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COVENANT& Borrower and Lender furthercovenant and agree as follows: 86-- 106602 m! Remedies. lAahsr shalt sire notice to Borrower, prior to acceleration following Borrower's oailect sm Ie-,Xp asss itacrerei in 'Ibe "01"" !fended in this 19, including, but not limited to, nesNiisatrueya' Esss auiats steltle erYewi e. A�...0 tbe- saws of soli k,iurahed, Truss w sbiU rweerd a uwin prescribed its eacb corety is wbicb arty part of the • •.rte.. i.li,IKa:wd and sba� affil Coon .wf sw* under in the �Wer rrescri eel by applicable law to Borrower and to the aliuer Pwmm greKrVA" by appRe" law. After the time required by applicable law, Trustee sball give public notice of ale to the person and is the masher prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at pubUe anedea to the higheit bidder at the true aid place mod under the terms designated in the notice of sale in sue or more poreels and in my order Trusts determines. Traftee may postpone sale of all or any parcel of the Property by pnbBe a..o acsment at the time and place of say previously sciieided sale. Leader or its designee may parchwe the Property at soy sale. Upon receip of payment of the price bid, Trusts; sMU deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deal doll be prima facie evidence of the train of the statemepa made tberein. Trustee shall apply tlrc proceeds of the sale it the following order. (a) to all expatses of the sale, including, but not limited Ice, Trustee's Ines as permitted by applicable law and reasonable attaraeys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to tie person or persons legally entitled to it. 20. Leader is Peoussion. 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 of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reeonveymsee. 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 Trvstecappointel 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 appUcable 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. Borrower further requests that copies of the notice of default and notice of sale be sent to each person who is a party hereto at the address of such person set forth herein. 24. Riders to this Security Iustraaseat. 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)) 1 Adjustable Rate Rider ❑ Condominium Rider 2-4 Family Rider 47 Graduated Payment Rider [,} Planned Unit Development Rider L Others) [specify] 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 rx •ith it. % C - <. :... ✓� � ksk i 6 Z .............(Seal ) Dean A. Bierhaus —�o+ t,.:r•. .......(Seal) Patricia D. Bierhaus — STAT'm or Ntmmas¢A-- ------- ------ hall ......................................... County as: On this ...... ...... 7th--- - - - - -- day of _. --- i qYf- Yker ...... 19.86_, before toe, the undersigned, a Notary Public duly oummieelotsad and qualified for said county, personally came _._._... .................•--------------•--- nus rid- ��arid -�� Dean A. Bierhaus and Patricia _D D. Bierhaus, __._. Q,,.__.__.. to me known to be the aderttitsl peelon(a) whose tames) are stubetxibed to the foregoing instrument and acknowledged the etmcu- ton thereof to be ............ _ ..... ..- Ah€Jrc -------------------------- -------- ------ --- --- ----- -- - - -- voluntary act and deed. Witness my hand and notarial seal at _ ..... — ...... ..... .- ............... in said county, the date aforesaid. a my Cotssmusion ,. IL ......... .. NOWY Public W an IMM ymen portautity /Affirmative Action Employer M /F. ....._.,:._r... ......_._.___ rw_. �...,_....__...,...._..„...__ -- is*"* aNw The the For.