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<br />85-;s 004783
<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 asy 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 />default; (c) a date, not leas 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 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 />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in (be notice, Lender
<br />It its option my require immediate payment in fall of all sums secured by this Security Instrument without further
<br />demand and may invoke the power of side 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 />reasonabk 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 />otber 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 highest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and 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 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, 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. Lender in Possession. Upon acceleration under paragraph lU 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, receivers 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 recomey 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 -1-ru%1Ce 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 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 with
<br />this Security Instrument, the covenants and agreements of cacti such rider shall he incorporated into and shall amend and
<br />supplement the covenants and alireemcnts of this Securty Instrument as if the rideris) were a part of this Security
<br />Instrument. (Check applicable box(cs))
<br />Adjustable Rate Rider Condominium Rider '1-4 Family Rider
<br />.' Graduated Payment Rider Planned Unit Dci elopment Rider
<br />Other( %) (specify)
<br />By SIGNING BELOW, Borrower accepts and agrees to the teens and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />i C` Z.
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<br />1?ernice A. Vanosdall .,aa„o.e,
<br />l$PK4 aabw This Lne For Acknow*dsanenll
<br />STATE OF �Ik 'si. ° .................. SS: .
<br />NT
<br />COUY OF JK,, ................
<br />wil l i Fri Fieck.Tan a Nn ry publJc in and for sa'd ept uy and stole, do hereby certify that
<br />Wayne, Varx�sdal l nc3 IirrnicE..F.. � ..... cla l i , liuslktnc9 anc� Wy e
<br />personally appeared
<br />Wore me and a (are) known or prosed'o me to IT the person(s) who, t-Onit informed ni hi ,.,ntcni, of the foregoing instrument,
<br />have eaecutnl same, :and acknowiedged said in.tnunent to be L; ^ar ree and %olmilai y ;act and deed and that
<br />(his, tier, their)
<br />......executed said instrument for the purposes and uses therein ,;a forth.
<br />shc, they)
<br />times, rev hand and official seal this.... ..... �7!!! .............. . Jay of. . Set .)txtidx?r 4
<br />-MY Commomon VIA Pri
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