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�012o2os� If the power of sale is invoked, Trustee shall r�ord a notice of default in each county in w}uch any part of the Property is located and shall mail copies of such notice in the manner prescrihed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustce shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trust�, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's inter�t in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting s foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the pr�eding sentence shall deprive the Secretary of any rights otherwi.Se available to a Lender under this Paragraph 18 or applicable law. �Tpon receipt of payment of the price bid, Trust� shall deliver to the purchaser Tnistee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the praxeds of the sale in the following order: (a) to all costs and expen,ses of ezercising the power of sale, and the sale, including the payment of the Tre�stee's fces actuai�y ieice�rred and reasonable attomeys' fees as permitted by Applicable Law; (b) to all su�s seeureel by �his S��rety Instrument; and (e} any excess to t�e person or persans legaliy e�titted Eo it. 't 9. Fteconveyan�e. �Tpo� payment of all sums secured by this Security Instrument, Lender sha11 request Truste�e to reconvey the Praperiy and shall sarrender this Security Instrument and all notes evidencing debt s�ure� by t.�tis �urity Instrumeist to Tn�stee. Trust� shail r�onvey the Property without warranty and without charge to the person or persons legatly entitled to it. Such person or persons shall pay any recordarion costs. 20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor crast� to any Trustce appointed hereun�er by an instrument r�ordect in the cowity in which this Security 1'nstnxment is recorded. �ithout conveyance of the Property, the successor trustee shall succeed to alI the titte, power and d�uties conferred upon Trustee herein and by applicable law. 21. Request for Wotices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22. Riders to this Security Instrument. If one or more riders aze ex�uted by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agresments of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. � Condominium Rider � Growing Equity Rider � Other [specify] � Planned Unit Development Rider � Graduated Payment Rider FHA Deed of Trust-NE 4/96 VMP � VMP4RINE) (1109) Wolters Kluwer Financial Servic� Page 8 of 10 . y