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2Q0603407 NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give noti<< to Borrower prior to acceleration following Borrower's breacb of any covenant or agreement In tb& Security Instnunent (but not prior to acceleration under Section 18 unless Applicable Law provlc:(es otherwise). The notice sball specify: (a) tbe default; (b) the action required to cure tbe default; (c) 8 date, not less than 30 days from the date the notice is given to Borrower, by wbleh the default must;be cured; and (d) that failure to cure the default on or before tbe date specified in tbe notice may ~ult in acceleration of the sums secured by this Security Instrument and sale of the Property. The noUce sball further Inform Borrower of the right to reiD5tate after acceleration and the rlgbt to bring a.court action to assert tbe non-existence of a default or any other defense of Borrower to atce1eration aDd sale. If the default is not cured on or before the date specified in the notice, Lender at its option .ay require immediate payment in full of all sums secured by this Security InstnlDlent without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in tbis Section 22, 'including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a' ootlte of default in each county in whith 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 prestribed by Applicable Law. After the time required by AppHcable Law, Trustee shall give public nodce of sale to the penons and in the manner prescribed by Applicable Law. Trostee, without demand; on Borrower, shall sell the Property at publit auction to the highest bidder at the time and p1ac,e and under the tenns designated in the notice of saie in one or more pareels and in any order Trustee detennines. Trustee may postpone sale . ' of all or any parcel of the Property by pubht annoUD<<ment at the time and place of any previously scheduled sale. Lender or its designee may purchase the ~perty at any sale. Upon receipt of payment of the price bid, Trustee slWl deliver to the purchaser Trustee's deed conveying the Property. Tbe recitals in the Trustee's deed Shall be prima facie evidence of the truth of tbe statements made therem. Trustee shall apply the ~eeds of the sale in the following order: (8) to all costs and expenses of exercising the power of sale, .d the lISle, including tbe payment of the Trustee's fees actually incurred and reasonable attorneys' fees as pennitted by Applicable Law; (b) to aU sums secured by this Security Instrument; aod (c) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of all 9WIlS 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 Instrument to Ttvstee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property. but only if the fee is paid to a third party (such as the Trustee) for serVices rendered and the charging of the fee is permitted under Applicable Law. 24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor tI'WJtee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Prpperty, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein aDd by Applicable Law. 25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property Address. 00800039 GIl-6A(NEII04071 POlIO 13 01 16 Inlll.lo, 1-/4, ~J'~ Fonn3028 1'01 -m,LJ,. ,