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<br />88- 101579
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<br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration: Remedies. Lender shall Idve notice to Borrower prior to acceleration following Dorrowcrf~
<br />breach of any covenant or agrefJment In this Security Instrument (but not prior to acceleration under pOrRgraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />default: (c) a dote, not less than 30 doys from the date the notice Is given to Borrower, by which the default must be cured;
<br />and (d) that failure to cure the default on or before the date spcclfled In the notice may result In acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the rlllht to bring a court nction to assert the non-existence of a default or any other
<br />defense of Borrower to acceleration and sale, If the default Is not cured on or before the date specified In the notice, Lender
<br />at Its option may require immediate payment In full of all sums secured by this Secluity Instrument without further
<br />demand and may invoke the power of sule and any other remedles permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is Invoked, Trustee shaH record a notice of default in each county in which any part of the
<br />Property Is located and shall malll.'opies of such notice in the manner prescribed by aTlplicable law to Borrower and to the
<br />other person~ prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner preseribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public audion to the highest bidder at the time Bnd plaee and under the terms designated in the notice of sale in
<br />one or more parcels and In any order Trustee dctermines. Trustee may postpone sale of all or !lny parcel of the Property by
<br />public annoUhcement at the time and place of any previously scheduled sale, Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed convc)'ing the
<br />Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale In the following order: (a) to all expenses of the sale, including, but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sams secured by this Security
<br />Instrument; and (e) any excess to the person or persons ICRally entitled to it.
<br />J.O. Lender in Possession. Upon acceleration unller 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 colle~t 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 sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the ~r.operty and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall'reconvey the Property without warranty and without charge to the person 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 remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security 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 arc executed by Borrower andrecordcd together 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(s) were a part of this Security
<br />~nstrumellt. (Check applicable box(es)]
<br />[X}{Adjustab1e Rate Rider 0 Condominium Rider 0 2-4 Family Rider
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<br />o Graduated Payment Rider 0 Planned Unit Development Rider
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<br />:IQil Other(s) [specify] Acknowledgement
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<br />By StGNING 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",~'
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<br />HERBERl' H. mRrHINGION -Borrower
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<br />ENNIFEiiIL'~' WORrHIWl'ON 1'~~orrower
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<br />[5pxe Below Thi5 Li for Acknowledln1e"tl
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<br />COUNTY OF
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<br />STATB OF
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<br />The foregoing Instrument was. acknowledged before me this. . . . .~. . ~~. ~ . ~~~~ . . . . . . .. . . . , . . . .. . . . . . .. . .. .... ..
<br />HERBER!' H. mRI'HIooroN MIl JENNIFER L. \<<lRrHlOO'roN HUsda~ WU'E
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<br />My Commission exph
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<br />(perlOn(s) acknowledging)
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<br />! Notar}' Public
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<br />11111 Instrument Was ptepllrt:d by.......!.'. .TP,~!~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . , . . . . . . . . . .. . . . . . . . ...
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