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<br />88-
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<br />103838
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<br />NON. UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender sball Rin notice to Borrower prior to acceleration followinll Borrower's
<br />breacb of any covenant or agreement In tbis Security IDBtrument (but not prior to acceleration under paralP'8pbs 13 and 17
<br />unIes1 applicable la" provides otherwise). The notlce sbaII specify: ta) tbe default; (b) tbe action required to cure the
<br />default; (c) a date, not lea than 30 days front tbe date tbe notice is Riven to Borrower, by "hich tbe default must be cured;
<br />and td) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />seeufed by this Security Instrument and sale of tbe Property. The notice shall furtber inform Borro"er of the ript to
<br />relllltlte after acceleration and tbe ript to brinS a court action to assert the non-exlstence of a default or any other
<br />defeue of Borrower to acceleration and sale. If tbe default is not cured on or before tbe date specified In the notice, Lender
<br />at iu option may require Immediate payment In full of all SUIIUI HaIred by this Security Instroment witbollt further
<br />deIIIuuI and may InYOke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />coUect all expenses incurred in punulns tbe remedies provided in tbis parasraph 19, Inciuding; but not limited to,
<br />reIIOUbIe attorneys' fees and costI oftitie evidence.
<br />If the power or we Is invoked, Trustee sball record a notice of default In eacb county In "bleb any part of the
<br />Property is located and sball mall copies of such notice In tbe manner prescribed by applicable law to Borrower and to the
<br />other perIODS pracrtbed by applicable law. After tbe time required by applicable I.w, Trustee sball Rin public notice of
<br />IaIe to tile perIOns and in the manner prescribed by applicable la". Trustee, wltbout demand on Borrower, shall sell the
<br />Property at public auction to tbe bipest bidder at the time and place and under tbe terms dnlllDated In tbe notice of sale In
<br />one or more parcels and in any order Tl'Ultee determines. Tl'\lStee may postpone sale of all or l!!!~ :ovcel of tbe Property by
<br />public lIUlOuneement at the time and place of any previously scheduled sale, Lender or its deslpee may purchase the
<br />Property at ..y sale.
<br />Upon receipt of payment of tbe price bid, Trustee shall deliver to the purcbaser Trustee's deed conveying the
<br />Property. The recitals In tbe Trustee's deed shall be prima facie evidence of tbe trutb of the statements made therein.
<br />Tl'Ultee shall apply the proceech of tbe sale In tbe follo"lns order: (a) to all expenses of tbe sale, includlnR, but not limited
<br />to, Trustee's f.eel IS permitted by applicable la" and reasonable attorneys' fees; (b) to all sums secured by tbis Security
<br />Instrument; lad (e) any excess to the penon or penons lellllly entitled to it.
<br />10. Lucier In Poaeuion. Upon acceleration under paragraph 19 or abandonment of the Propeny, Lender (in
<br />person, by agent or by judicially appoinled receiver) shall be entitled to enter upon, lake possession of and manage the
<br />Propeny and to collect the renlS of the Propeny including those pllSt due, Any rents collecled by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property and colleclion of rents, includinll, but not
<br />limited to. receiver's fea, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by
<br />this Security Instrument.
<br />n. Recon,eyuce, Upon payment of all sums secured by Ihis Security Inslrument, I.endcr shall request Trustee to
<br />reconvey the Propeny and shall surrender this Security Instrument and all notes evidencing debl secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey Ihe Property without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs,
<br />.n. Sa_it.1e Trustee. Lender. lit its oplion. may from lime to lime remove Trustee and appoint a successor trustee
<br />10 any Truslee appoinled hereunder by an il1ltrumenl recorded In the counly in which this Security Instrument is recorded,
<br />Without conveyance of the Propeny, the successor trustee shall succeed to .11 the title. power and dUlies conferred upon
<br />Trustee herein and by applicable law,
<br />D. Reqaeat ror Notices, Borrower requests Ihat copin of the notices of default Ilnd sale be sent to Borrower's
<br />IddI'CM which is the Propeny Addreu,
<br />U. RkIen to this Security IDltrament. If one or more riders are eucuted by Borrower and recorded tOllether with
<br />thIS Security Illitrument. the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement the covenants and agra:ments of this Security Instrumenl as if the rider(s) were a part of this Security
<br />Instrument. ICha:k applicable boll(es)]
<br />o Adjust.ble IUle Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Paymenl Rider
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<br />o Planned Unll Development Rider
<br />
<br />o Other(s) (specify]
<br />
<br />By SIGNING BELOW. Borrower accepts and agrea 10 the terms and covenants, con tamed In this Security
<br />Instrument and in any rider(s) uecuted by Borrower and recorded wilh it
<br />
<br />1f)AP.' R
<br />,,~\.(.U-\..l'}i"'"'''' ",,'
<br />Robin R, C ark
<br />
<br />/~ ~ fi t1 I
<br />
<br />.............,...................~....
<br />Bill R. Clark
<br />
<br />,..~WJJe..""",,.(SeaI)
<br />-80_
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<br />""",,,.(Seal)
<br />~
<br />
<br />StAn Of NI:IIIlAS"^.
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<br />Clllll1ly ,,:
<br />
<br />On this 15th day of July ,1"88, hdOre me, Ihe lI11drr.illll,'d. a NOInr~' Puhlk
<br />duly commissioncd and qUltlificd for ~aid l'Ounty. J'ler\'lIlall)' nUI1l' Bill R, Cl ark and Rob in R. Cl ark,
<br />each in his and her own right Gnd as spouse of each other . 1llltH' kno"lllll h...t!1\'
<br />idenllcal pcrson(s) whmc fHII1IC") arc \ub'l.'rlhcd Itl Ih... j"r. '11111 i'I\lI'lIlll\'ltl IInd old It,,,. kd!!\'d rhe ,'\c,'ulIOI1
<br />thereof to be \olunuuy act IIml dl'\'\! /
<br />Wilneu my hand alld lIolarial ,calal , )11 \;1I\! ,'011111\. Ih"
<br />dale aforesaid,
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