|
• � t • ( y31� . . c . ..�t . .. . ._ . _ ` 5 -- 1. _.:
<br /> . ,�~
<br />' ' , �y
<br /> , � .
<br /> ':.v eA �V�if'Z'�+'14 �
<br /> �`�`�� 1 a, so�racaers' Right to RefneLate. Zf Horxct��s meet certain
<br /> con d i tio r t a, H o r r o v r e x s ahaY]. have the right to h�ve �fazcem�nt o� �;:
<br /> _ �,� t his Security InatYVment disGOn�inued at any time ps ios to t h e
<br /> earli�r of: tal 5 d�ys (or euch othex' Per 3.o d a s a g p l i c a bu�BUant to
<br /> • � specify for reinetatentesst� befare sale of the Property p
<br /> _.-��t� �gy pQ�*21 of sale cnntaine3 in this Security i�����t? °�ose �
<br />�;��� �ntry o€ a judgment enforcing this Security _
<br /> condition� are t1�at Horro�ess: (a) pays Lsncier all suma �hich the�
<br /> wou].d be dne under thie Security Instrument and the Note had ao
<br /> acceleratio� occurred; tb) cur�s any default of any other covenants
<br /> Q, agreements; (c) PaYs a7.3- exPeases incurred in enforcing this
<br /> ` �gcurity �nstrumegt, including, bnt not lima.ted to, reasonable
<br /> attern�ys` fees; asid (d? taIses such action as L�ader maY reasonably
<br /> '` IYiStrilUterit,
<br /> ����°��°� ��i�� ta assure that the lien of this Security
<br />� x: .. Lender�s right� in the Property and �orrov�ers' obligation to pay
<br />'°=•'` �'` th,e s�ns securc� by tlais Security Insttumaent, sha7.1 continue
<br /> , ������� ��� rei�a�tatement by Borroovers. this Security
<br /> Tti4t�:�t �.3. �•a abli�a�ions secured he�eby shall �cemai.a fully
<br /> � eff�cti.�-sas. i�� ��:�accelc�tion had accurred. Sowever,
<br /> t$is right
<br /> to �e��Ga.`�� s:�a.�.3. not agply in the case of accelerati.on under
<br /> � � paragrag,���.�.3 o�c' �7. �
<br /> • � 19. ' .�aceleration; Remedies. Lend.�� ehall give �sY
<br /> i�� �a
<br /> � gorreo,rer� .�arior �ct acceleration folYap�ing Larrewera� brea���o �o
<br /> � covenant 6x agr��nt in this Securi�y Instruc�ent �tbut �?�.�.��.1� law
<br /> �� ac�eleratios� u� P�a��phs 13 and 17 unZe�s�, aPP `b)
<br /> '�'` �� provid�s other� . The notice sha]:1 specify: (a) the default;
<br /> ' the acti.�� required �a aure the default j (c) a dat�, not ,�:+�s�� h
<br /> � 30 days�`i��a� the date the noti.ce 'is given to Borrowere,�. ,.
<br /> � the defa�lt must be cured; and (d) that failure to�cu�re t=e�t u�
<br /> � • e� or before the date ape�iE�:r� in the noti.�.... may
<br /> ��..�.��• ���eZea .c�,ion of the sums secur���y this Secuz��tgr� Instrumea� a�a�: . .
<br /> sale c����t�s Property. TI�.e noti�� �hall f�rther f=lform �orr�owers'��.�
<br /> r,� ' th� r�ctcxGi�.;:to reinstate a��:� ?cc�lerat:�a�.�nd the right ,t+c. brin�� a , �
<br /> ttr'.: �� �
<br /> ;"�H`��� �:�urt �a��i.on to assert t��°s�oa-�stenc��;� a dexau].t or a�y other r�'
<br /> d�'�ense of Borrawe�rs to accele��'�vn and sale. �� the default ��. �
<br /> � � �ot cured.on or before t�e date s�peai€ied in in�,�1 of all suir,s'
<br /> . � . its opt�:l�n may require �e�sme�fate pay��
<br /> secured�� this Security�e.�.strument wit�za� furtih�r de�t� a�nd may
<br /> � invoke ��e power of sa��� saxsi.;�n►Y cth�a� r�m�c�.��s pernni.�ted by
<br /> . app].icalo�e law. � . . �
<br /> . ' Le��r shal�. be ert�tlec� �cy�collec� �11 exPen6 inclus ge bu�, •��::;.''.,
<br /> � pureininj_:'the r�medies�pro?rfide�3 .i:u this pa�cgxaPh �9, • " ;�.,,��.
<br /> not lim3ted to, reasonable a��orneys, fees and costa nf ti�1e
<br /> evidence. ' • � • �
<br /> � zf the pow�r of ea7,�: �e fnvoked, Trustee shatl�record a notice .
<br /> • � � eE c�eEault i� each co�r�.y in whfch any par� of. ti'he g�operty is
<br /> � locate8 aud ahail mai'�. aopfee of such. aotice. ir� ��e manaer
<br /> . . � prescribed by applieal�le la� to Borsower� and t� �he other p�rsona
<br /> _ :� �� � prescribed by applicable law. After the �ime required •��y �
<br /> a p p l.i c a b J e l a w, T r uetee shall give public notfce of sal� to. �r:�
<br /> persoiu�: a�d ia the ma�nn.ar prescribed by agplicabl,e lam. Trus t e e,
<br /> . ��,t b Q� �+e m a n d on Bo��rers, shall sell the Prope�y' at public
<br /> � auctio�n to the g.xi.ghest bidder at the�time ai��r�place a=►d u n�er t he
<br /> terms desfgaatecl in the notice of sale ia one or more parcels and
<br /> � � in any order Trustee determfnes. Truatee may postpone sale of all
<br /> � � � � or any paxcel oE the Property by pubiic ana�uncement at the time
<br /> � � � and piace of any previous].y scheduled sale. Lender or its designee
<br /> . � may purchaoe the Property at any ea1e.
<br /> � � Upon receipt of payment of the price bid, Truetea shall
<br /> � �,deliver to the purchaser Truetee's dee� conveying the Property.
<br /> �� �" The recitals ia the Trustee�� deed shaii bo prima facia �vidence of
<br /> " � the truth of the etatemsats masle therein. Trustea ehall apply the
<br /> � •� ��-, praceeds of the sale ia the following order: ta) to all expenses
<br /> of the sale, including, but not limf�ted to, Trustee's £ees as
<br /> � � permitted by applicable law and reasonable attorneys' fees; (b) to
<br /> ` a11 sums secured by this Securi�y Instxument; and (c) any excess to
<br /> �. the person or pereons legally entitied to it.
<br /> . . .: . . _ � . � ,. . .. e, . . . . , . . .. • ..
<br /> , ,,.:� . : .� . . .
<br /> . , . . . . . � . ; . .1, ` .. .
<br /> . . ., ,. � . : : . .�, ,: . . . . „ , . .. ,. . . ' • . � .� :�` . , ..
<br />
|