Laserfiche WebLink
2� 1 ��3474 <br /> If Ler�der gi�es no�i�e of breach to Borro�v�r:�a�al�rents reGe�v�d b� Borro��ver shali �e h�ld by <br /> Borrower as trust�e for benef��f L�nder on�y,to b�applied�o the sums secured b��his SeGur�ty <br /> Instrument;�b�Lender shail be entit�ed���oIlect and recei�e a�l of the rents of the Proper�y;and�c� <br /> �ach�enant of��.e Properry sha�l pay all rents due and unpaid to Lender flr�ender`s a�ent o�a L�nder's <br /> writ�en�.�mand to th��enant. <br /> Borrov�er has no�e�eeu�ed any�rr�r assi�nm�nt�f�he r�nts and has no�and«Ti11 no�perfarm any act <br /> �hat v�ould pr�ven�Lender from exer�isin�x�s righ�s und�r this Paragraph�?. <br /> L�nder sha�l not be requir�d��en��r up�n,ta1�e con�r��of or ma�ntain the Properry befor�or af��r�;i�r�n.� <br /> nQ�i�e of brea�h to BorrQwer. How�v�r,L�nder ar a�udiciai�y a�pointed recei�er may do sQ at�.ny time <br /> there �s a breach.Any app���a�ion flf rents shail no�cure or waiv�any defaul�or invaiidate any�ther <br /> ri�ht o�remedy of Lender. This assi�nmen�of r�n�s�f�he Proper���shall t�rrnina�e��vhen�he d��� <br /> se�ured b�this Securi�y�nstrumen�is paid in fi��l. <br /> Z4. �"oreclosure Proce�iure.If Lender requires imrnedia�e payment-in-�fuli under Para�raph 1�, <br /> L�ndQr may invoke the power af sale and any oth�r remedies permitted by appli�able law.Lend�r <br /> shall�e�ntitied ta callec�aI�expeuses incurred in pursuing�he rem�dies pr��ided�n this <br /> Paragraph 24,includ�ng,bu�n�#limited ta,reas�nable atforneys' fe�s and cvs#s of��t�e e�idence. <br /> If�he pow�r�f sale is invok�d,Trustee sha�l recard a notic��f�i�fau��in each cQunt�in wh�ch <br /> any�art�f th�Praper�y is��cated and shal�mai�eop��s of such notice in the mann�r pr�serihed <br /> b�app��cable�aw ta Borrower and�o th�other per5ons pres�rib�d by appl�cab�e law. After�he <br /> ��m�required by app�icable lati�,Trus�ee shall give pub�ic noticQ of sale to�he persons and�n the <br /> rnanner preser�b�d by applicable�aw. Tru��eea���thnuf dQrnand on Borrower,shali sel�the <br /> Praperty at�ubiic auct��n�o th�h�ghes�bidder at�he time and pZace and und�r�he term� <br /> designat�d in the n��i�e of�ale in�ne or m�re par��ls and in any arder Trustee d�termines. <br /> Truste�ma�pos�pone sale of ail or any parc�l of�h�Pr�perty by publi�annvunc�ment at Che <br /> time and p�ac�af ar�y pre�iously sch�dul�d sa�e. L�nder�r its designe�may pur�hase the <br /> Property a�any sale. <br /> Up�n receip��af payment of�he price b�d,Trustee shall de��ver�n th�pur�haser Truste�'�deed <br /> conveyi�.g the Prop�rty. The recita�s in�he'�`rx�s#ee's c�e�d�ha�I be prima facie ev�rden�e nf the <br /> tru�h�f�he s�a�ernents ma�e�h�re�n. Tru��ee sha�t app�y the proceeds vf the sal�in th�f�liow�n� <br /> order: �a)t�aIl costs and expenses uf eg�r�xs�ng the pn��ver�f sale,and the sal�,�ncluding th� <br /> paymen�af�he Tru���e's f�es a��ual�y iueurred and r�asnnable a�t�rne�rs' fees a�permM.itt�d by <br /> applicabl�la�v; (b}to all sums se�ured by th�s Secur�ty Instrument; and�c}any�xcess to the <br /> person nr persons l�gally enti��ed to it. <br /> 2�. Lien Prior�t�.Th�full amoun�s�cur�d by�Chis Securiiy Znstru�r�ent shal�have th�sar�e pr��r�ty��er <br /> a�y ot�.�r 1rex�s on�he Propert�as if�he�'u�i arx�.oun�had b�en disbursed an th�date�h�init�al <br /> disbursemen�was made,r�gardl�ss of�he actual da�.e of any di�bursern�nt. The arnount secured by�this <br /> Security�ns�rumer�t sha�1 znc�ude all dir���payrnents by Lender to Borrower and a�l other�oan advan�es <br /> permi��ed b��h�s S��urity Ins�rument for an��purpos�.Th�s li�n�riori�.y shal�apply n�tv�i�hs�anding az�}� <br /> State c�n�titution, lavv or regula�ion,exc�p�that�hzs lien priority shal�na�t affec��h�pr�ority�f any��ens <br /> for unpaid S�a�e or Iocal governm�n�al unit s�ecial as�essments or�axes. <br /> Pabc Z Q af Z4 HECM First D��d��Trust-2a 1 S <br />