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NON- UNIFORM COVENANTS. Borrower and L 19. Acceleration; Remedies. Leader sbdl 1# breach of any covenant or lament in this Security l miler applicable law j provides otherwise). Tice" awk default; (c) it date. not less thee, 30 days from the date 86— 10386 der further covenant and agree as follows: notice to Borrower prior to acceleration following Borrower's strument (but mot prior to acceleration under paragraphs 13 and 17 shall specify. (a) the default; (b) the action required to cure the ee notice is given to Borrower, by which the default must be cured; date specified in the notice may result in acceleration of the sums roperty. The notice shall further inform Borrower of the right to )tart action to assert the non-existence of a default or any other ult is not cured on or before the date specified in the notice, Lender -_ ,_, �.. ,_,, if all sutras secured by this Security Instrument without further depend and say invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect a6 expenses incurred in persmiag the remedies provided in this paragraph 19, including, but not limited to, reasonable attorneys': fees and costs of title evidence. If the power of ask is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the mouser prescribed by applicable law, Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time sad place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The 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 the following order. (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; sad (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 19 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 first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. 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. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee 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 shalt 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. 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)j Adjustable Rate Rider ,! Condominium Rider 2-4 Farms Rider Graduated Payment Rider Planned Unit Development Rider Other(s) [specify] f�Lkt:cxvleCicteIIEnt 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 recorded with it. (Seas) — [sv+ae Below TMs line Fm Ackmwledpnent] .(Seal) -.B�..— STATE OF ..... NA, b,r4roIV! .......... .... SS: COUNT! OF ...... flit<].1 ......... .... The foregoing instrument was acknowledged before tie this ..... t.l th day of .lu 1 y 198(, by ....ij}ttfne,.E. Coates and l(ftibe -01 R. Coates, husband and wifcidate) m —w (Person(s) acknowledging) My Commi'm t4) I jt .. (SGAI.) Noe.;n F' },Laic rhi,