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�U1202697 Borrower as trustee for benefit of Lender only, to be applied to the sums secured by this Security Instrument; (b) Lender shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Properiy shall pay all rents due and unpaid to Lender or I,ender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this Paragraph 19. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However, I,ender or a judicially appointed receiver may do so at any rime there is a breach. Any application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt secured by this Security Instrument is paid in full. 20. Foreclosure Procedure. If Lender requires immediate payment-in-full under Paragraph 9, Lender may invoke the power of sale and any ot6er remedies permitted by applicable Iaw. Lender shall be entitled to collect all expenses incurred in pursuing t6e remedies provided in this Paragraph 20, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power af sale is iavoked,lYustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of suc6 noNce in the manner prescribed by applicable Iaw to Borrower and to the other persons prescribed by applicable law. After the time required by applica6le law, 'IYustee s6a11 give public notice of sale to the persons and io the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the nolice of sale in one or more parcels and in any order 1Yustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or itc designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser'I�ustee's deed conveying the Property. The recitals io the 1Yustee's deed shall be prima facie evidence of t6e truth of the statements made t6erein. 1Yustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of ezercising t6e power of sale, aud the sale, including the payment of the 1'rustee's fees actually incurred and reasonable attorneys' fees as permitted by applicable law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to i� 21. Lien Priority. The full amount secured by this Security Instrument shall have the same priority over any other liens on the Properiy as if the full amount had been disbursed on the date the initial disbursement was made, regazdless of the actual date of any disbursement. The amount secured by this Security Instrument shall include all direct payments by Lender to Borrower and all other loan advances permitted by this Security Instrument for any purpose. This lien priority shall apply notwithstanding any State constitution, law or regulation, except that this lien priority shall not affect the priority of any liens for unpaid State or local govemmental unit special assessments or taxes. 22. Reconveyance. Upon payment of all sums secured by this Secwity Instrument, Lender shall request Trustee to re-convey the Property and shall swTender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Properry without wairanty to the person or persons legally entitled to it. Such person or persons shall pay any recordarion costs. Lender may charge such person or persons a fee for reconveying the Properry, but only if the fee is paid to a third pariy (such as the Tnistee) for services rendered and the charging of the fee is permitted under applicable law. 23. Substitute 1Yustee. L,ender, at its oprion, may from time to time remove Tnutee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the couaty in wluch this Security Instrument is recorded Without conveyance of the Ptoperry, the successor trustee shall succeed to all the tifle, power and duties conferred upon Trustee herein and by applicable law. 24. Request for Notices. BORROWER HEREBY REQUESTS THAT, UNLESS OTI-IERWISE PRESCRIBED BY LAW, A COPY OF ANY NOTICE OF DEFAULT OR NOTICE OF SALE PURSUANT TO THE NONJUDICIAL FORECLOSURE OF THIS DEED OF TRUST BE MAILED TO BORROWERAT BORROWER'S MAILING ADDRESS SET FORTH HEREIN. 25. Riders to this Security Instrumen� If one or more riders are executed by Bonower and recorded together with this Security Instrument, the covenants of each such rider shail be incorporated into and shall 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).] Pege 6 of 8 HECM First Iked Of Tcust