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87- 10359! NONUNIFORM COVENANTS. Borrower and lender further covenant and agree as follows: 19. Acceleration, Rcrosdim Lender shall glue notice to Borrower prior to acceleration following Borrower's breach of my covenant or agreement in this Security Instrument (but not prim to acceleration under paragraphs 13 and 17 maim applicable law provides otherwise). The notice shalt specify: (a) the default; (b) the action rewired to cure the default; (c) a dam, not less than 30 days from the data the notice a given to Borrower, by which the default roust be cured; and (d) that failure to ewe the default on or before the date specified in the notice may result in acceleration of the sums seemed by " Security leetrwnent and sale of the Property. The notice shall further inform Borrower of the right to reinstate after accelmtiea and the rim to firing a court action to mart the non - existence of a default or any other dkafeme of Borrower to acceleration sad sale. t( the default Is not cured do or before the date specified in the notice, tender at is option may require immediate payment in fall of all sure secured by this Security Instrument without further demand and may invoke the power of ask and any other remedies permitted by applicable law. Lender shall be entitled to colled all expenses incurred provided is that paragrapk 19, including, but not limited to, s reasonable attorneys feds and cow of q� evidence. If the power of saw is invoked, Trustee shall record a notice of default in each county in which any part of the Z Property is located and shall snail copies of such notice in the manner prescribed by applicable law to Borrower and to the other person Prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of k ask to the persons and in the Baer gibed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and In any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by - public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any urn. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the Muth of the statements made therein. Trustee shall apply the proceeds of the sae in the following order: (a) to ail expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in by by " person, agent or judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance, Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all 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 any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the-title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)) [i Mdjustablc Rate Rider 7 Condominium Rider 2 Family Rider J Graduated Payment Rider 7� Planned Unit Development Rider , j� Other(s) [sPmifyl Acknm1edgetterht BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. ............ ............................... ......... .........................(Seal) MI D. MILHON —Borrow f� /... /...1 yi(scal) ANNETTA MILHM — 8o "0Mt — [Space 9@4ow The tine For Ackmw*dg entl STATE OF NMPAM .................... l COUNTY OF .FiAI+Z! ........................ t SS: 111 �. The f J[IDE 17 r 1987 foregoing instrument was acknowledged before me this .................. ................ by „ IRICHAEI, D. VMM ADD ANOM MIU jM WMAM ADD WIFE (date) ................... •(Persoa(F�• acknowledging) ............. ............. .................. My Cottmhi expires: IB>�It ilRl4f -tM d �ni i !' � . A Notary Public i.- This Instrument was prepared by— q).A("ItT ...............