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~ Nc~N UNIFuR~t Ct~~'tN~NTS Hurruw•rr and Lender furcher cuvenanc and a~;rre ~s fuUuws: s
l9. Acceleracion; Remedies. l.ender shall give nucice co Borrower prior co acceferatio~ followir,g Borrov~•er's ~
breach of any covenanc or agreemenc in this Security Inscrumeoc (but noc prior co acceteration under paragraphs 13 and
17 unless applicable law provides ocherwisel. The noc+ce shall specify: (a) che default; (b) the attion required to cure che
default; (c) a dace, not Irss chxn iQ days f~om che date the nocic-e is given co Horrow•er, by which the default must be cured;
and ld1 chac failure co cure the default on or before the date specified in the nocice may result in acceleration of the sums
secured by chis Securicy lnstrument. foreclosure by judicisi proceeding and sale of the Property. The nocice shall furcher
ir~Form Borrower of ~he righc co reinstate aEter accelecacion and the right co assert in the foreclosure proceeding the non-
existence of a defaui~ or any~ ocher d~efense of Borrower co acceleration and foreclosure. If che defaulc is not cured on or
before the dace specified in che nocice~ Lender at ics optio~ may require immediate payment in full of all sums secured by
chis Security lnstrumenc without further demand and may foreclose this Secu~ity Instrumenc by judiciai proceeding.
Lender shail be enticled co collecc all expenscs incurred in pursuing the remedies prov~ded in chis paragraph 1),
including, but not limiced co, reasonable attorneys' fees and costs of cicle evidence.
20. Lender in Possession. Upcsn acceleration under paragraph 19 ur ab:~ndonmenr uf the Prupertp, Lender (b~~
judicialt~~ apExiinted receiver) sha!! be entitle~l tu enter upun, rake pussession uf and mana~e che Prupert~• and cu cullece che
ren~s uf the Pn~pertg including ehuse p~se due. An}• rents culterced by Lender or the receiver shall be applied firsc co pa~•men~
uf the rusts uf manaKement uf the P~uperty and culleceion of rents, including, but nut limited tu, recei~~er's fees, premiums ~~n
recei~•er's b~~nds and reasunable atturneys' fees, a~xi ~hen cu the sums secured by~ this Security lnstrumene.
21. Release. Up~~n payment ~~f all sums secured by this Security Instrument, Lender shall releasr chis Security
lnscrument w•ith~~ut charge to &~rrow•er. Burruwer shall pay an~' recurdation r~~sts.
22. Attorneys' Fees. As used in this Security Instrument and che Nuce, "attc~rneys' fees" shall include an~• att~>rneps'
fees aw•arJed by an ~ppeltace cuurt.
2i. Riders co this Seeurity Instrumenc. If one or more riders are execured b~~ Aurruwer and recorded toAecher wich
chis Seruricy Inscramene, che cuvenanrs and a~reemencs of each such rider shall be incorpuraced inco and sha{I amend and
supplemene ~he covenants and agreements of this Security Instrumrnt as if the riderisl were a parc of this Security
lnscrument. ~Check applicable boxles)~
? Adjuscable Rate Rider ? Cunduminium Rider ??--i Family Ri:~er
? Graduated Payment Rider ? Planned Unic Uevelupment Rider
? Other(s? ~specif~•~
BY SIC~N1l~'cc BEt.c3vi,~, Burrower accepts snd aRrees to the terms and cu~•enanes cuncained in this Securic~• Instrument
anc! ' erts) execuced b}~ Borrower and recurded with ie.
Si and deli.•ec i e s ce o
. . . . .
C' tSeal?
nneth M Pressey -eOfOWer
B
~
ISeal?
-Borrower
Sharon L Pressey
~Space Belpw Th~s Line for Acknowledgment)
SrnTE oF F~.oR~un . . Martin Counry ss:
1 hereb}' cercify that on this da}'. before me, an ufficer duiy authorized in the stare afuresaid and in the ruuncy
af~~resaid co ~ake arknuw~ledgmen~s, persunaii}• :~ppeared Kenp~~Li..kl..~xeSS~y..a11d..Sb1IOA. J....PT.eSS~y.......
, _ _ _ ...his, .wife . . . . . . . . t<~ me knuwn to be rhe persun~s) described in and who executed the
fureKe?ing inscrumene and acknuw~led~eei befi~re me chac ...they execuced che same fur the ~u'rpuse cherein
expressed. j~~
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Vi~ITNECS m• hand and ufficial seal in chr ruunc • and state afuresa~d this ist +''"~~t
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. . . . . _ JanuarX. . . . . . . . _ . .
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19...... .4- ~
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Mq Cummissiun expires: - - : c:'` ~
[SeaI) . .No. ? ~,2erf`
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Notary Public. St~ ' 6tf~..~.~ r~' ._~Y • .
Mr Commission ~~ug. 14:•,1~93 :
b.;nttd Thru Tr -~t 'r' .
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"90 JM125 Ai0:3? ~
i021328 g~
FILE; AND 2EC~r:~'
DOUGLAS DIXON
S1. LUCI~ ~OJNT Y.
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600K ~ ! 4 ~ACE 2~75
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