Laserfiche WebLink
200002632,.; <br />attorneys' fees and costs of title evidence; (b) to all sums secured by this Deed of Trust; and (c) the <br />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 <br />Deed of Trust, due to Borrower's breach, Borrower shall have the right to have any proceedings begun by <br />Lender to enforce this Deed of Trust discontinued at any time prior to the earlier to occur of (i) the fifth day <br />before the sale of the Property pursuant to the power of sale contained in this Deed of Trust or (ii) entry of a <br />judgment enforcing this Deed of Trust if: (a) Borrower pays Lender all sums which would be then due under <br />this Deed of Trust and the Note had no acceleration occurred; (b) Borrower cures all breaches of any other <br />covenants or agreements of Borrower contained in this Deed of Trust; (c) Borrower pays all reasonable <br />expenses incurred by Lender and Trustee in enforcing the covenants and agreements of Borrower contained in <br />this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in paragraph 17 hereof, <br />including, but not limited to, reasonable attorneys' fees; and (d) Borrower takes such action as Lender may <br />reasonably require to assure that the lien of this Deed of Trust, Lender's interest in the Property and Borrower's <br />obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon such payment and <br />cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full force and effect as <br />if no acceleration had occurred. <br />19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security <br />hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to <br />acceleration under paragraph 17 hereof or abandonment of the Property, have the right to collect and retain <br />such rents as they become due and payable. <br />Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent <br />or by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property <br />and to collect the rents of the Property including those past due. All rents collected by Lender or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, <br />but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the <br />sums secured by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents <br />actually received. <br />20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness <br />secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without <br />charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of <br />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 <br />Deed of Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the <br />title, 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 <br />to Borrower's address which is the Property Address. <br />(=! 76)NE)(9803) <br />"'�'� Page 8 of 7 <br />0 <br />Initials: <br />Form 3828 <br />