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<br />NONUNIFORM COVENANTS. Borrower and Lender further Covenant an0 agree As follows � S
<br />breach 9. Acceleration; enant Or Remedies. Lander shall give Notice to Borrower prior to acceleration following Borrower's
<br />Y is thbn Soennity I t (bat not prior to acceleration under P"Mrsbs 13 and 17
<br />tadatnt haw provides otherwise). The notice " ep dfy: (a) the default; (b) the action n putn ed is care the
<br />alt (c) aurae, apt � Bent 3* as" from the data the Notice is given to Borrower, by which the default must be cared;
<br />mad (d) that Adhere to care tha default as ce before the elate specified in the notice may result to Kcekration of the mama
<br />h ud rink of the Property. The notice SWI farther inform Borrower of the right to
<br />reinNe � and the right to bring a corm action to assert the - existence of a defauk or any other
<br />at 'a Option may sod ", It the default Is net cared on or before the date specified in the notice, I ender
<br />fe Mimic is tall of all Items uncured by this Security IwAnuftM without farther
<br />demand and may lavoke the Penn of pals std say other rentalles permitted by appille" law. Leander shall be entitled to
<br />enaee' W expenses incurred IN provided in this paragraph 19. Including, but not limited to,
<br />nsron" StWoeW fees and Pow o ftkie evidence.
<br />if the power of ante Is invoked, Trustee shall record a notice of default in each county is which any part of the
<br />Property Is located and WWI mil copies of aaeb entice is the summer proscribed by applicable law to Borrower snd to the
<br />other P1 10 Prescribed by APPHIC11111110 law. Alter the time required by appliabie law, Trustee dWi give public notice of
<br />Oak to the penutp I said to the mamter prescribed by &Mkabk law. Trustee, without demand on Borrower, shall sell the
<br />Pro" at Psd4c section to the NOW bidder at the time and place and under the terms designated in the notice of ask in
<br />am or more Percale and in any order Trustee datermints. Tree ®ay Postpone sak of all or any parcel of the Property by
<br />Public aRBOwKeOMM at the tit and place of any previously schedrkd ink. Leader or its designee my purchase the
<br />Pity at any sale.
<br />UPON recatlt of Payment of the price bid, Trustee shall deliver to the purchaser Trustee's eked conveying the
<br />Trustees. The recitals
<br />he pr the Trustee's deed shall be Prima terk evidence of the truth of the statements made therein.
<br />Trice shall aPNY the Procter of the sale in the following order. (a) to W e:pram of the sale, including, but not limited
<br />W Tahoe "s fees as Permitted by applicable law and ressom" attorneys' fees; (b) to all $amm$ secured by this Security
<br />lns&un end and (c) any exc, a to the person or persons legally entitled to it.
<br />20. Leader in PONNSWOR. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reeonveyanee. Upon Payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reronvey the Property without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender, at its option• may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices, Borrower requests that capces
<br />address which is the Property Address. of the notices of default and sale be sent to Borrower's
<br />24. Riders to this Security instrument. if one nr more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements Of each such rider shall be incorporated into and shall amend and
<br />supplement the covenants and agreemenu of this Security Instrument as if the rider(s) were a part of this Security
<br />instrument. [Check applicable box(es))
<br />Adjustable Rate Rider (ondmninium Rider 2-4 Family Rider
<br />Graduated Payment Rider Planned Unit Development Rider
<br />Other(s) [*, —Ify)
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider($) executed by Borrower and recorded with it.
<br />... .........................(Seal)
<br />LAWRENCE W. TRAIOT
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