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HomeMy WebLinkAbout0987 NON-UNIFORM COVENANTS. Borrower aixi Lend~c u~hq ~:oxenanl arnl a~ee as fo~lows: 19. Accekratlon; Rca~cdies. Leader shaU gtve notke t~Bon~ower prior t~elernNon foUowing Borrnwe~'s breach of anv rnrenaat or a~reemcat in t61s Security :astrumeat (Dut no1 prior to acctkratbn undcr paragraphs 13 and 17 unkss appikabk law provides otbrrw~e). Tlx notke shalf specify: (a) tbe defpuit; (b) the ac[lon requlred to cure the defautt; (c) a dale, not kss than 30 dsys trom the dnie the aolke is given to Bo~^ower, by xhicb the defautt muat be cured; and (d) tlwl tdlure to cure the default on or be[ore the date speci8ed !n 1be aotice may rault in ucekratba ot tbe snn~ sencred by this Security lastrumeat, r«~~~n ny juaict~ ~oceeaj~ ana ~e ot ~ee propetir. 71~e notke shall further iafona Borrower o[ the Nght to reinstste aRer accekratioa and the rigbt to assert in the forecbsure proceeding t6e non-exlsteace of a default or any otl~er defense of Borro~rer to accekrstion and foreclosure. If the defauk is aol cured on or before the date apecifk~ ia tbe notice, Leader at its optiou muy require imqxdiate paymeat ia tult ot sll swas secured by t6k Security Iastrumeat withoui further demand aad may foreclose thk Security l~sstrument by judkia! proceeding. Lendee~ sl~al! be eutitk~d to collect ail expe~a iacumd la pusuL~g the remedies provWed ia this p~ragraph 19. includiag, but aot limfted to, reasonabk attorneys' tecs and casta of titk evidence. 20. Lender ia Passessbn. Upon acceleration under paragraph 19 or abandonment of the Property. L.ender (by judicially appointed rcceiver) shali be entided to enter upon, take possession of and manage the Property and to collect the rents of the Property including those pau dae. My re~u coqected by l.ender or the rectiver shall be applied first to payment of the costs of management of the Propeny and collection of rcnts, including, but not limitod to, receiver~ fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to tbe sums secured by this Security lnstrument. 21. Rekast. Upon payment of all sums secured by this Seruriry Instrument, L.ender shall release this Security Instrument without charge to Borrower. Borrower shall pay any recordation costs. 22. Attorneys' Fees. As used in this Security lnstrument and the Note. "attorneys' fees" shall include any attomeys' fees awarded by an appellate court. 23. Riders to thk Security Instrument. If one or more riders are executed by Borrower and ~ecorded together with this Security Instrument, the covenants ard agrcements of each such rider shall be incorporated inro and shall amerd and supplement the covenants and agreements of this Security lnstrument as if the rider(s) were a part of this Security Instrument. [Check applicabk box(es)] ~ Adjustable Rate Rider ~ ? Condominium Rider ? 2-4 Family Rider ? Graduated Payment Rider ~CPlanned Unit Development Rider ? other(s) (specifY) BY SIGhING BELOW. Borrower accepts and agrees to the terms anci covenants contained in this Security Inswment and in any rider(s) ezecuted by Borrower and recorded with it. !N WITNFSS WHEREOF Borrower has executed this MortRage. - (Seal) / - (~1) ROBERT CLAAS &'~~tt ts~>> ~ - ---ts~i~ . ~ELLEN CI;AAS . i / . ~ STATE OF: ~ ` County ss. I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the counry aforesaid to take acknowledgments, personally appeared ROBERT CLAAS AND ELLEN CLAAS , 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 expressed. Witne> my hand and official seaf in the county and state aforesaid this 2 2 day of , August • 19 85 My commission expires: Z ! ~k,q ro~~ury I f (Spot~ Bebw This LIM Reserv~d Fw Additional AcknowNdprtMntJ i t ~ ~ PASaIJALE FALZARANO ~ ~96~4~796~ Yak ~ 0olnadaioe 6~krs~ 9~0.1 ~.-g, ~ ~ i ~ ~ ~ 3 RECORD AND RETURN T0: ~ ~ . . ~ R~~K 4~5 ~rGE ~~6 ~ ~ ~ ~ . . _ _ _ _ - - - ~ - - - - _ _ _ _ ~ -