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87102903
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87102903
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Last modified
10/19/2011 6:45:05 AM
Creation date
3/27/2008 2:18:48 PM
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DEEDS
Inst Number
87102903
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NON-UNIFORM COVENANTS. Borrower and Leader fhrtber covenant and agree as follows: 87— 102903 <br />19. Lanier " give natiae to Borrower prior to acceleration following Borrower's <br />isemelt of say covenant ar WeemW In Ilds Security IastrumW (bat not prior to (tceeleration under paragraphs 13 and 17 <br />sale" "li"C is kw proelis Wwwiae). Thu and" 0111111 tMfyt (a) the default; (b) the action required to care the <br />(" dt (d a data, acct less � 30 day's from the date the notice k given to Borrower, by which the default mum be cared; <br />i and 0 OM faire is taws 6e disfiuh on or before the daw specified in the notice may melt in acceleration of the an= <br />ssIP I by tUs Samrity l w&WNW and ade d the Property. The Notice shall fartber inform Borrower of the rift to <br />reiaat le Shia nwhrofim and the right to Mktg a east action to asert tits men- existence of a default of any other <br />W' dDer""Nw to sonkratim and sae. If the default Is net cared on or before the dgte specified In the Notice, Leader <br />of Bt epdsa may t is fled of ON am" ascured by the Security Instrument without rur"M <br />demand and may havake the power of ante and ally other rommUm permitted by applicable law. Leader shall be entitled to <br />cotlset all expanses incurred Is phrnlag dw remedies provided in this paragraph 19, including, but not limited to, <br />raasanabla atasraeys' fapr need of ttile eridance. <br />It dis ptnror of ode it un vkd, True shall record a notice of default in each county is which any part of the <br />Property is lammed mad shall wall copies Of wed Metre in the surer prescribed by applicable law to Borrower and to the <br />other itesaoens KestrNnd by applicalde law. Alter the true required by applleabk law, Trustee shall give public notice or <br />oak to the persons and in the mmmer prescribed by applicable law. Trustee, without demand on Borrower, shill sell the <br />PIM-Pi 'h' or public section to the highest bidder at the tdae and place sad under the terms designeW iw the notice of ask in <br />ors ale moat pa+ads and IM my order Tree determisses. Trustee may postpone ask of all or say parcel of the Property by <br />public ammOmccOww at tine time and place of sty hrevimWy sdwddW ask. Leader or Its designee Nay pseehase the <br />Property at any sale. <br />Upon recelpt of psymew of the price bid, Trustee shall deliver to the porebaser Trustee's deed conveying the <br />Property. The red tmk in die TrinaWs deed she be prima fuels erNence of the truth of the statements made therein. <br />Trustee sbdB apply 69 proceeds of the Oak in the order. (a) to all expenses of the sale, including, but mot United <br />1% Truder s fees a permitted by applicable law sad reamubk attorneys' fees: (b) to all sum secured by this Security <br />logmami4 and (e) any wens to tine person or Pawn wally entitled to it. <br />20- 'A' k IN Poseedoa. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person. by agent or by judicially appointod recava) shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Leader or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not <br />limited to, receivers fees on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. RaeonveyaNte. Upton payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Stye Tritium 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 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 applicable law. <br />23. Request for Notices. Borrower regacsts that copies of the notices of default and sale be sent to Borrower's address <br />which is the Property Address. Borrower further requests that copies of the notice of default area notice of sale be sent to each <br />perum who is a party hereto at the address of such person sat forth herein. <br />24. Riders to this Security Instrument. If one or more riders are 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 />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a Part of this Security <br />Instrument. [Check applicable box(es)j <br />Lj Adjustable Rate Rider f Condominium Rider ❑ 2-4 Family Rider <br />iD Graduated Payment Rider ❑ Planned Unit Development Rider <br />Gl Other(s) Ispecifyl <br />BY SIGNING BELOW. Borrower accepts and agrees to the to rrtp,,And covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />....... Lg L. Pes�ek <br />Peg Peb./!:. ....................... -9(S <br />SrATR or Nmzsu KA ..............._ _... 1411.........._.............. .. County se: <br />pan thin .......... 19th... day of ......may ................ 19 ..... before one, the undersigned, a Notary Public <br />duly and qualified for said county, personally came ................. <br />.................... ............................... <br />:- ....k.r.. Pcsek_•alnd Peggy_ L.r...Pyeeka..husbsnd .and__wife.,_.. .... to me known to be the <br />persort(s) whom name(s) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to be .............their <br />... .......... .......................................... ....... I....... voluntary act and deed. <br />Witness my hand mind notarial saai at .__......._ rnnd Is <br />Gland _.... in said county, the <br />date &kmwai& My cmmmiewm frl `�srta <br />"' .. <-� <br />+fir u <br />WO are an Equal Employment Opportunity/Affirmative Action Employer M /F. <br />l$Pat ar1Nw reds tow For Aranwwwftn,nel <br />
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