87103656 - Laserfiche WebLink

Browse

NON - UNIFORM COVENAN[s. Borrower and Lender further covenant and agree as foilowss:�-103656 19. Acnderadou; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's branch at ay covam or agreement in this Security Im ermsest (but not prior to sceeterstioa under paragraphs 13 and 17 unless applicable law provides otberwise). Ilse notice dell specify: (a) the default; (b) the action required to awe the dt (e) a babe, set Was tan 30 days Man core daft the notice Is given to Borrower, by which the defaalt most be cured; and (d) am ftuure to awe ate dotwlt am or bellore to date specified, is the notice may result IN skdelaratios of the sum dudseaee I by daft Swurlty Instrument and sale of tha Property. The notice shall tardier iatorm Borrower of the right to reiaft/e dotter acceleration and *a rid to bring a court actin to assert the eas4ximence of a default or say other , Iinae of Borrower to acceleration and sale. U the deans t is net cured on or before the date sped®od In the notice, Leader at 10 option tqy rewire immediate payment in full of an sums secured by this Security laoftmnt without further demand and may invoke the power of she and ay other remedies permitted by applic" law. Leader shall be eadded to called all expenses Incurred In pursuing die rowdies prodded In the peragnph 19, Including, but not limited to, reaoonoble aftemsys' fee a1 cools of tide ediesce. U the power of sale a melted, Try dndl record a notice of default in each county in which any part of the Property IN located and call mail copes of seek notice In the mow prescribed by applicable haw to Borrower and to the other perooa prescribed by applicable law. After the time redprired by applicable law, Trustee shall give public notice of Ink to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the bW" bidder at the time mad place and under the tam desigaded in the notice of sale In ore or more pweea and in my order Trustee determimL Tresses may postpone ask of all or any parcel of the Property by Elie announcement at the time and place of any previously scheduled ask. Leader or its designee may purchase the Property at any ale. Upon reeellpt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dad conveying the Property. The recitals In the Trustee's deed doll be pram facie evidence of the truth of the statements made therein. Trustee slid[ apply the proceeds of the ode In the following order. (a) to all expenses of the sale, inciudiag, but not limited to, Trustee's leas 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 person legally entitled to it. 20. Lender In Paaadas. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by 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, recover's has, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Recaveynaee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to re:atvey 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 catitled 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. Borrower further requests that copies of the notice of default and notice of sale be sent to each person who is a patty hereto at the address of such person set forth herein. 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)) Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider E] Graduated Payment Rider ❑ Planned Unit Development Rider 0 Other(s) [spay] 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. �...... �. r ......... ........... .........................(Seal) - -aorroww ................................ ............................... .........................(Seal) — eorrae. Srars or NzM ASKA ........... latte .......... ...... ......... ....................... _...County a: On. ...... latti ............. May of ......,Jules............, 18...87., before me, the undersigned, a Notary Public duly commissioned and qualified for said county, pamonally came .... liitd.. A... RiV4 ........... I ................. _ ....... ............................... ;............................. _ .............................. to tae known to be the islmttcal ptusan(o) whose mme(aj are subocnbed to the foregoing instrument and acitnowledged the execu- tion thereof to be .................... he>_ ................................................. ............... voluntary act and dee& Witness my hand and notarial seal l at ....Col mbuS... NE ................ ............................... in aid county, the data aaraontd' . . etlnµtlN }e "IWOI" M7 tajgtta: CATHY Li :i,titN L We an an Equal Employment Opportunity /Affirmative Action Employer M /F. - a-- ---- -- tspme kbw Mr tin for A&MWWdrROMt - - --