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201210800 lf the po�4 er af sale is in��oked,Trustee shall recard a notice af default in each county in which anp part of thc Property is lacatetl and shall roail copies of such nutice in the manner prescribed by applicalile la�v to Sorrow�er and to the other persons prescribed bv applicable law.After the time rcquircd b� appiicablc law,TrusteC shall give public noticc of sttle to the persons and in lhe manner prescribed by :tpplicable lxw. Trustee,without demand on Borrower,shall sell the Property at public auction to the highest bidder at the time and place and under the terms designaLed in the notice ol'sale in one or more parcels xnd in any order Trustee determines. Trustee may postpone sale ctf all or any parcel of the Property bv public announcement at the time and place of any previously scheduled sale. Lender ar its designee may purchase the Propert�at an��sale. If the Lender's interest in this Security Instrument is held by the Secretar_y and the Secretary requires immediate pa��ment in f'ull under Patragr:tph 9,the Secretary ma� invoke the nonjudicial power of sale provided i�i the Single Flmily Mortgage Foi•edosureAM of 1994 ("Act^)(12 U.S.C. 3751 e[e�eq.)by requestin�a foreclosure commissioner designated under the Act to cammence foreclosure and to sell the Property as provided in the Act.Nothing in the precedin�;sentence shall deprive the Secretary of any ri�hts othen��ise available to a I.ender under this Parlgraph 18 or applicable law. Upon receipt of pa�-ment of t6e price bid,Trustee shall deliver to the purchaser Trustee's deed con��c,ying thc Propert,y. The recitals in the Trustec's deed sh�ll bc prima facic evidence of the truth of the statements made therein.Trustee shtill apply the proceeds of the sale in the follo�ving ordei•: (a)to all costs and expenses af esei•cisin�the power of sale,and the sale,including the payment af the Trustee's fees actually incurred,not to eaceed .000 �/„�[the principal amount of the note at the time of the declaration of default,and reasonable attorneys'fees as permitted by law; (b)to all sums secured by this Security Instrument; and(c)an��excess to the person or persons lefially entitled to it. 19. Reconveyance.Upon pay menr.of all sums secured by this Security Instrument, Lender shall request Tnistee to reconvey ttie Property and shaIl surrender ttus Securit� lnsiruinent and all notes evidenciug debt secured by this Security Tnstrument to Tnxstee. Tn�stee shalt reconvey the Property without wam.mty and withoui charge La the person or persons le�ally culiLled to it. Such persou or persons shall pav airy rccordation costs. 20. Substitute Trustee.Lender, at its oplion, may from time to time remove Trustee and appoint a successor trustee to�ny Tnistee appointed liereundcr b��an instrument recorded in tlie count4 in t�-hich this Securit� Instrutnent is recorded. Without come��ance of the Propert�-, Lhe successor trustee shall succeed to all the titte, po`�er and du�.ies conferred upon Tnistee herein and by applicable law. 21. Requestfor Notices.Borrower requests that copies of the notices of default and sale be seut to Borrowers address which is the Propertu Address. 22. Ridersto this Security Instrument.If one or more riders are esecuted by Borrower and recorded togcthcr with this Security Instrument,the covenants of each snch rider shall be incorporated inio and shall amend and supplement the covenants and�greemcnts of this Security Instrument as if the rider(s)��ere a part of this Security Instruxnent. [Check applicable boa(es)]. 0 Condoininium Rider 0 Growing Eqtuty Rider 0 Other[specify] 0 Plamied Unit Develop�nent Rider � Graduated Pa}�ment Rider FHA peed of TrusLNE 4J96 VMP<^% VMP4R(NE){t105).00 Wolters Kluwer�inancial Services Page 8 of�O