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LOAN NO.:R9802254250-LLW �O� �����
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<br /> may result in ac.celeration of the sums secured by tlils Dced of Tn�st and sale of the Prop�ty. The notice shall
<br /> further inform Borrow� of the dght to rejnstate after acceleration and the rlght to bring a coiu�t action to
<br /> ass�t the none8istence of a defanit or any other d�ense of Borrower to acceleration and sale. If the breach is
<br /> not cured on or before the date specitied In the notice, Lender, at I.end�'s option, may declare sU of the sums
<br /> secured by this Deed of�Yust to be immedjately due and payable wlthout further demand and may invoke the
<br /> power of sale and any other remedies permitted by appltcable law. L�►der shall be e�titled to uollect all
<br /> reasonable costs and eapenses Incurc�ed in puisuin�the remedies prnvided in this paragraph 17, Luludin�, but
<br /> not limtted to,reasonable attorneys'fees.
<br /> If the power of sale is invoked, Trnstee shall record a notice of d�aatt in each county in whlch the
<br /> Propaty or some part thereof is located and shall mail copies of such notice in the manner prescribed by
<br /> applicable law to Borrow�and to the other peisons prescrlbed by appllcabte law. Aft�the lapse of such t[me
<br /> as may be required by applicable law, Trustee shall give public notice of sale to the pe�sons and In the manner
<br /> • prescribed by appllcahle law. Tn�stee, wkhout demand on Barrow�, shaU sell the Propeity at publlc audion ,
<br /> to t6e highest bidder at the time and place and�mder the t�ns designated in the notice of sale in one or more
<br /> parcels and in suc6 order as Trustee may determine. Trustee may postpune sale of all or any parcel of the
<br /> Propaty by publlc announcat�ent at the time and place of any previously schednled sale. I.esder or Leader's
<br /> designee may purchase the Propeity at any sale.
<br /> Upon receipt of paym�t of the pdce btd, Tn�stee shall deliv�to the purchaser Trustce's deed conveyin�
<br /> the Propeity sold. The recltaLg in the Trustee's dced sLall be prtma fade evid�ce of the truth of the statements
<br /> made thezein. Tnutee sLall apply the proceeds of the sale in the following order: (a)to all rea4onable costa and
<br /> egpe�ueg of the sale, Including, but not limited to, Trustee's fees adually lncurred of not more tl�an
<br /> °�b of the gross sale prlce, reasonable attorneys' fees and costs of title evtdence; (b) to
<br />' all swns secured by this Deed of Trust; and (c) the eacess, if any, to the person or persoas le�ally entitled
<br /> thereto.
<br /> 18. Borrower's Right to Reinstate.Notwithstanding Lender's acceleration of the sums secured by this Deed of
<br /> Trust, due W Borrower's breach, Borrower shall have the right to bave any proceedings begun by Lender to enforce
<br /> this Deed of Trust discontinued at any time prior to the earlier to occur of(i) the fifth day before the sale of the
<br /> Property pursuant to the power of sale contained in this Deed of Trust or(ii)entry of a judgment enforcing this Deed
<br /> of Trust if: (a) Bonower pays Lender all sums which would be then due under this Deed of Tmst and the Note had
<br /> no acceleration occurred; (b) Bortower cures all breaches of any other covenants or agreements of Borrower
<br /> contained in this Deed of Trust; (c) Borrower pays all reasonable expenses incurred by Lender and Trustce in �•
<br /> enforcing the covenants and agreements of Borrower contained in this Deed of Tn�st
<br /> and in enforcing Lender's and Trustee's remedies as provided in paragraph 17 hereof, includin�, but not limited to,
<br /> reasonable attorneys' fees; and (d) Borrower takes such action as L.ender may reasonably reqmre to assure that the
<br /> lien of this Deed of Trust, L.ender's interest in the Property and Borrower's obligation to pay the sums secured by �
<br /> this Deed of Trust shall continue unimpaired, Upon such payment and cure by Borrower, this Deed of Tn�st and the
<br /> obligations secured hereby shall rem�in in full force and effect as if no acceleration had occurred. •
<br /> 19. Assignment of R�ts; Appoinhn�t of Recetver; I.ender in Possession. As additional security hereunder,
<br /> Bonower hereby assigns to I.ender the rents of the Property, provided that gonower shall, prior to acceleradon
<br /> under pazagraph 17 hereof or abando�ent of the Property, have the right to collect aud retain such rents as they
<br /> become due and payable.
<br /> Upon acceleration under paragraph 17 hereof or abandomnent of the Property, I,ender, in person, by agent or
<br /> by judicially appointed receiver s�Lall be entifled to enter npon, take possession of and manage the Property and to
<br /> collect the rents of the Property 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 limited
<br /> to, receiver's fees,premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this
<br /> Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received.
<br /> 20. Reconveyance. Upon payment of all sums secured by tlus Deed of Trust, Lender shall request Tn�stee to
<br /> recouvey the Property and shall surrender this Deed of Tnist and all notes evidencing indebtedn�ess sec,vred by this
<br /> Deed of Trust to Trustee. Trustee shall recomey the Property without vvarranty and without charge to the person or
<br /> persons legally entitled thereto. Such person or persons sball pay all costs of recordation, if any.
<br /> 21. SubstState Trustee. Lender, ac Lender�s opdon, may from dme to time remove Trustee and appoint a
<br /> successor trustee to any Trnstee appointed hereunder by an instrument recorded in the county in which this Deed of
<br /> Trust is recorded. Without conveyance of the ProPertY, the successor trustee shall succeed to all the title, power and
<br /> dudes conferred upon the Trnstee herein and by applicable law.
<br /> 22. Request for Notices. Borrower requests tl�at copies of the notice o ,fault and notice of sale be sent to
<br /> Borrower's address which is the Property Address,
<br /> Form 3828
<br /> ��-761NE)�aeo2� P.o.s or e
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