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85---w� 002040% <br />NoN- UN I FORM COVENANTS Borrower and Lender furt her covenant and agree as follows: <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 />unless applicable low provides otherwise). The notice shall specify: (a) the default; N the action required to cure the <br />default; (C) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and M 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 !1) or abandonment of the Property, Lender (111 <br />person, by agent or by judicially appointed receiver) shall he entitled .•ntcr upon, take possession of and manage the <br />Property arid to collect the rent's of the Property including those past km, rents collected by Lender or the receiver <br />shall tv applied first <br />of rents, including, but not <br />, <br />to payment of the costs d management of the Property <br />and collection <br />limited to, receiver's fees, 'premiums on receiver's bonds and reasonable attorneys' fees. and <br />this Security Instrument. -ell to the sums secured by <br />21. Reconveyance. Upon payment of all sums secured by � this SecuritN Instrument, Lender shall request Trustee to <br />recon,,ey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall recon%ev the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay ail% 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 countv In " hick this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed ii') 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 ot'default and sale he sent to Borrower's <br />address which is t fie Property A ddrtss 13( rower further requests that co pi­ -` H <br />1 4 <br />V SC v:f ol -he noticc-s (,f (,L�flillt- <br />24. Riders to this Security lnstr41 L'x­ri, iIt t ht <br />ogether with <br />this Security Instrument, the covenants and agreements ()f each such i0er ',hall he ln,,orrorated Into and shall amend and <br />supplement the covenant,, and agrcernt:nt, �)I, this Security Instrument ts ti tile rljjrf,i were , part ()t, tills Securlt <br />Instrument. [Check applicable bomes)] <br />Adjustable Rate Rider Condorninfilill Rider <br />-4 Faintly <br />Graduated Payment Rider Planned Unit D .� e'6cloplilo-m R)dc 2 <br />Other(s) [slvclfy I <br />HN SKININO Hil()iA horro%el Ak ('Dls and agrees to k.*l, ;i!�4 "', <br />Instramentand it, any ri(jeris) t), li,)T , i:"111-111teoJ !71 'his `WL'IJNIN <br />nINhel and Ick Orded With ft <br />71 <br />Sea h <br />M <br />(Sea)) <br />.ICI. A. <br />9 R A <br />:Svoilcc Hefo. 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