|
,� . .. .
<br /> ., .
<br /> , ,
<br /> �:.;�;..
<br /> � . • , .,Q Y,.�
<br /> . .,....-,,.." ` . . , �.�'1C�� -
<br /> � � . _ �:�::
<br /> �.,. . , .. : . ..,._,•�,,,+:_'''��
<br /> ,, .. � � .,��:
<br /> f-�.�_
<br /> ��
<br /> . ,.��Hz-
<br /> .. ..n�,•� .,
<br /> � ., .
<br /> 9T- 10�99 .
<br /> � Upon rocelpt of p�ymsnt of thA p►iae bid,1'runee ahall deliver to the pur�ct�aar Tru�tee's deed convaylny th�
<br /> 1 Prop�rty.7he roeftais in�hs Tr�:�a'a �scd ohsll B; R:Irtsa teclK edk+ence ot Ehs tn,th ot th�at�temems made ,
<br /> � thercln. T►ustee shsll �pply the proaaada of the aale In the tollawlny order: (�) to all cost�and expen�es ot � �
<br /> � sxerclalnp the power of s+d���nd tM� �la, Inaluclin�the p�ymeM of the Trustea'a ta+ss�ctudly incurrad, nat =-
<br /> �ex� 2 96 of the pHncipal�maunt of the note�t the time of the decl�rwtlon o� ckfauR,wnd
<br /> ti,.,,., roason�ble attomeys' fees a�s permlited by I�w; (b)to dl sums securod by this Security Inst►umer�t; and (c) , -
<br /> �ny excess ta the parson or persons ley�lly entttlad to it. �.,n
<br /> 21.Rsconveyat�e.Upon payment of all sums secured by this Security InsVument, Lender shali request Truatee to ,�,F_.
<br /> reconvey the Property and shall surrsnder this Securfty Instrument and all notes evidancing debt secured by thla „�,,
<br /> Sscurity Instrument to Truatoe.Truatee shall recanvsy the Property without warranty to the person or persons lagally __
<br /> •nt�lsd to ft. Such person or persona shall pay any recordation costs and a reconveyance fee if permitted under ; �:__
<br /> appUcable law. =
<br /> 22.Substkude TrtrsOse. Lender, at its optlan, may from time to time remove Trustae and appoint a successor nustee to 1`
<br /> any Trustes e�intad hersunder by an instrument recorded in the county In which thls Security Instrument fs � .'
<br /> rscorded.Withaut conveyonce ot the Property,the auccssa�r t►ustee shall eucoeed to all the M1e, powsr and duties
<br /> ca�ferrrd upon 7rustee haraln and by appl(cabls la�+.
<br /> 23.Request tor Notices. Borrower requests that copies nt the notices of detault and eale be sent to Borrower's address :
<br /> which fa the Prc�erty Address. '
<br /> 24.Riders to this Seeurity Instnim�nt. It one or moro riders are executed by Borrower and recorded together with thls �� t_-
<br /> t' Sxuri t y Instrument,tho covenante and agrsements of each such rider shall be incorporated into and ehall am�nd and
<br /> supplement the covenants and agreements of this Security Inst�ument as if thA dder(s) were a part of t h is Secur i i y —
<br /> Inslrument.
<br /> (Check applicabls box(es)j '�
<br /> ��:,
<br /> ❑ Adjuste�ble Rate Rider � Construction Loan Rider �
<br /> - (RJ' Other(s)[spscHy] 1''IFG. HOUSING ❑ Secu�ity Agreement
<br />� • 2b.Sscurity A�Kerr�eM. This Security Instrument is intended to be a securiry agreement, purauant to ths unKam
<br /> . Commsrclal Code for any building materiais, epptiances, and goods of every nature wfiatsoover now oP h�reafter
<br /> - � locatsd In,or on,or uaed,or intsnded to be used in connsction wfth the Property and any d the items apec�fisd in thd
<br /> `" S�acurity Instrumsnt ae part ot the Property,which, undsr applicable law,may be subject to a eecurfty Intereat pursusnt
<br />-=� - to the Unitorm Commercial C�do, artd Boaowar hereby granis Lender a first an�prior security intsrest in said it�ms. _
<br /> " �' Borrow�r agresa that Lendsr sy f(leZhis.SscuriCy'tnet�umsnt,or a reproduction thersof,In tho real estat� �scords or
<br />_ �-t- M.����r
<br /> oth�r appropriate indsx, aa �iind�dag:s4atemrnt tor any of the itsms spsc'rfi�d ubovs as part of th� Prop�rly. Rny
<br /> = ;. , reptoduction of thia Security Instrument oi ot�ny oth�r sscurity agreemant or finandng 64atsm�nt ehaill bp sufiici�nt
<br />-�. .`�` �-�.- ae woll as�xt�nafons, ranewala and amendments thereof,and reproductiona of thla S�curity Inatrum�nt in such torm
<br />��',t.��i:. � as Lendsr mey requin to psrfsct a secu�ity interest with rospect to said items. 8or�ower shail pay ell coste af filinq
<br /> -'`��"R`�'.-;'��`' auch financinp statsmsnts and any extenaions, renewals, am�ndments and releases ther�ot, end ahall pay all
<br /> au �+�F:��''"` rsseonabls coats and sxp�nsss of any rscord ssarches tor fir.ancing statemsnts Lsnd�r may reasonabfy raqulre.
<br />�-^�W:�'='x� Without ths prla wrftten conssnt of Lender, Barower shall not create or suffer to be crest�d pursuant to th�Uniform
<br /> -:�.RS,�:
<br /> �=•-�•- Comm�rdal Code any othsr eecurity interest in said (tems, including replecements and addf�ons thsroto. Upon
<br />�' '` � � Bcxrowsr'e Ix�ach of any covsnant or ngrsemsnt of Borrower contained in thia Sscurity Instrument, Including the
<br /> -�,� .. —
<br />-=��''?�"'"�"" covsnenta to pay whsn due all suma secured by this party under the Uniferm Commsrdal Code, Lender may alao --
<br /> ,...,.,:f*.•i
<br />-T„e;-»r.� invoks, at Lend�r'e optlon, the remedies provided in Paragraph 20 of thia Secudty Instrums�t as to such items. n
<br /> �°�!`�:u�;;;�� sxsrdsing nny of eafd rsmsdfes, Lender may proceed againet the items of real propsrty end any ftsma of p�rsonal
<br /> .,�::� propsrtyr specNied above as part of the Properly separately or together in any order whatsoever, without in any�vay
<br />_:.�'�'�»=:�, aitscting the availability ot Lender's remedfes under the Uniform Commercinl Code or ot the remedies provided in
<br />-;;t:�°•�`.t��- Paragraph 20 ot thls Securlty Instruanent. _
<br /> ;y,.,•,;.
<br /> .. ,.t -
<br /> e, � . —
<br /> �:. ..
<br />_ ' �-,.
<br />— �.`:
<br /> T�.
<br />- �f'..
<br />'� �` ,__ Initials: -��.r �PA6E60F6
<br /> - . .-:-. _,... MSNEW56O19/ — • v —.-
<br /> ORIGIP}AL ,GOEY.
<br />, .: � . . . . _; ...� _ - - . . _----.. �
<br /> �r..� ...._. -. .. .:. ....� . . _V'-' ' ..1�1.:.='LT��.r.......-.. ��'M�.
<br /> _'i �
<br /> � ____. . _. _. _ __.
<br />
|