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<br />NON.UNIFORM COVENANTS Borrower and lender further cO\'enanl and agree a, follows88- 103096
<br />19. Acceleration; Remedies. Lender 51u111 give notice to Borrower prior to acceleration following Burrower's
<br />breae.b of IUIY covelWlt or agreement in this Security Instrument (but no! prior to acceleration under paragrapbs 13 and 17
<br />unless applicable law proYldes o~erwise), The notice shaIl specify: (a) tbe default; (h) the action required to cure the
<br />default; (c) a date. Dlltless tlwl30 days from tbe date tbe notice is ginn to Borrower, by which the default must be cured;
<br />and (d) Ihal failure to cure the default on or before Ihe date specified in the notice may result in acceleration of Ihe sums
<br />secured by tbis Security Instrument ad sale of tbe Property. The notice sball further inform Borrower of the right to
<br />reinstate after acceleration IUId the right to bring a court action to assert the non-existence of a default or any other
<br />defense of Borrower to acceleration IUId sale. Utbe default is not cured on or before tbe date specified in tbe notice, Lender
<br />at its option may require immediate payment in fuIl of all sums secured by this Secllrity Instrument without further
<br />demand and may invoke the power of sale and any otber remedies permiilted by applicable law. Lender shall be entitled to
<br />coIlect all expenses incurred in pursuing tbe remedies provided in tbis paragraph 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />If tbe power of sale is invoked. Trustee shall record a notice of default in each county in wbich any part of the
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />otber persons prescribed by applicable law, After the time required by applicable law, Trustee shall give public notice of
<br />sale to the penons and in the manner prescribed by applicable law, Trustee. without demand on Borrower, shaIl seIl the
<br />Property at public auction to the bighest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may potItpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any I're"iously scheduled sole, Lender or its desiRDee may purchase the
<br />Property atlUl}' sale.
<br />Upon receipt of payment of tbe price bid, Trustee sbaIl deliver to the purchaser Trustee's deed conve}'ing the
<br />Property. The recitals in the Trustee's deed sball be prima facie evidence of the truth of the statements made therein.
<br />Trustee shaIl apply the proceeds of the sale in the foUowing order: (a) to all expenses of the sale, including, but not limited
<br />to, Trustee's f(,(,5 as permitted by applicable law and reasonable attorneys' fees: (bi to all sums secured by this Security
<br />fnstrumcnt: and IC) lIDY Cllcess ~o the person or persons legally entitled to it.
<br />lO. Lender in P0S5e5Sion, Upon accderallon under paragraph III ,'r aballd0nment of the Propcrty, Lender (m
<br />per,on, by agent or by JudlcllIlly appolnl~ recel"er) shall he enlllled '" enler upon, lake possessIOn of and manage the
<br />Property and to coll""l the renlS of the Property mcludlng lho,e pa't due An~ rents colh:eted oy Lender or the recel\'er
<br />shall he appll~ firsl 10 payment of the costs of management of lhe Property and colleellon of rents, including. but nol
<br />limned 10, receIvers fee!\, premIUms on re<:elwr's bond, and rca,onahle all"rne~< fees, and then 10 the sums secured by
<br />lhls S~-.:unly Instrument
<br />21. Reronve}'lIDce. Upon payment of all sums 'oCcur~ hy I IllS Secunly Illstrumenl, 1.ender shall request Trustee to
<br />reconvey Ihe ProperlY and shall surrender thiS Secunty In'trumenl and "II noll's eVIdenCing debt secured by Ih.. Secunty
<br />Inslrumentlo Trustee Trustee ,hall recomey Ihe Pwperty '" Ithout '" arranl\ and wlthoul ,'h."ge to Ihe pe....on or person'
<br />legally enlllled 10 n Such pcrson or persons shall pay any recorda lion cns"
<br />22, Substitute Trustee. Lender, allls opllon, may from lime In IImr rem "V, Trustee and appomt a SUCCl"Ssor trustee
<br />10 any' Trustee appolUr~ hM'eunder by an IUslrument recorded IU Ihe c"unlY IU whICh thiS Secunty Inslrument IS recorded
<br />Without conveyance of the Property, the SUCCl:S!>Or lruslee ,hall succeed tll all the ,tille, power and duries conferred upon
<br />Trus!-e her<:1n and by applicable law
<br />23. Request for :"oiotices. Borrower requests Ihal COpll'S of lhe notice' IIf default and ....Ie be sent to Borrower',
<br />address whIch IS rhe Property Addr"",s
<br />24. Riden to tIlis Security InstrumenL If one or more nders are ",ecuted by Borrower and recorded togelher \\llh
<br />th.s Secunly Instrumenl, Ihe covenanlS and agreemenr, of e.."h such nder shall he mC"1f'<"aled 1U((l and shall amend and
<br />supplemenr lhe c,wenants and agreemenb of IhlS Secunty Imlrumenl as If the nderiq were a part of lhls Secunty
<br />Instrumenr {Check applicable box(esl]
<br />= Adjustable Rale RIder Condom'OIum R,der 2-4 FamIly Rider
<br />
<br />= Gradualed PaymeOl Rider Planned l'nll De\e1opmenl Ride!
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<br />l.Q! Othens) Ispectfyl
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<br />ACKNOWLEDGEMENT OF POWER OF SALE DTD 6/08/88
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<br />By SIGNING BELOW, Borrower accepb and agr~ to lhe lerm' and cmenants COn1allled
<br />Instrumen. and 10 any nder(s I e"eculerl by Borrower and recorW--E" ~
<br />
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<br />RO~T E O~S~ALD
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<br />III th" Secunly
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<br />(Seal)
<br />-Bor..ower
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<br />_Borrow@f
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<br />rs__ __ Thos Uno fOO' A""nowlecllmen']
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<br />COUNIY OF
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<br />, '" ,~J!JlMS~..... , '.., , , ,., }
<br />.. ,aN,.~............ ,.,...... ss:
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<br />Sf ATE OF
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<br />The foregoing instrument was acknowledj!ed ht-fore me this. .6TH, DAY. OF, .nrn..E. 1988. . .
<br />
<br />flruSBAND AND WIFE (date)
<br />by . ~~Il.~ ,~,. ,OS,~t;J.Q, Po ~l'M.. J o. .QSW4J..D.. AS, ..lOrN!. .IENA1:<l".S. rumJ,l.,Lc;l;Il0f, ,SllRVJ.1l0RS1WLI>. NOT
<br />TENANTS IN COMMON (jlerIOn{sJ aclrnoVo'ledging)
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<br />!\ty Commn.sI.DO C'.xpll~
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<br />FEBRUARY J", 1990
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<br />Thil Iru.au~: .'31. rr~t'd try
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<br />~l)IlI\~SJ, . !\A."it:. ':)f:A!j.;\$.r;'.I,.~ :;A T F~sM,. A.s,~n( JAT 111\.
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