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20120335� If the power of sale is invoked, Trustee shall record a notice of defanit in each county in wluch any part of the Property is located and shall mail copies of such noti¢e in the manner prescribed by applicable law to Borrower and to the other �ersons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the gersons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at pnblic suction 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 determin�. Trustee may postpone sale oF all or any parcel of the Property by public announcement at the time and place of any previously schednled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Secnrity Instrument is held by the Secretaiy and the Secretary requires immediate payment in full under Paragraph 9, the Secretary may invoke the noqjudicial 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 foreclosnre and to sell the Property as provided in the Act, Notlung in the preceding sentence shall deprive the Secretary of any rights otherwise a�silable to a Lender under this Paragraph 18 or applicable law. Upon receipt of pa,yment of the price bid, Trastee shall deliver to the purchaser Trnstee's deed conveying the Property. The recitals in the Trnstee's deed shall be prima facie eoidence of the trath of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exerc'�� the power of sale, and the sale, inclnding the payment of the Trnstee's fees actually incurred, not to exceed . 0 0 0% of the principal amonnt of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c) any exce,as to the person or persons legally entitled to it. 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Properiy without warranty and without charge to the person or persons legally entifled 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 Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applica.ble law. 21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Properly Address. 22. Riders to this Security 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 Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. 0 Condominium Rider � Growing Equity Rider � Other [specify] 0 Planned Unit Development Rider � Graduated Payment Rider FHA Deed of Trust-NE 4/96 VMP � VMP4RINE) (11061.00 WoPoere Kluwar Pinancial Sarvicas Page 8 of 10