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��14��5�� Lender shall not be re�uired to ent�r upon,take control af or maintain the Praperty b�fore or after g��ing notice of breach to Barrower. Howe�er, L�nder or a judicially appc3inted recei�er may d�so at any time �here is a l�reach. Any application of rents shall not cure or�vaive any default or in�alidate any other righ�or remedy of Lender. This assignmen�of rents af the Propert�� shal� termina�e when the debt secured by this Security Ipstrument is paid in full. �1. Fareclosure Procedure. If Lender requires immedia#e payment-in-full under Paragraph lU� Lender may in�oke the pawQr of�a�e and any other remedie� permitted by app�icable�aw. Lender shall be entitled tv�allect all ex�enses incurred in pur5uing th�remedies provided in this Paragra�n 21, including, but not limit�d to, reasonable attarnF�ys' fees and casts of title e�idence. If the power�f sale�s invo�ed�Trustee�hall recard a notice of defau�t in each caunty in whi�h any part of the Property is�ocated and shall mail copies of sucli notice in the manner prescribed by appli�able law to Barrflwer and ta the other persons prescr�bed by applicable�aw.After the time required by appli�a�le law, Trustee shall give publi�noti��e of sale to the persons and in the manner prescribed by app�icable�aw. Trustee,without demand on Barrow�r,shall seli the Prvperty at pub�ic auction to the highest bidder at the time ant� place and under the terms de5ignated in the notice af sale in one vr mare parcels and in a�zy order Trustee determines. Trustee may pastpane sale of a�l ar any parcel of the Property by pub�ic announcement at the t�me and place of any previously scheduled sale. Lender ar its t�e�ignee may pur�hase the Property at any sale. Upon receipt of payment of the pri�e bid,Trustee shal�deli�er to the purchaser Trustee's deed con�eying the Property. The re�itals in the Trustee's deed shatX be prima facie e�idence af the truth af the statements mad�therein. Trustee sha��apply the p roce�ds of the�ale in the following order: �a}tu alt costs and expenses of ex�rcising the pawer of s��le,and the sa�e,including the payment of the Trustee's fees actua�ly incurred and reasonabl�attarneys' fees as permitte� by app�icable law; ��}to all sums secured by this Security Instrurr�ent; and �c}any excess ta the person or persons lega�ly ent�t�ed to it. 2Z. Lien Priority, The full amount secured by th�s Security Instrurnent shall ha�e a lien priority subardinate onIy to the full amount secured by the First Security Instrument. 23.Adjustable--Rate Feature. Under the Note,the initial s�ated in��erest ra�e of 2.53�%which accrues on the unpaid principal balance�"Init�ai Interest Rate"} is subje�t�c�change, as described below. �Vhen the interest rate changes, the n�w adj usted interest rate wi�� be app�i�d to the total �utstanding principal balance. Each adjustm�nt ta the interest rate w�ll be based upon the�a�erage of interbank offered rates for ane-month LJ.S. do�lar denominated deposits in the London Mark�t�"LIB�R"}, as published in The Wal� Street Journa� �"I ndex"}pl us a margin. I f the I ndex �s na �an�;er a�ai lable, Lender w�11 be req uired to use any index prescribed by the Department of HausYng and Urban De�e�flpm�nt. Lender vvill gi�e Borrower notic�of ne� index. Lend�r w��1 perform�he ca�culations described be�ow to determine the new adjust�d interest rate. The in�er�st rate may change on December 1,2D1�and on the f�rst d��y af each su�ceeding month. "�han�� Date" means each date in which the interest rate could ch;�nge. The�a�ue of the Index w�ll be determined, using the most recent Index figure a�ailable thirty�34�days before the�hange Date�"�urrent index"�. Befare each�hange Date, the new interest ra�e will be calcula�ed by adding a margin ta the Current Index. The sum of the margin plus the�urrent Index w��l be called the "�alculated Interest Rate" for�ach Chan�e Date. Th��a�cu�a�ed �nterest Rate will be Page 9 of 12 HECM 5econd Deed�f Trust--: ,