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MAY 26 198 16 :47 FR TO 13083817234 P.23i41
<br />200010147
<br />If Lender invokes the power of sale, lender shall execute ro eer to be sold.
<br />Tntstee shall use 3 notice t be
<br />occurrence of an event of default and of Lender's election to cause the Property
<br />recorded in each county in which any part of the Property is located. Lender or Trustee shall mail copies of the notice as
<br />prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. Trustee shall give public
<br />e to the persons and in the meaner prescribed by applicable law. After the time required by applicable law,
<br />notice of sal
<br />Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and plan and
<br />under the terms designated in the notice of sale in one or more parcels and In any order Trustee determines. Trustee may
<br />postpone sale of all or any Parcel of the Property by public annouucetnent at the time and place of any previously scheduled
<br />We. Lender or its designee may purchase the Property at any sale.
<br />Trustee 'shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or warranty,
<br />expressed or implied. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the �eluding, statements buttenot
<br />therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, s to the on or
<br />limited to, reasonable Trustee's fees; (b) to all sums secured by this Security Instrument-, and (c) any P
<br />persons legally entitled to it.
<br />19. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the harms by secured
<br />to enforce this
<br />s
<br />Instrument due to Borrower's breach, Borrower shall have the right to have any entry proceedings o jjudg entenforcing this Security
<br />Sects -itv Instrument discontinued at any time prior to sale of the Property
<br />:u t�.:i�aY �:; ::c tarn du' :_ :d.r Sca�ray Rutrurnent and the Note had no
<br />insuumcnt if: (a) BO:TOwer pays' +� -r ::I �� of Borrower contained in this
<br />acceleration occurred; (b) Borrower cures all breaches of any other covenants or agr u a eater of $50.00 or ono-haif
<br />Security Instrument; and (c) Borrower pays all trustee's fees actually incurred, pot exceeding 8r
<br />of one percent of the unpaid principal sum secured, and court costs. Upon such payment and cure by Borrower, this Security
<br />Instrument and the obligations secured hereby shall remain in full foroe and effect as if h acceleration had occurred. This
<br />right to reinstate shall not apply, however,
<br />of case of acceleration ra ion al pursuant to Par hereunder, Borrower hereby' assigns to
<br />20.
<br />Assignment o of Rents; Appointment prior to acceleration under Paragraph 18 hereof or
<br />}Lender the rents of the Property, provided that Borrower shall, p '
<br />abandonment of the Property. have the righhw8 collect
<br />ereofor bandoanteat of as they become due the Property, Lender, InYperS0 by agent or by
<br />Upon acolemtion under Paragrap and to collect the
<br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property
<br />rents of the Property including those past due. All rents collected by Leader or the receiver shall be applied fast to payment n
<br />the costs of management of the Property and collection of rents, including, but not limited to, receiver's tees the
<br />receiver's bonds and reasonable attorneys' fees, and then to the stuns secured by this Security Instttunea
<br />receiver shall be liable to account only for those rents actually received.
<br />disposal, storage. of release of any
<br />21.rdous Substances. Borrower shall not cause or,permit the presence. use, Po the use, or
<br />Hazardous Substances on or in the property. Borrower shall pot do, nor allow anyone else to do. anything affecting
<br />Property that is in violation of any Environmental Law• The preceding two sentences shall not apply to the presence,
<br />storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate for normal
<br />residential uses and for maintenance of the Property lawsui[ or other action by
<br />Borrower shall promptly give Lender written at party involving thedPropertysand any Hazardous Substance or
<br />any governmental or regulatory agency governmental or
<br />Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified
<br />Property g is necessary.
<br />regulatory authority, that any removal or other remediation of any Hazardous Substance affecting
<br />Borrower shall promptly take all necessary remedial actions in accordance with Eavironn=tal Law.
<br />As used in this Paragraph 21, "Hazardous Substances" are those substances defined as toxic or hazardous substances
<br />by Environmental Law and the following substances: gasoline, kerosene,
<br />asbestos or formaldehyde, , and radioactive e mat rials- As used
<br />pesticides and herbicides, volatile solvents, materials containinS is located that
<br />in this Paragraph 21, "Eavironraerrtal Law" mesas federal laws and laws of the jurisdiction where the Property
<br />relate to health, safety or environmental protection. Instrument. Lender shall request Trustee to
<br />22. Rec6nveyanee. Upon payment of all sums secured by this Security
<br />reconvey the Property and shall surrender this Security Instrument' and all rotes evidencing debt secured by this Security
<br />instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it.
<br />Such person or Persons shall pay Lender's reasonable charge for preparation of any payoff statement or other document in
<br />connection with the reconveyance, any Trustee reconveyance fee and any costs of recordation, unless applicable law provides
<br />otherwise.
<br />"MMASKA DEED OF, TRUST (9701), of 7 0087242657
<br />m003-ME
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