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<br /> I�nPI-UNIi'nRM C'Sri'cN�N�tx Bc�rrowcr mn�i Lender iLrthrr covenent and egree r��foll��w•s: �'.a`�i�. �,i� �`•,<<.--�
<br /> . 19. Amke�t{on; Reeneeli�a. L�nsde� slqt!! R,i�e esoSite ta Y�tnwe� ptlor to eccetention toitowln� Norro��•s� t'-=�
<br /> �esc�o�uy cote�sa�t or�reteiewt i�tlis SecWHty IRStt►��t(but not ptlor to�cctter�tion undcr pwr��cayhs i�uui 17
<br /> p�{pp�pUe�6k t�w prorWe� otlKewi�e�. T�e aotice sball speeity:t�) the det�nit; t�)the�ctioe+rcqutred to cure the
<br /> � �th�ih(c)��te.�ot ter t►�30�hys ftow tMe date tke iwtice is�tYen to Bor�aRer.by whkh the default must be cured;
<br /> wW(�)Uat t�ilun to ciue the deh�it o�or Iefore t6e date�eci!#ed in tlk aotice u�ay result in�cceler�tlon ot the sums
<br /> sec�reA�Y tbb See+KitY I�t�eale o!t�e Pro�ty.'I'he ec►tice el�all Autl�er intonn Sorrower nt the rlgYe to
<br /> rei�sbte ah+er�codastio��d tl�e s1�At La b�ia��e co�rt�ctiaA to�s�ert the aon-e:i�teecc ot�detault or�ny other
<br /> �Itle�se ot B�rower to accekntio�ud�ale.Ittre dehs�t is�wt erred un or before the d�te eprciHed tn ei�notice.i.ende�
<br /> at Ib o�tiow �y rahire ia�ediste py�t iR!�A ot�Il sY�ucarcd by thi� See�rity laftrument witiwut further �
<br /> de��t�w�i�wice tMe fowtr ot�le a�i uy atiier rewedks�e�itted by s�piica6k Isw.LenAer sl�all be entitled to
<br /> eoll�ct all esNt�aa iNCMtrei i� Mesri� tMe re�nNka �o�Wed is t�is paragr�ph l9, includin�. but not Umited to.
<br /> f'p/O�W!i�(1fAt�i'�!q Y�COK1 OY du!!�WlIICl.
<br /> It tl�t pwer ot s�k is i�*oked,TesKee�ball record��otier o!detaNlt in qch munty In which any ptrt a!the
<br /> Pro�eKY is Ioc�tN�wd�lad!�nil co�.of a�cli�otice ta ttic aisR�er�eud6ed by appliqbk I�w to QOifOwl��11d tp thC
<br /> otYa�er��sud�ei�y s�kaNe I�w. Aher tt�e H�e required by sMlicable law.T�ustee shall g,ive public natice ot
<br /> ale to tre�enaeo aai t�t4e wa�t�Ke�crikd by aMik�ble law.Tn�sta.witb�wt demsnd ae Bormwer.ahall sell the
<br /> Pro�erty at�Ilk arctlaw to tLe�l�Wd�er at tl�tiu�e�d�lace aad under tlie tenns desi�eated i�tl�e aotice ot aale in
<br /> w�e oc�on/NUCtN ard iM�uy orde�Trwtee deter�I�a.Trustee nay po�tpne s�le ot all or any p�rcel ot the Property by
<br /> prblic weoa�eesent at tMe ti�e a�d�lac�e of�uy�re�iowly ssheduled sale. Len�er or its designee may purchsue the
<br /> Property��t auy rak.
<br /> Upn recetrt ot p�y�ue�t of tMe pria bid,'!'nnta sbail deli�er to tbe purchase�Trustee's deed con�c�ing the .
<br /> . Pro/erty.77ie tecit�N in the T�MSta'�deed�MaU be pri�ns lacie e�tdsnce ot t6e hutL o!tl�e statements made thertin.
