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4 <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 />udders appikabe law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date. not last than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) dust failure to cure the default on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />rehamisift after acceleration and the right to bring a court action to assert the non - existence of a default or any other <br />dtetitmre of Borrower to occelerittlon and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may require imutedike payment In fall of all sums secured by this Security Instrument without further <br />demand and my Invoke the power of mte and any other remedies permitted by applicable law. Lender -hall be entitled to <br />collect AN expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reaeosime attorneys' lees and carts of title evidence. <br />If the power of ask is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by spplic" 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 were parcels and In any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public smwuncement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any ask. <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 />Instrum at; and (c) any excess to the person or persons legally entitled to it. <br />20. Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) shall he 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' tees. 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 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 Trtotee. 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 Sccurit9 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 />M. 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. *CONTINCED BELOW <br />24. Riders to this Security Instrument. If one or more riders are executed be I30rr0wcr and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicablebox(es)j <br />Adjustable Rate Rider Condominium Rider -i Family Rider <br />Graduated Payment Rider Planned Unit Deselopmerit Rider <br />- Other(s) [specify] <br />BY SIGNING BHOw. Borrower accepts and agrees to .- a tern% and covenants contained In this Security <br />Instrument and in at y rider(s txuted by Borrower and recorded wht 'tt <br />William B. Smit.heram iltet- � �� - +` '�— .t!s`eati <br />Ethe ridge .., .. <br />- .. (Seal) <br />( t Misu Tlrq last For Acknowteerrn.„tl <br />*Borrower further requests that copies of the notice of default and notice of sale be <br />sent to each person who is a party hereto at the address of such person set forth <br />herein. <br />STATE OF NKHXANKA ...................... ..........._.....hall _...._._............ County s3: <br />........... <br />on this ........,30th ... day of ....N.39u. t............ tr3 85 , b fore ine, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came .................................. ............................... <br />r 6 D.•••66hor� #dg#- 4iknd - -i 1111 1a&_S. Smi ram,._wif.e.and .husband , to me known to he the <br />peraon(s w se nanae(s) are sulis ribed to the foregoing instrument arc ;acknowledged the execu- <br />tion thereof to he ........... .............. ...........their. ........................ __.. voluntary act, and deed, <br />.. ,. <br />Witnom my hand and notarial seal at . .... - GX.M)d.. (-ounfy, the <br />date afore mid. <br />7TV <br />1;11 •. 0. Ir01R ft,y i ,.ai <br />lttsaa eF w >R � <br />1 t1n . )plxirtunitv,'A iiri Mile,. L t %I V <br />01 <br />