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W-101469 NON- UNIFORM COVENANM. Borrower and Lender further covamt and aigree as follows: It Aceeterahoa; Remedies. Lewder shall glre accuse to Borrower prior to acceleration (011owing' Borrower's I m r-lt of ay a ovessat or agreement to tuft Security Instrument (but not pd or to acceleration under paragraphs 13 and 17 safeaa applicable law provides otherwfae). to notice d all "cffy: (s) the deefault; (b) the action required to case the deftudt; (el a abate, not I= that -V days.f i m t1 se date the Notice is given to Boarrower, by which the default most be cured; sad (d) that More to care tie def k on or before the date specified In the notibe may result in acceleration of the seams nould by this Security Iasasasent sad oak of the Property. The neatice shaiTi further inform Borrower of the right to reNON after acceleration ud' flee rlik to brfas a coon action, to mat tits non - existence of a default or any other fi l s e ornorrowenr to aecelendotr and sale. If the default in not cured on orbefore the date specified in the notice, Lender atits option my regatm i a edtiute payment in frill of all tams secured by this Security Instrument without farther dem and sad sway bmka the purer otsale and say other rest Wmperml ted by appikabk law. Leader shall be_entitled to collect OR atpeaaea bearred In pi rsnimg the remedies provkW In this parsomph;19, including, but not limited to, rata mableattorneys'fenandcosh oftittle evidence. If die .power of Bade hs favohed, Trustee dull record a notice of default In each county in which any part of the Prollertyfis boated and thug nail copies of such notice in the manner pr ewribed by applicable law to Borrower and to the Other peraaas Pumilled by appliScable law. After the time required by applfcaaNe law, Trustee shall give public notice of sate . to the persona and in the master prescribed by spplieaeble law. TrusOe� without demand on Borrower, shall sell the Property at public suction to the highest bidder at the time and place and under titre terms designated in the notice of sale In one or mss parcels and in any order Trustee determines. Tru dw may pealoone(sale of ll or any parcel of the Property by public announcement at the tame s®d place of any previously scheduled: iWe;.. Eeaes or its designee may purchase the Propertystanyssle. Upon re cdot of Payment of the price a bid, Trustee shall deliver W. tf* gwc user Trustee's deed conveying the Property. The recilds.iin the Trustee's deed shall be prima fade evidence of'.the &&-A of the statements made therein. Trustee " apply tke proceeds of the safe in the following order: (a) to all exp eases eta: t he sale, including, but not 11m1ted_ .- to, Trustees la as permined by applicable law and reasonable attorneys' fees; (b) ten► all sums secured by this. p4ty Instrnmen ;surf (Qr. 3 a strew tO the person or persons legally eadded to 11L 20. Leader in F66esdon. Upon acceleration under paragraph 14 or abandonment of the Property, Under ( kn person, by agent or by g-;a6 -ially appointed receiver) shall be entitled to enter upon, take possessim of and manage the- Property and to coil= hz =ts of the Property including those past due. Any rents cailected by Lende: or th-- r'vaa . shall be apply ed first eD pa }mot of *e costs of management of the Property and collection of rents, including, but :got limited to, receiver's fees, p emiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument_ 21. Rexenveyance. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be sent to each person who is a party hereto at the address of such person set forth herein. 24. Riders to this Security Instrument. If one or more riders arc executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of tnis' Security Instrument. [Check applicable box(es)] a Adjustable Rate Rider [] Condominium Rider 2-4 Family Rider 0 Graduated payment Rider rl Planned Unit Development Rider [j Others) [specify) BY SIGNING BELow. Borrower accepts and agrees to the teams and covenants contained in this Security Lnstrument and in any ride(s) executed by Borrower and recorded with it. on- ... . ti�.4f�...... .. . '.6 en. ?... ...:.....................(Seal) Diane E. Pennington amen Cloynning J — Borrower .............................. ............................... .........................(Seal) HALL - -Borrower STATS OF NanttesxA ............................. ............................... ...._..County W: . .. . ...... On this ?Ind nn��''��daa�y of ,. March 19.89" before me, the undersigned, a Nom Public Disney}r�. oa�nd rsTand fa° JWAfflnty personally SP Cloy - Pennington, ..Jr. �ans- _....... -. is�feat i vrT%t. yse names ere .been , to me kno m to be the n(n) () su 'bed to the foregoing instrument and acknowledged the execu- tion themi to be .........ir..... _ voluntary act and deed..: Witness my hand and notarial seal at ........ &rand.1sland,-_t ebY aS ka---- _--- _- _- _ -_____ in said county, the date aforesaid. My Commission We i ItL il, Public an Equal Employment Opportunity /Affirmative Action Employer M /F. ISO+« teao INS Lx foe Atttrwrrreetmentj ..sue s� Y r a