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SAUL ENGLES VANESSA ENGLES 9 9 �O�� � � 102715 07/27/1999
<br /> � 18. Borrower's Right to Reinstate. Notwitlistanding Lender's acceleration of the sums secured by this Deed of
<br /> Trust, due to Borrower's breacl�, Borrower sl�all l�ave the rigl�t to have any proceedings begun by Lender to euforce this
<br /> Deed of Trust discontinued at any time prior to the earlier tc� occur of (i) tl�e tifth day before tl�e sale of tl�e Property
<br /> pursuant to tlie power c�f sale coutained in tliis Deed of Trust c�r(ii)entry of a judginent enforciub this Deed of Trust if: (a)
<br /> Borrower pays Leuder all sums which would be tl�en due under diis Deed of Trust aud the Note had no acceleration
<br /> occurred; (h) B��rrower cures all hreaches c�f any otl�er covenants or abree���ents of Borrower contained in this Deed of
<br /> Trusr, (c) Borr��wer pays all reas��nable expeuses ii�curred hy Lender and Trustee in enforcin� the coveuants and
<br /> agreemeuts of Borrower contained in tl�is Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in
<br /> para�rapl� l7 l�ereof, includin�, but uot limited to, reasonable attorneys' fees; and (d) Borrower takes sucli action as
<br /> Leuder may reasonably reyuire to assure that tl�e lien of tl�is Deed of Trust, Lender's interest in the Property and
<br /> Borrower's ohlibation to ray the sums secured by tl�is Deed of Trust shall continue uuiinpaired. Upon such �ayment and
<br /> cure by Borrower, this Deed of Trust aud the obligatious secured l�erehy shall remain in full force and effect as if no
<br /> acceleratiou I�ad occurred.
<br /> 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security liereuiider,
<br /> Be�rrower l�erehy assi�ns to Lender the reuts of the Prc�perty, provided tl�at Borrower sl�all, prior to acceleration under
<br /> paragrapl� U hereof or ahandoument of the Property, l�ave tl�e riglu to collect and retaiu such rents as tl�ey become due and
<br /> payable.
<br /> Upon acceleratioi� uuder parabrarh 17 hereof c�r abandomnent of the Property. Lender, in person, by agent or by
<br /> judicially appointed receiver shall be entitled to euter upon, take possessiou of aud manabe the Pro�erty and to collect the
<br /> re��ts of the Property iucluding tl�ose past due. All rents collected by Le��der or the receiver shall he applied first to
<br /> payment of the costs of matiaget�nent of the Property and collection of rents, includitig, but not litnited to, receiver's fees,
<br /> premiums on receiver's bonds aud reasonable attarneys' fees, aiid then to the sums secured by tliis Deed of Trust. Leuder
<br /> aud tlie receiver shall he liahle to account o�ily for tl�ose rents actually received.
<br /> 20. Reconveyance. Upon payment of all sums secured by tl�is Deed of Trust, Lender shall request Trustee to
<br /> reconvey die Property and shall surrender tl�is Deed of Trust and all notes evidencin� iudebtedness secured hy this Deed of
<br /> Trust to Trustee. Trustee sl�all recotivey tlie Property without warrauty aiid without char�e to tl�e person or persons legally
<br /> entitled thereto. Sucli person or persous sl�all pay all costs of recordation, if any.
<br /> 21. Substitute Trustee. Leuder, at Lender's c�ption, may from time to time retnove Trustee and appoint a successor
<br /> trustee to any Trustee appointed l�ereunder by an instrument recorded in the county in whicli tl�is Deed of Trust is
<br /> recorded. With��ut conveyance of die Pro�erty, tl�e successor Crustee sl�all succeed to all the title, power and duties
<br /> conferred upon die Trustee lierei�i and hy applicable law.
<br /> 22. Request for Notices. Borr<�wer requests tl�at copies of tl�e notice of default and notice of sale he sent to
<br /> Borrower's address wl�ich is the Property Address.
<br /> 23. Hazardous Si�bstances. Borrower sliall not cause or permit the preseuce, use, dispc�sal, storage, or release of any
<br /> Hazardous Suhstances on or in the Property. Borrower sl�all not do, nor allow anyone else to do, anytl�ing affectin� the
<br /> Property tl�at is in violation ��f auy Enviroiu►ieutal Law. The precedi��g two senteuces sl�all nc�t apply to tlie presence, use,
<br /> or storage on the Property of small quantities of Hazardous Substances that are generally recognized to he appropriate to
<br /> uormal residei�tial uses and to mainteuance of the Property.
<br /> Borrower shal) pr<�mptly rive Lender written notice of any iirvestigation, cl�im, demand, lawsuit or other action by
<br /> auy governmental or re�ulatury a�ency or private party i�rvolvi��g tlie Property and auy Hazardous Substance or
<br /> E�rviro��meutal Law of wl�icl� Borrower has actual l��owledge. If Borrower learus, or is uotified by any gover��mental or
<br /> regulatory autlwrity, diat any removal or other remediation of any Hazardous Substance affectiug the Property is
<br /> necessary, Borrower sliall �rompt�ly take all uecessary remedial actions iu accordance witl� Euvironmeutal Law.
<br /> As used in this paragrapl� 23, "Hazardous Substauces" are those substances defined as toxic c�r hazardous suhstances
<br /> by Euvironmental Law and the followi►�g substai�ces: gasoline, kerosene, other flarrunahle or toxic petroleum products,
<br /> toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldel�yde, and radioactive materials.
<br /> As used i❑ this paragrapl� 23, "Enviromneiital Law" means federal laws and laws of the jurisdictioii wl�ere tl�e Pr<�perty is
<br /> Ic�cated that relate tc�healtl�, safety ��r euvironuiental prc�tectic»i.
<br /> (Intentionally Left Blank)
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