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<br />88-103827
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<br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Aeeeleration; Remedies. Lender shall Rive notiee to Borrower prior to aceeleratlon following Borrower's
<br />breach of u)' COTenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable Jaw provides otherwise), The notice shall specify: (a) the default; (h) the action required to cure the
<br />default; (c) a date. not less than 30 days from the date the notice is Riven to Borrower, by which the default must be cured;
<br />ud (d) that failure to cure the default on or before the date specified In the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after aeceleration and the right to bring a court action to assert the non.existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender
<br />at its option m8)' require immediate payment in full of all SUlRll secured by tbis Security Instrument without further
<br />demand and nia)'inTOke the power of sale and uy other remedies permitted by appUcable law. Lender shall be entitled to
<br />coDect all expenses Incurred in pursuing the remedies provided in tbis paragraph 19, including, but not limited to,
<br />reasonable attomlilYS' fees and costs nf title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notice in the lIIlUlIIer prescribed by applicable law to Borrower and to the
<br />other perICIII prescribed by applicable law. After the time required by applicable law, Trustee shaD give public notice of
<br />sale to the persons and In the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public luction to the highest bidder It the time IIIId place IIIId under the terms designated in the notice of sale in
<br />one or more parcels ud in IIIIY order Trustee determines. Trustee m8Y postpone sale of aD or any parcel of the Property by
<br />public ann_t at the time and place of any previously scheduled sale. Lender or its desipee may purchase the
<br />Property at uy ute.
<br />Upon receipt of payment of the price bid, Tmstee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee'. deed shall be prim8 facie evidence of the truth of the statements made therein.
<br />Trustee IhaIlapply the proceeds of the sale in the foDowing order: (a) to aD elLpense5 of the sale, including, but not limited
<br />to, Trustee'. fees u permitted by applicable law and reasonable attomeys' fees; (h) to all sums secured by this Security
<br />IlIItruIIIent; aad (c) u)' ellcess to the penon or persons Ieplly entitled to it.
<br />20. Leader In Poaea1on. Upon acceleration under paragraph 19 or abandonmenI of the Propeny, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property and to collect the rents of the PropeR)' including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Propeny and collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable anomeys' fees. and then to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Propeny and s'Wl surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Propeny without warranty and without charge to the person or persons
<br />lep1Iy entitled to it. Such person or persons shall pay any recordation costs,
<br />U. Sllbedhlte TnIIIee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an il\$tnJment recorded in Ihe county in which this Security Instrument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon
<br />Trustee herein and by app1icable law,
<br />D. Request for Notices. Borrower reques15 that copies of the notices 3f default and sale be sent to Botrowcc's address
<br />which islhe Property Address, Borrower fumer requests thai copies of the nOlice of default and notice of sale be sent to each
<br />person who is a party hereto at the address of sudl person set fOM herein,
<br />24. Riden to tIdI SecurIty lutrwDent. If one or more riders arc executed by Borrowcc and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amt:lld and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security
<br />Instrument. (Check applicable box(es))
<br />
<br />o Adjustable Rate Rider
<br />o Graduated Payment Rider
<br />o Olher(lI) [specify]
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<br />o Condominium Rider
<br />o Planned Unit Developmenl Rider
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<br />o 2-4 Family Rider
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<br />By SIGNING BELOW. Borrower accepts and Ilgrees to the terms and covenants containedr Ihis Security
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<br />I..N_'...mm'.-')_....by_..."~..j);:i:.~.. ~,J2a2Jm"~
<br />David J~'t~~~ ~
<br />IGd-~'
<br />...,...,4....".r~,~....,....... ..,..,...(Seal)
<br />Kathy Stoddard -IlorrDWef
<br />STATB 0.. NUUSKA.....,.........,..,~I1~,~"..,.....,........",."",..,.......,........_...County lIIl:
<br />On this ......13t.h............. day of ........,J,\llY.......,..., 19,JHL before me, the undersigned, a Notary Public
<br />duly cotnIIliMionoo ~nd ql,!lltified for &aid county, pel'IlOnally came ,........,.....,...........,.......-...........,..'...-'.-.......
<br />-DJU/.1cl,J..,_SJ;DJ1tlaJ:d..,a.mLM!;ln'..~r:g~.9.~H:!!.,,,,h!!!fk.~.m!...~.I).~..~,i,f.!-'L q..,..,....,', to me knawn to be the
<br />idelltical penon(lI) whose name(s) are IUbscribed to the foregoing instrument Bnd acknowledged theelleCU'
<br />tion thereof to he ",..."....................,........the.1f..,..............,........,.., ,.... voluntary Bet md deed.
<br />Witneu my hand md DOWial aeal at ...............~X.IH1L~,~~~~,~,..,P .. ,.., in &aid county, the
<br />date .foreaald,
<br />CI~1 ftl~ _CTAlI.. SII'III_.....kl
<br />MARIL VN J, BECI<MA
<br />Mw ColIIIl Elp.
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<br />My Commi8aion ellpi
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<br />..~J.....e.&i-U;6f.r~L.'--.
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<br />We I,rc Dn Equal Employment Opportwtity I Affinnative AcGon Employer M/F.
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<br />--- I...... ..... T.... Une For AdnowIo<lIlfNn\J '--'---,'--- ---- ~------,
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