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88102755
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1988
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88102755
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Last modified
3/9/2007 5:41:21 PM
Creation date
3/9/2007 4:35:21 AM
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DEEDS
Inst Number
88102755
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<br />88-- <br /> <br />102755 <br /> <br />14. Upon acceleralion under paragraph 13 or abandonmem of <br />Ihe Property, Lender {in person, by agem or by judicially ap- <br />pointed receiver} shall be enti'!ed to enter upon, lake possession of <br />and manage Ihe Property and 10 collect the rems of the Property <br />including those pasl due. Any rems collected by Lender or the <br />receiver shall be applied first to paymenl of Ihe costs of manage- <br />ment of the Property and colleclion of rems, including, but nol <br />limited to, receiver's fees, premiums on receiver's bonds and <br />reasonable allorneys' fees, and Ihen to the sums secured by this <br />instrument. <br /> <br />IS. Upon paymeOl of all sums secured by Ihis inslrument, <br />Lender shall requesl Trustee to reconvey the Property and shall <br />surrender this instrumenl and all notes evidencing debt secured by <br />Ihis instrument to Trustee. Trustee shall reconvey the ProperlY <br />withoul warranty and wilhout charge [0 the person or ptrsons <br />iegally eOlitled to il. Such person or persons shall pay any recorda- <br />tion costs. <br /> <br />i6. 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 in!;(rul11elll I'c.:orded in (he "'limy in whkh lhis <br />inslrumem is reeorded. Without eunveyanee llf the Property, [he <br />successor trustee shall sllcceed tlJ all (he tille. power alld duties <br />conferred upon Trustee herein and by applicable law. <br /> <br />17. Borrower requests Ihat copies of the nOlices of default and <br />sale be senl [0 Borrower's address which is Ihe Property Address. <br /> <br />18. If one or more riders are executed by Borrower and record, <br />ed togelher with this instrumenl, Ihe covenanlS and agreements of <br />each such rider shall be incorporaled iUlo and shall amend and <br />supplement Ihe covenanls and agreements of this inSlrument as if <br />the rider{s) were a part of this instrument. <br /> <br />19. The covenants herein cOlJlained shall bind. and the benefils <br />and advantages shall inure 10, the respective heirs, executors, ad- <br />ministrators. successors. and assigns of the parties herelo. <br />Whenever used, the singular number shall indud.: the piural, the <br />plurallhe singular, and the use of any gender shall indude all <br />genders. <br /> <br />By signing below, Borrower accepls and agrees 10 the lerms co\'enan,r!\ contained in Ihis Security Instrument and in any rider{s) ex- <br />ecuted by Borrower and recoI d~d with il. l \~ ~ <br /> <br />~ - )). ,~~ (Sellll <br />Borro!'\: er <br />'!,j.mothy . Ganno~ <br />.:J ~C}..n17 J/ ~ru5-"'- (Seal) <br />Suz nn M. Gannon Borrower <br /> <br />Page 4 of 5 <br />'1 ' <br /> <br />HUo-921.3DT <br />
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