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88-104920 NOI'1.UNIFORM COVENAIrnl. Borrow.r Ind Lend.r runh.r cov.nonl and ogr.. os rollows: 19. ^ectl.ratlon; R.medles, Lender .ball a1.. noli.. 10 Borrow.r prior to 1...I.rlllon rollo..lng Borro".r'. braeb 01 .ny .''''lIIIlt or ...-nlln thll Security IDltrument (but not prior 10 ....l.rlllon und.r plragrlphs IJ .nd J7 ...1... appllcabl. 1110 pro,ides otherwlsel. Th. noli.. ....11 .peclly, (11th. d,'.ull; (b) Ihe I.Uon r.qulred to .ur. the .rlult; (c) a dat., not I... than 30 day. lrom the dat.th. noU..ls a1..n 10 1I0rrow.r, by "hl.h the dellull must be .ured; IIId (d) tbal lallure 10 cure the d.flult on or before th. dat. lpecllled in Ih. noU.e m.y resullln a...I.rallon of Ihe .um. ItCUred by thll Security lastrument and ..I. 01 th. Property, Th. noU.e sh.1I further Inform Borro..er of the right to reln.tat. aft.r ....I.raUon Ind tb. rlllht 10 brlna I court a.Uon 10 ....rt the non...I!ten.e of a def.ult or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified In the notice, Lender atlls opUon mlY require immedilt. paym.nl In full 01 "I sums secured by this Security Instrument without furlh.r d.mand and may In.oke the power of ..I. .nd lilY oth.r remedies permiUed by .ppll..ble I..., Lend.r .hall be entitled to collect "I expe.... in.urred In pUrllulnR th. remedies pro,lded In this psragr.ph 19, Ineluding, but not limited to, reasonable _"orneys' fees and costs of title e,jden~. If tb. po"er of saI. is .In.oked' Trustee shill record. noU.. of def.u1t in ea.h .nunty In "hieh any p.rl of the Property I. located IIId shall mail .opies ofsu.h noli.. in Ibe manner prescribed by applicable law 10 Borrower and to the other person. prescribed by .ppllcabl.II.., After the lime required by appli.able law, Trustee .hall give publl. noti.e of sale to the persons and in the manner prescribed by applicable Jaw. Trustee, without demBnd on Borrower, shall sell the Property It publie lu.U.n to the hillhest bidd.r al the lime and pla.e and under the lerms designated in the notiee of.al. I. one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or noy parcel of the Property by public announcement at the time and place of any preYiously scheduled sale. Lender or its designee may purchllSe the Propeny sl any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Proper1Ye The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements mode therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permined by applicable la", and reasonable attorneys' fees; Cb) to all sums secured by this Security Instrument; and CC:) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph I Q or abandonment of the Property. Lender (in person, by agent or by judicially appointed receiver) !thaJl be entitled to cntcr upon. take possession of and manage the Property and to collect the renl.lO of the Property mcluding those past due. Any rents collected by lender or the receiver shall be applied first to paynu::nt of the: costs of management of the Property and collection of rents. including, but not limited ro, receiver's fees. premiums on receiver's bonds and reasonable alt"Tm:ys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance.. Upon payment of all sums secured by this Security In!itTument, Lender shall request Trustee to reconvey the Property and shall !lurrender this Securiry Instrument and all notes evidencing debt secured by this Security Instrument to Trustee.. Trustee sball'recon\'ey the: Property without warranty and without charge to the person or per!lons legally entitled to it. Such person or persons shall pay any recordation CO.lOtS. 22. Substitute Trustee. lender, at its option. may from lime to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the SUCCe!lsor trustee shall succeed (0 all the.tille. power and duries conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riden to this Security Instrument. If one or more riders are: e"cculed by Borrower and recorded (ogether with this Security Instrument, the covenants and agreements of each such rider shall be incorporated inlo and shall amend and supplement the covenants and agreements of this Security Instrument as If (he rider(s) were: II part of Ihis Security Instrum.nt. [Check applicabl. bo.(es)] B Adjustable Rale Rider 0 Condominium Rider :J 2.4 Family Rider o Graduated Paymenl Rid.r 0 Planned Unil Development RIder 19 Other(sl [specify] ACKNOWLEDGEMENT " By SIGNING BELOW. Borrower accepts and agrees (0 t~e rms and~oven COOlam Instrumenl and 10 any nd.ns) e.eculed by Borrower and recor~ed th" ~ / &. .( ... f/1I1... ... . .... ..... . . ... . .~~a{.. ~ORAH L SCHULTZ [Spac.I! Bel_ This. une For AdtnD.led~tJ ..........(5..1) _Borrower ......,.t1I'.1lu.~~.............. } 55, COUNrY OF ....... .m~".,..,.......,.... STATE OF '111. foregoing Inotrum""l wasacl:nowledped berore me Ihis.........?l'.I? R~r. .<?f. .~!'r.'\'OO!'R. J..~~~....... ........ (date) by ......KEV:m.J...5(JlVk'J;Z. AI:lP..l;JJ!.I!QIYW. .1,. ~.<;~. T.".. !IJ.g;~~ .N!!? ~ml............ ................. (penn'(I) n.wledgl'lll n \ " ~~ \\ "~,",\~~11.'LJ_ \\},.:\\1l\.\.~! My CommiWon expirc:s: 12/28/89 .J:--...".... _t lUlU 1rr..(oJ k alai Notary Public This Instru~t ""I1S prepared by. flj~.'-i! .., .lllIum1tt.,.OIWMt.e....k-NWaske,.~.A..... PO 801 3408 Om..... Nt 58101