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201204820 If the power of sale is invoked, Trastee shall record a notice of defanit in each county in wWch any part of the Property is located and shall mail copiea o1' anch notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time reqnired by applicable law, Trastee shall give public notice o1' sale to the persons and in the manner prescribed by applicable law. Trastee, withont demand on Borrower, shall sell the Property at public anction to the Wghest bidder at the time and place and under the terms designated in the notice o1' sale in one or more parcels and in any order Trastee determines. Trastee may postpone sale of all or any parcel of the Property by pnblic annoancement at the time and place os any previously schednled sale. Lender or its designee may pnrchase the Property at any sale. If the Lender's interest in this Secnrity Instrament is held by the Secretary and the Secretary requires immediate payment in fnll nnder Paragraph 9, the Secretary may invoke the nonjndicial power of sale provided in the Single Family Mortgage ForeclosnreAct of 1994 ("Act")(12 U.S.C. 3751 et seq.) by reqnesting a foreclosnre commissioner designated nnder the Act to commence foreclosnre 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 nnder this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trastee's deed conveying the Property. The recitals in the Trastee's deed ahall be prima facie evidence of the truth of the statements made therein. Trastee shall apply the proceeds of the sale in the following order: (a) to all costs and espensea of eaercising the power of sale, and the sale, including the payment of the Trustee's fees actaally inenrred, not to ezceed . 000 % of the principal amount of the note at the tame of the declaration of default, and reasonable attorneys' fees as permitted by law; (b) to all snms secnred by this Security Instrument; and (c) any escess to the person or persons legally entitled to it 19. Reconveyance.Upon payment of all sums secured by this Security Instnunent, Lender shall request Tntstee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secuted by this Security Instrument 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. SubstituteTlvstee. Lender, at its option, may from time to time remove Tntstee and appoint a successor trustee to any Trustee appointed hereunder by an instnunent recorded in the county in which this Security Insttument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferted upon Tnistee herein and by applicable law. 21. Requestfor Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22 Ridersto 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 Inslrument. [Check applicable box(es)]. 0 Condominium Rider 0 Growing Equity Rider � Other [specify] 0 Planned Unit Development Rider � Graduated Payment Rider FHA Deed of Trust-NE 4 � VMP 0 VMP4R(NE) (11Q6).00 Wolteis Kluwer Financial Services Pege 8 of 10