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� 2� 1 �� 1249 this Security instrument or the Note which ca.n be gi�en effect without the canflicting prv�ision.To this end the pro�isions of this Security Instrument and the Note are declared to be se�erable. 6. Borrower's Copy.Borrower shall be gi�en one conformed c�py of the Nate and of this Security Instrum ent. N�N-LTNZF�RM C�VENANTS.Bvrrower and Lender further covenant and agree as fo�lows: 7. Acce�eration; Remedies. Lender shall gi�e not�ce to Borrower prior ta acceieration following Borrower's breach of any�o�enant or agreement�n this 5ecurity Instrumen�The notx�e shai! spec�fy: �a}thc default; {�}the actian required to cure �he default; �c) a date, not less than 3� days from the date the notice is gi�en to Borrower,by which the default must he cured; and (d��hat fai�ure to cure the default on nr before the date specified ia the aotice may result in acceleration af the sums secured by �his Security Instrument and sale of the Property.The notice sha��further inform Borrower of the right to reinstate after acce�era�ion and the righ#to bring a�ourt action to assert the aon-eZistence of a defauXt or any other defense of Borrower ta acceleration and sale. If the default is not cured on or hefore the date spe�ified in the notice, Lender at its opt�on may require imrnediate payment in fu�� of ai� sums secured by this Security Ynstrument without further demand and may in�oke the power af sale and any other remedies permitted by Applicab�e Law. Lender shall be entitled to colle�t a�l expenses Yncurred in pursuing the remed�es pr��ided in this Section 7,including,but not limited�o,reasonable attorneys' fee.� and costs of title e�idence. If the power of sale is in►voked,Trustee shall record a notice of default in each cuunty in which any part af the Property is located and shall mait capies of such notice in the rrtanner prescrihed by App�icable Law to Borrower and to the other persons prescribed �y Applicabie Law. After the time required by Applicable Law, Trustee shall gi�e public not�ce of sale to the persons and Yn the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shal! sell the Property at public auctinn ta the highest bidder at the time and place and under the terms designated in the notice flf sale in ane or more parcels and in aay order Trustee determines.Trustee rnay postpone sale of ail or any parcel of the Property by public announcement at the time and place af any pre�iously scheduled sale. Lender or its designee may pur�hase the Property at any sale. Upon receipt of payment of the price b�d,Trus�ee shall dexi�er to the purchaser Trustee's deed con�eying the Property. The recitals �n the Trustee's deed shall be prxma facie e�idence of the truth of the statements made therein.Trustee shall apply�h�pro�eeds of the sale in the following order: �a)ta all costs and expenses of exercising the power of sale, and the sale, including the payment af the Trustee's fees actual�y incurred and reasonabie aitorneys' fees as permitted by Applicable Law; (b} to all 5L1Iri5 secured by i�his Security Instrument;and�C}any ex�ess to the person or persons legally entitled to i� If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 7 of the Subordinate Note, the Secretary may in�oke the non-judxciai power of sale pro�ided in the Single Family Mortgage Foreclosure Act of 1994 t"Ac�"} ��Z U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Proper�y as pro�ided by the Act.Nathing in the preceding senteace shall deprive the Secretary of any rights otherwise a�ai�able to Lender under this paragraph or applicable law. 8. Requesti for Notices. B�rrower requests that copies of the notrces of default and sale be sent to Borrawer's address which is the Property Address. 9, Substitute Trustee. Lender, at its option, may from txme to time remove Trustee and appoint a successor trvstee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to aIi the title,power and duties canferred upon Trustee herein and by Appiicable Law. HU D-HAMP 10052�]5 3 S6 2ZQ0183491 First American Mortgage Salutions Page 3