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<br />I <br />, i <br />I I <br />l'. I <br /> <br />,..i."""_~.,,.'n'.~'_'~_~'''~_L._ <br /> <br />,~__~_~""'.:I'7.I~_""",,,,,,,,,,,,,,,,,,,,,'.~~\,I.!1 <br /> <br />I <br />! <br />I <br />".'00 ,,,,,,",,,,,"",_._,.~,._,.~,,.~~,"_.,",,"" ~,^"m,"",,.,,.,,,",,,I'~~'N"" <br /> <br />200708160 <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement In this Security Instrument (but not prior to acceJeratlon <br />under Section 18 unless Applicable Law provides otherwise). The notice shall speclfy: (a) the default; (b) the <br />action required to cure the default; (c) a date, not less than 30 days from the date the notice Is given to <br />Borrower, by whlcb the default must be cured; and (d) that failure to cure the default on or before the date <br />specified In the notice may result in acceleration of the sums secured by this Security Instrument and sale of <br />the Property. The notice shall further Inform Borrower of the rigbt to reinstate after acceleration and the <br />right to bring a court action to assert the non..existence of a default or any other defense of Borrower to <br />acceleration and sale. If the default Is not cured on or before the date speclDed In the notice, Lender at its <br />option may require Immediate payment In full of all sums secured by this Security Instrument without <br />further demand and may Invoke the power of sale and any other remedies permitted by Applicable Law. <br />Lender shall be entitled to collect all e:rpenses incurred in pursulng'the remedies provided In this Section 22, <br />Including, but not limited to, reasonable attorneys' fees and costs of title evideuce. <br />If the power of sale is Invoked, Trustee shall record a notice of default in each county In which any part <br />of the Property is located and shall mall copies of such notice In the manner prescribed by Applicable Law to <br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable <br />Law, Trustee sball give public notice of sale to the persons and in the manner prescribed by Applicable Law. <br />Trustee, without demand on Borrower, shall seD the Property at public auction to the bighest bidder at the <br />time and place and under tbe terms designated in the notice of ule in one or more parcels and In any order <br />Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement <br />at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at <br />any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the <br />stattments made therelll. Trustee shall apply the proceeds of the sale In the following order: (a) to all costs <br />and expenses of e:<ercislng the power of sale, and the sale, Including the payment of the Trustee's fees actually <br />incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by thIs <br />Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrnment, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured <br />by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or <br />persons legally entitled to it Such person or persons shall pay any recordation costs. Lender may charge such person <br />or persons a fee for reconveying the Property, but only if the fee is paid to a third party (snch as the Trustee) for <br />services rendered and the charging of the fee Is permitted under Applicable Law. <br />24. Substltutt Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security <br />lnstrnmeut is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, <br />power lI1ld duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br /> <br />NEDR.\.SKA-Single Parity-Fannie MlelFreddle Mac UNIlIORM INSTlUJMENT <br />QV2023.HP <br /> <br />Form 302S lrol (poge /2 of 14 page.) <br /> <br />pO <br />