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I f <br />$7-- 1007310041 <br />r 8 -- <br />'40N t :titf as: t 0�`f fie; r� £iorrower and Lender further coy enant and agree as follows: <br />19. Acceleration; Remedies, Lender shall give notice to Borrower prior to acceleration following, Borro.ver's <br />breach of Rny covenant or agreement in this Security Instrument (but not prior to acceleration under pamgraphs 13 and 17 <br />unless applicable, law provides otherwise). The notice shall specify. (a) the default; (b) the action required to cure the <br />defan (011 dated not less than 38 days from the date the notice is given to Borrower, by which the default must be cured; <br />and f that failure to cure the default on or before the date specified is the notice may result in acceleration of the sums <br />secured by this 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 - existence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Leader <br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. bender shall be entitled to <br />called all expenses incurred in pursuing the remedies provided in this patagmpb 19, including, but not limited to, ; <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall matil copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by appUtable law. After the time required by applicable law. Trustee shall give public notice 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 undo the terms designated in the notice of sale is <br />one or more parcels and in any order Trustee determines. Trustee may poke sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Leader or its designee may purchase the <br />Property at any sale, <br />Upon receipt 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 fade evideam of the truth of the statements made tberein. <br />Trustee shall apply the proceeds of the sale in the following order tai to all expenses d the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys" fees+ flmI to sB stems aeew� by this S rixy <br />Instrument; and (c) any excess to the person or persons legally entitled to iL <br />29. Leader in Possession. upon acceleration under paragraph 19 or abandoumeot of the Property, Leadeer (in, <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the tents of the Property including those paean dim. Arryr° rents collected by tender or the receiver <br />shall be applied first to Payment of the casts of management of the Property and collte.^wn of'team uuchuhng, but not <br />limited to, receivers fees. pre n@unm on receiver's bonds and reasuualnlc attorneys' fees. and then to the sees secured by <br />this Security Instrument. <br />21. Reeonveyanee. Ligon Payment of Al sutras secured by this Security Instrument, Leader shall request Trustee to <br />rocomvey the Property and shall surrender this Security Iust tunaTt and all notes egg debt secured by this Security <br />Instrument to Trustee. Trustee shall roconvey the Property unthout warrttntr and wither charge to the personas persons <br />legally entities] to it. such person or persons shall nay any recordation costs_ w <br />22. Sabsfitute Trustee. tender, at its option, may from trove to time real Trustee and appoint a successor trustee <br />to any Triiceappoiawd hereunder by an instrument recorded in the cotunty to which this Security Instrument a met ed., ) <br />Widxxu conveyance Of the Prtmpcny, the successor truster shall succeed to all ib�e ;it& power and cantles grarfetsed upon <br />Trustee heicut and byapplic abbie law. <br />23 Request for ':Notices. Borrower requests that copies of the notices of dealt and We be seat to Borrow'er's <br />address which is the Property Address: <br />24. hiders to this Security Instrument. if one of more riders arc executed by Borrower and recorded. together -ah <br />ilex Security Instrument the ec+ptstantsAnd agreements Of each s h'r ler shall be into and shall amend and <br />SUPPknwzt the covenants and Agreements of this Security- tnstratrnei,t is the rida(s) were apart of <br />this Spy <br />IMM!t mtstt- ((`beck applicable box( -)] - - - - -- <br />Adjustable Rate Rider Condominium Rider 2-4 famtiy Rxkr <br />Graduates Payment Rider Plannr-4 Unit Devek-Tuier?t Rader <br />- ? Other(s) [sPecfy , <br />BY SWNINr BELOW, Borrower accepis urn agrees to the t�rss : � contained in t Security <br />Instrument and in any riders) executed by Borrower and recorded with it_ <br />f i- <br />_:' <..' .: ��.�- �..� :_ ^� � __. :• �� �. (Seals <br />MAP MPIE R. CARSTENS <br />ascots aeo'. 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