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200600025
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Last modified
1/3/2006 4:00:19 PM
Creation date
1/3/2006 4:00:17 PM
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DEEDS
Inst Number
200600025
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<br />200600025 <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further coverumt and agree as follows: <br />22. Acceleration; Remedit'S. Lender shall wve DOtice. to Borrower prior to accclcratio" foll(JWiog <br />Borrowet"s breach of any covenant or agreement in this Security IDStrument (but not prior to <br />acceleration under Section 18 unlC8S Applicable Law provide:l othennse). The notice sbaH specify; (a) <br />the default; (b) tbe adion required to CUR the default; (c) a date, Dot If$'l than 30 days from the date <br />the I1Qtke is given to Borrower, by which the default mlL..1: be cured; and (d) that rallure to cure the <br />default 00 or bt:I'ore the date specified in the DOnee may result in aa:elet'ation of the S~ secured by <br />this Security Instrument $lid we of the Property. The notice shall further inform Borrower of tbe <br />right to reinstate afta' acceleration and the right to bring a court action to assert tbe non-a.isttnce of <br />a default or any other defense of Borrower to accderation and sale. If the def~ult i'i Dot cured on or <br />before the date spcdfiro in the notice, l.endtr at its option may require immediate payml'At in full of <br />all suans !leCured by this Security lP~1nlm~l without further demand and may invoke the power of <br />sale and any other remedies permitted by Appucable Law. Lender ~hall be entitled to coiled. all <br />expen..'lefl incurred. in pursuing the remedies provided in thi~ &-d;ion 22, includi~, but not Iimitcd to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale i$ invoked, Trustee shall record :fa notice of default in ~cl1 county in which <br />any part of the Property is located and shall mail copies of lAIcb notice in the manner prescribed by <br />AppUcable Law to Borrower and to the other persons prcsaibed by Applicable Law. After the HOle <br />rcqnin:d by Applicable Law, Trustee sball ~ive public notice of sale to the persoDS and in the manner <br />prfSCribcd by Applicable Law. Trustee, witbout demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated. in the <br />notice of sale in one or more parcels and in aDY order Trustee determines. 'frustee may postpone sale <br />of all or any parcel of the Property by public announcemeut at the time and place of any previously <br />scheduled sale. Lender or i19 designee may purcbase the Property at any sale. <br />Upon receipt of payment of the price bid, TI"\lto1:~ shall deliver' to the pu.rchaser Trnstcc's deed <br />copveying the Property. Tbe redtals in the Trustc:c's deed shall be prima facie evidence of the truth <br />of the statemenblanade therein. Trustee shall apply the proceeds of the sale in the foUo~ order: (a) <br />to aU costs and expen..V$ of extrcising the power of sale, and the sale. including the payment of the <br />Trwtee's fee!i actually incurred and rea,'lOnable attorneys' fees all pennitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to tbe perSOn or persons legally <br />entitled to it. <br />23. J{~nveyance. Upon payment of all sums secured by this SecUl'ity Instrument, Lender shall <br />request Trustee to recOtlvcy the Property and shall surrender tills Security Instrument and all JJot~ <br />evidencing debt secured by this Securiry InstrnmelJt to Trustee, Trustee shaU reconvey the Property <br />without. w.arranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation Co~1.~. Lender may charge such person or persons a fee for reconveying the Property, but only <br />if the fee is paid to a third patty (such as the Trustee) for sr:rvi.ccs rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. S1Ibstitute Truortee. Lender, at its option. ffillY from time to time remove Trustce and appoint a <br />s~'Wr trustee to any Trustee /lPpointcd hereunder by t\l) instrument recorded in the COl,lnty in which this <br />Security m!)\.Tl,I.n'Jc.nt is recorded. Without conveyance of the Property, tbe succegsor trustee shall succec:d to <br />all the title. power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default lIl'1d sale be sent to <br />Borrower's address which is the Property Address. <br /> <br />R- ~J1 <br />'J\lT.1<>1~,1~)J <br /> <br />0512096854 <br /> <br />FOI'M 3028 1101 <br /> <br />.-&ACNE) 104071 <br />~ <br /> <br />r.v~ n 01'5 <br /> <br />nO'd <br /> <br />1081882:918 <br /> <br />~'lIl lSHId ^lIHfiJ~S <br /> <br />L8:81 900Z-91-J~a <br /> <br />I <br />
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