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2012G�36� <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any <br />part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />applicable law to Borrower and to the other gersons prescribed by applicable law. After the time <br />required by applicable law, Trustee shall give public notice of sale to the �rsons and in the manner <br />prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Progerty at public <br />auction to the highest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may purchase the Property at any sale. <br />If the Lender's interest in this Security Instrument is held by the 5ecretary and the Secretary requires <br />immediate payment in full under Paragraph 9, the Secr�tary may invoke the nonjudicial power of sale <br />provided in the Single Family Mortgage For�losure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by °" <br />" � requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell "� <br />the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of <br />any rights otherwise available to a Lender under this Paragraph 18 or applicable law. <br />Upon ►�eipt of payment of the price bid, Tn�stee shall deliver to �he purchaser Tn�tee's d�l <br />conveying the Property. Ti�e r�itaLs in the Trustee's deed shall be prima facie evidenee of t�e truth of <br />the stateme�ts made therein. Tnistee shall apgty the proceeds of the sale in the foIIowing order: (a) to <br />all costs and expenses of exercising the power of sale, and t�e sa�e, includinrg the payment of the <br />Tr�stee's fees actua}�y imcurred and rea,sonable attomeys' f�s �s permitted by Applicable I.aw; (b) to <br />all su�ms sec�red by this Sec�rity iffitrument; and (c) any �scess to tbe person or persons le�ally <br />entitZed to i� <br />19. Reconveyance. Upon payment of aIl sums secured by this Security instr�_�++, Lender shall request ° <br />TnLStee to reconvey the Progerty and shall sunender this Secu,rity Instrument and alI notes evideacing debt <br />secured by this Security Insmiment to Trustee. Truste,e shatl recoavey the Property without warranty anc� <br />without charge to the person or persons legally enritled to it. Such person or persons shall pay any <br />recordation costs. <br />Z0. Substitute Trustee. Lender, at its oprion, may from time to time remove Trustee and appoint a su�ssor <br />trustee to any �nJSttee appointed herevnder by an instnrment re,corded in the county in whicfi this Security <br />Instrument is recarded. Without conveyance of the Property, the successor trustee shall succeed to aii the <br />ritle, power and duties confened upon Truste,e herein and by applicable law. <br />21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Bonower's <br />address which is the Property Address. <br />22. Riders to this Security Instrumerit. If one or more riders aze executed by Borrower and re,corded <br />together with this Security Insm�ment, the covenants of each such rider shall be incorporated into and shall <br />amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part <br />of this Security Instrument. [Check applicable box(es)]. <br />0 Condominium Rider � Growing Equity Rider � Other [specify] <br />� Planned Unit Development Rider 0 Graduated Payment Rider <br />FHA Deed of Trust-NE 4/98 <br />VMP � VMP4RINE) (1109) <br />Wolters Kluwer Financial Services Page 8 of 10 <br />