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2� 1 ��21 �2 <br /> �f the power af sale is in�okedy Trustee s���ll �•ecQrd a nn�ic�af�efault in ca�h c�unt���n�vhich <br /> any part of�he Pro�erty is located ar�d sha[! ma��co�ies of suc,� n€�tic€�in �h� manner prescr�bed <br /> by applica�le law�o Borrorver an� �o�he�ther persons �re�cr�ued b��a��licab�e�aw.After�he <br /> �i�ne re�uired by�p��icab�e�a��v,Trus�ec s��a�l�i�c pub�ic�n���it�of sa�e to th� pers€3ns and ir��he <br /> rnanner prescrihed by appli�able�aw. ��`�-ustee,wit)�aut d�r��a��c� an l�orr��ver,sha�l se�� t�he <br /> Praperty at�ub��c auc��o��to�he highes�bid�e�•a�t�he�i��e and ��a��and under the terms <br /> designated in �he nvt�ce of sale in v��e�r morc par�els and i�� any r�rder Trus�e�de�erm�nes. <br /> Trustee may pos�pone sa�e af a��or�r�y}�arcci af�#he�'rc��e�tiy �iy� pub�ic announcer��ent a��he <br /> time and p�a��flf ar�y previaus[y s�heduied saie. ��r�dcr ar i�s designee nnay �u�•�hase the <br /> Prop�r�y at any sa�e. <br /> Upon reee�p�af paym�nt of�he price bid,Trus�ee s��a�l d��i�ver to t��e purcha�er Trus�ee's c�eed <br /> c�n��ying the Property,The re���als in t�te Tru���e's de�d shali be�rima fa�ie e�iden�e af fhe <br /> trut��of�h�s�atement5 n�ad��here�n,rrru�tee sha�l apn�y ���e proceeds of thc sa��in ���e fo��vwin� <br /> order: �a}to alI cos�s and ex�enses of exer�ising�h� �ow�r of sate,and�he sale,xnclud�n�the <br /> payment of the Trus�ee's fees actua�ly��curred and r�asanab��att�rneys' fees as perm��ted by <br /> ap�iieab�e law; (b}�a all sums se�ur�d by this Se�urity Ynstrume�t; and�c}any��cess�a the <br /> per5on or persans legally�nti�led��i�. <br /> ��. Lien Priori�y.The fi�il amoun�secured vy���is Security Ins��-ur��er�t shd�l have a lie�� p�-io�-i�y <br /> su�ord�na�e or�ly��t��e full am�unt secuz��d by t�7�Firs�Secur�#:y ���strun�e�-�t. <br /> 27.Adjus�able�-Ra�e Feature. Under the No�.e.thc���i��a� s�a�ed it�te�•est ra�e of 3.9G�% wl�ic��accru�s <br /> on the ti�npai�prir�cipa� baiance �"�ni�ial �r��e��e�t Ra��;"} is s�b}ect ta cl�a.t��e,as desc���bed belov��. �l�en <br /> �he�nte�-est�-a�e changes,the new adjus�ed i��te�-es�rat��vi�l be applied ta the�ota� ou�sta��dinb p�in�ipa� <br /> ba�ance. Each ad�us�ment to t��e r�teres�rate vvill be based upon tl�e a�era�e�f intier�ank.Off�red rates <br /> fo��one-year U.S. do��a�•denoxnina�ed depasi�s in �he Lond�n Marke��``t1I�3�R"�,as pub�ished in The <br /> �all S�ree�Jou�•na��``�ndex"� plus a i���rgin. �f�he Index is no �anger dvailable, Lende�-will b�requir�d <br /> t�use any i�ldex presc�ibed by t��.e Depart����i�.�of Housi��b�.pd U��baF� Deve�opment. Lend��•vWill �ir��� <br /> Barrower n��ice�f new iz�de�. <br /> Lendez•wil�pe�rfor�n�he calcu�atio��s described bel�w�o deteri��ine�:he r�e��adjusted il-��el•est rafie. Th� <br /> interes�ra�e r��ay�han�e an Apri� 1,2�17 a��d on �ha�day of each succeed�n�year. "�l�az�ge Da��" <br /> mea��s ea�h date�n w�lich th� int�re�t ra�e could cha��ge. <br /> The value of tlze Inde�wi��be dete�-mined,using���e���os�recen�Index figui�e a�ai�ab��tl���ty�30�days <br /> �efore�he�han�e Date �"Cur�•e�t Index"}. Befare each C�ange Da�e,�h�new inte�•est�a�e wil�be <br /> ca�culated by adding a rnar�in�o�he Cu�•�•en��nd�x. Tl�e sum af the ma�•gin plus�he�u�-ren�Index will <br /> b�ca1I ed�he "Ca�cu l ated In�eres�Ra�e" foi-�ach�h anae L7at�.The Cal c u�a�ed �n�eres� I�a�e w�1� be <br /> cortz�pared to the ipteres�rate in cf fect i�������d�a�e��priar�o the cu�•ren��ha��ge Dat��th� "�xisting <br /> �t�terest Rate"}. <br /> The�alcu��ted In�er�s� Rate�an��.o�bG���o�-�;tl�an�.� pe��c�nta��;points high���o�� lawrer��Zar��he <br /> Existi�g Int���est Ra�e,no�•ca��it be inor•��I�an 5.D pe�•cent��e��ints hi�ller o�•��wer tha��thc Ini�ial <br /> Int�rest Rate. <br /> T11e�alculated In�e�est Ra�e wi�l �e adjusted if nece�sa��y tca comply wi���the ra�te �imitat�on�s}described <br /> a�ove and w�il be in�ffec�un�il�he ne��Chan�e �ate. 11t any change da�e, if�he Caicula�ed �n�erest <br /> �.ate equals���e Exi�tin�;Interest Ra�e,the in�eresY�•a�c w��l nc��c��an�e. <br /> �'.i�c 1(l of'13 �-lEC~M Secaiac�De.e�i�F"ri�ust--2D 1 S <br />