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86- 107392 <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceharadow, Remedies. Under sW give notice to Borrower prior to acceleration following Borrower's <br />breach of my covenant or ngraaaent In this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />Nam opplicsibile law provides otherwise). Tbe notice shall specify- (a) the default: (b) the action required to cure the <br />dellask (c) a date. not Join than 30 days from the doe the notice is given to Borrower, by which the default must be cured;- <br />and W dot failure to owe die default m or bsloere the deft spedfied in the notice may remit in acceleration of the Sam <br />eactttroi`by this Security Instriamnot and salle of the Property. The notice shall further inform Borrower of the right to <br />raiaMM1 after acceleration and the right to bring a court action to assert the non-existence of a default or any other <br />deface at Harrower ia, aeoderatierr and solke- Iftbe default is not cared on or before the date specified in the notice, Lender <br />at its option may require immediate payment as bill of all mums secured by this Security Instrument without further <br />demand and may invoke the power of ado ad any other remedies permitted by applicable law. Leader shall be entitled to <br />called all expenses incurred is pursuing the remedies provided in this paragraph 19, including, but not limited to. <br />rommbkoWmeW fees =d costs of title evidence, <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any pan of the <br />Property is located and "I mail copies of such notice in the mmou prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law. Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time said place and under the terms designated in the notice of sale in <br />one or more pwcek and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public ammacement at the time and piece of any previously scheduled sale. Lender or its design" may purchase the <br />Property at 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 Trustee'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, W to all sums secured by this Security <br />Instrument; and (c) my excess to the person or persons legally entitled to it. <br />20. Under in Possession. Upon acceleration under paragraph 14 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 kny 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, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fee%, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance- Upon payment of ail sums secured by this Securn y Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencmg debt secured by this Security <br />Instrument to Trustee Trustee shall reconvey the Propert-, 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- Substitute Trustee. Lender, at it, option, may from time to nine 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 Propem, 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. Rorrowe-, requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />2t. Riders to this Security laamment. If one or more riders, are executed by I 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 Secunty Instrument as if the rider(s) were a part of this Secunty <br />Instrument. (Cheek applicable boxtes)] <br />, — Adjustable Rate Rider Condominium Rider 2-4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />B.0thellsi [specify] Cl;t <br />BY SIGNING BEL01%. Boy-rower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrowei and recorded th n <br />(Sea]) <br />If 4� <br />JSpwe Seitm The tree For Atkra WWientl <br />STATE OF <br />SS: <br />COUNTY Of .......... ) <br />1U f0maoins in%trumeri was acknimledeed before me ....... 6.. <br />(date) <br />'by X V'It- t- I 1,-i <br />... . .. ........ .... ......... ..... ................... <br />(Perlon(q) acknowledging <br />MY of NON <br />comil= ru <br />Notar) Public <br />nil in'Irun.wril were pfqwej by ... <br />............. ... ....... ...... ............. <br />