85004036 - Laserfiche WebLink

Browse

NON - UNIFORM COS'ENAN rS. Borrower and Lender further covenant and agree as follows: 004036 19. Accekratioa; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's 3 and agreement of any covenant or eement in this Security Instrument (but not prior to acceleration under paragrap h unless applicable law provides otherwise). The notice shall specify: (a) the default: (b) the action required to cure the default; (c) a date, not ka than 30 days from the date the notice is given to Borrower, by which the default must be cured; atad (d) that More to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Feat and sale of the Property. The notice shall further inform Borrower of the right to tai=Wft after neceieration and the right to bring a court action to anent the non- existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may regaire innaediste payment is full of all saute secured by this Security Instrument without further dmiu d mnd may invoke the power of sale and may other remedies permitted by applicable law. Lender shall be entitled to eoilget all expensed incurred in purring the remedies provided in this paragraph 19, including, but not limited to, r —a- 11e attorneys' fees and cwts of title evidence. If the power of ask is invoked, Trustee sball record a notice of default in each county in which any part of the Property is bested and shall mail Copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law. Trustee shall give public notice of oak to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in may order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public an at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the.Truustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale is the following order: (a) to all expenses of the sale. including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; ash (c) any excess to the person or persons legally entitled to it. 20. Lender is Possession. Upon acceleration under paragraph IQ or abandonment of the Property. Lender (in person, 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 and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reeouveynace. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to ec reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvcy the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed 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. x)rroa r .tr i :r n*j je- is "u'_ ca).)if- x. LA! p -iite� :1 ow-rallc :n± - =lie o :t Liu i5 v .a y icti V_ rtn .iL rut• . 'ii sfl �'Seilfri}� f i ifueei; one or more n�e`rs are exccute'dorrower end recorded together with this Security Instrument. the covenants and agreements of each such nder shall he incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the nder(s) were a part of this Secunty Instrument. [Check applicable box(es)] _Condominium Rider 2-4 Family Rider Adjustable Rate Rider Graduated Payment Rider Planned Unit Development Rider Other(s) (specify] BY SIGNING BELOW, Borrower accepts and agrees to the terror and covenants contained in this Security Instrument and in any nder(sl executed by Borrower and recorded with it _...:''...:::..._...::... !.._ .:............:...... _. ... (Seal) :.iCt• t i k....i,.. IaN« &A.. This Low For Ackftw QC—M; State Of: — )r. Ill K i County Of: 'dal l ) On this tern day of jai. i '. 1S h`), before me, a Notary :'ubllc in the State of Nehras , personally appeared .. r.tl ! 1,, 'Known ail ra t I. Orson h„�han; And .rare , to me personally known to be the persons} named it.. and who executed the foregoing instrument, and acknowledged that t`lov executed the snex as wi r voluntary act and deed. me , } i !ty .Mmissiran tr rii: — t - N. 6,00, Woo_fiN� ICtl18TIE Mr (,'Meat. la! i