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�o��osi2� If the power of sale is invoked, Trust� 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 the other persons prescribecl by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the lughest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trust� determines. Trustce may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its design� may purchase the Property at any sale. If the Lender's interest in this S�urity Instrument is held by the Secretary and the 5ecretary requires immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage For�losure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nottdng in the preceding sentence shall deprive the S�retary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. Upon r�eipt of payment of the price bid, Trustee shall deliver to the purchaser Trust�'s dced conveying the Property. The r�itals in the Trustee's dced shall be prima 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 tttis 5ecurity Instrument; and (c) any excess to the person or persons legally entitled to it. 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and sha11 surrender this Security Instrument and a11 notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordarion costs. 20. Substitute Trustee. Lender, at its option, may from time to time remove 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 sha11 succeed to all the title, power and duties confened upon Trustee herein and by applicable law. 21. Request for Notices. Bonower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22. Riders to this Security Instrument. If one or more riders are executed by Bonower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Insixument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. � Condominium Rider ❑ Growing Equity Rider ❑ Other [specify] � Planned Unit Development Rider ❑ Graduated Payment Rider FHA Deed of Trust-NE 4/96 VMP p VMP4R�NE) (1109) Woltera Kluwer Financial Servicea Page 8 of 10