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E 106000
<br />NON•UNIFQRM COVENANTS. Borrower and �nda further covenant and agree as follows:
<br />19. Acceleration; Remselin. Lender dkall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement In this Security Instrument (but Pat prior to acceleration user paragraphs 13 and 37
<br />unlon sW cable law provides otherwise), The Polka shadI specify: (a) the default; (b) the action required to care the
<br />dolaultl (c) a date, act leas than M days from the date the notice is given to Borrower, by which the default most be cured,
<br />and (d) that fallurs to care the default on or before the date specified In the notice may result in smolorallon of the
<br />secured by this Security Instrument and ask of the Property. The notice shall farther Infarm Borrower of the rat to
<br />reltstak after acceleration and the right to bring a court action to assort the non-existence of a default or any other
<br />defense of Borrower to acceleration and oak, It the default is not cured on or before the date speclfiW in the notice, Loader
<br />at its option may require immediate payment in fall of all sum neared by this Security Instrument without further
<br />demand and may invoke the power of ask and any other remedies permitted by applicable law. Leader shall be entity to
<br />collect all expenses incurred In pursuing the provided In this paragraph 19, Including, but not limited to,
<br />reasonable attorneys' Pecs and costs of title evidence.
<br />If the power of sale is Invoked, Trustee shall record a notice of default in each county In which any part 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 applicable law, Truster shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable law, 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 parcel of the Property by
<br />public announcement at the time and piece of any previously scheduled sale. Leader or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein,
<br />Trustee WWI apply the proceeds of the sale In the following order: (a) to all expenses of the sale, including, but not limited
<br />to, Trustee's fees as permitted by applicable law 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. Lender 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 />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Listrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey 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. Substitute 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 the 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 address
<br />which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be sent to each
<br />person who is a party hereto at the address of such person set forth herein.
<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(es)]
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />❑ Other(s) [specify]
<br />BY SIGNING BELOW Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />William C. Rockford — Borrower
<br />' n.. ti�'. V:,.:y:.:.......... �y. 4:.......{..:::: i.. �...�' ...................(SCaI)
<br />..• anine J. Rockford Borrower
<br />Hall ...
<br />9'rA�re or NautaAtslcn_ ..... .........__......__............ .................County see:
<br />On this .......... .....Zth....... day of .... Qr,.Nher.......... 19...87., before me, the undersigned, a Notary 'Public
<br />duly commissioned and qualified for said county, personally came ............. ...............................
<br />Wil.l),aW„ ,,.,Rgc(Cford.,and., Jean.ine._J,.,. Rockford. husband_ and_.wife,e,....... to me known to be the
<br />identical person (a) whose name (a) are subscribed to the foregoing instrument and acknowledged the execu-
<br />tion thereof to be ........thRi,r ........ ......... ........................................... voluntary act and deed.
<br />y ........ Grand :[Bland in said county, 'the
<br />Witness m hand and notarial seal at ............................ ...............................
<br />date aforesaid.
<br />4
<br />My Commission e: i
<br />L, C NoUry Public
<br />W a mp oyment Opportunity /Affirmative Action Employer M /F.
<br />.___.,_..___ . laiyace aelow This Lwo For Acknow4ftmetill -.
<br />M
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