by not le• to Lender. Air( notice to L..,.r ellell be 1lven to lor,,_r or Lender ..... elven 11 prOYlded In thla ,_r .. r.pi • .z. ........ wp FOM 0 15. 11owrnt,. Lew; S.V.rllbll tty. Tiit• Security l1Wtr_,t 1111•11 be 90verned by flldffel lew end the 1811 of the Jwlodtctlan tn llhtd! the l'r-rty 11 loc•tod. In th• event thet eny provi•ion or cl-• of thl• Security INt,_t or the llote canfllctl 11tth 1PPllcolble lw, 1uch canfl let ah•ll not affect other provfaf-of this Security lrwt,,_t or the llot• llhlcll can be 1iven effect 11ltllou1 the confl tcttng proviaton. To lhla end the prwt11-of thta Security l,..tr__,t end the llot• ire declared to be Hverolbl•. 16. 1or..-r 11 Capv. lorr-r ah•ll be given -canfo,...cj capv of the Nou end of thh sec:urtty IMt"-t• 17. Tr-fer of lhe Prop8rty or 1 S-flclel lntereat In lorrOll8r. If •II or eny P1•t of th• Prapef'ty or ..,,, fnt-t In It ta aold or tr-ferrod (or tf • beneflct•I lnt•reat In lorrOll8r i• aold or tr-ferred end ..,._ I• not• rwturel 111traan) without lender•• prior written c-t, lender •v, ot Ito opt Ian, require 1-.ll•t• .,._., In f"ll of •ll .... HCured by thl• Security l1Wtr.-.t. -r, thla optlan ""811 not be ~IMd by L.,,.r If eaercl .. 11 prohibited by federel lew .. of the dote of thl• Security INt,._t, If L.....,. uerclMd thla aptlan, Lendar ahell 9lve lorrower notice of 1eceleretfan. Tiie notice allell provlclt • period of not 1 ... thM JO d9ya fr-the •t• the notice la delivered or •tied within llhlch lorr0118r _, pey ell --ed by till• Security lnsU-t. If lorr-r f1ll1 to pay theae •~ prior to the •J1Piration of tlll1 period, L.,,.r My hwolr.• eny r-iea pereltted by thia s.c: .. rlty llWtr._-.1 without f"rther notice or~ on lorr-r. 11. 1or-•• 111111 to lelNt•t•. If lorrOll8r -t• certein condttt-. lorr-r ah•ll llAve tlM ritlllt to IMw tnforc-t of tllla Security INtr-t discontinued 1t any ti• prior to the 11rl ier of : (I) 5 deY8 (or aucll otller period ae eppllcolble lw •y spec:lfy for reiNl•t-t) before ule of the Prop8rty pur"'*'t to ..., poiltl" of ule cant1lnod In thl1 Security lnatr....nt; or Cb> entry of 1 J......,t enforcing this Security lrwt,._t, TlloM COllllllltt-"' that lorr-r: <•> PIY9 Lender •II •~ llhtch then would be due in:ler thh Security lrwt,,_t end the llot• • tf no ICc•leretton hod occurred; (b) curu end defeull of lll1Y other c-.t• or 81r-ta; <cl pays 111 ,....,... tncW"rod tn enforcing thta security l1Wtr._,t, includine, but not 1 l•lted to, rff80f'llbl• ettorney•a f-; tnd (d) ta. such 11Ctlan •Lender My r-ONbly require to •Hur• thet the lten of tht• Security INt.._., L..,.,.'• rtlllt• tn the l'rop8rty Md lorr0118r'a obi t .. tlon to pey the ..._ HCured by thi• Seairlty INt~ IMll conth-""""'9ed. Upon ret,..t•t-t by lorrower, thl1 Security lnstnmnt ..i the obll1ttl- ~ hertbv IMll ,...in fully effecttw u tf no ecceleretton had occurred. "-""'· tllt1 rilht to retNtete .... II not ewly tn the c ... of 1ecelerattan under per .. rapll 17. 19, .. 1. of llOtt; Cllenge of LOM Servicer. The Mote or • pertiel tntereat In th• llOte <toaether 11ltll tllia ltcurlty lrwt~) my b8 1old -or mre tt-without prior notice to lorrawer. A ule •Y result in• dlMet In the -ity (--ti the •Loen Servicer•> thet collects _,thly pe,...,.u due uncltr tll• llot• end this Security INt~. There alao •Y b8 -or more ch.,,... of th• Loen S.rvlcer unreleted to • 18le of tlle llote. If tllere 11 • ....,.. of the Loen krvtcer, lorr0118r 11t II be tWI not Ice of the chenge in 11Ccordance with per..,.ap11 14 tnd ewllceble lew, The notice 1111 I •tit of the new Loen S.rvicer tnd the eddr ... to llhich ..,.me ellould be mode. The notice wtll tlon required by ewlicllble lew. zo. ~ SU.t-ea. lor _·,t-_;• presence, uee, diaponl, ator ... , or rel-of .., lluardous llmtenc" ,.... not do, nor •llOll enyarw •IM to• • .,......1,. •ff11Ctl119 the Prop8rl)' thet la tel l . Tiie precedi"I two •entenc• shall Mt wly to the,...._., uee, or tor II titl of Meardoue SW.tenc" that ore ...,.,11y rtc...,i&ed to be "llPf'opr •t• o rea • end to •in.......,. of the Prop8rty • ..,.,,_ ehall prcmptly 9tw L r 11r tten nottc fnvn t .. tlan, clei , ~. I-it or other ectlan by .., ...,...,_Itel or rt1Ul•tory II' t ty .., Meurdaue s..-tw. or 11Wt..-t1I L., of wllldl lorr r h r ia notified by.., IOWNmntel or ,....,1atory M1thorlty, tllat any r tence effecti"I the 'l'<IP'f'tY ia _.,, lorrowr ehall prOlllptl • 11ith Erwir-'91 Lw. Ae ueod In till• per8tlrapll 20, •He u toaic or hezerdoua aubat-ea by lnvlr-tel Lw Md the foll 1-.ble or toalc petrol-procacta, toalc peatlct .. end herbtctdta. .,. or f-ldehydo, - radlOICtlvt •t1rl1l1. Aa ueed In federal 1-n 1-of the Jurlodlctlon wlllre the Prop8rty ta I ir-t•I protection. 21, Accel8ratton; R-.diu. prior to 1eceleretlon foll011ine ltr-'• brelell of eny cownent or .. . t Cbut not prior to 1eceleratton uncltr pereerlflll 17 1a1l•1 eppllceble lw provt h II apectfy: C•> the defMllt; Cb> the 1etion ....,1,.. to cure the defM1lt; (c) • dete, not the dete the notice ia 9iven to lorr-r, by llhlcll the •t .. u -t be cured; Md (d) thet fet defeult on or ti.fore the dote apecifiod In th8 -••my re.ult In-'""'°" of the..-ucured by tllie Security 1 .. t.._t, foreclaeure by Judtetel ,,_...1111 ..i NI• of tllt PN!p8rty. Th8 notice shall further Inf-lorr-r of the rltlllt to ret111t1te 1ft8r -1 ... 1tlan .. the rltllt to NMrt In the foreclaeure procHdlng the non·ealuence of • defeult or..,,, other ._._of ..,.,_ to occel8rotlon ..i for1elaeure. If the defMllt la not cured on or before the dete specified in the -tee, L..,., et It• aptlan, •Y requtre i~t•t• pe-t in full of ell .... aecurad by thta securtty IMC,_t 111thout further ~ end •Y forecl.,.• thla Security INtr.-.t by judiclel procHding. L.,.r ehall M tnelelod to collect all • ...,... Incurred In pursuing the r-.diea provided tn thta par8tlr8'1h 21, lncludlftl, llut Mt lt•ltod to, rM8CllWbl• ettOl'N)'11 f-Md coata of the title •vtdence. U. 1•1-. Upon ,._t of ell aime HCured by lhta Security l1Wtr_,t, Lender shell rel-tllta ._tty lnatn-tt, without cller .. , to lorr0118r. lorr0118r llllell pey lll1Y recordotfan coata. ZJ. Attorneys• f-. Al uaed tn thi1 Security l111tr._,1 and th• Mote, ••ttorrwya• fft1• 111•11 tncluclt.., attorneys• f--rded by an SAJtll•t• court. Z4. llder1 to tllla Sec:wtty lnat.._t. If -or -• riders ere •acuttd by lorr-r Md recorded t ... Cllor 11ltll tlll1 Security lrwtnmnt, tti. COYWlllllU Md 81•-U of .. ch auch rider lllell b8 incor-ettd into .. Mall -m tnd 1114lPl-t the c-t• Md .. r-to of thla Security lnatr._,t •• if the ridor<a) ...,. a pert of tllla lecwlty INt._t. <Check .,..llcebl• loll> 0 0 0 0 0 lr-*-ted Pa,mnt lfder 1e11-lider Condemfnh• I Ider Plemed Unit De'lelQPllllt Rider D ••t• 111pr-t 11der D 1·4 '•tly Aider D li-'ily Pe_.t lider D Second N-lldtr D Other ca> C epeclfy llGll• •Law, llOrr-r llCCepta end qr-to the te,,.. end co-u canteined in thla Security llWt.._t end in ..,,, rider( I) elllQ.lted by lorr-r end recorded with t t. II.,..., ... led tnd deltwred In the pr-• of: _ ..... ............ '_'U.::.:=..;__:__:_.:...:;;..:.:..:"..!L~~~ PrtM ._l~'.£(1.Z.~-£:..i.:.......~~~~~ (SHI) lt11Wture1 ___________ _ Slptur•: _______________ cs..u llOrr-r Print ._:, ___________ _ .... -., ___________ _ Prtnt ... :, ___________ _ ITATI Of ClllllTY Of -r1tic1cl"- '7o;!te'( I ._ certl f)' thlit on Addi' .... Addr .. : Id te t,mke acU-l~~r\Q,~~~~""'"""'""' ~c le:' t- In the ltate afor ... ld llld In the / l.. , ""( llon<a,:~lcrlbed In llld Miio eucuted the 0 •-__ ,.,or the purpose therein upr•Hd. 11n•u _. hllld llld offlclel ••I In th• Ccu'lt)' llld State afor••ld thla Ji__ dlt)' of Z"?c•c 1 t'fllt·/Jr:,c, '9_.t.f.- lloter)''I Printed ._ ,· ........ Bxhibit A Lot 3, Block 2, NAPLBS MANOR ANHBX, •• •hown in plat recorded ill Plat Book 1, Page 110, Public Record• of Collier County, Plorida. Pile Nos 95-381 .. .. .. ~ C8 .. c:> .... 00 ~ .. .. .. I I .. ,Itta: IDIPIDllT Tl!lol or IWUI PICI It 1975706 OR: 2100 PG: 0287 UCOUID 11 tl• om cw UCOUI Of COlllll conn, n H/15/15 at IZ:Ufl HIGIT I. llOCI, CUU SECOND MORTGAGE Otil CIU DUD IOC·,J5 Ift·.lt2 l5H.H ZSH.11 It.st 1.15 5.11 THIS S£CONO MORTGAGE ("Security Instrument") is ghen on & ,, ' 1 199_1.. Tne ~ec:ond Mortga9or is: C118orrow•r"). This Security l••• of th• Uni led StatH of Anoeric1, ind whou lddr•n is • • lorrow1r o .. .s Lendor th• s1a11 of (U.S. S 7 mm.I ). !his debt is evide by Borrower's Note dated the same date 11 this Security lnstrY!ltnt ("Second '1ortg19e"l, which provide& for monthly payments, with the full debt, if not raid earlier, due and J)llyable on• Thi1 S.curily lnstr..,,.,,t 1.curu to L..-0.r: (a) the repayment of the debt evidenced by lh• Note, with interest, and all r.,_111, ext..-. ions vd modi f iclt Ions; (b) the payment of all other """"• with interest advanced under paragraph 7 to protKI the aecurity of the S•curlty lnatrll!lent; and (c) the performance of Borro .. er•s covenants and 1gre...,.nu under this Sec:urfty lnstr~nt ind the Not•. fer this pyrpose, Sorro~er does hereby sec:ond mortsage. grant 1nd con"¥ey to Lender the following described pr~rty loe1ted in Cnlljc:r County, Florida. ("Property Address"): h1m Florida . ,, .•••. l1l'l2 TOGETHER ~ITH all the irrpr~~~nt ~J;f@ the property, and all easements, rlghts, app.arten1nc1s, rents, royalties, mineret 1 1 a.~ 1 , water r1gr.ts and stock. and all f11it"""es no1111 or here•fter e pan of .the property, At V.J.© ients and ad01tt ~a)l.l-. also be CO'Wertd by tne Sec1,1.rity lnstri...ment. All of the foregoing as refer,..ct to i ~ ecuri ty Instrunent as ~ perty11 • llOllROll£R COVENANTS thot Borr r is owful l y .. i zed of the es tat here conveyed and has the r1 ght to mortgage, 9r1nt •nd c:onvey the Property and that h for enc~r1nces of recora. Borro .. er w1rrents and will deford generolly t e ti all cl ·ms~ demands, subject to any enc~rances of record. THIS SECURITY INSTRUMENT use nd non·uniform co•enants with limitod varietion by jurisdiction to cons t ve ing eal property. UNIFORM COVENANTS. Borr s ol l ~5: 1. Pa)"111<'1t of Principal ate ar s /"l'O ro .. er •hall promptly pay "hen due the prlncipel of and inter11t on the vi enced by e Note. O:: 2. Taxu. The Mort91gor fJJ;.1 y all tues, Hsessme , se er eht.i or· woter rates prior to the accrU411 of any penmlties or Interest thereon. \.>' .....,;, The Mortgagor shall pay or r ~ rvely become due, (A)(1) all ta•es and _r,.,,..,,tal charges of any kind lliata h may at any time be l ul\¥! ssesa.d or levied a91;nst or "ith respect to th• Property, CZ> •ll uttlhy end othe c • , including 11 aervi "\.~r a0 , incu,.re-d or imposed for the operation, uintenanc•, u!.e, occupancy, upkeep and · of the ~ fr\.-(l) all assesiments or other ;overrmental cherQes that may l•"itful ly b. p•id in ins ta n s . ·~~ q rs, the Mortgagor shall be ool igatltd under the Mortgage to p.y or c.use to be ~Id only such ; ttl..,•tl.-~'"":P uired to be paid durtng the term of the Mortgage, ind 1h1ll, prQtrptly after the p.11yment of any of th& , for1i1ard to Mortgagee eviczence of 11..ch payment. l. Application ol Payments. Unl .. s applicobl• la .. pro.ides otherwise, all payments ro1et1ved by lender shill be appl i Id; first, to interest due; and, to pr inc 1pal Clue; and last, to any late charges due under the ~ote. '· ChargH; Li-. Borrower shall pay all ta•es, 1snssments, charges, fines and impositions attributable to the Property which mey 1ttaln priority over this Security lnstrunent, and leasehold payments or around rents, ii any. Borrower shall proq:>tly furnish to Lender all notices of amounts to be poid under this peragraph, ond ill receipts evidencing the payments. Borrower shall pr0«ptly discharge any lien •hich has priority over this Security lnstr.....,nt unless Borrower: (a) 19rH1 in writing to tht pi)l!Wflt of the obligation secured by the lien in 1 mam•r acceptable to lender; (bl contests In good faith the lien by, or defarda ago inst enforcement of the lien In, level proceotdln;s •nich in the Lender's opinion operate to prevent the enforc-t of the lien: or <cl securos from tht holder of the lien an agreement utisflctory to lander oubordlnatlng the lien to thi1 Security In;trument. If Lender determines that any part of the Property i• subj.ct to I lien which may attain priority over the Security lnstrll!lent, lender moy give Borro .. er a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 doys of the giving of notice. 5. Ha1ard or Property Insurance, Borro~er snall keep the improvements now eAisting or hereafter erected on the Property insured against loss by lire, hazards included within the term "extended coverage" and any other hazards, including floods or floodln9, for which Lender requires insurance. This insurance shell be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower subj.ct to Llf'Oer•a ll'P"Oval which llhal l not be unreosonably withheld. If florro .. er fails to 11111intain coveraaa described above, Lender moy, et Lender's option, obtain co•<rage 10 protect Lender's rights in the Property in 1ccordance with paregraph 7, At ell times that the Note is O\IU1tndin11, the Mort919or ohall maintain insurance .. ith respect to the Pr.ni5ea 19ainst such dsks 1rd for such amounts as are c1.1stomori lv ins.yred against and pay, as the !;..llftt be-ccwne-due and pey1ble, oil premi...a In respect thereto, including, but not limited to, all·risk insurance protecting the interests of tha Mort919or and Mortgagee ag1inst loss or damage to the Premises by fire, lightning, and other casualties C\.111:ommri&y tnaured a91fn1t (including boiler explosion, if appropriate), with a uniform standard extended cav•r1ge endora-t, Including debria removal coverage. Such in1ur1nc1 at all tlOltl to be in an 11110unt not less than the full replac-nt cost of the Pr.,.isH, exclusive of footings and foundations. All insurance policiu and ,..,,....ls shall be acceptable to Lender and shall include 1 standard mort9a9e cla1.1se. Lender Shill have the right to hold the policies and renew1ls. If Lender requires, lorrower 1hall pr°""tly vive to Lender •ll recelptl of paid pr.,.f.,.. and rene .. ol noticea. In tht event of 1011, Borrower shill gi..,e pr°""t notice to tht insurance carrier Ind Lender. Lender may make proof of loss if not mode pr°""tly by Borrower. Unle11 Lender •nd Borrower otherwise 09ree in writing, insurance proceeds shall be applie<l to restoration or repair of the Property damo9ed, if the r.storation or repair is economically feasiblt and Lender•s security is not L•ssened. If the restoration or reFU'ir is not t"Conomically feasible or Lender's security wo1.1ld be less~ed. the insurance proceeds shall be applied to the SOJll•s sec~reo by tne Securi IV lnstr1.111en1, whether or not tnen due, .,i th any t.Acess paid to Borrower. If Borrower abandons tne Prop-erty, or doe$ not answer within 30 days a notice from Lender that the insurance carrier has offe~ed to Hiile • na1m, tnen Lender may collect th• insurance proceeos. ~ender ""'Y ·1· OR: 2100 PG: 0288 fClllM 0 use th1 procetds to repair or restortc the Property o.~ to pay s\.lfls $ecured by this. Security lnstr1.A11ent, 1111l'tetl'ter or not then due. the 30-day period will began "'nen tt1e nut1!.:e 1s m.tJl~l"d. Unless Lenc:Jer end Borro1111tH otner-..i1se 111~ret in wrltin9, any application of proceeds to principal shall note.tend or postpone the due date of the monthly pa)Ollentt raforred to 1n peregreph 1 or change the aMount of the payments. 11 under p1regraph 21 the Property •s acquired by Lender, Borrower's right to 1ny insurance policies and proceeds resulting from damage to the Property prior to the acqui1illon shall pan to lender to the utent of t~• sums secured by this security instrument 1~l•ttly priur to the 11cqui~it1on. 6. Occupancy, Preservation, Maintenance ar'ld Protection of the Property; &orro ... er•s Loan Application, Le11ehold1. Borrow•r •h•l l ccc:upy, establish, and 1JSe t~e Property as Borro"'er•s principal ,.e$idence within s~At'; d1y1 after the ex•cutlon of this Security lnstru:r..:.r'\t and s!'l~ll continue to occupy th• Property as Sorrower's prlncipel reaidence for at l•Ht one yHr after t"e oate of occupancy, unless Lender otherwise agrees in .rit•ng, 111hich conaent 1h1ll not be wnre11onably withheld, or .. nles~ eAten""a' 1ng clrc\A\Stances e.11.ha wh;cl'I are bey.;)nd Borrower's control. Borrower shall not destroy, oa,liJ:;e or 1mpa1r the Pro~rty 1 allow the Property to Oftier1cratt, or conmit .... st• on o,. Pro~rty. 8orrow11r shall tle in d~fault if an.,. forfeiture a't1an or proteel.ling, -.n11ther civ!l or crimlN,, ii beg!SI that in Lerlll1r 1 1 goQd feith j....agment co"ld reswlt in forfoitur• of th• Property er o'l'ler.1se materially irrpair th1 lien created by this. Security lnstrunent or lender 1 a secunty interest. 8orro.er may ci....re such• def•ult ind reinstate, as provided in paragraph 18, by ca"'sing the action or proceeding to be dtsm;ss.ci 1111tl'I 1 ruling th1t 1 in Lender's good faittl determinat1on 1 precluaes forfeiture of the 8orro1111er 1 1i interest int~• Pro?<\fr?:-y or other material l~irinent of the lien cr11ted Dy this Security Jnstn.1Mnt or Lendtr•a securuv int•rest. Borrower 1h1ll 1lso ba in default If Borrower, during the loan application procen, gave materially false or ln1ecuratt Information or •tat1ment1 to Ltnder (or hi le<l to provide Lender ~ith 1ny meteriel information) in CC'MeCtlon whh th& loan evidenc~ bv the Note, inct.,,(ling, but not limited to, representations toncerning Borro1111er's occupancv of the Property as a principel residence. lf th1s Secur\ty lnstrumef't is on a l•asehc\d, Borre-er shall Con"ply with all the provision of the lease. 1f Borro .. er acqyir~s fee title to the µrop•rty, the leasel"iold Ind tree fee title shall not merge unless Lender agrees to tric-nergt?r in ... r1ting. 7. Protection of Lender's Rights in the Prvp~rt 1 . If ii~rro • .:r tails to p~rform the cvvenants aN 1greement1 contained in this Sec·.lrity Jnstrynent, er trie,.e is a legal proceed11"19 thclt may sign1fic~ntly affect Lender's rights in the Property (such 1s 1 proceeoing 1n Oi'.H~k.r1.1ptcy 1 probate, for c.::inaerrnat1cn or forfeH-..re or to enforce la•S er regul1ticns), then Lender may Clo .:.ind puy tor .. 1iatever is necessar)' to protect the val .. e of uie Property and Lender 1 1 r;51hts in the Property. LenJ'-'r·~ &)Ct1on'i ma" include paying ant s1.1ns sec1..1rea by a li~n .. ~!CF' rias priority over this Security lnstn.ment, eppear~ng 1n c.; ... rt, pdyl"lg reasonable attorne)'S' fees and entering on the Property to make repairs. Althoug!i Lentler 1r.ay ta1.e act1on un..::ier tl'lili paragraph 7, L.itnder does not hl\'I' to d~ so. Any amounts disb..irsed by Lender under this paragrapn 7 sha~l become ac:KJ1tional Cebt of Serro.er secured by t1"11s Security ln1tr..anent. Unless Borrower Ind l•nd•r terms of payme-nt, tht!ie amoi,,ints s!iall t>e1r 1ni:er•st from the date of _disbursement at tl\e Note a~ . .