NON- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as foil 85---p 002101
<br />ows:
<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 tout not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) 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 most be cured;
<br />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 />z
<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 />r
<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 ilie power of sale is invoked, Trustee shall record a notice of default in each county in which an
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to of the
<br />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 l sale 11 'i e
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the P
<br />public announcement at the time and place of any previously scheduled sale. Lender or its deal arty by
<br />Property at any sale. � may purchase the
<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 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 tiaen 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 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 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 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 sent to Borrower's
<br />address which is the Property Address. Bo row r eursthheetr reques s that co i of the nop ces of de atilt
<br />24. Riders to this Security Instruani ee�}h rr56�tetic� r fi �o party * eret c� a r t e
<br />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 riders) were a part of this Security
<br />instrument. [Check applicable box(es)]
<br />Adjustable Rate Rider Condominium Rider '-4 Family Rider
<br />,7 Graduated Payment Rider i Planned Unit Development Rider
<br />ti_� Other(s) [specify]
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and,..e ants � )ntained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded wi it.
<br />4 c ... ... (Seal)
<br />GARY P. Borrowef
<br />(Seal)
<br />HAWME D. I"d)o;7rrew�r
<br />ISPace Below This Line For Acknowledgment)
<br />STATE of NERRASxA, .... Hall Caunty "s.
<br />On this ... 25th, .......day of , . , ARKil ......, 19 85... More rnc, th;: undersa -nrd. p N'„t ar,
<br />duly commissioned and qualifies.' for said county, personally came, Gary P. IZrW-
<br />tnasbar4. aN wifeR
<br />identical person(s) whose name (s) io> nic b
<br />c) are subscribcd to the forcgomg lasirs;;rt;,tt and
<br />thereof to be ..... ....... .. voluntary act and deed.
<br />Witness my hand and notarial seal at ..... , , , , , , , , Grand. IsJ_and ... .
<br />a 7
<br />date ato:esald. .
<br />My Con +rttssion expires: (ctr(Aaer 1.0, 1.988 I ✓ ,f ,
<br />a 0�. to
<br />REQUEST FOR 10- ,("ONVf ?YAN,,* L
<br />To TRv4crI a
<br />&j
<br />firdcr%iyncd a4 the holder of the no.c s.,q note: �.dvi� red R.�, th ly oc ,...
<br />Do'.r d 01 I r .,i i,.i\ l� ��.. �i Y .
<br />�AitJ 5 ,se 4 ,.7i�e _. 'd 1i1w� Oe' "di [4 t rt%'.t 1h C ,
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