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, . �' 3 ' 2� 1 ��3357 , . this Security Instrument or the Nofie which can be giwen effect without the conflicting pra�ision.To this end the pro�isions vf this Security Instrument and the Notie are declared to be se�erable. 6. Borrower's Copy. Borrower shall be giWen one conformed cap�of the Note and of this Security Instrument. N�N-[]NIF�RM C�VENANTS.Borrower and Lender further covenant and agree as foliows: 7. Acceleration; Remedies. Leader sha�� gi�e notice �o Borrower Prior to acceleratxon following Borrower's breach of any co�enant or agreement in this Security Instrument,The natiee shall sp�cify: �a}the defau�t; (b}the ac�ian required to cure the default; �c}a date, not iess than 3U days from �he date th�notice is given to Borrower,by which the default must be�ured; and�d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property,The notice shali further inform Borrower of the right to reinstate after acceleration and the right to bring a court actian�o assert the n�n-eiistence of a default ar any ather defense of Borrower ta acceleration and sale. If�he default is not cured on or before the date speci�ed in the notice, Lender at its optioa may require immediate payment in full of all sums secured by this Security instrument without further demand and may in�oke the pawer of sale and any other remedies permitted by Applicabte Law. Lender shall be entitled ta collec� all expenses incurred in pursuing the remedies pro�ided in this Section 7, iticluding,bu�not limited to,reasonabie att�rn�ys' fees and costs of tiEie er+idence. If the power of sale is in�oked,Trustee sha�I record a notice of default in each cvunty in which any part of the Property is located and shall mail copies of such natice in the manner pr�scribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shal� sell the Froperty at publ�c auction�o the highest bidder at the time and place and under the terms designated in the notice of sal�in one or more parce�s and tn any order Trustee determines.Trustee may postpone sale of all or any parcel of the Properiy by publie annaunCemeat at the time and pla�e of any pre�ious�y scheduled saie. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price I�id,Trustee shall deli�er to the purchaser Trustee's deed �onWeying the Property. The re�itals in the Trus�ee's deed shall ae prima fac�e e�iden�e of the truth af the statements made therein.Trustee shall apply the proceeds of the sa�e in the follawing order: [a}ta all costs and expenses of exercising the power of sale, and fhe sa�e, xncluding the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted �y Applicable Law; (b} to a�l sums secured by this Security Instrument;and�c)any excess to the persoa or persons legally entitled to it. �f the Lender's interest in this Security �nstrument is held by the Se�retary and the Seeretary requires immediate payment in full under Paragraph 7 of the Subordinate Note, the Secretary may in�oke the non judicial power of sale pro�ided in the 5ingle Family Mortgage Foreclosure Act af 1994 {"Act"} �12 U.S.C. 3751 et seq.� by reque�ting a forec�osure commissioner designated under the Act to commence foreclosure and�o sell the Property as provided by the Act,Nothing in the preceding sentence shall deprive the Secretary of aay rights otherwise a�ailabie to Lender under this paragraph or applicable law. S. Request for Notices. Borrower requests that copres of the natxces of default and sale be sent to Borrower's address which is the Property Address. 9. Substitute Trustee. Lender, at its option, may firom time to time remo�e Trustee and appoin� a succe5sor fivstee to any Trustee appainted hereunder by an instrument recorded in the county in which this Security Instrument is recorded.Without con�eyance of the Propert}�,the successor trustee shall succeed to all the title,power and duties conferred upon Trustee herein and by Applicable Lar�v. NUD-HAMP 10052�15 356 99UZZOS1aG � Page 3