-r~l@®,.aq. with interest, upon not 1i;:• from i..enaer to Borrower r~uest tng payment. yl...1-: VA; a. Hortgage Insurance. lf Le "a rcrtg~;ie I ~,Ji~ . ~ cona1t1on cf maJ.1ng the loan sec ... re..::i b,- tl'lil Security ln1trunent, Borrower sl'I ne p~enn ... rns require..:f o:.P tain the mortg19• ins1o...ranc1 ,,, effect. If, for 1ny reason, the mortgage ini cover.:19~ r~qu1r~d by Lene lap~ s or cease' to be in effect, Borro .. er 1riall pay the premir..ma reqyirea to tai O'litant\ally eq~iv ent o the mcrtgai• in$""ron.ce p·e .... iously in eff"t• at a 'oat 1-.b5tonti1lly eq· ivol nt cost o r of tH ""' ga11e insurance pre,iousl1 in effect. frorq an elternote mort909e insure app c-vcd by + nt,ally qui l,;ont mortg.1ge in&1...rance co11er.age 1s not available, Sorrower 1h1ll pav to L c t1111el th at tne yearly mort;age ins1..r1nce premiun being paid by Borrower...,,, n t to be 1n effect. l.enaer 1111ill accept, ult 1nd reuin these payments as lo ce. Loss reserve p~yment5 may no ~-nger be required, at the option of Le ~ H· .... nt and fer the perioa tP'!at ... enaer requires> provid&d b)' en insurer is obt1in~d. Borr:) .. er shaU P.3y t"'~ prH'hrns required to rnaintein mort ge s reser .. e, 1..ont1 l tt'le r("Quirenwnt tor mcrtgag• ;nsur1nce ends in accorda ~ th any 1111r 1 tteri ag'"'er1e oet een .. ~r and t..en.:Jer or app1 icat:>le la-. 9. Inspection. lender or · -nt may n.:, .. e rl.'"a~cna lo'nt 1 .S,.~ ano 1nspect1ons ot the Property. Ler.der ~hall give Borro1i1er ncth:e at ~· ot or-µr 1~r t.J an i ~ er1pec1tyin9 reas,onablv ca"'"se #or tt'le 1nspeC"t1ori. A 10. Conde*lrietion. The procet'd {i) .. Jrd or i.:la1m ~\"111\t ~. dtrect ~r. conseq"'ent1~i.. 1n ~01V'e1=t'.J,, with any condecmation or other taking of a P•f1:-tfr; rJ1'~;r or eon"eyance in lieu ot conoenv"'at1on, ire here-~y D&ligned and 1hal l be' pa'd to Lender. ,,(.Fl. ":'"'"~ i\...t-0 taking of the Prop~rty, tn.e proceed$ shtl~ l ~ a~I 1 ed to t1'e cuni: c•cur.cf bV th 11 S11curl ry In~ · 'vti 01-:10( tnt'n CIUC', • i tn on1 CAr;c::a:i PA 1 d tg lgrr..;iwcr. In the event of 1 portiol talt:.'nw of the Property, 111 .,.r11ct1 the f\l1r rMrk.et val .... \! -.,t tne Prop~rty 11rJn.:dHUe~y e.fore the t1kin9 i1 eqt..tll to or 9re1ter than the omount .,;,t trie s.....-ns sec ... red by this Sttc:urtty Instrument irrmed1ately before the t1k ing, unt e11 lorro .. er and lender otherw; se agree in ..ir it 1ng 1 the Sum$ :;.ecured Cy this Se-c'-lr i ty f nstrune,,f 1n1ll ba reduced by tht amount of the proceeds 1111Jlt1pc•ed by the following fraction: <el the total amo~n! of tne &"'111 cecurld linMdietely before the taking, divicea cy (bl tne fair market value of the Property infllediately bel~ce the taking. Any balance shill be p1id to Borro ... ~r. ln tr'1e e"tmt of a partial t.31..inQ cf the Property in .nicl'l t'"'e- fair market ~•lu• of the Propertt inmedi1t1ly before t~e taking 1i; ~ess thlln the amoi..nt of tne s...ms se, ... re-o irrrnediately for the taking, unless Borro1o1~r and LenJeo'" ot"ler1111~~e ag:ee in 1111rit1n; or ... nless appl i.:ab~• la• ot"'e .... ·se pro-.dde1, the proceeds shall be appl itd to the su'1"'.ll St".: .... rt>u c-,· t~us SccYri ty lnstr...i!·t:nt ."letner \Jr ri;;t tf'e $...rs are the-n due. Unlesi Lender and Borro1111er ott1erwise asr~e in ... tt.,.,g, any appLicat1on of pr~\::eeoJs to pr1"'1 ~a~ S!"'a .. ~.::: extend or postpone the due date of the monthly pa~i.,t.•":> refer:·.:o t.J 1r: pard;rapns 1 or change t~e ain..:: ... nt of s ... ..:!'I payments. 11. Borrower Met Released, forbearance e,. L.~'ll-..•r ~ot a wa1-.er. EAtens1on of the time for p.lytT11;~nt er modificetion of amorti.z1tlon of the 11..mS secured by tri1s Secvr1tr lnsu~nent granted by l.C"no.-r to .my s1o.1iccess,or '" tnterelt of lorro1o1er 11'1all not oper1te to rel11se t"e l 1101 l i ty of tne ortginal Borro .. er or Bori-o.er•• IYCCe11or1 l"'I interest, Lender sh1 l l not be required to c:omnen.;e proc~ed 1 ngs a9111 ns t any :il.lC:Ce'isor in interest ur refwse ta extend time for payment or other)ilise modify amartizottion of trie sums secured by this Scc .... rity Instrument by reason of any demand 11111de by the original Sorrower or Borro.er's succenors in interest. Any forbeerence by Lencer •n ••erchln9 any right or rem.dy 1h1ll not be 1 waiver of or precluoe the exercise of 1ny right or remedy. 1Z. Successors and Assigns Bound; Joint and Several Liability; Co·Signers. The covenants and agreements of th'• Security Jnstr"""'nt 11'11~l bind end benefit tne successor!i and assigns of Lender and Borroi..er, subject to tne Provisions of p1r•9raph 17. Borrower's covenants and ~greements shall be joint Ind several. Any Borrower 111110 co· signs this Security ln~tr..,..nt but does not ex~cute tne Note; (a) is co-signing thi• Security lnstrunenl only to mortg1ge, grant end convey that Borrower 1 s interest in trie Property 1.onder the terms of this Security lnstrunent; (b) is not personally obligated 10 pay the S"'1S secured or 1n1s Security lnstr1i11<!nt; and CC) agrees th•t lender and any other Borro .. 1r may agree to e~tend, modify, forbear er rr.ai.e any acco11rnodatlons 1111ith regard to the terms cf tnis Sec....irity Jn\itr1.Aent or the Note witl'lo1Jt that Borrc .. 1.:1 's const!'nt. 13. Loan Chor911 1 rt the loan secured by tn~~ s~curity-tn~trument is s1.ibject to a ~a .. 1111nicn sets ma.111.~ loan charges, and that l1w is finally interpreted so that the interest or ctner loan charges collected or to be collected in c:omection with the loan e.11.ceed the permitted l1m1ts, ttien: Ca> any s'-'cn loan charge :>tlall be rea'-"ct?a by tha amount ntetuary to reduct tho cherge to the pernd t ted limit; and (bl any s"1\S already col l~cted from Borrower which excetdtd permitled limits will be reh.ndoa to Borro.cr. Lencer may choon to make !"is ref,,.nd t>y reduc inv the pri nc I pa L owed under the Note or by mak i oy a direct pay'Tlent to Borro.e". If a refund reduces principal, the reduction will be treated as a partial pre;iayment without any prepayment charge under the hole. 14. Jrilotices. Any notice to Borrower proV"1aeo for in this Sec;yrity lnstr1.snent sh11ll be given by <1eli...,ering it or by rnailin9 tt by first class mail unless applicable \th1 required use of another rr.ethod. Tl"le nl)tice stiall be directed to the Property Aadress or any other eddrvs:> Borrower oes19nates by not1ce to Len~er. Any not1c• to Len..'.ler shill be given to Borrower or Lender khen gi..,en 1!i provided in this paragraph. -2· OR: 2100 PG: 0289 FORM 0 15. Governing Law; Severability. This Sec.,rity lnstr"11ent shall be governed by federal law and the l•• of the jurisdiction in which the Property ia located. tn the e\(ent !tiat any provision or clause of this Sec1..orit)' fnstrt...1nent or the Mote conflicts with. applicable la111, such conH1ct !i>hall not affect other provisions of this St'curity lnstn.1Nnt or the Note which can be given effect .. 1thout u'e contlicting pro..,.;ston. To thts e'1d tl'\e previsions of tl'\is Security lnstrynent and the t.i~te are dec;;lared to be severable. 16. Borrower's Cop~. Borrower shall be given one contorrTIE'd copy of the Note and cf th1s Seci..r•ty Ins I r..,,.,nt. 17. lr1nsfer of the Property or a Benef1cia. :nterest in Borrower. If all or any part ~f tf\e Properh or 1ny int1re1t In it i1 ao\d or transferred (or if 1 beneficial 1nt1re&t ;n 8orro111er i1 sold 01· tran,ferred lf"ld Borrower is not• n1turel person) without Lender'ti pnor 11111r1tt•n consent, Lender may, at its option. r~qi..ilre irrrn.di1te payment in full of ill sl.lfts secured by tnis Secunty InstrrJnent. However, this option snalt not be t•erci1ed by Lender if exercise is prohibited by tecerol lo• •• ot the dote of this Security lnstr..,,.,nt. If Ltnder exercised thi1 option, Lender shall gi.e Borro•er notice of acceleration. The notice shall provide a period of not les1 thin 30 doya frOll the date the notice is del i-.red or mailed within •hich Borra.er """st pay ell 1...ns secured by thft Stct..1rity lnstrlM'nl'nt. If lorrow~r fails to pay these ayna prior to th• lfAp1rat1on of this period, Lender may Invoke any remedies permilted by this Security lnstr..,,.,nt without further notice or demand on Borrower, 18. 8orro1111er 1 s Right to Reinstate. If Sorro .. t-r thf!'ets certain conditions, Borro\lller shall havt" tl'le right t.J he1ve enforcement of this Security lnstr~nt discont1n .. e.;;i at any tune prior to the earlter of : (a) S aa.,.s (or S.JCl'I otner period 1s applicable l '"' may spe-c i fy for re 1 rs t.3 ternent) Def ore sale of the Property pt.irsi..ant to af'I.,. ~xh.1er of Slllc 'onteine-d in this Sec-urity fnstri •• ment; or (O; e"'tr'Y .Jf a J ... ~sm~nt enforctng thi:i St:!,;oJrit.,. tn:itrvr.~nt. Th.JSt- COnditions are tnat Borrower: (a) pa.,.s l.enaer a~~ s ... .r•') .. !"l'C'"! t""" ,., .. ~o be o ... e ~naer this Secwr1ty !nst'"oJneof'lt an.,j trie Note 1s 1f no •cceleration P\aef occurreo; (b) c ... -t>":> '1"1\J ot:t1:1 .... 1 .;if any other covenants or agrir~··e•.,ts; (c) pa.,s al\ eApense1 incurred in erdorcing this Securit)' 1"1":>t·· ... nl't."nt, 1n;; ... a1ng, ~t not l1m1ted to, reasonob~t attorney'$ fees; 1nd (d) takes svch action as lender may rea":>J.,dC·'I rE.-~ .. 1r@ ':> aisure that the lien of this Sec ... r1ty lnstrunent, Lender•s rights in the Property and Sorro .. er•s oo~igation to pay tne sums secwred by tris Sl!curity l~strl.fl\e'nt shall continuit unchangt1'd. Upon reinstatem~nt by Sorrc .. ~r. this Securit.,. tnstrl.l!'lent and the coligations secured hereby shell remain fully effective as it no occeleration nod occurred. HoweYer, thili right to reinstate 1n1l l not apply In the case of acceleretion \Jlder para~rapn 17. 19. Sale of Note; Change of Loan Servicer. The Mote or a partial intereit in the Note (together with this Securfty lnstrurwnt) may be aold one or more times witnout prior notice to Borrow•r. A sale may resi..ilt in 1 change in th• entHy (known •a the 11 Loen Str'llicer") that collects monthly paymeonts due under the lrrilote end tnis Security lnstri.ment. There 1l•o mav Mone or more ch1nge:1; ot tne Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, 8orrowar •ill be notice of !ht change in accordance w 1th paragraph 14 and appl ic:able l•"'· Jhe notice will state . ~ ·)S..; the new Loan Servicer and the aaoress to .n1cn payments should be made. The notice will a ntl>l-rl (_\,I\. t1on requirea by applicable la•. 20. t4azardous Substances. Borro e ,a .... se or ~ presence, use, disposal. sto··ag,e, or release of any Hazardous Sub5tances on Borro .. er ·n ca ao, nor al low anyone else to do, an.,.thing •ffecting the Prcperty that i i The prececti,...-si t .. o sent'1'r-ces sna~. l"IOt IPC>lY to the presence 1 use, or st raie o of 11azaro.:> .... 5 S1.1bst•nces t'"at a ... e generally recoljlni zed to be oppropr 11 e to nor ance ot the Pr open y. Borrower shall pr°""tly give Lender rit demand, la.suit or Ot"er action Ct any goverNMntaL or regulatory agen v o any >t,azarac""'s s~o:ita"lce or Envlrorvnental l1w of which Borrower h11 is notified by any ~p ... errvnental ,:, ... regulatory •t..1thodty, that eny r al tance affecting tl'le Pr.:ip~rty 1s l"ltcess1ry, Borrower 1hall pron'f)tly nee with Envirorvnentai. :..a111. Al used in tf'lia paragraph 20, 11 Haz1 1 nce!ii t ubst as toAiC or hazardows swostances by Envlrormental law and the follow• 9_!Ubsunces: gasoline, osene oth R1nable or toxic petrole1.111 prO<lucts, to.icie prstietdes and herbicide&, vol ~~solvents, materials co in\ g 1 a or formaldeh)de, and radioactive m.terial1. As used in th I,.& 9r1p.~ 20, "Enviro . L w" ~ federal laws and la.s Qf !he jurisdiction where the Property is loc~fH t •t relate to h~alth, s t pl'~.t ... ironmental protecticr1. 21. Acceleration; Remediei. L er: ll give notice to Bor: ·Sl-eH ior to acceleration toJ~lo.ing 8orrower 1 s. breach of any covenant or agre : n·-:. S~'°-'"'t)' 1 ~'\.;:~~ (but not prior to acceltorat1on ynaer para9raph 17 unleSI applicable lAIM provides fr . t1 ~~ Specify: (a) the defa-.lt; (O} the IC'tlOl"I required to cvre ttie default; (CJ a date, not e··\ 1:.W he (jt1te the notice IS !ill't~n ti) 8..Jrro.er, b)' 1111h1ch the default roust be c;:ured; ancJ td) that •' · -oeta ... lt on or before t~e Ciltlf Sp.t~1f-1ed in tt-e notice may re-sult 1n acceleration of tne sums ~ec .. ·t·J t., tn1~ Sec ... r1tr In'itr'oA"TM:nt, toreclos~re by J.J01c:1al proceeding and 5ale of tht Property. The notice °'>t-J:1 t_..rtht.>i 1ntJrm &orro1111er o1 the rqjlht to reir.":>tate atter 11;'.Ce,eration 1nd the right to dssert in the forecl.;i:i. .. 1~ ..,~·ocee..:J•ng thie-non•tAis.ten.ce of a oeta~tt or any otner defen5e of Borrower to 1cceler1tion 1nd foreclos\.lr~. If tne defawlt is not cured on or twfgre tne aate spec1'1e-o Hi the nortc1, Lender, et tt1 option, rney req1..1ire in1neaiate payment ifl fyll of ell iurns sec""'reQ Dy tnl:iii Srcurlty lnstr\.lhent without f1..1rther demand and may foreclose tni$ Security lnstrt.nent by judicial prociteding. t.ender shall be entitled to collect 1ll .. .,.naea Incurred in p...rs.,in; the reme<lits pro•ided in thi1 p;ira9ropn 21, inclua1ng, C>..t not l lmi ted to, reasonable •ttorney' s fees and costs of the title e·,idence. 22. hlease. Upon payment of all S1611S secured by this Security Instrument, Lender shall release this Stcur i ty fn1trU111nt, without charge, to Borrower. Borro.er shall pay 1ny recordat ion costs. Z3. Attorneys' fees. As used In this Sec"ri ty lnsirument and the Mote, "attorneys• tees" snal l incluae any 1ttorney1 1 fee1 awarded by an •wet late court. 24. 1R i ders to this Security Inst n.wnent. If ure or more r 1 ders. are e-.ecuted by BorrtJ.er a,..4 recorded together with this Security ln:ltr1.1nent, the covenan1s "'"'a a1:,1reements ot eac:n si.cn riaer sh~~~ be 1n.;oqX>rated into and shall amend and SYppl~nt the covenants and a~·t.ot···~nts ut tn1s Security lnur....-ncnt as 1f trie r·oertsl .iere ii part of this Sec.urity lnstr"6Jlent. (Check App~ic<.1!.~c e;_..,) ~' AdJu•table Rate Rider R.;1t t;' : ·~·:.. ~ i:. • t"1'.e-,, t R ·..::~r r-.. Graduated Payment Rider -· ~ ... ~lH!•'I R1oer Bal loon Rider B •\.'e" \I Payrr.e.'"lt R 1 cer ~ CondOn'linit.111 Rider c Secc"\O 110,..,.e R 1 der 0 Planned Unit Otvelopment A iotr [J Ctri~r(s) <specify SIGNJMC. 8£L()ij, Borrower accepts and agree' to the ter:"'s .J'1d covenants contained in this. Sec1..rity J"lstrument ana in 1ny r;der(s) e.xecuted by 8orro111er and recorded 111111tn it. Signed, sealed and delivered in the presence ct: . 3 . ..... ,ed.~p " fOllN 0 lltNtUrt: _____________ _ Print M_: _____________ _ Sf9N1ture1 ______________ _ Print NMlt: _____________ _ *** OR: 2100 PG: 0290 *** Signature:. ________________ cs .. 1) Borrower Adrian laa Acldren: cY<c-..dv.L I ::;&',--g Signature: M 'I/./ C .1-ic aorrQwer Addr .. a: Si~naturo• ________________ (SHl l Borrower Address: in th• atat• •loroaaid •nd in th• WITNESS st hand and official IHI in the COIM'lty and sun 1fore11id thi1 ..i:_ day of • ~·, t9~ ~~/ My comatuton Expfrea: t'fl/_ 91 ANNETTE J. LANGE Motary 1 s Printed Name ,, .. ,td.wp .. \<!:)~~ -~;.l\5 I ·~re! THIS DOCU4ENT RECORDED BY: ' PRIW\lillliD BY: FLEETWOOO TITLE CORPORATION 904 LEE BLVD., SUITE 106 LEHIGH ACRES, FL 33936 FTCI 30627 SECOND 1963272 OR: 2086 PG: 1066 UCOlDID ID om cm UCOlDS of COLL!!l coum' PL 08/04/95 at 12:09Pl DVIGllT I. BIOCI, CLIH MORTGAGE letn: fLllTllOOD mu COlP p 0 801 1105 LJHIGH lCUS fL 33910 1105 OILD om ucm DOC·. 35 IIT·.m 1"1.25 101.25 H.00 5.15 J.JI THIS SECOND MORTGAGE ("Security lnstr1.111ent") ts given en _ _..,.1..,D<tJ,_,.Z ..... -----· 199_1.. The Second Mort9119or is: joined by his wife Ma delos ReyeE under the low~ of the United States of ·~:;;~~~~~~~~~~~==~~~~~~===-~~~~~~~~~~--· Borrow•r~s r: <U.S. S l.8Jl.25 ). This debt 11 evidenced bv Borrower's Note dat t e some date •• th s Secur ty lnstrumnt <"Second Mortgage•), which providta for 1110nthly pe_,iu, with the full debt, if not paid earlier, -•nd payable on-•-.,...,,......,,.....----..,,...--:- Thi1 S.Curlty lrwtr.....,t MCurK to Lendtr: (I) the repayment of the debt oviclenced by the Note, with interest, and all r..-al1, eatenoiorw Ind lllOCltftcations; Cb) the payment of all other ...... with inter•st adv1nced Yl'der par1gr.p. 7 to protect thl security of the Security lnstr....,,t; and (C) tho perfor""'""e of Borrower's coven1nts •nd agrttments Ul"<k• this Security ln&1r.-nt and the Nott. For this purp<;seL lorrower does hereby second mortgage, gnnt •nd convey to Lendlr the fol \owing described property located in Q>l~ier County, Florida. Ao lhDra particularly described on bhibit "A," and which has the address of ("Property Addreu 11 ): TOCETHER WITH al I the iq>ro~:.:...ts ';~ ri:."" on the property, and all easements, rights, lll)p.W'tenancea, ritnta, royalties, minerel, o· · '11..9'~ water rights and stCKk and all fixtures l'K* or herHfter • J)Olrt of the property. All ~ ti and addlt1 ~.,p<'I lso be covered by the Security lnst.-.-nt. All of th• foregoing It referrld to In l.!,.i~urlty lnstr..-nt as t " rty". llOIUIOl.(R COVt:llAllTS that IOrr is fully sehed of the esUte rebv conveyed and has the right to lhDrtgage, grant 1nd convey tho Property and roperty ~ red, • cept for enct.nt>r1nces of r~c.ord. Borre.er warrenu Ind will <Wfend venerally th rty a9a1 l l clai a ckomands, subject IQ any enc~ronces of record. THIS SECURITY INSTRIMUT vari1tlon by Jurisdiction to Const UN IFOllM COVENANTS. Borra 1. Payment of Principal a r shall pr°""tly pay when dUe the principal of and interest on the 2. Tues. lhe Mortgagor w1 water rates prior to the accrual of any pen1lties or intereat thereon. ...,; The Mortgagor shall pay or · ely become-. (A)(I) all taus and per,_,tal clllrges of ""'I Ir.Ind "11ta fi eased or levied against or with respect to the Property, C2) all utility and other a.Jr , tncurrld or iqiosed for the operation, .. 1nt.,,.,..,e, UH, occupancy, upkeep and U> •ll 11sessments or other 11ove,.,_,,tal chargK that •Y lawfully be pi1ld In instal , the Mortgagor shall be obligated urder the Mo<'t-to pay or c_. to be paid only 1uch I ired to be paid during the term of the Mortgage, and 1h1ll, Pf"Ollll>tly after the payment of any of the , orward to Mortgagee evidence of such pa_..t. 3. Application of P1ywient1. Unless applicable law provides otherwise, •ll payments received by Lender shall be applied; fir•t, 10 lntereot due; and, to princlpal due; and last, to any late chargn -under the Note. 4. Cherllff; LI-. IOrrOWllr shell pay ell taxes, assessments, chargea, fines and inipositions attributable to the Property which MY atUln priority over this Security ln&tr .. nent, 1nd leasehold payments or ground r.nts, it 1ny. Borrower •hell pr"""lly furnish to Lender all notices of '""""'''" to be paid under this paragraph, and all rec1ipts evidencing the paymenU, lorrower shall proq>tly discharge any l len which has priority over this Security lnstrunent unless Borrower: (a) agr-In writing to the J)Olyment of the obl I pt Ion secured by the lien in• MMer acceptable to Lender; Cb) contesu in good faith the lien by, or dtftrds agaiMt enforcement of the lien in, legal proceedings which in the Lender's cpinion oper•t• to prevent the enforc_.,t of the lien; or <c> secures frOll the holder ot the lien en 1gr-t s.thfactory to Lender s.mordin1tlng th• lien to this Security lnstr.