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2oioo�7�0 I1e3028.da[.xml NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follaws: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration fallowing Borrowe�r's breach of any covenant or agreement in tlus Security Instrument (but nat prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the dePault; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cuure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Securlty Instrument and sale of the Praperty. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any ather defense of Borrower to acceleration and sale. If the default is not cured on or before the date speci�ed in the notice, Lender at its option rnay require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies perntitted by Applicable Law. Lender shall be entitled to collect all ezpenses incurrec� in pursuing the rennedies provided in this Section 22, including, but not limited to, reasanable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a natice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed hy Applicable Law to Borcower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give public notice aY sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auetion to the highest bidder at the time and place and under the terms designated in the not'tce of sale in one or more parcels and in any order Trustee deternunes. 'hvstee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's d�eed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power oF sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by t�is Security Instrurnent; and (c) any excess to the person or persons legally ez►titled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, I..ender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. L,ender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the chazging of the fee is permitted under Applicable Law. 24. Substitute Trustee. Lender, at its aption, may from time to tirne remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recqrded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. 25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property Address. NE8RA5KA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT pocMagic � eoo-e4s-rssz Form 302$ 9/01 Page 9 of 11 www.docmagic.cam �l� ��