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90107286
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Last modified
10/21/2011 1:47:47 AM
Creation date
10/20/2005 10:15:15 PM
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DEEDS
Inst Number
90107286
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90-107286 -- <br />NON•UNIPOatM COV ENANIM Borrower and lender Further covenant and agree as follows: <br />Ill. Acceleration; ROMW M& Lmmdw slue glvs notice to Borrower prior to aoaleratiow fuliuwla Be"awi " s <br />iraaetr of any coewat or agnnrp- ire this Seewlty Immanent OM not prior to aoaleradon ender rraQaphs 13 and 17 <br />saisss applleabis law provMM odwwlse). The nodes shall ON*: (a) tie defaala (b) the action required to cure the <br />ditfmle; (e) a date, act lees tin 30 days hose the date the notice Is given to Borrower, by which the default must be curedi <br />and (d) diet failure to erne the default an or before the date specified is tba notlee may result in acceleration of the lows <br />secured by tits Se t city Iaatnuaw and sale of ties Property. Tie notice shall further Inform Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non-exletence of a default or any other <br />atll s o of Borrower to ire accelerittlon <br />ilia and sale. it is Ow defoull Is 09 cufed 00 tWl of so spats securedrby thin Securityphummen without further <br />at its eptioa may require iwatedlate payttten <br />dtsnmrd and way invoke the power of sale and any other <br />Lender <br />collect all expenses lncurred in Pla4 the nnsdiss Provided this as but limited to <br />rtwaoaable attorneys' fees and coq of title evidence. of the <br />If the power of sale Is invoked, Trustee sill record a notice of default in each county t <br />in which any and to the <br />Property is located and shall mail copies of such notice IN the wanner prescribed by opP ic <br />other persons prescribed by spplicable law. After the tiwe required by applicable low. Trustee shall give public notice of <br />oak to the persons and Is the assurer Prescribed by applicable law. Trustee, witbost demand on Borrower. shall sell the <br />Property at public saetim to tie billih at bidder at the time and place and under the terans desigasted i• the sotice of sale in <br />ose or sore parcels said in say order Trustee determises. Trustee away postPo*e sak of all or may parcel of the Property by <br />public sssomeeweet at the Um and place of my previously sehddtd sable. Leader or its designee stay t111111"Ckass ilk <br />Property at any seek. <br />Upon receipt of payeaeat of the price bid, Trustee shall deliver to the pwbaser Trustee's deed conveying the <br />property. The recitals in the Trustee's deed shill be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sole in the following order. (a) to all expenses of the oak. including, but not limited <br />to, Trustee's fees as perwitted by applicable law and reasonable attorneys' tee:: (b) to all suss secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender is 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 thfe rents of the Property including those past due. Any rents collected by Lender rr 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 fee, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyataee. Upon payment of all sums secured by this Security Instrument, Lender shall requc c Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all nines evidencing debt secured t%} *Kt , Security <br />Instrument to Trustee. Trustee shall 'reconvey the Property without warranty and without c large to the per -ni.. or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at its option, may from time to time retrove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrumenr. i. recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all theiii le, power and duties confer-M 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 together with <br />this Security Instrumett,. the covenants and agreements of each such nder shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)] <br />❑ Adjustable Rate Rider ❑ Condominium Rider — 2-4 Family Rider <br />❑ Graduated Payment Rider C Planned Unit Development Rider <br />® Other(s) [specify] Acknowledgement of Power of Sale <br />61 ✓1GNING BELow. Borrower accepts and agrees to the terns and covenants contained to this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it <br />......,0!w ' �.ziiid A. E 1 on - eoao.e: <br />..0 .......... (Seal) <br />........................ ............................... <br />Louise E. Ellgton - eo,,ovw <br />I$patf nelaw TMs Lm For Acknewtrdr—ll <br />SPATE OF .... _�T- ................ . <br />co4D[y'1111' of Iiel i I. .................... SS: <br />:1 t4 .Jr1,, .,1 J) .�. mle1 1'i.I(, <br />T-he roregoing instrument w•at acknowieciced i � : me tnis....... :.... a. r. ,,1..v.....:....., ........................ <br />(date) <br />by .....uL.....!....� :t.G� � �.`....c : :r'..:.f� .1 . :...�_...ti :f..!.'. {. G '� ............................. <br />(person(s) acknowledging) ill y M <br />=44M IL <br />TAMR CAM <br />My t &=t ssion expi -= -- r Flt" nt �; 1 i 111. R� �► <br />Notary Public <br />This instrument was prepared by....... Glenda . Lueders ......................... ............................... <br />�.ras <br />[[[ ': tf' } +,N�•A -. ..per <br />Iv <br />
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