HomeMy WebLinkAbout0935 822750
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NON-UNit~oRM COVL~NAN'1'S. Rorrowcr and l.endcr furthcr covenant and agree as follows:
19. Accclcration; Remedies. I.endcr shall give notice to Borrower prior to acccleration following I3orrowrr's
brcach of any oovcnant or a~rccmcnt in this Sccu~ity Instrumc~t (but not prior to aocclcrAtion undcr paragraphs 13 and
17 unless applics~bie law provides otherwise). The notice shall specify: (A) the defAUlt; (b) the action rcqui~ed to cure the
defseuit; (c) a datc, not Icss than 30 d~ys irom the date thc notice is givcn to Borrowcr, by which the dctault must bc curod;
and (d) that tailurc to cu~c the dcfAUlt on or bctorc the dAtc spodQed in thc notice may rcsult in accclcration of thc sums
sccurcd by this Secu~ity lnstrumcet, torodasurc by judic~al proceeding and ssle of the Pro~ty. 'I'he notice shall furthcr
intorm 13orrawer of the tight to rclnstate atter Acceleration s~nd the ~ight to assert in the forcclosure proccoding the
non•cxistencc of s? defaul! or any other dcicnsc ot Borrower to Acceleration and forcclasurc. lf thc dcfault is not curod on
or before the date specitiod in the notice, Lrnder At its option may requi~e immediate paymeat in tull of all sums secured
by this .r,ecurity Instrument without further demand and mAy torecloBe this Sccurity Instrument by judicial procecding.
l.cndcr shall bc cntiticd to colicct all cxprnscs incurrod in pursuing the rcmcdics providcd in this paragraph 19,
including, but not limitcd to, re~sonable attorneys' feas and costs of title evidcnce.
20, l.cnder in Po6ses.sion. Upon acccleration under paragrapt~ 19 or abandonment ~f ihe Propcrty, I.endcr (by
judicialiy appointed receiver) shall be entitled lo enter upon, take possession of an~ manage the Property and to collect the rents
of the Property inciuding those past due. Any renls collected by Lender or the receiver shall bc applied first to payment of the
i costs of management of the Property and collecUon of rents. including. but not limited to. receiver's fees, premiums on r~ceiver's
j bonds and reasonable attorneys' fees. and then to the sums secured by this Security Inswment.
21. Rciease. Upon payment otall sums secured by this Security lnstrument. I.ender shall releasc this Security Instrumcnt
without chargc to liorcowcr. tiorrowcr shatl pay any recordation costs.
22. AttornCys' ~CCS. As used in this Security Instrument and the Note. 'attorneys' fees" shall include any attorneys' fees
awardcd by an appcllatc court.
23. Riders to this Security Instrumcnt. If one or more riders arc executed by Borrow~r and recordcd togethcr with
this Security InsUument. the covenanis and agreemenls of each such rider shali be incorporated into and shall amend and
supplement thc covenants and agrccments otthis Security Instrument as if the ridcr(s) were a part of'this Security Instrumcnt.
(C;heck applicable box(es))
~ Adjust~blc Rate Ridcr ~ C.andominium Ridcr ~ 2- 4 ramily Ridcr
0 Graduated Paymcnt Itider 0 Planncd llnit Development RiJer
~ Othcr(s) (spccify)
[3Y SIGNING DiiLOw, liorrower aceepts and agrees to the terms and covenants contained in this Security Instrument and in
any rider(s) executed by Rorcower and recorded with it.
Signcd, aled and d iv in e presence of:
!Z~ Scal .,,,?,,.-4::~^-:~./.( ~Scal)
. ( )
.
fj -Bo?rowcr -Bonower
~ 1 ?il?HUEL A . MACHUCA
. ~Seal) . .f
..."~j!~....../.~~!!!„ ~Scal)
~ . . .
-eorrower -eorrower
IDA C . TtACHUCl1
(Seal) (5cal)
.Borrower •Borrower
~
~ (Spac~ Below This Line For Acknowfedymenq
I
~
~ State of
County of zP~,L,
f I hereby c~rtify that on this day, before me, an offlcer du1y authorized
I
fn the state aforesa1d and in the county aforesaid to take acknowledgements,
personally appeared `"ANU~f. A. ~'ACHUCA AND IDA C. NACHUCA, his wife, to me
r known to Ae th~ person ~':~e~crlbed in and who executed the for~going
instrument and ackn ¢d~d,before me that they executed the same for the
purpose theretn e~c~ s'sed.y,`
; Y: ~ ',•`fi~~''. ~ .
Witness y ha nd~"of~ ~,~'~a ~al in the county and state aforesaid this
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