Laserfiche WebLink
<br />88-103473 <br /> <br />14. Upon acceleration under paragraph 13 or abandonment of <br />the P~operty, ~nder (in. person, by agenl or by judicially ap- <br />pointed receiver) shall be. entitled to enter uptln, take possession of <br />and manage.the Property and to collect the rents of the Property <br />including those past due. Any rents collected by Lender or the <br />r~eiver shall be applied firs.t to payment of the costs of manage- <br />nielJt of the Property and collection of rents, including, but not <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. llpon payment of all SUIOS secured by thi~ instrument, <br />Lender shall request Trustee to reconvey the Property and ~haii <br />surrender this instrument and all notes evidencing debt secured by <br />this instrument to Truslee. Trustee shall reconvey the Property <br />without warranty and wilhout charge to the person or personfi <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 10 lime remove <br />Trustee and appoint a successor tru~tee to any Trustee appointed <br /> <br />hereunder by an instrument recorded in the county in which this <br />instrument is recorded.. Without 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 requests that copies of the notices of default and <br />sale be sent to Borrower's address which is the Property Address. <br /> <br /> <br />18. If. one. or more riders are 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 the covenants and agreements of this instrument as if <br />the rider(s) were a pan of this lumum-enl. <br /> <br />19. The covenants herein contained shall.bind, and the benefits <br />and advantages shall inure 10, 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 /> <br />in any rider(s) ex- <br /> <br /> <br />(Seal) <br />Borrower <br /> <br />(Seal) <br />Borrower <br /> <br />Page 4 ot 5 <br /> <br />......,... <br /> <br />HUD-I2143DT <br />