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201201528 <br /> If the power of sale is imvoked,'1'�•ustee sl➢a19 recnrd a notice of detaul4 in each coun4,y in rvEaich any <br /> part of the Property is located aud shall�ail eopies of such notice in the mamner prescrebed by <br /> applicaF�le fa�v 4o Borao�ver and lo Ql�e other persoos prescribed by applica6le law.�After the time <br /> required by applicabte law,'fl'rustee sha71 give public notice of sale to the persons and in the manner <br /> prescribed by applicable law.Tr¢stee,cvfithout demand om Borrower,shall sell tbe Property at puUlie <br /> avction to the highest bidder nt the tinee amd place and under the terms designated"an the notice of sale <br /> im one or more parcels ant9 in any ordes'�'rustee detea-miues.Trustee may postpone sale of all or any <br /> parcel uf the Property by public mron�eunccment at 4he Qime and place o1'any previously scheduled sale. <br /> Lender or its designee atay purchase the Ps•o�er�y at any sa�e. <br /> If the Lender's interest G�t6is Seceerity Instru�ent is held by the Secretary and the 5ecretary requires <br /> immediate payment in full under 9'aragr�ph 9,the Secreta�y may invoke the nonjudicial power of sale <br /> provided in tme Single FamiEy Mortgage Foreclosure Act of 1994("Act'�(12 iJ.S.(;.3751 et,seq.)by <br /> requesting a foreclosure commissio�er designated under the Act to commence foreclosure and to sell <br /> the Property as pravided in the Ac4.19Tnthing i�e the preceding sentence shaID depreve the Secretary nf <br /> any rights othenvise ava�ilab9e ta a.I.eeeder e�ndea•this Paragraph 1$or applicable law. <br /> Upan receipt of puyment oP the precc bici,'Psus4¢e slhall defliver to the pnrchaser Tr�nstee's deed <br /> conveying the Property. I'he recitaEs nn the Trustee's deed slialf be prfma f'acie evidence of 8he trutli of <br /> the statements anadc t9xerein.'$rwstee slaall apply the proceeds of the saie in the follmwing order:(a)to <br /> all costs anai expenses of exercising the power o4'sale,and ahe sale,includieag the p�yment ot'the <br /> Trnstce's€ees actually i�curred a�nd reasana6le attorneys'fees as permirted by?sppdicable Law;(b)to <br /> all snms secured by this Secnr�ty i�struacnent;aaad(c)any excess to the person or persons legally <br /> e�titled to€t. <br /> 9 9. F�econveyanc2.Upon payment ol a.11 sums secureei by lhis Security Instrument; Lender shall request <br /> Trustee to reconvey the P'roperh�and shall surrender this Security Instrument and al]notes evidencing debt <br /> securcd by lhis Security Instrument to Trustee.Tivstee shall rewnvey the Property tivithout warranly and <br /> without charge to the person ur persons leoally entitled to it. Such person or persc�ns shali pay any <br /> recordaLiun wats. <br /> 20. $ubstitute Teustee.Lender,at its option,may fiom time to time remove Trustee and appoint a successor <br /> tivstee to any'1'rustee appointcd hcrcundcr by an insirumcnl rccorded in the county in which this Security <br /> Instrumc�it is rccordcd. Without com�eyance of thc Property,tlic succcssor h�ustcc shall succeed to all the <br /> title,power and duties canCerred upon Truslee hcrcin and by applicablc law. <br /> 21. I�equest foP NotiCes.LVorrower requests that copies of the notices of default and sale be sent to Borrowcr's <br /> address which is the Property Address. <br /> 22. 9�idet5 to this Security Instrumee�t. If one or more riders are executed by Borrower and recorded <br /> together with this Security Tnstrument,the covenants of each such rider shall be incorporaled into and shall <br /> amend and supplement the covenants and agreements of this Security Instrument as if the rider(s)wcrc a part <br /> of this Security Instrument. [Check applicable box{es)]. <br /> � Condominium Rider n Growing Lquity Rider � Other[spccify� <br /> � Planned lJnit l�evelopment Rider � Graduated Payment Rider <br /> zan-iasaai� iaoo.ia�0007isie�ez e�oa <br /> FHA Mortgage WIT1 MEASNE Rtn/ised 4/'J6 <br /> VMP 7 VMP4N(NE)(1109j <br /> WoMers Kluwer Flnanr.ial Services I'egoe of 10 <br />