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<br />I" <br /> <br />84 -002923 <br /> <br />NOS-UJ"..:lfORM COVENA~TS 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 />bre.ch of any cov.nanl or agreem.nl in Ihis Securily Instrum.nl (bul nol prior 10 acc.l.ralion und.r paragraphs 13 and 17 <br />unless applicahl. la.. provides olh.....i..), Th. notic. shall specify: (a) Ih. d.fault; (bl Ih. action requir.d 10 cur. the <br />d.f.ult; (cl a dat., 0011... than 30 days from the date the notic. is giv.o 10 Borro...r, hy which the default must be cured; <br />and (dl lbat fallur. to cur. lb. d.fault on or before lbe date specilied in the notice may result in acceleration of the sums <br />secured by Ihis Security Instrum.nt and sale of tb. Property. The notic. sball furth.r inform Borro...r of the right to <br />reinstate after """.Ieration and lbe right to bring a court action to assert the non-exist.nce of a default or any oth.r <br />def...... of Borro..er 10 acc.leration and sal.. If Ih. d.fault is nol cured on or befor.lh. dale specilied in lb. notic., Lend.r <br />.t its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke Ihe po...r of saI. and any other r.medies permitted by applicable la... Lender sb.1I be entitled 10 <br />collect aU e"pe...... incurred in pursuing lbe remedies provided in Ibis paragrapb 19, including, but nol limited 10, <br />r.....n.ble .ttomeys' fees and cOlts of title evidence. <br />If Ibe po..er of sale is invoked, Trustee sball record a notice of def.ult in each county in ..hicb any part of the <br />Property is loc:ated and shall mail copies of sucb notice in lbe manner prescribed by applicable law to Borrower and to lbe <br />otber persons prescribed by applicable I..., After Ibe lime required by applicable I.w. Trustee sball give public notice of <br />sale to the persons and in the mann.r presc:ribed by applicabl.la.., Trustee, ..ithoul demand on Borro..er, sball ..II the <br />Property at public auction to Ibe highest bidder at tbe time and plaee .nd under the lerms designated in tbe notice of sale in <br />one or more parcels and in any order Truslee determines. Trustee may postpone sale of all or any parcel of lbe Property by <br />public announcement .llhe time and place of any previously scheduled sale, Lender or its designee may purchase lhe <br />Property al any ..Ie. <br />Upon receipt of p.yment of tbe price hid, Trustee shall deliv.r to lb. purchaser Trustee's deed conveying tbe <br />Property, Th. recilalo in Ibe Truslee's deed shall be prim. faeie evidence of Ihe lrulb of Ibe stalements made lbeula. <br />Trustee sball .pply Ibe proceeds of Ibe sale la Ibe following order: (al to all ellfl"_ of tbe sale, ladudlallo but not limited <br />10, Trustee's fees as permitted by applic:able I... and ..........ble anomeys' fees; (bl to all s_ secured by this Security <br />Instrument; and (c) any excess to tbe person or persons legally entitled to it, <br />20. Leader in P........ion. Upon acccleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agem or by JudIcially appointed receiver) shall be enlitled to enter upon. take possession of and manage lbe <br />Property and to collect the rents of the Property including those pasl due. Any rents collected by Lender or Ihe rea:iver <br />shall be applied first to payment of the costs of management of the Property and collection of rents. including, bUI nol <br />Iimlled to, receiver's fees, premiums on receiver's bonds and reasonable anorneys' fees. and then to tbe sums secured by <br />thIS Seeunty Instrument. <br />21, Recon.eyaace. Upon 1"'. ;;,tnt of all sums secured by this Seeurity Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender lhls Seeunty Instrument and all noles evidencing debl secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and witbout cbarge 10 the person orperllODS <br />legally enlllled to tt Such person or persons shall pay any recordahon costs, <br />22. Substitute Trustee. Lender, at tiS opllon, may from lIme to lIme remove Trustee and appoint a successor lrustee <br />10 any Trustee appointed hereunde:r by an Imtrument recorded in lhe county in which this Security InstruD1entis~, <br />Without conveyance of the Property, the successor trustee sball succeed to all the litle. power and dUlies confetredu~ <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrower requests that COpIes of the notices of default and sale be senl 10 ~et'1 <br />address which is the Property Addr..., <br />24. Riden to tIais Security Instrument. If one or more riden are execuled by Borrower and recordedtoptbtlr;with <br />:!us Security Instrumerit. U.;e covenants and agrC'emctl~ of each ~uch rider shall be ifi~rated ifit-o and shall-amend.__ <br />supplement the covenant. and agreements of thlS Seeumy Instrument.. if tbe rider(s) wen: a part of this. Secvtit)" <br />Instrument. [Check applicable box(es)] <br />xD Adjustable Rate Rider = Condominium Rider 0 2-4 PUliIy Rider <br /> <br />= Gradualed Paymenl Rider = Planned Unit Developmenl Rider <br /> <br />CJ Other( s I (specIfy J <br /> <br />BY SIGNING BELOW. Borrower =pts and agrees to the lerms and COvenanlS contained inlbis Scc",", <br />Instrument and in any nder(s) executed by Borrower and recorded with it, <br /> <br />.~~~~;...."....,....,',..,..,~~ <br />~;;~.~.~/;:~~,...~.....................,........,~~ <br /> <br />!_. _ Thoo Uno F.. --....-.J <br /> <br />State of: <br />County of: <br /> <br />,t;' L<fr.\::-,':"...-t <br /> <br />1-5 <br />)~ : <br /> <br />On this <br /> <br />of ....~tltt.1Sk~ <br />d.:sl>':Ind ;-u';{: wi! &:: <br />in and who executed <br /> <br />~~eC=i~ E~!l::':s~ <br /> <br />J 1 s t <br /> <br />day of ,IV , 19,:,. , before me, a Notary Public in the State <br /> <br /> <br />personally app~a~:d ~l~~ar';."o~~'ll~''l.'',f~~.;-H~o J~\"t~~. P':~~so'ii('s) named <br /> <br />the foregoing Instrument, and acknowledged that they exe<;.uted <br /> <br />voluntary act and deed, . {it. . ,. ,/./~ id."' <br />I. ',<4,_.~ ~A~., dJ.rkjl-' <br />r r~f!~~<:"""'-"':'/ ftr"'-. h- <br />~ ;DL C ~ <br /> <br />.L' DENISE KM LOWRY <br />, . GENERAL NOT ARY ,..,..<"-'"' <br />~ M., COIfWn. !.p_ A""'J '/5 r~8' <br />