-nt. If Lender cletert1inH that any part of the Property ia MJect to• lien "11ch MY •tt•ln priority over the Security 1nstrun11nt, lendtr My gi"• lorrower a notice Identifying the lien. Borrower 1h1ll Htlafy the lien or take one or more of the actions Ht forth above within 10 days of the 1lvlng of notice. 5. Hazard or Property lnsurence. Borrower shall keep the lniprov-tl now ealstlng OI' hereafter erected on the Property ln1Ured 9111lnet 1011 by fir1, h•nrds included within the tert1 •eatencfed coverage• and 1ny other h1Hrds, including floods or flooding, for which Lender requires insurance. This Insurance shall be Mintained in the..,.,.,. and for the J)Olriodl th•t Lender requires. Th• insurance carrier providing the insur1nce shall be chosen by lorrower uject t~ Lender'• ..,,-oval "11ch shall not be ..,,.easDfwbly withheld, If Borrower fallK to .. intain coverage described llbove, Lender Illy, al Lender's cpllllfl, obtain coverage to protect Lender'• rights in the Property in 1Ccordance with paragraph 7. At all tiMI that the Note 11 outstanding, the Mortgagor shall Mintain insurance with respect to the Pr .. isK 1191lrwt such risl<t end for 5UCh llOOUntl as are customarily insured against and pay, H the •-bee-due and J)Olyable, all pre11I.-in respect thereto, Including, but not limited to , •ll·rhl< insunnn protecting th• interests of the Mort1•1or end MortgagH against 1011 or dalflage to the Pr..,ises by fire, lightning, and other c111111llies cu1t.-rlly lnaurtd 11alnlt (including boiler eaplosion, If appropriate), with • uni font standard Htended coverage endor._,t, including debrh retllOval coverage. SUch Insurance at all times to be in an _,,,t not less than the full replac_,t c09t of the Pr•lau, ••elusive of footing& and fooodation1. All Insur-• pol lclK end r..-ls shall be accept.bl• to Lender erd lhal! lnc:ludt • standard 110rtpge cl-e. Lender shall have th• right to hold the policies and r-'!•ls. If Lender requlrn, lorrower shall prC1111Ptly 9lvt to Lender all receipts of pi1ld pr•h1111 and r-.l notlcH. In the event of loss, lorrower shall give P"OllPt notice to the lneur..,.,e carrier and Lender. Lender My Mke proof of loss If not Mcie p!'CllllPtly by lorrower. UnlKs Lender end lorrower otherwise agree In writing, insurance proceeds lhall be applied to rHtor1tion or repair of the Property ~ged, If th• rKtoratlon or repair ia ec~lcally feasible and Lender's security is not leuened. If th• restoration or repelr la not economically feasible or Lender's ucurity would be lessenld, the tneur1nc1 procffds ah1ll be -lied to the 1..a secured by the Security lnstruoent, whether or not then m.e, with any eace11 paid to Borrower. If Borrower abandons the Property, or doe• not 1n1wr within 30 days,. notice frca Lendlr that the inaurance carrier has offered to settle a clai11, then Lender NY collect the insurance proceeds. Lender 1111y ·1· OR: 2086 PG: 1067 ~OllM 0 use the proceeds to repa;r or rHtore the Property or to pays~ secured by this Security lnstrunent, whether or r.ot then due. lhe lO·dny ~riod 111ill tN:gin when the notice is mailed. Unless le-nder and Borrower otherwise agree in writ t ng, any application of proceeds to principal shall not extend or postpone the ""* date of the monthly payments referred to tn parmgreph 1 or chon9e the """'""t of tho paY'11fnU. If under para9r1ph 21 the Property is acquired by lender, Borrowr•s right to any insurance policies and proceeds resulting from d811111ge to the Property prior to the lcQUisttion Shall pass to lender to the extent of the s.ins secured by this SKurity lnstnrnent inrnedt1t1ly prior tC> thct acquisition. 6. Oce!Jf)anc:y 1 Preserv1tion, Maintenance and Protection of the Vrcperty; Borrower 1 s Loan Appllcatlein. leaseholds. lorroMer ahal l occ::upy, establish, and use the Property as Borrower's principal residence mithln shty d1y1 after the execution of thi& Security lnstrynent and shall rontinye to occupy the Property as Borrower's principal residence for 1t least OM year after the date of occupancy, unless Lender otherwise agrees in writing, which consent 1hall not be unreosonably withheld, or unless extenuating circ\61\Stances exist which are beyond BorretH~'• control. Borrower shall not destroy, dama9e or i01)Clir ttie Property, allow the Property to deteriorate, or Contntt waste on the Property. Borrower shill be in default if any forfeiture action or proceeding. \lthether c1"il or erimintl, t& begun that in Lender's 9ood faith jud11ment could result in forfeiture of the Property or otheNise 1111teri1lly t-ir the lien created by this Security lnstr"""nt or lender's security interest. Sorrower may cure auch I default and retnatote, as provided tn paragraph 1B, by causing the action or proceeding to be dismissed with a rulinv that, in Lender'• good fa Hh determlnat; on, pr eel udes f orf fi ture of the Borrower• s interest i" the Property or other Nterial ;q>airment of the lien created by this Security lnstn.1rwmt or Lender"s security interest. Borrower shall also be In default if Borrow1r 1 during the loan application process, gave materially false or iMccurate information or statements to Lender (or failed to provide Lender with ony rneterial inforNtion) in CorY\e~tion with the loan evidenced by the Note, including, but not \imfted to, representations concernin9 Borrower's occupancy of the Property •s 1 princ;pal residence. If thjs Security Jnstrunent is on a leaseihold, &orro ... er shall c~ly with ell the provision of the lease. If Borrower acquires fee title to the Property, the leasehold and tne fee title shill not merge un\ess Lender agrees to the merger in ..,rit\ng, 7. Protect 1 on of Lender 1 s Rights in the Property. l f Borro~er fails to perform the covenants and •aref"l'lltnt1 contained in thh SecurHy lnstrYDent, or there 1s a le']al proceeding that may significantly affect L•nder•s rights in tne Property (iuth as a proceeding in bankruptcy, probate. for co~ation or forfeityrti or to enforce laws or regulettons), then Lender mav do and pay tor whatever is nece5o~ary to protect the value of the Property and Lender's rights in the Property, Lender •s act ions may include paying any s;.111S Hcured by e l 1en •hi ch hH priority over thi1 Security lnstr"""nt, appearl119 in court, paying reasonable attorneys' lees and entering on the Property to make repairs. Although lender may take action under this paragraph 7, Lender does not have to do 10. Any emounta disbursed by Lender under this parograph 7 shall beco"'e additional debt of Borrower secured by th;• SKurity ln1trui.nt. Unlen Borrower and Lender egree to other terms of payment, these M\OUflts shall bear interest from the date of disburument at the Note rate ,Pq with interest, upon notice from Lender to lorrower requeat Ing ptymont. L 'r )-e. Mort91Q1 Insurance. If Lender . JcJ,;t,..;_ 1 condition of making the loan secured by thta Securit't' tnstrunent, Borrower sh•\ l ~ t emil.lf'IS requir t"nV~9.'-'in the mortgage insurance in effect. If, for 1ny reason, the 1110rt9a9e insure e\£9 age required by Lende l""" or ceases to be in effect, Borrower 1h1ll pay the preml..,. required to obt inc era e substantially equiva r.t t the mortgage insurance previously in effect, at• cost substantially equiv lent o the cost of the rt 9e insurance previously in effKt, from an llternate ..,rt;ege insurer a rov b ially iva~t mortgage insurance coverage is not evttlable, Borrower shall pay t L lft of the yearly mortgage insurance premiYll being paid by &orrower when the o in effect. Lender will actept, use and re!lin these payments as a oss , L ss reserve payments may no longer be required, at the option of Lende , i n he amo t and for the period that Lender requires) provided by an Insurer a ,o le rfA-i obtained. Borrower shall pay the premilll'lll required to maintain morta eserve, until the requir-nt for 1110rtga9e Insurance ends In accordanc any written agreemMt end Lender or applicable law. 9, Inspection. lender or I ;Ail t may !Nike reasonabl inspections of the Property. Lender shalt give Borrower notice at t >~ of or prio1~ to en c i 1fying re-asonable eause for the Inspection. ~~ .· 0 10. Condennetlon. The proceeds f(!J> ward or claim for es irect or consequential, in connection with 1ny condenwlation or other taking of r e Pr r , ~r"\, onveyance in lieu of condetmation, 1r1 hereby aui9ned and shall be paid to lender. t,,o.!-rn€,a'V ing of the Property, the proceeds shall be applied to the,...,. secured by this Security Ins w!l.t.liii"-ot ~hen due, with any excess paid to Borrower. In the event of a partial taking of the Property, e hir market value of the Property iftlllediately before the taking h equal to or greoter than the amount of the sUM secured by this Security Instr""'"! innediate\y before the laking, unless Borrower and Lender otherwise agree in writing, the S\lllS secured by this Security 1nstrynent shall bl reduced by the emount of th• proceeos llLlltiplied by the following fraction: (a) the total amount of tne s~ secured lntnediately before the taking, divided by (bl the lair market value of the Property i!Mlediately before the teking, Any balance shall be paid to Borrower. In the event of a partial taking of the Property in wllich the fair 1111rket value of the Property imnedlately before the taking is less than the &ll'Q\Jnt of the • ...,,. sKured inmediately for the taking, unle•s Borrower and Lender otherwise agree in writ int or unless applicable law other.ise provides, the proceeds shall be applied to the s<.mS secured by this Security I ns!ruoent whether or not the suns aN then due. Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal •hall not extend or postpone the due date of the monthly payments referred to in paragraphs 1 or c~ange the amount of such pa)lllltnts. 11. Sorrower Not Released, Forbearance By Lender Not a waiver. Extenaion of the ti-for payment or modification of amortization of the '"'"" secured by this Security lns1r1.1nent granted by Lender to any succes•or in interfft of lorrower shall not -rttt to ralHH the l iebil i ty of the or19intl Sorrower or Borrower'• successoro in Interest. Lender 1h1ll not be required to comience proceedings 191inst 1ny 1ucc111or in Interest or refuse to extend ti,.. for payment or otherwise modify ...,rtlzation of the a\lllS secured by this Security lnstr1111tnt by reason of any deoland llllde by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in 11.erciaing eny right or r~ 1h1ll not be a waiver of or preclude the exerciH of 111y right or r~. 12. Succesaora end Assigns Bound; Joint and Several Liability; Co·Signers. The covenants and agreements of th Is Security lnstr"""'"t 1h1l l bind and benefl t the successors and assigns of Lender and Borrower, subject to the Provisions of paragraph 17. Borrower's covenants and agreements shall be joint end severol. Any Sorro .. er who co· signs this Security lnstr~nt but does not execute the Note; (a) is co·signing this Security lnstrunent only to mortgage, ;rant and convey that Borrower's interest in the Property under the terms of this Security lnstrynent; (bl ii not personally obligated to pay the s..-secured by this Security lnstr1111ent; end (C) agrees thU Lender and any other Borrower may agree to extend, IOOdify, forbear or make any acccmnodations with regard to the terms <>f this Security lnatr..,..nt or the llote without that Borrower's consent. 13. Loan Chtrgea. If the loan SKUred by this Securitt lnstr1.111ent is subject ta a law which nts 111a•imu11 loan chtr11e1, ind th1t 1111 i1 flntlly interpreted so that the Interest or other loan char~ts collected or to be collKted In connection with the loan exceed the per11itted limits, then: <•> 1ny such loan charge shall be redueed by the llllOUflt necesHry to reduce the charge to the perml tted I i111I t; and (b) any • ..,.. al reedy collected from lorrower ""lch exceeded permitted llmiU will be refunded to Borrower. Lender INIY choose to 1111ke this refund by reduclnt tht prlnc:lp.11 awed lrlder the Ngte '" by Nki"I • dirtcl paymont to Borrowr, If a refund reca.ces prll'oelpal, the recM:tlon 111\l be treated es a parthl prepaV"'tllt without any prepayment charat Ul'<Mr th• llote. 1'. Notlcea. '"''I notice to Borrower provided for In this Security lnstr""""t shall be given by de\ i~ering It or by 1N11ling It by first cl1ss "'"'\ unleas applicable law required use of another 1111thod. The notice shall be dlrKted to the Property Address or any other llddreu Borrower designetes by notice to Lender. Any notice to Lender shall be 1iven to Borrower or Lender when given n provided in this paragraph. ·Z· OR: 2086 PG: 1068 FOR~ 0 15. ~overning low; Severabil1ty. This Security lnstr.....,nt shall be governed by federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or cllJH of this Security lnstr....,nt or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security lnatr1.111ent or the Note which can be 9iven effect without the conflicting provision. To this end the provisions of this Security lnstr..,,..nt and the Note ore declared 10 be severable. 16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Securit~ lnstrunent. 17. Transfer of the Property or 1 Benefi<ial interest in Borrower. If all or any part of the Property or any interest in it ii sold or transferred (or if a beneficial interest in Borrow•• is sold or transferred and Borrower ts not 1 natural person) without Lltf'der•s prior written consent. Lender may, at its opt;on, require inrnediate payment in full of ill SI.Ins Se'cure<d by this Security 1nstr1.1nent. However, tnis option shall not be eJ1:ercised by Lender if e•ercise is prohibited by federal law as of the date-of this Security lnstrunenL Jf Lender exerched this option, Lender shall g1ve Borro""er notice ot acceleration. The notite shall pro'41de 1 period of not less than 30 days from the date the notice is deli1Jered or mailed within which Borr·ower rrust pay all s""5 secured by !his Security Jnstr..,..nt. If Borrower falls 10 pay these Sl.lllS prior to the e•piration of this period, lender may invoke any r"""'dies permi!!ed by this Security lnstn.o,..nt without furth•r notice or demand on Borrower. 18. Borrower's Ri9ht to Reinstate. If Borrower n-eets certain conditions, Borrower shall have the right to have enforcement of this Security lnstr.....,nt discontinued at any time prior to the earlier of : Cal 5 days (or such c:>ther period .. applicable law IMY specify for reinst•!ement) before sa~e of the Property pursuant to any power of 11le contained in this Security lnstr!ATW.!'nt; or (b) entry of a judgment enforcing this Security lnstr\.lllent.. Those conditions are that Borrower: (aJ pays lender all suns which then would be due under this Suurity Jnslo'.-nt and the Note 11 if "" acceleration had occurred; (bl cure• and default of any other covenants or as;rH111ents; (c) pays all ellpense• Incurred in enforci"9 this Security lnstrLinent. including. but not liinited to, r•asonable attorney's fees; end (d) takes such action as lender may reasonably require to assure that the lien of this Security Jn1tru...nt, Lender 1 1 rights in the Prcperty and Borrower's obligation to pay the SI.IDS secured by this Security Jnstn.rnent shall continue unchangeJ. Upon reinstatement by Borrower, this Security lnstr\lnent ind the obligations •~cured hereby shall remain futly effective •s if no acceleration had occurred. However, this right to reinstate shell not apply in the tase of acceleration under paragrapi 17. 19. Sale of lrilote; Change of Loan Servicer. fr·e Mi:ite or a partit!il interest 1n the Note (together •ith th1s Security JnstrYMnt) may be sold one or n'IOre times w'thout prior notice to Borrower. A sale may result in a change in the entity (known as the "loan Servicer") that collects monthly pa~ments due under the Note and this Security lnstr..,,..nt. There also ""'Y be one or more chanses of tne loan Servicer unrelated to 1 sole of the Note. !f there i 1 a change of the loan Servicer, Borrower will 'I'\ w ti ce of the change in accordance "'i th paragrapll 14 and applicable law. The notice will stat Dad r the """' loan Servicer and the address to "'hi ch payments should be made. The not ice wl 11~-· · ion required by applicable law. ZO. Hazerdous Substances. Borr. l not cause or · lj:l presence, use, disposal. storage, or rel1111t of any Hazardou1 Substances on r · e Property. Sorrower _.\-t-t do, nor allow anyone else to do, anything 1ffecting the Property that ·s In lolatlon of any Enviroonetit l la The preceding ho sentences shall not apply to the presence. use, or 1 orag he Pro s l quan ·ti es of Ha1.ardous Substances that are g-rally recogniud to be appropri te t no iden ial us s nd to int dnce of the Property. lorrower shall pr°""tly give lende 11rl te aim, detn.lnd, lawsuit or other action by any governnental or regulatory age y o E v y any Hazardous Substance or Envir~tll law of which Borrow• ho ~. If is notified by any goverrmental or r<•sulatory authority, that any r val r ther en 1 ti o S tance affectin9 the Property is necessary, Borrower shell pronptly ~ I a r ia a c~ nee with EnvirOM10nul law. As used 1n this paragraph 20, 11 Haz "i stances are t os · as to~d::-or nazardous substances by Envirorvnental law and the follow stances: gasol 1ne, k ""'""ble or to•ir petroleua products, to•IC pest1tid"s and herbicides, vol \. solvents, materials ·n1 g s or formaldehyde, and radioact•ve matenals. As used 1n th · graph 20, ••t.nvtrorvrit.: l a federal la""s and laws of the jurisdiction where the Property is loc t t relate to health, s.a ~ virorvne-ntal protection. 21. Acceleration; Remedies. l s ll 91ve notice to ~er rior to acceleration following Borrow.r•1 breach of any covenant or agn: ~ · Securit ~~ (but not prior to acceleration under paragraph 17 l.r'lless 1ppl lcablt law provides e~I 1, ! 'te l specify: (al the dehul t; (bl the act ion required to cure the default; (c) •date, not l 3 dll: 1 the date the notice is given to Borrower, by which the default lllllt be cured; and Cdl that failure the default on or before the date specified in t•e notice onay result in acceleration of the au. secured by this Security lnstr~t, foreclosure by judicial proceeding and Hie of the Property, The notice shall further inform Borrowr of the right to reinstate after acceler•tlon and the right to assert In the foreclosure proceeding the non·existence of a deflWll or any other defense of lorrower to ecceleration end foreclosure. If the default is not cured on or before the date specified in the notice, Lender, at its option, NY require inwnediate payment in full of all a.