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20]203502 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 unit 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 Bre 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 salt, Ir 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 ForeelosurcAct of 1994 ("Act")(12 TT-S.C. 3751 e[ seq_) by requesting a foreclosure commissinner designated under the Act to commence foreclosure and to sell the Prrmerty, as provided in for Art_ Natliina in th. n —nna mntv.... ehnll dnnri.r. thv q— r,'nry .,f ___._I __ ___ rre.___...e ________ ....__ __�._. ; .._ any rights other Wise available to a Lender ander this Paragraph 18 or applicable law. Upon receipt of payment of the prier hid, Trustee shall deliver to the purchaser Trustee's deed conveying the Properly. 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 exercising the power of sale, and the sale, including the payment of the Trustee's fees actually inem red, not to exceed . 000 % of the principal amount of the note al the time of the declaration of default, and reasonable attorneys' fees as permitted by law; (b) in all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 19. Reconveyanee.Upon payment of all hums secured by this Security Instrument, Lender shat] request Trust. to rceonvey The Property mud shall aumeudor dtis Savrily Instacare t and all nulcs evil twine debt secured by this Security hnstrwnent to 'Trustee. Trustee shall reennvey the Property without warranty and without charge to theperson or pzrsnns legally entitled to it. Such person or persons shall pay any rccnrdaliun costs. 20. Substitute Trustee. Lender, at irs old ion, may from lime to lime remove Irustw and appoint a successor tmstec In any Trustee appointed hereunder by ;in in.stnrmenI reenrded in the county in which this Sceurily lustnuncnt is recorded. Without conveyance of the Proputy, tbu successor lru:tw sliall 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 sent to Borrowcr's address which is the Properly Address. 22. Ridersto this Security Instrument. If one or more riders are executed by Bom)wcr and reenrded together with this Security Instmtuenl, the covenants of each such rider sliall be incorporated into and shall amend and supplement the covenants Lind agreements offl is Security Instrument as if the riders) were a part of this Security Instrument. Chccla applicable boxles))_ ❑ Condominium Rider 0 Growing Equity Rider Other [specify] 0 Planned Unit Development Rider [A Graduated Paytorm Rider FFnreed or rrua foE use VrdP u ',✓dPaRiNR M m5100 W nllim Kluwer Finenmi l Ser— -Page 0 o! 10