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��14��575 Lender sha�l not be required to�nter up�n,tak�contr�� of ar max��ain the Property before or after giving notice of brea�h to Borrower. Hau�ever, Lender ar a judicially appainted rece�ver may do so at any t�rne there xs a l�r�ach. Any appl�catian of rents sha�l nflt cure ar�aiv�any defau��ar invalidate any other right or remedy af Lender. This assignment of ren�s of the Proper�y shall t�rmina�e vvhen�he deb� secured by th�s Securi�y �nstrument is paid in full. 2U. Foree�osure Proc�dure. If Lender requires immediate paymentWin-fuli under Paragraph 9, Lender may�n�oke the po�ver of sale and any other rerne�ies perm�tted by applica��e law. Lenc�er sha�l be ent�t�ed to co��ect all�xpenses incurred in pursuing the remedies pro��ded in this Paragraph 2�,�nclu�ing, but nat li�n.ited to,reasonah�e attorn�ys'fees and costs of title evidence. If the power af sale is invaked,Trustee sha��record a �.otice of�lefault in each county in wh�ch any part of the Property is�ocated and�ha�l ma�l copies of su�h notice in the mann�r prescribed by app��cab�e�aw to Sorr�wer and to the ather persons pres�rib�d by applicab�e law. After the t�me requ�red by app��ca��e law,Tru�tee shall gi�e public n�t�ce of sa�e to the perso�s and�n the manner pre5cribed by appli�able law. Trustee�w�thout demand an Barrower,sha��sel�the Property at pub��c auct�on to the highest bidder at the time and p�ace and under the term� des�gnated in the notice vf sal��n one�r mare parcels and�n any order Trustee�letermines. Trustee may pastpone sale of aix or any parce�of the Pruperty by pub��c ann�uncemQnt at th�tim� and p�ace vf any prev�ous�y schedu�ed sa�e. Lender or�ts des�gnee may purcha5e the Property a� any saie. Upan r�ce�pt of payment of the pri�e bid,Tru�tee shall deliver tv the purchas�r TruSte�'s deed conve��ng the Property. The recita�s in the Trustee's d�ed sha��be prima fa�ie ev�den�e of the truth af the statements made therein, Truste�sha�l app�y the pra�eeds of t�e sa�e in the fol��wing order: (a)to a�l�osts and expenses of�xer�ising the power of sale,and the sa�e,�ncluding the payment of the Trustee's fees actually in�urr�d and reason.ab�e attorneys'fees as permitted by appl�cable law; (b3 tv all sums secured by th�s Se�urity Instrument; and�c}any exc�ss to the person or persons legally entit�ed to it. 21. L��n Priority.The full amount secured by�h�s Securxty �nstrument shall hav�a Iien pri�r��y subordinate on�y ta the fu1l amoun�secured by the F�rs�Secur�ty Ins�rument. 22.Ad j usta ble-Rat�Fea ture. U nder the Note,the in iti a� stated i nteres�ra�e of 2a 9��%vvhi�h a�crues on�he unpai d princi�al balance�"I nitial Interest Rate"�i s subj ect to change,as described be�ow. W�en the int�rest rate�hanges,the n�w adj us�ed interest rate Will be applied to the�ota� au�stand�ng princ�pal ba�an�e. Each adj us�men��o�he�nterest rate wil�be based upon the a�erage of�nterbanl�offered rates for o�e--m�n�h U.S. do�lar denom�na�ed depasits�n the L�ndan�Vlarket�"LrB�R"3, as pubiished�n The 'L�Va�I Str�et lourna� �"�ndex"�p�us a margin. Zf the Zndex is no �anger availabl�, Lender vvrl�b�requ�red to use any�ndex prescribed by the Departm�n��f Hous�ng and Urban De�elopment.Lender�vi�i give Borrow�r n�t�ce of nev� �ndex. Lender w��perf�rm th�ca�cu�ations described belo�v to determ�ne the n�v�ad�us��d�nt�rest rate. Th� interest ra�e may change on June 1,2�14 and�n�he f��st c��y�f each s�.��ed�r�g m�rnt�►. "Change Date" means each date�n vWhich the interest rate cou�d change. The value of the Index wi�l be de�erm�ned, using�he mo��r�cent�nde�.f gure avai�able thirty �34�days before t�e Change Da��"�urrent�ndex"�. Before�ach Change,Date,the ne�interest rate will be calculated b_y addin�a mar��r�to the�urrent�ndex. The sunn of the mar��n�p�us�he�urr�nt Index vvill Page S vf I I HECM Second Deed�f Trus