HomeMy WebLinkAbout0917 NON-UNIFORM COVENAhTS. Borrowrr arxi Len.irr funher covenant arni agrcti a_~ fuliuws:
19. Accekr~tion; Rrmediea. Lender shaU give udice to Borrower prior to acceleration fullowing Borrower's brcach of xm
co~~ecs.w! or agret:ttettt fs~ t!~ Sece:r~ty lnstc~eemenl (bat mM ~.rier te sccekratk?n under paragnphs 13 ~d N unless spplkabk
law prnvida otherwise). The notke shall specify: lbe detault; (b) the sctfon rcquired to cure the defautt; (c) a date. not less
than 30 days trom the date the aotice ~S givea to Borro~rer. by whkh the defAUlt musi be cured; and id) that tailure•to cure the
detault on or betore Ibe date specified ia tbe ~wtke may rcsult in ~~cek~tba of tbt sums secured by th~s Security Instrumenl.
foreclosure by judklal pnxYedia~ and sak ot t6e Property. Tbe ootice shall further iatorm Borrowcr ot the r~ht to reinstrte atter
accekration and tbe rigbt to assert in t6e foreclasurt proceedlog t6e na~-sxistee~ce of a defauit or any otder de[ense of Borrnwer
~o .cceleratioo and iorrecllosurr. It the de~ault Lt not rured oa or Defore ihe date specitied ia the aotke, Lender at its optba may
require immediate paymeal ia tuU of aU sw~ secured by this Security Instrumeat wltbout further demand and mav foreclo6e thi~
Security Instrument b7 judici~~ P~'ocee'dinR. Lender shaN be eMftkd to collect ail expenses incurred in pursuing tbe remedies provided
iu this paragraph 19, inciudEog~ but not ilmlted to, rea~a~abk attorneys' fces aad costs ot titie evidence.
?A. I,ender in Possession. Upon acceleration under peragraph 19 or abandonment of the Propeny, L.encier (by judicially appointed
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e.? ~~at~ 1.. ...~:e1..1 ~n ont~r umn ~alrr mcceccinn nf an[1 rnvnaoe the Procertv and to collec~ the rents of the Prootrri inclucfinA
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those pau due. Any rents collected by L.ender or the receiver shall be appiied first to payment of the costs of management of the Property
and colltetion of rents, including, but not limitod to, rcceiver's fe~s, premiums on neceiver's bonds and reasooable attorneys' fees, and
then to t!?e sums securod by this Security lnstrumertt.
21. Rekase. Upon payment ot all sums securcd by this Security tnstrument, Lender shall releate this Security Instrument without
charge to Borrower. Borrower shall pay any reco~dation costs_
22. AttomeYs' Fees. As used in this Security Instrument and the Note. "attorneys' fces" shall include any attorneys' fees awarded
by an appellate court.
23. Rlders to W~ Security Instrumeat. If one or morc riders are executed by Borrower and recorded together with this Security
Instrumertt, the rnvenants and agreements of each such rider shali be incorporated into and shall amend and supplement the covenants
and agreet~nts of this Security [ostrument as if the rider(s) were a part of this Security tnstrument. ~Check applicable box(es)]
_ ~ Adjustable Rate Rider ~ Condominium Rider ~ ? 2-4 Famity Rider
? Graduated Payment Rider ? Planned Unit Development Rider
? Other(s) ISP~~fY1
BY SIGNING BELOW, Borrower accepts and agrees to the ternu and co~•enants contained in this Security Instrument ard in any
rider(s) executed by Borrower and recorded with it.
IN WITNESS WHEREOF, Borrower has eaeecuted this Mortgage.
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(Seal) ' t~1,_ (Seal)
B"""~" KEV IN L. RI F ~`~"`R
Sea~>
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STATE OF: ~ ~ County ss: '
I hereby artify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take
acknowledgments. personally appeared
REVIN L. RIFE
, to me known to be the person(s) describod in and who eaecuted the foregoing
~ instrument and acknowledged beforc me that HE ezeruted the same for the purpose therein expressed.
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Witness my hand ard official seal in the counry and state aforesaid this 15~'1 ~y flf
° pcto~ber . t9 85.
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~ My commission expires: "
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~ My`Cwnentssioi;Ex~es Od. 21;1451 ~vtat.Y P~iblic, State of Illiriois
' ~~~,%T;,: Lake C.ounty
f~ ~8p~e~ 8~br This Un~ R~s«v~d For Additionai Acknowl~dpm~ny
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' RECORD AND RETURN TO:
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