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<br /> ntia.y result in acccleratton af the sums secured by this Ueed of Trust and sale of the Property.The notice shall � �{ -
<br /> further Inform Borrower of the rtght to retastate after acceleratloa and the right to bring a court action to s_°�-
<br /> �..�-+� .� assert the noitexistence of a default or any other defebse at Borrower to acceleration and sale. If the breach is Vi_-_
<br /> +. not cured on or before the date specitied in the notice, Lender, at Lender's option, may declare aU of the sums -
<br /> secured by this Deed ot Trust to be Immedlately due and payable wlthout further demand und may invoke the ___.
<br /> power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all --
<br /> reasonable wsts and expenses incurred ia pursuias the remedies provided in thts paragraph 17,including,but -
<br /> not ltmited to,reasonable attorneys'fees. ___
<br /> If the power of sale (s invoked, Trustee shall record a notice of default In each couaty !n which the :` �:�`
<br /> Property or some part thereof ts located and shall mail copies ot such nottce in the n�anner prescrlbed by __�
<br /> applicable law to Borrower and to the other persons prescribed by applicable law.After the lapse of such tiare
<br /> ns may be required by appllcable law,Trustee sball give public notice of sate to the persons and in the manner �•�
<br /> „ prescMbed by applicable law. Trustee, wtthout demand on Borrower, sball sell the Property at publlc auction �
<br /> to the highest bidder at the ttme aad place and under the terms designated in the notice of sule ip one or more '
<br /> parcels and tn such order as Trustee may determine. Trustee may postpone sale of all or any parcel of the �
<br /> Property by public unnouncement at the time und pl:►ce of any previoasly scheduled sale. I.ender or Lender's
<br /> � desig�ee may purchase the Property at any sele.
<br /> Upon receipt of payment of the pMce bid,Trustee shall deliver to the purchaser Trustee's deed conveying .
<br /> � ihe Property sold.The recitals in the Trustee's dced shaU be prima facie evidence of the truth of the statements __—
<br /> �` made therein.Trustee shall apply the proceeds oP the sele in the following order:(a)to all reasonable costs and
<br /> expenses of the sale, Inzluding, but not Iimited to, Trustee's teGS actually incurred of not more than
<br /> � 5.o 0 0 90 of the gross sale pr[ce,reasonable attorneys'tees and costs ot title evidence; (b)to .
<br /> aU sums secured by this Deed of TrwK; and (c) the excess, K any, to the person or persons IegaUy entttled '
<br /> thereto. �1
<br /> � 18.Borrower's Rlght to Reinstate.Notwithstanding L.ender's acceleration of[he sums secured by this Deed of �:- -`
<br /> �, Trust, due to Bonower's breach,Barrower shall have the rlght to hace any proceedings begun by�Lender to enforce �:
<br /> -_' . . ` this Deed of'I'rust discontinued at any time prior to the earlier to occur of(i) the fifth day befare Ihe sale of the R _
<br /> '� Property pursuant to the power of sale contained in this Dced of Trust or{ii)entry of a judgment enforctng thfs Deed
<br /> ; of Trust if: (a)Borrower pays Lender all sums which would be tiien due under this Deed of Trust and the Note had
<br /> no acceleration occurred; (b) Borcower c:ures all breaches of any other co�enants or agreements of Borrower -_. -
<br /> �,��� contained in this Deed of Trust; (c) Bonower pays all reasonable expenses incurced by I.ender and Trustee in -
<br /> � enforcing the covenants and agreements of Borrower contained in this Deed of Trust
<br /> � � and in enforcing I.ender's and Trustee's remedies as provided in paragraph 17 hereof,including,but not limited to,
<br /> reasonable attorneys' fecs; and (d) Bonower takes such action as I.ender may reasonably requIre to assure that the --
<br /> �`. Ilen of this Deed of Trust, Lender's interest in the Properry and Bonower's obligation to pay the sums secured by -_-
<br /> thts Deed of Trust shall contiaue unimpalred. Upon such payment and cure by Borrawer,this Deed of Tnut and the -
<br /> obligations secured hereby shall remain in full force and effect as if uo acceleration had occuned. �_
<br /> �, 19.Asstgnment�f Rents; Appotntment of Receiver;Lender in Possession. As additionul secudty hereunder, _.
<br /> Bonower hereby assigns to I.ender the rents of the Property, provided that Bonower shall, p r Ior to acce lerat ion
<br /> '�:• under paragraph 17 hereof or abandonment of the Property, have[he right to collect and retain such rents as they _
<br /> become due and payable. =
<br /> %� Upon acceleration under paragraph 17 hereof or abandonment of ihe Property.Lender, in person, by agent or �-'�
<br /> � by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to E°:'
<br /> � collect che rents of the Propeny including those past due. All rents collected by I.ender or the receiver shall be -
<br /> � applied first to payment of the costs of management of the Property and collection of rents,including,but not Itmited
<br /> to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees,and ihen to the sums secured by this
<br /> Deed of Trust, I.ender and the receiver shall be liable to account only for those rents actually received. __
<br /> ,; 20.Reconveyance.Upon paymcnt of all sums secured by this Deed of Trust.Lender shall request Trustee to "
<br /> �; reconvey the Propetty and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this -_
<br /> Deed of Trust to Trustee. Trustee shali reconvey the Property without warranty and without chazge ro the person or ��,�yw���'�'�°"`��"'°
<br /> • persons legally entitled thereto. Such person or persons shall pay all costs of recordation,if any. ,•
<br /> i 21. 5ubstitute Trustee. Lcnder, at Lender's option, may from�ime to time remove Trustee and appoint a
<br /> i successor trustee to any Truscee appointed hereunder by an instrument recorded in the county in which this Deed of �r.... ,r,�-
<br /> " Trust is recorded. Without conveyance of the Property, the successor tNStee shall succeed to all tl�e title, power and , ;�x ti'.:•t r_
<br /> � duties confened upon the Trustee herein and by applicable law. �',��`��� ��: �� "
<br /> 22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to -•�w;:4'�: , -''"'
<br /> � Botrower's address which is the Pro en Address. '��� •�"
<br /> � P Y Form 3828 `y';f.:,�;�
<br /> ��-78WE1 ieeox� PaNO 6 0�6 r�• Irvtm�s:c• c...�.
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