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payment and cure by Borrower, .this Deed of Trust and the obligations secured hereby will remain in full force and effect as if no acceleration had occurred. 24. Assignment of Rents; Appointment of Receiver, the Agency in Possession. Upon acceleration under Paragraph 22 hereof or abandonment of the Property, the Agency (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property (if any) including those past due. All rents collected by the Agency or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents including, but not limited to, receiver's fees, premiums on receiver's bonds, and reasonable attorney's fees, and then to the sums secured by this Security Instrument. The Agency and the receiver shall be liable to account only for those rents actually received. The provisions of this paragraph and Paragraph 22 shall operate subject to the claims of prior lien holders. 25. Reconveyance. Upon payment of all sums secured by this Deed of Trust, the Agency wi I I request Trustee to reconvey the Security and will surrender this Deed of Trust and the Note to Trustee. Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any. 26. Substitute Trustee. The Agency, at the Agency's option and upon providing written notice to the First Lender, may from time to time remove the Trustee and appoint a successor trustee to any Trustee appointed hereunder. The successor trustee will succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law. 27. Superiority of First and Second Lenders Documents. Notwithstanding any provision herein, this Deed of Trust shall not diminish or affect the rights of the First Lender under the First Lender Deed of Trust or any subsequent First Lender Deed of Trust hereafter recorded against the Deed of Trust. 28. Use of Property. Borrower shall not permit or suffer the use of any of the Property for any purpose other than as a single family residential dwelling. 29. Transfer Qf the Property; Assum tin . If all or any part of the Property or an interest therein is sold or transferred by Borrower without the Agency's prior written consent, the Agency may, at the Agency's option, declare all the sums secured by this Security Instrument to be immediately due and payable. If the Agency exercises such option to accelerate, the Agency shall mail Borrower notice of acceleration in accordance with Paragraph 22 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. if Borrower fails to pay such sums prior to the expiration of such period, the Agency may without further notice demand on Borrower, involve any remedies permitted by Paragraph 22 above hereof. 30. Borrower's Com. Borrower shall be given a conformed copy of the Note and this Security Instrument. IN WITNESS WHEREOF, Borrower has executed this Deed Of Trust as of the date first written above and by so doing, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument. L-�z Borrower Co -borrower IIIll'Rlllllnll�lllllllillllllilll '":m'=�0'a"� Redwood City First Time Homebuyer Silent Loan Program Deed of Trust April 23, 2000 Page 7