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86100543
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86100543
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Last modified
10/18/2011 6:26:46 AM
Creation date
3/31/2008 2:00:57 PM
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DEEDS
Inst Number
86100543
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11 <br />Noy%-UmFoRm COVFNA%7S Borrower and Lender further covenant md agree as follows: 86-100543 <br />". Acceleration; Remedies. Leader sboll gin notice ft Borrower prior to acceleratm following DerrowerN <br />breacii of my covenant or agreement in suds Security Instrument (hat not prior to sooclerstim under paragraphs 13 and 17 <br />mideas applicable law provides otherwise). Tie justice shall specify (a) the dedualt; (b) The action 1 F V - d se ewe the <br />defaft W a date, am Im than 30 days from the doe the notice is Owee to Borrower, by which the dedindit micas be cared; <br />and (d) that failure to care the default on or before she dose specified in the notice inut• teach inacceleratiosef the sums <br />seemed by this Security Instrument and sale of the Property- 7W notice AM further Wwm Bwmww of the ri4k to <br />re after secelersition and the .right to bring a court action to suet the won-exifteoce of a default or my saw <br />defense of Borrower to acceleration sad side. if tie default is not cared oo or befin tie dame sptxified in the notice. Lender <br />at its option may require immediate payment in fall of all sums seemed by tads Security Instrinsom without farther <br />demand and may uniwkethe power of sale and my other remedies pied by applicable law. Leader AM be entitled so <br />collect all tzpeuses incurred in pursuing the remedies provided in this pwagrao 19, isicledin& but am Hadited to, <br />reasonable attorneys' fees sad costs oftitle evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in curb county in wbich my partef the <br />Property is located a" shall mail copies of sea notice in the manner prescribed by applicable law to Borrower said to the <br />other, p— prescribed by applicable law. After the time reed -d by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Thee, without demand as Borrower, shall sell the <br />Property st public auction to the Ifigbest bidder at the tine said place and under the terms designated in the notice of sale in <br />are or more parcels said in any order Trustee deteradem Trustee soy postpone smile of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled side. Lander or its desigiate may purchase the <br />Property at my mile. <br />Upon receipt of psyrimt of the price bid. Trustee AA deliver to the purchaser Trustee's deed creveying the <br />Property. Tbe recitals in the TrustiWs deed shalt be prima facie evidence of the &a& of the statements made therein. <br />Trustee AnD apply the proceeds of the sale in the following order- (a) to all expenses of the sale, including, but met limited <br />to, Trustees fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums; secured by ibis Securi" • <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph I P or abandonment of the Property, Len- -x (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 />reconvry the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Truster. Trustee shall Teconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it- Such person or persons siuffl 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 :his Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the vale, 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 Instrumenit. 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 he incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the riders) were a part of this Securin, <br />Instrument. [Check applicable box(es)] <br />Adjustable Rate Rider <br />X, <br />7 Condominium Rider --4 Family Rider <br />-7 Graduated Payment Rider Planned Unit Development Rider <br />Other(s) [specify] <br />B)* SiGmNG BEL.ow. Borrower accepts and agrees to the terms and covenants contained-W <br />Instrument and in any rider(s) executed by Borrower and recorded ;tb it. <br />I Christensen <br />Cly <br />Wilma E. Christensen <br />this Security <br />( 'SCal) <br />—Borrower <br />r:! . ._(Seal) <br />—50rrvwer <br />]Space Nebw This Lee for AcknowkmigmeM] <br />STATE OF .... jllhrIfkq ................. <br />COUNTY OF ...................... I SS: <br />........................ a Notary Public in and for said county and state, do hereby certify that <br />and. Wilza. E.. C4r-isr-eusen ................ I ...... I .... I I . personally appeared <br />beforeme and is (are) know—, or proved tome to he rho- being infOTIMV-d -Fibe contents of the foregoing instrument, <br />have executed same, and ackno,xiedgcd said instrument to be - :0V-iZ- - . .. . .... 'ice and voiuntarn act and deed and that <br />(his. her. their) <br />.they ............. --Vc1ntd said instrument for the purposes and uses therein set forth. <br />(be, she, they) <br />-!v of .. .... .... 19. &6 <br />Witness my ba"' and official sew this ...................... jonijaxy, <br />My Cojiiniis,,jun Lr;ines: <br />7 "i (SEAL) <br />g= WAV jimew ------- - <br />C o <br />En An <br />i —IWi <br />
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