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<br /> may result in acceleration of the sums secured by this Deed of Trust and sale of the Property. The notice shall
<br /> further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to
<br /> assert the nonexistence of a default or any other defense of Borrower to acceleration and sale. If the breach is
<br /> not cured on or before the date speci�ed in the notice, Lender, at Lender's option, may declare all of the sums
<br /> secured by this Deed of Trust to be immediately due and payable without further demand and may invoke the
<br /> power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all
<br /> reasonable costs and expenses incurred in pursuing the remedies provided in this paragraph 17, including, but
<br /> not limited to, reasonable attorneys' fees.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which the
<br /> Property or some part thereof is located and shall mail copies of such notice in the manner prescribed by
<br /> applicable law to Borrower and to the other persons prescribed by applicable law. After the lapse of such time
<br /> as may be required by applicable law, Trustee shall give public notice of sale to the persons and in the manner
<br /> prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction
<br /> to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more
<br /> parcels and in such order as Trustee may determine. Trustee may postpone sale of all or any parcel of the
<br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or Lender's
<br /> designee may purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br /> the Property sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements
<br /> made therein. Trustee shall apply the proceeds of the sale in the following order: (a)to all reasonable costs and
<br /> expenses of the sale, including, but not limited to, Trustee's fees actually incurred of not more than
<br /> 5.o 0 0 % of the gross sale price, reasonable attorneys' fees and costs of title evidence; (b) to
<br /> all sums secured by this Deed of Trust; and (c) the excess, if any, to the person or persons legally entitled
<br /> thereto.
<br /> 18. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of
<br /> Trust, due to Bonower's breach, Bonower shall have the right to have any proceedings begun by Lender to enforce
<br /> this Deed of Trust discontinued at any time prior to the earlier to occur of (i) the fifth day before the sale of the
<br /> Property pursuant to the power of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing this Deed
<br /> of Trust if: (a) Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had
<br /> no acceleration occuned; (b) Borrower cures all breaches of any other covenants or agreements of Bonower
<br /> contained in this Deed of Trust; (c) Bonower pays all reasonable expenses incurred by Lender and Trustee in
<br /> enforcing the covenants and agreements of Bonower contained in this Deed of Trust and in enforcing Lender's and
<br /> Trustee's remedies as provided in paragraph 17 hereof, including, but not limited to, reasonable attorneys' fees; and
<br /> (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Deed of Trust,
<br /> Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Trust shall
<br /> continue unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the obligations secured
<br /> hereby shall remain in full force and effect as if no acceleration had occurred.
<br /> 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder,
<br /> Borrower hereby assigns to Lender the rents of the Property, provided that Bonower shall, prior to acceleration
<br /> under pazagraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they
<br /> become due and payable.
<br /> Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or
<br /> by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to
<br /> collect the rents of the Property including those past due. All rents collected by Lender or the receiver shall be
<br /> applied first to payment of the costs of management of the Property and collection of rents, including, but not limited
<br /> to, receiver's fees, premiums on receiver's bonds and reasonable attomeys' fees, and then to the sums secured by this
<br /> Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received.
<br /> 20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to
<br /> reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this
<br /> Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or
<br /> persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any.
<br /> 21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a
<br /> successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of
<br /> Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and
<br /> duties confened upon the Trustee herein and by applicable law.
<br /> 22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to
<br /> Borrower's address which is the Property Address. ,,,;�;a,s:� �
<br /> ��-761NE)�saosi Page 5 of 6 Form 3828
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