Laserfiche WebLink
86, 104237 <br />NON-UNIFORM COVENANTS. Borrower and Lender further Covenant and agree as 1`0110147s: <br />19. Acceleration; Remedia. Leader " give notice to Borrower Prior to acceleration following Borrower's <br />lueselh of any covalent or ligregmew in this Security lastrament (but W prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default-, (c) a date, not less than 30 days from the daft the notice is given to Borrower, by which the default must be cured; <br />sad (d) that failure to cwt the default on or before the date specified in The notice may result in acceleration of the sums <br />mewed by ;this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other <br />defense of Borrowerto acceleration and ask. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may require immedliate payment in full of all sum secured by this Security Instrument without further <br />demand and may invoke the power of ask and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing the remedles provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of tide evidence. <br />If the power of sate is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail coon of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 OT abandonment of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession 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 be 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 then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to trustee. Trustee shall'reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the•title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es),l <br />Adjustable Rate Rider <br />7 Condominium Rider 2-4 Family Rider <br />Graduated Payment Rider L77 Planned Unit Development Rider <br />Other(s) [specify] <br />Ackn(vIedcei-lient <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contamed in this Security <br />Instrument and in anv rider(s) executed by Borrower and recorded with it. <br />C_` <br />................................................ .... cc. (Seal) <br />CUFTTS 14. MICFFY <br />......... ... ........ ........ (Seal) <br />FAFRT E. MTCKFY <br />(Space "ow This Line For Acknowledgment) <br />STATE OF . . - "RMSKA .................. <br />COUNTY OF ... <br />HALL . ........................ I SS: <br />25th day of July, 1986 <br />The foregoing instrument was acknowledged before me this ............ — I ..... I . ...... * ... ......... <br />by ....Curtis <br />... !�4 r.t.i' s. tit. dickey . . and �I . a r . y . . E Mickey . . . . I . w I s . b i . i . ti . d and wife (d ate <br />(Person(s) acknowledging) <br />OF INFORM I <br />ry *=0=411111111 <br />(SEAL) <br />N o Plibilc <br />Ibis ptct,Arvo f,v <br />