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201208122 <br /> If the power of sale is invoked, Trustee shall rewrd 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 otha persons prescribed by applicahle law. After the tmie <br /> required by applicable law, Trustee shall give public notice of sale to the persons and in the manner <br /> prescribed by appli�cable law. Trustee, without demand on Borrower, shall sell the Property at public <br /> suction to the highest bidder at the tmie 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 Secretary and the Secretary requires <br /> immediate payment in full under Paragraph 9, the Sectetary may invoke the nonjudicial power of sale <br /> provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by <br /> requesting a foreclosure cammissioner 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 avaIIable to a Lender under this Paragraph 18 or applicable law. <br /> Upon receipt of pa�yment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br /> conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br /> the statements madu therein. Trustce shall apply the proceeds of the sale in the following order: (a)to <br /> all costs and e�enses of �ercising the power of sale, and the sale, including the payment of the <br /> Trustee's fees actually mcurred and reasonable attorneys' fees as permitted by Applicable Law; (b�to <br /> all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br /> entitled to it. <br /> 19. Reconveyance. Upon payment of all sums secared by this Sewri[y Instrument, Lender shall request <br /> Trustee to reconvey 4he Property and shall surrender lhis Security Instrument and all notes evidencing debt <br /> secured by this Securiry Instrument to Trustee. Trustee shall reconvey the Property without warranty and <br /> without charge [o the person or persons legally entided to iL Such person or persons shall pay any <br /> recordation cosls. <br /> 20. Substitute Trustee. Lender, al its oplion, may from time ro time remove Truslee and appoint a successor <br /> trustee to any Truste� appoin[ed hereunder by an insUumen[ recorded in the county in which this Security <br /> Instrumenl is recorded. Without conveyance of the Property, the successor truslee shall succeed to all the <br /> tifle, power and duties conferred upon Trus[ee herein and by applicable law. <br /> 21. t�quest for Notic�. Borrower requests tha[ copies of the notices of default and sale be sen[to Borrower's <br /> address which is the Proper[y Address. <br /> 22. Riders to this Security Instrument. If one ur more riders are executed by Borrower and recorded <br /> together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall <br /> amend and suppleme�l the covenants and agreements of thls Security Instrument as if the rider(s) were a part <br /> of[his Security InstrumenL [Check applicable box(es)]. <br /> 0 Condominium Rider 0 Growing Equity Rider 0 Other �specifyJ <br /> � Planned Unit Development Rider � Graduated Payment Rider Schedule"A" <br /> 0011 2 31 68 9 2 6 Citibank 3.2.61.12 V4 <br /> FHA Mortgage WITH MERS�NE Revised 4/96 <br /> VMP N7 VMP4N(NEJ(t109].00 <br /> Wol[ers Kluwer Financiai 5ervices Page 8 of 10 <br />