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<br /> deemed to be a waiver of any rlght 'as to any subsequent transaction, event
<br /> or occurrence.
<br />
<br /> If the ownership of they Property becomes vested in a person(s),
<br /> corporation, partnership, or joint venture other than the Borrower, the
<br /> Lender may, without notice to the Borrower, deal with such successor or
<br /> successors in interest with reference to this Deed of Trust and the debt
<br /> hereby secured as with the Borrower, and may forebear to sue, alter time
<br /> for payment of the debt, change the Interest rate and/or the payments of
<br /> the debt hereby. secured, without discharging or in any way affecting the
<br /> liability of the Borrower(s) hereunder or upon the debt secured.
<br /> If Lender exercises such option to accelerate, Lender shall mil
<br /> Borrower notice of acceleration in accordance with paragraph 14 hereof.
<br /> Such notice shall orovide a period of not less than thirty (30) days from
<br /> the date the notice is me►1 1 ed within which Ek)rrower may pay the surrs
<br /> declared duo. If Borrower fails to pay such suns prior to the expiration
<br /> of such period, lender may, without further notice or demand on Borrower,
<br /> invoke any remedies permitted by paragraphs 18 hereof.
<br /> 18. ACCELERATION; REMEDIES._ Except as provided in Paragraph 17
<br /> hereof, upon Borrower's breach of any covenant or agreement of Borrower in
<br /> this Deed of Trust, including the covenants to pay when due any sums
<br /> secured by this Deed of Trust, Lender prior to acceleration shall mail
<br /> notice to Borrower as provided in Paragraph 14 hereof specif•ling (1) the
<br /> breach; (2) the action required to cure such breach; (3) a date, not less
<br /> than thirty (30) days from the date the notice is mailed to Borrower, by
<br /> which such breach must be cured; and (4) that failure to cure such breach
<br /> on or before the date specified in the notice may result in acceleration of
<br /> the sums secured by this Deed of Trust and sale of the Property. If the
<br /> breach is not cured on or before the date specified in the notice, Lender,
<br /> at Lender's option, may declare all of the sums secured by this Deed of
<br /> Trust to be immediately due and payable without further demand and rrk-ay
<br /> invoke: the parn;r of sale and any other remedies permitted by applicable
<br /> law. Lender shall bP entitled to collect all reasonable costs and expenses
<br /> lncurrcd in pursuing the remedies providea-d In this Paragraph 18, including,.
<br /> but not limited to, reasonable attorrw.,Y's fees.
<br /> If the power of sale is lnyoked, Trustee shall record a notice of
<br /> default in each county in which the Property or some, part thereof Is
<br /> located and shad mail copies of such notice In the manner prescribed by
<br /> applicable law to Borrower and to the other` persons prescribed by
<br /> applicable law. After the lapse of such time as may be required by
<br /> applicable law, Trustee shall give public notice of sale to the persons and
<br /> in the manner prescribed by applicable law. Trustee, without demand on
<br /> Borrower, shall sell the Property at public auction to the highest bidder
<br /> at the time and place and under the terms designated in the notice of sale
<br /> in one or more parcels and in such order as Trustees may determine. Trustee
<br /> may postpone sale of all or any parcel of the Property by public
<br /> a.-notnicement at the time and place of any previously scheduled sale. Lender
<br /> or Lender's designee may purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the
<br /> purchaser Trustee's deed conveying the Property sold. The recitals in the
<br /> Trustee's deed shall be prima facie evidence of the truth of the 7ltatemnnts
<br /> made therein. Trustee shall apply the proceeds of the sale in the.
<br /> following order: (a) to all reasonable costs and expenses of the sale,
<br /> Including, but not limited to, Trustee's fees of not more than 1/2 of It of
<br /> the gross sale price, reasonable bttorney's fees and costs of title
<br /> evidence; (b) to all suns secured by this Deed of Trusty and (c) the
<br /> excess, if any,,to the person or persons legally entitled thereto.
<br /> 19. ACCELEPArirkl PREPAYMENT PRWILEGE. Uroi any default by Borrower
<br /> and following the accoiuration of maturity as herein provided, a tender of
<br /> paymrant of the amount necessary to satisfy the entire Indebtedness secured
<br /> hereby made at any time prior to foreclosure sale (Including sale under
<br /> power of sale) by the Borrower, Its successors or assigns or by anyone in
<br /> behalf of Borrower, Its successors or assigns, shall constitute en evasion
<br /> of the prepayn-j;nt terms of said Note and be deemed to be as voluntary
<br /> prepayment thereunder and any such payment to the extent permitted by low,
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