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<br />200600582 <br /> <br />NON"UNIFORM COVENANTS. Borrower anCl Lender further COvenant and agree a8 follows: <br />22. Ac:c:e1eration; Remedies. Lender shalllllve notice to BOJ.'l.'ower prior to acceleration following <br />Borrower's bl'tach of any covenant or agreement in th1I Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notke shall specify: (a) <br />the default; (b) the 8f;ltion required to cure the default; (c) a date, not less than 30 days from the date <br />the notice Is given to Borrower, by which the default must be cured; and (d) that faDure to ttire the <br />default on or before the date IlIpedfled In the notkle may result in acceleration ot the SUDllll secured by <br />tbls SecurIty Instrument and sale of the Froperty. The notice shaD further intonn Borrower ot the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or any other defense of Borrower to acceleratlon and sale. If the default Is not cured OD or <br />before the date spedfled In the ROtite, Lender at Its option may require immediate payment In full of <br />aU 8uDIlI secured by this Security Instrument without further demand and may Invoke the power of <br />sale and any other remedl. permitted by AppUcable Law. Lender shall be entitled to coned .n <br />expens. incurred in pursuing the remedies provided In this Sectlon 22, Including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a nottee of default In eaCh county in which <br />any part of the Property It located and shaD mail copies of such notiee In the manner preacrfbed by <br />Applicable Law to Borrower and to the other persoDs prescribed by Applicable Law. After the time <br />J,'equired by Applicable Law I Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by AppUcable Law. Trustee, without demand on Borrower, shall sell the Property at <br />pubUc auction to the highest bidder at the time and place and under the terms designated In the <br />notice or sale in one or more parcels and in any order Trustee determlnelll. Trustee may postpODI sale <br />of all or any parcel of the Property by public announcement at the time and place of any pJ,'evlously <br />scheduled sale. Lender or its designee may purchase the Property at Ilny sale. <br />Upon l'e(lefpt of payment of the price bid, TnJstee shall deUver to the purchaser Trustee's deed <br />conveying the Property. The l.'ecltals in the Trustee's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shaD apply the proceeds of the sale In the following order: (a) <br />to all costl!l and expenllll!$ of exercising the power ot sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and rtasonable attorneys' fees as permitted by AppIleable Law; (b) to <br />all SUlD8 secured by this. Security Instrument; and (c) any excess to the person or persons legally <br />entitled to It. ' <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the penon or persons legally entitled to it. Such penon Or persons shill pay any <br />recordation costs, Lender may Charge such person or persons a fee for rec:onveying the Property, but only <br />if the fee is paid to a third party (SUCh as the Trustee) for services rendered and thli'l charging of the fee is <br />pennitted under Applicable Law. <br />24. Substitute TrUllltee. Lender, at its option, may from time to time remove. Trustee and appoint a <br />successor trustee to any Tl'UlItee appointed hereunder by an instruItlent recorded in the county in which this <br />Security Instnunent is recorded. Without conveyance of the Property. the successor trustee shall succeed to <br />all the title, power and duties conferred upon Tmstee herein and by Applicable Law. <br />25. Request tor Notices. a'orrower requests that copies of. the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br /> <br />E990802 <br /> <br />fIll"8AINEII04071 <br /> <br />rage 13 01 1~ <br /> <br />I"~IBI.:~ <br /> <br />Form 3028 1/01 <br /> <br />09 'd Ot6v 'ON <br /> <br />dJO~ MOJJS3 ~ al+!l +saM4+JoN <br /> <br />~dOv:~ 900~ 'Ol 'U'er <br />