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i t i i t f: s r Will a f apply them to said indebtedriesx as well before as after default in the conditions of thii instrutrrent, acrd the Lender Wray de- mand, sue for and recover any such payments when due and payable, but shall not be required so to do. This assignment is to terminate and become null and void upon release of this instrument. 10. That the Borrower will keep the buildings upon said premises in good repair. and neither commit nor permit waste upon said land. nor suffer the said premises to be used for any unlawful purpose. 11. That if the practises, or any put thereof. be condemned under the power of eminent domain; or acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition. to the extent of the full amount of indebtedntets upon this instrument and the now which it is given to secure remaining unpaid, are hereby assigned by ft.- Borrower to idle Lender, and shall be paid fordtwith to said Leader to be applied by the latter on account of the next nANAng installments of such indebtedness. 12. The Borrower farther agrees that should this instrument and the note secured hereby not be eligible for inwtsttce under the National Horsing Act within eight months from the date hereof (written statement of any officer of the Depattrnent of Housing and Urban Development or authorized agent of the Secretary.of Housing and Urban Development dated subse- quent to the eight months' time from the date of this instrument. declining to insure said note and this mortgage, being deem- ed conclusive proof of such ineligibility), the under or holder of the note may. at its option, declare all sums secured hereby immediately due and payable..Netwithstuding the foregoing, this option may not be exercised by the Lender or the holder of the note when the ineligibility for insurance under the National Housing Act is due to the Lender's failure W retort the mortgage insurance premium to the Department of Housing and Urban Development. 13. That if the Borrower fails to make any payrmats of money when the same become due. or fails to conform to and comply with any of the conditions or agreements contained in this instrument, or the note which it secures, then the entire principal sum and accrued interest shall at once become due and payable. at the election of the Lender. Lender shall give notice to Borrower prior to acmTvration following Borrower's breach of any covenant or agreement Ls ti *s instrument (but not prior to accelerration un&r paragraph 12 unless applicable law provides otherwise). The notice sire specif} fad the default; (b) the action required to cure the default. (c) a date, not less than 30 days from the date the neiice is giver, to Borrower, by which the default must be cured; 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 instrument and sale of the Property. The W-ka . shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert ft non- existence of a default or any other defense of •Horrower to acceleratiod. wad sale. If the default. is not cured on-0 ' F before the date specified in the notice, Lender at its q lion may require immiaide. payment in full of all sums se6 red b this instrument without further demand and may invoVe the power of sale and any other remedies permitted by applimlile izw. Lender shall be entitled to collect all expenses. 6--,!aced in pursuing the remedies provided in this paragraph. l3; in- 4u ing. but not limited to..reasonable attorneys' f0i.itd costs of title evidence. if the pov?ir- of sale is invoked. Tr,� frw shall record a notice of default in each county in which any part. of the Pi"Perty is located and sftail mail ccp,;,% of such notice in the m.4nner prescribed by applicable law to Borrower and to the other persons prescribed by applicable Q4 After the time requires l4- .applicable law. Trustee shall give public notice of sale to tho persons and in the manner presciL -W by applicable law.. t-imm. without demand on Borrower, shall sell the Praperfyr atjpublic auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or mnm..parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Propertyatiany•sale. Upon receipt of pays, mic 13f the price bid. Trusiev shall deliver to the purchaser Trustee's deed catn Wing the Properly. The recitals in ttta Trustees deed shall be prima facie evidence of the truth of the staters made therein. Trish shall apply the proceeds of the sale in the f �- Vivuing order: (a) to all expenses of the sale, inch duag, but not limited to. T Tiox's fees as permitted by applicable law ar41::easonable wormys' fees; (b) to all sutras securelf I;y this Security Instrument; and (c) any excess to the perict.t or persons legally a wie;zd to it. 14. Upon acceleration under paragr40,13 or abandonment of 1ho Property, Lender Eire person. by agent or by judicially i pointed receiver) shall be entitled to triter upon, take possessx:io� iif and manage the Property and to collect the runts of t1My property including these past due. Any rents ozl•±,ected by lender or the rryeiver shall be applied Cirst to payment of *..costs of management, of the Property and colh wWvo of rents. including -- but not limited to, fees. premiums tint receiver's, fronds and reasonable Atio-ricys' fees. and then to the sums secured by this instrument. iS. Ups Payment of all sums secures by this instrument, Lender shall request Trustee to reconvey tlie; Property and shall surrender this instrument. mum all notes evidencing debt secured by this instrument to Trustee. Trubt6l, sfiall reconvey the Property without wartant� and without charge to the person or persons legally entitled to it. Such pen+rn or persons shall pray any recordation costs. 16. Lender. at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed he, a rider by an intturnent recorded in the county in which this instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 17. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Addms. IB. If one or nose riders are executed by Borrower and recorded together with this instrument. the covenants and agreements of cub such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this instrument as if the rider(s) .sere a part of this instrument. 19. The covenms herein contained shall bind. and the benefits and advantages shah inure to, the respective heirs. ex- ecutors. odmirtistrauxs, successors. and assigns of the parties hereto. Whenever used, the singular number shall include the plural the plural the singular. and the use of any gender shall include ail gcrtdcrs. Paps 3 of a . a i is .f e~ e` I _.a