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88102701
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1988
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88102701
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Last modified
3/9/2007 5:41:20 PM
Creation date
3/9/2007 4:35:13 AM
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DEEDS
Inst Number
88102701
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<br />ir <br /> <br />L <br /> <br />1.:1. Upon acceleration under paragraph I J .)r abandonment of <br />the Property, Lender (in person, by agent or by judicially ap- <br />pointed receiver) shall be entitled to enter upon, take possession of <br />and manage Ihe Property and to collel.1 the rents of the Property <br />including those past due. Any r~lIts collected by Lender or the <br />receiver shall be applied first t.::l payment of the costs of manage- <br />ment of the Property and collection or rents, induding, but not <br />limited to, receiver's fees, premiums on receiver's bonds and <br />rea~onable attorneys' fees, and then to the sums secured by this <br />instrument. <br /> <br />15. Upon paymenl of all sums sccured by th,~ instrulllclll, <br />Lender shall request Trustee to reconvey the Properly and shall <br />surrender this instrument and all notes evidencing debt secured by <br />this instrument to Trustee, Trustee shall reconvey lhe Property <br />without warranty and withoUl 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 rrom time 10 time remove <br />Trustee and appoint a successor trustee to any Trustee appointed <br /> <br />88- 102701 <br /> <br />hereunder by an instrument n:corded in the county in which this <br />instrumelll is re.:orded, WilhoUl conveyance of lhe Property, Ihe <br />successor trustee shall succeed to all the [ille. power and dUlies <br />conferred upon Trustee herein and by applicable law. <br /> <br />17. Borrower requesls thai copies of the notices or derault and <br />sale be sent 10 Borrower's address which is the Property Address. <br /> <br />18. If one or more riders arc executed by Borrower and record- <br />ed together with this instrument, the covenants and agreements of <br />each such rider shall be incorporated ,into and shall amend and <br />supplement lhe covenants and agreements or this instrumelll as ir <br />the rider(s) were a part of this instrument. <br /> <br />19, The covenalllS herein contained shall bind, and the benefits <br />and advantages shall inure to, the respective heirs, executors, ad- <br />ministrators, successors, and assigns or the parties hereto. <br />Whenever used, the singular number shall include the plural, the <br />plurallhe singular. and the use or ailY gender shall include all <br />genders. <br /> <br />By signing below, Borrowe~ accepts and agrees (0 the (erms covenants contained in Ihis Security Instrument and in any rider(s) ex- <br />ecuted by Borrower and recorded with it. / . D <br /> <br />,J'L2~./~.//J ..rd~c/L (Seal) <br />IJAMES W. GARRETSON Borrower <br /> <br />(Seal) <br />Borrower <br /> <br />Page 4 of 5 <br /> <br />Ht,/00t2143DT <br /> <br />-.-' <br /> <br />L <br /> <br />--1 <br />
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