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<br />86- 105460
<br />NI INIiNII(IRM1, i %1NANiS 11il rrnw' et And U,rnilerruribercovenaitl,Intl igft- a%fnhlows
<br />19. Acceleration; Remedies. Lender shall Rive notice to Borrower prior to acceleration following Borrower's
<br />breach of may envessal or aRreewenl in this Security Instrument abut not prior to acceleration strider paragraphs 13 and 17
<br />unless applicable law provides otherwise).'I'he notice shall specify: (a) the default; (h) the action required In cure the
<br />defauNt (c) a date, unit tester than M days from the date the notice is Riven to Borrower, by which the default must he cured;
<br />and id) that fallm to cure the default on or before the date specified in the notice may result In acceleration of the same•
<br />sewed by this Security Instrument and sale of the Property. The nntfer shall further inform Iktrrower of the right to
<br />reheatate trier eccelendit►ti and the right to bring a court action to assert the non- eldstence M a default or any other
<br />611eMae of lillm"werto acceleration stall sale. If ft defeat# Is not cured on or (►efrwe the dale specified in the notice, Lender
<br />M Its opftan may Moire leme"e p•yatettt in fall of all soma secured by this `ecurity Instrument without further
<br />d6mmul and Mtsy, iavebe the power of itak and any otber remedies permitted by applicable law. Lender shall be entitled to
<br />called all expenses (scarred to pursuing the remedies provided In this paragraph 19, Including, but aM limited to.
<br />reaesaable #MofaeW feed and enatn of title evidence.
<br />If the power of sale is invoker(, Ttnastee shall record a notice of default in each county fa which any part of the
<br />Property is /neait" and shell mall copies of such notice is the manner prescribed by applicable law to Borrower and to the
<br />other PC loo pruert►ed by *Wkabk law, After the time required by applicable law, Trustee shelf give public notice of
<br />sale to the persmut tied In the manna prescribed by applicable law. Truster. without demand an Brrrnwer. shall sell the
<br />Property so publle wctiea to the Mldtesf bidder at the time and piece and under the terms desittnalM in the notice of title in
<br />irate er tiitere parceM and in any order Trustee determines. Trustee may pnspnne sale of all or any parcel of the Property by
<br />public amunuucemetit at the lime and place of any previnualy scheduled sale. (ender or Its designee may purchase the
<br />Property at my sale.
<br />Upon receipt of payment of the price had. Trustee shall deliver In the purchaser Trustee's deed conveying the
<br />Property. The recitals In the Trustee's deed shall he prime facie evidence of the truth of the statem•rnrs made therein.
<br />Trustee shall apply the proceeds of The ale in the fotlowinR order- (a) to all expenses of the sale, Including, but not limited
<br />In. Trustee's fees n permitted by spplicable law anti reasonable attorneys' fee %• (bi to ail sums secured by this Security
<br />Instrument,, and (e) any excess to the person or persona legally entitled to it.
<br />20. Leader In Possession. Upon acceleration under paragraph Iq or abandonment of the Property, Lender (tq
<br />person, by agent or by judicially appointed receiver) shall he rnlitled to enter upon, take po%%esston of and manage the
<br />Property and to collect the rents of the Property including those Pao due Any rem% collected by Lender or the receiver
<br />shall he applied first to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited in, receiver's fees, premiums on receiver's broads and reasonable attorneys' fors• and ii,en to the %utn% secured by
<br />thts Security Instrument.
<br />21. Reentiveyeaee, Upon payment (,fall sums wcund by this Security Instrument, I rndcr shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by thus Security .
<br />Instrument to Trustee Trustee shall recenvey the Property without warranty and wu hout s hxrge to the person or persons
<br />legally milled to it. Such pacr%cm or person shall pay any recordation cost%.
<br />22. SsbatituteTrustee. Lender, at Its option, may from time to lime remove Trimee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Recunty Instrumenl I% 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 taw.
<br />23. Request for Notices. Borrower requmis t at copies of the notices of default and sale he sent to Borrower's
<br />address which ls the Property Address. PA r ur[+neer rreequeNt4 that co►le of the notices of de.�au
<br />24. Rlden to this Security instruttilF t rte friii�J;t4� iW 4eAxJ 9Qn�ti(�ip_� Pottle hggrih ri at t e
<br />n tF M1YRhttolUF roc rirded to ether with
<br />this Security Instrument, the covenants and agreements of each such nder %hall Fir mcorpornied into and shall amend and
<br />supplement the covenants and sgrerments of this Security Instrumem as if the ridrr(s) were a part of this Secunty
<br />Instrument (Check applicable booties)]
<br />Adjustable Rate Rider 1-7 Condominium Rider ❑ 2-4 Family Rider
<br />[] Graduated Payment Rider _' Planned Unit Development Rider
<br />[� Olhcr(s) (specify)
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained In this Security
<br />Instrument and in any nJer(%) executed by Borrower and recorded with it
<br />tw �" r
<br />4...L�4. :..,.1LlCt :t ....... (Seal)
<br />DALI A. CALLAWAY t. �or•o.al
<br />ISca1)
<br />1.1 NDA A. CAl.1_AIdA a� •o..•
<br />- — -- ISewo MUsm ArlwwiefelMMl - - -- --- —
<br />STATr of \taRASXA, 1 ?311 County s
<br />On tho, 190-k. day of September 19 Rh . bc(orc MC. the undt(si;neC. a NLItary
<br />.. I
<br />duty commissioned and quabfied for surd county, personall) came !)ale A. Callaway and
<br />J.ipda .K. ,Gallaway,_ ,liusband..and a fe to me k„ wr -o — in,
<br />idetitteal personft) whose named are wbscnhcd to the lorcgomd nn %iru-n :nt and acknowltd,td the :scurtwn
<br />thereof to be their voluntary act and decd
<br />Wdnt %S my hand and notarial veal it t %rand Isl :and a..1
<br />date aforesaid.
<br />i
<br />My Commission cxpifes. Au};ust 10, 1988 ,
<br />..__....__ ---°� 9FV('.KI.�' J. BF?z•'"'�{f wu.ti ... , _
<br />svtx,,tz ,
<br />totalizator Murion p eEtlFttili l671rT.
<br />arx� RE:L)UES f l 1 Ovyl} .
<br />,
<br />The underlined is the holds of the no,e (w notes :rcured by this Deed of I r:ct C_I,! I
<br />with all other Indehlee itwt ••a'td by this Deed of l rU!,t havr N en P.,I,i In f,.'i \ ,
<br />said note nt males and this Dred of Tlu%t which rut di :hvrrtc: rice y i -Id „ r,,, 1,:
<br />ett.ait row held by you under th,y Or,d •d Ir,oil to tht h ?rl,t- .r r,, •• ,
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