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<br /> � � Borra�ver shnll promptly �ivc[..cnder wriuen noticc of any investi�ation, claim, demand, luwsuit or otl�er action by nny r„�
<br /> rovcrnmciu�l or regulatory agcncy a,pr�v I f���Ywr•r�lc.tri tlorps�nmify"iul�l y uny���n n�nt Isor rcbulntoryrautho�ty� that �
<br /> 'of�vhich fiorrc►�vu•h.iti uctu�►I l:no�alu l,
<br /> • ci�y removul or othcr rcmcdiutiun uP any Ilnrardc�us Subst.utcc��ffcctin�tlic�'ruperty is ncccstiary, Noertiwci':,hall prrnn��tly t�iltc
<br /> '" all uccc:;sary rcmcdi.il actions in uccard�mcc�.viih E�vironmcntal Luw. �..If_- .
<br /> ' � As used in this par;►grr�ph ZU, "Ha'ta+rdous SuUst:�nces" i�re those substunce�: definul as toxic or liac��rdous substanees hy t�•�r•;.
<br /> Gnvimnmcntal L:►w and dic folluwing sub�:tnnces: �asolinc, kcroscnc, othcr fl:unn�ablc nr toxic {�ctrr�lcum products, toxic __
<br /> ,�° pesticides and he�Uicides,�ni°�ental�il.�w y mrans��fcderill�ItlWti�tUItI IJ\VS (1�I}t J`qCISCI�CIIOItr VNC C!IIIC'PfOpeny�is ln�tc hat ��:-
<br /> � this parngraph 20, "Envir
<br /> ' rclate tc�hcalth,sz�fcty or enviro�►mcntnl protectiot�. __�,.
<br /> NON-UNINl�RM COVGNANTS. 13urraucr and Lcndcr iitrther covcnant nnd agrce as follows: .
<br /> � 21.Acccleratlon;lten�cd[es. Lcnder shall give notice to Borrower prtor to►�cceleratton i'ollowing Hu��i�owe:'n�r�sci� _
<br /> � of any coveiYS�ut nr ngreement In thEs Security Instrumeut (but not prtar t`b) the nct on eyulred to eure t e d tuulh
<br /> . , , nppltcablc lu�v pravtdes other�vlsc).The nodce�i�all specify: (a) the defnult; !
<br /> (c)a dntc, not l�ss thau 30 dayR f'rom thc date the nottcc is 6iven to i3arrower,
<br /> by which tlie defuult rr.ust Ife curetf;and
<br /> � (d)that fuilure to cure tlie default an or befare the dnte�l��The nodce shull further in�form �orr`o�ctr of the rig,�ht�to --
<br /> secured by this �ecurity Instru►nent �nd sale of the Praperty•
<br /> refnstzte Ai'ter acceleration und t[ee right to bring n cnurt nctfon to ussert tlte non-existence af n defau{t ar any ot�er
<br /> "' defenss of Borrotiver to neceleration and snle. I[the defuult fs not cured on or before ti�e dute speci�ed i�� 4he roZice, _
<br /> . Lender, at its optton,may require immediate payment in full oP ull �sums secured 6y this Secu�(ty Instrument w(thaut
<br /> , fuMher de�nand A d e°Yrise.VS lnc�rred In pursuing he renledics provid dt n thi parag�anh 21,includii�,but not lim[t d
<br /> - entitled to collect a pe =
<br /> ' to,resuonable attorneys' fces and costs of Atle evldence. —
<br /> • IP tbe powPr of sale Is invoked, Trustee shail record A not[ce of default in eucl�county in wl�ich any part of tl►�
<br /> � prnperty is luc�ted und shall �nail copies ot such nottce in tl�e mAnner prescrib��be InwP'Tru tee shall6 ve p blicAnotice
<br /> �• the other p.rsons prescci6ed by applicable luav.A�¢er the timc required by npp _
<br /> ' oP snle to the pe�sons And in t he mnnner pr e s c r i b e d 6 y a p plicuble law.Trustee, witliout demand on Bar�•owcr, shali scii
<br /> the Pruperty at pubitc auction to tlze highest bidder aE the timc and p1uc�and under the terms designaYed in t hc no t ace o f
<br /> c
<br /> � sale iu onc or�nore parceis und in any order Trustee determines.Trustce may postpone sale af'all or uny parcel of ihe
<br /> , ." ,I Property by public announcement at the time and pluce of any previously scheduled s:�le. I.cu�ler or its desfgnee rssuy
<br /> p u r c h ase the Pro p ert y at any sale.
