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20120605� 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 sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. Tha rec;itals in the Trustee's deed shall be priana 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 incurred and reasonable attorneys' fces as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Securlty Instrument and all notes evidencing debt secured by this Security Inshvment to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third parly (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. 24. Substitute Trustee. Lender, at its option, may from time to time reraove 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 confened upon Trustee herein and by Appflcable Law. 25. Request for Notices. Bonower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property Address. [ THIS SPACE LEFT INTENTIONALLY BLANK ] �BRA$K/� — Single Fa�Wly -- Famia MadFraddia Mae U1�IFORM INSfAUMLNT Form 3028 ll01 GCC - G3028-17 (09/01) (Page 17 of19) Initials: _ l � `