85003129 - Laserfiche WebLink

Browse

NoN- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows. OO ,3120 19. Acceleration; Remedies. Lender shall breach of any covenangive notice to Borrower prior to acceleration following Borrower's sales applicable law Provides oche in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 default; (c) a date, not less than 300 )' °O�e Sin: (a) the default; (b) the action required to cure the the date the 1 and (d) that faiiaro to care the default 00 Or the date is given to Borrower, by which the default must be cured; secured by this Seenrity Instrument and salt of the rifled in the notice may result in acceleration of the sums t einshte after aaekntlom and the Property' The notice shall further inform Borrower of the right to defense Borrower tot to bring a court action to saaert the non - existence of a default or any other acceleration and ask. If the delault is not cured on or before the date specified in the notice, Leader option dat its amend mot may way imv theta Payment !m full of all Sums secured by this Security lastrument without further Collect all expense incurred In of ask and any re o� remedies permitted by applicable law. Leader shall be entitled to reasonable attormeys' few and costs o evidence. provided in this paragraph 19, including, but not limited to, Property is located and If the power of sale is invoked, Trustee shall record a notice of default in each County in which any other Persons Fesc shall mat! copies of Suc4 notice in the manner prescribed by applicable law to Borrower and to the alt to the by � � time required by applicable law, Trustee shall give public notice of t Persons and in the y applicable law. Trustee, without Property at public auction to the highest bidder at the time and demands Borrower, shall sell the one or more parcels and in any order Trustee determines. Trustee may under the terms designated !e the notice of sale in Public announcement at the time and place of an Y postpone sale of all or any parcel of the Property by Property at any sale. y previously scheduled sale. Lender or its designee may purchase the UPON receipt of Payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all udi g, no ed to, Trustee's fee as permitted by applicable law and reasonable attorneys' fees expenses to all sumstsecured by this Security Instrument; and (c) any excess to the person or Persons legally entitled to it. 20. Lender to Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in pt1son, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property collction of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable torneys fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon Payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute T persons to any Trustee appointed Lender, at its option, may from time to time remove Trustee and appoint a successor trustee ppointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23• Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riders to this Security Instrument. and this Security Instrument, the covenannts s and If one or more riders are executed by Borrower and recorded together with agreements of each such rider shall be incorporated into and shall amend and Instrument. [Check applicable box(es)) supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Adjustable Rate Rider Condominium Rider Graduated Payment Rider _ 2 4 Family Rider Planned Unit Development Rider _ Other(s) [specify] BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrumxrtt and in any riders) executed by Borrower and recorded with it. � ............................. ? ,G .............................. �. J (seal) SPATE of TMK t:» iw�. couny OF SS: ,(KO �: � �.V r , a Notary Public in and for said cot Ity and state, do here s,e 1/� P w+• y by rcnity that before tee and is (are) known otlproved to the to be the persons} who, hein8 in I'drmed of the contents of the foregoing personally lly appeared Y ppeared have executed same, and acknowledged said instrument to be ... • ., t17ElY "�i aGeu•�ercetiw` 4,. A. .... free nand vohmtary act and deed and that a r- .. r°py • • • • • • .... executed said instrument for the purposes her, their) (m, she, they) p poses and uses therein set forth Wkness my hand and official seal this. 28th .................... day of ........ • June MY ............. 19..8 .. 1 IN (SEAL) No[�� e•�,��t......... This instrument was prepared b s Y ecnt................. J