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99 �i�9�►4fl <br /> SAM NJLTE 9050567 09/24/1999 <br /> 18. Borrower's Right to Reinstate. Notwithstauding Lender's acceleration of the sums secured by this Deed of <br /> Trust, due to Borrower's breacl�, Borrower sliall have the right to have any proceedings begun by Leuder tc� enforce this <br /> Deed of Trust discontinued at any tiine prior to the earlier to occur of (i) the 6fth day before the sale of the Property <br /> pursuant to the power of sale co�itained in this Deed of Trust ar(ii)entry of a judgment enfarcing 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 had no acceleration <br /> occurred; (b) Borrower cures all breaches of any other caveuants 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 /> agreements of Borrower contained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in <br /> paragraph 17 hereof, including, but uot limited to, reasonable attorneys' fees; and (d) Borrower takes such action as <br /> Lender inay reasonably require to assure tliat the lien of this Deed of Trust, Lender's interest in tlie Property and <br /> Borrower's obligation to pay the sums secured by this Deed of Trust shall contiuue unimpaired. Upon such payment and <br /> cure by Borrower, this Deed of Trust and Che obligatio��s secured hereby shall remain in full force aud effect as if no <br /> acceleration had occurred. <br /> 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder, <br /> Bc�rrower hereby assigns to Lender tlie reuts of tlie Property, provided that Borrower shall, prior to acceleration under <br /> paragrapl� 17 hereof or abandoimient of tl�e Property, have the right to collect and retain such rents as they become due and <br /> �ayable. <br /> Upon acceleration under paragrapl� 17 l�ereof or abandonment of the Property, Lender, in person, by agent or by <br /> judicially appointed receiver shall be entitled to enter upon, take possessiou of and manage the Property and to collect the <br /> rents of tlie Property including tl�ose past due. All rents collected hy Lender or the receiver shall be applied first to <br /> payment of tl�e costs of inanagement of the Property and collection of rents, including, but not limited to, receiver's fees, <br /> premiums ou receiver's bonds and reasonable attorueys' fees, and then to the sums secured by this Deed of Trust. Lender <br /> aud the receiver shall be liable to account o�ily 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 evideucing indebtedness secured by this Deed of <br /> Trust to Trustee. Trustee shall reconvey the Property witl�out warranty and without charge to the person or persons legally <br /> eiititled thereto. Sucli 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 successor <br /> trustee to any Trustee appointed l�ereunder by an instrument recorded in tl�e counry in which this Deed of Trust is <br /> recorded. Without coirveyance of the Property, the successor trustee shall succeed to all the title, power and duties <br /> conferred upon the Trustee herein and by applicable law. <br /> 22. Request for Notices. Borrower requests that copies of the notice of default and uotice of sale be sent to <br /> Borrower's address whicl� is the Property Address. <br /> 23. Hazardotts Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any <br /> Hazardc�us Substances ou or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the <br /> Property tl�at is i�i violation of any Envirownental Law. The preceding two sentences shall not apply to the presence, use, <br /> or storage on the Property of small yuantities of Hazardous Substances that are generally recognized to be appropriate to <br /> normal residential uses and to maintenance of the Property. <br /> Borrower shall promptly give Lender written �iotice of any investigation, claim, demand, lawsuit or other action by <br /> any bover�unental or reaulatory agency or private party involving the Property aud auy Hazardous Substauce or <br /> Environmental Law of which Borrower has actual kuowledge. If Borrower learns, or is notified by any goveriunental or <br /> regulatory authority, that any removal or other remediation of any Hazardous Substance affecting the Property is <br /> necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. <br /> As used in this paragraph 23, "Hazardous Substances" are those substances detined as toxic or hazardous substances <br /> by Enviroimiental Law and the followiug substances: gasoline, kerosene, other flammable or toxic petroleum products, <br /> toxic pesticides aud herbicides, volatile solveuts, materials containing asbestos or formaldehyde, and radioactive inaterials. <br /> As used in diis paragraph 23, "Eiiviromnental Law" meaus federal laws and laws of the jurisdiction where die Pmperty is <br /> located that relate to health, safety or enviromnental protection. <br /> (Intentionally Left Blank) <br />