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200701195 If the power of lale il invoked, Trustee Ihall record a notice of default in each county in which the Property or some part thereof il located and IhaD maD copies of such notice in the manner prescribed by appUeable law to Borrower and to the other persons prescribed by appUcable law. After the lapse of IUch time as may be required by appDcable law, Trultee shall give public noUce of lale to the persons and in the manner prescribed by appUca.ble law. Trustee, without demand on Borrower, shall sell the Property at pOOUc 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 such order as Truatee may determine. Trustee may postpone sale of all or any parcel of the Property by pubUe announcement at the time and place of any previously scheduled sale. Lender or Lender's designee may purcbase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deUver to the purchaser Trustee's deed conveying the Property sold. The recitais in the Trustee's deed shall be prima fade evidence of the truth of the sbttements made therein. Trustee shall apply the proceeds of the sale in the foDowing order: (a) to all reasonable costs and expenses of the sale, including, but not limited to, Trustee's fees actuaDy Incurred of not more than A 0/'0 of the gross sale price, reasonable attorneys' fees and costs of title evidence; (b) to all sums lecured by this Deed of Trust; and (e) the excelS, if any, to the person or persoDs legally entitled thereto. 18. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of Trust, due to Borrower's breach, Borrower shall have the right to have any proceedings begun by Lender to enforce this Deed of Trust discontinued at any time prior to the earlier to occur of (i) the fifth day before the sale of the Property pursuant to the power of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing this Deed of Trust if: (a) Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deed of Trust; (c) Borrower pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenanl8 and agreements of Borrower contained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in paragraph 17 hereof, including, but not limited to, reasonable attorneys' fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Deed of Trust, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Trost shall continue unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or by judicially appointed receiver shall be entitled to enter upon. take possession of and manage the Property and to collect the rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied frrst to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received. 20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or perwns shall pay all costs of recordation. if any. 21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law. 22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's address which is the Property Address. Form 3818 (page 5 of 7 pages) 11111111111111111111I 111111111111111111111