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86-- 106322 E" NONUNIFORM COVENANTS- Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of may covenant or agreement In this Security Instrument (but not prior to acceleration under paragraphs 13 and 11 ankss applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure Ike 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; and (d) that is fallorc to cure the default on or before the date specified In the notice may result in acceleration of the sums secured by this }, Security [Internment and sale of the Property. The notice " further Inform Borrower of the right to reinstate after acceleration mud the right to bring a court action to assert the amntxlsleace of ■ default or any other defense of Borrower to acceleration and wk. H the default In not cured on or before the dote specified In the notice, Lender at its option may require immediate payment in fell of all slums see ared by this Security Instrument without further demand and may Invoke e the power of sale and any other remedies permitted by applicable law. Lender shell be entitled to collect all expenses incurred E' in pursuing the remedies provided in fhb paragraph 19. Including, but not limped to, reasonable attorney's fees and costs of title evidence. It the power of sale is Invoked, Trustee shall record m notice of default in each county in which any part of the Property is located and shag mall copies of such notice in the manner prescribed by applicable law to Borrower and to Ike 1 other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sal 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 piece and under Ike terms designated in the notice of oak 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 announcement at the time and place of any previously scheduled sale. Lender or Its designee may purchase the Property at any ask. Upon receipt of payment of Ike price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The redtab 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 ask is 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 attorney's fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legany entitled to it. 20. Leader 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 i 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. Reconveyeace. 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. I2. 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)] • Adjustable Rate Rider C Condominium Rider 2-4 Family Rider • Graduated Payment Rider Planned Unit Development Rider • Other(s) [specify) BY SIGNING BELOW, Borrower accepts and agrees to he t rms danTs cU ecurity Instrument and in any rider(s) executed by Borrower and recorded with i (Sea)) George A. Poullos 1;?V� (Sea)) – eorto »� Jody J. Poullos (Spa Brio. This Lill For Acko kdg mmu STATE OF — D)e1Wa 4r. --. SS: I Hall COUNTY OF 1, "hQ 4Res'' a a Notary Public in and for said county and state, do hereby certify that 4 personally appeared i before me and is (are) known or proved to me to be the person(s) who, being informed of the contents of the foregoing instrument, have executed same, and acknowledged said instrument to be their free and voluntary act and 1 - - m,,, ha, man deed and`that they executed said instrument for the purposes and uses therein set forth. ft. 31 at Uctober t Witness my hand and official seal this _ __— day of . 19 -.86 n, My Commission E!ires: t )c c ; JML NOTARY SUm 01 MIOraIa i t DENISE KAY LOWRY _ �� '!�� ✓ � r MY to wL E 19P Notary Public This instrument was prepared by