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200703355 NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Acceleration; Remedies. Except liS provided in paragraph 16 hereof, upon Borrower's breuch of any covenant or agreement of Borrower in this Deed of Trust, including Borrower's failure to pay, by the end of 10 cnlendur days after they are due, any sums secured by this Deed of Trust, Lender prior to accl!1eratlon shall give notice to Borrower as provided in paragraph 12 bereof specitying: (1) the breach; (2) the action required 10 cure such breach; (3) a date, not less tban 20 days from the date the notice Is mailed to Borrower, by which such breach must be cured; and (4) that flllJure to cure such breach on or before the dllte specilied in the notice may result in llccelerlltion of the sums secured by this Deed of Trust Imd sale of the Property, The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the nonexistence of Ii default or any other defense of Borrower to acceleration and sale. If the breach is not cured on or before the date specilied in the notice, Lender, at Lender's option, may declare all of the sums secured b)' this Deed of Trust to be immediately due and payable without further demand and may invoh:e the power of sale and any other re!medies permitted by applicable law. Lender shall be entitled to coiled ull rellsonable costs and expenses incurred In pursuing the remedies provided in this paragraph 17, including, but not limited to, reasonable attllrneys' fees. If the puwer of sale Is invol,ed, Trustee shall recurd 11 notice of defnult in each count)' in which the PI'UI)!!I.ty or some llilrt thereof is located llnd shull mail copies of such noticc in the IlHlllllel' prescribed by applicable luw to Borrower and lo the other persons prescribed by applicable law. After the lapse of such time us may be required by upplicable law, Trustee shull give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, withuut demand on Borrower, shall sell the Property Ilt public tluction to the highest bidder at the time :md place and under the terms designated in the notice of sllle in one or more parcels und in such order as Trustee may determine. Trustee! muy postpone sllle of all or llny parcel of the Property by public announcement at the time and placl! of any previously scheduled sale. Lender or Lender's designee mllY purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the I'roperty sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements m:lde therein. Trustee shall apply the proceeds of the sale In the fOllowing order: (a) to all reasonable costs and expenses of the sale, including, but not limited to, Trustee's fees actually incurred and rellsonable attorneys' fees as permitted by Applicable Law; (b) to ull sums secured by this Deed of Trust; and (c) thl! excess, if any, to the person or persons 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 Lo 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 n judgment enforcing this Deed of Trust if: (a) Borrower pays Lender all sums which would be then due under this Decd of Tnlst and the Note had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contnined in this Deed of Trust; (c) Borrower pays all reasonable expenses incun"cd by Lender and Trustee in enforcing the covenants and agreements 01' Borrower contained in this Deed of Trust and in clllbrcillg Lender's and Trustee's remedies as provided in paragraph 17 hereof, including, but not limited to, reasonable attorneys' fees; ,md (d) Borrowcr takes such action as Lender may reasonably require to assure that the lien of this Deed 01' Trust, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Trust 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 uf Re!ceiver; Lender in Possession. As additional security hereunder, Borrower hereby assigns 10 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 coilect and relain such rents as they become due and payable. Pogo 5 Qf 7 lnlli.ls: ~O~ 7329 Form 382B 2007-862321 076N(NE) (05D9) ~ 100049700008623213