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2� 1 ��3475 <br /> If the power of sa�e is invok�d,Trustee sha��re��rd a notice of defauit in each Gounty Yn which <br /> any par�of the Property is��Cated and s�ha�l mail copi�s�F such notxce�n th�rnann�r pres�ribed <br /> by app�i�able law�o B�rrawer and ta th�flther p�rs�ns prescribed by appl�cable�aw.After th� <br /> time require�l hy app�icable Iaw,Tru�t��sha�l giv�pubiie nvtice of saXe��the persons and in�h� <br /> man�er prescribed by applicable law. Trustee,withou�demanc��n Borrvwer,sha��sex�#h� <br /> Prop�rty at pub�ic au����n tn�hQ high�s�bidder a�the�irn�and place and under the terms <br /> des�gnat�d in the no�i�e of sa�e�n one or mor��arc��s and in any tird�r Trus�ee determin�s. <br /> T�-us#�e may pQs�pan�sal�of a��or any parce�of#h�Pra��er�by pub��c ann�un�em�n�at�he <br /> ��me and pla�e of any�arevinusly s�heduled sax�,Lender or i�s design��may purchas�the <br /> Property a�an�sa�e. <br /> Y.Tpan rece�pt of payrnen�vf th�pr�c�bid�Trus�ee shal�del�ver���h�purchasQr'I'rus�ee's deQd <br /> conv�yin�the Prop�rty. The recitals in�he Trustee's d�ed shali be prima fa�ie e�iden�e of�he <br /> truth af the 5ta�ements made therein.Truste��hall a�ply the prvice�ds of th�sale in�he fo�lvwin� <br /> order: [a} ta ali cas�s and expens�s nf�xer�ising th�pow�r of Sa�e,and the sa��,�n��uding�h� <br /> payment�f the Trustee's fees ac�ua�ly incurred and reasanable attorneys' f�e�as perm��ted b�y <br /> applicabt�la��v; �b)to all�ums secured by this SeCurit�Ins�rumen#; and�c�any e�cess to the <br /> person or persoMs l��ally ent��led tv it. <br /> �6.L�en Priority, The fui�amoun�secured by this S��uri�y Instrument sha11 ha�e a lien priori�y <br /> su�ordina��only�o�he full am.�unt���ured hy the First Seeuri�y Ins�rumefl�. <br /> �7..�d,�ustab�e-Rat�Featu�r�.Under the Note,th�in�t�a�sta�ed interest ra�e of�.979°/�whz�h ac�ru�s <br /> Qn�h�unpa�d prin�ipal b�.lance�"Initial In�eres�Rate"�is su����t to change,as described below. Wh�n <br /> tihe interes�rat��hanges,�h�new adjusted in�er�s�rate ti�v��l�be a�plie�to�h�total ou�s�anding princ�pal <br /> balance.Each ad�us�men��o the inter�s�ra�e wil�be based up�n�h�avera�e of�n�erbank�ffered rates <br /> far one-year tJ.S. do��ar denomina�ed depas��s in�he London Mar�et�"L�BC�R"�,as pub�rshed in The <br /> Wall S�r�et Jaurna��"�nd�x"�p�us a marg�n. �f�he Ind�x is no l�nger available,Len��r wi��be requ�red <br /> ��use any�nde�pre�cribed by�h�De�ar�ment of HQu�ing and Urban D�Uei�pm�nt.Len�er���1 g��e <br /> Borro«er noti��of new inde�. <br /> Lend�r��1�perform the�a�cula�ion�des�ribed beiar�ta de�et-�r�ine�h�ne�vv ad�u���d�nterest rate. Th� <br /> interest rat�may change on June �,2a1�and�n that day of each suc�e�ding y�ar. "Chanbe I]ate" <br /> m�ans each date in wrhich the in��rest rat��ault�chan�e. <br /> The va1u�of the Inde�vv�ll�e determix�ed,using the mos�re��nt Zndex f�ur�availab���hirty�3D�da��s <br /> b��or��he�hange I�a�e�„�urren��ndex"}.Before each�hanbe Da��,the new intere5t rate wil�be <br /> calcu�ated l�y add�ng a ma�rgin���he�urrent�ndex. The sum of the margin plus the Current Index uri�� <br /> be called the"Calcu�ated���er�st Ra�e" for�ach�hange Da�e.The Calcula�ed�nteres�Ra�e w�ll be <br /> compared t�the interes�rate in effe�t im�ediately p�ior to�he�urren�Chanbe L7�.te�the"E�is��ng <br /> Interest Ra�e"�. <br /> Th�Cal�ula�ed�n�erest Ra���annot be more��an 2.D�ercenta��po�nts h.i�her or lower�han�he <br /> Exist�ng Interes�Rate,nor�an i�be m�re�han S.�p�r�en�ge poin�hi�her or lov�er than�he�n��ia� <br /> �nterest Rate. <br /> The�alcu�atied�nt�r�st Rat�wi�l b�adjusted if nec�ssary to compi�wi�h�he ra�e l��ni�atian�s�d�scrib�d <br /> ab�ve and w�il be Yn�ffe�t until�h�next�han�e�a�e.A�any change dat�, if�he�alcutated Xnterest <br /> Rate equals the Exist�r���nteres�Rate,the in��rest rate will not chan��. <br /> Pa�e 1�aF 13 HFCM 5econd�3e�d Of Trust--?(�i S <br />