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103632 <br />NONUNIFORM COVENANTS, Borrower and Leader further covenant and agree asfollows: 86-- 102831 <br />1l. Acce krstloa; Remedies. Lender shalt - gibe notice to Borrower prim to acceleration following Borrower's <br />. <br />brumes of any covenant or agreement to this Securitylnstrament (butaot prior to acceleration under paragraphs 13 and 17 <br />t <br />mma 1111110#001k 41 Otbenrise). The notice default; (b) the action required to cure the <br />'" se <br />k,� <br />from the late all <br />defwlC, itkn hats. snot isf!y►ea)tthe <br />thruiJ8 gi o I+<orrower, y whici tbadefiatlt most be cured; <br />anti (d) Hliq hdlare to cue the default ON or before *e deft apeciBed to the notice Wray, result in acceleration of the stops <br />z <br />sacnred by -this Security nstrument and sak of "the <br />ty Property. The notice shall further inforut Borrower of the right to <br />relttstnit titer acceleration and the right to bring a coact action to assert the non- exiatenee of a default or nay other <br />deface of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may require Immediate payment la felt of sums secured by this Security Instrument without farther <br />demand smi'may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collet (& expenses incurred in pushing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fen 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 wait 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 maaaer prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the btaitest 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 ask. <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 shall apply the proceeds of the sale in the following order. (a) to all expenses of the ask, 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. Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled 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, 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. Reeonveyasce. 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. 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 trustee shall succeed to all the title, power and duties conferred upon° <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this 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 <br />Instrument. [Check applicable boa(ct)] <br />Adjustable Rate Rider ` Condominium Rider 2-4 Family Rider <br />[] Graduated Payment Rider Planned Unit Development Rider <br />** <br />Others) [specify] <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />a <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />John E. McConnaha <br />,: <br />..:.`' � . �-- <br />............... <br />Teresa L. McConnaha -� <br />—_ -- (SP+ aeb cow ime Fm rtc►ncwWv *n1 <br />STXfF OF ? i1-BPA -SKA . ................ HALL ............ y ss <br />On t h , s ..... 29t11 . day o f .. MX .............. 19 f36 . , before ire, the <br />utx9ersigrird, a Notary F11.3-Air: duly commissi.onod and qual tied for said county <br />John E., nah <br />McCona and Teresa L. McConnaha, Husband and Wide <br />persona Ilye carrit- ., <br />...... to rise known to he the <br />identi ^.al ;�rscxii =_s ��hcs<: nanrtcl :_+re s�it�scrtl� to the forcqotny instrunient <br />and ackrR-�;Iedgi -d the e.Kec^at.,on rh :F to r>f ..their of Antaty act .3rx3 <br />dee -Q . <br />Lsaid <br />Wrtr.rss rw and aryl rx,tar ial ,t•« a' rand Island JAI <br />, our i <br />} <br />......... <br />t <br />iat� wtasv -aiN� d ilti.a,a. ' <br />()OLOWS M. SEPG {R <br />Nor 0 6Mn fist t t I e <br />