Laserfiche WebLink
�a <br />_ f <br />89-- 10000' s: 10 v <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follow <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of ally covenant or agreemeat is this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall specify. (a) the default; (b) the action required to cure the <br />elefwlt., (e) a date, tat l" tht"r 30 days fry the date the notice is given to Borrower, by whl.h the default ::tutu be cures <br />and (d) tbst failure to cure the default on or before the date specified in the notice may result is acceleration of the sums <br />secured by this Security Instrument cad sale of the Property. The notice shall further iniorttt Borrower of the right to <br />reinstate after acceleration and the ri&kt to brim a court action to swert the non - existence of a default or any other <br />defense of Borrower to acceleration and saki, if tie default is not cured on or before the date specified in the notice, Lender <br />at its option may require Imatediate payment is f H of all sutras secured by this Security Instrument without further <br />demand and may invoke the power of ssk 04 any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing ft remedies provided in this paragraph 19, Including, but not limited to, <br />reasonable attorneys' fees and coats of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default In each county In which any part of the <br />Property is located and :ball wail copies of such sodce In the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the bone required by applicable law, Trustee shall give public notice of <br />i sale to the persons cad in the manner prescribed by applicable law. Trustee, without demand on .Borrower, shall sell .the <br />Property at public auction to the highest bidder at the time and place and under the terms designated In the notice of sale in <br />one or more parcels and in aal order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of psymeat of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the T'rustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustca slmll apply the procee& of the We iu the follow' ing order. (a) to all expenses of the sale, including, but not limited <br />! to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Secu lty. <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender In Possession. Upon acceleration under paragraph 19 or abandonment• of the Property, Lender (in <br />person. by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the re onlu r <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but nfat <br />limited to, re:ceivPr's fees, premiums on r'eceiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. Upon'payment of all sums secured by this Security Instrument, Lender shall request Trustee to ` <br />` reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security j <br />Instrument to Trustee. Trustee shall 1reconvey the Property without warranty and without charga to the person or persons s <br />leg llu "entitled Wit. '.t.'"`:/ o°^vi. vv ^r "'�r.,C1iS ohs }} ' w, • is ordatifiil w5t5.- - - - -- <br />�-•.► -• r• w iii __3 <br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in'which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the-title, power and duties conferred upon <br />Trustee herein and.by applicable law. <br />est <br />23. Requ for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Ins4ruatent as if the rider(s)' tyre a part of this Security <br />. Instrument. [Check ipplicableboa(es)) <br />❑ Adjustable Rate Rider ❑ Condominium' Rider ❑ 2-4 Family Rider <br />❑ Graduated Payment Rider ❑ Planned Unit. Development Rider <br />® Other(SP jspecify) ACKNOWLEGEi>1ENT MI) 11/28188 <br />BY SIGNING BELotw; ,Borrower accepts and :ogres to the terms covenants c ire d i his Security <br />' Instrument and in any rider(sj execute d by Borrower and fecorde d with <br />x ....................... .(Sea;<y. <br />.. <br />CAROL. A JOLET (Staff) <br />. — BonawN <br />'. ISpxe Below TW. Line For AcknowledVmnt) <br />r. <br />SPATE OF ....bFRA$K!� .............. . . . <br />..... SS: <br />cCIT12'+ii'Y OF ....I�°11+1• ................. 11 � - - -- -- <br />i <br />The foregoing instrument was acknowledged before me this ... 4$Tli, UAY OF NOVEMBER 198$ <br />by . JASEPII. D - AQLF.T . & . CAROL .& J4kp'f,. (date) <br />ff$b .WE � J INT, ,EAC <br />_ N, THEIR, w <br />L(person(s) acknowledging) <br />My Commission expires: FEBRUARY 14, 1990 <br />t` <br />A4111MV L rHp p �:'L. t!C ` e ✓ .. ... .. /`.. <br />K Notary Public e <br />tht,,intitruiiient (rrs "QrepSrcd by. .'U{%i +� 1�}3 1.I NELIjEiSKA� `E1):I()tie1t; �155rit:1,;;� 110 ..... <br />ill. r +t,:S' {P, =yViG C "t " "b C'1� •E %.:, 't. %� <br />