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��04�80 If the power of sale is invoked, Trastee shall record a notice of default in esch connty in wluch 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 gersons prescribed by applicable law. After the time reqnired by applicable law, Trustee shall give public notice of sale to the getsons and in the manner prescribed by applicable law. Trnstee, without demand on Borrower, shall sell the Property at public suction to the highest bidder at the time and place and nnder the terms designated in the notice of sale in one or more parcels and in any order Trastee determines. Trastee may postpone sale of all or any parcel of the Property by public annonncement at the time and place of any previously schednled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Secnrity Instrument is held by the Secretary and the Secretary reqnires immediate payment in fnll under Paragraph 9, the Secretary may inooke the non,judicial power of sale pro�ided in the Single Family Mortgage Fore.closure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Ac� Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender nnder this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed con�eying the Progerty. The recitals in the Trustee's deed shall be prima facie evidence of the trnth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expens� of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exceed . 000 % of the principal amonnt of the note at the time of the declaration of defanit, and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Secnrity Instrument; and (c) any excess to the person or persons legally entitled to it. 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entifled to it. Such person or persons shall pay auy recordation costs. 20. 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 recorded. Without conveyance of the Properly, the successor trustee shall succeed to all the tifle, power and duties conferred upon Trustee herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Progerty Address. 22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement th� covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. 0 Condominium Rider � Growing Equity Rider � Other [specify] 0 Planned Unit Development Rider 0 Gra.duated Payment Rider FHA Deed of Trus4NE 4/88 �P � VMP4RINEi (11061.00 Walters Kluwar Financlal Sarvicea Page B of 10