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88102828
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1988
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88102828
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Last modified
3/9/2007 5:41:21 PM
Creation date
3/9/2007 4:35:33 AM
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DEEDS
Inst Number
88102828
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<br />88- 102828 <br /> <br />14. Upon acceleration under paragraph 13 or abandonment of <br />lh~ Property, Lender (in perSOll, by agent Or by judicially ap- <br />pc.inte-d receiver) shall be entitled to enter upon, laK.C possession of <br />,lJ\d m'lT'~ge the Propmy and to collect the rents of the Propeny <br />including those past due, A,"\;' rents collected by Lender or the <br />receiver shall be applied firstfO. payment of the COSIS of manage- <br />ment of tlte Propeny and collection of renl.s, including, but not <br />limited 10, receiver's fees, premiums on receiver',; bonds and <br />reasonable attorneys' fees, and then 10 the sums secured by this <br />instrum~nl. <br /> <br />IS. Upon payment of all sums secured by this instrumern, <br />Lender shall request Trustee to reconvey the Propeny 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 warranly ,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 Tr"stee appointed <br /> <br />hereunder by an ipstrument recorded in the COUll'} in which this <br />instrument is recorded. Wilhout conveyance of the Property, the <br />successor trustee shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by applicable law.. . <br /> <br />17. Borrower request~ that copies of the notices of default and <br />sale be sent to Borrower's addre~s which is the Property Address. <br /> <br />18. If one or more riders are executed by Borrower and record- <br />ed together with this inslrument, the covenant.sand agreements of <br />each such rider shall be incorporated, into and shall amend and <br />supplement the covenants and agreements of this instrument a~ if <br />the rider(s) were a part of this instrument. <br /> <br />19. TIt!: 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 shall include the plural. the <br />plural the singular, and the use of any gender shall include all <br />genders. <br /> <br /> <br />By signing below, Borrower accepts and agrees to the lerm~ covenants contained i <br />ecuted by Borrower and recorded with it. <br /> <br />(, <br /> <br />lSeaI) <br />Bt.lrrf.lliloC'r <br /> <br />Seal) <br />Borrower <br /> <br />,-"..r' <br /> <br />,~.,,-' <br /> <br />Page.4 01 5. <br /> <br />HUD-921430T <br />
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