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NONUNIFORM COVENANTS Borrower and lender further covenant and agree as follows: 85--.001940
<br />19, Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />(� default; applicable
<br />date, n t provides
<br />ess than 30 days from the date the noticspecify: s given)to the default; Borrower, by)wh which the default rmust be cured;
<br />1 and (d) that failure to cure the default on or before 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 acceleration and the right to bring a court action to assert the non- existence of a default or any other
<br />defense of Borrower to acceleration 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 and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable attorneys' fees and 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 part of the
<br />Property is located and shall mail copies of such notice in the manner 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 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 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 />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; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph Ire or ;abandonment of the Property. Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled i() cnrcr 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 he 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 blinds and reasonable attorneys' tees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured b% this Security Instrument, Lender shall request Trustec to
<br />recon%ey the Properly 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 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'l-rustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Propert%, 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 cent to Borrow'er's
<br />address which is the Property Addres,. *CONT 1 NUF.D BELOW
<br />24. Riders to this Security Instrument. If one or more riders are executed by Horrimer and recorded together avnh
<br />this Security Instrument, the covenants and agreements of each such rider ,hall he incorporated into and shall ;upend and
<br />supplement the covenants and agreements of this Security Instrument as If the nder(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />__..Adjustable Rate Rider Condominium Rider - d � 4 f ;nnily Rider
<br />Graduated Payment Rider Planned knit Developincut Rider
<br />_. Other(s) [specify)
<br />BY SIGNING BELow. Borrower accepts and agrees to the terms and cmcnailts, contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with n
<br />r .,,....... (Seal)
<br />D_-nnis M. Senff
<br />f
<br />:...... ».. (seal)
<br />Joyce 1,. Senff o,rnwe,
<br />-- - " - "- - ISprce Below Th,s We For Acknowledgment)
<br />*Borrower furl-her requctits that copies if the nutiCC' of default And notice' of Salo he
<br />stint Lo etch parson who is a party hereto at [ho address ,I ,;u, h ;,t r tin set forth
<br />herein.
<br />STATE OF NEDHARKA. F4i11
<br />.('UUt11y .rv:
<br />On this . 19t}l. (lay of eV_vi.l._ 19. 85, hl-fore rile, the undersi;;nod, a Notary F'uhlic
<br />duly commia.�;ioned and qualified for said county, Ixr,Gna. ly cams:
<br />[)4nnis,.M. �"Qnff.. ,3nci_Jc�y<e; i„ ,cliff., lluslxaryl, atrc3_ w9 fe
<br />identical ►>Eraon(S) whose nanie(S) art SubsCribcd to the foregoing instrument and ;lc hnuwledywlTtha: execar��
<br />lion thereof to he tileir.
<br />voluntar;v pct auad dasl.
<br />Wit"Csy my hand and nol.arial veal at Grua] Isl,ancd, 1c In'r- te;kri !
<br />x date aforesaid. - 111 Said eolinty', the
<br />aUNYMti►Aar- MaNIUIMaIb �_� .
<br />ti1v Coliatrli w4f ill n r •C,I
<br />4.0. WW
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<br />'J71 Mr Cerise ir► Mw 27, IM
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