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87104734
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Last modified
10/19/2011 11:07:25 AM
Creation date
3/27/2008 2:40:30 PM
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DEEDS
Inst Number
87104734
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Line, <br />87..0- :104734 <br />NoN-UNIFORM COVENANTS. Borrower and Leader further covenant and agree as follows: <br />". Accelerollea; Romedim Leader sholl give soda to Borrower prior to acceleration following Borrower's <br />bresich of my trivemat or agreement In this Security lissummem (but not prior to acceleration under paragraphs 13 and 17 <br />values applicable law provides otherwrise). The notice shall specify: (a) the default; (b) the action required to cure the <br />dof=k; (c) a dets, not loss thim 30 days hem the deft the notice Is given to Borrower, by which the default most be cured; <br />and (d) dint fidlwre to ewe the data& on or before she deft specified in the notice may result in acceleration of the sums <br />1 1 by this Security lostrument and ask of the Property. The notice shall further intom Borrower of the right to <br />rebmwe after acceleration and the right to brim a court action to mmi the mm-existeaft of a default or any other <br />dellower of Borrower to acceleration and tale. U the deb* Is ad cured an or before the date specified In the notice, Lender <br />at its option may require Immediate pwnnt in fou of an secured by this Security Instrument without further <br />demand mul mey Invoke the power of solle and any sober renwidies permitted by applicable law. Lender shall be entitled to <br />c~ oN expense Incurred in poessiling the remedies provided in this paragraph 19, including, but no limited to, <br />rmom*katwnewfees sad coo ofd* <br />evwenm <br />If the power efsalt is Invoked, Trustee shall reed a notice of default In each county in which any pan of the <br />Property Is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by doable law, Trustee shall give public notice of <br />ask to the persons and In the manner prescribed by applicable low. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any Wcel of the Property by <br />public announcement at the time and place of my previously scheduled sale. Lender or its designee may purchase the <br />Property at any ask. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustees deed conveying the <br />Property. The Mitals in the Trustees deed shall be prima fade evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale is the following order (a) to all expenses of the sale, including, but net limited <br />to, Trustee's fees as permitted by applicable low and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) 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 Lender 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, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />X Reconveyan". Upon 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 ieconvey 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. SuWMW Trustee. 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 t he -title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <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(cs )] <br />Ei Adjustable Rate Rider 7 Condominium Rider 17, 2-4 Family Rider <br />Graduated Payment Rider 77 Planned Unit Development Rider <br />Jhpher(s) [specify] Ackriowledgemmit <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained m2 this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with i <br />............. I ...... . .......... ........... (Scal) <br />F4MM J. 93(min, -430rower <br />... . ..... ....... ....... (Sesl) <br />SUSAN K. SCHULTZ —Borrower <br />[Spw.e Belo its Lm For ftknewbeft"on] <br />STATE OF ................... <br />COUNTY OF HALL ........................ <br />0 <br />AUGUST <br />The foregoing instrument was acknowledged before me this ............... I ... 10, ..1987 .................................... <br />MwAt.amu"Aw mm it. amun nuamm Am wim ("10 i I" <br />..................................................... <br />IMMMMMK I&10 If 11111OW60 <br />.... (SM) <br />Notary Public <br />J. ROG ERT <br />TW hwrinwt we,, prepatei by... ............................. . <br />
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