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��14����7 <br /> 19.Assignment of Rents.Borrower un��ndi�i�na��y assigns and transfers�o Lender al�the rents and <br /> revenues of the Property. Borro�er au�hori�es Lender or Lender's agents tn cnlleet the rents and <br /> revenues and hereby dire��s each tenant of�he ProperCy t�pay�he rents to Lender ar L�nder's agents. <br /> �owever, pr�or�a Lender's no�i�e�a Borrawer af Borrower's breach of any covenant or agreement in�he <br /> Secur�ty Instrument,Barrov�er sha�l collect and recei�e al1 rents and revenues of th�Property as trustee <br /> for�he b�nef t of Lender a.nd Borr�wer. Thxs assignment af rents constitutes an abso�ute assignment and <br /> no�an assignment for add�tional secur�ty on�y. <br /> If Lender gives no�i�e of breach to Sorrov��r: (a}a1�ren�s received by Borravver shal�be h�1d by <br /> Borrov�er as�rustee for beneft�f Ler�der only,to�e a�apl�ed to the sums secured by�his S��urity <br /> Instrument;(b�Lender sha11 be ent�tled to co�lect and receive a�� of the rents of�he Proper�y;and(c� <br /> �ach tenan�of�he Prop�rt�r shall pay a��rents due and unpaid ta Lender�r Lender's age�t an Lender's <br /> vvritten demand to the�enant. <br /> Bvrrower has�ot executed any pr�or ass�gnment of�he rents and has nat and wi11 no�perform any act <br /> �hat would prevent Lender from exerc�sing its righ�s under thxs Paragraph 19. <br /> Lender shal�no��e requ�red to enter upon,�ake con�ro�of or maintain the Proper�b�fore or after giv�ng <br /> no��ce of breach to Borrovver. Hovv�ver,Lender ar a judicially appainted r�ceiver may do so at any t�me <br /> �here�s a breach.Any app��cation�f ren�s sha��not cure or waive any d�fau�t or inval�date an��ther <br /> righ�or remedy af Lender. Th�s ass�gnment of ren�s of the Prapert�sha�l termina�e when the debt <br /> secured by th�s Security�nstrument is paid zn fu1�. <br /> 2U. Foreclosure Procedure.If Lender requ�res immediate payment-in�fu�l under Paragraph 9, <br /> Lender may fn�oke the power of sale and any other remed�es permitted by applicable Iaw. Lender <br /> �ha��be ent�t�ed ta�ollect a�l expenses incurred in pur�uing the remedies provided in this <br /> Paragraph 2�,inc�uding,but not l�mit�d to,reasanable attorne�s'fees and co�ts of title e��den�e. <br /> If the pov�er of sale is in�aked,Trustee shall record a natice of default in each county�n wh�ch any <br /> part of the Property�s located and sha��mail cop�es of such notice in the manner pre�cribed by <br /> appl�cab�e law ta Borrower and ta tbe other per�ons prescribed by appiicabie�aw. After the time <br /> re�uired by applicab�e law,Trustee shall���e public x�atice of sa�e to the persons and in the <br /> manner prescribed by app�icab�e�aw. Trustee,without demand on Bvrrowery shall sell the <br /> Property at public auction to the highe�t bidder at the time and place and under the terms <br /> desi�nated �n the not�ce af sale in one or more parce�s and�n any order Trustee determine�. <br /> Trustee may postpone sale of ali or any par�ei of the Property by pub�ic announcement at the time <br /> and place of any prev�ousl�schedu�ed sale. Lender or it�designee may purchase the Property at <br /> any sale. <br /> Upon rece�pt of payment of the price b�d,Trustee shall deliver to the purchaser Trustee's deed <br /> con�ey�ng the Property. The recita�s in the Trustee'S deed sha�l be pr�xn.a facie evidence of the <br /> truth of the statements made therein. Tru�tee shall app�y the proceeds of the sa�e�n the fox�owing <br /> order: [a�to a��co�ts and expenses of exercis�ng the power of sale,and tbe sale,inc�uding the <br /> payment of the Trustee's fees actually incurred and reasonable attorne�s'fe�s a5 permitted b�y <br /> appii�able law; (b�t�a�i sums secured by thrs Security Instrument; and�c�any excess to the <br /> person or persons�egally ent�tled to it. <br /> 21.L�en Priority.The fu�l am.ount secured b�this Security Ins�rument shall have the same priority over <br /> any other liens an the Prop�r�y as�f the fu�1 am�unt h�.d been disbursed an�he date the�ni�ial <br /> disbursement was rr�ade,re�ardless of the a��ual da�e af an_y disbursement. The amoun�secured b_y th�s <br /> pag� g❑��Z HECM First Deed�f Trust <br />