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86--. 102921
<br />NON (.3'NW,A.V Cfs',,! N,",, aritJ J CLlfr and ailrec its follows:
<br />19. Accelerative, affstrifirti , Lender ►011 give 0064-C to likarrower prior to accelcralitan following Borrower's breach or
<br />MYI=emo or spariefer t is Ink Security Inleassrat abut not prior to acceleration under paragraphs 13 and 17 unless
<br />provides odivarwiseli The wid" 0#0 fprdfv: (sli the default,. fb) the action required to cure the default; (c) a
<br />doft. ON hour olives 30 days keen the 4W the 0116ce In Oca to Borrower. by which the default must be cured; and (d) that
<br />fallen 10 cum We dI I a on or Wore the dew specified is the under may result in occelters"on at the sum secured by this
<br />secoolly Isslewdl and sole of the Property. The nottlee 00 fordw Inform Borrower of The right to reinstate after
<br />P and Or right to bring a,~ willos, to muri The noaexipence of a defook or any other defense of Borrower to
<br />I and wk. H she d~ to Not cm an or before The deft specified in The nod". Leader at Its opdom may
<br />It Issued&* paymmo In full of sal sum sewed by 06 Security Instrument without further demand itsid may Invoke
<br />dar power of sells, soull my ~ vonsailles permitted by appbc&W low. Leader filing be eallided to collect all expenses [warred
<br />n pmraaimg ft resole .. provided in this paragraph 19, Including, but not limited to, reasonable attorney's fees and coos of
<br />111de evidence
<br />K the power of ask is Invoked. Troafte shall record a notice of default In each county In which any par of the
<br />Property Its Isessesil and 9W maill copies of sack notice in the manner prescribed by opplicabie law to Borrower and to the
<br />other If@ a peascribed by applicable low. After the time required by applicable low. Trustee shall give public notice of sale
<br />to the persons and to The meaner prescribed by applicable law, Trustee, without demand on Borrower, shall sell the Property
<br />at palliate mordsto to The highest bidder at the time and piece and under the terms designated in the notice of sale In one or
<br />awe putricels and in my order Trustee determines. Trustee may postpone sole of oil or any parcel of the Property by pubik
<br />namommcempt of the time end piece of may previously scheduled sale. Leader or its designee may purchase the Property at
<br />my wk.
<br />Up" receipt of payment of the price bid, Truster shelf deliver to the purchaser Trustee's deed conveying the Property.
<br />The recants Is the Trosiler's deed 9W be prima fack evidence of the truth of The statements made therein. Trustee shall
<br />apply the proceeds of the ask IN the (allowing order: (a) to oil expenses of the sale, Including, but not limited to, Trustee's
<br />fees as permitted by applicabite law and reasonable attorney's fees. (b) to all sums secured by this Security Instrument: and (c)
<br />My excess to The person or persons leggy entitled to It,
<br />20. Leader In Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person,
<br />by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and
<br />to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied
<br />first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's
<br />fees, premiums on receiver's bonds and reasonable attorncy"% fees, and then to the sums secured by this Security Instrument.
<br />21. Reconveysisce. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument 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. SubMatt Trustee. Lender, at its option, may from time to time remove Trustee and appoint a Successor trustee to
<br />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. Reftwo for Nodose. Borrower requests that copies of the notices of default and sale be sent to Borrower's address
<br />which is the Property Address.
<br />24. 11111dere to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this
<br />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 instrument.
<br />[Check applicable box(es))
<br />❑ L
<br />J Adjustable Rate Rider Condominium Rider 2-4 Family Rider
<br />❑ Graduated Payment Rider Planned Unit Development Rider
<br />f7 Other(s) [specify)
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and
<br />in any rider(s) executed by Borrower and recorded with it.
<br />(Sea))
<br />Donald B. Black
<br />Marie R. Black
<br />-------- I - - - __ [s, lki rl,. I : Fur A:kn�
<br />STATE OF SS
<br />COUNTY OF —
<br />)lull
<br />1, a Notary Public in and for said county and state, do hereby certify that
<br />— Donald -8. -81 personally appeared
<br />before me and is (are) known or proved to me to he the person(s) who, being informed of the contents of the foregoing
<br />instrument, have executed same, and acknowledged said instrument to be free and voluntary act and
<br />deed and that he _.Y_.___ --- __ __ , - - ___ executed said instrument for the purposes and uses therein et forth
<br />Witacm, my bead and official seal this
<br />My Commi"foo lExinres:
<br />—
<br />— P 1111111110.
<br />0,1 'K S"
<br />ovosg K&Y LOWNT
<br />day of 19 86
<br />7;�
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