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r <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 001255 <br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's <br />breaeb of say covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 's <br />anl" k" law Provides otherwise)' The notice shall specify: (a) the default; acceleration <br />the action required to cure the <br />default; a a date, not lens than of days from of date the notice is given to Borrower, by which the default must be cured; <br />stud (d) ant failure to cure the default or 6e[ore the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after accekration and the right to bring a court action to assert the non - existence of a default or any other <br />defense of Harrower to it acceleration idin and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at Its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand SU � y invoke the power of ask and say other remedies permitted by applicable law. Lender shall be entitled to <br />tarred o Pursuing <br />le the remedies provided in this paragraph Ig, including, but not limited to, <br />reasonable attorneys' fear and costs of title evidence. <br />If the power of ask is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies l l of such notice the t in the manner prescribed by applicable law to Borrower and to the <br />usher persons preacrie�: by a�g:i% able 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 and place and under the terms desiguntedin the notice of sale in <br />One or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee 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 />Party The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements [Wade 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 />Instrument; and (c) any excess to the person or perms legally entitled to it. <br />20. Lender in Pion. 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, receiver's 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 motes 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 entitled 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 <br />Trustee herein and by applicable law. 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 />23 • Request for Notices. Borrower requests that copies of the notices of default and sale he ddress which is the Property Address. *CONTINUED BELOW to Borrower's <br />24, 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 he 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 -- <br />-- '-4 family Rider <br />Graduated Payment Rider U <br />`� Planned nit Development Rider <br />Other(s) (specify] <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained all this Sccuritv <br />Instrument and in any rider(&) executed by Borrower and recorded wit it. <br />lone 1). 1Tusi1 .._. ..... ....... (Seal) <br />ua1.1 .................r!!4.:� ,:.. _ ..(Seal) <br />1> to aelow thb Lme For Atknowtedarr MI <br />*Borrower further requests that copies of the notice of default and notice of sale be <br />sent to each person who is a party hereto at the address of <br />herein. such person set forth <br />STATIC OF NjwxAsxA ............. ..(1al .. -- ......... ...... . <br />County as: <br />On this ...... ............ <br />�� ..__...., clay of ...march .............. 19 ... as.. before me. the undersigned, n Notary Public <br />duly t• and qualified for said count <br />Lonnie D, llunil and Dianne R � t.aail husbaun �Ywife, ...... <br />t1 I (ol ................ .. <br />. ....... to nit, known to bN thr <br />.................... <br />tion thereof to he t i t <br />H) are snhwribed to the lumgoin) instrunivut and atrknowle•eig(,d Iitt. €^xaK-u- <br />volunt ry nest and de€I. <br />Wikill"m env hand stud notarial s€aal at nfor, id, r<trx3 t 1a Nc >arttka <br />_ _ . in d cottnt;y, that <br />"Y ("notninsion vxpnres, <br />tV • 90 d <br />ate s. <br />ass, I1. t <br />Jzftr €� a €a� I� "y €isnl lsrnlilutirtt�nt (1l�pa�rtttnityj:llltrrr�atIivo Anion 1:11111141%- 1, M /F p <br />