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Owt 89-°- 102571 NONUNIFORM COMNAYT'S. Borrower and Lender further covenant and agree as follows: 19. Acceleration; Rimedies. Lender shall give notice to Borrower prior to acceleratioz following Borrower's breach of any covenant or agreement in this Security Instrument (bat not prior to acceleration under paragraphs 13 and 17 unless •applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action requ'ued to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice ms. iesult in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non- ex'stence of a default or any other defense of Bo, rower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument w'.thout further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provide:! in this paragraph 19, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of defzult in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time requires by applicable law, Trustee shall give public notice of sale to the person;, and in the manner prescribed by applicable la%v. Trustee, without demand on Borrower, shall sell the Property at puH: - auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or mere t :;e eels and ' i any order Trustee determines. Trustee may postpona sale of all or any parcel of the Property by public a n :cernent at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any .ale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 10. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums r.ecurcd by this Security Instrument. 11. Reconvcyance. Upon payment of all sums secured by this Security instrument, Lender shall request Trustee to reconsey the Property and shall surrender this Security Instrut,:ent 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. 21. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee :appointed laereunder 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. 24. P.iders to this Security Instrument. If one or more riders are 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 supuiement the covenant, and agreements of this Security Instrument as if the rider(s) were a part of this Security Inst rament. [Check a pplicablc box(es)] L; Adjustable Rate Rider Li Condominium Rider 17-1 2-4 Famil, Rider ';radiated Payment Rider ❑ Planned Unit Develop men, Rider OltiCr(s) ,specify) `A Assum ption Policy Rider, VA Guaranteed Loan Rider, Acknowledgement BY SIGNiN�,, BI:L')u. Borrower accepts and agree" to the terms and covenants contained in tl :is Security Instrument and in any rider(N) executed by Borrower and recorded wyh�. - ...1 /. ^. ....... � . .........................(seal) JOIi\ A. TIL'UT Borro�e• 1 .......�.........._.......: �....... ....�.:t~t .'....... .........................(Seal) RITA R. TIEDT — "pogo «er [Space Below This Une For Acknowledgment] STATE OF ...`EBI;t i:A .................. COUNTY OF ...HALL SS: The foregoing ins :rurncnt was acknowiedeed before me ;h ;s ............... :'L1Y 13 , 1989 ..... ............................... (date) by . JOBit. 6...' I. U: D'. l' ..�; +J).�Z'j'i >.}t,..= �Z? :DT. >. HUSI3Ai:D A`;i) 6:Ii•'E (prson(s) ackno-. Acdging)... .......... ..... .......................... e ., UAA(t ACiAAY -Stan td 1*zia MY Commission exn :rrs: MARGARET M- DILLOM �..: Mr Gowan Era JO Z. 1992 Notary Public This instru -mcnt was prepared by..., SIIFIiA SANCHF1....... �.: . .......... ...............................