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<br />r <br /> <br />L <br /> <br />I <br /> <br />84- <br /> <br />004017 <br /> <br />NON,UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies, Lender sball give notice to Borrower prior to acceleration following Borrower's <br />breacb of any covenant or agreement in this SecurltyInstrunient (but not prior to acceleration underparagrapbs13and 17 <br />unless applicable law provides otberwise). The notice sballspeeify: (a)the default: (b) tbe action'requiredtocurethe <br />default; (c) a date, not less tban 30 days from the -date the notice is given to Borrower, by wbicb thedefaultlllllst be cured; <br />and (d) that failure to cure the default on or before the date sJleclfied in thenolice may result in acceleration bttbesum <br />secured by this Security Instrument and sale of the Property. The noticesball further inform Borrower of the right to <br />reillState after acceleration and the right to brlngacourt action to assert-the non-exisrenee.ofa default or all.y.other <br />defense of Borrower to acceleration and sale. Uthe default is not cured on or before the date specified in the notiee,Lell.der <br />at its option may require immediate payment in full of all sums-secured bythisSecurityIn!!trullleiltWith!)ut;fu~er <br />demand and may invoke the power of sale and any other remedies permitted byapplicahle-law;Lendershallbe-entltled-to <br />colleetall expenses incurred in pursuing the remedies provided in this paragraph 19,inc:luding,butnotliiDitedfo, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee sball record 11 notice of defanlt in each county in wbicbany part'oHhe. <br />Property is located and sball mail copies of sucb notice intbe manner prescribed by applicable law to BorroweNUld to tile <br />other persons prescribed by applicable law. After tbe time required by applicable law, Trusteesball.givepublicnoticeof' <br />sale to the persons and in the manner prescribed by applicable law, Trustee, without demand on Borroweri sball'sell the <br />Property at public auction to the highest bidder at the time and place and under the tennsdesignated In thuotieeofsalem <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcelofthe-Propenyby <br />public unour.cement at the tint<l and place of any previously scheduled sale. Lender or Its desi8llee, may}HlJ'Clhase,the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to tbe purchaser Trustee's deed conveying the <br />Property, The recitals in the Trustee's deed shail be prima facie evidence of the truth of tbe sum:meiils _de tlu>rej);. <br />Trustee shall apply tbe proceecls of the sale in the following order: (a) to all expenses olthe sale, induding,bntnotlindted. <br />to, Trustee's.fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured,by this,seelirity <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 theProperty,Lender(in <br />pep~~:~:!:~t~~~I~ jt~~i~.~: ~r~~~~_~i~:~~.~~~ ~ ~~t~~ _~o en~er UPO~f ta~.e ~i?D -ofandI~umage-}he <br />.. n"t""..J -....- W -....0.&_.. un.. .....u~ vi ur.~.l !U~L'y lI1i;IUUUl~ LUOSC past Que. Any rentS COllecteCl- DY Lender or. the :recetVeJ"_ <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including,btlt_not <br />limited to, receiver's fees. premiums on receiver's bonds and reasonable -ttomeys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconnyance. Upon payment of a!; sums, . -'red by this Security Instrument. Lender shall request Trustee to <br />reconvey tbe Property and shall surrender 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 COSIS, <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 insrrumentrecorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the succC$S()r trustee shall succeed to alllhe title, power and duties confetred upon <br />Trustee herein and by applicable law, <br />23. Request for Notices. Borrower n:queslS that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address, <br />24. Riden to this Security IDStrument If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument. the covenanlS and agreements of each such rider shall be incorporated into and shall 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 Adjuslllble Rate Rider:] Condominium Rider 02-4 Family Rider <br /> <br />C Graduated Payment Rider Planned Unit Development Rider <br /> <br />[J Other(s) [spe<...fyj <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants conlllined in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />~- '. .... -;..r /) n l\ <br />..:."-,;,C\.-Q.,\.,c!';;/...,...7..;... .>J,ad0,~~,:, .,..,......,.,(Seal) <br />r'Ouf][.iS i. Polopd "-Borrower <br />..1] ,j ~~') <br />"~,/ --,'::;;'" ./.<--/ <..' '"" ...'::::~..'~~~i,~.,"t:.~~:~""...,..,..~',.-.~.;;:--,.........,._,.,-,-,',-",.-~:,c..',"SeaI) <br />.'r'..-'..,..,......................,.. .....; .\ <br />-80r"""" <br /> <br />>ar ire <br /> <br />'. Pol<:tnd <br /> <br />[_. _ _ Line '''' 4<1<""",",,-tl <br /> <br />State of: !:~hr8~kd <br />County of: i'n 11 <br /> <br />) . <br />)SS. <br /> <br />On this 11 fit day of Jt.]y , 19 i!, , before me, a :-;otary Public in the State <br /> <br />of ;:~;~:~~i\ nt' '" if, personally app~a~:d ~~'~;1:,;~o~a:11;'\:.'~~w;"t.jo :~~ i ih~ 'p~'~~g~(s) named <br /> <br />in and who executed the foregoing inst rument, and acknl'w1edged that! executed <br />tht!' same as th;'.ir voluntary act and deed. I ,: '. .: .4-._< .~ <br />;ly Ccm:dasion Lxpires: .'" '-'e:(~~y l';'iU~-C), ,.t. '-JL <br /> <br />.t [)tNl~f KAY LOWQY <br />. GENERAL NOTARY S'MtitlfNe:-t-_r <br />~~ My (()film. hp "',"~ 1$.1987 <br />