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201205460 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 l�ated and 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 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 determines. Trustee may postpone sale of all or any parcel of the Pro�rty by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires imm�liate payment in full under Paragraph 9, the 5ecretaiy may invoke the nonjudicial power of sale provided in the Single Family Mortgage Fore.closure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a fore.closure commissioner designated under the Act to commence for�losure and to sell the Property as provid� in the Act. Nothing in the preceding sentence 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 shafl deliver to the purchaser Tn�st�'s deed conveying the Property. �he r�itaLs in the Trustce's dced shall be grima facie evidence of the truth of the stratements made therein. Trustee shall apply the procceds of the sale in the following order: (a) to all casts and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fecs actually incurred and reasonable attorneys' fees as permitted by Agglicable Law; (b) to ail s�ms secureci by this Security Instrument; and (c) any egcess to the persar� or persons tegally e�tattcxl' to it. 19. Reconveyance. Upon payment of a1I sums secured by this Security Instrument, Lenc�er shall rec}uest Truste.e to reconvey the Property and shall su.trender this Security Instrument and alI notes evidencing debt secv,red by this S�urity Instrument to Truste,e. Trustee shall reconvey the Properiy without warranty and without charge to the person or gersons legally entitIed to it. Such person or persoffi shall pay any recordation costs. 20. Substitute Trustee. Lender, at its option, may from time to time remove Trust� and appoint a successor truste.e to any Trustee appointed hereunder by an instrument recorded in the county i� wiuch this �curity Insm�mern is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Tn�st� herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the norices of default and sale he sent to Bonower's address which is the Property Address. 22. Riders to this Security Instrument. If one or more riders are exe.cuted by Borrower and re,corded 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 Se,curity Instnunent. [Check applicable box(es)]. � Condominium Rider 0 Growing Equiry Rider 0 Other [specify] � Planned Unit Development Rider 0 Graduated Payment Rider FHA Deed of TrusbNE 4/96 VMP � VMP4H(NE) (1109) Walters Kluwer Flnencial Sarvices Page S of 10 � : F