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200512347 NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as ollows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to accel tion following Borrower's breach of any covenant or agreement in this Security Instrument (b t not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice hall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 da s from the date the notice is given to Borrower, hy which the default must be cured; and (d) that fa lure to cure the default on or before the date specified in the notice may result in acceleration of the ums secured by this Security Instrument and sale of the Property. The notice shall further inform orrower of the right to reinstate after acceleration and the right to bring a court action to assert the n n-existence of a default or any other defense of Borrower to acceleration and sale. If the default is ot cured on or before the date specified in the notice, Lender at its option may require immediate p yment in full of all sums secured hy this Security Instrument without further demand and may invo e the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitl d to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, b not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each cou ty in which any part of the Property is located and shall mail copies of such notice in the mann prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable La . After the time required by Applicable Law, Trustee shall give public notice of sale to the persons an in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the opertyat public auction to the highest bidder at the time and place and under the terms designated in he notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone e of all or any parcel of the Property by public announcement at the time and place of any previousl scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchase Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie eviden e of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the follow g order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applic hie Law; (h) to all sums secured by this Security Instrument; and (c) any excess to the person 0 persons legally entitled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Le er shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all note evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property witho warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation Sts. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is pa to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Ap licable Law. 24. Substitute Trustee. Lender, at its option, may from time to time remove Trus e and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the co ty in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee s II succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. 25. Request for Notices. Borrower requests that copies of the notice of default a sale be sent to Borrower's address which is the Property Address. fI!:t-6A(NE) (0407) Page 13 of 15 Inlllals: cf~ f). L Fonn 3028 1/01 ~Le--