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~8/21/2005 04:44 6192933420 HLCMV 200701807 PAGE 11/31 payment of the Loan. If a default Otturs (other than under Sedlon 16 or under subsection (4) oC this Section 11, unless Applicable Law provides otberwise), Lender will give Borrower notice speeltylng: (a) the deCault; (b) the action required to cure the default; (c) a date, not len than 30 days from tbe date tbe notice is given to Borrower, by which the default must be cured; and (d) that failure to core the default on or bdore the date specified in tbe notice may result In acceleration or the sums secured by thd Seturity Instrument and sale of the Property. If the delault I, not cured on or before tlte date 'p~ified in the notice, Lender at its option may require immediate paymel)t jn (oJI o( lillsunu secured by this Security Instrument \Vltbout furtber demand and may Invoke the power of sale aud any other remedies permltted by Applicable Law. Lender shall be entitled to colled all expenses incurred in pursuing the remedies provided In this Section 21, ineludlng, but not limited to, reasona.ble attorneys' fees and costs of title evidence. If tbe power Of sale is invoked, Trustee shall rcoord a notice oC default In each county in whlcb any part of the Property is l~ated and sball mail copies of sucb notice in tbe manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable taw. After the time req.dred by Applicable LliW~ Trustee shall give public notice of sale to the persons and in the manner prescribed by Applkable Law. Trustee, without de:mand on Borrower, shall sell the Property at p-.bUt: auction to the bJgbest bidd~ at the time and place and tinder the terms designatoo in the notice of sale in one or more parcelS and in any order Trustee determint$. Trustee may postpone sale of all or any parcel of tbe Property by publlt: announcement at the dme and place of any previously scheduled. sale. Lender or its designee may purchase the Properly at any sale. Upon receipt of payment of the price bid, Trustee shall delive.- tQ tbe purcbaser Trustee's deed conveying the Pr'operty. The ..ecil.llls In the Trustee's deed sball be prima faeie ev:ldeQee of the: truth of the statements made therl!in. Trustee shall apply the proc:eeds of the sale in the following order: (a> to all costs and expenses of exerclslng tbe power of sale, and the sate. blcluding the payment of the Trustee's fees adually lncorred and reasonable attorneys' tees as permitted by Applicable Law; (b) to all SUOlS secured by tIli!! Secu.rity lnstrument; and (e) any excess to the penon or perlOns legally entitled to It. 22. Reconveyance. Upon payment of all sums secured by this Security msttum.l:!nt and tennination of line: of credit created by the Debt Insttument, Lendtr shall request Trustee to reconvey the Property and shall $UITl!uder thi6 SecuritY Instt\1ment to Trustee. Trustee shall reconvey the Property without wlllTanty. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for (t(:Ollveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the ch8rging of the fee is pennitted l.Dl.der Applicable Law. 23. Substitute Trustee. Lender, at its option, may from time to time remove Trostee and appomt a successor trustee to any Trustee appointed hereWlder by an insttuIlient recorded in the county in which this Security lustmment is recorded. Without conveyance of the Property, the successor trUStee shall succeed to aU the title, po\Ver and duties confened upon Trustee herein and by Applicable Law. 24. Request {or Notices. Borrower requests that copies of the J:l.otice of default and sale be sent to Borrower's address whicb. ig the PrOperty Address. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this See . Instrum.ent and' any Rider executed by BOlTOwer and recorded with it. iiiliiiiSccliliiiCiillli (S/4/06) (S~al) (page 11 of j 3 PDgU) Dl)l;umcntl ProcclI8cd 02-02-2007, 15:16:21 .,.