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201206728 If the power of sale is invoked,Trus[ee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to [he o[her 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 preacribed by applicable law.Trustee,without demand on Borrower, shail sell the Property at public auctlon to the highest bidder at the[ime and place and under the[erms 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 Property by public annou¢cement 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 tLis Security Instrument is held by tNe Secretary and the Secretary requires immedia[e payment in full under Paragraph 9, the Secretary may invoke the nonjudlcial power of sale provided in tbe Single Family Mortgage FareclosureAct of 1994 ("Act")(12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the AM to commence foredosure and to sell the Property as provided in the Act.Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise a��ailable to a Lender under this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property.The recitals in the Trustee's deed shall be prima facie evidence of the truth of khe statements made thereiu.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,not to exceed 5.OOD% of the principal amount of the note at the time of the declaration oF default,and reasonable attorneys' fees as perroitted by law; (b)to all sums secured by this Security Instrument; and(c)any excess to the person or persons legally entitled to iG 19. Recomeyance.Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to rewnvey the Property and shall surrender this Security Instrument and all notes evideucing debt secured by this Secwity Instrument to Trustee.Tmstee shall reconvey the Property without wananty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 20. 5ubstituteTrustee.Lender, at i[s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrumeut recorded in the county in which this Security Instrumeut is recorded. Without conveyance oFthe Property,the successor trustee shali succeed to all the title,power and duties conferred upon Trustee herein and by applicable law. 21. Requestfor Notices.Bonower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22. Ridersto this Seeurity Instrument.If one or more riders aze executed by Borrower and recorded together with this Security Instrument,the covenants of each such rider shall be incorporated inW and shall amend and supplement the covenants and agreements of this Security Instniment as if the rider(s)were a part of this Security Instrument. [Check applicable box(es)]. 0 Condominium Rider � Growing Equity Rider � Ot6er[specify 0 Planned Unit Development Rider ❑ Graduated Payment Rider Legal Attache� FHA Mor�gage WITH MERS-NE Ul` L�� ReviseE 456 AmentleE 7/06 VMP� VMP4N(NE)(1105).00 Wolters Kluwer Financial Services Page 8 M 10 II I I II II'�I I�II IIII I I I III IIIIIII I I I II I I I I I I I'I'II q03309009325 0233 329 0810