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F <br />1 <br />85- 004292 <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrowetls <br />breach of any covenant or agreement is this Security Instrument (but not prior to acceleration under paragraphs 13 ind '17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />defer (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 failare to care 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 />reiustete after acceleration and the right to bring a court action to assert the non - existence of a default or any other <br />Mew of Borrower to acceleration and sale. If the default is not cured on or before the date specified in tb* notice, Lender <br />at its option 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. Lender 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 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 applicable law. After the time required by applicable law, Trustee shall give public notice of <br />ale to the persons and in the mover 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 more pemis and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property ?y <br />public announcement at the time and place of any previously scheduled sale. 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, 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. Trustees fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />I25h mdut; 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 (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. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address.ji)rnl•}er Cir_i►� rI 5t5 b ;= Csli�, o: r �> is 5 e A�Fi,Lt nai ile <br />' x 2i°RI4� "Si�u'4 1[ns'iimen'irlttone or`inore n1d`eis fire executed by Borrower and reco ded 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 applicable box(es)] <br />.1 � Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider <br />❑ Graduated Payment Rider 17 Planned Unit Development Rider <br />❑ Other(s) [specify] <br />BY SIGNING BELOW, Borrower accepts and agrees to the tends and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />t <br />.....- <br />>ret-...............(Seal) <br />:lull S .. ":11 '. L l..' <br />� — (♦OrrOwlf <br />✓i <br />i . , is , i , :'. i L. l is e <br />— bOrrowtr <br />[Spu* aokw Ths Una For Acrno.aeeam "] <br />State of: r9Jr -.I; :C A )SS <br />County of: isll ) <br />On this it'L;w day of u.; ,15 19 >, before me, a Notary Public in the State <br />of PW,JrI.cI , personally appeared ti•:i:;i +; L�r..l_, sri .•h,lro,l lr:l <:, <br />ls'o1:11 :rut .ric;:? , to me personally known to be the person(s) named <br />In and who executed the foregoing instrument, nd acknowledged that executed <br />executed <br />the setae as ;;sir voluntary act and deed.^--- Ib.C�_� <br />!ty Ca?etiision Etr�ira: <br />t7rJP.1RY PLBi1C <br />�1[atMl MarAer -"I sl MsMn4 <br />KRISTIE HOI "STEDT <br />Mr Cantu. Iwo. Dec. 12, 1 gas <br />o <br />