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� gg- ic3o61 <br /> may result in acceleration of the sums secured by this Deed of Trust and sale of the Property. The notice shall <br /> further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to <br /> assert the nonexistence of a default or any other defense of Borrower to acceleration and sale. If the breach is <br /> not cured on or before the date specified in the notice, Lender, at Lender's option, may declare all of the sums <br /> secured by this Deed of Trust to be tmmediately due and payable without further demand and may invoke the <br /> power of sale and any other remedies permitted by applicable law. Lender shall be entitted to collect all <br /> reasonable costs and expenses Incurred in pursuiag the remedies provided in this paragraph 17, including, but <br /> not limited to, reasonable attorneys' fees. <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 copies of such notice in the manner prescribed by <br /> applicable law to Borrower and to the other persons prescribed by applicable law. After the lapse of such time <br /> as may be required by applicable law, Trustee shall give public notice of sale to the persons and in the manner <br /> prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction <br /> to the highest bidder at the tirae and place and under the terms designated In the notice of sale in one or more <br /> parcels and in such order as Trustee may determine. Trustee may postpone sale of all or any parcel of the <br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or Lender's <br /> 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 conveying <br /> the Property sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br /> made therein. Tcvstee shall apply the proceeds of the sale in the following order: (a)to all reasonable costs and <br /> expenses of the sale, including, but not limited to, Trustee's fees actually incurred of not more than <br /> % of the gross sale price, reasonable attorneys' fees and costs of title evidence; (b) to <br /> all sums secured by this Deed of Trust; and (c) the excess, if any, to the person or persons legally entitled <br /> thereto. <br /> 18. Borrower's Right to Reinstate. Notwitl�standing Lender's acceleration of the sums secured by this Deed of <br /> Trust, due to Bonower's breach, Bonower shall have the right to have 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) Borrower pays I.ender all sums which would be then due under this Deed of Trust and the Note had <br /> no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Bonower <br /> contained in this Deed of Trust; (c) Bonower pays all reasonable expenses incuned by Lender and Trustee in <br /> enforcing the covenants and agreements of Bonower contained in this Deed of Trust <br /> and in enforcing Lender's and Trustee's remedies as provided in paragraph 17 hereof, including, but not limited to, <br /> reasonable attorneys' fees; and (d) Bonower takes such action as Lender may reasonably require to assure that the <br /> lien of this Deed of Trust, Lender's interest in the Property and Bonower's obligation to pay the sums secured by <br /> this Deed of Trust shall continue unimpaired. Upon such payment and cure by Bonower, this Deed of Trust and the <br /> obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. <br /> 19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder, <br /> Bonower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration <br /> under pazagraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they <br /> become due and payable. <br /> Upon acceleration under patagraph 17 hereof or abandonment of the 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 <br /> collect the rents of the Property including those past due. All rents collected by Lender 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 this Deed of Trust, Lender shall request Trustee to <br /> reconvey the Property and shall sunender this Deed of Trust and all notes evidencing indebtedness secured by this <br /> Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or <br /> persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any. <br /> 21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a <br /> successor trustee to any Trustee 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 /> 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 sen o <br /> Borrower's address which is the Property Address. For <br /> ��-76(NE)Isso21 Pege 5 of 6 Inl <br /> �� <br />