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NON-UNIFORM COVENANTS. &~rrow~er a?x1 lxrxier furthe~ ravenant ~rx1 agter,~ ~ owx: . ~ , '
19. Acceleratba; Remedfes. Leader sfwil gi~e notice to BorroNer prior to ~ay~~falbNing ~er's brearh uf an~ ;
covenrnt or agreement in thi~ Security irotrument (bul not prior lo Accelerstioo under pars~graphs 13 and 17 unless s~pplKable
Iaw provides aherwise). The notice shail specity: (a) the defnult; (b) the sction required to cure the default; (c) a date, not less
than 30 days from the date the notke is given la BorroMer. by which tht default mast be cured; a~d (d) that [silure to cure the
default on or before Ihe date specitied in the notice may result in acceleration ot the sums stcured by this Security Iastrument.
foreclosure by judkiat proceeding i?nd sale of the Property. The notice shall furlher in[orm Borrower of the right to rei~utate aRer
acceleratfon and t6e right to as~eri in the fw~eclosure proceeding the ~wn-existence of a defauit or any other defense of Borrow•er
to acceleration nnd foreclasure. if the default is not cured oa or be[ore the date specified in the notice. Lender at its option may
reyuire immediate pay~ment in full o[ ail sums secured by th~s Security lastrument w~ilhout further demand and may foreclase this
SecurttY Instrument by judkial proceeding. Lender shall be eatitied to collect all expenses incurred in pursuing the remedies pro~~ided
in thLc paragraph 19, including, but not limited to, reasons~ble attorneys' fees and costs of title evidence.
20. Lender in Possession. Upon arccleration under peragraph 19 or abandonment of the Propeny, Lender (by judicially appointed
receiver) shall be entided to enter upon, take possession of and manage the Praperty arni to collect the rents of the Property inctuJing
those past due. Any rents callected by Lerxier or the receiver shall be applied firct ro payment of the costs of management of the Property
and collection of rents, including, but not limit~d to, rereiver's fees, premiums on receivrr's twnds and reasonable anorneys' fees, arxi
ther ~o the sums secured by this Security Instniment.
2t. Release. Upon payment of aU sums secured by this Securiry Inswment. Lerxier ~hall release this Security Instrument without
charge to Borrower. Borrower shall pay any recordation costs.
22. Attorne)~s' Fees. As useci in this Security Inswment and the Note. "atrorneys' fees" shall include any attorneys' fe~:s awarded
by an appellate court.
23. Riders to thLs Security lnstrumenL If one or more riders are executed b)' Borr~u~er arxl recorded toget}x;r with this Securit}'
lr~strument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants
~rx1 agreements of tnis Security Instrument as if the rider(s) were a part of this Security Instrument. (Check applicable box(es)~
? Adjustable Rate Rider ~ Conduminium Rider ? 2-4 Family Rider
~ Graduated Payment Rider ~ Planned Unit Devclopment Rider
? Other(s) ~specify]
BY SIGNING BELOW. Borrow~er accepts and agrc~s tu the terms and covenants contained in this Securit~ Instrument arxi in an}'
rider(s) executed b~• Borrower anci recordeci with it.
W WITNESS WHEREOF. Borrower has executed this Mortgage.
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Q~.l~~ C~~~~/r~- _ (Scal) - _ _ &Seal)
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H OLD . MOR C88A SER
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. &x.°~.~~ ANNA 'R. MORSCH USER - i
STtITE OF: ~_Cl~-L ~~~'L - Count}' ss: ~ .c -.C..~^ '
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1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid arxl in the counry aforesaid to take
acknowled ments, rsonall a ared
BAROL~ C. ~IORSC~H~AUSER AND ANNA R. MORSCHHAUSER "
k to me known to be the per~on(s? described in and who executed the foreguing
I instrument and acknowledged before me that THEY executed the same for the purpose therein expressed.
~ VVitness my hand and official seal in the coanty and ~tate aforesaid this 2~St day of
~ . December • 19 84 ~ ~
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My co0n~ssiop expires: ~
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Haqry P~q1ie~Sbte a!-~lorida at~ L'~ ~
My Com~i~iwa fxpires Mov. 22, 19~7 j
' ~ ~ ' ~ [Space Bebw This Line Reserved For Additional AcknowledgmentJ -
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RECORD AND RETURN•T0:
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~ GDV FINANCIAL CORPORATION
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