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2012062�� If the power of sale is invoked, Trastee shaII record s notice of defanit in each coanty in whicL any part of the Properly ia located and shall mail copies of snch notice in the manner prescrlbed by appllcable law to Borrower and to the other persons pr�crlbed by applicable law. After the tlme r�nired by applicable law, Trastee ahall glve pnbflc noHce of sale to the persons and in the manner prescrlbed by applicable law. Trastee, wlthont demand on Borrower, shall sell the Property at pnbl�c anctlon to the highest bidder at the tlme and place and nnder the terms designated in the notice of sale in one or more parcels and in any order Trastee determines. Trustee may postpone sale of all or any parcel of the Property by pnblic annunncement at the time and place of any previonsly scheduled sale. Lender or it� designee may pnrchase the Property at any sale. If the Lender's interest in this Secnrlty Instrnment is held by the Secretary and the Secretary requires imm�iate payment in fnll nnder Paragraph 9, the Secretary may invoke the nonjudicial power of sale provlde,cl in the 5ingle Family Mortgage Forecloanre Act of 1994 ("Act'� (12 U.S.C. 3751 d seq.) by reqnesting a foreclosnre commissioner deslgnated nnder the Act to commence foreclosnre and to sell the Progerty as provided in the Ac� Nothing in the pr�ng sentence shall deprlve the Secretary of any rights otherwise available to a Lender nnder this Paragraph 18 or appHcable law. Upon receipt of payment of the price bid, Ttastee shall delfver to the pnrchaser Trastee's dee[i conveying the Property. The recitals in the Trustee's deed shall be prima fade evidence of the truth of the statements made therein. Trustee ahall apply the proc�s of the sale in the following urder: (a) to all coats and egpenses of ezercising the power of sale, and the sale, including the payment of the Trnstee's fees actaally incurred, not to ezce� 5% of the prindpal amount of the note at the time of the declaraHon of defanit, and reasonable attorneys' f�s as permitt� by law; (b) to all snms s�nte� by this Securlty �nstrument; and (c) any ezcess to the person or persona legally entitl� to it 19. R,aconveyance. UP� PaY�t of all suma secured by t�is Sacurity Inslru�nent, Lender shall request Truste,e to reconvey the Properiy and shall surrender this Security Instrument and all notes evidencing debt s�ured by this Security Instrument to Trust�. Trustee ahall reconvey the Property without warranty and without chazge to the person or persons legally entitled to it Such p�son or persons shall pay �y recordation costs. 20. Substitute Trust�. Lender, at its option, may from time to time remuve Tn�ste,e and appoint a successor trustee to any Tn�st� appointed hereunder by an instrument recorded in the coimty in wluch this Security Instrument is recorded. Without convayance of the Properiy, the successor trust� sha11 siuxzed to all the title, power and d�rties conferred upon Trustee herein and by applicable law. 21. Requ�t for Notic�. Borrower requests that copies of tha notices of default and sale be sent to Borrower's address which is the Property Address. 22. Riders to this S�curity Instrumerrt. If one or �re riders are executed by Borrower and recorded together with tlris Security Inshvment, the covenants of each auch rider sha11 be incorporated into aud ahall a�end and supplement the covenants and agreements of this Security Ins�ent as if the rider(s) were a part of this S�rity Instrument. [Check applicable box(es)]. 0 Condominium Rider 0 Growing EquitY Rider � Other [�fYl 0 Planned Unit Development Rider 0 G�aduat� Payment Rider 2200233183 D V4NNE FHA Mortgage WITH MEFt3-NE Revfsed 4/88 Amended 7I04 �/[Np � VMP4N�NE) (1106) Woit�a Kluwer �p�d Servkss Page B of 70 �� � ��