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NON-UNIFORM COVENANTS. Borrower and l.endtr funher ~~venant and agree as folluw9: ~
19. Accckntbn; Remedka. Leader shaU give aotice to Borrower ptior to accNcrrtion tolbwing Borrower's breacb ot nnny i
rnvenant or agreenient W tdb SecuNty Iecstrumrnt (be~ aofi prioa to screkrs!{oq~ pvsgrsphs 13 ~nd 17 unless ~ppikabk :
law provldes olberwise). Tbe notke sball specity: (a) t!K dita~h; (b) tNe aeliaM ulred to cure ti~e defsult; (c) s dste, not les~ ~
Ihan 30 days tran tM date the ootke Ia givea to Borrower, by whkl~ tbe detauq must be cured; and (d) tiW fWure to cure tbe
~cfault ou or betore the dste specitkd in the autke may resuit ia ~cceleration of tbe swns secured by this Security Iasirument, ~
foreclosure by ~udkW pruceedia~ aad sak ot the Property. The aotke shait f~rther Wl~xm Borrower ot tbe ~6t to reiostste aRer Z
acceleratba aad tlre right to ~sert in the [orcdosure procsedlug tbe oontxktcace ot a detault or any otber detense of Borrower
to accderptbn and tarcrlasure. It tbe dcfault Ls not curM oa or betore t6e date specilkd ia tLe notice, l.endsr at its optioa :swy
require immed.iate payaxat in tY~U o[ all sums secured by this Security l~trument ~rithout further drnwad and may toreclose this
security Imtrumenc by judicial pmceediog. t.eoaer sLan be eraitkd to cdkct au e~i~ G,currea in pursuing tbe remedies proviaea
ta this paragrap6 19~ iacluding, Met aot fimfted to, re~soaable attoroeys' fees and costs o~ titk evidence.
20. Lenckr in Possts~ion. Upon acceleration under paragraph 19 or ah.~ndonment of the Property, I.ertder (by judicially appointed
receiver) shali be entitled to enter upon, take pomsession of and manage the Property and to coliect the rents of the Property ineluding
thoae pest due. Any rents colkctod by l.ender or the receiver shall be applied first to payment of the cous of management of the Prop~rty
and collection of rents, including, but not limited to, receiver's fces, prcmiurtu on receiver's bonds and reasonable attorneys' fees, and
then to the sums securod by this Security Instrument.
21. Release. Upon payment of ail sums secured by this Securiry lnstrument, Le.nder shall release this Securiry lnstreiment withoul
ct~arge to Borrower. Borrower shal! pay any rerorciation costs,
22. Atioraeys' Fecs. As uxd in this Securiry Instrument and ~he Note. "attomeys' fees" shail include any attorneys' fees awardod
by an appellate court.
23. Riders to Wts Security tnttrumeat. lf one or nwre riders are executed by Borrower and recorcted together with this Security
instrument, the covenants and agreemer.ts of each such rider shall be incorporated into and shail amend and wpplement the covenants ~
aod agreements of this Securiry Inurument as if the rider(s) were a part of this Secariry Instrument. [Chectc applicable box(es)] ~
~ Adjustable Rate R~der ~ Condominium Rider ? 2-4 Family Rider
? Graduated Paymen: Rider ? Planned Unit Developr.~ent Rider
? Othcr(s) [specify] .
BY SiGNING BELOW, 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.
lN WITNESS WHEREOF, Borrower has executed this Mortgage.
~
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- &Seal) - &Sea!)
~7 ~ . LERO L GIBSON
/ - (Seal)
~ &rr.wcr ~ ~~I~ .
• HALC 0. GIBSON
STATE OF ~ `
County ss: ,~a~~ f '
~
1 hereby ceiiify that on this day, before me, an officer duly authorized in the state aforesaid and ia the county aforesaid to take !
acknowledgments. personally appeare~ ~
LEROY L. GIBSON AND HALCYON 0. GIBSON 4
~
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, to me known to be the person(s) described in and who ezecuted the foregoing
instrument and ackrawtedged before me that THEY executed the same for the purpose therein exprossed.
Witness my hand ard official seal in the county and state aforesaid this 26 t Ft day of
August , iq g ~
5 i . ~;r.*
~ ,i~: : st~;: .l I• ~?y~
My commission expires: ' " F ; ~ ' ~~''•r"'f ~
rt,
~s~al~ n,~ry P.,n~R ,'h.•' j d~ if ..t•.;;f' -
Phl61iC, StilA af F:~~E ~ 3.
i~y Comm~ssioe f,xyires tla?~ 2Z.1~~ x
o•o . ti .
[Sp~c~ 8elorv Thls Lin~ RtsKV~d Fw AddWOn~{ AcknowNQyiM~rij • ~,~r:
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RECORD AND RETURN TO:
' BO~K ~ ! ~ P!GE
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