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. 98--.i��4sss <br /> 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may <br /> invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect <br /> all expenses incurred in pursuing the remedies under this paragrap6 18,including;but not limited to,reasonable <br /> attorneys' fees and costs of title evidence. <br /> If the power of sale is invoked,Trustee shall record a notice of default in each county in which any part of <br /> the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to <br /> Borrower and to the ot6er persons prescribed by applicable law. After the time required by applicable law, <br /> ,�.,.;....... ..�.. .. <br /> Trnstee shall give p bl�c no�i� ot`s�ak�t�;tli�;�er�aps and in the manner prescribed by applicable law. Trustee, <br /> without demand on orrower,9hall selt the.�'t�ope at public auction to the highest bidder at the time and place <br /> and under the term desi�uafed�ia�the'notice�ot sa�in one or more parcels and in any order Trustee determines. <br /> Trustee may postpone sate of all or`any parcel bf the Property by pubhc announcement at the time and place of <br /> any previously scheduled sale.Lender or its designee may purchase the Property at sny sale. <br /> If t6e Lender's interest in this Security Instrument ia held by the Secretary and the Secretary requires <br /> immediate payment in full under Paragraph 9,t6e Secretary may invoke the non�judicial power of sale provided <br /> in the Single Family Mortgage Foreclosure Act ot 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a <br /> foreclosure commissioner designated under the Act to rnmmence foreclosure and to sell the Property as <br /> provided in the Act. Not6ing in the preceding sentence shall deprlve the Secretary of any rights otherwise <br /> available to a Lender under this Paragraph 18 or applicable law. <br /> L�pon receipt of payment of t6e price bid,Trustee shall deliver to the purchaser Trustee's deed conveying <br /> the Property.The recitals in t6e Trustee's deed shall be prima facie evidence of the truth of the statements made <br /> therein. Trustee s6alt apply the proceeds of the sale in the fotlowing order: (a) to all costs and expenses of <br /> exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to <br /> exceed 3.o 0 0 9b of the principal amount of the note at the time of the declaration of default, <br /> and reasonable attorneys' fees as permitted by law; (b)to all sums secured by this Security Instrument; and (c) <br /> any excess to the person or persons legally entitled to it. <br /> 19.Reconveyance.Upon payment of all sums secured by this Security Instrument,Lender shall request Trustee to <br /> reconvey the Property and shall surrender this Security Inswment and all notes evidencing debt secured by this Security <br /> Instrument to Trustee.Trustee shall reconvey the Property without warranty and without charge to the person or persons <br /> legally entided to it Such person or persons shall pay any recordation costs. <br /> 20. Substitute Trustee. Lender, at its opdon, may from time to time remove Trustee and appoint a successor <br /> trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is <br /> recorded. Without conveyance of the Property, the successor wstee shall succeed to all the title, power and duties <br /> conferred upon Trustee herein and by applicable law. <br /> 21. Request for Notices. Bonower requests that copies of the nodces of default and sale be sent to Bonower's <br /> address which is the Ptoperty Address. <br /> 22. Riders to this Security Instrument. If one or more riders aze exe�uted by Borrower and recorded together <br /> with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and <br /> supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br /> Inswmen� [Check applicable boz(es)]. <br /> 0 Condominium Rider 0 Growing Equity Rider � Other[specify] <br /> � Planned Unit Development Rider � Graduated Payment Rider <br /> �-4R(NE)�aeoa�.oi Paps 7 of 8. <br /> � Initlals: <br /> � � ,.��,�h � . � <br />