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NON UNIFORM COVENANTS. Borrower and i,ander further covenant and agree as follow 17. Assignment of Rents. Butruwer unconditionally assigns and transfers to Lender all the rents and revenues of the Properly. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of tltc Property to pay the rents to Lender or Lender's agents- However, prior to Lender's notice to Borrower of Borrowerk breach of any covenant or agreement in tltc Security Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee far the benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment far additional security only II Lender gives notice of breach to Borrower: (a) all tents received by Borrower shall be held by Borrower as trustee for benefit of Lender only, to he applied to the sums secured by the Security Instrument; (b) Lender shall be entitled to collect and receive all of the rents of the Property: and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on lender written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender front exercising its rights under this Paragraph 17. Lender shall not he required to enter upon, take control of of maintain the Property before or after giving notice of breach to Borrower However, Lender or a Judicially appointed receiver may do sit at any time there is a breach. 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 terminate when the debt seemed by the Security Instrument is paid in full. 18. Foreclosure Procedure. if tender requires immediate payment in full under Paragraph 9, Lender may foreclose this Securip Instrument by judicial proceeding. Lender shall be entitled to collect all expenses incurred in pursuing the remedies prnvickd in this Paragraph 18, lueluding, but not limited m, reasonable attorneys'fees and costs of titleevidence. It the power of sale is invoked, Trustee shall record a notice of default 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 law to Borrower and to the other persons prescribed by applicahle law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law_ Trustee, without demand on Burrower, .shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order I Lustre datcnnines. Trustee may postpone sale of all or any parcel of this Property by public announcement at the time an place of any previously scheduled sale- Tender or its designce may purchase the Property at any sale. Upon receipt of payment of the price bid 'I'rustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trusts; deed shall be prima facie evidence of the truth of the statements made therein, Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's tees actually incurred. not to exceed S h, of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted by law; do to all sums secured by this Security Instrument; and (c) any excess to the persons legally entitled to it If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary required immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ( "Act ") (12 U.S.C. 3751 el seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to u Lender under this Paragraph 18 or applicable law. 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Inetrumcm to Toaster Trustee shall econvey the Property without warranty and without charge to the person or persons legally entitled to it Such person or persons shall pay any recordation costs. 20. Substitute Trustee. Lender, it its option_ may from time to time remove Trustee and appoint a successor trustee to ,my 'I onster appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties colored upon Trustee herein and by applicable law. 21. Request far Notices. Burrower tulucsts that copies of the notices of default and sale be sent to Borrowers address which s the Property Address. "I rt c' Pagc5of6