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,�,.., �I�°6��i�: �.Q 20�2�3Y�; �01106254 , • 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all ezpenses incurred in pursuing the remedies under tlus paragraph 18, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which 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 persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, 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 interest 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 a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender under t}us Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee'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 proceeds of the sale in the following order: (a) to all costs and egpenses of egercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to egceed 0. 000 % of the principal amount of the note at the time of the declaration of default, and reasonable attomeys' fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c) any ezcess to the person or persons legally entitled to it. 19. Reconveyance. Upon payment of all swns secured by this Security Instrument, Lender sha11 request Trustee to re�convey the Properly and shall surrender this Security Instnxment and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without chazge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Z0. Substitute Trustee. Lender, at its option, may from rime to time remove Trust� and appoint a successor tivstee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Insh ument is re,corded. Without conveyance of the Property, the successor trustee sha11 succced to all the title, power and duties conferred upon Trust� herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the norices of default and sale be sent to Borrower's address which is the Property Address. 22. Riders to tlus Security Instrument. If one or more riders are executed by Bonower and recorded together with this Security Instrument, the covenants of each such rider sha11 be incorporated into and sha11 amend and supplement the covenants and agreements of this Security Insnwnent as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. 0 Condominium Rider 0 Growing Equity Rider � Other [specify] 0 Planned Unit Development Rider 0 Graduated Payment Rider FHA HUD Mortgage Addendum 11- 6-000164 Initials: �-4N(NE) �oao�> Page 7 of 8 