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200007542 <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in <br />which any part of the Property is located and shall mail copies of such notice in the manner <br />prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. <br />After the time required by applicable law, Trustee shall give public notice of sale to the persons <br />and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell <br />the Property at public auction to the highest bidder at the time and place and under the terms <br />designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the <br />time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of <br />the truth of the statements made therein. The purchase money, proceeds and avails of any <br />disposition of the Property, or any part thereof, or any other sums collected by Lender pursuant <br />to the Note, this Security Instrument or the Other Security Documents, may be applied by Lender <br />to the payment of the amounts due under the Note in such priority and proportions as Lender in <br />its discretion shall deem proper. Upon any foreclosure sale or sales of all or any portion of the <br />Property under the power of sale herein granted (if any), Lender may bid for and purchase the <br />Property and shall be entitled to apply all or any part of the amounts due under the Note as a <br />credit to the purchase price. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in <br />this Security Instrument and in any rider(s) executed by Borrower and recorded with it. <br />Witness: 0- 4 - u - Iv A <br />STATE OF CONNECTICUT) <br />) SS. <br />COUNTY OF FAIRFIELD ) <br />Borrower: PITNEY BOWES CREDIT CORPORATION <br />By:/ rr- <br />Name: T le Cz TranAlln <br />Title: nirector. <br />Transaction r,r ?anement <br />Before me personally appeared Tyler G. Tranzillo me known and known to me to be the individual <br />described in and who executed the foregoing instrument as Director, Transaction Management of the <br />above named PITNEY BOWES CREDIT CORPORATION, a Delaware corporation, and acknowledged <br />to and before me that he executed such instrument as such Director, Transaction Management of said <br />corporation, and that said instrument is the free act and deed of said corporation. <br />WITNESS my hand and official seal this5—A day of 2000. <br />Notary Public <br />My Commission Expires: <br />NAN-'Y R- - OLDHAM (Seal) <br />NOTARY PUBLIC <br />My COMMISSION EXPIRES DEC. 31,200P <br />