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200203399 Any application of rents shall not cure or waive any default or invalidate. any other right or remedy of Lender. This assignment of rents of the Property shall tetrtinate when the debt secured by the Security Instrument is paid in full. 1t%. flormlosure rTocedum. If I -Amder regr,irea immediaw payment in full under parar-raO, 9.I..ender may invoke the po,. e- of sale and any other remedies permitted by applicable law, tender shall be entitled to collect all expenses incurreJ in pursuing the remedies provided in this paragraph 18. including. but not limited to, reasonable attorneys' fees and costs of title evidence. If the power or salt is invoked, Trustee *,all rec:crd a notice +` ?,:fat.it in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable taw to Borrower and to 'uue other persons prescribed by applicable 1-.w. After the time required by applicable law, 7'rastre. shall give public notice of sale to the persons and in the manner presctibed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designates". in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Gender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. Tlir recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Tnistcc shall apply the proctcds Of the sale in the following order: (a) to at, costs and expenses of exercising the power of sale, and the sale, inchiding the payment of the Trustee's fees actually incurred, not to exceed of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted by law, (b) to all sums secured by this Security instrument. and (c) any excess to the person or persons legaily entitled to it. U the Lender's interest to this Security instrument is held by the Secretary and the Secretary requires immediate paymcnt in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single \4ortgage Foreclosure Act of 1994 ( "Act ") (12 U.S.C. '1751 et sect.) by requesting a foreclosure commissioner designated twider the Act to commence foreclosure and to sell the Property as provided in the Act_ Nothing in the preceding sentence shall deprive the Sccrctary of any rights otherwise available to a Lendcr under this paragraph IS or applicable law - 19. Reconveyance. Upon payment of all sums secured by this Security instrument, Lender shall request Trustee ,,c rccon:ev the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this �ecurty Instrument to Trustee. Trustee shall reconvey the Property` without warranty and without charge to the person c- persons legally cntitled to it. Such person or persons shall pay any recordation costs. 20. Substitute Trustee. Lendcr, at its option, may from time to time remove Trustee and appoint a successor Uuststi to any Trustee appointed hereunder by an instrument recorded in the county in which this Securirr 'nstntment is recorded_ Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Propert y address. 22. Riders to this Security Instnrntent. [f ottc or more riders are executed by Borrower and recorded together with this ;iccurit`' Instrument. the cowcnants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Che,-k applicable box(es)]. �� Condominium Rider Graduated Payment Rider a Growing Equity Rider j Planned knit Development Rider Adjustable Rate Rider Rehabilitation Loan Rider L_1 UNon -Owner Occupancy Rider 0 Other [Specify] BY SIGNING BELOW, Borrow''''' accepts and agrees to the terms contained in pages 1 through 6 of this Security instr•,:ment and in any rider(s) cxccut:n by Borrower and recorded with it_ _ Ir) , .r-t y , 1114.rf 1 .4 _'� - •-- (Seal) MARIA G. GU'T'IERREZ - Borrower tOSE A. ABR GA Ire - Borrower (Seal) (Seal) - Borrower - Borrower Witness: [vt:ttRA } A -t'IIA I)l l:r) ov -minTr �,'".; a S i••,' — (Seal) - Borrower Witness: face 5 of 6 - Borrower 6/X6