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I I i Ll r- 87- 103816 NoN-UNIFORM COVENANTS, Borrower and Leader further covenant and agree as follows: It. Acceleration, Rmsedim. Leader shall give notice to Borrower prior to acceistatlen following Borrower's branch of any comment or agreement In 11do Security Instrument (bat not prior to acceleration under parogrophs 13 and 17 stakes applicable law provides othervies). The notice simll specify: (a) the default, (b) the action required to cure the delsolk (c) a dolk ad low dum 30 days from the deft die witim In given to Borrower, by which the deftuft asset be eared; and (d) that IaUw* to are do default on or before the " spedfisil in the notice may result In acceleration of the main mewed by thin Smartty lostrussiont sad ads of the Property. The notice " farther inform Borrower of the right to reinstate after acceleration and the r*M to bring a cart action to want the an-existeacat of a default or my other dellesoce(Borrowerteaccolaradom and sole. If the dolualtis so cared as or before the date specified in the notice, Lander at Its option may require himmullate payment In fall of all am mestrod by this Security Instrument without further demand sad may Invoice do power of nk and may otlsor rn"u permitted by apollabile low. Leader shall be entitled to collect all expenses Incurred in puns I g the romalles provided In this paragraph 19, Including, but W limited to, It dw power of sale is invoked, Trades shell record a notice of default in each county in which any pod of the Property is, located and " mail copies of muck notice In the masmer prescribed by applicable law to Borrower and to the other persons prescribodby applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons mad In the manner prescribed by applicable low. Trustee, without demand on Borrower, shall sell the Property VA public auction to the highest bidder at the doe and piece and under the term designsWIn the notice of sale in one or more pareek mid in any order Trades determines. Trustee may postpone age of all or any parcel of the Property by public: memosessmut at the time and piece of any previously scheduled ask. Leader or Its dedgwe may purchase the Property at any oak. Upon roccip of payment of the price bid, Trustee shall deliver to the purchaser Trustees deed conveying the Property. The recitals In the Trustee's 6" doll be prima fade evidence of the truth of the statements made therein. Trustee doll apply the proceeds of the sole in the following order: (a) to all expenses of the sale, Including, but so limited to, TrudWs fen as permitted by applicable law and reasonable attorneys' fees; (b) to all saw secured by this Security Instrument; and (c) any excess to the person or persona legally entitled to it. 30. Leader in Possession. 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, lake 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. Roconveymm 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 Trooloe. 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 sat! by applicable low. 23. Request for Notices. Borrower requests that copies of the notices of default and sale he 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 party hereto at the address of such person set forth herein. 24. RMm to this SorwIty 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)] []Adjust" Rate Rider Condominium Rider 2-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit Development Rider [:] Other(s) [specify) By StoNiNG BELow, Borrower accepts and agrees to the terms and covenants ed in this Security Instrument and in any rider(s) executed by Borrower and recorded i i X.......................(Seal) C C. G." C. Gardner -Elorr� ............ ............................... STATE OF . :.... .........................County se: 19 V., before me,-the On this ... �Z24-7,.- day o cir�d* oomadmimail an&quelillad for county, porounay cazrte%- L:1. - I - 11L- ;I loo Me Known w be and acknowledged the execu- I ................................. Jmm ............. I ...................... ........ .... voluntary act, and deed. 04 and notarial treat at ------ ---/ "' L . ........................ .............. .... in Said county, the 7 ......... ............................................ to as Equal Employment Opportunity/Allirmative Action Employer M/F. ..............(Seal) —aorr . pow (a) wbow norne(s) an tion " W, data la-,URN Tot IS"" 80100 r?" Low F1W ACh"0wkdrnWd1 J