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86107065
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Last modified
10/18/2011 10:01:24 PM
Creation date
3/31/2008 3:42:13 PM
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DEEDS
Inst Number
86107065
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86- <br />107065 <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's <br />brueb olsny eaveaaat err agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />videm applicable law provides odierwise). The notice shall specify: (a) the default; °(b) the action required to cum the <br />default; (c) a dole, not lee than 30 days trove the date the notice is given to Borrower, by which the default must be cared; <br />and (d) *04611M to ewe the default on or before dw data specified In the notice my result in smelaration of the sum <br />Mcursd by thk Security 100imM Maui ual$ of the Property. The notice shell furtive Worm Borrower of the right to <br />reinwaft aster, sftdwatift'i" 'iht !*t to defind r other <br />a evert action to the now- existence of a t o any <br />by this Security In without further <br />dammil and somy Invoke tits powerereak aid MY, otheirremahes permitted by applicable law. Leader shall be entitled to <br />called 084 in pure g the remedies provided in this paragraph 19, lacludiaL but PA United to, <br />H the ewer of seek is invoked, Trustee shall record a notice of default in each county in which my pan of the <br />AmPartY is JGMW and doll 00 copies of sueb notice Is the summer prescribed by applicable law to Borrower and to the <br />other i>ecso k P ' 11 ed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the pttesa.s and In the *uumer prescribed by applicable law. Trustm without demand on Borrower, shall sell the <br />Property at public auction to Me highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in my order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time &W place of my previously scheduled sale. Leader or its designee may purchase the <br />Property at say sale. <br />Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trustees deed conveying the <br />Property. The recitals in the Trustees deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceak of the sale in the following order. (a) to all expenses of the sale, including, but not limited <br />to, Trustees few as permitted by applicable law and reasonable attorneys' fees; M to all sum secured by this Security <br />bw&mmel'U and (c) my 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 />pawn, 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 mcludmg those past due. Any rents collected by Lender or the receiver <br />shall be applied Am to Payment Of the costs of management of the Property and collection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security InstruinctiL <br />21. Reconveyinice. Upon payment of all stems 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 Tnutce. Trustee shall reconvey the Property Without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22 Substitaft 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 sttcoeed to all the tide, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Nadeau. Borrower requests that copies of the notices of default and sale be sent to Borrow <br />address which is the Property Address. Borrower iurth,�r mquests that copies 01 the notices of oeiauit and'i"IS11 <br />tx- seriti,&jg��&M sj"aiWTto at the ad4ress oi sucilw1grg Set. fwr�m t. ti (one or more riders are execu by rrower recorded together with <br />this Security Instrinuctit, 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. [Cheek applicable box(es)] <br />❑ Adjustable Rate Rider Condominium Rider 2-4 Family Rider <br />E] Graduated Payment Rider Planned Unit Development Rider <br />❑ Other(s) [specify] <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />.......................... (seal) <br />-1 1 <br />......... . . ......................................................... (SCSI) <br />[SPace Seim Tta Lm For AcknomWftm"Ij <br />State of: <br />County of: SS: <br />P-' <br />On this day of 19 before me, a Nota v Public in the State <br />of personally appeared <br />to me personally known to be the pei;fon(&) named <br />in and who executed the foregoing instrument, and acknowledged that executed <br />the Sam as voluntary act and deed. <br />my coqclimicc Eviree: <br />M= <br />��eKal R.�MK Er <br />
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