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r L 10;,$0 NONUNIFORM COVENANTS. Borrower and Lender further covenant an*ree= follows: 19. Ae deration; Remedke. i aodw s1M give notice to Borrower prior to acceleration following Borrower's ht emdt of any covenant or agraema 0 t in this Security lastrusae of (but not prior to acceleration under paragrapbs 13 and 17 asaless apliable law providn otherwise). The notice dull specify: (a) the default; (b) the action required 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 hailare to core the defaalt on or before the date specifies in the notice may result U acceleration of the sums - secured by this Security Instrumseat and sale of the Property, The notice "I further Inform Borrower of the right to r+elestate after acceleration cad the right to bring a court action to saw the nonexistence of a default or any other defense of Borrower to acceleration and sak. If the default Is not cured on or before the date specified in the notice. Lender at its option may regpire taan WUW psymeat In hail of all spins secured by this Security Instrument without further demand and my Invoke the power of ask and may other remedies permitted by applicable law. Leaser shall be entitled to C90W an expenses incurred is pprmaiog the remadles provided is this paragrapb 19, taelsdiag, but not Knitted to, reasonable attorneys• fees sad emu of title evidence. If the power of sale is lavoked, Trustee shall record a notice of default im each co my k wbicb any part of the Property is located mail sbali wail copies of suet notice in the mama a prescribed by applicable law to Borrower and to the other persons prescribed by apliabde law. After the time required by applicable law. Trustee shall give public notice of sale to the persona and in the spanner proscribed by applicable law. Trustee, without demand on Borrower. shell sell the Pt+opprty at Vablie auction to the rigbest bidder at the flea mad place and under the terns desiRnated is the notice of sale in one or mom parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public assoancemeat at the tine sad place of any previously scheduled We. Lender or its designee may purchase the Property at may sale. Upon receipt of payment of the price bid, Trustee -%bull deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prime lecie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the fellowingorder: (a) to all expenses of the sale, including, but not limited to, Trusta'a fees as permitted by applicable law and reasonable attornce; s' fees: (b) to all sums secured by ibis Security Instrument; and (c) any excess to the person or persons legally entitled to +t. 20. Lender in PossoMos. Upon acceleration under paragraph 19 or aband(mment of the Property, lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, iake pmsession of and manage the Party and to collect the rents o^' alw Property including those past due. Any rents colleted by lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of runts, including, but not limited to, receiver's foes, premiums on receiver's bonds and reasonable attorneys' fees, and t)ren to the sums secured by .this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to T 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 casts. 1 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee i 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. 24. Riders 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 supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)] Q Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit Development Rider [� Other(s) [specify] ACKNOWLEDGEMENT BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. j - 1. .. . .. ............ ............ .............. . Owai) - J ITH C HORNE ;apace A*W Tar Lm or STATE OF ...... N40RASiW ............... S3: COUNTY OF ...... WL .................... I _ 1be foregoinS instrument was acknowledW Wore me this....... OCTOBER 3. 1990 ..... (date by ..................�J Y ,L HQi{N AND .JUDITH C HONE, HUSBAND AND W1 E .............. (personts) ackngw1c"rtU My Commission expires: 04/06/90 C. WMM t m Ism Notaq Puh;ti This Int :rurr:rrst sae prepared by ...................... ............................... ..............