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8500= 003%77
<br />NON -1, NIFORM COVEINAN"M Borrower and Lender further covenant and agree as follows
<br />19. Acceleration; Remedies. Lender shall
<br />breach of say covenant or give notice to Borrower prior to acceleration following Borrower's
<br />"Aless "Pllesble law Provides ent in this Security Instrument (but not prior to acceleration under paragraphs 13 and I'
<br />deia�t; (c) a date, Otherwise). The notice shall
<br />e, not leas than 30 specify: (a) the default, (b) the action required to cure the
<br />1 and (d) that failure to care the default on orrbefo��be date notice is given to Borrower, by which the default must be cured,
<br />( specified in the notice may result in acceleration of the sums
<br />it leratitInnt and sale of the Property, Tire notice shall further inform Borrower of the right o
<br />(` and the right to bring a court action to gh t
<br />of 8orr °wee to accelaati� and sale. If the default is not cured on ortbelore the date non-existence of a default or any other
<br />at its option may require %sass ate
<br />demand
<br />and may invoke Payment in full of all sums secured by this Security Insrtrument without further
<br />collect aA expenses Power of sale and any other remedies permitted by applicable law,
<br />�� incurred in Pursuing the remedies provided in this Lender shall be entitled to
<br />r able attorneys, fats and costs of title evidence. paragraph 19, including, but not !invited to,
<br />Property If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />is located and shall mail copies of such notice in the manner prescribed by applicable law to other hr to prescribed by APPlicable law. After the time required by applicable law, Trustee shall give public and to the
<br />persons and in the manner Prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />of
<br />ProPem' at public auction to the highest bidder at the time and plan and under the terms d the
<br />� to a Parcels and in any order Trustee determines. Trustee may designated any ed in the notice of sale in
<br />Public announcement at the time and plan of any previously scheduled salve bender oleo is any of the Property by
<br />Property at any sale' designee may purchase the
<br />UPON receiPt of Payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />Property. The recitals in-the Trustee's deed shall be prima facie evidence of the truth of the statements made g the
<br />Trustee shall �y the Proceeds of the sale in the following order: (a) to all ex
<br />to, Trustee's tees as y PP _ e therein.
<br />permitted b Applicable law and reasonable attorneys' fees; (b to the
<br />all sumstsecured by this �Seuritr
<br />I++smmenh 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 i in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take
<br />Property and to collect the rents of the Property including these past due. Any rents collected bv'Lender or the
<br />shall be applied first to payment of the costs of management of the Property and collection of and than ge .'�e
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums . retetter
<br />this Security Instrument. rents, includar,g, but not
<br />21. Reconveyann. U - ��ured ht
<br />Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee N-1
<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 non or
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />1'e Persons
<br />22• Substitute Trustee, Lender, at its option, may from time to time remove Trustee and appoint
<br />to any' Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded,
<br />�'ithaut conveyance of the Property, the successor trustee shall succeed t all the title, power and duties c conferred trustee
<br />Trustee herein and by applicable law.
<br />f,rred upon
<br />23. Request for Notices. Borrower requests that copies of the notices of default and sale he sent to Borrower's
<br />address which is the Property Address.
<br />24' Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together w, f
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplerrtrnt the covenants and a t •'
<br />agreements of this Security Instrument as if the riders) were a part of this Secunt.
<br />Instrument. [Cheek applicable age e
<br />Adjustable Rate Rider
<br />_ Condominium Rider --
<br />Graduated Payment Rider — Planned =- 4 Fancily Rider
<br />' anned Lnit Development Rider
<br />-- Other(s) [specify]
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this -,
<br />Instrument and in any rider(s) executed by Borrower and recorders With it.
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