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86-103894 -IJMFORM COVENA%T'� Borrower and Lender :urtiler c,-cnatll and agree as follo-1: 19, Acceleration: Remedies. Leader shall give notice to Borrower Prior 10 acceleration following Borrower's breach of may cove"al of agreement In this Security instrument that not prior to acceleration under paragraphs 13 and 17 unless applicable low provides otherwise). The spike shall specify: (a) the default. 1b) the action required to cu re the default, (c) a date, Not less *an 39 days from the date the stutter is given to Borrower, by which the default must be cured: and (d) that v result in acceleration of the sums secured by this fWAM to cum The defamit on or before the date specified In Ike notice may sga"ity 1*8"UM at and sak of the Property. The notilce shalt further inform Borrower of the right to reinstate after wctk"tion'NW the eight to bring a court action to Mme" the son-extielegice of a default or may other defense of Borrower to Its Option may acceleration sod sale. it The deffamilit Is not cured on or before the date specified 10 the notice, IMIdtir 41 rettaire himmedlete payment in fun of an soon secured by this Securltv Instrument without further demand and may Invoke the power oil sale and any other refinglitin permitted by applicable law. Lender shall be entitled to collect all expenses Incurred Is panning the remedies providled IN this paragraph 19, Including, but not limited to, reasonable attorney's fees and costs Of titre •evidefte. if the power of sale is Invoked, Trustee shall record ■ notice of default In each county In which any purl of the Properly Is located and shall man copies of such notice in the manner prescribed by applicable low to Borrower and to the other persons prescribed by applicable low. After The time required by applicable law, Trustee shall give public notice of sale to the persons and In The manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under Ike terms designated in the notice of sale In One Or more parcels and In any order Trustee determines. Truster may postpone suit Of III 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 prime facie evidence of the truth of the statements made therein. Trustee shall apply Ike proceeds of the sale in the following Order: (a) 10 all expenses of the sale, Including, but not limited to. Trustee's fees as permitted by applicable law and reasonable attorney's fees; (b) to all sums secured by Ibis Security Instrument, and (c) any excess to (he 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 Prope rty 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 attorney's 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 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 he sent to Borrower's address which is the Property Address. 24. Riders to this Security Instrume"l. 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. lCheck applicable buxtesil L-1 Adjustable Rate Rider Condominium Rider I . 2-4 Family Rider 7 Graduated Payment Rider Planned Unit Development Rider Other(s) [specify) VA Rider By SiuisiNo Brit ow. 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 (Seal) Michael D. Hill W—..` (Scalf Aleah, J. hi il STATE OF ------ SS. Hall' COUNTY OF a Notary pub Y ,Iic in and for said county and state, �to hereby certify' that personally appeared before me and is (art) known or proved to me to be the pcison(s) who, being Informed of the contents of the foregoing instrument, have executed same, and acknow ledged said Instrument to be the-Ir-, free and voluntary act and deed and that r the pwposc% and uses ±hcrein set forth executed wd instrument f, WItrrcis rrri hand and offsoal seal It- "LL - DENISE KAY tI3WIlY ,44 :K IV Itay of ig ho j, , `:. o u r *it