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NoN•UNIFORM CovFN~NTS Borrower and Lende~ furthe~ cov~nant and agree a~ fallowr.
19. Acceisrntion; Remedles. Lende~ sball gi~e notice to Bor~ower p~io~ to accele~ation following Borrower's
breach of any co~ena~t o~ agreement in this Secu~Ity Instrument (but not prior to acceleration under par~g~aphs 13 and 17 .
uniess appitcnbie law provides otherwise). 'I'he notice shall sprclty: (a) thc detault; (b) the action reQuired to cure the
defAalt; (c) a dAte, nat less than 30 days trom the date the notice is glren to Borrowt~, by which the detauit must 6e cured;
and (d) ths~t tailure to cure the default on or betore the date ~peciRed tn tbe ~otice imay result in Acceleratton of the sums
secured by this Security Inatrument, foreclosure by,~udicial proceedtng n~d sale of the Prope~ty. The notice shs~ii funher
in~Porm Borrower o! the right to ~etnst~te af~er pcc~le~tion ~nd the rtght to assect in the torectosure praseedtng the non-
existeace of, default or any other defgnae of Bon~owe~ to ncceleration and ioreclosure. It the detault Is not cured on or
before the date specifled In the r~ottce, I.eader at tts optton mAy require Immediate payment in fuli ot ~11 sums secured by
this Security Instrument Nithout funhe~ demsad and mAy foreclose this Secu~ity Instrument by judicial proceedjng.
I.ender shaU be entltled to rnllect all expensea incurred in purautng the remedtes provided in thts paragrAph 19, including,
but not limited to. resisonAble attorneya'tees and costs of title e~idence.
20. I.ender in Possession. Upon acceleration under paragraph 19 or abaodonment of the Property. I.ender (by
judicially appointed rectiver) sha!! be entilled to enttr upon. take pos~ssion of and manage the Property and to colleci the
rents of tht Property including those past due. Any rents collected by Lender or the receiver shall be applied first to
payment oi thesosts of management oi th~ Properiy anc~ cuiia:tiu~ ~i ~~~ts. i~~iu3ii~~, ui~i n~t ;in~it~ ic~, c~,ei~~e~'~ f~L~,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security instrument.
Zl. Retease. Upon payment of all sums secured by this Socurity tnsttument. I.ender shal! release this Security
, Instrumtnt without charge to Borrower. Borrower shall pay any rxordation costs.
Z2. Atlorneya' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shatl include any attorneys'
fees awardal by an appeUate eourt.
23. Rlders to t6is Seeurity Instrument. If one or more riders are executed by Borrower and recordtd together with
this Security Instrument, tht covenants and agreements of each such rider shall be incorporated into and shall amend and
supplement the covenants and agreements of this Security Instrument as if the ricier(s) were a part of this Security
Instrument. [Check applicabte box(es)]
Adjustable Rate Rider ~ Condominium Rider ~ 2-4 Family Rider
? Graduatod Payment Rider Planned Unit Development Rider
? Other(s) [specifyJ
BY SIGNING BE~ow, Borrower accepts and agrees to the terms and covenants contained in this Security
Ins:rument and in any rider(s) executod by Bonower and recorded with it.
Signed~nd dclivered in the presence of
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Luis M. Valdes
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. (Seal)
Maria A. Valdes
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--awro+re.
Isosce 6Now This une Fo. Ackno,.fee~?1
STATE OF ~~SS• County ss: /y S.~~X
I hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared
Luis M. Valdes
Maria A. Valdes
, to me known to be the person(s) described in and who executed thc
~ foregoing instrument and actcnowiedgcd beforc me that ,~H~Y executed the same for the purpose iherein
expressed.
W Ness my hand and official seal in the county and state aforesaid this day of
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, My Commission exp~res: Q~, r~, /S~j~ --,_;q~ Ll,q
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