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<br />84 _003446 <br /> <br />NON"UNIFORM COVENANTS Borrower and Lender further covenant and agree a~ follows: <br />19. Acceleration; Remedies, Lender shall give notice to Borrower prior to acceleration rollowlng Borrower's <br />breach orany covenant or agreement in this Security (nstrument (but not prior to acceleration under pllJ'llgraphs 13 and 17 <br />unl.... 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, hy which the default .must be cured; <br />and (d) that fallure to cure the default on or before the date specified in the notice may result In.accele....tlon of the sums <br />secured by this Security h..trument 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 defanltor any other <br />defense of Borrower to acceleration and sale, If the default is not cured on or before thedate specified In then!>tice, Lender <br />al its option may require immediate payment in full of all sums secured by this Security Instrument'without,further <br />demand-and may nToke the power of sale and any otber remedies permitted by applicable iaw_ Lender-shall. be-entit1ed,:to <br />collect all expenses incurred in pnrsuing the remedies providcd in this paralUllpb 19. ineluding; but not limitelf1<>i <br />reasonable attorneys' fees and costs of title evidence, <br />If tbe power of sale is invoked, Trustee shall record a notice of default in eacb county in wbicb:any partoftbe <br />Property isloeatedand sball mall copies of such notice in the manner prescribed by applicable lawtoBorrowerand.,totbe <br />otber persons prescribed by applicable law. After the time required by applicable law, Trustee sball give public notlce of <br />sale to Ihe persons and in the manner prescrihed by applicable la.., Trustee,..lthout demand:onBorrower;shalhell ,tbe' <br />Property at public auction to the highest bidder attbe time and pia.... and under the terms designated In: tbe notice ofsal. in- <br />one or more parcels and in any order Trustee determines, Trustee may postpone sale ofalloranyparc~1 of the Piopertyby <br />puhllc announcement at the time and place of any previously scbeduled sate, Lender or itsdesigneemay,purcbase,tbe' <br />Property at any sale, <br />Upon receipt of payment of tbe price bid, Trustee sball deliver to the purchaser Trustee'sdee.Lcon1'eyingtbe <br />Property. The recitals in the Trustee's deed shall he prima fade evidence or tbe truth of tbe statementS made: therein;' <br />Trustee shall apply the proceeds of tbe sale in the following order: (a) to atl expenses ofthe sale, ineluding;but,notlimited: <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by tbis$ecurity <br />Instrument; and (c) aoy execs._ to the person or persons legally entitled to it. <br />20, Lender in Possession, Upon acceleration uoder paragraph 19 or abandonment of the Property, Lender (in <br />person, by "gent 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 Ihe Property Illcluding those past due, Any rents collected by Lender or the receiver <br />shall be applied first to payment of the costs of managem: of the Property and collection of rents. including, but not <br />limited to, receiver's fees. premiums on receiver's bor-ds an .:asonable attorneys' fees. and then to the-sums seeured..-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 surre" ,~, this Security Iostrument and all notes evidencing debt s<<ured by this Security <br />InStrument to Trustee. Trustee shall reconvey the Property without warranty and Without charge to the person or persons <br />legally emit led to it. Such person or persons ,hall pay any rccordation 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.recQrdecL <br />Without conveyance of the Property, the successor trustee shall succeed 10 all thc lille, power and duties conferred upon <br />Trustee herein and by applicable law. <br />13. Request for Notices. Borrower teqtH:~b I1uH copieS of t.he notices \.If default :"md sale be scnt to Borrower's <br />address which is the Property Address, <br />14. Riders to this Securit)' 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 shaJl be incorporated into and shaU am_end and <br />supplement the covenants and agreeIT1enl~ of this SL'Curity Inslrument as if the ndcr(s) were a parr of this Security <br />In,trul1\cnt. [Check applicable box(es)] <br />2S Adjustable Rate Rider Condominium RIder 0 2-4 Family -_Rider <br /> <br />C-~; Graduated Payment Rider <br />LJ Other(s' [specify] <br /> <br />Planned Unit Development Rider <br /> <br />By SiGNiNG Bl::l.ow, Borrower ac(:cpts and agrees to the terms and covenants contained in this Security <br />InstrulTl.l:nt and ill any rider(s) C.\tXUled by Borrower and reCl1tded with it. <br /> <br />-:.~-~ r , . 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