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$6-- 104005 NON`- UNIFORM COVENANTS. Borrower and [eoderfurther covenant and agree as follows: It Aoedesati Remedies. Lender ahmB,'give notice to iitorrower prior to acceleration following Borrower's brescb otany covenant or 0 iR"Security Imbinnettt (but not prior to acceleration ender paragraphs 13 and 17 unless applicable law prodies otberwbe). The notice shall specify: (a) the default; (b) the action required to care the detsult; (c) a`dale, set lobes then 30 days *on the date the notice is given to (Borrower, by which the default most be cured; and (d) that failure to cure the defaak oo or before, the date specified In the notice may result is acceleration of tbe- -sums seemed by tbb Security InsfrUNNW and sale of the Property. Tbe,notice shall further inform Borrower of the right to Fr rei wo" after acedWStiatt and tbe' ri* to Ming a cam action to assert the non- existence of a default or any other dafemse of.Herrower to aeeekritdott aid nk: It the defssdt is not cured on or before the date specified in the notice, Lender at !ts option aW,F *40 a imtm Wkft payment in full'of all smtms'secured. by this Security Instrument -without further smi may imvske the power of ade and MY other remedies permitted by applicable law. Leader shall be entitled to collect ON eipenses htcarred in p remeleAl 'Awnew the remedies uessadcasaofHtkevidence. provided in this paragraph 19, including, but not limited to, of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and sball quail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applitst6de law. After the time required by applicable law, Trustee shall give public notice of ask 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 bigbest bidder at the time and 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 snnoeaeemest 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 z Instrument; and (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 receivers 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 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. 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)] ( i Adjustable Rate Rider [] Condominium Rider El 2-4 Family Rider ❑ Graduated Payment Rider 17 Planned Unit Development Rider XNaOther(s) [specify] Acknowledgement 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 recor ith it ............................. .... .. ( Seal ) Ronald M. Lovegrove — Borrower &7c ...... Beth A. Lovegrove O — ao•rower [space Below This Une For Ackrmwledgm tl -- STATE OF . .... NF,BRASIiA ........................... COUNTY OF HALL SS: The foregoing instrument was acknowledged before me this........ 18th clay of July, 1986 .. dd.aa ............................. by ._120naId M. Lovegrove and Beth A: Lovegrove, Husband and h'ifcte) .... (person(s) acknowledging) My Commission cxpires: � IIIIt M � tt1iAN A. /ttT w ititr► 4 IM It 1A :. f .......... (SEAL) Notary Public Thin inrr,nne!a wa; p:rpared by .... i1J.:. licrl' isCl .............................. ......................