86103843 - Laserfiche WebLink

Browse

t 86-- 103843 NON - UNIFORM t DV F.N7ANTS. Borrower and Lender further covenant and agree as follows- 19. I eeeiera: On; Reasaillm Leander I" give notice to Borrower -prior to acceleration fouewing Borrower's bwokotmYcw,*WQFSI to acceleration under paragraphs 13 and 17 tlM� 4llkaik "hit► M+o ot�!wi e) "Fite "twtiee aiaN Rod (a) the ,aefatilt; (b) the action required to cure the l ae1B fc). a I�Ne, nsot htas tan 30 days Arum the "Ask 6911W IM is given to Borrower, -by which the default must be cured; still (d) tick faih11r a m; enre,tbe d UaWt a11 err before tie tiatde ttpec9fied in the notice puny result is acceleration of the Sam aeneed b Searelty ittktrnue�t swi scale of the Priperty The notice sbaU further lot" ;Borrower of the right to reiastatc after acciderMtioa Is the dslk to 1imut a court action to assert the non - existence of a default or, any other ielsnseo[ Borrmwer to aocelitatins Mild 911110. "Zahn tkfaalt s hat cured on orbefore the 'date specified in the notice, Leader at=.its: option Istay,tyyidre iatrpeliate MTV 10" (a 4 A sum secured by this Security Instrument without further deaituuashMtuslnwry iaeoke fire power of tltWestN nay "other remedies permitted by applicable law. Lender shall be entitled to cstlleet dl.e :!eases ecarrell pwrwnl" `the reateiies provided in this paragraph" 1% including, but not limited to, reronahle pttoraeys''Nes Mad costs of fink eviieace. If the power of sale is iavolted, Tnintee shall record a notice of default in each county in which say part of the Property Is located Mod s3Mll nail copies of susdn notice in the =saw prescribed by applicable law to Borrower and to the other !pramµ prescribed by applicable lnur- After =tie time required by applicable law, Trustee shall give public notice of ask to the persons Mad in the maser prescribed by applicable law. Trustee, without demand on 13orrower, shall sell the Property at public auction to the billi" bidder at the tale and place and under the terms designated in the notice of sale in ale or more ,Psr eJ$ and in nay order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by Public Announcement At the time and place of my previously scheduled sak. Lender or its designee may purchase the Property, at nay, sale. Upon receipt of payment of the price bid. Trustee sbau deliver to the purchaser Trustee's deed conveying the Property. Tie recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in die following order: (a) to all expenses of the sale, including, but not limited to, Trustee's few = permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 14 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon., take, possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied fast to payment of the casts of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receivers bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Recouveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 41 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee R to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title,'power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be sent to each person who is a party hereto at the address of such person set forth herein. 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)] v [3 Adjustable Rate Rider Condominium Rider a 2-4 Family Rider Graduated Payment Rider [] Planned Unit Development Rider Other(s) [specify] BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and record it it. 7. .................... .........................(Seal) Dan ' L , Za1 r Betsy S. aloudek...... ) STATE OF NRRitesrtA. -_.... ..Hal ) ....... ................County es: On this ........ 11th.... .... day of .....- .Ju1•Y..... . ..... 19. -86., before me, the undersigned, a Notary Public d> ly can Manned and quted for said county, ptxewnally came .... .......... ....................... I ............ ...... .----------- Dan e! l Zaloudek an Betsy S. ZaloudeK, husband and wife, to me known to be the _....... ° -- ... .. ... I ......... .. ............. .. ...... .._. -. - ......................... _ - ............................ I idenfwal person(s) whose names) are subscribed to the foregoing instrument and acknowledged the execu- tion thereof to be .. their voluntary act and deed. Witness my hand and notarial real at . .. ............. _I,sIand _ _. -.. in said county, the date aforesaid. My Commission e � ��#M 111rthta f5111Mf1t � BALEd /tin 6a f>, tfr.. Nol�ry i'ubac We are an Equal Employment Opportunity /Affirmative Action Employer M /F. ISPK# era.. Thm tH* Fa Acita m4dgm"ti _