-secured by this Security lnstr~t without further denland and may foreclose this Security Jnstn.ment by judicial proceeding, lender shall be entltl.cl to collect all e•penses incurred in pyrsuin9 the remedies provided in this paragraph 21, including, but not limited to, reasonable ettorney•s fees and costs of th• title evidence. ZZ. Releast. Upon payment of all s"11S secured by tll1s Security lnstrunent, lender shall r•lH.., this Security lnstrU"nent, without charge, to Borrower. Borrowtr shall pay any re,ordatlon costs. 21. Attorney&' Fees. As US\.ad in this Setur1ty lnstrUTient and the Note, 11 attorneys• tees" sliall include any It torneys 1 fees awarded b'f" en appellate court. Z4. Riden~ to thia Security Jnstr\.lllll'nt. If cne or more riders are executed by Borrower and rei:orded together with this Security 1nstr1111Mt, the covenants and agr•ements of each such rider shall be incorporated into and shall .-nd and supplement 1he covenants and agre .... nts of this Security Jnstr"'1ent as if the rider(sl were a part of thia Security Jnstr~t. (Check .lpplicable Bo•) D Adjustable Rite Rider 0 Rate ll1'flrovement Rider D Craduatod Poyment Rider D 1·4 family Rider D Balloon Rider D Bi week\ 'I Payment R i ck?r D Condominiun Rider D Second Home Rider [J Planned Unit Oevelopnent ;fider [J Oth.:>r(:i) hPitCif)" SICNINC BELOU, Borrower accepts and agrees to the terms and covenants c:ontaine'd in this Security lnstrLmtnt end '" any rider<•> executed by Borrower and recorded with it. Si9ned, sealed and delivered In the presence of: ·3- Ii •ed.wp .. OR: 2086 PG: 1069 JOlll 0 Adc!.eu: --------------- stptur••-------------Slgnature: _______________ (Sull Borrow.r Print N-•-------------Address: Signature: ____________ _ Signature: ______________ <Seall Print N-•------------ STATE 0, fl..oeiQ9 COUNTY OF CqLL I CR Borrower Address: WITNESS ll'f hllnd ard official IHI In the County and State •foreseld this ~V of _-..... ~J..1\h.....=l...u31-__ , 19~ \ (SUL) LINDA SUE COYNE Notary Publ1<;, Sl..ilu ut Hu11u •. My Cornm. Exµ. Feb 24. 19~1: Corn 11cc 26159'.l *** OR: 2086 PG: 1070 *** LOT 2, BLOC~ 14, NBWMARKBT SUBDIVISION, ACCORDING TO.PLAT IN PLAT BOOK 1, PAGBS 104 AND 105, PUBLIC RBCORDS OF COLLIBR COUNTY, FLORIDA. PARCBL STRAP f 63854200006 ~-Tb~ IAWIUT mu USICIAlU, Ill~. 1-lmfWU mli'll awn11 ~ .,,,... '1 .. , ... , 11tf'~'.l SECOND MORTGAGE THIS SECOND llOITCAGE <"Security Jnstr\MWnt"l i1 given on _...bJ_>J.J-1.,4,.__ _____ _ leapa1do a.sv, a single person C"torr-r•), Thia Security Jnatr\MWnt 11 given to <b1lier <bmtJ 199l_. The Second Mort1•1or la: -.......,,--.....,.......,,..--...,..,...-...,.._ C"Lender"l, which Is organized and exiltlng under the 11w1 of the United Stat" of AMrlca, and llho1llL.llddr.1S• ia lllllD..-......a 1 .n.i. ~= ~-:am:a . tor..-r JNe1 L ...... th• •um of THKt;t; Ttrou!WmJO!lliWRUAtP Pb~ .s ~cu.s .• 3 446 38" ), Thi& debt i1 evidenced by 8orr-r 1 1 Note dated th1 S-date H tif llfi m.--t 4•second ~rtg .. e•), which provldta for 11onthly payment•, with the full debt, If not peld earlier, due and peyabla on • Tht1 Seeurlty lnatrunent llCUrH to Lender: (a) the r-yment of the debt evidenced by the Note, with interest, Ind all ,.._I•, ut_I_ Md lllOdlflcatlona; (bl the po~t of all other •LAM, with Interest advanced under per .. rmph 7 to proteet the 1ecurlty of the Security lnatrUMnt; end (Cl the perforaince of 1arr-r1 1 cov.,..,,tl end .. r-H lnler thh ltcurlty Jnatr.-nt and the Note. for this f:lljrpoae, lorrowr doe• h1treb'( 1econd 110rt1a1•. 1rW1t and convey to Ltnder tht following described property located In NU. C041'1ty, Florida. ~ qua aa1e « lllqlerty, lefiDmce er lam « h_,. Pl •m, Al more particularly described on Exhibit "A," and which has the address of TOGETMEA WITH all the i""rov....,,~~~~~~ ... t.li4.l::.'.'. IAU"lenencff, rent&, roy1ltle1, •lneral ~ or hereafter a part of the property. Al e :=: :=: aDt:th• foreoolng Is rsferrad to t th ..: • ~ ....; ..: ICMQ.IEI COllEIWITS that Borr r la .m"111rv-..,t. ~ ! ... '1k •nd convey the Property and hat th• ty ilw;;i;,c.;.i!,e, ,.. ... ...,.,.,ts Md wt II defend ...,.r•llY ti • to the Pr of record. a on ~ TNll IECUl I TY INSTIUMENT -~"""by Jurladtctlon to c-t fl ;;i !:it W ~ Ulll fORN CovtNAllTI. lorr 8 9 II• c 1. Pa)Wnt of Principal S: principal of and tnterHt on th• t_.I ldtnced by the Note. --2. TuH. Th• Mortgegor wl ~-BP al I taxes, assessment -~...,. I W"'f panaltlH or Interest thereon. :f'J. .-• The Mortgagor ahall pay or vely become due, <A>C1> •II taa" and 90W..-tal charoes of ll'l'f kind whats .. Y at WlY time be la 1es•ed or levied qainst or with respect . · a Ito the Property, <2> all uttl lty end other , luding •ser ,. s•, Incurred or !llpOSed for the operation, IL!) a•lnt-1CI, uaa, occupancy, upkeep and I v ~~ (]) ell anea-tl or other llO'la,.,_,tal o;.. _cll1r8" th1t •Y la11fully bt paid In Install . e •@\l'jlli'o1.Aiars, the Mortgegor snstt bt obltptecl under the l llortf18118 to PIY or ~• to bt paid only such lmta requl rad to be paid cklrlno the term of th• llOrtgage, ~ ':;: and ahall, pr~tly after the pa_.,t of WIY of the foregoing, forward to Mortplff evidence of such pa\'191f1t. C::. i . 3, AR>llcetton of P•'!"""tl, UnleH applic1ble lew provides otherwise, all pa.,....,tl received by L....ter shall ~ ..iibt -lt9d; first, to tnterut ckle; and, to principal due; and last, to any late chergea a under th• Not•. 5 4, Charges; LI-. torrowar shall pay all uxea, HHs ... nta, charges, flnn and 1_.1t1-attrlbut.tlle to !i!i the Property which •Y attain priority over thl• Security Jn1tr..-nt, and l•Hehold pa)Wflt• or grCM'd rents, if W"'f· _ :! ilorrower 1hall prOlllPtlY furnish to Lender all notice• of amounts to be peld under this paragraph, and all receipts u evidencing the pa)lllllntl. :=g;: ! lorr-r ahsll pr~tly discharge any lien which has priority over this Security lnstr.-nt unless torr-r: .... 8 ':'!Cl) agr-In 11rltl.-19 to tht payment of the obligation secured by the lien In I unntr ecceptable to Linder; Cb) contests -! : In good filth the 11.,. by, or defends ... lnat "'forc1111tt1t of the lien In, legal proceedings which In the Lender's opinion -.0 .. opente to prevent th• enforc....,,t of the lien; or (cl secures frOll the holder of the lien an •1•-t utisfactorv ~!!•to Lender tubordlnatlng tht lien to this security lnsrr.-nt. If Lender det1tnolna1 that W'Y pert of tlla Property is I E_si.,Ject to• llan which My attain priority over the Security lnstr~t. Lender 111y 1iv• lorr-r •notice lcllntlfyi,.. ;;; tht lien. lorr-r ahall satisfy the l len or tah one or llOre of the act Iona aet forth al>ov• within 10 days of the ;:;giving of notice. -5. Maurd or Property lnauranct. lorro111r shall keep tht 1..,rov-11 MW exlstll'lll or h•re•har erected on the Property tnaurtd ag1lnat 1011 by flrt, haz1rd1 Included within the term -.xtended cover111e• and ant othlf' hu1rda, !!! Including floods or flooding, for which Lender requlrH tnauranct. Thi• lnaurance sllall be 111lntained In the -ti and for tht perloda that Lender requires. The insurance carrier providing the l111ur1nCt ahlll be cll•en by torr-r I WJect to Lander's appr-1 which shall not be IJV'BIOl'llbly withheld. If Borr-r falls to Mlnt1ln cowr ... Clllcribed ellW, Lender •Y, at Lender'• option, obtain covera11• to protect Lender'• rights In the Prop1trty In accordance with m••1r1ph 7, At 111 ti-thlt the Note Is outstanding, the Mortga90r 1hall 111tnt1ln Insurance with r•pect to the I-ag1l111t such ri•kt end for such -.nts H are cust .... rl ly lnsur..i against end pay, •• the •-bee-ckle and ~ le, 111 pr•lim In rttptet thereto, Including, but not limited to , all·rlak Insurance protecting tlle lnteruta ;! ,-the Mort1a90r and Mort1•IH against 1011 or damage to the Pr .. iHa by fin, lightning, and other casueltiu ;:! t-rlly Insured q1lnst (Including boiler explosion, if appropriate), with • untfor11 standard ••tended-·..- i t, includl1'9 datlrla •-val coverage. Such inouranca at all ti-• to bt in an -...t not IHI thWI the full lac-t cost of th• Pr•laH, exclusive of footing• and foundations. :; i All lnsur...:e policies end •-ls lh•ll be acceptable to Lender and shell include • nrdard mort-cl-•. ,a :!!: r shall h1ve the right to hold the pollclH and renewals. If Lender requlru, lorrower 1h11l prC111Ptly give to ~ii1dlr all rec:elpU of peld pr•llJM and r_,.al notice•. In the event of loss, lorrower shall give prGllpt notice to the lnaurence cerrler and Lander. Lender llllV 111ke proof of 1011 if not Mcie prC111Ptly by lorr-r. UnlaH Lender and lorr-r otherwise 19rtt In writing, Insurance proceed9 ohall be -lied to r"toration or •-Ir of the Property c1Msg9d, if th• rHtoretlon or repair la ec-lcally ftHlble and Ltncler•a 1ecurity is not IHHned. If the r"toretlon or r-lr 11 not ec.,,._lcal ly feaalbl• or Lender'• 1ecurhy W«lld bt 1 ... tfled, the ,_,_,proceeds ahall bt epplted to the lumt oecured by the Security lnstr._.t, whether or not then a, with ,,,.,., excess paid to lorr-r. If lorr-r abandon& the Property, or doeo not -war within 30 deys 1 notice fr• Lender that the insurance carrier h11 offered to Httle a claim, then Lender -Y collect the Insurance proceeds. Lender 111y ·1· OR: 2083 PG: 2342 FORM 0 use th• proceeds to op1ir or restore the Property or to pay S\IOS ucured by thia Stcurity lnatr""nt, whtth•r or not thtn due. !he 30·day period will begin when th• notice •• n11iled. Unless Ler.der and lorrower otherwise 19ree In writing, any 1pplle1tlon of proceed• to princip1l 1h1ll not extend or poltpon• tht due dlit• of t"9 111anthly pl)ftntt referred to in paragraph 1 or ch•"IJ• the alllOunt of the paymentl. If unct.r paratraPi 21 the Prop9rty la acquired by lender, Borrower• s right to any insurance policies and proceeds result int Ir'"" ~ge 10 the Property prior to the acquhtt Ion •h•l l pasa to Lender to tho extent of the """" secured by thlt Security Instrument 1.-dlattly prior to the ac'l"illtion. 6. Oi:cupancy, Prnervation, Maintenance and Protection of the Property; Borrower'• Loan Application, LH•ellolda. Borrower shall occupy, eatabllsh, and use th• Property as Borrower 1 1 princip1l rHidence within 1lx1y day• after the execution of this Security lnstrunent and shall continue to occupy the Property H lorrower•a principal rHidenct for at leol! OM year after the date of occupancy, unle11 Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circ\lllStances exist ""'ich are bty- lorrower•• control. Borrower shall not destroy, damage or 1,,.,..1r tho Property, allow the Property to mteriorate, or c°""'lt WHtl on the Property. Borrower thall be in dehult If any forfeiture action or procff<li"I, ""teher ci"il or crl11inal, it begun that in Lender'• good faith judgment could result In forfeiture of the Property or other,.ise Nttrla\\y l•lr the lien created by this Security lnstrlJ!leflt or Lender'• security interest. lorr-r •Y cure auc;h • def1ult and reinstate, H provided In paragraph 18, by causing the action or procffdint to be di .. lssed .,ith • ruling that, In Lender'• good faith deterlftination, precludes forfeiture of the lorr.,...r•s lntereat In the Property or other •terlal 1..,.1rment of the lien created by thi• Security lnstrunent or Lender's security interest. lorrowr ah•l\ 1l10 be In default if Borrower, duri"IJ the loan application process, 91ve Nterielly f1l1e or lnaccuntl lnfornaet Ion or st•t-.its to Lender tor failed to provide Lender with any Nterial infonnet ion> in connection with the loen evidenced by the Note, including, but not l lmited to, representations concerning Borrower's occupancy of the Property es • princlpel residence, If this Security lnstr,_,,t is on• leesehold, lorrower shall ca.ply with all th• provltlon of the lease, If Borrower acquires fee title lo the Property, the leasehold and the fH title ahall not merge unleu Lender agrees to the merger in writine. 7. Protection of Lender's Rights In the Property. If Borrower fells to perfor10 the covenants and agr-ta contained in this Security lnstr""'"t. or there is a 1911al proceedint that Ny significantly affect Lender'• rights In the Property (such 11 a proceeding In bankruptcy, probate, for condenmltion or forfeiture or to enforce l•w• or regulations), then Lender moy do and pay for wnatever is neceuery to protect the velue of the Property and Lender'• rights in the Property. Lender's actions may include paying any ...... secured by 1 lien which has priority over thio Security lnstr1.111ent, appearing in court, paying reasonable attorneys• fees and entering on the Property to Nkt repairs. Although Lender n11y take ection under this paragraph 7, Lender doe• not hive to do 10. Any MOunta disbursed by Lender under this paragra 7 shal 1 become additional debt of lorrower secured by this Security ln1tr11Mnt. Unless Borrower end Lender topt erms of payment, these amounts shill bear interest from th• date of dlabun-nt at the Note r . ..f~ h 11t,@ , ith interest, upon notice fr'"" Lender to Borrower r9QU11t Ing pl)llllenl. ,\.-)· 8. Mortgage Insurance. If Le thle Security lnstr.-nt, Borrower sh If, for any rtHon, the 110rt91ge Ins ranc shall pay the preoilu. req,iired to ui effect, et a colt aubatant; 1l l y i val tr ... an el ternate ..,rt9age Insure not available, Borrowr 1h1ll pay pr .. 1,,. belnt paid by Borrower wh Ule end reteln th••• pa)'IMntl H be requl red, at the opt I on of L requl rea) provided by an ln1ur1r ed y Ltr\CNr again pr•lu-required to 111tntaln 110rt ·n~urance in effect, or 110rt;ag1 Insurance ends In accords \.'...Wi h any written agre 9. Inspection. Lender or 1'i/"'J t "'"Y make reasonab Lender thal 1 g Ive lorrowtr not Ice at I of prior Inspection. ri 10. tandematlon. The proceeds lil"~v ><.c--"-".;....;=~· with any c~tlon or other taking of en hereby aHl9ned end ehall be paid to Lender. 1pplled to the a\JM secured by thi1 Security Instr;:"""":;:,...--,..;,,-~ Jn the event of • partial toking of the Pr~rty, in which the fair merket velue of the Property i-.llately before the Uklnt II oquel to or greeter then tne amount of the • ...,. Hcur.d by thio Security lnstrunent i~iately before th• tlkl"I, unleu lorrowtr end Lender othtrwlee agree In writi"ll, the s.,.. secured by thil Security lnatr,_..t Shill tit rtdJc:ed by the .......,,t of the proceeds nultipl ied by the followi"I fraction: <•l the total -t of the .,.. eecured linnedletely before the tekl"IJ, divided by lb) the fair Nrket value of the Property 1-.liately before the t1kl"1. Arr/ bllance 1h1ll tit paid to Borrower. In the event of e partial takl"I of the Proper!)' In which the felr Nrket value of the Property 1-.!lately before the taking h less than the ""°"'t of the , ... secured l~lately for th• liking, unleu Borrower end Lender otherwfae agree in wrltlnt or unless lj)plicable law otherwise provldn, the proceeds •hall be epplled to the 1...s secured by this Security lnttr.-nt whether or not the s,,.. are then Ille, Unless L9tlder 8lld Borrower otherwise 19ree In writ Ing, any appl iclt Ion of proceeds to principal ahall not ext-or poetporw the due date of the ..,,,thly payments referred to in paragraphs 1 or chenge the MOunt of such pa,.....u. 11. lorrower Not Released, forbearance By Lender Not a Waiver. Extension of the ti .. for ptyment or llOdificltion of ...,rtlzetlon of the suns secured by this s"curity lnstr...,..111 granted by Lender to any successor in lntereat of aorr""er ehal l not operate to release the l iabi l i 1~ of the original Borrower or Borrower'• auccessora in lnteren. Lender shall not be required to ccmnence proceedi"ll• 1gainst any succeuor In interest or refuse to extend 11111 for pa\'lltnt or otherwiae llOdlfy ...,rtizatlon of the su. 1ecured by thl• Security lnstr.-nt by reason of any demand Nde by the original Borrower or Borrower's 1uccea1ors In Interest. Arr/ forbearance by Lender in e.11trcl1lng any right or remedy ahall not be a waiver of or preclude the exercise of any right or remdy. 12. SucceHors and AHISM lound; ~olnt end Sever1l Liability; Co·Sl.,..r1. The COYeNt'llS and .. r-tl of this Security lnttr....,,t 1hall bind and benefit the successors end 1eslgna of L.ncter end lorrower, subject to the Provhl-of peragreph 17. lorrower 1 1 covenants end agreemenu ehal l be Joint and ••v•r•I. Any lor..-r who co· 11-thl1 tec .. rlty IMtr....,..t but dae• not uecute th" Note; (a) le co·eienlne this S.curlty lnstr.-it only to 11art1 .... 1rant lltld convey that 1orrower•a Interest In th• Property under th• II,.. ot thll :Securltr lmur.-.n\; (b) 11 not per-lly obll1ated to pay the s...,,. secured by this Security lnstr111111nt; and (cl 19rtt11 that Lender and any other lorrower Ny agrH to exterd, modify, forbear or make any 1ccomnodatlons with regard to the te,,. of thl1 lecur lty J n1t r......,,t or the Note without that Borrower '• con.sent. 13. Loen th1rges. If the loan 1ecured by this Security lnstr""""t is ai*>Ject to a lew ""ich sets •xi- loen charges, and thlt law la finally interpreted so that the interest or other loan charges collected or to bl collected In connect Ion with the loan exceed the permi tied limits, then: (a) any such loan charge shall be rtdJc:ed by the nount necnury to reduce the charge to the per11f1ted I i11it; end (b) any s,,.. elreacly collected from lorrower which exceeded permitted limits will be refunded to Borrower. Lender 1111y choose to Nke this refund by reduclnt the principal owed under the Note or by making a dir°'t payment to lorrowr. If a refund recl.cH principal, th• reduction wll 1 be treated as 1 partial prepayment without any prepaymnt charge unci.r the llOte. 14. Notices, Any notice to Borrower provided for in this Security Instr.-.! lhall be 9iven by delivering It or by •II Ing It by flret cl11• mail unle11 appl inble law required UH of enother Mthod. The notice Shall be directed to the Property Addre11 or any other addrHt Borrower de1l9nateo by notice to Lender. Air/ notice to Lender Shall be given to lorrower or L.ncter whtn elven as provided in thit paraorlJlh. ·2· OR: 2083 PG: 2343 FORM 0 IS. Governinv Law; Severobility. This Security lnstr..,..nt shall be 90-.rned by feder•l law and thl law of the jurisdiction in which the Property is located. In the event that any provision or claun of this Security lnstruoent or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security ln1tr1111ent or the Note which can be given effect without the conflictinv provision. To this tnd the provisions of this Security lnstrLJnent and the Note are declared to be severable. 16. Borrower• a Copy. Borrower shall be given one conformed copy of the Note and of this Security lnstr.