<br />88-10657e
<br />
<br />NON-UNIFORM COVENANTS. Borrower nnd Lend'c:r funher covenant llnd agree 85 follows:
<br />
<br />19. Acceleration; Remedies. Lender shall give noUce to Borrower I rior to acceleration following Borrower's
<br />breach of any covenant or 8gr~ment In thi! Security Instrument (but not prior to acceleration under paragraphs 13 Bnd 17
<br />unless applicable law provIdes otherwise). The lIoUee shall specify: (8) the default; (b) the action required to cure the
<br />default; (e). dare, not lea tban 30 days from the date the notice Is given to Borrower, by which the default must be cured;
<br />ad Cd) that failure to cure the default on or before the date speclfied in the notice may rESult in acceleration of the sums
<br />secured by tbis Security Instrument and sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non-exlstence of a default or any other
<br />defense ofUorrower to acceleration and sale. If tbe default is not cured on or before the date specified in the notice, Lender
<br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further
<br />demand and may Inooke the po"er of sale and any other remedies permiUed by appUeable law. Lender shan be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, includin~ but not limited to,
<br />reasonable attorneys' fees and costs oetitle evidence,
<br />If the power of sale is invoked, Trustee shall record a notice of deCault in each county in wblcb any part of the
<br />Property is located and shall mail copies of such notice in tbe manner prescribed by applicable law to Borrower and to the
<br />other persons prescrihed by appncable law. After the time required by applicable Jaw. Trustee shan gloe public notice of
<br />sale to the p~ons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, sball 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 />cne ar more parcels and in any order Trustee determines. Trustee may postpone sale (\f 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 sale.
<br />Upon reaipt of payment of the price bid, Trustee shall deliver to the purchaser 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 ;0 the following order: (a) to all expenses of the sale, including, bot ootlimited
<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 (c) any excess to the person or persons legally entitled to it.
<br />
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Propeny and to collecl theTenlS of the Propeny including those pasl due. Any renls collected by Lender orthe receiver
<br />shall be applied firstlo payment of the coslS of management of the Propeny and collection of =IS, iucluding, but nol
<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 />
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall Tequest Trustee to
<br />reconvey the Property and shall surrender this Security Instrumc:nt and an notes evidencing debt secured by this Security
<br />Instrument to Trustee.. Trustee shall reconvey the Property without warranty and "';thaut charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />
<br />22. Substitute Trustee. Lender, at its option, may from time 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 Instrumen1 is recorded.
<br />Without conveyance oftbe Propeny, the successor trustee shall succeed to all the title. power and duties conferred. upon
<br />Trustee herein and by applicable law.
<br />
<br />23, Request for Notices. Borrower requests that copies of the notices of default and sale be sent 10 Borrower's
<br />address which is the Property Address.
<br />
<br />24. Riders to this Security InstrumenL If one or more riders are executed by Borrower and recorded together with
<br />this Sc<:urity Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security
<br />Instrument. [Check applicable box(es)]
<br />
<br />o Adjustahl. Rate Rid.r 0 Condominium Rider 0 2-01 Family Rider
<br />
<br />o Graduated Payment Rid.r
<br />
<br />o Planned Unit Development Rider
<br />
<br />o Othor(s) [sp"..cify]
<br />
<br />By SIGNING BELOW, Borrower accepts and agrees (0 Ihe [erms and covenants conlained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />
<br />.......:~~~{~si......~~
<br />.....~H...~.....~~C'O....
<br />Diane S, TysDn
<br />
<br />.........(Seal)
<br />-
<br />
<br />STATE or NEIIRASt.;I\.
<br />
<br />Counly ~s:
<br />
<br />On this 2nd day of December , 19 aa , before me, Ihe under!<oigned, a NOlnry Puhlil,,"
<br />duly commissioned and qualified ror said COUnlY. pcn.onally came Michael L. Tysen and Diane S, Tyson I
<br />each in his and har Dwn right and as spDuse Df each Dther, ,10 me known III 1'0 Iho
<br />identical pcrson(!l'.) whose nnme(s) are subscrihed (0 the foregoing inslrulllenl and. ad..llowled~...c.1 Iht.' l'\('l,,'lllinll
<br />therc:~or to be Their \'OIUnlary ael and deed.
<br />Wilnes!> my hand and nOlarial seal al
<br />date aforesaid.
<br />
<br />in ..ailll,,'ounI), Ih1..
<br />
<br />My Commi!tsion cxpirc:~:
<br />
<br />---.......
<br />-..-
<br />.....__4.1192
<br />
<br />.. r;;;1~;j .rfJy4,~.c
<br />
<br />?~,
<br />
<br />:-'nl<ll\ i'ul'h.
<br />REQUEST FOR RECONVIY ANeE
<br />
<br />TII TRU~'H:
<br />Tht' ulldl'r..igncd i..thc hold"'f tlllhe Illlll. tIT lltlll"." ~..'~urr:d Il\' rhl' Ikcd 01 rlll~' SilllIIHlI... ,11 Ih'I..... !'I(!,,'lh~.1
<br />wilh all olheT inddlll.dn1.'\'o "l'l'Ull'd h~ lhl' J}c...d III fTlI"'. h.I\". hl..'l.ll" paid III full, \"'111 ill,' h~'ld,\ dll...\. It'd 1,\. :11l\'~'1 ~,lld
<br />IHlle Of nUll.''' .1I1d thi..l.k...d tll 1111"1. \\hldl illl. ddl\l.'CJ hl'ldl\'. ,llld "~I In"ll\l'\, \\1111L1111 \\,1I1,lllII. ,tlllllt" ,"l,lll'
<br />IIn\\' held h~ \"11 IIllJI;T 1111" Ih',.d ,.1 1111'" ". IllI' pt"""" III 1'..'I"IlIl' It'f',dh L'llllrll'J 111L"l'I,'
<br />
<br />Ililtc
<br />
|