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<br /> may result in acceleration of the sums secured by this Deed of Trust and sale of the Property. The notice shall
<br /> further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert
<br /> the nonexistence of a default or any other defense of Borrower to acceleration and sale.If the breach is not cured
<br /> on or before the date specified in the notice, Lender, at Lender's option, may declare all of the sums secured by
<br /> this Deed of Trust to be immediately due and payable without further demand and may invoke the power of sale
<br /> and any other remedies permitted by applicable law. Lender shall be entitled to collect all reasonable costs and
<br /> expenses incurred in pursuing the remedies provided in this paragraph 17, including, but not limited to,
<br /> reasonable attorneys' fees.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which the Property
<br /> or some part thereof is located and shall mail copies of such notice in the manner prescribed by applicable law to
<br /> Borrower and to the other persons prescribed by applicable law.After the lapse of such time as may be required
<br /> by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by
<br /> applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest
<br /> bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in
<br /> such order as Trustee may determine. Trustee may postpone sale of all or any parcel of the Property by public
<br /> announcement at the time and place of any previously scheduled sale.Lender or Lender's designee may purchase
<br /> the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br /> the Property sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements
<br /> made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all reasonable costs and
<br /> expenses of the sale, including, but not limited to, Trustee's fees actually incurred of not more than
<br /> 5 % of the gross sale price,reasonable attorneys' fees and costs of title evidence; (b) to all
<br /> sums secured by this Deed of Trust; and(c)the excess, if any,to the person or persons legally entitled thereto.
<br /> 18. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of
<br /> Trust, due to Borrower's breach, Borrower shall have the right to have any proceedings begun by L,ender to enforce
<br /> this Deed of Trust discontinued at any time prior to the earlier to occur of(i) the fifth day before the sale of the Property
<br /> pursuant to the power of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing this Deed of Trust if:
<br /> (a) Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had no acceleration
<br /> occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deed of
<br /> Trust; (c) Borrower pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenants and
<br /> agreements of Borrower contained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided
<br /> in paragraph 17 hereof, including, but not limited to, reasonable attorneys' fees; and (d) Borrower takes such action as
<br /> L.ender may reasonably require to assure that the lien of this Deed of Trust, Lender's interest in the Property and
<br /> Borrower's obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon such payment
<br /> and cure by Borrower, this Deed of Trust and the obligations secured hereby shaii remain in full force and effect as if no
<br /> acceleration had occurred.
<br /> 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder,
<br /> Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under
<br /> paragraph 17 hereof or abandonment of the Property,have the right to collect and retain such rents as they become due
<br /> and payable.
<br /> Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or by
<br /> judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to collect
<br /> the rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied first to
<br /> payment of the costs of management of the Property and collection of rents,including, but not limited to,receiver's fees,
<br /> premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Deed of Trust.
<br /> I,ender and the receiver shall be liable to account only for those rents actually received.
<br /> 20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to
<br /> reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this
<br /> Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or
<br /> persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any.
<br /> 21.Substitute Trustee. Lender,at Lender's option, may from time to time remove Trustee and appoint a successor
<br /> trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Trust is
<br /> recorded. Without conveyance of the Property, the succ�s,�or#trustee shall succeed to all the title, power and duties
<br /> conferred upon the Trustee herein and by applicable law:�- . � " ""'"'""`--•�
<br /> 22. Request for Notices. Borrower requests that �ies .ofit�e no,t�cg+of`�d�ault'and notice of sale be sent to
<br /> Borrower's address which is the Property Address. �- - .�' _�� •- ,�• ,„,� �.��' � -�., �
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<br /> . ....,........._.., ... . Initials: ��
<br /> � -76(NE) (9803) Page s of 6 Form 3828
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