-nt. 11. Tran1for of th• Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interHt in It Is aold or transferred (or if a beneficial interest in Borrower is sold or transferred and lorrower i1 not 1 n11tur1l person) without lender's prior written cons~nt, Lender NV, at its opt;on, require imntdi1t1 pa~t in full of all suns secured by this security lnstro.rnent. However, this option shall not be .xerciaed by Lender if ••erciae is prohibited by federal la• as of the date of this Security lnstr.-nt. lf Linder Hercised this option, Lender shall 9ive Borrower notice of acceleration. The notice ahall provide a period of not le11 than 30 days frcxn the date the notice ia delivered or mailed within which Borrower Oil.Isl pay all si.s Hcured by thla Security lnstr..-nt. If Borrower fails to pay theses.-prior to the ••piration of this period, Lender 111y invoke 1ny remedies permitted by this security lnstr....,nt without further notic• or detNnd on Borrower. 18. lorrower•1 Right to Rein1t1te. If Borrower meets ceruin conditions, lorrower shill hove the right to hove enforc_,,t of this Security 1nstn111ent discontinued at any time prior to the earlier of : Cal 5 days <or •uch other F19rlod as oppl I cable l•w Ny specify for reinS!at.,...nt) before ule of th• Po·operty pursuant to ony power of 11le contolned in this Security lnstrllllent; or (bl entry of a judgment enforcine this Security lnstn-nt. Those ,ond;tions ere that Borrower: (a) pays Lender all sl.ITIS which then would be due under thh Security lnstrllnff\t •nd the Nou H if no acceleration had occurred; (bl cures and default of any other covenants or agre.,...nts; <cl pays 1ll eApenses incurred in enfordng this Security Jnstrunent, inclu:Hng, b..tt not limited to, r"'eason.able attorney•s ftto; and (di takH such action es Lender may reasonably require to assure thlt the lien of this Security Jnstr'-""'nt, Lender's righu in the Property and Borrower's obligation to pay the sLPS secured by itus Security lnstr..,..nt shal 1 continue unchanged, Upon reinstat.,...nt by Sorrower, thos Security lnstro.rnent and the obi ig1tions secured hereby &hall remain fully effective as if no acceleration had occurred. However. this right to reinstate shill not apply in the CIH of 1cceleration under par1graph 17. 19. Sale of Note; Chan11e of Loan Servicer. The Note or a partial interest in the Note (together with this Security lnstrLJnentl may be sold one or more times without prior notice to Borrower. A sale may result in a chanve tn the 1nthy (known H the "Loan Servicer") that collects monthly payments due under the Note and this securitY lnstri.nent. There al10 mey be one or more chanves of th• Loan Ser•icer unrelettd to 1 sale of the Note. If there ta 1 chanv• of the Loen Servicer, Borrower will be n notice of the ch11>9e in accordance with paragraph 14 and 1ppllcable law. The notice will state t the new Loan Ser•icer ond the address to which paymenta ahould be mede. The notice will al r tion required by applicable law. zo. Hazardous Subat•nce-s Borro t cause or presence, use, disposal, storage, or release of any Haurdous Substance~ on Property. Borrower ail~' t do, nor allow anyone else to do, anythinv affectin11 the Property that i lotion of any Envir~n ifl'a The precedinv two sentences shall not apoly to tha presence, use, or st rage rty of small quan ties of Haurdous Substances that are gener1lly recognized to be appropria • to siden nd to inte ance of the Property. lorrower shall proorptly give Lender rlt aim, demand. la .. suit or other action by any go•er..-ntal or regulatory 1ge y or 1 1ny Hazardous Substance or Envlr.......,,tal Law of which Borrowe has is notitiod by any 11o•er.-nt1l or rqulatory authority, that any r al o her enc• affecting the Property is nec1111ry, lorrower ahall prcxnptly ts; ll ne e with EnvirONWnt1l L1w. Al used in this paragraph 20, "Haza • es to•ic or hazardous 1ubstanc11 by Environntntal Law and tha follow a stances: ble or toxic petrol-proc;..cts, toxic peatlctdes and herbicides, vol ~ solvents, materials c or fornldellyde, and radtoactlvt 111terl1l1. Al used in th" agraph 20, "Envir fedenl laws and laws of thl jurhdlction wher1 th• Property is loc at relate to health, sf ~ ir..,..nt1l protection. 21. Acceleration; Remedies. L all 9ive notice to Bor~ ior to 1cceleration followinv lorrower•s breach of •"Y covenant or egre J~ his Security ln t b.Jt not prior to accel•ration t.nier paragraph 17 unless applicable law provides 1'\'tr · ~s\ specify: (I) the default; Cb) the action required to cure the default; (C) 1 date, not hj _ ~ /.u,..'-j, e date the notice is given to Borrower. by which the default nust be cured; and Cdl that fal cbr'e'-_ fault on or before the date specified in the notice NY result tn •cceleretion of the syns secured by this Security lnstnnent, foreclosure by Judicial proceeding and ule of the Property. !he notice shall further inform Borrower of the right to reinstate after acc::eler1tion •nd the riaht to assert in the foreclosure proceediOi the non-eAistenc:e of a default or any other c&.fM•• of Borrower ta accelerat1on and foreclosure. If the default is. not cured on or beforl' the Gilt• specified the notice, Lender, at its option, may require \rrmediate payment in full of all SLmS secured by th1s Security IMtr-t without furthl~ deNnd and may foreclose this Security lnstr.-nt by judicial proceeding. Lender shall be entitled to collect all 1xpense1 incurred in pursuing the remedies provided in this para9rapll Z1, includine, but not 11•1 ted to, reHonable 1ttorney•s fees and costs of the tit le e•idence. 22. Release. Upon ptyment of all ILJnS secured by this Security lnstrUllltnt, Lender shall release this Security Instrument, without charge, to Borrower. Borrower shall pay any recordation costs. 23. Attorneya• fee1. Al used in thh Security lnstrunent Ind the Note, 1•ettorneys 1 ftts 11 shall include any attorneys• fHI awarded by an appel lite court. 24. liders to thl1 Security Jnstr....,nt. JI one or""'" riders are executed by Borrower and recorde(I tavether with this Security ln1tr......,t, the covenants and agre.,...nts of each such rider shall be incorporated into and 1llall -nc1 and suppl-nt the covenants and agre.,...nts of this Security lnstrunent •• if the rider<•> ... re a part of this Security lnstrunent. (Check Appl lcablo Sox) 0 Adjustable Rate Rider D Rate l~rovement Aider 0 Graduated Peytnent Rider D 1·4 family Rtder 0 Bel loon Rider 0 Biweelr.ly Payment Aider 0 CondominiUlll Rider 0 Second Home Rider 0 Plarned Unit Developnent Rider 0 Other(&) (Specify SIGNING BELClll, Borrower 1ccept1 end agrees to the terms and covenants contained in this Security Jnstr.-nt and in any rider<•> .. ecutad by Borrower and recorded with it. Signed, oealed and delivered in th• pres•nce of: ·3· • OR: 2083 PG: 2344 FOlll 0 11"'9tU,... \ ~ 4IJ. fU ··_--.M'SlrJf"'ture: l,0114/ltJ &t'r(! Print lw: :J;4'1.J M. (r.n]'be._ Borrowir I~ lbao (Seal) Print Signature: _____________ _ Print 11-1 ____________ _ Sfflllture: ____________ _ Print Nw: ____________ _ STATE OF r(, 0('/01; COUNTY OI (!L' (/ "fJ? for-.o ne Addrea11 ---------------- Slgnature:=---------------<Sffl) Borrower Address: Signature:..,,... ______________ 1se11> Borrower Addre11: Slgnature:,,_ ______________ (Seel) Borrower Addren: crlbed In INI who executed the tr .. tr,,_,t llr'd 11c:knowledetd before • th "'-:~~~--~~,.....'?t'I." for the purpose therein •llPf'Hled. WITNESS 11Y hand INI offlel1l IHI , ,,<iS~ Notery•s Printed 11- (HAL) • "Exhibit A" ATTACHMENT FOR LEGAL DESCRIPTION ROMERO.l.87M21 872421 *** OR: 2083 PG: 2345 *** LOT D, BLOCK 2, OF THAT CERTAIN SUBDIVISION KNOWN AS AVALON ESTATES, UNIT N0.1 ACCORDING TOTHE MAP OR PLAT THEREOF ON FILE AND RECORDED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF COWER COUNTY, FLORIDA. IN PLAT BOOK 3, PAGE(S, 82. • 1953333 OR: 2075 PG: 0660 . .-RICOIDID 10 om cm llCOIDS of COLLlll coum' PL 07/03/15 At 02:0011 DWIGHT I. llOCI, CUH OllJ) 08LI fOlll 0 5000. 00 5000. DO SECOND MORTGAGB htn: GLOBAL TITLI CO P!Cl UP TMll SECOND llOITGAGE <"Security lnat..-t•) 11 9fven on .llllL.U, 199...l_. lh• Second Mort9agor ii: Lila A. Saith A SINGLE PERSON C"lorrowr•). Thia Security lnstr-t h 9iven to Coll fer Cp<11ty ucm DOC-.35 IIT·.002 H.00 11.50 10.08 ("Lender">, which la organiz.cl and uilting under th• 1-of the llnltad Stat• of AMrica, and whoa• addre11 ii 2!!QO Mprtb Kgnghpt 01'' MIQIU flgrjdl Jl9'2. lorrower -• Lander the -of f!llE IIQJSAW! QOLLAIS All! MQ/]00 cu.s. l..l...lHm.!111> Thia debt la avidenc.cl by lorr-r•a Mota cllted the •-date M this Security lrwt~t c•second Mortg1199•), which provides for _,thly Plv-t"tl, with the full debt, If not pmid .,.lfw, u and p!IYlble on--* • Thh Security ln&tr...nt HCurH to Lender: <•> th• repe,..,,t of the debt evldenc.cl by th• Note, with Interest, and all renewals, extensions and modifications; Cbl the pm,_,,t of all other -. with lnurest ec!Yenced under paragrap. 7 to protect the security of the Security lnatr-t; and (c) the pert~• of Borrower'• cov-.ta and aer-u under thi• Security lnatr.-nt and the llote. for this purpose, IOrrower don her~ second 110rt9qe, grant and convey to Lender the following described property located in Cplllrr Ccuity, Florida. * Payllble upon Hla of property, refinance or lost of h-t•ed exe11ptlon. Aa 110re p!lrtfcularly described on Exhibit •r.,• and which h111 the eddresa of •~·uy1 TOC:ETHU Ill TK all the hoprov lflPUl't-.CH, rents, rayal!lea, •Iner ot' her•fter 1 pert of the property. iru. 'ltl111t11C All of the foregoing II referr.cl to n IOUCllEI IXNEIWITS that lor ower 110,.....-.IWI.~ grant 1nd convey th• Property th t ·l't'l,-..._UOlnic\m•• ...,.r1nt1 Ind will defen:f generally the ltle of record. THIS SECUllTY IMSIRUME T c I f varl1tlon by Jurlldletlon to c ti ta a un fo UlllfOlll COVEIWITS. lo ~1 L 1. Pa)mllt of Principal tnlJ :'-ll.!~i.-ee:t_.lfisl prlnclP1l of and Interest on th ·~ evidenced by the Rot 2. Tu•. The Mortg1go ~ pay el I tuea, asses and non·1.11iform covenenta with li•lted real property. rr-r shall prOlllptl y pay •en due thr or water ratH prior to the accr111l of any peneltiH or Interest thereon ~ The Mortpgor shill pay ,;r; e to be paid, as t tivcly bee-d.11, (A)(1) 1ll tu• 11\d ~tel charen of ll1Y kind what r fch •Y at -ti• bt f · aHes&cd or levied against or with teapKt to the Ptq)llrty, CZ> 1ll utll lty Ind ot ~JD a, Including •ser q.•' h g .. •, incurred or i_..i for the operation, ulnt-.ce, UH, occupancy, upkeep ~·-~~ and (3) 1ll HIHINf\t& or other govcr.-nt1l chartH that •Y lawfully be paid In Inst years, the Mortgagor 11\1\l be obi ipted under the llortlfltll to Pl'f or c_. to be paid only such 1 required to be paid during the term of the Mortgage, and shall, pr0111ptly after the pa~t of lllY of the forqolng, forward to Morta-evidence of such ii-r-t1t. J. AA>l lcatlon of Payment•. Unl .. 1 1R>l feeble law provldH otherwise, all si-r-t1U racelved by Ltndtr shall bt 11FPllcd; first, to lnterHt due; and, to principal due; and last, to any late char91a u under the llote. 4. Cha,....; LI-. lorrower shall pay all taxea, HSHIMnt&, charges, fines and lllpOSltions attrlbutllble to the Property which •Y 1ttaln priority over thl1 Security Instrument, and luaehold p11,_,,ta or 9rounl renu, if -· lorrover 11\111 pCOlllptly furnish to Lender all notlcH of _,,ta to be paid under this paragrap., and all receipts avldancl,.. the pav-nta. lorr-r shill pr0111ptly dlac:harge any lien which haa priority over thl1 Security lnatr.._,t Wt\a11 IOrrower: Cal..,._ In writing to the p!l)mllt of the cblltatlon aecured by the lirn in a..,..., acceptable to Lander; (bl contHU In good fifth the llrn by, or dtferdl 1911ln1t 1nforc-t of the lien In, lttal proceadine1 which in the Lender'• opinion operate to prevent the enforc-t cf th• lien; or <cl secures from the holder of the lien an aer-t Htiafactory to Lender 1ubordln1t1ng the 1 len to this Security lnetrUlltflt. II Ltndtr deteraines thet any pmrt of the Property fa llbject to 1 lf1n •lch •Y 1ttafn priority over the Security lnstrUlllflt, Ltndtr •Y give lorrower a notice Identifying the l len. lorrower 1hall 11ti1fy th• lien or take one or 110ra of the actiona set forth above within 10 daya of the 9lvlng of notice. 5. Hazard or Property lnourence. Borrower shall keep the i""roveaoent1 now uhting or heruftar erected on the Prcperty irwured against \011 by f Ire, haurdl Included within the t•r'" •utendcd covcrate" ...i any other hazarda, Inch.ding floodl or flooding, for which Lender requires Insurance. This Insurance shall be •intainad In the Mcuits rd for the p!ltlodt thlt Ltndtr requlrH. The Insurance cerrler providing the Insurance shall be choaan b)' lorrower llbJact to Lander'• llJ'Pl'OVll •fch shall not be unc ... onobly withheld. If lorrowar falls to •intain coverage described above, Lander •Y. 1t Lender'• option, obtain covcr111• to protect Ltndtr'• rights In the Property In accordance with par19r1ph 7. At all ti•• that the Mote h outstanding, the Mortgagor shell •intein lnauranca with respect to the p,...1 .. A111lrwt such rfaka en:f for auch _,,ti aa are cuatomarlly Insured ag1lnat and p11y, as the ... bee-u en:f p!IYlble, all pr•iumo In respect thereto, Including, but not ll•ited to , •ll·rlsll lrwuranc1 protectll'll the Interest• of the Mortpgor end llortgagft agalnet lost or ~9e to the Pr•laea by fire, lightning, and other cUUlltlea cuat-rfly Insured epfnat <Including boiler explosion, if epproprlatel, with • uniform ltendllrd utendcd cowr- ......_t, including debris rN10v1l coverage. Such Insurance et all ti•• to be In en Mcuit not less then the full replac_,t coat of the Pr•fsea, excluelve of footings and feutdatfone. All lrwurance pollci• and r.-11 llhall be acceptable to Lender ...i shell include 1 standard mortpge cl .... Lender ahal l have the right to hold the pollclH and r-..111. If Lender requires, lorro...r shall pr0111ptly give to Lenltr 1ll receipt• of P1ld pr•fum rd renaw•I notices. In th• event of loas, Borr-r shall 1lva pl'Olllpt notice to tha lrwurance carrier and Lender. Lender •Y •ke proof of loss ff not uJc promptly by Borr-r. lkll•• Lander and lorrower otherwlH agrH In wrltlno, Insurance proceeds shall be WI ied to restor1tlan or repair of the Property dMaged, ff the rHtoratlon or repeir ii economically feasible llCd Lender's security is not la11ened. If the rHtoratlon or repair ia not economically haafble or Lender'a aecurity -.td be lessened, the llllUl'ance pl'OCeade shall be appl led to th• -secured by the securf ty lrwtr.-.t, whether or not ti..rt due, with - IKHI peld to lorrower. If lorrower abllldonl the Property, or does not anewer within 30 days a notice from Lander that the lrwuranca carrier hH offered to aettle a clal•, then Lender •Y collect th• ineurance procffda. Lander •Y ·1· OR: 2075 PG: 0661 FORM 0 UH the proc:~ to repair or restore the Property or to pay SI.IDS secured by this Security lnstrl-'t, whether or not then due. Tho 30·d.y period will begin"""" the notice i& Niled. Unle•• LMC!er and Borrower otherwise 99ree In writing, lfl"'I application of proceed• to principal •hall not e•tend or postpone the due date of the -.thly poa~tl referred to in paragraph 1 or change the 1M11QU11t of the payments. l f under paragraph 21 the Property is Kqi;ired by lender, Borrower's right to any insurance policies and proceed• resulting from "-lie to the Property prior to th• acqui•ition shall pasa to Lender to the extent of the suns secured by thi• se~urity lnstr.->t 1.-dlltely prior to the ocqul1itlon. 6. Occupancy, Preservation, Maintenance ond Protect ion of the Property; Borrower•• Loan Appl tut ion, Lnalholda. lorrower ahall occupy, ostabl ish, and use the Property H Borrower's principal r11idenc1 within sixty d.ys after tho ox.cutlon of this Security lnstr1111ent and shall continue to occupy the Property 11 lorrower•s prlnclpel r11ldenc1 for at least one year afler tho date of occupancy, unleaa Londer otherwiae 119reea in .. riting, which conHnt shall not be unreasonably withheld, or unless extenuating circ11DStances exist which are beyond lorrower•a control. Borrower shall not c»atroy, damage or iq>air the Property, allow the Property to deteriorote, or c.-lt ,,.•t• on the Property. Borrower shall be in default if any forfeiture action or proceeding, whether civil or crl•lnal, la begun that in Lender's good faith j~t could re•ult in forfeiture of the Property or otherwise •torlally l~lr the lien created by this Security lnstr.ment or Lender's security interest. lorrower •Y cure such a defaul! and reinstate, as provided in paragraph 18, by causing the action er proceedine to be dismissed with a ruling tnat, In Lender's good faith deter•inetion, precludes forfeiture of the Borrower's interest In the Property or other •terial 1""8irment of the lien created by this Security lnstr1.111ent or lender's security interest. lorrower shall al&O be in default if Borrower, during the loan application process, gave materially false or lnac:curat• Information or statl!llll!nh to lender (or fai Led to provide Lender with any material infor•tion) in coovwetlon with th• loan evidenced by the Note, including, but not limited to, rep<"esentationa concerning lorrower•s oc:cup11nc:y of the Praperty .. a principal residence. If this Security lnstrUlll!nt is on a leasehold, Borrower shall c0111ply 11\th all the provision of the lease. If Borrower acquirea fee title to the Property, the leasehold lll'd the fee title -1\all not •ree unlHs Lender agrees to the ..erger In writing. 7. Protection of Lender's Rights in the Property, If Borrower fails to perforno the covenants and agr-ta contained In this security lnstrUlll'nt, or there is a leval proceeding that uy significantly affect Lender'• rights In th• Property (such •• a proceeding In ban~ruptcy, probate, for c~tion or forfeiture or to enforce law or regulRtlon1>. then Lender ""'Y do and pay for whatever is necessary to protect the value of the Property llnd Le<lder•a right& in the Property. Lender's actions may include paying any •um secured by a lien which hll priority ever this Security lnstr .. nent, appearing in court, paying reasonable attorneys' fees and entering on the Property to 11ake repairs. Although Lender may take action under this paragraph 7, Lender does not have to do so. Any -.nu disburs.cl by lender under this paragraph 7 shall become additional debt of Borr·ower secured by this Security lnstrunent. Unless Borrower and lender agree her terms of payment, these amounts shall bear intere&t froa the date of disbursement at the Note rate lti~ with inteNst, upon not1c1 fraa Lender to lorrOW1r requesting pa)'llent. · ,1'. ..._,V ~ 8. Mortgage Insurance. lf Lende · rtgage 1 a condition of 11aking th• loan secured by thl1 Security lnatru.nt, Borrower shal premium required · in the mortgage insurance in effect. If, for any rHson, tho .,rt gage i nsur erage required by Letlder e or ceases to be in effect, Borrower -"•II pey the pr•I.