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Home My WebLink About0988 NUN-UNIFURM COVENANTS. Borruwer ~nJ i.~rxi~r further roverwnt and agrcti as fulluW.: ~ 19. Accekration; Rrniedles. l.eude~ shail gi~e noNce to &~rr~~wer prior to ycceleratiu~ foUowing Borrower's bresch of cin~ ro~eiwnt or agreement in lhls Security lnstrun?em (but not prior to acceieration under pRr~raphs 13 and 17 unless applicable {aw provides uthe~-wise). The notice shall specif~~: (a) the default; tb) the yction reyuired to cure the de[aul1; (c) a dAte~ not less than 30 da~~s from the date the notice ~S given to Borcower. by whkh the defauit must be cured; and (d) ihat faflurc to cure the default on or before the date specitied in the notice may result in acceleratiou ot the si~ms securcd by thls Security lr~~~~~ment. [orecbsurc by judicW proceeding and sale of 1he Property. The ndice shalll fuNher intonn t3orrower oi the right to reinstate atter ~^~~ure proceeding the non-exlstence of a defau{t or any dher deiense of BorroNer ~acic~ riiw~ ~.w .s... to accekration and fonrbsure. If the detault it not curcd op or belore tde date specitied ia the notke. Lender at its optioa may require immediate pa~ment in [ull of all sums secured b~• thic Security Instrument without fuirther demand and may [orecfose this Stcurity Imtrument by judicial proceeding. Lender sls~ll be entilktl !o coilert s~ll expenus incurred in pursuing the retnedks pro~ ided in th~ par~raph 19, including, but not limited to. reaux~able attcscne~s' fees and c~ts ot title evideace. 2t1. L.ender in Po~stssion. Upon acceleration under peragraph 19 or abandonment of the Property, L.ender Iby judicially appointed receiver) shall be entitled to ente~ upon, take p~usession of and manage th~ Property and to collect the rent~ of the Property includ•.ag tlwse past due. Any rents collected by L.ender or the receiver shall be applied first to payment of the rous of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's borxis and reaswnable attorneys' fees, and then to the sums secured by this Security InstrurrKOt. 2l. Release. Upon payment of all sums secured by this Securiry Instrurrknt, Lender shall rtlease this Security lnctrument wittwut ciwrgc iu a,~~~~t.. °:c:r~::: ;.:y any recordation costs. 22. Attoroe)s' Fees. As used in this Security lnswment and the Note. "auorneys' fees" shall inclucle any attornc;ys' fees awardtYl by an appellate court. 23. Riders to this Security 1RSlrument. If one or more riders are ezecuted by Borrower and recorded together with this Security lnstrument, the covenants and agrceinents of each such rider shall be incorporated into and shall amerxi and supplement the covenants and agreements of this Security lnstrument as if the rider(s) were a part of this Security Inurument. [Check applicable boz(es)~ ~ ~~-~-m;••;,,.•• p:~~ ? 2-4 Family Rider ~ ~ Adjustable Rate Rider - • ~ ? Graduated Payment Rider ? Planned Unit Development Rider at?ens~ isa~~~l 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 recorcled with it. IN WITNESS WHEREOF, Borrower has executed this MoRgage. ~ ~ - (Seal) (Seal) - CLINTON L. NGS ~ - cs~i~ - (s~i~ HER W. JENN S STATE OF: Vermont Add i son County ss: t hereby certify that on. this day, before me, an officer duly aWhorized in the state aforesaid and in the county aforesaid to take acknowledgments, personally appeared CLINTON L. JENNINGS AND ESTHER W. JENNINGS , to me known to be the person(s) described in and who exe:.uted the foregoing instrument and xknowlodged before me that THEY executed the same for the purpose therein expressed. Witness my hand and official seal in the county and state aforesaid tbis 25th day of OCTOBER .19 85 , ' My `°r~"ni99i'~~pires: a_,o.- 8'~ • i _ . tse,t) . n..,~ r,~Al~ : ~t ¢`~f~ ,0~~'~ Y . 2~' • . ~ ~ ~ ~i~\?~ k i~ ~~'s , ~y: ~ )c ~ ~ ~ F'; ~ t 3-','~~~ : (s~~ BNow Th~ l.lr» R~s~rv~d For AdditbnN AekrwwNdpment] ~ ~ ' • . • J;s:.~ : ~1':. . ~•O' - O . _ ~ `4 ~ ! ~ ~ ~ . t~ . .j ^ ~ ~ ~ ~ • _ ~ i f ~ I S ~ RECORD AND RETORN TO: ~ B~~K 481 PM~,E ~$1 ~ _ ~ _ ~ . ~ _ - . _ - - _ ~ ~