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89103461
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Last modified
10/20/2011 4:28:20 AM
Creation date
10/20/2005 9:43:26 PM
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DEEDS
Inst Number
89103461
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Borrower. and each belraea oon+pany CWMfMd le hsnby <br />aurwked and dhecNd to make paytwd for such lose drecly to <br />Nee Lender hand of to the Borrower and the Lender Jrarhtty, and <br />the Mnutwice proceeds, or my part that w" be appled by the <br />Lwtdu at lea oplion dt w 10 the tadledlon d the Y IGING dale <br />hsteby secured or b the t$Mcf *n or rspak Of the PMPNV <br />dsraa� eel in event as breobNxe of this InebWWO or Mier dstu fat <br />a rue b t" 11011PO d pmpwly In wdYhOo*Wff M d the <br />b ditdmw seowed hereby, r r1OM. We and InMlsee! of the <br />/errewr In Will to any bMlrstloe pokke then in bra am pass to <br />the pwdto r or go 11e <br />M. TAM M edMff WA and CCkWW saouttty rot the Pfd Of the <br />nets dowibsd, ant d star" 10 b*ow - due under tiler Inslnan MI, <br />the fear WW hereby sass" to the Lender alt prole. paean w. <br />at oll and r kOW On pled P isle. wkh Ile ftM 10 f$DOW held <br />recap for the Batas and apply tnwn to said I Wditdness as wall <br />beleta se aver Oldvllt in Me oondMan of Oita kmftm@K and the <br />Lender faasl tog rlsnd. sus fa end reowar any such peymalts when <br />eves and prOW but shsft not be rsquked solo do. This asst W wN <br />is I* WW&Ae and heooras nub and void upon release of this 4atnarlsnt. <br />10. Their we 8om wer wN keep the buildings upon sell ptwdses <br />In good tepe►, and -Oil's ooewdt nor psrmk wash upon said lend. <br />not suNsr the said Pterehsa to be used for any ualewkaf purpose. <br />it. That N tea premises. at any pal thereof. be corder ned under <br />this power of a AM doweln. or acquired for a pubb use, the <br />dwoM asswtlwl. pre prtoessde for to WAft oh Of the <br />oonskfwsiots ON saoh GOWWO . b the advert of the fvi emount of <br />h %tls 4 upat Iles intnlrr erd and the nob which it Is gkwn to <br />sears rwnahlb ranpsid. ass has bye assigned by the BOTOWsr to the <br />Lander. led shat be paid W wAh b said Larder to be applied by <br />the betas an Owount d the nod nlaerfnl kawk wets of such <br />rods* dress. <br />I& The -Optam to*Ow puss MM should this instnwA nt and <br />the trots saaleed hoabyt ilO be spolis for lnsuraeoe irt0er the <br />NdWM mere% Ad wMA%l eight meNNhe fran the date hereof <br />(wrMan seine a oil any 00M of ales W"am«lt of McU*v and. <br />UAM uevetgtenwht or senewdnd ov*R G Me Se.:.Jsf <br />aid LOm Development. dried slrb"W" 10 the eight months' dms <br />flora the OMs Of Oft bW*MM M. decitinlg to inaua said reefs and <br />this rrlottgepn„ b*4 diseMSa conduske pros of such WHIO N . <br />the hander or INNOW 4 the not* relay.• 41 b option. declare d urns <br />seamed hapft yes- - ddihr due and payable. Hoewttheite "the <br />iweyoip. ails apron raayp and be eararoiead by the Lender or the <br />holder d the note kv tae tnleigibW for insuruloe under the <br />N@MW Hou*q Ad M dins to the Lender's Wure to nail the <br />rwlgage kWWWAs pm Wm b the Dsfwtmwht d Housing and <br />Reborn Develojrnn t. <br />I& That N OW Borrower falls to make any psyrneots of moray <br />when the were 'k On due, Of We to e:exhbrrn to end oormpty wilt <br />any of the conceals or sWeernants contained in this Instrument. or <br />the nche which r *Mqc- than the arNire principel sent and accrued <br />Norm she/ at once boom* clue and payable. st the election of the <br />Lender. <br />L <br />1 <br />Lender shah Ohre notice to Borrows prior to acceleration <br />fotowi ng Borrower's bresch of any covenant or agreement in this <br />InslturnrlM (but not prior to aooelsrstlon under paragraph 12 unless <br />spptloabis law provides olhswtse). The notice she% specMy: (a) the <br />default; (b) ithe No" required to axe the defautr (W a date. not less <br />than 00 efeyo trap the date the nolke is gksn to Borrower. by which <br />the defeats MM be oared: end (d) that sore to cure the dskuk on <br />of bsbre the dale speolAsd in the notkos may result In acceleration <br />d the sums waxed by this Inslnm it and sate of the Property. The <br />mores Ad tattler inform Borrower of the right to reinstate alter <br />sooelwaron and ihe dgM to bring a cowl action to assert the non. <br />eris18 n of a dioW or any other ddonse of Borrower to acceler- <br />arat and salt. N the delsult Is not aced on or besore the date <br />spseiied In the nora. Lender at Its option may require kn NKMts <br />payetlwrt in peril d ail sums seared by this instnxmrd without <br />furrier dw mid and relay invoke the power of sale and any other <br />rwa C1se p@M*W by applicable law. Lender shall be entitled to <br />coiled d apwlsse incurred in pursuing the remedies provided In <br />this paragraph 13. Irldudng, but not *Mod to, reasonable <br />attorneys• tees and oats of We evidernce. <br />N the power of sale Is kwoked. Trustse shah record a notice of <br />detnnk in each county In which any part of the Property is boated <br />end slab male copin of such notice in the manner presc tW by <br />apprabi* law to Boeower and to the other persons pracdwd by <br />applia b law. After the tins required by applicable law. Trustee <br />shaft glee pubic notice of a" to the persons and in the manner <br />presorfbed by applicable law. Trustee. without dernand an Sonsower, <br />shell ad the property, at pubic auction to the* highest bidder at the <br />time and piece and render the terms desigaeW h the notice of sale <br />in one or more percale and In any order TrusteddMemtines. Trustee <br />MW postpone sale of all or any parcel of the 11koperty by public <br />anMOwwwwd at the tine and place of any ptavfously schwhled <br />safe. Lender or k designs may purchass the ftPWy at .&Y sale. <br />Upon reoeipt at: paeptant of the price bid. Trusts* shell delver to <br />the purchaser Truegets dead conveying the Property. The recitals in <br />the Trustee's deed shall be prima facie evidence of the truth of the <br />e rai>srinania tt�vt inww`t. Tzit:: WW" M:r"y the r""`... a of -.her S!!e <br />h W* following order: (a) to ale expenses of the safe. Including. but <br />not Nmited to. Tr MWS fees as permitted by applicable kw and <br />.w. atterneys' ties: (b) to all sums sewed by this Security <br />instrument; and (c) any excess to the person or persona ir.-2.sly <br />aftelled to N. <br />td. Upon acodairs ion under paragraph 13 cr abandonment of the <br />property. Lender Ipt parson. by agent or by pkhoy, appointed <br />raceker) shalt be irhi%led to enter upon. take possession of and <br />Troop the Property and to collect the rants of the Property <br />Yxcluuding those past due. Any rents collected by Lender or.the <br />nosier *W to applied fat to payment of the costs of management <br />ell the property, rind collection of rents. including, but not limited to. <br />recsker's tees, premiums on recsks's bomb and reasonable <br />attorney's lees, and then to the sums secured by this instrument. <br />15. Upon payment of aN sums secured by this instrument. Lender <br />shah request Trustee to reeonwey the Property and shah surrender <br />this Instnxnerd and M notes evidencing debt secured by this <br />instrument to Trustee. Tru$tse shat reconvey the Property without <br />Page 3 of 5 <br />MULiW10JU r.I <br />(fort 92143C.pfm) <br />,j <br />-i <br />
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