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r <br />QQS_ lU4 <br />NoN- UNIFowki CO' UNAtiiS I3orTOWtIllMW Lend :' !urrher Covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />betaeb of any covenant or agreement in this Security instrument (but not prior to acceleration under paragraphs 13 and 17 <br />uutless applicable law provides otherwise). The notice shall specify: (a) the default, (b) the action required to cure the <br />default; (c) a date, mot less 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 cure the default on or before the daft specified in the notice =!!y tesnIt in acceleration of the sums <br />secured by this Security Instrument and sale 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 or, or before the date specified in the notice, Lender <br />at its option nay 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 persona and In the manner prescribed by applicable law. Trustee, without demand on Borrower, 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 rectipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recital's in the Trustee's 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 IQ or abandonment of the Property. Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled t, enter upon. take possession of and manage the <br />Property and to collect the rents of the Property including those past die Any rents collected by Lender or the receiver <br />shall be applied first to payment of the costs of management of the Properly 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. Reeonveyanee. Upon payment of all sums secured by this Secunty 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 sha11 reconvey the Property without w'arraniv and without charge to the person or per%,ons <br />legally entitled to it Such perain or persons shall pay any recordation costs <br />22. Substitute Trustee. Lender at its option, may from rime to time removr: Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Securty Instrument t% recorded <br />Without conveyance of the Property, the sac .msr:r trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law <br />23. Request for Notices. Ntrrower rrqurstc that cop,n of the notice-% of default and sale he cant to Biirrow'er'% <br />address which is the Property Address <br />24. Riders to this Security Instrument. If me ,.r more nderti are executed by N)rrowrr and recorded together with <br />this Security Instrument, the mvenant% and agtecrnen!% Of each such nder %hall he incorporated into and shall amend and <br />supplement the covenants and agrcenents .,f chi. Securiiy Instrument as if the nder(%) were a pan of tht% Securty <br />Instrument (Check apphcablc box(es)1 <br />Adjustable Rate Rider Condominium Rider 2 -4 Famils Rider <br />Graduated Payment Rider Planned Unit De�cl1>pmeni Bider <br />Other(s) {specify �.. ,. - - . <br />BY SIGNING BFLink Bi)rrewer accepts and agree% ±:, the ;crins and ;ilvenants contained in this Securty <br />Instrument and in any nderts i executed by B;.r,ower anal re r:rded wirh .t <br />�J <br />?,,:rr ^� .,. (Seal) <br />- Sc.•cwe• <br />- -- .-- --- -. ._ - <br />!Spe,. tsew r*,. L— Fa ♦cknow,eft, r ; <br />.- <br />1. . . . . . . . . . . . . . . . . . . . . . . <br />. <br />.. . <br />. n. 1.'.' <br />...Y,...•.�. +. 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