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I1 0 86, 102018 No%- UNrFoRbt COVEVA.NM Borrower and Lender further covenant and agree as follows: 19. Acceleration; Rennedies. Leader shall give notice to Borrower prior to acceleration following Borrower "s braleh of any covenant or agreement is this Somerity Instrnsent (but not prior to accekradoa under paragraphs 13 and 17 salsas Applicable law provides othereroe). The notice shall specify: (a) the default; (b) the action required to care the 1 9 11; (c) a date, not ken than 30 days from the date the notice is given to Borrower, by which the default must be cured-, and (d) that faihee to care the ddkuh as or before the data specified is the notice may result in acceleration of the sums secured by this Security Instrument and ask of the Property. The notice shall farther inform Borrower of the right to reiastn I after aoceietstisn and the right to bring a court action to assert the non - existence of a default or any other dah..a of Harrower to acceleration and sale. If the I 1 1- is not cured on or before the daft specified in the notice, Lender at be aMion may rWish imsedfaee payment is tall of all sums secured by this Security Instrument without further demand and may i avolte the power of eve and aq other remedies permitted by spplkable tart. Leader shall be entitled to collect all eapetses iaaawrei in pureeing the reateiies provided in this paragraph 19, iodediag, but not limited to, reememble attorneys' tea and emu of tick eviiemce If the power of oak is irohsd, Trustee shall record a notice of default in each county in which any part of the Property Is lacntul and shall salt copies of sm eh notice in the manner prescribed by applicable law to Borrower and to the other !sum prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the stammer prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the texas designated in the notice of sale in one or more petrels and in my 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 any sale. 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 prima facie evidence of the truth of the statements trade therein. Trustee shall apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument: sad (c) any excess to the person or persons 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 collect the rents of the Property including those put 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. Reconveyance. 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 an 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 sale be sent to Borrower's address which is the Property Address. 4�rr; r x r r 7 5 r » v r ��t i e r' iC f? ' iii' ti ti ._ tll�� ir6W ortiht� LVr" 91 ate e><eci Q 6y WjT' over andrrrecoi e 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 J 2-4 Family Rider Graduated Payment Rider u Planned Unit Development Rider 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 it. i . 717 ... �. -:. .G.:.r ................. ........................ ............................... (Seal) [Spate helot Thm lane For Aano.kdgmenfl , Y State of: County of: la k tiSs: On this .: _ . , day of 1� before me a Notary Public f ,, ...ip the State o �'" , personally appeared r:lr ax icr, to me personally known to be the pr>:orl(s) named In and who executed the foregoing instrument, and acknowledged that executed the scat as "'l` voluntary act and deed. my cantntasiam ix -tees: X :JjI'Aae '� ---- RICHARD VAN ZYL ^4