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90-- 105740 <br />NOW-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />10. Aootlleratloa; Remedies. Lender " give notice to Borrower prior to weelentlon following Borrowec'Is <br />breach of my covenant or agreement in tits Security Instrument (but not prior to acceleration under paragraphs 13 ad 17 <br />unless applkabk law provides otherwise). Tie notice shall specify. (a) the default; (b) the action required to care the <br />default; (c) a date, scot ka than 30 days from the date the notice Is given to Borrower, by which the default mast be cured; <br />and (d) that fall re to case the delash on or before the date specified in the malice may result in acceleration of the seas <br />secured by elate Security Inaltim mt and sak of the Property. The notice shall farther inform Borrower of the right to <br />relo Late after acceleration amd the right to briag a court action to assert the non- existence of a default or any other <br />d if of Borrower to ameleration and sale. if the default is no cured on or before the date specified in the notice. Lender <br />at Its option nay reiidre immediate payment Is full of all auras secured by this Security Instrument without further <br />demaand said way invoke Use power of nab sad uy other remedies permitted by applicable law. lender shall be entitled to <br />collect AU expenses Incurred In pursuing the remedies provided is this paragraph 19. isciudia& but not limited to, <br />Mumble attorneys' fin and costs of due evidence. <br />If the power of ale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property in located and shall mail coda of such notice in the answer prescribed by applicable law to Borrower and to Ike <br />other ps a m prescribed by applkable law. After the time regwired by applicable law. Trustee shall give public notice of <br />sale to the persons and In the mamer prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the blghest bidder st the time and place sad under the terms designated in the notice of sale in <br />one or attars pareels amd In nay order Trustee determines. Trustee may postpone ale of all or any parcel of the Property by <br />public ant at tot times amd place of my previously sebeduled sale. Lender or its designee may purchase the <br />Property at say ale. <br />Upon receipt of paymetat of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements nude therein. <br />Trustee doll apply the proceeds of the ask in the following orders (a) to all expenses of the ale, including, but not limited <br />to. Trustee's fees as peratitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />i Iastrrumetst; and (c) nay 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 receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sum-, secured by <br />this Security Instrument. <br />21. Reconveyamee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to s <br />reconvey the Properly and shall surrender this Security Instrument and all notes evidencing debt secured by this Security i <br />Instrument to Trustee. Trustee Asll lreconvey the Property without warranty and without charge to the person or persons ; <br />legally entitled to it. Such person or persons shal l pay any recordation costs. <br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee 1 �� <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Swurity 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 />23. Request 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 t ogether 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 Instrument as if the rider(%) were a part of this Security <br />Instrument. [Check applicable box(es)) <br />[] Adjustable Rate Rider [] Condominium Rider 2-4 Family Rider j <br />[] Graduated Payment Rider [] Planned Unit Development Rider <br />® Other(s) (specify) ACKNOWLEDGEMENT � <br />f. <br />w <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />..............(Seal) <br />CMARLES L WILSON <br />sli:.... .: � ... .... ............. (Seal) <br />DORIS E <br />SrATR OF .........Nl;9i(ASKA ............ l <br />SS: <br />C OUN y OF .........ML1 ................. <br />91te f'oreaoing instrument was acknowledged before me this........ d TOBER .. 1st , .1.9. 9 0 <br />. , ..... <br />.................................. <br />........... . <br />(date) <br />by ....... CHARLES. AND. S..F W�LS1 ,,, HUSBAND AND WIFE, AS JOINT TENANTS <br />LWerson(s) sdk ow(edging) <br />dam* <br />sawnw <br />NA <br />Notary Public <br />IMIS instrument was prepared by ........... . ......... . . . . . . . . . . . . . . . <br />..... ........................... <br />J <br />• ,..,,...i. ,.. Ii1i.. ,: :. of ; .!ai\ ),!. \sttr4,�, ,. - . .. . .- ,. - .'- l�f,.: . <br />