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103720 <br />NoN I INIFf-MM I -ovf.Nk-,YT1, Hoorraiiiii Lender fnrl her C—Croang andagirc as foillow% <br />40., Acceleration. Remedies. Lender %hall give mice to Borrower prior tit screleiralion following Horrower's <br />Mfae envenom or mWeement in this Recurity, IfMrommt (hot tint prior in accrierotilon under paragraphs 13 sod 17 <br />valess Zilcow law provides otherwise). The notice ii W.i (*I the default; 00 the action required to core the <br />drfaa . fct a elate, oral less 1 so JII days f4, the dale the notice is gireo in Borrower, by which the ikfaute must ire cured; <br />and (ill that Influre to core the default on or before the date specified In the "Mice may result in acceleration Of the nums, <br />secured by this Security liencomorpt sod %.Wit of the , Property. The *Mice shop further inform Howrower of the right to <br />relantaft after acceleration anal Ilse riot in bring ■ court action to assert The non-"Istence of a default or any other <br />de cese of "arrower to sectiteratition a" sale. if the Winall In owl cared an or before the date specified in the notice. Lender <br />so Ift, aptioa may r"i immedli posymeal is fall of all sums secured by this Security Instrument without further <br />demoted and May lovoke the power of sale end any other remedies permitted by applicable low. Lender shell he entitled to <br />collect all expenses Incurred is pursoing the remedies provided In this paragraph 19, including, but not limited to, <br />reseooable afternieIr-,t it" said caatsuf.titk evidesce. <br />If the power of sale is Invoked, Trustee shall record a anti or default In each county in which any part or the <br />Prowl, y bi located sow shall man copies of arch Witter in the mat"wr prescribed by appliroble low to Borrower and to the <br />ntber pesstrne ~bed by &Wknb$t low. After the time required by applicable low. Trustee shall give public notice of <br />sale is the perwmo sod In the manner prescribed by applicable low. Trustee, without demand On Borrower, shall sell the <br />Property at public suction to the Muliesi bidder at the time and place and under the terms deoifitioutted in the notice Of sole in <br />one or owe parceft and in any orderTrustee determines. Trustee may postpone sale of all or any parcel of The Property by <br />pablic an mmmeift-ni at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property oil any wk. <br />Upon receipt of payment or the price bid, Trustee shall deliver to the parchmowr Trustee's tie" cotiveyinot the <br />Property. The recitals to the Trustee's deed shall be prime facie evidence of the truth of the statements mode thereto. <br />Trustee shall apply the proceeds of Ike sale in the following order-. In) in all experim-ot of the sale. including. but not limited <br />to Trustee's fees an permitted by applicable low and reasonable stforneys' fees: (b) to all quarin secured by this Security <br />Instrument, and(c) my excess to theperstion or persons legally entitled to it. <br />20. Lender In Possession. Upon Acceleration under paragraph 19 or abandonment of the Property. Lender (in <br />person. by agent or by judicially appointed receiver) shall he entitled to enter upi,n, take fx,%%ession 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 he 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 ti.en to the sums secured by <br />this Security Instrument. <br />21. Recooveyonce. Upon payment cot ail sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender Ibis Security Instrument and all notes evidencing dcht secured by this Security <br />Instrument to Trustee. Trustee shall rectinvey the Property without warranty and iiiii kharge in the person or persons <br />teptly colt tied to it. Such person or persons shall pay any records( ton costs. <br />22- Sub alitute Trustee. Lender, at its option. may from time to time remove Truster and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security In%trument is recorded <br />Without conveyance of the Property, the successor trust" shall succeed to all the title. rxiwer and ditties conferred upon <br />Trustee hi and by applicable law. <br />23. Request for Notices. Borrower requelln that copies of the nr)tvce% of f1cfaith and %ale he sent to Horrower*% <br />address which ts the Property Addre%s. lsll�of %irt-lier requesjS thit I (it tit(- no !rear of defiii <br />r party Ilert-to at the <br />e <br />recorded logrih r with <br />24. Riders to thk.% 'flu P <br />this Security fromirument, the covenants anti agreements of each such rider khall tie incinfumiled into and shall amend and <br />supplement the covenants and agreement!% of this Security In%truni ale of the rider(%) were a part of this Smunty <br />Instrument. (Check applicable box(es)] <br />[] Adjustable Rate Rider J Condominium Rider 2-4 Family Rider <br />r-1 Graduated Payment Rider <br />j Planned Unit Development Rider <br />El Other(s) (specify) V.N Guarantee-0 Rider <br />BY SIGNING BELOW. Borrower accepts and agrees to the term% and covenants contained in this Security <br />Instrument and in any rider(s) cAccuted by Bortower and recorded with it <br />(Seal) <br />ISOW4 Thoot Lbroor rw Achirrit-Wdr—ti <br />- -- <br />STATE Of NEI;ItASXA, i county -'s. <br />On this ... 7tb . . day of 19 8.6. Wore mc, the un&rso,-ned. i ',otary .Iqhlne <br />duty commissioned and qualified for ijid county, personally wmi Rona- D Disney arc? a �1. Disnev <br />........... . .. . ... ..................... 10 me known :0 ill, <br />idefflocal person(s) whose name ( %) are kubscrilled to the fori imiru.-tent end Acknciwled,rd th,: <br />thereof to he . 71�a - it; voluntary act find decd <br />I W-Inc%s my hand and notarial seal at . . . <br />dale aforesaid <br />My Commission crtpjS. Aq�l <br />RKEWER, RF%7PJV T;R!"WE'R, -o$4 <br />REOUEST FOR RI-CONN.'tY.A%�IC!: <br />ToTt its <br />The undersirroi Aft holder of the no.c or motel -.rizvrelf hp ibis Ilecd 'r-7%1 ,I. <br />with 311 rotitt tridtbte(!-itt% , -zu-cd by ih.% Lliced of 1 rust FJtv h -n r,- N <br />iiaw note or nooci, and tim, Dtied tit Trutt -hiii-14 are o,1,-r,c(; 'r r" J <br />"I JOU under to", Of' J1 "! I `Ul+ t" <br />