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88- 106289 NON.UNlFORM COVENANTS. Borrower and Lender further covenanl and agree os follows: 1'. A....lentlon; Remedies. Lender obaIl slye notice to Borrower prior 10 acceleration following Borrower's breach of uy coyenant or qreement In tbil Security Instrumenl (but not prior 10 acceleration under paragraphs 13 and 17 unleu applieable law provides otberwlse). The notice sball specify: (a) tbe default; (b) the action required 10 cure the default; (c) a date, nollesalhan 30 days from the dale the notice is slyen 10 Borrower, by which Ihe default must be cured; and ld) that fallure 10 cure tbE defsult on or before tbe date specilled in tbe notice may result In acceleration of the sums secured by tbis Securlly lnolrwnent and sale of tbe Property. The notice shall further Inform Borrower of the right 10 reinstale after acceleration and the right to bring a court action to assert the non.exlstence of a default or any other defense of Borrower to .....Ieratlon and sale. If the default ill not cured on or before the date specllled In the notice, Lender at Its option may require immedlale paymenl In full of all sums secured by this Security [nstrumenl wilhout further demand and may invoke the power of ale and any other remedies permitted by applicable law. Lender shall be entitled to collect all e....nses incurred In punulng tbe remedies prorided In this paragraph 19, Including, bul nol Iimlled to, reasonable attorneys' fees and costs of title evidence. If the power of sale Is Invoked, Trustee sball record a notice of default In each counly In wblch any part of the Property is localed and sb.1I mall caples ofsucb notice in the manner presc:ribed by applicable law 10 Borrower and 10 the olber persono prescribed by applic.ble law. After the time reqoired by applicable law. Truslee shall give public notice of sale 10 Ibe penono .nd in tbe manner prescribed by applicable law. Trustee, withoul demand on Borrower, shall selllhe Property at public auction to Ihe highest bidder althe time and place and under the lerms deslgnaled in Ihe notice of sale In one or more parcels and In any order Trustee determines. Trustee may postpone sale of nil or any parcel of tbe Properly by public announcement 01 the time and place of any previously scbeduled sale. Lender or its designee may purchase the Property alaoy sale. Upon receipt of payment of tbe price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals In the Truslee's deed shall be prima facie evidence of Ihe lrulh of Ibe slalemenlS made Ihereln. Trustee sballapply Ibe proceeds of the sale In Ibe following order: (a) to all expenses of Ihe sale, including, but nollimited la, Truslee's fees as. permitted by applicable law and reasonable attorneys' fees: (b) to all sums secured by this Security Instrument; and (e) any excesato the person or persons legally entitled 10 it. 20. Lender In Possession. Upon acceleration under paragraph J9 or abandonment of the Property, Lender (in person. by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and nlonage the Property and to colla:t the rents of the Property including those past due. Any rents collected by lender or the receiycr shall be applied first 10 payment of Ihe costs of management of the Property and collection of rents, including. but nol limited to, receiver's fees, premiums on recdver's bends and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconvey.nce. Upon payment or all sums secured by this Sec.urilY [nstrument. Lender shan requesl Trustee 10 reconvey the Property ond shall surrender this Security Instrument and aU notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall 'reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay Bny recordation costs. 22. Substitute Tru.tee. Lender, at ilc; option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appoinled hereunder by an instrument recorded in Ihe county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the.tille, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notlca. Borrower requests that copies of the notices of default and sale be sent to Borrowerts address whieh is the Properly Address. 24, Riden to thlm Security In.trument. If one or more riders are executt.-d by Borrower and recorded together with this Security Instrument. the covenants and agreements of each such rider shan be incorporated into and shan amcnd and supplement the covenonts and agreements of this Security Instrument as ir Ihe rider(s) were a port or this Security Instrument. [Check applicable OO.(es)] o Adjuslable Rate Rider 0 Condominium Rider 0 2-4 Family Rider o Graduated Payment Rider 0 Planned Unit Development Rider [XJ Olher(s) [specify] ACKNOWLEDGEMENT DTD 11/18/88 BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrumenl and in any rider(s) e.ecuted by Borrower and recorded with it ~~,'f"'?'#tOTc;;';~ D6ROT!i~...~...~~.:=~! [Sp.ce Below 11Iis Une For AeknowledcmentJ Sf ATE OF .... .~!'.ljM~!4\................ } ss: COUNTY OF ... ..J:IAI,l-...................... The roreaoing inslrument w...cknowledged berore meth;... ._.1.l~~!1. .~^~. 9.l[.!,!q~!i:1l-. .1.~~~.......... ......... (date) by HeNlY. J . iWlSE. & .DORO:r.HY. LEE .WI.E:SE.HIlSBAND. .&. WIFE ,AS .JOINT . TENANTS. .&. NOT..As' .TEI'Wl:I:S IN COHllON (penoo(s) acknowledging) M, Commlillon ..pires: FEBRUARY 14, 1990