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201209649 18, Foreclosure Procedure. If Lender raquaes immediata payment in fall nnder paragraph 9, Lender may invoke the power of sale and any other remedies permitted by epplicable law. Lender shall be entitled to collect all expensea incurred 'm pnrsnmg the remedies under this paragraph 18, includ'mg, but not limited to, reasonable att�neys' feas and c�ts of title avidence. If the power of sale is invoked, 17ustee shall record a notice of defauk in each connty in which any pazt of the Property is located and shall mail copies of such notice in the manner prescrbed by applicable law to Borrower and to the other persona prescribed by applicable law. A8a the time requa�ed by applicable law, Trnstee shall give public notica of sale to the persons and 'm the mannet prescrbed by applicable law. Trustce, withwt demand on Borrower, shall sell the Property at public auction to the highest bidder at the time end place and under tha terma designatad in the notice of aale in one or more parcels and 'm any order Trustee detarmmes. Trnstee may poatpone sale of all or any pazcel of the Property by public announcement at the time and place of any previously scheduled sale. Lander or its designee may purchase tho Property at any sale. If tha Lender's interest in this Security Instrument is held by the Secretazy and the S�tetary requires immediate payment in full under Paragraph 9, tha 5ecretary may invoke the nonjudicial power of sale provided 'm the Single Fam�1y Mortgage Foreclosnre Act of 1994 ("Act")(12 U,S.C. 3751 et seq.)by requesting a foreclosure commissioner d�ated under the Act to commence forecloaure and to sell the Propaty as provid� in the Act. Nothmg in the pr�ed'mg sentence shall deprivo the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall delivar to the purchaser Trnstee's deed cwnveying the Propetty. The recitals in the 1Yustee's deed ahall be prmia facie evidence of the truth of the statements made thatein. Trustee shall apply the proceads of the sale m the following order: (a)to all costs and expe,nses of exercismg tha power of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exceed 0.o 0 0 % of the princ�al amount of the nate at the tima of the declaration of default, and reasonable attorneys' fees as permilted by law; (b)to all sums secured 6y this Securily Instrument; and(c) any eaccess to the person or persons legally entitled to it. 19. Reconveyance. Upon payment of all sums secured by this Security Insirument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by Uris Security Instrument [o Trustee. Trustee shall reconvey the Properly wifhout warranty and without charge [o the person or persons legally entifled to it. Such person or persons shall pay any recordaflon costs. 20. Substitute Trustee. Lender, a[ its opflon, may from time ro time remove Trustee and appoint a saccessor trustee to any Trustee appointed hereunder by an instrument recorded in the county in wlilch tktis Security Instrument is recorded. Without conveyance of the Property, [he successor trustee shall succeed[o all the tifle, power and du[ies conferred upon Trustee herein and by applicable law. 21. Request for Notic�s. Borrower reques[s [hal copies oF ihe 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 Borcower and recorded together with this Security Instrument, the covenants of each such rider shall be incorpo�ated tnto and shall amend and supplement the covenants and agreements of this Security Ins�rument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. ❑ Condominium Rider ❑ Growing Equity Rider 0 Other [specify] 0 Planned Unit Development Rider � Graduated Payment Rider 8 97 0 9 6 B 8 C7�� ir��u��'� �4N(NE)ts�z�.o� Page o of 8