-required to ain stantially equiv1l t t the mortgage insurance previously in effect, at a co•t 1~tantially equi alen to cost of the rt ge insurance previously in effect, from.,., •lt1rnat1 100rt11a111 insurer ppro ed by Le substan ially Iva t 1110rtgage insurance coverage is not av•llllble, Borrower ohal l pay L l I ft of the yearly 110rt9'1l1e insurance pr•I..-being paid by Borrower wh the in effect. Lendotr will accept, UH and ret•ln then payments ea a loss ss re•erve payments •Y no loneer be required, •I the option of Le era9e in the t and for the period that lender requires) provided by an insurer a s av e ·s obtained. IOrrower shall pay the pr•i..-required to Nintain mortg e i suranc• in effect, or prgv de af~ reserve, untH the requirement for .,rtgag1 Insurance ends In acoordao I.: any written agreemen twe n B ri!!)'yr and lender or .ppl icllbl1 law. 9. Inspection. Lender or i ~t may uke rea•onab r· s nd inspections of the Property. Lender shall give Borrower notice at of or prior to an is 1· ifying reasonable cause for the inspection. 10. C~tlon. The proceeds for direct or consequential, in connection with 111"'1 concle9latlon or other taking of a conveyance in lieu of condealatlon, are hereby •Hlgned llnd 1hall be paid to Lender. aking of the Property, the proceed$ shall be mA>lied to the • .,. 11cured by thi• Security Inst not then due, with any excess peid to lorrower. In the event of a partial taking of the Property, In which the fair •rket value of the Property i~iately before th• taking lo equal to or greater than the lllOIMlt of the .... secured by thu Security lnstr-t i~iately before thl taking, unleH lorrower and Lender otherwiae agree In writing, the s..a secured by this Security lnaU....,t shall be r-.Ced by the lllN)UO! of the proceeds ...,ltiplied by the following fraction: (a) the total llllOll!t of the au. secured 1-.Jlately before the taking, divided by (bl the fair market value of the Property iamediately before the taking. Any bllanc1 shall be paid to Borrower. In the event of a partial taking of the Property in wlllch the fair Mrket value of the Property illlllediately before the taking is le$$ than the amount of the slJllll secured l-.flat1ly for the taking, unless Borrower and Lender otherwise agree in writing or unless applicable law otherwise provlde1, the proceeds shell be applied to the s..ms secured by this Security 1Mtr"""'1t whether or not the s.-are then due. Unless L-..der and Borrower otherwise agree in writing, any application of proceeds to principal shall not exttnl or poatp<>M th• di..e date of the 1110t1thly payments referred to in paragraphs l or change the 111\0UOt of such peyments. 11. lorrower Mot Released, Forbearance By Lender Not a Waiver. htension of the time for payment or llOdlflcatlon of -.rtlzatlon of the suas secured by this Security lnsHunent granted by Lender to .,,y succHsor in Interest of lorrOlltr ahal l not operate to releue the L iabi l Uy of the original Borrower or Borrower's successors in Interest. Lender shall not be required to cOOllleOCe proceedings against any successor in interest or refuse to 1xttnl ti• for pav-ot or otherwise llOdify ...,rtization of the suas secured by this Security lnstr.-nt by reason of arrv ~ Mde by the original Borrower or Borrowt!r •s successors in interest. Any forbearance by Lender in 1Aercl1lng 111"'1 right or r...ty &hall not be a waiver of or preclu<N the uercise of any right or rllle<ly. 12. succe1sor1 end A&1i51n1 Bound; Joint and Several Liabi l itv: Co·Si9ners. The covenants and a9r-...nts of this Security lnstrl-'t shell bind and benefit the successor. and assigns of lender and lorrower, subject to the Provl1lon1 of paragraph 17. Borrower'• covenanu and 111re .. ients shall be joint and several. Any Borrower who co· alp this Security lnatrlllllflt but does not eAtcute the Note; ta> Is co·signing this Security lnstr111ent only to .artgag1, grant and convey that Borrower's interest in the Property under the terms of this Security lnstrlAMnt; (bl la not personally obi !gated to pay the '""' secured by t~is Security lnstr"""'1t; and (cl agrees that Llflder and any other lorrower •y agrff to ••tend, onodify, forbear or make any 1cc~tion1 with r4'11ard to the ter• of this Security lnatr-t or the Note without that Borrower's consent. 13. Loan Char9ea. If the loan secured by this Security lolStrunent is subject to a law which sets lllllli- 1 ...... chergea, llnd that law ii finally Interpreted so that the interest or other loan charges collected or to be collected In connection with the loan exceed tho permitted li•its, then: <ol any such loan charge shall be reduceo by the ..uit neceasary to reduce the charge to the per•itted li•it; and (bl any 1uns already collected from lorrOlltr llhlch excHded per•itted limits will be refunded to Borrower. Lender may choose to Nke this ref.nl by r.O.Clne the principal Oiied under the Note or by -king •direct payment to Borrower. If a refund re<Lices principal, the reduction will be treoted as a partial prepa)'Olent without any prepa'(llent charge under the liote. 14. Notices. Any notice to 8orrower provided for in this Security lnstrunent shall be 9i~en by delivering It or by •Hine it by first class mall unless applicable law required use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to ltnder shall be given to Borrower or Lender when given as provided in this paragraph. OR: 2075 PG: 0662 ,· FORM 0 15. Governing Lew; Severability. This Security lnstrllllMt shell be governed by federal 1811 8nd the la" of the Jurhdict1on In which the Property is located. In the event that any provision or clause of thi1 Security Jnetr...,.t or the Not. confl ict1 wilh •llPl icable law, such conflict shall not affect other provisions of this Security lnetr~t or the Note which can be given effect without th• conflictil'ICj provision. To this end the provl1iona of thh Security lnatrLJMnt and the Note are declued to b4o aeverti>le. 16. lorrowr 11 Copy. Borrower 1hall be given one conformed copy of the Note and of thia Security lnetr...,.t. 17. Transfer of the Property or a Beneficial Interest in Borrower. If ell or ony pert of th• Property or In)' inttrHt in It is aold or trilllsferred (or if 1 beneficial interest in lorro..er is sold or tr .. terred 8nd Borrower h not 1 natural person) without Lender•a prior written consent, lender may, at its option, requir• 1.-diate pe-nt in full of all SL111S secured by this Security Jnstrl.lllent. However, this option shall not be eurciaed by Lender if exercise is pruhibited by federal law as of the date of this Security lnatr...,.t. If Lander e.11.erched this option, Lender shall give Borrower notice of acceleration. The notice shall provide• period of not le11 then 30 daya frOlll the date the notice is delivered or mailed within which Borrower -..st P9Y all ,,.. aacured by this Security lnstrunent. If Borrower fails to pay these • ...,.. prior to the expiration of this period, lender 111y Invoke any remedies permitted by thi• Security lru;trU11Mt without further notice or~ on lorrower. 18. lorrowr 11 Right to Reinatate. If Borrower neets certain conditions, Borrower shall have the right to ha .... enforc-t of thh security Instr......,! discontinued at any ti .. prior to the earlier of : Ca) 5 days <or such other period •• appl I cable law 11ay 1pectfy for reinltatement) before ule of the Property pursuant to .,,Y power of Hle contained In this Security lns1runent; or (b) entry of a judgment enforci119 this Security lnstr....,.t. Those conditions ar• that Borrower: (a) pays Lender all •1.11111 wnich then would be due under this Security lnstr....,.t and the Note aa If no acceleration had occurred; (b) c"res and default of any other covenants or agr-ts; (cl pays all axpens•s Incurred in ..,,forcir19 this Security lnltrl.Jlll'Ot, includi119, but not li11ited to, reasonable attorney's fees; and (dl takes such action as Lender may reasonably require to assure that the I ien of this Security Instrument, Lender•• rights in th& Propertv and 8orr01il'er 1 s obligation to pay the sumc1 secured by this Security lnatr....,.t shall continu<t unchanged. UpM reinstat""""'t by Borrower, this S~curity lnstr1111ent and the obligations secured hereby shell reuin fully effective a• if no acceleration had occurred. However, this right to reinstate shll not apply in the case of acceleration under paragraph 17. 19. Sale of Note; Chanve of loan Servicer. The Mote or a panial interest in the Mote (t09ether with this Security lnatr.-ntl .. y be sold one or 110re time1 without prior notice to Borrower. A sale .. Y result in a ch_. In th• entity (known•• the "Loan Servicer•) that col lect1 ononthly payments due under the Note and this Security lnatr...,.t. There 1110 •Y be one or 110re changH of the loan Servicer unrelated to a sale of the llote. If there 11 I ChWlll9 of the Loan Servicer, Borrower wil I be notice of the cha119e in accordance 10ith 1>9ragrll)h 14 8nd appl lcable law. The notice 10ill state ts; the new Loan Servicer and the address to IOhich payments should be made. !he not Ice will a till tion required b1• applicable law. 20. Hazardous Substance.. Borr not cause or Vt~'e, presence, use, disposal, storage, nr relea11 of any Haurdoua Substances on Property. Borrower ~~ t do, nor allow anyone else to do, anything affecting the Property that i olation of any Envir~n I La The preceding two sentences shall not apply to the presence, use, ors rave rty of ll quan 'ties of Hazardous Substances that •re 1-r•lly rec09nized to be appropri et nor identlw u nd to int nee of the Property. lorrowr 1h1ll proq>tly give lender writ en notice demand, lawsuit or other action by In)' tover,_,,tal or regulatory age y o any Hazardous Subetance or Envlrorw.nul Law of IOhich Borrowe has is notified by In)' gover,_,,ul or regulatory ... thorlty, that ony r val her ance 1ffecting the Property is A• u11d In thil pare9rll)h 20, "Haz e as to.tic or hazardous sl.bstances rwc:nHry, lorrower shall proq>tly t$t II ne • e with Envir.,,_.,tal Low. by Erwlr-ul Law lllld the follow · Q_J~ tances: ble or toxic petroleua products, to.tic pesticides and herbicides, vol ~ solvents, 11ateri1ls c a • or formaldehyde, and radioactive •terl1l1. As used in th' groph 20, "Envir~ w• ~ federal laws and lows of the juriadlction where the Property ii loc t relate to health, sa €.} vir~tal protection. 21. Accel•r•tion; Remed\es. l ll give notice to lo er rior to acceleration following lorrower•a breach of any covenant or agre Security (but not prior to accelerati0t, under p1r19raph 17 unlHI applicable law provide• · ,. specify; Ce> the <Wf1ult; (bl the act ion required to cure the default; (C) a date, not @ he date the notice is giv"" to Borrower, by IOhlch the default -..11 be cured; and Id) that e default on or before the date specified in the notic• •Y result in .cceleration cf th& SI.mi. secured by this Security lnstrunent, foreclosure by judicial proceeding and 1811 of the Property. The not ice shat l further inform Borrower of the right to reinst•t• after accelerltlon and the right to assert in the foreclosure proceeding the non·uistence of • default or any other def-• of lorrower to .cceleratlon and foreclosure. If the default is not cured on or before the date specified In the notfce, Lender, •t Its option, my require innediate payment in full of all Slim secured by this Secu:'ity lnetr.-it 10lthout further demand and Ny foreclose this Security ln$!r....,.t by judicial proceeding. Lender sh•ll be entitled to collect all e•pen!IH incurred in pursuing the r-.diH pro¥ided in this per•graph 21, including, but not I l•lted to, reHoneble •ttorney's fee• and cos ta of the tit le evidence. 22. leleaH. Upon PBYlllCllt of alls.-secured by this security Jnstriawnt, lender shall release this Security lnetr....,t, without charge, to Borrower. Borrower shall pay any recordation costs. 23. Attornev-' fees. As used in this Security lnstr.-nt and the Note, •attorneys' fees• shall include any •ttorneys' fees aw•rded by en appellate court. 24. Riders to this Security lnstrU11f1flt. If one or more riders are .. ecuted by Sorrower and recorded together with thil Security Jnstrunent, the covenants and agreements of each such rider shall be incorporated into and ah•ll -.nd and auiiplement the covenant5 and agreement& of this Security rnstrunent as if the rider(S) were a 1>9rt of this Security lnstrunent. (Check Applicable BO•l 0 Adjuatabl e Rote Rider D Rate l"l'rovement Rider 0 Graduated PaY111Mt Rider D 1·4 family Rider 0 lall-. Rider 0 Biweekly Payment Rider 0 Condcmlnh• Rider 0 Second Home Rider 0 Plamed Unit Developnent Rider 0 Other(s) (specify SIGNING BELOW, Sorrower accepts and agrees to the terms and covenant. contained in this Security lnstr....,.t and in In)' rider( a) executed by BorNwer and recorded with it. Signed, sealed and delivered in the presence of: OR: 2075 PG: 0663 .. fOlll 0 Signature: , Ul-t\ "-\ {/\ l 'i1 .. -----;ignatum, __ 4,.;z.· ~L"--/.a~-~llW'~·-t~~-----<SHI > hannon McCanna lorrower l'.m i'. s.aith Address: -------------- Signature: {);mN,,~ x1' . rnwxrh lJffunature: ____________ (Seal) .4 I: i;: M -d . Borrower Print llw: m 'J{r '-'' u.rL(_)Y>:;.clr'l Signature: ____________ _ Print llw: ____________ _ Signature: ____________ _ Print llw: ____________ _ STATE olf 0 I! I )rl CllJllTYO~ I hereby certify that on Address: Si9nature: _______________ (SHl) Burrower AddresS> Signature: _______________ cseal> Borrower Address: lllTllESS ., hllnd and official seal /' .. 1 • -r:· f..-~ 0;- in the Countv and State aforesaid this ~t?I day of· ~'J..l , 19.L.l. _, -- c:{((,--L ilc--'-/) l fr,1.,\ \ { ) l<Q L~'-'---- 11aurv P~lic•s Signature M Canna ---Shannon c Notary's Printed •- (SEAL) ·4- · ... *** OR: 2075 PG: 0664 *** SCHEDULE A WI' 5, BLOCK 122, OOLDEN GATE, UNIT 4, ACCORD!~ TO THE PI.AT THEREOF AS RECORDED IN PLAT OCOK 5, PAGES 107 WRa.IG-1 116, UCWSIVE, OF THE PUBLIC RECORDS OF COLLIER COUNI'Y, FI.DRIDA. PROPERTY I.D. #36113680006 813 643 3065 JLN-29-1995 14:43 FRCJ1 1-0JS!t'{J & ~BAN l~F'RlJ...£. TO ,.0 letn: ACTIOI TITLI CO PICI UP 1953546 OR: 2075 PG: 1328 UCOIDID in the ormm molDS of cOLLill count, n 07/05/95 at 01: tm mm I. BROCI, CLlll SECOND MORTGAGE P.02 OILD om mm DOC·.35 lft·.002 2500.00 2500.00 24.00 1.75 5.00 C"lor,_,.•). Thia IKiirlty lnetruMnt h 9IWft to CaiilJ.ilr a..t:T "lendfr•). Wiich ,-,-or=pn;;;;;;pl;;.1tCi""r;;r.;;;;:;:;;;;;a.••"'l-1""tl,.ne..-d_,,_,...,.tfM.-,_ of .i11 Unhld l\•tn of Alltrlco, and whOIO addr'HI t• • ,.,.._,. - Lllldlr tho 1111 of cu.a. ? D m ). '"'' debt ,, •vi IOU-•'• NOU Hd ' • ·-<Nte .. thil hcurlty lnstr ...... t ("Second ilt.'ti_..>. illltcll pro1tl .. for tlOnthly ~ti, with tho full debt, If not paid Hrllor, u and payMll• on • • '11fa llcY-lty lnet~ Wft to l.,.r: (I) tht reptyioent of tht debt ovldencld ~ th• llote, whh lntorftt, ..i •ll r-11, lllt_I_.,,. _.lflcotl-; Cb) tho INl~t of all oth9r ''"""• with lntorHt adweneed l.lldof' per .. rl!lll 1 te prot•t tllt eecurlty of the Socurtty lnstnant; ond Cc> the porfonnlf1C9 of '9rr-r•1 -ti ONI •-• 111191' thlt leourlty lnet"-t Md tllt Noto. for tht1 purpoao, aorr-r don h•rOllY 1ocond _, .... , ,,.,., tnd c-.y to L..,.r th• follow!"' dHcrlllld property locattd In OaUW CflW'lty, Floriu. • ~ .... mJa ~ pqatJ, nfl-. « JaB ~I! "4 S! Im Aa •ro 111rtlcul1rly dt1cribed on lxhllllt •A," and wlllc~ hot tht lddro" of ,.,,...,ty Add ... 11•)1 ·1- .......... Jl.tj-29-1995 14:44 FROtl 813 643 3065 HOUS!t~ S. UPBHll IMPPQ\.1E. TO P.03 OR: 2075 PG: 1329 '* 0 UM tllt procffdt to repelr or rosto,.. th• PrQfltrty or to pey , ... Hc11red b'I' thlt Security lntt,,_t, llMt"-r or not ttlon Ille. The JO•dly ptrlcd will M,ln wlltn tht notice la •lled. Unlttl Ltr*r tnd lol'r-Ottltf'lllM 11rw In 11rltlne, .,,,, eppl I Ht Ion of procteds to prlnclpml shall not txttnd or poetpone tM M •t• of t ... -'hly pe,.ntt referred to In per .. reph I or ch.,.. tht -t of th• pey9111t1. If \Rler pmreerepll l1 tlle Preperty fl 1eq11trtd b'I' L~, IOl'r-r•• right to .,,,, ln&ljl'lf"H po\iel" end proc"* rosultl,. fr• "-9 to tho Praperty prior to tho ~hltlon shall pen to Undtr to tl1t Htent of tht IUllll aecur..i by this Secwlty INtr.....,t 1-"l•tely prior to the 1CC1Uhhion. 6. Occl.IPlftty, Pl't1trvetlon, Malntenanct and Protection of tht Property; lorr-r'• Lo.i AriPl lcotlOft, LffHholde. Borrover shall occupy, ettablfah, and 11se th• Property H lorrowr•s prlncl119I rHiclenco 11hhll\ slllty deyt tftar the •-tc11tlon of thh Security lrwtr.-nt Wiii •~•ll oontll\ue to OCC\4>1' ti.. Pl'OP*rtY • lorrowr't prll\Clpel ro1ldtnco for ot lHat -ytar after th• date of occ~y, unl .. • L....i.r othon1i1t """ In ,,..ltl"I, lllllch c-ont thtll Mt be U'll'Hsonat>ly withheld, or unlff• •-teftlllltlne clrcUlllltanc• """ wlllcll ,,.. ~ torr-r•a control. torr-r shill not cltatrQ)', c*Mtt or i•lr the PN1119rty, 1llow tlle Property to deteriorate, or COllllt vttte on tllt Property. lorrowtr. 911•11 bt II\ dlftult If eny forftltlll't Ktlon or proc:oMI,,., llMthtt' civil Of' arlalnal, la bteun thtt In ltnc»r•a toOd faith J\ldllleftt could rt111lt in forf•it11rl' of the Propttty or otllerwiM •t•rlally 1.-1r tlle llan crMttd by thll sac11rity lnatr11mnt or unar•a 10C1M"lty lnt-t. Ion'-• NV Ollf't tuell a dlfMllt ll'ld reln&tata, ea prr1ldlcl In par .. •IPh 11, by c-lne tho tetlon or proceocll"' to• ttl..t•MCi 11lti. 1 rllllftl tlllt, In L_.•'• toOd faith clete,.lnetlon, precludet forfelt11ro of tlle lor-•a lnttNtt II\ tho PropertY or otMI' •ttrlal l11119l1"111nt of the I len c:roattd by tllh teo11rlty ln&tt'\mftt or &.endtr'a Hc:urlty lnte,...t. lorr-ahlll tlao be In dlt.ult if lorr-r, cklrlnt tlle loan 1111Plloetlon proct11, ....,, •ttrlally falM or lnHCUf'•tt 1,.f-tlon or H•t-u to L....cltr (Of' falltd to IM'OYldt Lffldtr wltll 11'/f •terlal lnf01W1tlon) In c-tlon with tlle loon ovt~td by the llot•, lnclllcltno, but not ll•lted to, NPl'tWfttltl-_,,,. lor,_..,, oce~y of tllt '•••t'Y .. 1 prinelpal r••ldance. If thl• Sto11rlw l11ttr-t Is on 1 ltlMilOld, IOrrowr ell1ll COOIPl'Y 11lth all the prwlalon of th• lt•••· If lo•r-• acquires ftt tltl• to th• ,...,.ty, tll• lanellold and tht fff tltlt •hall not 111r9t 11r1lt11 Ltnd9r """' to tht mr~r in 11rhl,... 7, -.ot11etlon of Ltndlr 1 a lllghtt In tho 'roperty. If lorrowtr f11l1 to patf-the c:_,.,.tt end .. r-ta eonullltd In thl1 Security lnatr.-t, or there h a lttal procftdlr-. that my 1t111tflcontly afftct Lffldtt'• rl!lhta in the Property (sllCh es a proc•tdlftl '" bllltruptcy, probltt, for condlwlltion or fOf'ftlturt or to enforce ,,,.. or r9111l1tl->, th«n l..,.r •Y de end pay for whet.