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20�20313v If the power of sale is invoked, Trustee shall record a notice of default in each county in whic6 any part of the Property is located and shall mail copies of such notice in the maaner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee ahall give public notice of sale to the persons and in the maaner 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 aad 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 Properly at any sale. I1' t6e Lender's interest in this 5ecurity Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragrap6 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage ForeclosureAct of 1994 ("Act")(12 U.5.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Properiy as provided in the Ack Nothing in the preceding seateace shall deprive the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed coaveying 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 expenses of ezercising the power of sale, and t6e sale, including the payment of the Trustee's fees actually incurred, not to exceed . 000 % o! the principal amount of the note at the time of the declaratioa o1' default, and reasonable attoraeys' fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c) any egcess to the person or persons legally entitled to i� '19 Reconveyance payment of all sums secured by this Security Ittstntment, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instnunent to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Tntstee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor tntstee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 21. Requestfor Notices. Borrower requests that copies of the notices of default and sale be settt to Borrower's address which is the Property Address. 22 Ridersto this Secu�ity 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 the covenants and agreements of this Security Insttument as if the rider(s) were a part of this Security Instnunent. [Check applicable box(es)]. � Condominium Rider � Growing Equity Rider � Other [specify] 0 Planned Unit Development Rider � Graduated Payment Rider FHA Dead of Trust-NE 4 � VMP � VMP4R(NE) (1105).00 Wolters Kluwer Financial Services Paga 8 of'10