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<br />84...... 00:3411 <br /> <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 />default; (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 tbe Property. The notice sball 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 the 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 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 tbe <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 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 pl\lcel 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 nf 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 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 renls of the Property including those past due, Any renls collected by Lender or the receiver <br />shall be applied first to payment of the costs of mana~ement of the Property and collection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bon. ~d reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument, <br /> <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender sh..ll request Truslee to <br />reconvey the Property and shail surr,~der 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 10 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 shail succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br /> <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent 10 Borrower's <br />address which is the Property Address, <br /> <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 each such rider shall be incorporated into and shaJl 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 />;0 Adjustable Rate Rider [] Condominium Rider [] 2-4 Family Rider <br /> <br />[] Graduated Payment Rider [] Planned Unit Development Rider <br /> <br />[] Other(s) [specify] <br /> <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenanls contained in this Security <br />Instrumenl and in any rider(s) executed by Borrower and recor~~.~ w' it. " ~ / . <br /> <br />/ A~.AJ$~/ / <br />,~/~.o;:~~.....;.~#..::",..::-:::....,....................,..,....~eat) <br />i~c/}('ec / /; '. /{I/ {J. _ _..rower <br />/ /.1-__ / "'! .I l .~,,] f '~. "'~-.1 ~::;/;/ (Seal) <br />C;;;i1~:""':"~'''''''d'&:'''~::;> .",.>..,'-'-if,'~,"..::.e.rrower <br />[Sp.at.e Below This Line for Adtnowledgment] <br /> <br />State of: <br />County of: <br /> <br />\t':',r~~sk<\ <br /> <br />) , <br />)55, <br /> <br />On this <br />of ~\;c i::--r,<lgL<~ <br /> <br />day of .:\l~~r" <br />, personally <br /> <br />, 19 <br />appea red ',' \ ,. (,!" ,t I 1 I 1 l' ~,- <br />. to me personally know~i'~~ 'b~ thep~tson(s) named <br />instrument. and acknowledged that "'f'Y executed <br />and deed. Pl."' I.. -/ . <br />~~:;J.( ~ 0 cJLtJ'Z'!/l. <br />1mARY IC t1 <br /> <br />, before me, a Notary <br /> <br />Public in the State <br /> <br />hl~S )}dnd -UUf; <br /> <br />~;, t ~ <br /> <br />in and who executed the foregoing <br /> <br />the_ same as tLr:i r voluntary act <br />Ily Coonission Expires: <br /> <br />A DENISE KAY LOWRY <br />!~ GENERAL NOTARY St.,..tN.b.. <br />~_"';'J. My Comm, Exp. Aug. 25, 1987 <br />