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88104327
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1988
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88104327
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Last modified
3/9/2007 5:41:35 PM
Creation date
3/9/2007 4:39:15 AM
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DEEDS
Inst Number
88104327
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<br />14. Upon acceleralion under paragraph 13 or abandonm~nl of <br />lh~ Property, Lender (in person, by aSeIll or by judicially ap- <br />pointed receiver) shall be enlitled 10 enler upon, lake possession of <br />and manage Ihe Property and 10 c:ollecf lhe renls of Ihe Propeny <br />including those past due. Any rents c:ollecfed by Lender or the <br />I1'Ceivershall be applied' filSl 10 paymenl of Ihe costs of manage- <br />menl of Ihe Propeny and collecfion of rents, including, but not <br />limited to, receiver's rees, premiums on receiver's bonds and <br />reasonable aliomeys' fees, and then 10 Ihe sums secured by Ihis <br />instrument. <br /> <br />IS. Upon payment of all sums secured by this instrument, <br />Lender shall request Trustee 10 reconvey the Property al1d shall <br />surrender this instrumenl and all nOles evidencing debl secured by <br />lhis inslrument 10 Trustee. Trustee shall reconvey Ihe Property <br />without warranty and without charge to the person or persons <br />legally entitled 10 il. Such person or persons shall pay any recorda- <br />tion costs. <br /> <br />16. Lender, al its oplion, may from linte to time remoYe <br />Trustee and appoint a successor truslee to any Truslee appointed <br /> <br />88- 104327 <br /> <br />ilercunder by an instrumem recorded in lhe county in which this <br />inslrum~nt is recorded. Without conveyance of Ihe Propeny, Ihe <br />suc::essor lruslee shall succeed 10 all Ihe lille, power and dUlies <br />conferred upon Trustee herein and by applicable I.aw. <br /> <br />17, Borrower requests lhat copies of Ihe nOli~ ofdcfaull and <br />sale be sent 10 Borrower's address which is Ihe proPcfty Address. <br /> <br />18. If one or more riden; are execuled by BO~er and record- <br />ed logelher wilh Ihis inslrumenl, the covcillintsji~dl!greements of <br />each such rider shall be incorporaled inlo and shall amend' and <br />supplement the covenants and agreements of Ihis inslrument as if <br />the rider(s) were a pan of this instrumem. <br /> <br />19. The covenanlS herein contained' shall bind, and the benefits <br />and advantages shall inure 10, lhe respeclive heirs, exeCUIOlS, ad- <br />ministrators, successors, and assigns of Ihe paniesherero. <br />Whenever used, the singular number shall include Ihe plural, Ihe <br />plurallhe singular, and Ihe use of any gender shall include all <br />genders. <br /> <br /> <br /> <br />By signing below, Borrower accepts and agrees 10 the [erms covenanlS contai <br />ecutcd by Borrower and recorded with it. <br /> <br />in any rider(s) ex- <br /> <br />IScalI <br />Borrower <br /> <br />(Seal] <br />Borrower <br /> <br />Page 4 01 5 <br /> <br />HlJD.I2143DT <br />
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