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88102604
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Last modified
3/9/2007 5:41:19 PM
Creation date
3/9/2007 4:34:59 AM
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DEEDS
Inst Number
88102604
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<br />~0.2604-- <br /> <br />r <br /> <br />14. Upon aCl'eleration under paragraph J 3 or abandonmel11 of <br />[he Propei"lY, lender (in person, by agcm or by judicially ap- <br />pointed receiver) shall be en.itled 10 enter upon, take possession of <br />and manage Ihe Properly and to collect the renls of the ProperlY <br />including those paM due. Any rents collected by L.ender or the <br />receiver shall be applied first to payment of the costs of manage- <br />ment of the Property and collection of rents, including, but not <br />limited 10, receiver's fees, premiums on receiver's bonds and <br />reasonable attorneys' fees, and Ihen to Ihe sums secured by this <br />inslrument. <br /> <br />IS, Upon payment of all sums secured by Ihis instrument. <br />L.ender shall requesl Trustee to reconvey the ProperlY and shall <br />surrender Ihis instrument and all nOles evidencing debt secured by <br />this instrument to Trustee, Trustee shall reconvey the Properly <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 \(l time remove <br />Trustee and appoint a successor trustee to any Trustee appointed <br /> <br />hereunder by an illstrumel11 recorded ill the COllllty in which this <br />instrument is recmded. Without conveyance of the Prope-rly, the <br />sllccessor trustee shall sucCt:ed to all lhe litle, power illld dUlies <br />conferred upon Truslee herein and by applicable law. <br /> <br />17, Borrower requesls thai copies of lhe nOlkes of default and <br />sale be sent to Borrower's address which is lhe Properly Address, <br /> <br />18. If one or more riders arc executed by Borrower and record- <br />ed togetheniYith this instrument. the covenants and agreements of <br />each such rider shall be incorporated il1lo and shall amend and <br />supplement the covenants and agreements of this instrument as if <br />the rider(s) were a pari of this instrument, <br /> <br />19, The covenants herein contained'shall bind, and the benefits <br />and advantages shall inure to. the respective heirs, executors, ad- <br />ministrators. successors, and assigns of the parties hereto; <br />Whenever used. the singular number shallinc\ude 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 10 the terms covenants contained in this Security Instrument and in any rider(s) ex~ <br /> <br />'''''''' by Borrow" on. '''0'''''' wi,h i. f ~ tf' ~~ <br />~. · S;~ 'l&k) <br /> <br />Elaine L. Stein eck <br /> <br />(SnlJ <br />Borrower <br /> <br />(Seal) <br />Borrower <br /> <br />I....- <br /> <br />Page 4 of 5 <br /> <br />HUO-I2143DT <br /> <br />L <br /> <br /> <br />u <br /> <br />-1 <br />
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