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2oioos4�i <br />Lender shall give Borrower notice of acceleratian. The notice shall provide a peridd of not less than <br />30 days from tha date the notice is delivered or mailed within which Borrower may pay all sums secured <br />by this Deed of Trust. If borrower fails to pay such sums prior to the expiration of this period, Lender <br />may invake any remedies permitted by this Deed of Trust without further notice ar demand on Borrower. <br />NON-UNIFORM COVENANTS. Borrower and Lender further convant and agree as follows: <br />18. Acceleration; Remedies. Unless the "Maturity Date", as defined in tha Note, has occurred, <br />Lender shall give notice to Borrower prior to acceleration following Borrower's breach af any covenant or <br />agreement in this Deed of Trust (but not prior to acceleration under paragraphs 12 and 17 unless <br />applicable law provides otherwise). The notice shall specify: (a) the breach; (b) the action required to <br />cure tha breach; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which <br />the breach must be cured; and (d) that failure to cure the breach on or before tha date specified in the <br />notice may result in acceleratian of the sums secured by this beed of Trust and the sale of the Property. <br />The notice shall further inform Borrawer of the right to reinstate after acceleration and the right to bring a <br />court action to assert the non-existence of a default or any other defense of Borrower ta acceleration and <br />sale. If the bre�ch is not cured on or before the date specified in the notice, or if the "Maturity Date" as <br />defined in the Note has occurred, Lender at its option may require immediate payment in full of all sums <br />secured by this Deed of Trust without further demand and may invoke the power of sale and any other <br />remedies permitted by applicable law. Lender shall be antitled to collect all reasonable costs and <br />expenses incurred in pursuing the remedies provided in this paragraph 1$, including, but not limited to, <br />reasonable attomeys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which the <br />Property or some part thereof is located and shall mail capies of such notice in the manner prescribed by <br />applicable law to Borrower and to the other persons prescribed by applicable law. Aftar the lapse of such <br />time as may be required by applicable law, Trustee shall give notice af sale to persans and in the <br />manner prescribed by applicable law. Trustee, without demand on Borrawer, shall sell the Property at <br />public auction to the highest bidder at tha time and place and under the terms designated in the notice of <br />sale in one or more percels and in such order as Trustee may determine. Tr'ustee may postpone sale of <br />all or any parcel of the Property by public announcement at the time and place of any previausly <br />scheduled sale. Lender 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 purchaser Trustee's deed <br />canveying the Property sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to <br />all reasanable costs and expenses of the sale, including, but not limited to raasanable Trustee's fees <br />actually incurred of nat more than 5.00 % of the gross sales price, reasonable attomeys' fees <br />and costs of title evidence; (b) to all sums secured by this Deed of Trust; and (c) the excess, if any, to <br />the person or persons legally entitled thereto. <br />19. 8orr�wer's Right to Relnstate. If Borrower meets certain conditions, Borrower shall have the <br />right to have enforcement af this Deed of Trust disconkinued at any tima priar to the earliest of (a) five <br />days (or such other periad as applicable law may specify far reinstatement) bef�re the sale of the <br />Property pursuant to any power of sale containad in this Deed of Trust; or (b) entry of judgment enforcing <br />this Deed of Trust. Those conditions are that Borrower: (i) pays Lender all sums which then would be <br />due under this D�ed of Trust and the Note as if no acceleration had occurred; (ii) cures any default of <br />any other covenants or agreements; (iii) pays all expenses incurred in enforcing this peed of Trust, <br />including, but not limited to, reasonable attomeys' fees; praperty inspection and valuation fees, and other <br />feas incurred for the purpose of protecting Lender's interest in the Property and rights under this Deed of <br />Trust; and (iv) takes such action as Lender may reasonably require to assure that the lien of this beed of <br />NE Entry GostA&slstance Loan Deed of Trust 220006822J Page 6 of 8 <br />0204 (ECAMN�) <br />