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20120366� If the power of sale is invoked, Trustee shall record a notice of defanit in each connty in which any part of the Progerty is located and shall mail copi� of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable Iaw. After the time required b� applieable law, Ttustee shall give public nohce of �le to the persons �nd in the manner prescribed by applicable law. Truetee, withont demand on Borrower, shall sell the Property at pablic anction to the highest bidder at the time and place and under the terms designated in the notice of sale ia oae or more parcels and in any order Trustee determin�. Trustee may pastpone sale of all or any parcel of the Property b, pnblic announeement at the time and place of any previously schalnled sale. Lender or its deaignee may purchase the Progerty at any s�le. If the Lender's interest in this Secarity Instrument is held by the Secretary and the Secretary reqnires immediate payment in fnll under Paragr�ph 9, the Secretary may invoke the noqjudicial gower of sale prn�ided in the Single Family Mortgage For�losure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a for�losnre commissioner designated nnder the Act to commence forecl�nre ead to sell the Property as prnvided in the Act. Nothing in the pr�eding sentence shall deprive the 5ecretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trastee ahall deliver to the pnrchaser Trastce's de� conveying the Property. The recitals in the Trastce's deed shall be prima facie evideace of the truth of the statements made therein. Trastee shall apply the proceeds of the sale in the following order. (a) to all c�sts and e8penses of ezercising the power of sale, and the sale, including the payment of the Trostce's fexs actually incurred, not to exceed 5. 0 0 0% of the principal amonnt of the note at the time of the decl�ration of defanit, and reasonable attorneys' fces as permitted by law; (b) to all sams s�uted by this Secarity Instrament; and (c) any egcess to the person or persons legally entitled to it. 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall re�uest 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 entid� to it. Such person or persons shall pay any recordation costs. 20. Substltute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor isustee to any Trustee appointed hereunder by an instrument recorded in the county in wiuch this Security Tn. �me_n_t yq lCCOi� Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferreci upon Trustee herein and by applicable law. 27 . 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 thls 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. [Che�k applicable box(es)]. ❑ Condominium Rider � Growing Equity Rider � Other [specifYl � Planned Unit Development Rider Graduated Fayment Rider Lega 1 Atta ched FHA Mortgage WITH MERSNE VMP � �i i��iiiuoi ii iiimi�iii Uiiiiimim g03306972140 0233 366 0850 aewsed ase am�,aod �roa VMP4N(NE) (11061.00 Paga 8 of 10