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<br />RE.RECOROED 102798 <br />~ <br /> <br />88- 102601 <br /> <br />14. Upon accelerarion under paragraph 13 or abandonmcl1I of <br />[he Properly, Lender (in person, by agent or by judicially ap- <br />pointed receh'er) shall be enlilled to enler upon, lake possession of <br />and manage the Property and to collect the rents of the ProperlY <br />including those past due, An) rents collected by Lender or the <br />receiver shall be applied first 10 payment of the costs of manage- <br />ment of the Property and collection of rents, including, bur nC/! <br />limited to, receiver's fees, premiums on receiver's bonds and <br />reasonable attorneys' fees, and then to the sums secured by this <br />instrument. <br /> <br />IS. Upon payment of all sums secured by Ihis instrument, <br />Lender shall request Truslee to reconvey the Property and shall <br />surrender this instrument and all notes evidencing debt secured by <br />this instrumem to Trustee. Trustee shall reconvey the Property <br />without warranty and without charge to the person or persons <br />legally entitled to ii. Such person or persons shall pay any recorda- <br />tion costs. <br /> <br />16. Lender, .It its option, may from tim~ to time remove <br />Trustee and appoint a successor trustee to any Trustee appointed <br /> <br />hl'n:under by 3n instrument re~orded in Ihe coul1ly in which this <br />inMrument is recorded. Wilhou( conveyance of Ihe ProperlY, ~he <br />Sllccessor trustee shall succeed 10 alllhe title, power and duties <br />conferred upon Trustee herein and by applicable law. <br /> <br />17. Borr.ower requests Ihai copies of the notices of default and <br />sale be sent to Borrower's address which is the Property Address. <br /> <br />18. If one or more riders are executed by Borrower and record- <br />ed togelher Wiih [his instrument, [he covenants and agreements of <br />each Stich rider shall be incorporated into and shall amend and <br />supplement [he covenanls and agreements of this inslrument as if <br />Ihe rider(s) were a part of Ihis instrument. <br /> <br />19. The covenanls herein containeq shall bind, and the benefits <br />and advamages shall inure to, the respective heirs, executors, ad- <br />ministrators, successors, ami assigns of the parties hereto. <br />Whenever used, the singular number shall include tht plural, the <br />plural [he singular, and Ihe use of any gender shall include all <br />genders. <br /> <br />By signing below, Borrower accepts and agrees to the terms covenants contained in this SecurilY Instrumenl and in any rider(s)ex- <br /> <br />"0,<<1 by Borrow", and =.,.<<1 wI,h ;,. f::!!; Jf ~~ <br />~. .'~ea ". ~) <br /> <br />Elaine L. Steinbeck <br /> <br />ISealI <br />Borrower <br /> <br />(Seal] <br />Borrowrr <br /> <br />P~lIef~ of 5:. <br /> <br />HUD-92143DT <br />