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88101647
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1988
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88101647
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Last modified
3/9/2007 5:41:11 PM
Creation date
3/9/2007 4:32:34 AM
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DEEDS
Inst Number
88101647
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<br />88- 10164'( <br /> <br />14. Upon acceleralion under paragraph IJ or abandolllllent of <br />the Property, Lender (in person, by agenl or by judicially ap- <br />pointed receiver)"shall be etltitled to enler upon, take possession of <br />and manage the Property and to collect the rents of the Properly <br />including those past dUe. Any tents collected by lender or the <br />receiver shall be applied fiflitto payment of the costs of manage- <br />ment of the ProPerty aildcollection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and <br />reaSonable attorneys' fees, and then 10 the sums secured by Ihis <br />instrument. <br /> <br />15. Upon payment of all sums secured by this instrument, <br />lender shall request Trustee to reconveYlhe Property and shall <br />surrender this instrument and all notes evidencing debt secured by <br />this instrument to Trustee. Trustee shall reconvey the Property <br />without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recorda- <br />tion costs. <br /> <br />16. Lender, at its option, may from time to time remove . <br />Trustee: and appoint a successor trustee to any Trustee appointed <br /> <br />hereunder by an instrulllent recorded in the COUllty ill whieh this <br />inslrumenl is recorded. WilhOlIl COI1\'eYllllce of the Properly, lite <br />successor trustee shall succeed 10 nil the title, power and duties <br />conferred upon Trustee herein -and by applicable law. <br /> <br />17. Borrower requests Ihat copies of the notices of defanlt and <br />sale be sent to Borrower's address which is the Property Address. <br /> <br />18. 1 f one or more riders arc executed by Borrower and record- <br />ed logcther with this instrument, the covenants and 'agreements of <br />ench such rider shall be incorporated into and shallamelldund <br />supplemem the covenanls and agreemenls of this instrument as if <br />the rider(s) were a pari of this instrument. <br /> <br /> <br />19. The covenants herein containel,l shall bind, and the benefits <br />and advantages shall iriure to, the respective heirs; executors, ad- <br />ministfittors, successors, and assigns of Ihe parties hereto. <br />Whenever used, the singular number shall include the plural, the <br />plural the singular, and the use of any gender shall include all <br />genders. <br /> <br />By signing below, Borrower accepts and agrees to the terms co\'enanls contained in this Security Instrument and in any rider(s) ex- <br />ecuted hy Borrower and recorded with it. <br /> <br /> <br />IScal1 <br />30r rower <br /> <br />lSe1l1l <br />Borrower <br /> <br />1 <br />~-.,I' <br /> <br />Page 4 of 5 <br /> <br />-t U .S~~_~3DT <br /> <br /> <br />L <br /> <br />.-I <br /> <br />L <br />
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