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��14�1�7� � , � 8. B�rrower's Right tv Reinstate. Borrower has no r�ght t�reinstate the loan after Lender has accelerated�he sums secured hereby. Lender may allow Bflrrower to r�instate�he Ioan pro�iding tha�: �a} Borrower pays Lender all sums which w�uld be then due under this Security Tnstru.ment and the Note had no acceleration occurred; �b} Borrower cures a11 breaches of any o�her co�enan�s nr agreements flf Borrower ��ntained in this Security Instrument; �c} Borr�w�r pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenants and agreements of Borr�v�er contained in this Security Instrument, and in enforcing Lender's and Trustee's rernedieS as pra�ided in paragraph 7 thereof, in�lud�ng, but not�imited to, reasanable attarneys' f�es and expenses; and �d} Borr�wer takes such action as Lender may reasonably require ta assure that the lien of this Security Instrument sha�l continue un�mpaired. Upon su�h payment and cure by Borrower,this Security Instrumen�and th�ob�igati�n secured hereby shal�remain in full f�rce and effect as if no acceleratian ha�occurred. $. Assignm�nts of Rents; Appointment af Recei�er; Lencler in Passes�ion, As additional security hereunder, Borrawer hereby assigns to Lender the rents �f the Property, provided that Barrower shall, prior to ac�eleration under Paragraph 7 hereof or abandonment of the Property, ha�e �he right to callect and retain such rent�as they become due and payable. Upon acce�eration under paragraph 7 hereof or abandanmen�of�he Pr�perty,Lender, in person,by agent or by�udicialiy appointed recei�er shall be entitled ta enter�pon,�ake possession of and manage the Property and to callect the rents of the Property includin�those past due. All rents collected by Lender or �he rece�ver sha11 be applied first �o payment of the �osts af management of. the Proper�y and collection rents, including,but not limited to,recei�er's fees,premiums�n recei�er's hands and reasonabl�a�to�ey's fees, and then ta the sums secured by this Security Instrument. Lender and the receiver sha1�be Iiable to . account�nly for those rents actually recei�ed. 9. Release. Upon payment of all sums secured by this Security Instrument,Lender shall release this Security Instrument wi�hout charge ta Borrower. Borrflwer shal�pay al1 cvsts nf recorda�ian,if any. lU. Substitute Trustee. Lender, at its option and with �r without cause, may fram ti�ne �o time remo�e Trustee and appoint,by p�vWer af attorney�r otherwise,a successor trus�ee to any Tru�tee appa�nted hereunder. Without con�eyance of the Praperty, the success�r trustee shall succeed to ali the title, povri�r and duties conferred upan Trustee herein and by applicable law. � 11, Su�rogation. Any of the pr�ceeds of the Note used to take up outstanding liens agains�a11 or any part of the Property ha�e been ad�anced by Lender at B�rrower's request and upan Borravver's representation that such amounts are due and are secured by�alid liens against the Property. Lender shall be subrogated to any and a11 right�, superior titles, liens and equities owed or claimed�y any awner or holder af any flwner ar halder of any autstanding liens and debts, regardless of whether said liens or d�bts are acquired by Lender by assignments or axe released by the holder thereof upan payment. 1Z. Partial In�alidity. In e�ent any portion of the sums intended ta be secured by this Secur�ty �nstrument cannot b�lawfully secured hereby,payments in reduct�on of such sums sha11 be applied first�o those portions not secured h�reby. In the e�ent that any applicable law limiting the amount of interest or other charges permitted to be collected is interpreted so that any charge pro�ided for in this Securi�y Instrument or in the Note, whether cons�dered separately ar together with�ther charges that are cons�dered a part of this Security Instrument and Nate transaction, �iolates such law by reason, such charge is hereby reduced ta the e�.tent �ecessary to eli�aina�te such violatior�. The amounts of such interest ar other charges prev�ausly paid to L�nder in excess of the amounts permitted by applicable law shal� be applied by lender to reduce the principal af the indebtedness e�idenced by the Note,or,at Lender's option,be refunded. . . � Page 4 vf 7 Initial �