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NoN-Uh~FC~RM Cc~vENAt~TS. Borrawer and Lender further cavenant and agree as follow~s:
19, Acceleration; Remedies. I.ender shall give notice to Borrower prior to acceleration following Bo~rower's
breac6 of any covenant or agreement ia this Security lastrument (but not prior to acceleration under pars?graphs i~ and 17
unless applicable law provides otherwise). The notice sball specify: (a) the det~tult; lb) the action required to curc the
detault; (c) a dxte, aot tess than 30 days f~om the date the notice is given to Borrower, by which the default must be cured;
aad (d) that failure to cure the default on or before the date specified in t6e aotice may result i~ acceleration of the sums
secured by this Security Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shali further
inform Borrower of the right to reiastate after acceleratioa and the right to sssert in the foreclosure proceeding the non-
existence of a defxult or any other detense of Borrovrer to acceleration snd foreclosure. If the default is not cured on or
before tbe dsite specified in the notice, Lead~r at its option may require immediate payment in full of all sums secured by
this Security Instrument without further ~emand and may toreclose t6is Security Instrument by judicial proreedin~.
Lender shall be entitled to collect all expeases incurred in pursuing the remedies provided in this paragraph 19, including.
but not limited to, reasonabie attorneys' fees and costs of title evidence.
20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lrnder (by
judicially appointed rrceiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the
rents of' the Property including those past due. Any rents collected by Lender or the receiver shall be applied hrst to
payment of the r.osts of management of the Property and collection of rents, including, but not limited tu, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. ~
21. Re~ease. Upon payment of all sums secured by this Security Instrument, Lender shail release this Security
Instrument without charge to Borrower. Borrower shali pay any recordation costs.
22. Attorneys' Fees. As usecl in this Security Instrument and the Note, "attorneys' fees" shall include any attorneys'
fees awarded by an appellate court.
23. Riders to this Security Instrument. 1Pone or more riders are executed by Borrower and recorded together with
this Se~:urity Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
Instrument. [Check applicable box(es)J
_ ~ Adjustable Rate Rider ~ Condominium Rider L; 2~ Family Rider _
~ Graduated Payment Rider Planned Unit~ Development Riaer
I,~ Other(s) [specify]
BY SIGNING BE~ow, Borrower accepts and agrees to the terms and covenants contained in this Security
Instrument and in any rider(s) executed by Borrower and recorded with it.
Signed, sealed and delivered in the presence uf: /
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d A. McC 1 at ch , partne~°~`°"re'
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~ Mar i annQ G. M 1 at chy, part n -B°"owe'
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STATE OF ~D~i, I-'a,v,vSy~YAN~A DE~AuJf~iQE" COUIIty SS:
1 hereby certify that on th'ss day, before me, an officer duly au[horized in the state aforesaid and in the cou~ty
aforesaid to take acknowledgements, personally appeared Bryn l4aNe^ InvestrnQnt Assoeiates
By: Richard A. McClatchy, Jr., partner and ~'arianne G. McClatchy, partner
' , to me known to be the person(s) described in and who executed the
~ foregoing instrument and acknowledged before me that They executed the same for the purpose therein ex-
~ pressed.
~
~
~ W~rtvESS my hand and official seal in the county and state aforesaid this 9t h day of
November , 19 84
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~ ' (Se ~ YJIISSIG?I fXPIRES JJNE 11. 19~ No~ary Public
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