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86- 106558 tin "we me mft A pecitiml in the notice my remit in *ccaleri�thm of thc iname ms sale Of 62 POOPeki The 00*e:W" further Inform Borrower of the ntyYtto ldid� tin rillibt-,whriat a court Action to Assert the non-existence of At defeaft or any other S"ui& lf the ,defaok Is "tamed on or before the deft speelfied In the notice, Lender at' MME ma .4 yrequir .,Poynew Who of'aff sums seemed= by this Securl ty inatruntentwitiumt,farther deunani aN urq iuvuke the Mover of sale nod any other WOOO" by applicable law. Perna Leader shall'be entitled to cow all" id the room" provided in tics paragraph 19, including, bat not limited to, few and cab of title evidence If tha Vaulr of sale is hm*04 Trustee shall record 2 Notice of default in each county in which any part of the property is located and shall WWI copies of Suck notice In tin mom prescribed by applicable law to Borrower and to the Other fermi prescribed by applicable law. After the dw requited by applicable law, Trustee shall give public notice of sale fO tie le i es and In the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at PWWk Auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or owe Pe rcels and in any order Trustee determines. Trustee may postpone sale of all or any pared of the Property by public Announcement at the time And place of my previously scheduled sale. Leader or its designee may purchase the Property at my smle• UPON Fcceilm Of PRYINeXt Of the price bid, Trustee shall deliver to the purchaser Trustees deed conveying the Property. 714 recitals in The Trustee's deed shall be prim 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, Tf=tW$ fees As permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument and (c) my 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 or management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable atto'rneys' fees, and then to the sums secured by this Security Instrument. 21. Recooveyance. 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 SecarityInstrument. 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 ridcr(s) were a par'r, of this Security Instrument. [Check applicable box(es)] ❑ Adjusiable Rate Rider ❑ Condominium Rider r--7 2-4 Family Rider Li ❑ Graduated Payment Rider ❑ Planned Unit Development Rider ❑ other(.) [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 recorded with it. -.� ...... A ..... . ....(seal) —Wd R. Larson .... . ....... J44�. ............ ... (Seal) Lori M. Larson ISPM* DOW 7h* Lm Fa. Ad.M.WdVWMl SrATz OF ...... hqkr1s * ka "' * * * * * COUNTY OF ...... Hall ) SS: .......................... 7U f01*90iftS 11WMmMt was acknowledged before me this ....... NqyqfJPJ?y:. Ig 1..198.6 by .... and wife (date) bxno*s) acknow MY COMniftion expires., 7-2-88 .. .... (SEAL) Notary Public instrument was prepared by ................ Pil.tri.qj 0..; Aqqp.r