Laserfiche WebLink
<br />88-104588 <br />NON. UNIFORM COVENANTS, Borrower and Lender funher coYenant and agrcc a, follows: <br />19. ACetOleratinn; Remedies. Lender ahaJl Rife notice to Borrower prlnr to acceleration fnllowlng Borrower's <br />hreacl1 of any eo.enant or agreemeDt In this Securily Instrumenl (bul nol prior 10 acceleration under paragraphs 13 ond 17 <br />unless applicable law proYldes otherwise'. The notice ahallapeclfy: Ca) lhe defauil; (bl Ihe action required 10 oure the <br />defaull; (el. date, not less tbu 30 days from tbe date the notlcela gl.en to Borrower, by which the default must be cured; <br />and (dl tbat lallure to cure tbe delauil on or before tbe date specllled In Ihe notice may resuilln acceleration of the sums <br />secured by this Securlly Instrument and sale of Ihe Properly. The notice shall furtber inform Borrower of the right to <br />reinstate after accelel'3tlon and tbe right to bring a courl acUon 10 assert the non-existence of a defaull or any olher <br />defense olBorrower to acceleration and sale. If Ihe default is not cured on or before Ihe dale specified in Ihe nOlice, Lender <br />at its option may require immediate paymenl in lull of all sums secured by this Secyrily Instrument without further <br />demand aod may in,oke the power 01 sale and any other remedies permitted by applicable law. Lender shall be entilled 10 <br />collect all expenses incurred In pursuing lbe remedies provided In Ihls paragraph 19, Including, but nol limlled to, <br />reasonable altomeys' lees and costs of tille e,ldence. <br />If Ihe power of sale is invoked, Trustee shall record a notice of defaull In each county in which any parI of the <br />Property is located and shall mall copies nf such notice In Ihe manner prescribed by applicable law 10 Borrower and to Ihe <br />olher persons prescribed by applicable law. Arter the lime required by applicable law, Tru,tee shall give public notice nf <br />sale to Ihe persons and In the manner prescribed by applicable law. Truslee, wilhout demand on Borrower, shall sellth. <br />Property al public auction to the blghesl bidder at the Ume and place and under Ihe terms desll!l1ated In Ihe notice of sale in <br />one or more parcels ud in any order Truslce determines. Trustee may postpone sale of all or any pareel of Ihe Properly by <br />public announcement at the time and place of any previously scheduled sale. Lender or its desiRnec may purchase the <br />Property at yny sale. <br />Upon receipt of pa)'menl of lhe price bid, Trustee shall deli.er 10 the purcha,er Truslee', deed conve)'lng the <br />Properly. The recilaJs in the Truslec', deed shall be prima facie e.ldence of Ihe lrulh of the stalements made lhereln. <br />Tru,lee shall apply Ihe proceeds of Ihe sale in Ihe followiog order: (allo all cxpenscs of Ihe sale, Including, bul nOllimited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees: (b) to all sums secured by this Security <br />Instrument; and (el any e:u::ess to tbe person or persons leplly entitled to it. <br />20. Lender in Possession. Upnn acceleration under paragraph lQ or abandonmeTlI of Ihe Property, Lender (in <br />person, by agent or by JudiCially appomted receiver) shall be cntitled to entcr upon. take possl'ssion of and manage the <br />Property and to collect the rents of the Property including those pas I due. Any rents collected hy Lender or the receiver <br />shall be applied first to payment of the costs of management of the Pfl1~rty and col:eCllon of rents. incJudmg, but nol <br />Iimlled to, receiver's fees, premiums on receiver's bonds and reasonahlc attorneys' fees, and thcn to the sums secured by <br />thiS SCCUnlY Instrumcnt. <br />21. Reconveyance. Upon payment of all sums secured by thiS Secunty In!otrumenl, Lender shall request Trustee to <br />reconvey the Property and shall surrender Ihls Secunt}' Instrument and all nore" e\'idL'ncing deht secured by this Security <br />Instrument to Trustee. Tru!ttee shall 'reconvey the Property WIlhout warranly and WlIl10ut dlnrge 10 the person or persons <br />legally entitled 10 it. Such person or persons shaJl pay any recordation cost" <br />22. Substitute Trustee. Lender, at its option, may from time 10 lime remove Trustee and uppoint a successor trustee <br />10 any Trustee appointed hereunder by an instrumenl recorded In the cuunty IT1 whu:h thi~ Security Instrument IS recorded. <br />Witham conveyance of the Property,the successor trustee shall succeed to nil the.wle. power and dUlles conferred upon <br />Trustee herein and by applicable law, <br />23. Request for Notices. Horrower requests thal COplO of the nnllce..... of default and ~alc he \enl to Borrower's <br />address which IS the Property Addr",,", <br />24, Riders to this Security Instrument. If one or more nders are execulro by Borrower and recurded logether with <br />this Security Instrument, the covenanL'o and agreements of each such nder "hall he incorporated UHO and 'ihull aml'nd and <br />supplement the covenants and agreements of this Security In!ltrunu:nt a~ If the nder(s) were a part of this Securily <br />Instrumcnl, [Cheek applicable box(os)J <br />I!!J Adju'lable Rate Rider L~ Condomimum Rldcr 2-4 Family Rider <br /> <br />o Graduated Payment Rider 0 Planned Unit Devclopment R,der <br /> <br />IKi1: Other(s) ['pecifyJ ACKNOWLEDGEMENT OF POWER OF SALE <br /> <br />BY SIGNING BELO\\'. Borrower accepts and agrees to the terms and co...enants contained In lhl~ Sl.'(.'Uflly <br />Instrumenl and in any rider(s) executed by Borrower and recorded with It. <br /> <br /> <br />~~~nn~tL .~B~~::~~ <br />~;n&-.7 <br /> <br />.(Scail <br />-Borrowef <br /> <br />(Spate Be5o. This Une Far Acknowledsmenl] <br /> <br />::::F :::::~~::::::::::::::::: }ss: <br /> <br />n... roregoing In.,mmenl was acknowledged berore me this. . .. ~ ~ .~~ . ,D~ Y, ,~F, ,~U~US! , ~ ,~~8, , , , , . , . . . . .. .... .... .. <br />by .VI..RG~;l..f;.dIJlW.~...r~....~ LINDA M. BERNEY, HUSBAND AND wlFIf~a~k J IN <br />OF SURVIVORSHIP AND NOT AS. 'T.~,;m'~;~i".'''''''''.'''..'' ~...T. :r.~f:l~T?..I:!.~~ RIGHT <br /> <br /> <br />Utduyv(~<~~ <br /> <br />rs~~ <br /> <br />This imaulnent WoU prepared by _ . , . . . , , . . . . , . , . . . . , . . . . . . . . . . . <br />