<br /> � � Upon receipt of payment of the price b i d, Trus tee s ha l l d e U v e r t o t t i e p u r c h n s e r Trustee's dced cunveying ttte _
<br /> I Property. Tlie recltals in the Trustee's deed shull be priina facte evidence ai the truth of the statemepts made therein.
<br /> . � Trustee shall apply the proceeds of the sale in the following order:(u)to all costs und expenses o£exercising the power of _
<br /> � sule, and the sale,including the puyment aP the Trustee's fees actually incurred, mot to exceedthey of 50.UO of '�°�O
<br /> '' ' of the principul amount oP the note at the time of the declaration of default,und reasonuble uttorneys' fees c+s►�crm3tted
<br /> _—_____ Bv Iaw:(b1 to all sums secured Gy this Security Instrument;and(c)any excess ta�the person or persons legully entitled to �r
<br /> -- — --,I it. ._..�_
<br /> �� + 22. Reconveynnce. Upon payment oF all sums secureci. by this Security Instrument, Lender shall request Trustee to
<br /> ' ' raonvey the Property and shall surrender this Security Instrument and all notes evidencing debt securecl by this Security
<br /> Instrument to Trustee.Trustee shall reconvey the Property without wamanty and�vithout charge to the person or persons legnlly
<br /> entitled to it. Such person or persons shall pay any recordation costs.
<br /> 23. Substitute Trustee. Lendcr. at its option, ma�� from[ime to time remove Trustce and nppoint a successor trustce to
<br /> any Trustee nppointed hereunder by an instNment recorded in the caunty in which this Security Instrument is recorded.Without
<br /> conveyance of the Praperty, the successor trustee shall succeed to ull the title. power und duties conferred upon Trustee h�rein
<br /> and by applicablc law. �—
<br /> 24. Request for Notices.Barzrnvcr rcqucsts that copies of thc notires of default and sale be sent tn Barrower's address
<br /> which is the Property Address. „
<br /> i 2S. Riders to thls Security Instru�nent. If one ur more riders are executed by Borrower and recorded togethrr with this ���
<br /> Security Instrument,the covenunts and a�ramcnts of eaeh such rider�hall t►e incm•porated into nnd shall amend and supplement •��
<br /> the covenants and a};reements of this Security Instrument as if the ridcr(s)werc�a par[of this Securiry Instrumcnt. ._u�
<br /> • ' �Check applicublc box(cs)� ��z
<br /> ;• �:•.
<br /> ❑Adjustable Rate Rider �Condominium Rider ❑ 1-4 Family Rider � �"�
<br /> []Biweekl Pa mm�t�ider � "
<br /> ° ' �Ciraduated Payment Ctider ❑Planned Unit Developmcnt RiJer Y Y ��,•
<br /> []Balloon Rider ❑Rute Improvemcht Rider �5econd Home Ridcr
<br /> ❑V.A. Ridcr �Ix Other(s)(Spccify�
<br /> NOTICE OF D�FAULT
<br /> BY SIGNWG BELOW.Borrower accepts nnd agrees a�the terms and covcnunts contained in this Security Instrument and
<br /> � • in any rider(s)exccuted by Borrower imd recordcd with it. �
<br /> . ' Witncsses: �� �g�;;��
<br /> QAMLS B O�RTL •eurcm�'cr
<br /> �
<br /> � /'� � � (Seal) �
<br /> . , SH�'RLZRY -Horrowcr �
<br /> . i
<br /> 1 (Scal) _ .(Seall I,
<br /> �H�,rro�acr
<br /> � — �
<br /> , _ ---__ -num,w�cr � �
<br /> � i
<br /> � , s1 nr�or r�r��ASKn, x�L c��ncy,.,: . 'i
<br /> �� � � 'fhc fnrcgoing inatrumcnt�vas acknu�vlcdgcci beforc mr this 218� �aY�'� NOVEMBER, 1994 ;
<br /> � by ,�[�iES B 0'RILBY AND SHBILA O'RILEY, HUSBAND AND LJIF� C ii ti�lid.ifi .11m datc atittc�aiJ.
<br /> ' .�. :; Wimc.rs my h.md and notarial scal �i GItAND ISL
<br /> My Cunnnission Expires: 04/06/98 -
<br /> Nnt:iry Nublir ,.
<br /> ��
<br /> , ��,�N�t/IIM�ncb .
<br /> e � � ��r"�T�N Form 3028 9�90
<br /> ����6.19is..1 r�nq n�i a
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