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��15�47�9 �. Borr�wers Capy. Borrower shall be gi�en one conformed capy af the Note and �f this 5e�urity Instrument. N�N-UNIFDRM C�VENAN'TS, 7. Acc�leratian;Remedi�s. Upon Borrower's breach of any co�enant or agreem�nt of Borrower in this Se�urity Instrument, including the covenat�ts ta pay when due any sums secured b� this Security Instrument, Lender, prior to acceleratian, shall giv�notice to Borrower and to any other per�on required by applxcable�aw as pra�ided in paragraph �7 hereaf spe�ifying: (�}the breach; �2)the acti�n required to �ure such brea�h;�3}a date,nat less than 3 D days from the date the notice is rnailed t�Borrawer,b�which such�reach must�e �ured; and�4}that failur�to cure such breach on or b�fore the date specified in the notice may result in ac��leration�f the sums seGured by this SeGurity Instrument and sale of the Property. The noti�e shall fur�h�r infarm B�rrawer of th�right to reinstate after acceleration and the righ�to bring a �ourt ac�ian ta assert the nonexistence of a defau�t or any other defense of Borrower t� acceleration and sale. If�he brea�h i5 not cured on or before the date specified �n the notice, Lender, at Lender's �p�ion, may declare all of the sums seeur�d by this S�curity Instrument ta be immedia�ely due and payable withQut further demand and rnay invoke the power of sale and any ather remedies permitted b�appl�cable law, L�nder shall be entit�ed ta colle�t all reas�nable casts and expenses incurred in pursuing the remedie� pro�ided in this paragraph 7,in�luding,but nat limited to,reasona�le attorneys' fees. If L�nder in�akes the pvvver sale, Lender or Trust�e shall gi�e notic�af the time, place and terrns of sale by posting written notice at least 21 days priar to the day of the sale at the courthouse do�r in each of the caunties in which the Prop�rty is situated. Lender shall mail a copy of the natice of sale to Borrower in the manner prescribed by applicabl�law. 5uch sale shall be made public�enue between the hours of 1� o'clock a.m.and 4 a'�lack p.m. an the first Tuesday in any month but, in no e�ent shall the sale commence more than three�3}h�urs after�he time stated in the notice of saie. B�rrawer authorizes Trustee t�se�l the Property to the h ighest B idder far eash in one ar mor�parcels and in such ord�r as Trustee may determine. Lender or Lender'�d�signee may purchase the Pr�perty at any sale. Trustee shal� deliver t�th�purchaser Trustee's deed conWeying indefeasible tit�e to the Property so sold with covenants af general warranty. Borrawer co�enants and agrees to defend genera�ly the pur�haser's tit�e to the Praperty agains�a�l claims and demands. The recitals in the Trustee's deed shall be prima facie e�idence af the truth nf the statements rnade therein. Trustee shall apply the proce�ds of the sale in the following arder:�a)ta all reasonahle casts and expenses af the sale,inc�uding,but not limited to, reasonable Trustee's and attorney's fees and costs of titie�vidence;�b}to a�� sums secured by this Security Instrumen�;and��the exces�,if any,t�th�person or persans legal�y entitled thereta. �f the Praperty is s�ld pursuant Ca this paragraph 7, Barrower or any person holding pas�ession of �he Properry�hrough Borrower shall immed�ate�y surrender possession of the Property ta the pur�haser at such sa1e. If possession is not surrendered,Borrower ar such person shall be a�enant at sufferance and may be remoWed by writ of passessian. If th� Lender's interest in this Security Instrument is held by the Se�retary and the Secretary requires irnmediate payment in full under Paragraph 7 of the Subordinate Note, the Secretary may in�oke the nonjudic�al power af sale provided in the 5in�le Family Mortgage Foreclasure Act of I994�"A�t"��1� U.S.C. 375� et seq.) by reyuesting a farec�asur� ��mmiss�oner designated under the Act tv cammence f�recl�sure and to sell the Properry as pr��ided in the Act. Nothing in the preceding sentence shall depri�e the 5ecretary of any right�otherwise a�ailable ta a Lender under this paragraph or appl�cable law. Page 3 of 7 Initial