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201108707 NON-UIVIFORM COVENANTS. Borrower and Lender fiurther covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to aceeleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not 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 default; (c) a date, not less than 30 days from the date t6e notice is given to Barrower, by which the default must be cured; and(d) that failure to cure the default on or before the date speci�ed in the notice may result in acceleration of the sums secured by tlus Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a wurt action to assert the non-ezistence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may 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 permitted by Applicable Law. Lender shall be entitled to collect all ezpenses incurred in pursuing the remedies provided in tltis Section 22, including, but not limited to, reasonable attoraeys' fees and costs of title evidence. If the power of sale is invoked, Trustee shali record a notice of default in each county in wLich any part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee sha11 give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public suction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee 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 deed conveying the Property. The recitals in the Trustee's deed s6all 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 Applicabie Law; (b)to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to i� 23. Reconveyance. Upon payment of a11 sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and a11 notes evidencing debt secured by tivs Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. S�ch person or persons shall pay any recordation costs. Lender 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 charging of the fee is petmitted under Applicable Law. 24. Substitute Trustee. Lender, at its option, may from time to time 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 r�;ord�. Without conveyance of the Property, the successor trustee sha11 succeed to all the title, power and duties conferred upon Trustee berein and by Applicable Law. 25. Request for Notices. Borrower requests tUat copies of the norice of default and sale be sent to Borrower's address which is the Property Addres.s. 2300055T83 D V6ANE NEHR/►SKA-Single Family-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WRH MERS .�� �-6A(NE�1oe�o1 Pega 73 of 15 Initiels.� FOrR1 3028 1/01 c•>