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. ��14��5�1 re�enues and hereby directs�ach tenant of the Property to pay the rE�nts to Lender or L�nder's agents. Hovve�er, prior to Lender's notice to Borr�vWer of Borr�wer's br�ach of any�a��nant or agreement in the Security Instrument, B�rrawer shall �ollect and recei�e a11 rents and re�enues�f the Property as trustee for the benefit of Lend�r and Borrower.This assignrnent❑f rents co��stitutes an absolute assignment and not an assignment for additional security �nly. If Lender gi�es notice�f brea�h to Borrower: �a}all ren�s recei��d�fy Barrow�r shail be held by Borrower as trustee for ben�fit af L�nder only,to be applied t�the sums secured by this Security Instrum�nt;�b) Lender shall be entitled ta callect and recei�e a�l of�:he rents af the Property; and�c} each tenan�of�h� Property shai� pay all rents due and un�a�d to Lender or Lender's ag�nt on Lender's �vrit�en demand to�he tenant. Borrow�r has not executed any prior assignment of the rents and ha:�not and wi11 not perform any act that wauld pre�ent Lender from ex�rcising its righ�s under this Paragraph 24. Lender shall not be required to enter upon, take control of or maintain the PrQperty before or after gi�ing no�ic�of br�ach to Barrower. Howe�er, Lender or a j udicially appo inted recei�er may do so at any t�me th�re is a breach. Any application of rents shall not cure or wai�e ar�y defaul�or in�aiidate any other right or remed�of Lender.This assignment�f rents af the Property shail terminate when the debt secured by this Security �nstrument is paid in full. 21.Foreclosure Procedure. If Lender require5 immediate payr�ent-�n-full under Paragraph lU, Lender may invoke the pow�r af salQ and any other remedies p�rmitted by applicable law.Lender shatl be entitled to co�lect all expenses incurred �n pursuing the remedies pro��ded in this Paragraph Z1, inc�uding, but not limited to, reasonabl�attorne:ys' fees and costs of tit�e��idence. If#he power of sale is in�oked,Trustee 5ha11 record a nati�e nf+�efault in each county in which any part of the Property is�acated and shali mail copies of su�h�natice in the manner prescribed by applicable law to Borrower and to the other persons pres�rihed by applicable law. After the time requ�red by applicable law,Trustee shall gi�e pub�i�noti�e of sale to the persons and in the manner prescribed by applicable law. Trustee,without demand on Borrower,�hall sell the Property at public auction to the highe�t bidder at the time anc� place and under the terms designat�d in the noti�e of sale in on�or more parcels and in ar�y order Trustee determines. Trustee may postpvne sale of all or any parcel of the Pr�perty��y public announcement at the time and place of any pre�ious�y scheduled sale. Lender or its ldesign�e may purchase the Pra�erty a t a ny 5ale. Upon receipt of payment af the price bid,Trustee shall d�li�er to the purchaser Trustee's deed con�eying the Property. The recitals in the Trustee's deed sha��be prima facie evidence of the truth of the stat�ments made therein. Trustee shall apply the�roceeds of the sa�e in the f�llowing order: (a)to all costs and expense5 of exercising the power of s�ile,and the sale,inclu��ng the payment of the Trustee's fees actually incurred and reasonabl�attorneys' fees as permitted by applicable law; (b}ta all�ums secured by this Security Instrurr�ent; and (c}any excess tv the person or persvns legally entitied to it. 22. Lien Prior�ty. The ful� amount secured by this Se�urity Instrulnent sha�l ha�e the same priority o�er any o�her l�ens on the Proper�y as if the fu�l amount had b�en disb��rsed on the date the initial disbursement was made, regard�ess of�he actual date of any disbur�sement. The amount secured by this Secur�ty Instrument shal� include a�l direct payments b_y Lender to Borrnwer and all o�her loan ad�ances Page 9 of l3 HECM First I�eed Of Trust-2��4