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86106576
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Last modified
10/18/2011 8:57:50 PM
Creation date
3/31/2008 3:30:52 PM
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DEEDS
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86106576
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NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree asfollowss:6�` 065 76 <br />19. Acceleration; Remedies. Looder AM give soda to Borrower prior to acceleration following Borrower's <br />iraeh of any covenant or apetaaea- in thia Sam* Ittatramast Mot not prior to acceleration under paraWsphs 13 and 17 <br />adzes applicable law provides otherwise). The notice doll specify. (a) the default; (b) the action required, to cam the <br />detach (c) adate, not less then 30 days from the date the notice Is given to Borrower, by which the default must be eiur <br />and (d) that failure to tare the default an or before *a date specified in the notice may result In acceleration of the owns <br />meowed by this oieearity lnelrnaent and aide of the Property. The notice shell farther inform Borrower of the risk to <br />reita me deer acceleration and the right to bring a court action to assert the non- existence offs default or any other <br />defame of Borrower to seoderadon and salt. If the data* is mat'enn e'an or before the date specified in the notice, Leader <br />at is option °;my,require immediate payment in full of all am mewed, by this Security Instrument without farther <br />demand and essay Invoke the power of sale and any other remedies omitted by applicable law. Lander shall be entitled to <br />collect ad expesom incurred is pursuing the remedies provided is this paragraph 19, including, but not limited to, <br />reasonable attorneys' fiefs and comb of title evidence. <br />If the power of sal is invoked, Trustee shall record a notice of default in each county in which any hart of the <br />Property is located and shall mail copies of such notice is the manner prescribed by applicable law <to Borrower and to the <br />other permas prescribed by applicable law. Artier the time required by applicable law, Trustee shall give public notice of <br />sale to the person and in the manna' prescribed by applicable law. Trustee, without demand on Borrower, shall tell the <br />Property st pabtic auction to the biowd bidder at the title 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 sate of all or any parcel of the Property by <br />public announcement at the doe mad place of any previously scheduled ask• under or its designee may pmcbase the <br />Property all 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 Truutee'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 />Instrumart; sad (c) any excess to the person or persons legally entitled to it. <br />20. lender 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, receivers 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 entitle} 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 />21. 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)) <br />Adjustable Rate Rider ;" Condominium Rider 7 2-4 Family Rider <br />J Graduated Payment Rider ; ! Planned Unit Development Rider <br />P7 Other(s) [specify) Acknowledoexe.nt <br />BY SIGNING BELOW Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and to any riders) executed by Borrower and recorded with it. <br />/X.-•� ...................(Seal) <br />F'. F +F7. r7I,TTlc'R <br />Vin, / <br />.'_',; lr ;zj. ....J.C.. .. 4`F.' : ................. ........(Seal) <br />(Spec @Now Tara LM for Adu !Wtl <br />STATE OF ............................ <br />COUNTY OF HPdl ............... . <br />I- VI/171RFP 07, 19P6 <br />IU .... <br />foregoing instrument was aeknowleiged before me this .............. ....... ............................... <br />by F:. t'ZCHA , 011P1E.R ANT) M=kily P. 01111ER !TISPAIIr Mr VaFF (date) <br />................................................................ ............................... <br />(pason(s) acknowledging) <br />My Omission expires: <br />_ . , £. .... <br />{ .. 'y{�.. "... � . r � ._rut �� ' ' ..(� -A°.. L) <br />1 Notary Public <br />This inotrvnnent was prrtatued by a12, 1. Angpx V ...... ............................... ........................... <br />r.. <br />
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