.TC�AN "JAN NGUYEN LAI B THI 9� 1����� 102756 09/21/1999
<br /> 18. Borrower's Right to Reinstate. Notwithstanding Levder's acceleratiov of the sums secured by this Deed of
<br /> Trust, due to Borrower's breach, Borrower shall liave the right to have any proceedings begun by Lender to enforce tl�is
<br /> Deed of Trust disconti�iued at any tiiYie prior tc� the earlier to occur of (i) the tifth day before the sale of the Property
<br /> pursuant to the power of sale contai�ied in tliis Deed of Trust or(ii) entry of a judgrnent enforcing this Deed of Trust if: (a)
<br /> Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note l�ad vo acceleration
<br /> occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deed of
<br /> Trust; (c) Borrower pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenants and
<br /> a�reemeuts of Borrower contained in tl�is Deed of Trust and in enforciug Lender's and Trustee's remedies as provided in
<br /> para�raph 17 hereof, including, but not limited to, reasonable attorneys' fees; and (d) Borrower takes such action as
<br /> Lender may reasonably require to assure that tlie lien of this Deed of Trust, Lender's interest in the Property and
<br /> Borrower's obligation to pay the suuis secured hy this Deed of Trust shall continue unimpaired. Upon such payment aud
<br /> cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full force and effect as if no
<br /> acceleratiou had occurred.
<br /> 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder,
<br /> Borrower hereby assigus to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under
<br /> paragraph 17 hereof or abandoiunent of the Prc�perty, have the ri�ht to collect and retain sucl� reuts as they become due and
<br /> payable.
<br /> Upon acceleration under paragraph 17 l�ereof or ahandomnent of the Property, Lender, in person, by agent or by
<br /> judicially appointed receiver sl�all be entitled to enter upon, take possession of and manage the Property and to collect the
<br /> rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied first to
<br /> payment of tl�e costs of management of the Property and collection of rents, including, but not limited to, receiver's fees,
<br /> premiuins on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Deed of Trust. Lender
<br /> and the receiver sl�all 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 aud shall surrender this Deed of Trust and all nutes evidencing indebtedness secured by this Deed of
<br /> Trust to Trustee. Trustee shall reconvey the Property without warranty aud without charge to the person or persons legally
<br /> entitled thereto. Sucl�person or persons sl�all pay all costs of recordation, if any.
<br /> 2l. Substitute Trustee. Levder, at Leiider's optiou, may from time to time remove Trustee and appoi�it a successor
<br /> trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Trust is
<br /> recorded. Without conveyance of tlie Property, tl�e successor trustee shall succeed to all the title, power and duties
<br /> conferred upou 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 tl�e Property Address.
<br /> 23. Hazardous Substances. Borrower shall not cause or permit tlie presence, use, disposal, storage, or release of any
<br /> Hazardaus Substauces on or in the Property. Borrower shall not do, nor allow auyone else to do, anythiug affecting tl�e
<br /> Property that is in violation of airy Environmental Law. The preceding two senteuces shall not apply to tlie presence, use,
<br /> or stora�e on the Property of small yuantities of Hazardous Substances that are generally recognized to be appropriate to
<br /> uormal residential uses and to inaintenance of the Property.
<br /> Borrower shall promptly give Lender written notice of any iuvestigation, claim, demand, lawsuit or other action by
<br /> auy govermuental or regulatory agency or private party involving the Property and auy Hazardous Substance or
<br /> Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any govermnental ar
<br /> regulatory authority, that airy removal or otlier remediation of auy Hazardous Substance affectiug the Pmperty is
<br /> necessary, Borrower sl�all promptly take all necessary remedial actions in accordance with Euviromnental Law.
<br /> As used iu this paragraph 23, "Hazardous Suhstances" are those substances detined as toxic or hazardous substances
<br /> by Environmeutal Law and the following substances: gasoline, kerosene, other flainmable or toxic petroleum products,
<br /> toxic pesticides and herbicides, volatile solveuts, materials contai�iing asbestos or formaldehyde, and radioactive materials.
<br /> As used in this paragraph 23, "E�rvironmeutal Law" means federal laws and laws of tl�e jurisdiction where the Property is
<br /> located that relate to health, safety or enviromnental protection.
<br /> i
<br /> (Intentionally Left Blank)
<br /> !
<br />
|