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<br /> all sums secured by this Deed of Trust. If Borrower fails to pay these sums prior to the expiration of this period,
<br /> Lender may invoke any remedies permitted by this Deed of Trust without further notice or demand on Borrower.
<br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br /> 17. Acceleration; Remedies. Except as provided in paragraph 16 hereof, upon Borrower's breach of any :
<br /> covenant or agreement of Borrower in this Deed of Trust, including Borrower's failure to pay, by the end of 10
<br /> calendar days after they are due, any sums secured by this Deed of Trust, Lender prior to acceleration shall give
<br /> notice to Borrower as provided in paragraph 12 hereof specifying: 11) the breach; (2) the action required to cure
<br /> such breach; (3) a date, not less than 20 days from the date the notice is mailed to Borrower, by which such
<br /> breach must be cured; and (4) that failure to cure such breach on or before the date specified in the notice may
<br /> resuft in acceleration of the sums secured by this Deed of Trust and sale of the Property. The notice shall further
<br /> inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the
<br /> nonexistence of a default or any other defense of Borrower to acceleration and sale. If the breach is not cured on
<br /> or before the date specified in the notice, Lender, at Lender's option, may declare all of the sums secured by this
<br /> Deed of Trust to be immediately due and payable without further demand and may invoke the power of sale and
<br /> 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 the :
<br /> Property sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made
<br /> 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 5.00 %
<br /> of the gross sale price, reasonable attorneys' fees and costs of title evidence; (b) to all sums secured by this
<br /> 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
<br /> of Trust, due to Borrower's breach, Borrower shall have the right to have any proceedings begun by Lender to
<br /> enforce this Deed of Trust discontinued at any time prior to the earlier to occur of (i) the fifth day before sale of
<br /> the Property pursuant to the power of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing
<br /> this Deed of Trust if: (a) Borrower pays Lender all sums which would be then due under this Deed of Trust and
<br /> the Note had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of
<br /> Borrower contained in this Deed of Trust; (c) Borrower pays all reasonable expenses incurred by Lender and
<br /> Trustee in enforcing the covenants and agreements of Borrower contained in this Deed of Trust, and in enforcing
<br /> Lender's and Trustee's remedies as provided in paragraph 17 hereof, including, but not limited to, reasonable
<br /> attorneys' fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of
<br /> this Deed of Trust, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this
<br /> Deed of Trust shall continue unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the
<br /> obligations secured hereby shall remain in full force and effect as if no 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
<br /> under paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as
<br /> they become due and payable.
<br /> Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or :
<br /> by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to
<br /> collect the rents of the Property including those past due. All rents collected by Lender or the receiver shall be
<br /> applied first to payment of the costs of management of the Property and collection of rents, including, but not
<br /> limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums
<br /> secured by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually
<br /> 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
<br /> this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the
<br /> person or 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
<br /> successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed
<br /> of Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title,
<br /> power and duties conferred upon the Trustee herein and by applicable law.
<br /> , 22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to
<br /> Borrower's address which is the Property Address.
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