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dl-;-; UU43 :0 <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 />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />doWit; (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 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 />rye after acceleration and the right to bring a court action to assert the non - existence of a default or any other <br />deleme of Borrower to acceleration attd ask. If the default is not cured on or before the date specified in the notice, lender <br />at its aption may require immediate payment In full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Leader shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale 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 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 higbest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels sad in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sate. Lender or its designee may purchase the <br />Property at any sale. <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'tbe 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 lim{tea <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. 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 be 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' 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 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 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 title. power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Repast 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. *CONTINUED BELOW <br />24. Riders to this Security Instrument. If one or more nders are executed by Borrower and recorded together whit <br />this Security Instrument. the covenants and agreements of each such rider shall be incorporated into and .hall 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 applicable box(es)] <br />Adjustable Rate Bider :: Condominium Rider 2--1 Fanldy Rider <br />" Graduated Payment Rider Planned Unit Development Rider <br />Other(%) [specify] <br />01' SIGNING BEIOW, Borrower accepts and agrees w the terms and unrnants :nntatnLd to this Security <br />Instrument and in any rider(s) executed by Burrower and recorded with it <br />2rerry cl• Anderson ^µ <br />T. Andersort :yam <br />..�...a.=.....- .....__, av__.. ..s...e........._cv,....._,.®.. lgpete Nbw tMe Loa Fw kknoMkd{mentl _.._. <br />*Borrower further requests ghat: copies of the notice of default Ind notir-r „f gale be <br />sent to coach person who is it party hereto at the ,iddrv-,s <f ;,Itch person :e,t forth <br />herein. <br />STATE or NaagAntu _ . . . _ Fk?11 _ _ ...County wee: <br />On this ..... ), day of ..41114c wt7..........., 19.. 85, lefore me, flit- undersigned. a Notary Public <br />duly cotnnmissioned and qualified for said county, ptws+onally came ................ <br />rsM No..P moo? 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