-..r Is lll!Cffltry to protect the vel111 of the Pl'OPl"l'Y ond Lendtr•a rl!lht• In th• Property, Ltrdtr't actions 1111y lncllldt peylna rtt a1am stCUl"td Ill' t lien "''di h• priority uver thla StOlll'lty lnat.....,t, appearl I rt, PIYl"I r ... llNDle 1tturneys• f-ond enterlne on tlle Pr111»rty to •k• ,..,.Ir•• Altholllh Ltndtr ~911..' r this Pl""'""' 7, L ... r dots not !law to dD to. AnY _.." dtatiur-by Loncler under h\l,~ acldlti-1 debt of lor--.i 11y thla lleutlty 11'4t~. Unl11• lorrowr prtMnt, thole -t• shell mr lntel'ftt f,_ tho •t• of dlabutttatnt at tha 110 ftll' Interest, upcir1 notict f,_ lander to lorr-r ,...,..,1,,. peyllln\. r 1. Mort..,. lrw11ronce, If llMtt• lnalll"anct • • ltlon of mine the loen ttcUl'td b'I' thl• Stclll'lty lnat,._t, torrowr ll I to • tel the 110rt"" INur-• in •fftct. If, fer f/ff'/ r ... on, tlle 110rlt'f9 I 11r red 11¥ L r l " Off ... to be In affect, llrrowr thtll pay tho pr•I ... rt1111lrod to otlt t to ho ooort .... llllUI'-• preYl-l)I In efftc:t, at • ooat 11Mtantl1lly Iva rt1 iNllf'-. prtYl-ly '" offect, fr1111 on 1ltt...,.t1 _, .... lnaur• "* ,,,. ant •rt .... lnaurlnCI co....r"' ta not avalltble, lor~r llltll pey to L lf h of the 'Yff•lY 110rtlllfle i~ P"•l111 belftl paid by lorr-r wh t in effect. Lender 11lll -.pt, "" end rtttln th•at pil,_nta K I LOH ....... poymtnll ..,, no loret" be requ I red, tt the opt IOI\ of L t Ind for tlll por Iott that L..,... requlro1> prwidld by on IM11rer la obtained. lor-Shall DW tho pr•l.-a req11frad to •lnttln 110rt1• • ,....,,,., Wltll tlle ,....ir-' for .,., .... lnsuronct endl In 1Ccordllle• rowtr Ind Lendar or 1PPlicmblt law. 9. IMpKtlan. Lender or Its ond iNpKtl-af tht Property. Ltt*r tllall 91¥1 torrowtr notlct at the spec I fylftl l'tttOl\lllla C-• for tho Inspection. _, rl tO. COl'ldlllNtlon. Th• 'rocffda of any r'c-1 i with ll'f c.,._,.Uan.,. ot!lar Uk Int of ll'l'Y 119rt of t t roptrty, or for ~· In llw of c...,.tian, •l"O h9raby IHlflllld Md ..,.ll be peid to Lander. In the,_,, of' tottl teltl,. of tha Preperty, the~ tholl IDt 111Plled to th• •..a HC:llf'..:I by this Security lrwt,.......t, wloother or not thWI G.la, with .,,, aacn• pohl to lorro.r. In ttlt twftt of • partl•I talclnt of tht llroperty, In wlllch "" f1lr •rkot velue of tllt 'roparty l.adltttly lltf- tht tllllftl 11 tqUll\ to or 9rHter th.,. tlla _.,t of th• a.-1ecurocl by tlll& laellf'ftv lnat-t 1_.llt•lll' blf- tht ttlclftl, 111\lttl ~r and L.,,.r otherwl1• ..... '" 11rltlnt, tlll aim nc11red by thl1 ._..lty liwt._e shall IDt ..-.Ced bl' the -t of the procttclt 11111t lplltd by th• followl,.. fraction: <•> the total -t of tllt aim stc11r9d llllllldfU•lll' before the tlltint, divldtcl by (bl the ttir •rktt vel111 of tllo PrtPlf'tv l...,letely bef- tlle talcl119. Nr'f lltlanc• 1hall bt paid to •orr-r. In th• ,...,, of 1 pertial tllkiftl of the Property In "'tell tlM f1lr Nr~tt v1lut of tllt 'roperty l~l•t•lY btfore tht taklr111 la lo .. than th• _, of the -t.cured 1-.llataly for tlle t1ldft9, 11nle11 Borr-r u'CI L9"dtr otller,.iH atrff II\ writ Int or Ul'l\tol eppllcabl• l"' otller11iM pl'tvldtl, the procttda tholl be •PPlltd to tho •-ttcurtd bY thla security lntt,_t whether or not tho.-ere tllen u. ~l111 landtr llNf 8orrowtr othtrwl" otrM In witl,., "'1 11111llC1tlon of llf'OC"cla to prlncfpal thll not eaterld or postpone the u dlte of tlle mnthly paywientl referred to In pmr.,r8Pla t or dlonte the -t of -11 ~ti. 11. IOl'rowr llot ltl .. 11d, forbl•r-• ty Ltt*r Mot a 111IY1r. Eict-lcin of tlle tf• for ~ or mdlflcttlan of -tbltlon of th• 1119 ttc\lt'td b'I' thla Stc11tity lnatl'IMl'lt tnnttd b'I' L..,. io'"' --In lnt•,...t of lorr-tlllll not operate to ••I-tllo liability of tllo orlelnol IOI'-or wr-•1 euccHH•• In lnttrt1t. Lendar allall not be rtqUlrod to c~e procHdlftll "'lnat .,.,, succ .. tor In lnt-t or rtf11tt to •ttnd ti• for~ or othtr11l11 llOdffy -tliatlon of tlle a..a aOC\lf'Od Illy tlll• Security lntt~ by - of trtt ~ ... bl' tho orl1inel lorrOOflr or IOrr-•'t 1ucce11or1 In lnt-t. Nr'f forllalr-• by Lender in eaerclt11'4 .,.,, rt.-it ar t...iv sh•l l not be • valwr of or preclude tho exercise of ttr/ rl9'1t or re.dy. 1Z. MOHtora ancl Attlp IOlnl; Joint end Sevtrtl Llll>lllty; Co·SlgNl'tl. Tllo~· ... -.r-t• of thla locurlty 1 .. tl"\lllflt shall bind and lllMflt the awccoason and Htlent of Ltt*r Ind..,._, •Ject to the Prcwlat-of Jlllr .. ripll 17. lorrower•a c-tl Md atrt-ta shall IDt joint and M'tttel. Nr'f IOr-lllo co· at" thla Stellrlty lntt,_t but dolt not tXtclltt th• Nott; <•> 11 co·&ll"l"I thl• Security lntt..-t only ta _, .... , tranC end ooiwty thet lor,._r•a Interest in th1 '•opetty \.fide• the t-of tlll1 lac:Urlty lrat..-t; Cb> la not per-lly obllpt..i to pay tlla 1119 ltclll'M by this Sto11rhy lntt-t; end <o> .. ,... tllot Ltndtl" ll'd - otllor lor-r my """ to uttnd, llOdlfy, torbMr or Mk• .,.,, ec~ti-with ~ to the te,.. of tllit SIOlll'lty lnat,_t or tht llott without thlt IOtl'OWfr't c-91\t. IS. Loon ctia,.... If the loon ttc\lrad by this Sec11rhy lnttr-t 11 tl.DJact to • ,.,. "''ell aata -1-.............................. , ...................... ~ ....... ~ .......... """·'·· .• .... . 'OIMD ts. Gowmlna L"'; IOVfrabillty. Thi• security lnatr-t tllall be 90Yfrntd bit f..,.ol l~ end tlle lw of the Jurllltllctlon In which !~! PrOll!•.tt 11 located: In tht ev~~. ~~'!.~ ~~~~!~. ~.!~!"!!~:.~~ !:'::!Y tht Jurladl.ctlon In which the Pr0P9rty h locaud. In tht evtnt thlt eny pl'Olllelon or cllUM of tlli1 kwitll J,,.t,_t OI' tllt llot• confllcta wl th •llPllcallle 1111, tuch confl lei thll 1 not •ffect otlltr provl•I-of tllh lee\ll"lty lrwtrt.1W11t or tht Nott which ctn bt givtn efftet wltllout tht confl lctlnt prO'ti1ion, To tlll1 end the provhlont of thla S.C11rlty lnttruwnt end·the Nott ere declared to bt HWrable. 16, Iott-•'• Copy. lorrower ahal 1 b9 1lven -COl'\f~ copy of th• Non and Of tllh lec1.1rity lnlt~. 17, Tr-fer of the ,.operty or 1 lentflclal lnHrut in lorr-r. If all or Wf"I pert of the Property or f/fff lnte,...t In lt It told or transforrtd (or if • tier.ficl1l lnHrHt in lorr-r la 10ld or tr-ftrred.,., IOI'-la not • netur-al 1»raon) witho1.1t lender•• Flor written c-tnt, L...,. .. y, at It& optiOI\, "*IUlre i-.diett 119~t In f11ll of Ill 1..a ateured by thit Security lr>ttr-t. Nowwr, thlt option shall not be exerclHd by L.....S.r If txtrclse It prohibited by federal law aa of the Clatt of th•• SKV"ity lnst,._t, If Lender exercited tlllt option, Lender th1ll glvt lorrower notice of accel"'atlon. The notitt tlltll provlw a period of Mt lffs th.,, 30 day1 frClll the clet1 th• Mt Ice it del iverecl or Niled within wlllch lorr-• -t pay ell • .,.. MCI.Ired by this l9Cutlty ln&truwnt, Jf lorrOWlr tells to pey th•H au. prior to tht expiretlon of this 1»rlocl, L...0.r •Y lnvolte eny r-.ll•s ptl'llltted by thlt security ll'stl'\llltlt without f11rth•r notice or ~ on '°"-· 19, lorrower's ~itht to hl,..ute, If lorr-r ll!ffU ctrtalr1 conditions, lorr-r shell.,...,. th4t ritht to h•ve enforc-t of thla Security 1111tr-t dlscontlnu.d at any ti .. prior to the .. rlltr of : <•> 5 ~<or ll.ICll otller .-rl.d ea appllcabl• 11111 •Y specify for r1i111t•t-t> before sale of the Property purtUMt to eny ~ of HI• contelf-.d In thla Stc1.1rlty 1.-.tr.-t; or (b) tfltry of • judgmnt et'lforolnt thl• ltcurlty 1n11.-t. Tllolt 1:ardttt-•re thet 10rr-r1 (a) peyl lender all ,..,.. "'11eh th..., WOl.lld b9 dut U"IMr tlli1 Security lrwtrlml'\t end the Wot• H If no eccel•retlon heel occurred; cur11 and cleflult of any other c-tl or .. ,_ta: (c) peys all •llPl'!l•s lnc:urrld In enfo~lne this Sec1.1rltv lnttr_.,t, lncllldine, but Mt ll•lted to, tHeCINlbl• ottornev'• ,_, .,., Cd> tekff 1ucll tctlOfl H Lender ll9Y r•M-bly req.ilrt to IHIK'e thtt th• 1 len of tlllt Stcvrlty lntt~t, lfndlor's rl!lhta tn the Prgperty end lorr-r•a o0l iaetlon to pey the ,..,.. e.cl.INd by tllll S«11tlty ll'llVllltl'lt shell continue lll'Chqe-1. Upon ,..1.,1ttt-t by lorr-r, this Steurity INtrimnt end the oblltatl- llClll'td herlbv &hall r-ln fully effective H if llO ecceleration h9d occurrld. Mowver, tlll• ri9"t to rtlnst•t• 111111 Mt epply In the CIH of ecceltrltlon lnltr p11ragraph 17, 19. Slit of Nott; Ch..,.. of Loan Servlctf', Tht Note or • pertlal lnternt In th• lloH <totttlltr with this hc11rlty lnttl'Ultnt) •Y be sold OM or.,,. tiDH without pt'lor notkt to lorr-r. A '91• MY ,...ult in o di.,,.. In tllt tntity (known ot the "LNn Servicer•) that coll«ts --.1hly p11~u 0... under tlle 119tt Ind this S.Curltr lntt,,_t. There tho •Y be OM or 11C1rt ch..,.., of t~• Loan Servi ctr 11nrtlatecl to • ••le of tho Note. If ther. It • olllntt of '11t Lotn 1trvlc.r, 8orrgwer will be glvtn wrltte'I not it• of tht ch ... In occor••c. with perear• 14 9tlC:t 9P'1llctlllt 11111, Tt.t notice will ltatt tht ,_ ttld addrotss of the new loal\ Servicer.,., the tddrfts to wll!eh peymnlt allould be Mde. The notice will also eontein tnY other infol'lllltion rtQUlrtd by -.ipllctbl• IMI. 20, Ntrtrdol.9 Sl.tlet1111e:... lorr-r sllall not ca1.111 or per•lt tht ~·-•· UM, dlepoHl, stor•, or rtlHH of any llllurdaut Subatw.c:u on or In the Property. lorr-r eh•ll not do, nor •llOlf ...,..... tlM to do, f/fffthlng effectin, the l'roptrty thlt ia in violation of l"Y l!nvirON*1t•I Law. The prtotdlng two sent-ahall not epoly to th• presence, UH, or atorage on th• Property of -11 ~tltl• of ll•••rcloul ll.l:letMCt• thtt •rt ""9r•llY Nc:Oflll&td lo be IA!l'oprlett to nonnel rttldtnthl UHi end to •int.-.c• of the Property. lwrwer tlltll pra-.ttly 1he Lender written notice for eny lnvtttlgttlOfl, cl•I•, ~. I-ult Of' othor octlon by lll'f ..,,..,_,191 or •flUlttory ttenc:Y or Jlf"lvtte party lnvolvlne tht ,.._,.,,. end Wf"I Hti.,.._ l\Mtenct or llWl,_tal Lw of wllloh aorr-r hH ect1.1tl knowltdllt. If lorr-r l .. tfll, or 11 notified by..,. .....-tol or rt111lotory Mhorhy, thet lnY r-v•l or other r ~ M111rdoul SIA!at-• 1ffoct11111 the Pr...,.ty Is nec-ry, lorr-• ehall pr...,tly t1ke all nee ~r, l{!; In eccont.nce with lrwl..-tol Lw. Al Wed In tlli1 pert1repll 20, •Manrclolls S ~ *fl* •• toxic or htu,..,. 11.t•at- by lrwi,_t•I L1111 end th• following a sol;ne, ktro fl-eilt or toiclc .,_,,.,_~ti. tulc pntlcldta 9l'd hltl'blcides, voletll 1, Nteri1l1 contain toe or forulcl.tl~, trld rtdlOMtlvt MUrl1l1. Al used In thlt r• 20, "lnvir.....,.tal La ftdtral ltlll Ind 1-of the Jurllldlctlon """'' tlle Proptrty Is Igo; ttd •a It al th, ftty -ttl protection. 21. Accelerttlon: a.-c11e1. L r 1 vt notice I ro"9r lor to eccelerttlon followt,. lo•-•'• brtecll of tnY o-t or gr t In thl 1.1 ty 1111t _, ( t t prior to eoc.l•rotlen '"'-• p11re1rep11 17 w.IH1 eppl lceblt 11111 p t lfyr <•> the dtfMll t: O•> the ectlon r1C1Ulred to CIK't tllt C11f1111lt; (c) • tt, e he tic• I• ''"°" to IOl'.._r, w Wilch tile dtfeult -t b9 curld; ard (d) o 119 -t~• elate specified In tM notice MY rtSl.llt In acotl•r•tl°" al ~ for.cloture Illy Jlldici•I prooetdlnt Md Hie of the Property. 119 rigllt to relnetete •ft"' ecceltl'ttlon Md the r19"t to ltstrt t of o dtfwlt or ""'other wf-of lorrowr to ecceleration on or before the datt tptclfltd in the netlct, Under, •t IH option, 111y w. secured Illy this Stcurlty ,,,.,......,, without further ~ and• Judlcl•l prootte11,.. Ltnder shell bt entltlld to colltet •ll txptnltt lnc1.1r in this P9•'1•11lh 21, lncludi,., but not ll•lttd to, .....-bl• enorney 1 1 ,,... klll.All"f~ 12. hl-•. Upon PIY"'l"'t of ell a aeCl~it:tl\'"""tfriT:::li.~01'icJY.;,(r111t.-t, Ltndtr llh1ll rtlHlt this S-lty ln1tr-t, wlthOl.lt char9•, to lorr-r. r9CIOrdlltlon cottl. 23. Attor,,.,..• '"'' Al 11sed In tllla Secur1 end tllt lfott, •ettonwys• ffft" slloll lncludt ...,. ltlOrneyt' f ... _,...by en tppOllltt CO\ll't, 24. lfdare to thh S.c1.1r1ty IMtr11111nt. If -ar .,,. rldtrt ere 1 .. c~tld by IOrt·-8ftd recorded toptller with thll ltcurlty ln&tr...,,t, the covenants encl 11••-ts of Hoh euch rider ahtll lie '"""°""" lfltO 9l'd 111•11 tMnd end ~1-t th• coverwits tnd 11..-11 of tllla Stcurfty lnttri.ent " If the rfd9r<•> wero • pert of t11la SK1.1rltr l111tr1D1nt, (Check AtiPl tcabl• loll) D AdJuttlblt lett lldar D lett l"""ov_,,t Rider D Gr..,.ttd ,..,_,, lldtr 0 1·4 '111ily lldtr 0 hlloon alder 0 C.,...lnl\MI lldtr D Pl emtd Unit Devel opttnt It i dtr 0 0 0 Secor<! HOIN • I tier Oth•r(1) (1~ify llGlllllG IELCll, lorr-r eccepta and "rMt to the t•.._ end c-te conttl* in thl1 S-Cl.ll'lty 1 .. t_t ..,.. In any rldll'o> ••eeutld by lorl'Olftr end recorded with It. ·S· 813 643 3065 JL.t-1-29-1995 14:47 FRCJ'l 1-0JSft.(J & ~BHN l~IPRQl.JE. TO 9.2628664 P.04 J~O ........ ~~~ 9: ~M~-M••,,.,'°"""'••""'.l_..,.,.< .... ~·-"-''_~~ ... :. .... '-_,_:_1:_1 _" ..... ) .... ( _;:. ... __ cs .. 11 llrlnt .... , ~__:_____ ~ lllllm Stlllllla .. Addrna: ---------------- i~'., lj" . -1~· , , ... ll1Nture1.,.,.._ ... -_-_.\.,.1-·".,f,_· -""'"_..._.....__.,_,_,-,;. r'-"',,,_~ 1i•ture1 Lt ( /, •t , L 1 t ) r·. • f 'j i , I lorrowr ~ ..... -llrl11t •-: ____ ... ,_4 ..... c ... 1.._1_._. _._.._..,<..,I.,.,_./.._'; ' i_, --,,__ AddrH1: 119"1ture: _____________ _ '''"' ·-'·-------------- lflllltUI'•:. _____________ _ llrlnt .... :. ____________ _ ITATt OJ~ I\.. CCUllTT OI'~ 11..,.tura1..,,. ______________ cs.el> lorrower Address: Sl ... tu•e:,.,.,,.,,.,,.,,.,,-------------<Sttl) ,..,.,,_,. llUllHI ~ ~end .. offlct•I IHL In tti. County MCI St•te 1fo~t11ld thh~I.. of 11..A--L (\ ___ ;t_J o--, 19~. (MAI.) ·~· ......... TOTi:t.. P.04 *** OR: 2075 PG: 1332 *** LOT 28, BLOCK 209, GOLDEN GATE, UNIT 6, PART 1, ACCORDING TO THE PLAT THEREOF, OF RECORD IN PLAT BOOK 9, PAGES 1 THROUGH 7, OF THE PUBLIC RECORDS OF COLLIER COUNTY, FLORIDA. •ta: 2001643 OR: 2126 PG: 1040 OILI OILI UCDI DOC-.35 11!-.tf2 mut §110.tt 2Ut 11.51 u.ot TWIW mu Ill &GllCI llC HI llm IT I fl wu1 n um UCOIDU 11 the omcm ucou1 of com11 conn, n 12/11/'5 at II: J1AI DllGl'f I. llOCI, CUU fOlll 0 SECOND MORTGAGE RE'fUKNTO TROPICAL TITLE INS. AGKNCY, INC. 6r.U 9th ST. i-iOllTll. SUITE 3 NAPL.t:S, F1.0llW1\ .JH~i) 511N5317 THll SECDll llOllTGAGE <"lecurily lnat,.,_.,I") 11 given on !lpycaj>cr lQ, 199..1_. The Second Mort11-aor is: JODY PAUL SJ'. Pll:J-Uill /\NO 01.l::HYL LYNN S'l'. l'll:Rlill, HUSBANIJ AND WffE ("lorr-r•). Thie lecurlty lnstr.-il 11 given to Co(!lrr Cl!\l]ty .,.--.---.-.---,-,----("lender•), which Is organhed and exllting under the laws of the United StHH of AMrlc•, rd whoH eddrHI ia 2800 North Horscshgc Drjye llaplcs flgrlda 33942 • Borrower owes Lender the .... of flll fW!JWI! ll!J!W Mp NQJ!OI! (U.S. S...l.l!l!QJlQ). !his debt Is evidenced by Borrower's llote dated the sw date as this Security l111tr-t ("Second Mortgage•), which provides for monthly p.)'llellts, with the full debt, if not p.id Ntlitr, ct.II Wld payable en ___ • • This Security lnstr""°"t secures to Lerder: (a) the repayment of the debt evidenced by the Note, with Interest, end all renewals, e•tensions and lllOdifications; (bl the pa-nt of ell oth•r 1.-, wt th Interest lldvenced under paragraph 7 to protect the security of the Security lnstr.-nt; and (C) the performnce of lorrower'• cov-nh and •gre.....,h under this Security lnstrU11Mt and the llote. for this purpose, lorraer does herlblt second mortgage, grant and convey to Lender the followine described property located in _Mlll.c _eounty, florlde. •P8y9bl• ..,on Hie of property, refinance or loss of homestead ex~tion. Aa .,re p11rtlcul1rly described on E•hibl t "A," and which hos the address of NNlga ... ~,,.. 10G£THU lllTH •ll the ll!pl"ov.-nts ~~cc...~~~'\'.l'Nthe property, and all easements, rights, IAJUf'lenancH, rents, roy1ltiH, •ineral, otV•-\n.l'.iA r rights and stock and all fiatures MW ot' htr•fter •pert of the pr-rty. All r-'''"'-"-'--'<• covered by the Security lnstr._..t. All of the foregoing ta r1ferred to In t • ICIUIOWEI awfNAllTS th•t Borrower 1 l gr1111 •nd convey the Property n th th 1111"r1n11 llW 111 ll defend gener1lly the t · 11e of record. THIS SECUll n INSIRUllENT c ine varl•tlon by jurtldictlon to conatitu e • UNIFORM COVEIWITS. lorrower 1. P~t of Principal Ind 1~{; .. ~~;-t;~~~~l:~.z~ pr tnclp11I of rd lnternt on the debt 2. Tun. The llortpgor wt l I l ta•es, assessments, con yed and has the right to mrt9age, for cncuabrances of record.. Borrower &, st.bject to mny enci.arances ·111ifor• covenanh with limited any ptNlt lea or lnterHt thereon. '.-6 The llortptOI' shall p.y or ce l,-;_ bee.-due, (Al(ll all ta .. s and ~tll ch9rgn of Inf klrd lllotaoever th ed or· levied against or Ni th respect to ti. Prq19rty, <21 •IL utility rd other ch• • incurred or imposed for the operation, •lntenance, UH, occus-ncy, 14*eep end iq:ir l all a15ess..,,ts or other gover,_,,t•l ch9rlff that •Y lewful ly be peid in instal lMflt r~ , the Mortgagor shall be obi igated under the llOrtlllll to pey or c... to be peld only such Install s .,,rt}· red to be paid during the te,. of the Mortgage. end lhall, pra11ptly 1fter the pa.,..,,,t of 11ny of the foregoing, forward to Mortgagee evidence of such pa_,,t. ]. AA>tlcatlan of ,._,ta. Unless •PPI icllble Law provides otherwise, all pa't"'lfltS received by Lender sllal l be aflPl led; fl rat, to Interest c&.; and, to principal due; end last, to 11ny late charges due under the llote. 4. Ch9'9"; Li-. Borr-• shall pay all taxes, assessiaents, charges, fines ard iqi.>sitiorlS attributable to the Pr-rty which •Y •tt•ln priority over this Security lnstr.-nt, and leasehold po~ts or ground rents, ii any. lorr-r ahall prOllPllY furnish to Lender all notices of ""'°"'ts to be paid under this paragraph, and all receipts evldlncll'lll the pe~U. lorr-r lh1ll pra11ptly discharge .,.Y lien which h .. priority over this Security lnstr.-nt 111less Borrower: l•l ..,.... In whlng to the ~t of the obligation secured by the lien in a rnamer ecceptable to Lender; (bl contests In lllCld faith the llwi by, or defenill agal1'6t enlorc--.t of the lien in, legal proceedings which in the Lender's opinion operate to pl'event the enforcement of the I ien; or (cl secures fr0111 the holder of the lien an agr-nt satisfactory to Lender Mbordlnatlng the I ien to this S«uriiy lnstrllllCflt. If Lender deter11iroes that any part of the Property is MJect to• 11 .. >illch •y 1tt1ln priority over the Security ln•trU111:nt, Lender '""Y give Borrower a notice identifying the 1 len. lorr-r lhall 11tiafy the I ien or take one or more of the a<tiona set forth above within 10 days of the giving of notice. 5, 11t&1rd or Property lnauronce. Borrower shal I keep the illf)rovement• now e•isting or hereafter erected on tM Prciptrty lrwund agel111t loss by fire, h•Hrds Included within the tefll •extended coverage• and any other huards, lnclu:lh19 floodl or flooding, for which Lender requirH Insurance. This insurence shall be ""intained in the _.ts Ind for the perlodl that Lender requirH. The insurence c•rrier providing the insur11nte sh1l l be chosen by Borrower uject to Lender'• IAl"-1 Illich lh•ll not bl 1.11reaaonebly withheld. If Borrower fails to Mintain cover1ge described .bove, Lender •v, at Lender'• option. obtain coverage to protirct lender'• rights in the Property in accordance with p1r11rapll 7. At all ti•• th•t the llote 11 outat.Wlng, the llortgagor ohall ""inuin iN1ur11n<e with respect to the ,,..,_ ... ln1t llUCh rlalta end for such _,....,, •• are customrlly inaured ageinst and pay, as the •-bee.