|
<br />I
<br />
<br />I
<br />
<br />NON,UNIFORM COVENANTS. Borrower and Lender further covenanl and agree as follows:
<br />
<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'13and
<br />17 unless applicable law provides otherwise). The notice shall specify: (a) the default;(b )the'actionTequire,Hn cure 'the
<br />default; (c) a date, nolless than 30 days from the date the notice is given to Borrower ,by which thedefaultmust,becured;
<br />and (d) thatfailure to cure the default on or before the date specified in the notice may resulHn acceleration'ofthe.S!1:DJS.
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrowerof.the..right'lo
<br />reinstate aner acceleration and the right to bring a court action to assert the non-existence,of'a defaultor.any.other
<br />defense of Borrower to acceleration and sale, If the defaultis not cured on or before the date specified"in.the' notice,'
<br />Lender at its option may require immediate payment in full of all sums secured by this SecurityJnstrumentcowithout
<br />further demand and may invoke the power of sale and any other remedies permitted by applicable law; Lelldersballo.li(l
<br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragrapbi9, including,:hutriot liillited .
<br />to, 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 whichany.par!;of.9'e.
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable'lawto.Borrowerandto'til"
<br />other persons prescribed by applicable law, After the time required by applicable law. Trustee shall give public notidfof
<br />sale to the persons and in the manner prescribed by appiicabie iaw ~ Trusta.. '-fdthout demand On B_orrower1oshidi.'~n'~e
<br />Property at public auction to the highest bidder at the time and plac. ',d Ull', . 'the termsdesignatedinthlmotice ofsaJein
<br />cne er mnr~ ~ar!:e!s a!!d in .any Qrde!" Trustee \iletermii1f.s. Trustee '';1'':'5 postpone sale of aU or-any par:celofthe-&-ope~y:
<br />by puhlic announcement at the time and place of any previously scheduled sale, Lender or its designeemay'pnrchasethe
<br />Property at any sale,
<br />Upon receipt of payment of the price bid, Trustee shall deliver to tbe purcbaser Trustee's deed conveyingtbe
<br />Property. Tbe recitals in the Trustee's deed sball be prima facie evidence of tbetruth of Ihe statements made. therein..,
<br />Truslee sbail apply the proceeds oftbe sale in Ihe following order: (a) 10 all expenses of the sale, including, but notliinited
<br />10, Trustee's fe.es as permitted by applicable law and reasonable attorneys' fees; (b) 10 all sums secured bytbisSecurily
<br />Instrument: and (e) any excess 10 Ibe person or persons legally enlitled 10 it,
<br />20, Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (in
<br />person, hy agent or hy judicially appointed receiver) shall be entitled to enter upon. take possession of and manage thePropeny
<br />and to colleclthe rents 01 the Property including those past due, Any rents collected by Lender or the receiver shall be applied
<br />first to payment of the costs of management of the Property and collection of rents, induding. but not limited to, receiver's fees,
<br />premiums on rc\.:dver's honds and reasonable attorneys' fees. and then to the sums secured by this Security Instrument.
<br />21. Reconveyance, Upon payment of all sums secured by this Security Instrument, Lender sball request Trusteelo
<br />reconvey the Property and ~hall surrender this S~curi(y Instrument and aU notes evidencing debt secured by this Security
<br />Instrument lO Trustee. Trush:e shaH n:l'on\'~y the ProJ..lCrty w-ithoUl wan'amy and without charge to the person or persons legally
<br />entitled 10 it. Such person n[ persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender. at its option. may from time [0 time remove Trustee and appoint a successor-trustee
<br />to any Trustee appointeu hereunder hy an instrum~nl rct.'orueu in the county in which this Security Instrument is recorded.
<br />\Vithout cunvcyant:~ l)f th~ Properly. the ~uu'c:-.s.or tru~tce shaH SUC(ccJ lnall the tille. power and duHesconfelTcd.upon Trusteed
<br />herein and by applicable law.
<br />23. Request for Notices. BOlTllWer rC4uesl:-. that cupies of the flvlices of default and sale be sent to Borrower's
<br />address \\ihkh i~ the Propel1Y Address.
<br />24. Riders to this Security Instrument. If onc or more riders an.. e,\CCUleU by Bormwer and recorded together with
<br />this SCI..'urilY ln~lrument. the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement the \:u\'t.~llants an..! agrc~ments of thi~ Security Instrument as if the rider(s) were a part of this Security Instrumem.
<br />jCheck applicable hOMes)j
<br />
<br />
<br />,Adjustable Rate Rider
<br />
<br />Condl..)minium Rider
<br />
<br />[=:] 2-4 family Rider
<br />
<br />r-~.-I
<br />L___.-5 Graduated Payment Rider
<br />
<br />Planned Unit Development Rider
<br />
<br />Othcrlsllspeci(vj
<br />
<br />
<br /><lnJ l'O\CnaHt~ \.'ontalncJ tn thi:-. Scctlrit~
<br />
<br />.Seal)
<br />- Bof!OWUI
<br />
<br />;:.'f....' ,
<br />I'~Ij.JBERLY s.
<br />
<br />
<br />'~eall
<br />f30fl\..1....c(
<br />
<br />(Scali
<br />Borrower
<br />
<br />( :-\1..' ~ill
<br />rkmQwc(
<br />
<br />lSt,d)
<br />
<br />1 ~~'.il)
<br />
<br />lati4000906 :0;"
<br />
<br />SThTf.~ /)i~' >Jl:JJF.i\SYJ\
<br />j ;~'~T{ Jt ifAi.J
<br />iLL
<br />,;
<br />
<br />;,p-"i.,>\-1tt.,..-'..,
<br />
<br />t:" .;.,i".'....'.;~:.l,j...:'.,.,'
<br />
<br />
<br />n,,U:t. ~\t
<br />\_l,;h::".'
<br />
<br />K'kO!.)"-.n' l"xkl..:,;,~j rX:l ur
<br />"'.:!)C'r'~ '~.ir-;-;J i,d..,,__-.~.T\
<br />
<br />
|