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M
<br />87-- 10096
<br />No`- UMFORMCOVENgtiTs Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration, Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the actiort. required to care the.:'.
<br />default. (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default trust be cured;,
<br />and (d) that failure to cure the default on or before the date specified in 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 Nn: date specified in the notice, Lester
<br />at its option may require immediate payment in full of`aB sums secured by this Security Instrument without.furtber
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law.. Lender shall be entitled ta,
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<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not lianted to,';'
<br />reasonable attorneys' fees and costs of title evidence
<br />If the power of sale is invoked, Trustee shall retard a notice of default in each county.in which any part of the
<br />Property is located and shall mail copies of such notice in the manner prescriibed by applicable law to Borrower gird to the _
<br />other persons prescribed by applicable law, After the time required by Applicable law. Trustee shall give ptriitic mice of .?
<br />sde to the persons and in the stunner prescribed by applicable law- Trustee, without demand on Borrower, shag sell the
<br />Property at public auction to the higbest:bidder at the time and plane and ander the terms desigtnted in the notice ntsale irr .
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of alt Qr any parcel of the Property by
<br />public announcement at the time and place of any previously styled sake Under or its ttesignee may pare Se tlre;-
<br />Property at any sale.
<br />Upon receipt of payment of the price bA Trustee *M deliver` to the purchaser Trustee's deed conve�i� the ,
<br />Property. The recitals is the Trustee's deed shall be priwa facie evideacr of the truth of the statemettta aaade tom.
<br />Trustee shall apply the proceeds of the sale in the foils isgor der_ tit) to aR expenses of tore sale, inchadiog hth sat liter,
<br />r
<br />t% Trustee's fees as permitted by applicable law and reasamik aaiaraeys' fax (bt to 0 -swas secured by fl& Setaatty. '
<br />Instrument; and (c) any excess to the person or pers®as.kgaillr,eastied to it
<br />20, Lender in Possession. upon acceleration adder paragraph 14 sacabandonment of the Ptirerty, Leoiter (m
<br />person. by agent or by judicially appointed receiver) dull be entaicd to enter upon, 'take possessicat of and manage tae' -`
<br />Property and to collect the rents of the Property including, th€tse past due Any'rmis, collected by Leader or the receiver
<br />shah be applied first to payment of the costs of managmaent oft, off oral c of reties. but not
<br />limited CO_ reCetG`e(S fees. premiums Wi ietfX'S bonds and attcas' fdcS and then to the stvseenral by_;.,_
<br />thisSecurity Instrument.
<br />21. Recouveyance. Upon payment of sir sifters socurad Isy tltes Security ru shaIl t` t Trustee to
<br />ieconvey` the Property and shall surrender this Secnritc instruiueat and AN nrrtcs evidencing iedtt secured by this Sawrity,
<br />Instrument to Trustee. Trustee shah rec ntvea the I'ccgxrq without warranty' aril ivithout chatRe to lire perscrct persom ,
<br />legally entitled to it. Such person or persons shall ptyany tec daition coverts.: '
<br />22. Substitute Trustee. Lender, At in ►on, may ftara tinar to Irubr remove Trustee and appoint a Su rev trustee
<br />'to any Trustee appointed hereunder by a a i�t recorded in the cr.�unt +iii which this 5m*r- a Instrument 'is recorded-
<br />_to
<br />conveyance of the Property, the s trustee dull ssuYCed foal# (rift # po+ °per and ditties -fer ned -
<br />Trusttc herein „nd by applicable law.
<br />23. Request for Notices. Borrower xegtests that. copies of the ricxtces. of ddault and sale be scut to Borrowers
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<br />�s
<br />address which is the Property Address _
<br />2f. Riders to this Secori:y Iastriamest. Iformor more ralen are eaec:a rd by B and recorded topinber W"
<br />iitisSrs :untlInstrument.thecovenantsand tsofea& rider�llb -- intstaatlsb and
<br />t the covenants and agreements of this Seems'" as Ib+e rnler,0 Were a putt of dus S y
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<br />.Jusirmnenu (Check applicable box(esq
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<br />2X Adjustable Rider Condominium Rifler ' 2-4 Farr* Ruler
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<br />,Rate
<br />Graduated Pavment Rider Planned Una Development Rider
<br />]�X bther(s'i L'specify] ACFXOWL — '
<br />BZ` SIG \C\G 13ELt1K`. Borrower 8L -cepts. and 3 fGC5 -_ i tlt[ iCiHrS -. eE?caa78ntS OY#itametl in t Security.
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<br />Instrument and in anv rider(s) executed by Borrowerand recorded vwnW
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<br />BEKXA -3I1 Ii`_ ULRICH
<br />ARDELL *4 TT—RICH
<br />On 1111S 9TH dal' of FtMU -AWi 19B3 f _ before tae, [be undersigned. a ', xmary Pub&—
<br />dld: commissioned and qualified fvr said icounty. personally came
<br />BERNARD W CLRICH MND ? RDELL ''i L14i H BUS —WAI*D -- SfiFL to ttte l tic -ro,n IC is flue
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<br />"irnttial Per,SJnt�) %010�e name(st are ws liscribedho !he - floregotnie instrumeEft and a'cknowtedRed the i_,vLvuuyR -
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<br />thereof To be THEIR :oiuntarvaci and 1ccd_
<br />N ":;Hess (ny eland and notarial +tai at 1 fRAND 1SIJ%N -D \EHiLASVA int atd voura v} the
<br />date more, aid.
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