HomeMy WebLinkAbout0955 NON-UNIFORM COVENwNTS. Borrower and Lender further covenant and agree as follows:
19. Actelention; Remedies. I.eader shall give notice to Borrower prior to Acceleration following Borrower's
breach ot any rnveaant or agreemeat ia this Security Iastrument (but not prior to acceleration under paragraphs 13 and 17
ualess applicable law prn~ides otherwise). The notice shall specity: the defAUlh (b) the sction required to cure the
defaulh, (c) a date, not less than 30 days irom the date the notice Is given to Borrower~ by which the default must be cured;
and (d) tbat tailure to cure the default oa or befort the dste specf8ed in the ~otice may result ia acceleration of the sums
sccured by this Security Instrument, [oreclosure by judlcial proceeding and sale of the Prnperty. The notice shall further
ietorm Borrower of t6e rlgt~t to reinstate after accelention and the right to assert in the toreclosure proceeding the non-
existsnce of ~ defeult or aey ot6er defense of BorroMer to acceleration and foreclosure. If the defsult is not cured on or
before the dnte specified in the notice, Leader at tts option may require immediate payment in fu11 oi sll sums secured by
thls Security Instrument without further demand and may foreclose this Security Inst~um. ~t by judicial proceeding.
I.ender sball De eatitled to collect all expenses iacurred in pursuing the remedies provided in this paragraph 19. iecluding,
but aot limited to, reasonable attorneys' fees aad costs of title e~idence.
20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (by
judicially appointed receiver) shall be entitled to enter upan, take possession of and manage the Property and to collect the
rents of the Property including those past due. Any rents collected b~~ Lender or the receiver shall be applied fi~st to
payment of the costs of management of the Property and collection of rents, including, but ~ot limited to, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument.
2l. Release. Upon payment of all sums secured by this Security lnstrument, Lender shall release this Security
Instrument without charge to Borrower. Borrower shall pay any recordation costs.
22. Attorneys' Fees. As used in this Security Instrument and the Note, "attomeys' fees ' shall i~clude any attorneys'
fees awarded by an appellate court.
23. Riders to this Seeurity Instrument. lf one or more riders are executed by Borrower and re~orded together with
this Security Instrument, the covenants and agreements of each such ridec shall be incorporated into and shali amend and
supplement the covenants 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 ~ Condominium Rider ` 2-4 Family Rider
~ Graduated Payment Rider ~;J Planned Um: Development Rider
~ Other(s) [specify]
BY SIGNING BELOW, Borrower accepts and agrees to thr terms and covenants cont~ined in this Security
Instrument and in any rider(s) executed b~• Borrower and recorded with it.
Signed, aled and delivered in the
p~ e of:
C~~- _(J.• . . ~
..1.~.`.' Wi11~i'am~ ..W.. f'e' ..l~.z. (Seal)
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~...~Jh~n'~%~ Y.•.• U~ (Seal)
- Phyl~lis ~oYf~e~ ~
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STATE OF ?~j~Yist~l.~ r-~-'
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~ I%j~,n~~ ~L~t <~zi COUNTY
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I hereby certify that on this day, before me, an otiicer duly authorized in the state afocesaid and in the county aforesaid to take
acicnowledgements,personallyappeared ...W.1],1.~am..F....W.o].f.e,.Jx..,..and.~hy~.].i~..Wal.fa
to me known to be the person (s) described in and who executed the foregoing insvument and ac~nowledged
before me that ezecuted the same for the purpose therein expressed
W~ SS my hand and official seal in the count~nd state aforesaid this.....`
: ~~......................................................day
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