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85-= 002750 <br />NON- UNIFORM COVENANTS. Borrower and Lender further 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 />ef&W applicable taw provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />dkfautt; (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 (d) that failure to cure the default on or before the dates ms may secured by this Security Instrument and sale of the Property. The notice shall further rinform Borrower tof the the sums <br />reinstate &her 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 s <br />at its option may require immediate _ specified in the notice, Lender <br />demand add may invoice the power of sale and any other remedies permitted by applicable tlawj i Instrument without further <br />collect all expenses incurred in pursuing the remedies provided in this ender shall be entitled to <br />reasonable attorneys' fees sad costs of title evidence. <br />P paragraph 19, including, but not limited to, <br />If the power of sale is invoked, Trustee shall record a notice of default in each count in which an <br />Property is located and shall mail c Y Y part of the <br />other opies of such notice in the manner prescribed by applicable law to Borrower and to the <br />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 ma <br />public announcement at the time and lace of an Y Postpone sale of a!I or any parcel of the Property by <br />Property at any sale. P Y Previously scheduled sale. Lender or its designee 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 11) or abandonment of the Property, Lender (in <br />person, by agent or by.judicially appointed receiver) shall be entitled to enter u <br />Property and to collect the rents of the Property including those past due. Any. rents take ted b LLender o he 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 10 <br />reeonvey 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 ti n <br />Trustee herein and by applicable law. title, power and duties conferred upon <br />23. Request for %otices. Borrower requests that copies of the notices of default and sale he sent to Borrower's <br />address which is the Property Address. *CONTINUED BELOW <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 cif t <br />Instrument. [Check applicable taox(es)j <br />his Security instrument as if the rider(s) were a part of this Security <br />Adjustable Rate Rider <br />Condominium Rider - 2 - <br />Graduated Payment Rider Planned Unit Development Rider -'t Family Rider <br />_� <br />Other(s) [spccifyj <br />BY Sl(jNttita 111,1.0w. N)rrower accepts and agrees to the terms and covenants contained in this Security <br />instrument and in any rider(s) executed by Borrower and recorded with it. <br />.. <br />E , <br />-- 9orraw�r <br />L - <br />`°� <br />........................(Seat) <br />fgP&ce Below This Lme For Acknowledamtntl <br />further r t he r r <br />*Borrower to)ut sts that copies of the notice of default and notice of sale he <br />sent to each person who is ca party hereto at the address of such person set forth <br />herein. <br />