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HomeMy WebLinkAbout0983 i N~~ti~Utiltc~kH C~n't:~:a~v ~s &~rruwrr and Lrnder iurthcr c~~e~n:.mt and agrrr a. fu!l~~w;: 19. Acceleration; Remedies. Ixnder shall qive notice to BorroKer priar to acccleratiun followinK B~~rruwer's breach of any corenant or agreement in this Security Instrument lbut not prior ro acccleratio~ under paruRraphs 13 and 17 I unless applicable Is?v. provides utherwise), The notice sha11 specify: (a) the defae~lt; lb) the action required to cure the default; lc) a date, not less than 30 days from the date the notice is given to Borrower. by which the default must be cured; and (d) that failure tu cure the detault on or be(o~e the date specified in the notice may result in acceleration of the sums secured by this Security Instrument, foreclosu~e by judicial proceeding and sale of rhe Property. The notice shail further inform Bor~ower of the right to reinstate aft~r acceleration and the right to assert in the foreclosure proceeding the non- existence of a default ~r any other defense ot Borrower to acceleration and foreclosure, lf the default is not cuced on or befo~e the date specified in the ~otice. Ixnder at its option may require immediate payme~t in full of all sums secured b~• this Security lnstrumen! without further demand and may foreclose this Securit~• Instrument by judicia' procecding. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paraRraph 19. includin~. . but not limited to. reasonable attorneys' fees and costs of title evidence. 20. Lender in Possession. Upon accelcration under paragraph 19 or ahandonment uf the Yro~xrt~~, Lender 1h~ judicially appoi~ted receiver) shall be entitled to enter u~n, take po~.~sion of and managr the Property ,ind tu coll~~~ thc rents of the Property including those past due. Any rents colle.:ted by Lender c~r the rc~ei~er ~h:~ll tx appliccl tint tu payment ~~f'the costs of management ai thr Pro~rty and collecti~~n of rents, including, but ne:t limitc~l t~?, ~r~ei~rr's fcc~, ~premiums on re:,river's b«nds and reawnable attorneys' fees, and then to the sumti serured hy this Sc~. urit~~ l:~strumrn~ 21. Release. U~n payment of ~Il sums securcd by this Security Instrument, Lendrr shall relrase thi. J~tiunt~• lnstrument without charge to &~rrower. Borrower shall pay any rec;ordation a~st.. 22. Attorne~s' Fees. As useci in this Sec~urity Instrument an~1 the N~te. "attorneys' frc~ ' tihall ~nrluJe an~~ ~ttornr~: fees awardea by an appellate court. 23. Riders to this Security Instrument. ICone or mare riden are executed by 8orro~~~er and rrc~~rded iugcthrr ~~ith this Srcurity Instrument, the covenants and agreements of rach such rider shall be inr~~rfx~rated into and .h:~ll amrnd and supplement the covenants ~nd agreements of this Sei:urity Instrument as if the rider(s) w~crr a part uf this Sc~-urit~~ ' Instrument. [Chc~-k appiicable box(es)] ' _ iX ~ Adjustable Rate Rider ~ Condominium Rider J 2--~ Famil} Ridrr _ u! Graduated Payment Rider u Planned Unit Development Rider `X' Other(s) [specify] lhie on further encumbrance rider BY Slat~lnc; BELOW', Borrower acrepts and agrees to the terms and c~ti~enants contained in thiti Srru~it~~ Instrurrjent and in any rider(s) executed by Borrower and recorded with it. Signed, sealed and delivered in the presence of: • ~ - .~~..vR........ ' ~ .~.Q.~'~`-~-- . ~.---..1 ~ ~ Wit[te~s MART F. ZEDZKER -i3o,.owP, ~ . J G ~ : : . ` . . ~ . . ~s~ai> Witness / NF:TTE K. ZEDIKE -ao~-~.,z~ STATE (?F = - , - :13 COUItIy SS: ' . t hereby certify that on this day, before me. an officer duly authorized in the state aforesaid and in the rount~~ aforesaid te take acknow~ledgements, personally appeared MARTIN F. ZEI?IKER and ANTONETTE K. ~EDIKRR, his wife , to me known to be the person(s) described in and w~ha executed the - foregoing instrument and acknow~ledged before me that they rxecuted the same for the ~urpose therein e~- pressed. ; j W~Tyes~,r~t~:~and and official seal in the county and state afaresaid this . day~ of , ' OEtobe`~':`°""'_=' ? , 19 84 ~ ~ ~ ~ • • i . -~~.'+,-S~r_`: . . . . . f ~1~.:,Cauhmission edp~t'~'s:_ ~ J V ~ .'I l ! . ~ ~ . .~~I:~Id'.'.M~. T. l~. ~ ~f.•I ll:~~'~ ~i~ i~i'.t LI~~IC . . . . . . . . . . . . . . . . . . . . . . . . . . . t ~ r • i ~+r'~(~~'~•:~iP ~r=•vn Notar~ Publi~ ~i ~,.~4j f3~;'!e,;~`.:,;;,~~ .~s'.r"~.':a~i4. 1988 d ~.'1S'.:~(.F7t~(_.--iii~~.i:(~8 , .~S E 4 ' . p r . f _ _ . E Eop ~ - - _ ) LC ` 7 ~ ~ ~ ~ • ~ ~ - . 3,~r~ ~47 983 ~ ~ ~ d ~