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F M I 87-103986 NON-UNIFORM COVENANTS. Borrower and Leader further covenant and agree as follows: 19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrowees 16 Inch of my covessustoragreement In" Security I (but not prior to acceleration under paragraphs 13 and 17 tam sWissible low Provides otherwise). The notice shall specify; (a) the default; M On action required to cut the defoult; (c) a date, no loss than 30 don from the date the notice is given to Borrower, by which the default mad be cured; and (4) that killm to cum the default on or before the " specified in the notice may result in acceleration of the sum "Cliend by this S@cw1tY l sad ask of the Property. The notice shall farther Inform Borrower of the rI*A to relastale after acceleration and the right to bring a court action to own the rum-existimen of a default or any other offlonswer to accelloradois and sale. If the ddault knot cored on or before the doe specified intho notice, Leader at its OPUM may require immediate Payment in fall of oil an= seemed by this Security Instrument without further demand and my invoke the power at salle mal my other remedies permitted by applicable law. Leader shall be entitled to CDOW SH elPMN Incurred in Pursuing the remedies provided in tbk paragraph 19, IncludiaL but not limited to, reasonable attorneys' fen sod costs of title evidence. If the power of sale is Invoked, Trustee shall record a notice of default in each county In which any part of the Property Is located and shall mail 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 or mile to the persons and in the =saw prescribed by applicable low. Trustee, without demand on Borrower. " sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of side in one or more pareek 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 my ask. 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 Prime facie evidence of the truth of the statements made therein. Trades shall apply the Proceeds of the sale in the following order. (a) to all expenses of the side, including, but not limited to, Truslec's few an 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. 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, take possession of and manage the Property and to coKect 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 receivers bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveymice. 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 in 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 We 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 party 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 ❑ Graduated Payment Ruler ❑ Planned Unit Development Rider ❑ other($) (specify] VA Guaranteed Loan Rider 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. ....... Jazupl . . ..............(Seal) Nancy U Favinger 1� 80f.ow�. (Seal) STATz or NzamartA ................ _........._..... Hall ........ ....... ........................County On this ..------ Ist --------------- day of ... ....July j ............. 19..87., before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personally came .......................................... ......................... Nancy. Anaavitnffier, -, .. pe ... rm.q.0 . .................... ......................................... ....., to me known to be the ideatkal penon(s) whose names) are subscribed to the foregoing instrument and acknowledged the execu- tion thereof to be ... her ...... .................. ................................ .................. voluntary act and deed. dateWitness my hand and notarial seal at ............................. Island..,__....__.........., in said county, the afores" My C4smsdation dPSat Er# ft 11. 1V' Nary Pubb. We are an Equal Employment Opp ortunity/Allirmative Action Employer M/F. ISWKS 8 bo Ttft U" F6F Achn&w*dV"woJ