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86-- 102675 <br />Nc ?N- UNIFnRbt CaVENA NFIN Borrower and Lender further covenant and agree as follows: <br />19. Atcekradorr: Remedies. leader stall give notice to Borrower prior to acceleration following Borrower's <br />btreaeb of any covewt or sgreetnettt in "Seewity las&umeat (but nm iWor to acceleration under paragraphs 13 and 17 <br />wigs applicable law provides olberwise). The notice alitll specify: (a) the default, (b) the action required to cure the <br />defaoft (c) a date, not km than 30 days from the date the notice is given to Borrower, by which the default must be cured: <br />and (d) that failure to gore tie default on or before the date specified in the notice may result :n acceleration of the sums <br />secured by dds Security instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acedcratim and The right to bring a court action to assert the non - existence of a default or any other <br />defense of Borrower to acceleration a" ask. if the default is not cured on or before the date specified in the notice, Lender <br />at its option may require imuuediatt payment is full of an sum secured by this Security Instrument without further <br />demand and ray invoke the power of sale and say other remedies permitted by applicable law. Lender sball be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonbk attorneys' fees 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 tuna 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, Trustee 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 bigbest 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 We of all or any parcel of the Property by <br />Public announcement at the time and place of any previously scheduled sale. Lender 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 Trustees deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall 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 1Q or abandonment of the Property, Lender (m <br />person, by agent or by judicially appointed receiver) shall he en(itfcd 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, recaver's fees, premiums on receiver's bonds and reasonable anorncys' 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 />recrmvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trusteeshall 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 truster shall succeed to all the title, power and dunes conferred upon <br />Trustee herein and by applicable law <br />23. Request for Notices. Botroi4iii requests that copies of the notices tit default and sale ht sent to Borrower's address <br />which is the Property Address Bomn%er further requests that copies of the notice of default and notice id sale he sent to each <br />penon who is a party hereto dt tote address of such pers -ii set tnnh herein <br />24. Riders to this Security Instrument. if one or more riders are executed b% Ilt,rrouer and recorded together ,kith <br />this Security Instrument, the covenants and agreements of each such rider shall he ntct+rporated into and shall arncnd and <br />supplement the covenants and agreements of this Security Instrument as if the riders) were is part of this Security <br />Instrument. [Check applicable hoxtes) <br />Adjustable Rate Rider Condominium Rider '_ 4 f=amily Rider <br />Graduated Payment Rider Planned Unit Deveiopmrnt Rider <br />Other(s) (speedy] <br />BY SiQNiN'G BELOW, &)rrower accepts and agrees to the terms apd ;:)'mains contained in this Security <br />Instrument and in any rider(s) executed by Borrower and rn:orded with it <br />(Seal) <br />STATE op Ntsaanstta . ft;iLi. .....County <br />On this . ?nth day of 19 p r`, before me, the undersigned, a Notary Public <br />duly conuait<ioned and qualified for said county, personally carne ..... i:Pii i% ...�o_lc.t ,md <br />Carol A. Jolet , husband and wife to me known to be the <br />identical person(s) whose name(s) am subocribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to he . . C)ar.:ir . .._. . .._.. _ voluntary act and deed. <br />Witness my hand and notarial seal at rand I';1,i.id in said county, the <br />date aforesaid. <br />My Comtniasion ex eft <br />w i7ttstt fall (bi It vwriK <br />Wit ani an Fgttal Employmen. rt.unit) /A firtnatiye Action Employer INI /F. <br />_- istax. 000 T" L, i r,.. hckR Mder ni �i <br />