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<br />84......1 003327
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<br />N01'l.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 1"
<br />unless applicable law provides otberwise), The notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (cl a date. not less than 30 days from tbe 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 tbe notice may result in acceleration of the sums
<br />secured hy 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 />e1efense of Borrower to aeuleration and sale, If the default is not cured on or before tbe date specified in tbe notice. Lender
<br />at its option may require immediate payment in full of all SUIII5 secured by this Security Instrument without further
<br />demand and may invoke the power of sale and any otber 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 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 IIIllIU1er prescribed by applicable la.. to Borrower and to the
<br />other persons prescribed hy applicable iaw, After the time required by applicable la..... Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable iaw, Trustee, ....ithout demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the time and place and under the lerms deslllDBtedln 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 Ihe time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any sale,
<br />Upon receipt of paymenl 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 eYldence of the troth 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 notlimited
<br />tu. Trustee's fees lIS 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 />10, Lender in Possession. Upon ac~leration under paragraph 19 or abandonment of Ihe Property, Lender (in
<br />pe,,",n. by agent or by Judicially appointed receiver) shaJJ be entitled to enter upon, take possession of and lIIllIUlgethe
<br />Property and to collect the rents of Ihe Property mcluding those past due, Any rents collected by Lender or theTeceiver
<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 Secunty Instrument.
<br />21. ReconveYBDce, Upon pa)men: at. sums secured by this Security Instrument. Lender shall request Trustee to
<br />reconvey lhe Property and shall surrender this SecUnlY Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shail reconvey the Property without warranty and without charge to the person orpersot\s
<br />legally entitled to It. Such penon or p..' ',;ns shall pay any recordation costs.
<br />22. Sllbstitote Trustee, Lender, at its "pilon, may from Ilme to time remove Trustee and appoint a successortfUSlee
<br />to any Trustee appointed hereunder by an tnstrument recorded in the C<lunty in which this Security Instrument is recorded,
<br />Without conveya"ce of the Propeny. the SUccess<lf trustee shall succeed to all the t,[le, powet' and duti.. c<mfcrn:d upon
<br />Tn.st.. herein and by appltcabJe law.
<br />23. Request for Notiees. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address wh.ch is the Property Addreos,
<br />24, Riders 10 thi& Security IlIStrumCIIL If one or more nders are executed by Borrower and recorded IOgeIher with
<br />this Security Instrument, the Wvenants and agreem<:nts of each such rider shall be incorporated into and ,haJJ amend,a."ld
<br />supplement the covenants and agreements of lhis Secunty Instrument as if the ritkr(s) were a pan. of Ihis Security
<br />Instrument. [Cbeck appltcable box(es)J
<br />CJ Adjustable Rate Rider ~~~ CondommlUm Rider [J 1-4 Family Rider
<br />
<br />::J Grddualed Payment Rider [J Planned Unit Development Rider
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<br />o Othe",) [SpecIfy]
<br />
<br />BY StGNING BfLOw, Borrower ""ccpt.. and agrees to the terms and COVenanlS contained in this Security
<br />Instrument and In any nder(s) executed by Borrower an~lf'~.t. /' .f\) ~
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<br />f~ '...'~ TM Une For Aa.AowJec1cmentl
<br />
<br />State of:
<br />County of:
<br />
<br />)S.'
<br />r ~:
<br />
<br />On this
<br />of
<br />
<br />day of
<br />personally
<br />
<br />, 19 , before me, a Notary Public in the State
<br />appeared ......;l;. i J ! ; .,":
<br />, to me personally known to be the person(s) named
<br />instrument, and acknn-wledged that ~ i,c' executed
<br />and deed. /;.. '-1f:;,"/ ,..~-::J././
<br />(y.(j;';" <, ,? Ii ~;v'1C! ", (y
<br />f ~urARY?l. C f'l .~--
<br />v
<br />
<br />
<br />in and who executed the .foregoing
<br />the sace as , . , : ~ voluntary ac t
<br />;Jy Cam:i.ssiOll t.l<j'in.',,,
<br />
<br />~ llENISl: I(A Y lOWRY
<br />GIMlAl NOT AllY ;:t.I"'~N.br
<br />--j~~ My C~_ EJI.[; ""9 ;l.5:, i9.$1
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