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<br />88_105337
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<br />NON-UNIFORM COVENANTS, Borrower ond lender furl her covcnnnl nnd agree 05 follows:
<br />19. Acceleration; Remedies. Lender shan Rive notice to Borrower prior to accelerallon following Borrower's
<br />b....cb orany co..nanl or agreemenlln Ihis Securlly In.trument (bul nol prior to .c.elerallon und.r p.r.gr.phs 13 .nd 17
<br />unl..s applle.ble la.. provide. other..I..), Th. noll.. .ban .peclfy: (.) th. der.ult; (b) the ..tlon required 10 cur. tb.
<br />d.rault; (e). dale, not Ie.. than 30 day. from the dat. the notl.e I. glv.n 10 Borrower, by which Ihe derault mu'l be cured;
<br />and (d) ,hat rallur.to eure the deraull on or berore Ihe dat. .pedfied In the notlee may re.ultln .cccleratlon or th. sum.
<br />secured by Ihl. Securlly Instrument and .al. or tb. Property. The notl.e .h.n furth.r Inform Borro...r of th. rlghlto
<br />reinstate after acceleration Bnd tbe right to bring a court Iction to ASsert the non~exlslenc:c or II default or any other
<br />d.r..... or Borro....r to .cc.leration and ..... Irthe der.ultl. nol cured on or beror. th. d.te .peelfi.d In the notice, Lender
<br />at Its option may require Immedl.te p.ym.ntln full or all sums ..cured by this Security In.trument ..Ithoul rurther
<br />d.mand and may Invoke the power ofsale and .ny oth.r remedies permlU.d by .ppll..bl.I..... Lender .b.1I be entitled to
<br />conecl all ..pe.... incurred in pursuing tb. remedJ.. provided In Ibi. p.ragraph 19, Ineluding: but not limited to,
<br />reasonable attorneys' rea and costs ortiUe nldcncc.
<br />If the power or sale Is in,oked, Trustee sball record a notice of derault in each county in which any part of the
<br />Properly Is located .nd .h.1I mail copies of .ueb notice In th. manner preserib.d by .pplie.ble I... 10 Borrower and to the
<br />olh.r persons prescribed by .ppll..ble I.... Aft.r the tlm. r.quir.d by appllcabl. I..., Tru.te. .hall give publl. notlee 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 auction to the highest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any onle:- Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any ..1..
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purc.haser Trustee's deed conveying the
<br />Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (0) to all expenses of the sale, Inciuding, but not limited
<br />tOt Trustee's fees as permitted by applicable la", and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph I Q or abandonment of the Property, Lend~r (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Propcrty and to collect the ren's of the Property including those past due. Any rents coUected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property and collection of rents, induding, but not
<br />limited to, receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. RecDnveyance. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to
<br />reconvey the Property and shaU surrender this Security Instrument and all notes evidencing deb~ secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons
<br />Jegally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender. at its option. may from I1me to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the 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 applir.able law.
<br />23. Request ror NoticeI. Borrower requests that copies of the notices of default and sale be sent 10 Borrower's
<br />address which is the Property Addr...,
<br />24. Riden to this Security Instrument. If one or more riders arc executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supp!ement the covenants and agreements of this Security InSlrumc:nt as if the rider(s) were B part of this Security
<br />In.trument, [Check applicable box(es)]
<br />o Adjustable Rale Rider 0 Condominium Rider ~ 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
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<br />o Planned Unit Development R,der
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<br />o Other(.) [.pecify]
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<br />By SIGNING BELOW, Borrower accepts and agrees to the tenns nnd covenants contained 111
<br />Instrument and in any rider(s) executed by B:lrrower and recorded with it.
<br />
<br />
<br />~{.{tfn4~~
<br />
<br />chis SecurilY
<br />
<br />,~~~/"d"u
<br />ft? )rI;,'
<br />",f?..~.L..",..L./b.~,/,
<br />Ellen V. Willis
<br />
<br />'uu..'u....,(Scal)
<br />_Barrower
<br />
<br />.. ....(Seal)
<br />-Borrowe'
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<br />STAll: 01" Nl::URASI\A.
<br />
<br />COllnly'i": Hall
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<br />and
<br />
<br />On this 30th day 01 September .19 88 . hdorr me. thl' ulh..lcr...igm'u. 11 Notan' Puhlk
<br />duly commissioned llnd qualified for said county. pl'p,onally Cilml' Virginia L. Stibolt, an unmarried person 1
<br />Lee E. Willis and Ellen V. Willis,each in his snd her own right and ~~~R~~,Rh,~~~rother,
<br />identical per'ion(~) whose name(s) are \ubscribed 10 Ihe roreglling in\lnmll'nt anLl adnowll'dgl'u thl' C\cl.lltinll
<br />thC'reof to be their \'oluntary act anLl deed.
<br />Witness my hand and notarial seal at
<br />date afores.aid.
<br />
<br />111 ..aiLl ~'IlUIlI~. llll'
<br />
<br />My Commi~sHHl c"\pirc'Jo:
<br />
<br />GI------r
<br />-'- DCIHMIIII
<br />..a.a r. .... 4. 1112 ,
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<br />Q;j ~ f)~t?'-~r-
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<br />RI:QUESlI'OR RE('ON\'.y.\;o.;l I
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<br />1" 1 kl 'iT11
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<br />1\..", hdd h\ \tltI unJt"' Ih" I)('('d '11 lfll~II" 111(" rWhlln In \1('1'''11- k~.tlh ,'1l111l"jrlll'Jc!,'
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