-due and peyabl•, •II pr-1 ... In rKpec:t thereto, including, but not li•ited to, all·risk insurence protectint the interests of the Mort..,.or 9"d Mortgagee q1in1t loa1 or damage to the Pre11i••• by tire, lightning, end other casuelties cutt-rlty lnaured ae•lnat (Including boiler e.plo1ion, if awroprietel, with a unilor• standard utended covera9e •dor -t. lncludtre debris r..,v•l coverage. Such insurence at 11 l ti•• to be in an lllOUnt not less th"" the lull replac_,t coat of the Pr•l1t1, exclusive of footings and foundations. All ,,.......,. pol lcln and r..-ls shell be occepteble to Lender end shall inc lwe a standard mrtgage clau:;e. Lender sh•ll have the right to hold the policies and renewals. II Lender requires, Borrower shall pr....,tly give to Lender ill rte•lptl of paid pr .. ;.-end renewal notices. In the ev.,nt of loss, Borrower •hall give pr°""t not1Ce to the Insurance cerrler and Lender. lender May mek<! proof of loss ii not Nde pr....,tly by Borrower. Lnlns lender and Borr011er otherwiH agree in wrltinQ, tnsur;ini;e proceed$ $hall be applied to restor1tion '" rep1lr of tht Property ~ged, If the r11tor1tlon or repair ts ec~lcally feasible and Lender's security is not ltHtned, If the restoration or repotr Is not ec~lc•lly feasible or Lerder's security would be lessened, the lnaurance proc.-1h1ll be 11pplled to the 1.-secured by the Security lnstr.-nt, whether or not then ct..e, 11ith .iy tJU:HI peld to lorrower. If lorrOller abandons the Property, or dQCs not answer within 30 days a notice froa lender thet the lnauranc1 carrier has offered to settle a clai•, then Lender nay collect the insurance proceed•. Lender 11ay -I· f f<ml 0 ... the proce .. to repair or •Htore the Property or to pey ..-Hc:ured by this Security lnst-t, wlletller or not then u. The JO·clmy period wlll begin when the notice I• Milici. Unleaa Lender end lo<'•-• atherwiu .. ree in wrltt,., ..,, lf'Pllcetlon of proc ... to principal shell not ••tend or p19tpone the -dmte of the _,thly ~u referred to In per .. reph 1 or clienge the ....,t of th• PIYMf'IU. If lrder p11ra11reph 21 the Property i1 Kql.llred by Lender, lo••-•'• right to wry lncur11nee pollciH end proc ... rHul\1"11 from~ ta the Property prior to the KqUl1hlon shall pna to Lander to the extent of the , ... Hcurtd by this Security lnsir.-t !~lately prior to the ec:quisltlon. 6. °"'411"Cy, PrHervatlon, llelnt-.:e and Protection of the Property; lorrower 11 LDlll'I Applic1tion, L-.holdt. lorr-r .tiall occupy, Htilbllalt, and Ule th• Property as lo<'•-•'• princip11l rffidenc• within 1iaty dlya after the eucutlon of this Security lnatrUMnt end altall contl,.. ta occupy the Property aa lorr-r 11 prlnclp11I rftldlnct for at leut -year after the !Yt• of occupancy, unln1 Lender otherwlH .. r-in "riti,., wlllch c__,t shall not be unruaonebly withheld, or unlna extenuetl,. clrc.-tenc:es Hilt which are be)'Gnd lor•-·• control. lo••-• altall not deatrgy, ~or h1pelr the Property, allow th• Property to dtttrloratt, or c-lt -t• on the Property. lorr-r altall be In clef.ult If wry forfeiture action or proceed!,., wllatller civil or crlal1111l, la be11J11 th•t In Lander's good hlth judgalnt could result In forfeiture of the Property or otllerwlu •terially h1p1lr the lien cruted by this Security lnlt...-it or Lender'• 1ecurity Interest. lo<'rower MY cure oudt •def.ult and relnstete, u provided In p11r .. rap. 11, by c-lne the action or proceed!,. ta be di .. taaed with a rull,. that, In Lender'• good faith deta,.lnatlon, precludn forfeiture of the la••-•'• lnterHI in Iha Property or other Mterlel 1..,.1,_,t of tha lien cr .. ted by thl1 Security lnat..-t or Lander'• security lntar .. t. -·-• shall elso be In def.ult If lo••-r. during the lDlll'I 9A1llutlon procHa, pve •terlallll falae or l111Ccur1tt lnformtlon or 1t1t-t1 to llrlltr (or fatlad to provide Ltndtr with arrt •ttrial inf-tlon> In •-tlon with tha IDlll'I eYldenced by the llate, lncludl,., but not ll•ltecl to, ropreaentatl-c:onc•rni,. lorr-•a aca.ipancy of the Property H 1 prlnclp11I rHidence. If thla Security Jn1tr.-t h on 1 IHatllold, lorrower shall comply with 111 the provlalon of the l•H•. If lorrower acqulrH fae title to the Pr..-rty, the leuahold end the fae title &hall not •ree unlH1 Lender 111ree1 to the •rear In wrltl,.. 7. Protection of Lender'• lights In the Property. If lorr-r fails to .-rto .. the c0YerW1t1 and ..,_u cont•llllld In thla Security Jn1tr-t, or there ta 1 lttel procHCline th•t •Y 1i1J11ificently affect L_.r 11 rlfltl In the Property (euch N 1 procHCll,. In ti.nkl"\4)tcy, probltt, for condmwtlon or forfeiture or to enforce l-or r1111letl->, then Lender •Y do end p11y for whetavar h nacHHry to protect the 111lue of th• Prap.rty end Lender'• rights in the Property. Lender'• 9Ctl-•Y Include pmylng any ..-secured by • lien wtllch hal priority owr this Security ln1tru.nt, aflP'I•• 1,. In court, peyi,. reeaonllble attorneys• f-and entarlne on the Property to Mk• repairs. Although Lender •Y t•ke 9Ctlon under thi1 1>9ragrap. 7, Lender doff not have to do so. kit -t• dlaburaed by Lender under this peragrap. 7 lhall bee-additional debt of lorrower MC\lred by this ....,.tty ln1t...-it. UnlHa lorr-r end Lender erm of pmyment, these -..11 ahall beer intereat froa till d9tt of dlllu'-t •t tht Nott r1t 41® Ith lnterHt, upon not Ice froa Lender to lorr-requntlng ~t. J::;::...:P---..::::. a. Mort .... lnmuranct. If L aortoaoe lnsu,_..,..,,..,"" condition of 111kire the lDlll'I secured by thl1 security lnstr-lt, lorr-r 1hal ~ e pr•IUM required to ·n the mortgage insur11nee in effect. If, for any •-on, the aortg-lnaur. e vera119 required by Lender e• or ceeses ta be in effect, lorr-r allell pey the pr•I.-required ta ain r111e a tentielly lval t to the mortgage i111Urance previ-ly in tfflCt, It • coac a&.eltantl•lly ICJ!l 11 to to lorr of the rt lnaur11nee prtvl-ly 1n effect, froa en •lt....,.te Mrt .... lneurer .aten lilly Ivel t aortgege ln1ur11nee cover ... ii not tvellllble, lo<'r-r ah11l pey o l ft of tht yemrly aort981' ln1,irence pr•IYI bet,.. peld by lorr-r in effect. Lender will 9CC:ept, Ul8 and reteln thffe pa-U u e • reserve Jlll_.,ta .. y no loneer be required, et the option of L t and for the period th•t Lender requlr") provided by en INurer 1 obteilllld. lo<'rower shall pey the iir-h• rlCJ!lred to •lnteln aort 1.....!1 rHarve, until the rlCJll.-t for _.t_ lr•ut8nce -In accotdanc: ~~ r ond Lender or -liceble l .... 9. lrwpectlon. Lanlitr or I in1pectl-of the Property. Lendtr shall 1lve lorr0111r notice et t ifying re11oneble c-• for the I llllpllC ti on. 10. Condmmnltlon. The proc... , direct or cons-tl1I, in c:--tion with ..,, candllnetlon or other tekl,. of convey11nea in I ieu of condaanetion, ere her• Mlltned Ind allell be P1ld to Lendtr. t1kine of th• Property, the proceedl lllell be lf'Plled to the .... aecured by this security Instr , r or not then u, with any eac"a p11ld to lo<'•-•· In the .,....t of • partial talll"I of the Property, in which the feir ... t.t value of the Property 1.-ldi•taly before the tekl,. 11 equ11l to or 1rnter then th• eaount of the a.-secured by thh Security Jnst....,.t i.aldi1tely before the tekt,., unl .. a lorr-r end Lender ath1rwt11e ..... In writing, the ..-1ec:ured by thi1 Security lnatrumnt IAall be recMc:ed by tile _,.t of th• proc ..... utpllld by th• followi,. fraction: <•> the total _,,t of the .... IKUl'ed t~let1ty before the tal,., divided by (b) t.,. felr •rltet v1lue of the Property l~ietely before the taklne. ,,,, bml-1 allell be ptld to lorr-. In the -t of a p11rtl1I telling of the Prap.rty In wllich tha felr •rltlt value of the Property 1.-dletety befor• the tetlne ii IH• than the ....,t of th• .... aecured 1.-dletely for th• tekt,., unlHI larr-r end Lander otharwls• 111ree In wrttt,. or unless 1PPllcllble 1 ... otherwl" provldel, the procaeda ahell be 9A1lled ta the 1.-1ecured by this Sac:urity lnatrUMnt wtlether or not the .... ire than u. Uni"• Lender end IOrr-r otherwise 1111•" in wrlti"I, any 9A1liution of proc ... to princlp11l 111811 not utend or po1tpon1 the u !Yte of the monthly pe_...u referred to in p11r111r..P.1 1 or change the _, of such pr;mfttl. 11. lo<'r-r llot ••l•eaed, forb .. r11nee ly Lender llat 1 W.lvar. Eat-Ion of th• ti• for.,.._.., or aodtflcatlon of eaortlutlon of the •UM aecurtd by this security ln1trumnt granted by Larder to any aucc .. 1or In lnterHt of lorr0111r &hell not operete to releaH the 1lllbl11 ty of the original lorrower or lorrower•1 1uccn1or1 in lntarHt. Lender llhall not be required to c:-.ce procffdi,.1 .. alnat eny aucceHor in int1raat or refU1e to utend ti• for pe,_,,t or atherwlH modify -•tlzatlon of th• a.-secured by thi1 Sac:urlty ln1tr.-t by rHaon of int~ Mdt by the original lorr-r or lorr-1·•1 1ucc11sor1 In lnt1rt1t. lolly forbeerllnCe by Lender In -cl1I• ,,.,, rl111t or r..tv lhtll not bl a 111tver of or prtcludt the t.11trclae of any rleht or r4Md)'. 12. -••aora end Aeal-lound; Joint ond Saverel Lillbtllty; Ca·Si-ra. The c-ta end .. •-ta of thl1 security lnstr.-t altall bind Ind benefit th• auccffaara and ualll"I of Larder end lorr-r, 11A1Ject to the Provl1t-of p11r19rap. 17. lorrower•a covenenta end .. r-u 1h11l be joint end sever•l. lirf'( lorrowr who co· al.,. thl1 Security ln1tr~t b.lt does not eaac:ute the llate; <•> ta co·•llJlll"I this Security lnatrumnt only to -t .... , ..-ant and c-ir thet lo<'rower•1 lntareat In t ... Property under tha tera of this sacurltY lnst,._t; lb> 11 noc ,...-11y obll .. ted to pey the , ... aecured by this lacurlty ln1trumnt; end Cc) ... -that Lender end llf'/ otlltr 1orr-_, 11rae to eat.-.1, aodlfy, forbear or Mk• any acc_.tl-with r998rd to the ttrM of thla security ln1t..-t or the llotl without that lorrower•1 •-ant. IS. La-Cher-. If the loan aecured by thl1 Security Jn1tr.-t ia IYl>Jac:t to 1 law ""lch 1eta Mlli- IDlll'I dler ... , end thH 1 ... 11 finally Interpreted so th•t the Interest or other loan char .. 1 collac:tecl or to bl collected In -=-tlon with th• lDlll'I lllCHCI the pe .. ltted ll•lta, then: <•> eny auch loan ch1r11 ahall be reQiced by the_, nect1Hry to recM:• the cher91 to the pe .. ltted llalt; end Cb> ""' 1.-elraedv collected from ..,.r_ wlllch ucaedld pe,.itted li•lt• will be refunded to IOrr-r. Lender •Y chaoH to Mite thia refund by recb:l111 the principal Ollld undtr th• llot• or by Mklng a direct PIYMf'lt to lorr-r. If • refund reQicH prlnclpel, the recl!Ct Ion wll 1 be tr .. tld 11 1 pert lal prapeymnt without any prepi1yment char98 unOlr the llote. 14. llotlc:H. Any notice to lorrower provided for in 1hl1 Security lnalr-1t lhall be 9ivan by deliverire It or by •Ill,. It by first cle11 Mil t11leH 1PPllcobl1 law required uae of another Mtllocl. The notlc• altall be directed to the Property Addrffl or any other eddrH• la••-• dHillNtff by notice to Lender. lirf'( notice to Ltrdlf" 1111111 be 1iven to lorr-r or Lander wllan given 11 provided In thil par19rap.. ·2· ...... C:> -...... FmMO 15. Gowrnlng LllW; Sevuolblllty. Thia Security lnatr-1 &hall be aoverned by federal l11W and IMI lllW of the jurlldlctlon In ""lch th• Property la located. In th• •vent that ony provision or cl-• of this Security lrwt,._t or the llota confllctl with lll'Pllcabla lllW, such conflict &hall not affect other provlal-of thla SacWlty lnat,,_t or the Note which can be given effect without the confl ictlng provision. To th la end the prcwlal-of thla Security lnatri-.t and the Note are declared to be 1everable. 16. llorrOOMr'• Copy. lorrower ahall be given one conformd copy of the Mote and of thla Security lrwtr-t. 17. Tr-fer of the Proper!y or a •-ficiel 1nter1tat In lorrower. If all or ony pert of the Property or lflY lnter"t In It la aold or tr-ferred (or If a beneficial lnterelt In lorr°""r ia aold or tr-lerred - llorr-r la not • Ntural person) without L..-der 1 1 prior written conaent, L..-der •y, at ita option, require lmacllat• P9~t In full of all ,,_ secured by thie Security INtr.--t. However, this option lhall not be -cited by Lender If eaerclH la prohibited by flderal law u of the dlltt of thla Security lnat,._t. If Lender eHrctled thla option, Lender ahell give llorrower notice of 11c:celaration. Tiie notice lhall provide a paf'iod of not lffa then 30 daye from th• data the notice h del lvared or •lled wl thin which llorr-r -1 p11y all IMml aecurad by thla Security lrwtr.-.t. If lorr°""r fall• to p11y theH a.-prior to the eapiration of th11 -lod, Lender -v invoke eny remdiH pe .. itted by thia Security lnltr-t without further notice or~ on IOrrower. 11. llorrawer•a light to leirwtate. If Borrower -t• certain conditiona, lorrower ahall have the ri8"t to haw enforc_,t of thla Security lrwtr-t dlacontlnuecl at lflY ti• prior to the nrller of : <•I 5 doYI (or IUCll other period u lljlpl icabla lllW •Y apaclfy for ninatat..nl) before ••I• of the Property purll*lt to rt</ power of aale co.ltalned In thia Security lrwtr_,t; or (b) entry of a j.....,,t enlorcl"lll thia Security lnatr_,t. ThoH condltlona are that llorrOOMr: (a) P9YI Lender all a.-which then -.Id be ctJe U'lder thia security lrwtr.--t and the IOtt • If no 11c:celtratlon had occurred; (b) curn and default of eny other covenenta or .. r-ta; (c) 119ya all .,.,,.,,... Incurred In enforcing thla Security lnatri-.t, Including, but not li•lted to, raaaonebl• ettorney•a f-; and (d) t.i.n auch Kllon u Larder •Y r ... onably r-ira to oa ... ra that the lien of thla Security lrwtr.-.t, Lender'• riaht• In the Property end Borrower'• obliption to S-Y the a.-aacured by thla Security lrwt,,_t lhall contlrMt in:haneed. Upon reirwt•t-t by lorrower, thla Security lnatr.--t and tM obliptiona MCur9d llertby lh1ll •-in fully effective H If no ac:ctleretlon had occurred. HoweYer, this rlaht to reirwtate lhall not lll'PIY In tha cue of 11c:celeratlon U'lder 119ragraph 17. 19. Sala of llote; Change of loan Servicer. The Mote or 1 partial Interest In the Mott (together with thi1 Security 1 .. tr.--t) •Y be 1old one or iaore ti-without prior notice to Borrower. A Hle •Y result in a ch....- ln th• entity (known aa the "Loen Servicer•> that collects monthly pe)Wflll due U'lder the llou and this Security lrwtr-t. There alao •Y be -or iaora chengn of tha Loan Servicer ..,,.elated 10 a aale of tM Nola. II !Mire le• ch....-of the Loen Servicer, lorrower will be 91 en notice of the ch_. In .c:cordanca "ilh 1>9r .. rei>h 14 and applicable law. The notice wll 1 atate t f the new Loan Servicer and the eddrna to which ~ta ahould be Mda. The notice will tion required by lljlpliclble law. 20. llaurdoua Subat111c:n. lorr presence, use, diapoHI, stor-ee, or rel-of .,,.., llazerdoua Subatencn on t do, nor allow anyone alH to do, lflYthl,. affect!,. the Property that I Tht precedi,. two aantancaa shall not lljlply to the pr-• ...... or a r of MaHrdoue SubatencH that are ... rally rec-heel to be -oprl • t no HI Int • of tM Property. llorr-lhall fll'OlllPtlY 1ive Lendar writ en notice lal• deMnd, lawault or otMlr Ktion by .-r; ~tat or ••l1tory y o y eny Mazardoua SIDltance or Erwir-tal L.., of which lorrowa he , a la notified by ony _r,_,tal or reeul1tory euthorlty, that eny r vel s tenet affect Ing th• Property ia nKHHry, llorr-r ahall pr0111Ptly •with Erwir-lal L..,. Aa la9d In thia s-r .. rei>h ZO, •Naz u 10..lc or hazardoue ...i.tencn by Erwlr-tal Law Md the foll 1'{11' le or toaic .,.trot-producta, toaic .,..tlcldn end harblcldn, vo or fo,..ldehyda, and radioactive Mtarlala. A1 la9d in t • federal 1-end 1-of th• Jurildiction ""8re the Property la I lr-tal protection. 21. Accalaretion; 1.-dln. ior to acceleration following lorr-•1 brMch of rt</ c-t or agr t but not prior to 11c:calera1ion under 119r .. r91'h 17 unln1 lljlpl icable Law provl specify: Cal Iha default; (bl the 11c:1ion required to cure the default; <cl a date, not iiJl:':SO--tlt' •data th• notice h elven to lorr-, by "'lch the default -t be cured; end (d) that fa .'to !.Ir._ fault on or before the dar. specified in the notice my rwult In 11c:caleratton of th• ,,_ aacured by t a Security 1 .. tr.-t, foracloaure by Judicial procMtll"lll end Hie of the Pros-rty. Tiie notice ahall further info .. lorrower of the right to rairwtat• after aualaratlon and tlla riaht to uurt In tha foreclosure proceeding tM non·e•l11anca of a def ... lt or ony other dlf_. of llorr-r to 11c:celaratlon and foreclosure. If the default h not cured on or before th• data specified in the notice, Lender, at lta option, •Y r~ira lmacllata pa)Wflt in full of ell 1'9a aacured by thia Security lrwt,._t 111lthout further ~ end My foreclose thh lacurity lrwtr_,t by judicial procndi"lll. Ltrder shall be entitled to collect all 1xpenan Incurred In pur1u1,. the remdin prO'tided In thh per .. rei>h 21, including, but rwt 11•1 tad to, rfflonable attorney•• f ... and cMU of th• t I ti• evidence. 22. lel-. Upon ~t of Ill ,._ HCured by thh Security lnatri-.1, Larder shall rele .. a thia Security lrwt.._t, without ch ..... to llorrower. lorr-r lhall pay eny recordlltion coats. 23. Attorney1• fffa. Al uaed In thl1 Security lrwtr....nt and tM Note, •attorneys• Ins• &hall include lnY lttornlytl 1 f--rded by 111'1 Ajlpll l1t1 court. 24. lidara to thh Security fnatr..-it. If one or iaore riders ire executed by lorrower and recorded t1111thtr with thl• security lnstr~t, the covenants and •11•-tl of e11Ch such rider lhall be incorporated into and lhall --1uppl-1 the cov.,...,ta end agr-tl of 1hi1 Security INtr....nt H if th• rider(&) were a .,.,.t of th la lacurlty l,.tr.--t. (Check Appl I cab Le IOJ1) 0 AdJ111table late llder 0 latt l"'P'OV_,I lider 0 Gr .... tad,~t I Ider 0 1-4 F•ily lider 0 lalloon lider 0 liwetkly Pa.,_,,t Aider 0 Condaoalnt .. llder 0 Second Mame lider D "lll'lned Unit Devel~t I Ider 0 Other<•> (lpecify llGlllllG IELOM. llorrawer 11c:cept1 and qrees to th• te,... and covenants contained in thia Security lnatr-t and in "'I rldtrCO executed by lorrower and recorded with it. lllMCI, •••led and delivered in the preaence of: FCM 0 llptur•: 0{!/k2{-L )/,Y_,;6')/.JC> Signature: LL /lJ"'°J.t~.!-/J....,~_...-=-==,.,.--<Se•ll 'rlnt ._1 /i(;>-S;,t:.=-./:· £/i{tr"), \<. (\,' ~WY PAUL ST. PIERRE 11.-tur•=------------- Prlnt --=-------------- ll1111ture: ____________ _ ,,,nt --=------------- ITATE Of Ft.ano,&. CllllTY Of CIXLim I herlbl' cert lfy that an AddreHI --------------- s1.,...ture: _______________ <Se•l) lorr-r 'slpture: _______________ <Seetl !kH'r-r AddrHa: In th• 1t1t• aforeuld lftd In the ~Y eforeuld to telt• 1eknDllledlJl!!ml!llil'N~loril.U:C,Jllllilliicli4=i ~LICENSE I.D. STH DfX»IBEJ{ 95 11n•11 Ill' Miid end official aul I ·1 th• CIU'lty lftd I 1te •forneld thla __ day of ------· 19 __ • II)' C-IHlan laplrH1 SJMONB PHILU.PS (IW.) ....... .., ~ .. EXHIBIT 1 A 1 Legal Description Lot 2 0 Block 210, GOLDEN GATE, UNIT 6 0 PART 1, according to the plat thereof recorded fn Plat Book 9, Pages 1 through 7, inclusive 1 of the Public Records of Collier County. Florida. . . •• ..-c=-::: ... ... ...