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��14��511 , � . t 5. Borrawer's �opy,Borrower shall be given ane conformed copy of�he Nnte and of this Se�urity In strum ent. N�N-UN�F�RM C[]VENANTS.Borr�wer and Lender fur�her covenant and agre�as follows: 7. Acceleratian; Remedies. Lender shal� gi�e natice to Barrower prior to acceleration fullowing Borrower's �r�ach of any co�enant or agreerr►en�in this Security Instrument.The natice shall specify: �a}the default; (b}the action required ta cure the default; �c}a date,not less�han 3�days from the date the notice is gi�en ta Borrower,by which the default must be cured; and�d}that failure to cure the defau�t on or befare the date spe�ified in the natice may result in accele�ratian af the�ums 5ecured by this Secur�ty Instrument and sale of the Property.The notice shall fur�her inform Borrawer of the righ� to reinstate after acceleration and the righ�to br�ng a cour�a�tion to assert the n�n-existence of a default ar any other defense of Barrower ta acc�leration and sale. If the d�fault is not �ured on or before the date 5pecified in the notice, Lender at its option may require immediate payment in fuli af ail sums secured by this Se�urity Instrument w�thout further demand and may in�oke the power of sale and any flther remedies permi�ted by AppIicable Law. Lender s�a�� be entit�ed �o co��ect a�� e�penses incurred in pursuing the remedies pro�ided in this S�ction 7,including,but not limited to,reasonable attorneys'fees and co5ts of title e�idence. If the power of sale is in�oked,Trustee shall recard a notice af default in each county in which any part of the Property rs located and shall mai� capies af such notice in the manner prescribed by Applicahle Law to Borrower and to the other persons prescribed by Applicable Law. After the time require� by Applicahle Law, Trustee shall gi�e �ublic notice of sale to the persons and in the manner pr�scribed by Applicab�e Law. Trustee, without demant� on Borrower, sha�l sell the Praperty at publi� auct�on to the highest bidder at the time and place and under the terrns designated in the no�ice of sale in one or more parcels and in any order Trustee determines.Trust�e may postpone 5ale af all or any parcel of the Praperty by pub�ic announcement at�he time and place of any pre�iausly scheduled sale. Lender �r its designee rnay purchase the Property at any 5ale, Upon receipt of payrnent of the pri�e bid,Trustee sha�l deli�er t� the pur�haser Tru�tee's deed con�eying the Property. The rec�tals in the Trustee's deed sha�l be prima facie e�idence of the truth of the statements made therein.Trustee sha�l apply the praceeds uf the sale in the fol�flw�ng order: �a�to all costs and expenses of exercising the power of sate, and the sale, including the paym�nt af the Trustee's fees actually incurred and r�asonable attorneys' fees as permitted by Ap�licahle Law; �b} to ail sums secured by this Security Instrument;and�c}any excess to the persan ar persons legally entitled to it. If the Lender'� interest in this Securzty �nstrument �s held by the Secretary and the Secretary re�u�res �mmediate payment in fu�l under Paragraph 7 af the Subordinate Note, the Secretary may in�oke the non judiciai power of sale pro�ided in the S�ng�e Family Mortgage Farec�asure Act of 1994 �"Act"} (12 U.S.�. 3751 et seq.} by requesting a fore��osure commis5ioner designated under the Act to commence fore�losure and to sell the Property as pro�ided by the A�t.Nothing in the preceding sentence shall depri�e the Secretary of any rights otherwise a�ailable to Lender under this paragraph or applicahle�aw. 8. Bankruptcy Discharge. If Borrower, subsequent �o JULY 3U, 2��7, receives a discharge in a Chapter 7 bankruptcy, and there is no �alid reaffirmatian agreement of the underlying debt. Lender will not attempt�o re-�s�ablish any persanal liability for�he underlying debt. 9. Request for Notices. Borrower xe�ue�ts that copies of the notices of defau�t and sale b� sent to Bflrrower's address which is the Property Address. lU, Substitute Trustee. Lender, at its opt�on, may fram time to time remo�e Trustee and appaint a successor trustee to any Trustee appointed hereunder by an iristrument recorded in the county in which this FHAIVA HUD-HAMP Loan Modi�cation Agr�ement�2�92d I4_�I� WD1Z�.U6.1 9�4ZZ17519 First American Mo�gage Services Page 3