HomeMy WebLinkAbout0972 NoN-UNtFORM CovEN~NTS. Borrower and Lender further covenant and agrce u fallows:
19. Accelecstioa; R~~usdles. I.e~der trall ~i~e ~otke to Bortower prior ta acceleratios~ tollowinQ Borrower's
bresch oi aay coreaant or ~ec~at ta t~ia Sccnrity I~ttru~t (but aot ~ior to aceelcratioa un~r pira~raph:l3 aad 17
unlps appticabk law rro~ldes otberwise). The sotke s6ali sRecity: (a) t6c detault; (b) the action reQuircd to cure the
defaul~ (c) a datq aot las tban 30 days from tbe date t6e aotice b Qi~ea to Borrower, by Mhich tbe def~ult must be culed:
aad (d) t6at [ailure to cure the detault oa or be[ore tbc date specifled in t4e notice iaay resuft ta ~zccelentloa ot the sums
secured by t6is Sawrity lr~atr~meas, foreclosere b~ judirial proceedtng aad sale ot tbe Property. Tbe aotice sha~l further
taform BoROwer of tiie ~Ight to nlastate atter ucdentioa aed the rl~ht to assert in :he toreclosure proceeding the noa- ~
e:isteace of a detault or say ot~ defEnse o! Bon~ower to accekntioe aad torecloaure. !t the de[~ult is aot cured on or i
betore tbe date speciRed ia the aotice, Leader at ~ts optioe may requtre immediate p~ymeat ia tull ot all sums secured by ;
t6is Security lnstruiatat wit6out fnrt?er deaaand and may toreclose this Security I~sstrum.at by judicial proceeding. `
Lender shall be eatitled to collect aif ezpeases iacucr~d in pw~suiag thc remedies prorid+ed in Wis pua~sph 19, including, ~
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but aot limited to, reasonable attocneys' fees snd costa of title e~idence. '
20. Leader ia Possession. Upon acceleration under ~aragraph 19 or abandonment of the Property, Lender (by ~
judicially appointed receiver) shall be entitled to enter upon. take possession of and manage the Propeny and to collect the ~
rents of the Yroperty including those past due. An~• rents collected by I.ender or the receiver shall be appiied first to ~
payment gf the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees,
premiums on receiver's bonds and reasonabte attorneys' f~es, and then to the sums secured by this Security Instrument.
21. Rele~se. Upon payment of ali sums secured by this Security Instrument, Lender shall release tF~is Security
Inst~ument without charge to Borrower. Borrower shali pay any recordation costs. .
2l. Attorneys' Fees. As used in this Security instrument and ihe Nate, "attarneys' fees" shall inc~ude any attorneys'
fees awarded by an appellate court. ~
23. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with ~
this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amel~d a~d =
supplement the c~venants and agreements of this Security Instrument as if the rider(s) were a part of this Security ~
Instrument. [Check applicable box(es)] ~
~ Adjustable Rate Rider r j Condominium Rider ~ 2~ Famify Rider ~
Graduated Payment Rider ~ Planned Unit Development Rider
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[~j Other(s) [specifyj ~
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BY SIGNING BELOW, Borrower acce~-,ts and agrees to the terms and covenants contained in this Security ~
lnstrument and in any rider(s) executed by Borrower and recorded with it. ;
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Signed, seated and delivered in the presence of: ;
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STATE OF F~A /~f~ SS~? C~~ S e_ //S ,
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COUNTY GSS~
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I hereby certify that on this day, before me, an o~cer duly authorized in the sta:e aforesaid and in the gounty aforesaid w take #
acknowledgements, personally appeared . . . .Gr:~9o1:'y. .G.. .Cof f i n. a,nd .Nancy. . S . Coff i n,. , hi.s. wi fe , , , , , , , , , , , , , , , , , ,
to me known to be the person {s) desc~bed in and who executed the foregoing instrum~apt and f~ckn~wlodged ~
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before me that ~~e~i executed the same for the purpose therein expressed xr ~ ~ 1
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WITNESS m hand and ot1'icial seal in the count and state aforesaid this ........................1Qt~......................... ,"f:~
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