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NON- UNIFORM COVENANTS, Borrower and Lander further covenant and agree as follows: 19. Lander shall give notice to Harrower prior to acceleration following Borrowites branch of any covenant or t In this Security Instrument (bat not prior to acceleration under paragraphs 13 and 17 voless applicable law provides ). The notice shall specify: (a) the default; (b) the action required to cure the did (c) a data not lean then 30 days from the date the notice Is given to Borrower, by which the default must be cured; I and (d) that Holton to earn the default an or before the date specified in the notice may result in acceleration of the sums maw" by thk Security lealraomM and ask of tha Property. Tho notice shall further inform Borrower of the right to ndm t% after acceleration and the right to Mang a court action to smart the non- existence of a default or any other Ask m of Borrower to acceleration andask. If the default is not cared on or before the date "pacify in the notice, Lender at its option may require immediate payment in fall of all sums secured by thk Security Instrument without further demand and shay invoke the power of sale and any ether ressedles permitted by applicable law. Lender shall be entitled to collect all expenses tanuTed in pursuing die remedies provided In this paragraph 19, including, but not limited to, atneneys' fees nerd coots of title U the power of ask is Invoked, True** shall record a notice of default in each county in which any part of the Property In located anal shall mil copies of aeh notice In the manner prescribed by applicable law to Borrower and to the ether persons prescribed by applicable low. Alter the time required by amicable kw, Trustee shall give public notice of sale to the pawn and is the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public suction to the higbost bidder at the time and place and ander the terms designated in the notice of sale in one or more pared and in any order Trio determines. Tree my postpone sale of all or any parcel of the Property by pine announcement at the time and piece of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bbd, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The raeiWs in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shill apply the procoods of the ask in the following order: (a) to all expenses of the sale, including, but not limited s, Trusteo's fen as permitted by applicable law and reasonable attorneys' fear; (b) to all sums secured by this Security I and (c) any excess to the person or persons legally entitled to it. 20. Lender is 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 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. Reconveynce. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to recahvey 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 conveys= 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)l Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider Graduated Payment Rider ❑ Planned Unit Development Rider p Other(s) [specify) 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 itt.p. . .......................... . 1C...� (Seal) Steven Griiis- —ear .... . .`' ,�.11et f Y.... °.(.�/I�7Seal) Nancy G. Gr toes —a«m*w 9TATS Or Nr&aAsx& ........ ...... Hal. l ......................................................... county era: On. ......... 21st day of ...August.......... 1987.... before me, the undersigned, a Notary Public R St duly covandesioned and qualified for said county, ply came .....:.....�74R..Gi 1 ...Md-.i�t MY-- ...... G. Gristles, Husband and Wife, to me known to be the ......---- ...................., _ .. _.. ._ _ .............._ -----...............................---------.............------........ . identical person(s) whoa (s) are subscribed to the foregoing instrumerit and acknowledged the execu- tion tbersof to bo .............. e ........................................... ......................... -..... voltmtary act and dee& Witness my hand and notarial seal at ........G1:And.1Sl. and ............ ............................... in said county, the daft afmak" my Commission aaiu mum- . .. ........... ....... Orrht lh} Itt tie per iww, z We are an Equal Etnployment Opportunity/ Affirmative Action Employer M /F.