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��14��519 ; 4 8. Bvrrower's Right to Reinstate. Barrawer has n�right�o reinstate the laan af�er Lender has accelerated the sums secured hereby. Lender may al�ow Borrower to reinstate the loan pra��ding that: [a� , Borrower pays Lender a�1 sums which would be then due under this Security Instrument and the Note had � no acceleration nccurred; (b} Borrow�r cures all breaches of any other co�enants ar agreemen�s of Barrower contained �n this Security Instrument; (c} Borrawer pays alI reasvnable �xpenses incurred by �ender and �'rus�tee i� enforcing th� co�enants and agreem�nts of Borrawer contained in this Security Instrument, and in enforcing Lender's and Trustee's remedies as pro�ided in paragraph 7 th.ereof, inc�uding, but not�imi�ed�v, reasonable attorneys' fees and e�penses; and�d)Borrawer takes such actx�n as Lender may reasonably r�quir� to as�ure that the lien of this Security Instrument sha�l con�inue unimpaired. Upon such payment and cure�y Borrower,this Secur�ty Instrumen�and the obligation secured hereby sha��remain in fu11 f�rce and effect as if nv ac�elerativn had occurred. 8. Assignments af Rents; Appaintment of Re�ei�er; L�nder in Possession. As add�tional security hereunder, Borrower hereby ass�gns to Lender the rents of the Prvperty, pro�ided that Borrawer sha�1, prior tv acceleration under Paragraph 7 hereof or abandonme�at of the Prnper�y, ha�e the right to col�ect and retau�.such rents as they become due a.nd payable. Upon acceleration under paragraph 7 hereof or abandonment of#he Property,Lender, in person,by agent ar by judicially appointed recei�er shall�e�ntitled to e�nter upon,ta�e possessi�n af and rnanage the Property and tv co�lect the rents of the Prop�rty in.cluding those past due. All rents coliected by Lender or th� recei�er shall be applied fust to payment of�he costs af management of the Property and collection rents, including,but not limited to,recei�er's fees,premiums vn recei�er's bonds and reasonab�e attorney's fees, and then�o the sums secured by this Security Ins�rument. Lender and the recei�er shall be liable to account only for those rents actually recei�ed. � 9. Release. Upon payment of a11 sums secured by this Security Instrument,Lender.sha11 release - this Secur��y Instrument with�ut char�e to Borrawer. Borrower shali pay a11 costs o�recordation,if any. 1�. Substitute Trustee. Lender, at its ap�ivn and with or without cause, may from t�me to t�me remo�e Trustee and appoint,by pawer vf attorney or otherwise,a successor trustee to any Trustee appointed her�under. �Vithaut conveyance of the Property, the successor trustee shall succe�d to a�� the title, power and dut�es conferred upon Trustee herein and by applicable law. 11, S��hr�gatifl�. Any of�ie praceeds of the�ote used to take up outstanding liens aga�nst a1�or any part of the Proper�y ha�e been ad�anced by Lender at Borrower's request and upon Borrower's representation that�uch amounts are due and are secured by�al�d liens against th�Property. Lender sha�l be subrogated to any and all rights,superiar titles,Iien�and eyuities owed or claimed by any own�r or holder�f aray own�r or holder of any outstand�ng liens and dehts, regardless of whether said liens or debts are acyuired by L�nder by assignments or are released by the holder thereaf upon paymen�. 12. Partial In�aiidity. In e�en� any portion of the 5ums intended to be secured by this Securi�y Instrument cannot he lawfully secured hereby,payments in reduction of such sums shall be applied first to those portions not se�ured hereby. In the event that any applicable law limiting the amount of�nterest or other charges . permitted to he coliected is interpreted so that any charge pro�ided for in this Security Instrument or in the Note, v�hether considered separately or together with ather charges that are cansidered a part of this Security Instrument and Note �ransaction, �iolates such law by reason, such charge is hereby redu�ed to the extent necessary ta �li�ninate such violatian. The amounts of such int�rest or other charges previous�y paid to Lender in excess of�he amounts p�rm�tted by app}icable 1aw shal� be app�ied �y lender tc� reduce the principal of the indebtedness ev�denc�d by the Note,or,at L�nder's option,b�refunded. Pa e 4 of 7 Initial C� �