96103540 - Laserfiche WebLink

Browse

�.�: -. � . . _t_ . r _ . ;�T��--�.-J,.._,-._r- ��;,, ' '. «..��'.,�.=�"'_- .-.� 1 ��.F�t.�� __ ` _ '_:,Hi.__. _ - 96- �,�.��5�(1 wxitten coaeent, Lendere may, at their opticuz, require immediate paynie�it in L= : full of all eums secured by thia SecuriCy Inetrument. If Lendere exerciees thie uption, Lendera ahall yive Borrower� notice ! of acceleraL-ion. The notice eha21 provide a gericad of not leag than 30 daya = - from the date the notic�: ie delivered ar mailed within which Borrowera muet pdy dll 6U1116 secured by �nis 5ecuriLy lIlYC1W11CUi.. ii ioviiGiri:iS aa�fi �.O �:j - these aume prior to the expi.ration of thie period, Lendere may invoke any = remedies permitted by thie Security Instrument without further notice or _- demand on Borrowere. — 16. Borrowars' Right to Reinatate. If Borrowere meets certain conditiona, IIorrowers ehall have the right to have enforcement of this Security Instrument diecontinued at any time prior to tY:e earlier of: (a) 5 days (or such oth�r period as applicable law may specify for reinatatement) before eale of rhe Property purauant to any power of sale -_ contained in this Security Inetruinent; or (b) entry of a judgment enforeing tYiie Security Instrucnent. Those conditions axe that Borro�rera: la) pay Lendera all aums which then would be due under thie Security Instrument and the Note haci no acceleration occurred; lb) cure any default of any other covenants or agreements; (c)pay all expenses incurred in enforcing this Security Instrument, including, but nat limited to, reaeonable attorneya� fees; and (d) take such action ae Lender may reaeonably reguire to aseure that the lien of this Security Inatrument, Lender's rights in the Property and Borro�rers' obligation to pay the aums secured by this Security InFtrument, shall continue unchanged. Upon reinatatement by Borrowers, this Security Instrument and the obligations secured hereby shall remain £ully effective as if no acceleration had occurred. However, this right to reinetate ehall not apply in the case of acceleration under paragraphs 15 or 17. 17. Acceleration; Remedies. Lendere ehall givt notice to Borrowera prior to acceleration following Borrowers' breach of any covenant or � agreement in this Security Instrument lbut not grior to acce2eration under � paragraph 15 unless applicable law providea other) . The notice �hall epecify: (a) the default; (b) the action required to cure the default; (e)a date, not lesa than 30 days from the date the notice is given to Borrowers, � by which the default �nuat be cured; and (d) that failure to cure the default on or before the c3ate specified in trie notice may reault in acceleration of the si:ms secured by thie Security Instrument and sale of the Property. The notice shall fur�her inforrn Borrowers of the right to reinstate after acceleration arsd the right to bring a court action to assert the non- _ existence of a default or any other defense of Borro�rers to acceleration an,d sale. If the default is not curecd on or before the date specified in the notice, F,endere at their option may require irtmediate payment in full of all - sums secvred by this Security Instrument without further demand and may invoke t�.e power of sale and any other remediea permitted by applicable la�r. Lenders shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph including, but not limited ta, reasonabZe attorneys' fees and costs of title evidence. , If the power of sale ie invoked, Trustee ehall record a notice of default in each county in which any part of the Property is located and shali mai�l copiea of auch notice in the manner preecribed by applicable law to Borrowers and to the other persons prescribed by applicable law. After � the time required by applicable law, Txustee shall give public notice of ' , sale to the persone and in the manner prescribed by applicable law. Trustee, without demand on Borrowers, shall sell the Property at public auction to the highest bidder at the time and place and under the terms deaignated in the notice of sale in one or more parcels and in any order Txustee determines. Trustee may postpone sale of all or any parcel of the Property by public arsnouncement at the time and place of any previouely ` scheduled sale. Lenders or Lender�s designees may purchase the Yroperty at = � any sale. s� - .. - •----- .__-�. -. . - �. ...�. _ __ __