|
86-- 102717
<br />!Y(a \Uh1FOR4fCC ?v xa�isBorrower arid I_i- liderfur i her co »enan-, and agree aslollow-s:
<br />19. Acceleration; Remedies, Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breech of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and V
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; tb) the action required to cure the
<br />(� default; (e) a date, not less than 30 days from [be date the notice is given to Borrower, by which the default must be cured;
<br />t and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument sad sak of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration 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 and sale. If the default is not cured on or before the date specified in the notice, tender
<br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable 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 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, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Truccee, without demand on Burrower, 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 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 Trustees 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 shalt 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 fc) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 1'T or ahandonrncrt of the Pn,perty, i -ender fin
<br />person, by agent or by:udrcia!!y appointed recencr) ;halt be entitled !o enter L;[%);;. take rossessxni of and manage the
<br />Property and to collect the rents Of the Property including those past clue Any rents collected be Lender or the reccnrr
<br />shall he applied first to payment of the airs of management of the Property and c:oilection of rent,, including, but not
<br />limited tit, reccner's fees, premium; on recener s txinds and reas,mahlc attorney,' fees. and then to the sums secured bt
<br />this Secunty Instrument.
<br />21. Reconvey'ance. Upon parmrm „ f all st,rris ,ecured by this Security Irvin Littler)', I ender shall request Trustee to
<br />reronvey the Property and shall,uriende! rhis Security Instnunent and all n, :tesv%idencine debt secured by this Securty
<br />Instrument To Truster. Trustee shall recon%e> the Properi% wolxiut wa,ran?s and without charge to ti:e person or persons
<br />legal!y entitled ton Such person or persons shall pay ar} recordation cost,
<br />22. Substitute Trustee. Lender. at its option, may from time tr rime rernove I rustee and appoint a successor trustee
<br />to any Trustee apptanted hereunder Fly an ir%trumrnt recorded in the .runty in which ;his Securry Instrument is recorded
<br />Without conveyance of the Properiy, tier success,r trustee shall succeed to all The title, power end duir-, c,,nlerrrl spun
<br />Trustee herein and by applicable law
<br />23. Request for Notices. Borrower requests That copies ,tt the ",!Bees „t default and sale he sent to Borrower's
<br />address which is the Property Address
<br />u
<br />24. Riders to this Security Instrument. If (file ,r niir, r ndrr, are r•.ecutcYl by Bt,rrtiwer and recorded together with
<br />this Secant Instrument. the covenant, +nd agrcemen;s !,t each ,u, n rider sits*! ter lnc,,rp iratrd into and shall amend and
<br />supplement the cosenants and agrremccts e,f this Sr.unr) Instrument a, ,t the )'der! >) wcro a part of This Security
<br />Instrument (Check apphcaMr ba,cicw)l
<br />Adjustable Rate Ride, Condommtur; Ridti _ 4 Fami!s Rider
<br />Graduated Pa :nienr Rider
<br />Planned 1'ntt Drsr!opnirrlt Rrzler
<br />Oiheris) jslxclly]
<br />BY Slo'O1G BEtow N)rmwcr accepts and agrees to the terms and .< rnanrs eontamed in this Secunty
<br />Instrument and m any nder(s) e%ec•utrd by Born,wrr and recorded with it
<br />vaYk 4KCa .� (`waIl
<br />& ra,
<br />S I,)[ Nki3RVSAa
<br />On ihi, ' i n nett t,t y ,,
<br />• > i !, Irt,, i.c Lint •..icni 1, .< A .;, P,;n;;,
<br />duly cornrnis,noned and quan'.,d for and <.vut: s, T r. -nail,
<br />ri dt, �2U: 1 i1 �. n. - �. ,,,,�n t,. hr !•r
<br />identical per,onl,) lu,c ^.amt( i ,1, C :,tt =.iribed ,, „ <,;;tt' iIT u;r,rn! an l t.lr,ntl. 1p.a
<br />, i t lc, Uh(It,
<br />hereof tope ,„ur.tar, acv and I�Ckl
<br />Witness my hand and nwa rial eai ,u
<br />date afore•,, d
<br />1, k. •s
<br />lM 41 » us
<br />
|