Laserfiche WebLink
' SON -UNtFi 1kM COVENAN'". Borrower and Leader further covenant and agree as follows: � 04188 <br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shalt specify: (a) the default; (b) the action required to care the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums <br />secured 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 Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may "ire immediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Leader shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale 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 copies of such notice in the m ssaw prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable taw, 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 said place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determiues. Trustee may postpone side of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Leader 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 fade evidence of the truth of the s atements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expeases 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. Leader in Possession. Upon acceleration under paragraph 19 or 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 Secunty Instrument, Lender shalt request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt starred 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 exists. <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 con veyan a 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 />Ll. Request fbr !Notices. Borrower requests that copies of the notices of default and sale .be sent to Borrower's address <br />witirh is the Property Address. Borrower further requests that topics of the notice tit default and notice of sale be scmtoeach <br />person who is a pally hereto at the address of such person set forth herein <br />23. Riders to this Security Instrument. If one or mare riders are executed by Borrower and recorded together tkith <br />this Security Instrument, the cot enants 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. lCheck applicable box i es 0 <br />Adjustable Rate Rider Condominium Rider ` 2-4 Family Rider <br />Graduated Payment Rider -- Planned Unit Development Rider <br />Other(&) [specify] <br />BN, SIGNING BEl ow- Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) e,ecuted by Borrower and recorded with it. <br />a <br />i) r / <br />_.....,.:. 1;....._... s..:?c4.cyr- ` ...... .............(Seal) <br />Assn M. t'orderstrasse <br />_ ... .... _ ..... . ......._.- ._.... ._...., ..- ..._ ...._...,. {'Seal} <br />— 6a*cn.e. <br />RTATz of '.'>r rpkmKA <br />On this . ZLh day Of ;.,,,:,t 19, ii.., )More me, the undersigned. a Votary Niblic <br />duly commissioned and qualified for said ctrunty, personally tame __..t# ._M, Ystzde [xtsat€scz .. ............._.... <br />a unwarriud - p�zsc :, _.., to me knotvtt to be the <br />identical person (s) whose nimio air i are sulmrrilred to the foregoing instrument and acknowledged the execu- <br />tion thereof to he 1wX _._. -. voluntary act and deed. <br />WitneAs nay hand find notarial seal at 'r,ln.+i I,„;l,arld, Nebrup 4. . .. in said count;; the <br />date aforeuaid. <br />MY C�orttmiae,orn ex}ri <br />rfAKV�lIt M ItltsM EW4 G'OMM� t• SAl..- <br />We am nit C:r;taal rMpl ovnwrit t°tppir rtimitylAtfirmstivp Action Emplover Mi-'F <br />�{ps.n !M�n. tow i.y e,r. MkngrYMipwinet - _. , ... <br />t <br />