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<br />200709078 <br /> <br />NON-UNIFORM COVENANTS. Borrower <Uld Lender further covemmt <Uld agree as follows: <br />22, Accelemtion; Remedies, Lender shall give notice to Borrower IHiol' to acceleration following <br />Borrower's breach of 1m)' COl'enant or agl'cement in this SecUl'it), lnstl'lllnent (but not luiol' to <br />accelerntion undel' Section 18 unless Applicable Law provides othel'wise), The notice shall specif)': (a) <br />the defllult; (b) the action required to cure the llerllultj (c) 11 date, not less than 30 da)'s f!"Om the date <br />the notice is given to Borrower, b)' which the default must be cured; and (d) that failure to cUI'e the <br />default on or before the date specified in the notice ma)' I'eSUIt in acceleration of the sums secured b)' <br />this Secudt)' Instrument and sale of the Propert)'. The notice shall fUliher infomt BOITower of the <br />right to reinstate after acceleratioll and the light to bring a couliaction to asseli the non-existence of <br />a default or any other defense of BOl'rowel' to accelel'ation and sale, If the default is not cur'ed on or <br />before the date specified in the notice, Lender at its option ma)' requil"e immediate pa)'ment in full of <br />all sums secUl'ed b)' this Secudt)' Instrument without fUl1her demand and may iDl'ol{e the power of <br />sale and any othel' remedies permitted by Applicable Law, Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies l>rovided in this Section 22, including, but llot limited to, <br />l'Casonable attome)'s' fees and costs of title evidence, <br />If the IJOWCI' of sale is invol{ed, Trustee shall recol'd a notice of default in each county in which <br />any pali of the PI'OIJeliy is located and shall mail copies of such notice in the munnel' IH'escdbed by <br />Applicable Law to Borrower and to the othel' persons l>rescribed by Applicable Law, After the time <br />I'cquired by Applicable Law, Trustee shall give public notice of sale to the pel"sons and in the manner <br />ltrescdbed by Applicable Law, Trustee, without demand on Borrowel', shall sell the Prollel1y at <br />llublic 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 parcels and in any ordel' Trustee detelmines, Trustee may postpone sale <br />of all or any parcel of the Prolleliy by public announcement at the time and place of an)' previously <br />scheduled sale, Lender or its designee may purchase the Propeliy at any sale. <br />Upon receipt of payment of the price bid, Trustee shall delil'cr to the Ilul'chasel' Tl1.Istee's deed <br />conveying the PJ'Opel1y, The l"ecitals in the Trustee's deell shall be prillla facie evillence of the truth <br />of the statements made therein. Tl1.Istee shall apply the proceells of the sale in the following order: (a) <br />to all costs and eXllenses of exercising thc )lower of sale, and the sale, including the Ila)'lllent of the <br />Tl'llstee's fees actually incuITed and reasonable attomeys' fees as IICHlIitted b)' Applicable Law; (b) to <br />nil sums secured by this Security Instl1unent; and (c) all)' excess to the )IeJ'Son or pCl"Sons legally <br />entitled to it, <br />23, Reconveyance, Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender Utis Security Instrument and all notes <br />evidencing debt secured by this Security Instrwnent to Trus(ee. Trustee shall reconvey the Property <br />without warranty to Ute person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for recollveyillg the Property, but only <br />if the fee is paid to a third party (such as Ute Trustee) for services rendered and the charging of the fee is <br />permitted WIder Applicable Law. <br />24, Substitute Tl1.Istee, Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by fil instnunel1t recorded in Ute county in which this <br />Security lnstrwnent is recorded. Without conveyance of Ute Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices, Borrower requests that copies of Ule notice of default and sale be sent to <br />Borrower's address whieh is the Property Address. <br /> <br />:5',C <br /> <br />8800278337 <br /> <br />Inili'IS:~ <br /> <br />8800278337 <br /> <br />at-SAINE) (0407)01 <br /> <br />pag. 1 J 01 15 <br /> <br />Form 3028 1/01 <br />