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��1 5��7�3 <br /> If Lender gi�es natice�f breach to Borrower:�a}a11 ren�s recei�ed by Borrower shal�he held by <br /> Sorrower as trustee for benefit af L�nder only,to be applied to the sums secur�d by this�ecurity <br /> Instrument;�b}Lender shall be entitled to coliect and rece�ve alI of the rents�f the Property;and�c} <br /> each tenant of the Praperty sha1�pay all rents due and unpaid ta Lender or Lend�r's agent an Lender's <br /> �vritten dernand to the t�nant. <br /> Borrower has n�t executed any prior assignmen�of the rents and has nvt and will not perform any act <br /> that�vould pr��ent Lender fr�m exercising its righ�s under this Paragraph 22. <br /> Lender sha11 not be required to enter upon,take contral of or maintain th�Praperiy before or after gi�ing <br /> notice of br�ach to Borrower.However,Len�ier or a�udicially appointed recei�er may do so at any tim� <br /> there is a breach.Any applicatian of r�nts sha�1 nat cure or wai�e any default or invalidate any other <br /> right or remedy of L�nder.This assignment of rents af the Prop�rty shall�erminate when the debt <br /> secured by this Security Instrument is paid in full. <br /> Z4.Foreclosure Pro�edure. If Lender requires�mmediate payment-in-fuil under Paragraph lU, <br /> Lender may invoke the power�f sale and any ather remedies permitted by applicab�e law.L�nder <br /> shall be entitled#a colle�t all e�penses incurred in pursuiag the remedies pro�ided in this <br /> Paragraph 24,inciuding,but not limit�d to,reasanable attorneys'fees and costs of title evidence. <br /> If the power of sa�e is invoked,Trustee sha11 recard a notice of default in eaeh county in which <br /> any part of the Pr�perty is located and shall mail ca�ies of such n�tice in the manner prescribed <br /> by appli�ab�e law ta Borrower and ta the other�ersans prescril�ed by applicable law. After the <br /> t�me requirQd by applicable law,TruStee shall give puhlic natice of sale to the persons and in tbe <br /> manner prescr�bed by applicable law. Trustee,withaut�lemand on Barrvwer,shall sell#he <br /> Property at puhlic auction ta the highest bidder at the time aad place and under the terms <br /> designated in the n�tice of sale in vne or more parcels and in any vrder Trustee dQtermine�, <br /> Trustee may postpone sale af all ar any parcel of the Property by publi�annvuncernent at�he <br /> time and plac�of any pre��ously scheduled sal�. Len�ler or its designee may purchase th� <br /> Praperty at any sale. <br /> Upvn receipt�f payment af the price bid,Trustee shall deli�er to the purchaser Trustee's dee� <br /> �vnv�ying the Property. The recitals in the Trust��'s deed shall be pr�ma facie e��dence of the <br /> truth of the statements made therein. Trustee shall apply tbe proceeds of the sale in the fol�owing <br /> order: (a�tv all costs�nd expenses of exercisin�the po�ver oF sal�,and the sa�e,including the <br /> payment vf the Trustee's fees actually in�urred and reasonable attorneys' fees as permitted by <br /> appticah���aw; (b)to a��sums secured by this Security Instrument; and�c�any egce�s to the <br /> person ar persons Iegatly entitled to it. <br /> 25.Lien Priority.The full amount secured by this Security�nstrumen�shall ha�e the same priority ov�r <br /> any�ther 1 iens vn the Pr�perty as if the fu�1 amount had been disbursed on the date the initial <br /> disbursement was made,regardl�ss�f the a�tual date of any disbursement.The amount secured by this <br /> Security Instrument shall in�lude all direct payments by Lender to Barrow�r and all other laan advances <br /> permitted by this 5ecurity In�trument for any purp�se.This I�en prior�ty sha11 apply natwithsta.nding any <br /> State canstitutian, law or regulation,except�hat this lien priority shall not affect the priority of any liens <br /> far unpaid Sta.te or local go�ernm�n�al unit special as�essments or taxes. <br /> Page 1�of l 4 HECM N f rst I]eed C7f'Trust-2�1 S <br />