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<br />200708844 <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 accelel'lltlon following <br />BOI'rowel'> s breach of any covenant or agreement In this Security Instl"ument (but not prim" to <br />acceleration under Section 1S unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the defaullj (b) the action required to cure the default; (c) a date, not less than 30 days from the dute <br />the notice Is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />defuult on or befol'e the dute specllled In the notice may result In acceleration of the sums secured by <br />this Security Instl"Ument Ilnd sale of the Property, The notice shall further inform Borrower of the <br />right to reinstate aftcI" acceleration and the ri!lM to bring II court action to assert the non-exIstence of <br />a defaull or ally othel" defense of Borrower to acceleration and sole. If the default is 1I0t cUI'ed on 01' <br />before the date spedtied In the notice, Lender at Its option may I'equlre immediate payment In full of <br />011 sums secured by this Security Instrument wIthout further demand IInd may Invoke the power of <br />sllle und ony other I'emedles pennitted by Appllcoble Law. Lender sholl be entitled to collect 011 <br />expenses Incurred in pursuing the remedies provided In this Section 22, includIng, but not limited to, <br />I'easonable attorneys' Cees and costs of title evidence. <br />If the power of sllle is invoked, Trostee sholl record a notice of default In ellch county In which <br />ony part of the Property Is located IInd shall mall copies of such notice In the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Low. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and In the mannel" <br />prescribed by Applicable Low. Trustee, without demand on Bormwt..., shull sell the l'ropel1:y at <br />public auction to the hIghest bidder at the time and place and under the terms designated In the <br />notice of sale In one or more parc;els und In any order Trustee determines. Trustee may postpone sale <br />of 011 or any parcel of the Property by public nnnouncement at the time and place of ony previously <br />scheduled sale. Lender or Its designee may purchase the Property at any sale. <br />Upon receipt of poyment of the price bid, Trustee Sholl deliver to the pUI'chaser Trustee's deed <br />conveyIng the Property. The recitols in the Trustee's deed shull be pl"lmo facie evidence of the truth <br />of tbe statements mode therein. Trustee shllllapply the proceeds of the sale in the following order: (n) <br />to 011 costs and expenses oC exercising the power of sole, ond the sole, Including the payment of the <br />Trustee's fees actually Incurred and reasoDuble attorneys' fees as permitted by Applicable Low; (b) to <br />1111 sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument. Lender shall <br />request Trustee to rcconvey the Properly and shall surrender Ihls Security Instrument and all notes <br />evidencing debt secured by this Securlly Instrument to Trustee. Trustee shull reconvey the Property <br />withoUl warranty to the person or persons legally emitled to it. Such person or persons sh.1I pay any <br />recordation costs. Lender m.y charge such person or persons II fee for recollveying the Property. but ooly <br />if the fee is paid 10 a third parly (such .s the Trustee) Cor services rendered .nd the charging of Ihe fee is <br />permitted under Applicuble Law. <br />24. SubstItute Trustee. Lender. at Its oplioll. may from time to time remove Trustee and appoint II <br />successor lruslee 10 any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveynnce of the Property. Ihe successor trustee shall succeed to <br />all the tille, power and dillies conferred upoo Trustee herein nnd by Applicable Law. <br />25, Request for Notices. Borrower requesls Ihat copies of the notice of default and sale be seot to <br />Borrower's address which Is the Properly Address. <br /> <br />_"DAINEIIO.O".O, <br /> <br />Pe.ge 13 or 15 <br /> <br />,ni.m.b <br /> <br />Form 3020 1/01 <br />