<br /> Tr�ta�bll y�ly tl�e�rocetds ot the sale i�tl�e folkwi��oeder.ta1 to all expenxs of tl�e sale.including.6ut not limlted
<br /> to.Tr�tee•s fees a per�itted by a�lkasle law and rea�o�able attomey�'tees;(b)to-all sums secured by thi�Security
<br /> ; In�trume�t;x�d(c)aey excas to t6e penon or persua�l�gally eatitled to it.
<br /> 20. Lende� i� Postesaion. Upon acceleration under paragraph 14 or abandunment of'the Property. Lender (in
<br /> persan,by agent or by judicially appointed receiver)shall be entitled tv enter upon, take poscec�i�m of and manage the
<br /> Ptopeny and to collect the rents oPthe Propeny including thase past due. Any rents Lollected by Lender ar the receiver
<br /> shall be applied firct to payment of th:cc�sts of management af the Prapert}•and cnllecnan of rents, includinF, but not
<br /> limited to,receiv�r s fees.premiums on receiver's bonds an�3 reaaonable attornryc' fees,and then to tfie�ums secured b�
<br /> this Security Instrument. .�
<br /> 21.Recon�eyance.U�nn payment of ali�ums secured by this Security In�trument,Lendei�hall reque�t Tructec ta
<br /> reconvey th�Property and shall surrender this Security lnst�me�t and all notec e�•i�,eMCUig deht�ecured b�•this�er:untti� �
<br /> Instrume�st to Trustee.Trustee shail reconvey the Yroperty wctlaout warranty and w•�rh��ot charge t�the�ercon�r�erti�n�
<br /> _ legalls rntitled to it.Such person or persons shall pay arey recordat�on rn�ts. �
<br /> ;
<br /> 22.Substttute Trustee.L.ender.at its option,may fram time to ti�ne remave"Trusta anA appoint a�uccecsor trustee =;
<br /> to my Trustee appointed hereunder by an instrument recorded in the cour.t►�n which this Securny Instsument is recorded.
<br /> Without eanveyanet of the Prope�ay, the successor trustee shall succced to all the•title.pnwer and duties conferred upon
<br /> �-- Trusta herein and by applica6k law, �
<br /> 23.Request for�otices. Borrower requests that copies ot'the noticc� of default a�d �ale be cem to Botma•er's
<br /> address which is t hc Propeny Addre�c.
<br /> ?t.Riders to tAi�Seeurity iastrument.!f one or more nders are executed by Borrower and recordcd togcther with
<br /> this Security instrument.the covenants and agreements of each such rider Shall be mcorporated into and shall amend and ._
<br /> supple�t thc covenxnts and agreemcnts oP tMs Se�utity Instrumeiet as J the rr�er{s) were a part af this Scrunty
<br /> Instrument.[Check applicable boa(es)j
<br /> ❑ Adjustabie Rate Rider G Condominium Rider � 2--4 Fam�iy R�drr �
<br /> [J Gmduated Payment Rider � Planned Unit De�elopment Rider '+�
<br /> �Uther(s) (specify] Af,KNOWLEDCEMENT :�
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<br /> HY SIGNIlHG BE�ow. Borrower aece}tts and agrees to the terms and covenant� c�tita:ned m th�� Security <`�•
<br /> Instrument and in any rider(s)exctiuted by l3orrower and r�corded w��th it. ,
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<br /> SHAROy L SPEtiCER� —so•.owr►
<br /> �� I�� Nie�r TMS LrK Fa AcAno�rtedLmer+t)
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<br /> 7T�e fortgaingir.ctrument K•as acknou•1Mccd beforc me this.......,,,11TH DAY OF APRIL, 1990 .., ....�����
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<br /> (date)
<br /> WE�1D�:LL U SPE\CER �1�iD SHARbN i, .SYENCEFt., ,HLSf3�l:rD. �1,tiD WIFE . ., ,,,,,,,� �
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