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201211096 If the power of sale is iovoked, Trustee shall record a notice of default in each county in which any part of thc Proper[y is located and shall mail copies of such noGce in the manner prescribed by applicable law to Sorrowcr and to the other persons prescribed 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 applicablc law. Trustee,without demand on Borrower,shall sell the Property at public auction to the highest bidder at the timc and place and undcr the terms designated in the notice of sale in one or more parcels and in any order Trustee dc[ermines. Trustee mav postponc sale of all or any parcel of the Property bp public announcement at the time and place of any previously scheduled sale. Lender or its designec may purchase the Property at any sale. If the I.ender's interest in this Security Instrument is held by the Secretary�and the Secretary requires immediate payment in full under Paragraph 9,the Secmtary may im•oke the nonjudicial power of sale provided in thc Single Family Mortgage ForcclasureAct of 1994 ("AM")(12 U.S.C. 3751 et seg) by requcsting a Foreclosure wmmissioner designated under the Act to commence foreclasure and to sell the Prnperty as provided in the Act. Nathing in the preceding sentence shall depri�e the Secretary uf any rights otherwise a�ailable to a Lender under this Paragraph 18 or applicable law. Upon receipt of payment of the price bid,T�vstee ahall deliver tu the purchaser Trustec's deed con�eying the Proper[y. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Truetce shall apply the proceeds of the sale in the follovving order: (a)to all wsts and expenses uf exercising the power of sale,and the sale,including the paymen[of the Trustee's fees actually incurred,not to exceed .000 % of the principal amount of the note at the time of the declaration of default, and reasonable aKornc,ys' fees as permitted by law; (b)to all sums secured by t6is Security Instrument; and (c) auy excess to the person or persons legally entiUed to it 19. Reconveyance.Upon payment of all sums securedby tlns SecuriTy InstrumeM, Lender st�all request Trustee to reconvey ffic Pmpem� and stiall s�irsender tttis Security Instrument and all notes cvidencing dcbt secured by this Security Instnunent to Trustee. Trustee shall recome}� lhe Property without warranh� and without charge to thc person or persons legally cntitled to it. Such person or persons shall pay any recorcialion wsls. 20. Substitute Trustee.Lender, at its option, may from time to time remove Trustee and appoint a suceessor trustee to any Tnistce appoirned hereunder by an instrument recorded in the county in which this Securiri� instrument is recorded. Without com�eyance of the Propem�, the successor tmstce shall succced to all thc title, power and duties conferred upon Tmslee herein and by applicablc law. 21. Requestfor Notiees.Borrower requests tliat copies of the noticcs of default and sale be scnt to Boiro�ver's address which is the Property Address. 22. Ridersto this Security Instrument.If one or more riders are executedby Bonower and recorded together��th this Sccurity Instrument,the covenams of each such nder shall be incorporated into and s1�11 amend and supplement the covenants and agreemcnts of this Security Instrument as if the rider(s)werc a part of this Securiry Ins[rument. [Check applicahle box(es)]. 0 Candominium Rider 0 Growing Equity Rider � Othcr [specifyJ � Planned Uiut Development Rider 0 Graduated Payment Rider G96 FHA Deed of Tmst-NE VMP4R(NE)(1105�00 VMP 3 Page 8 cf?0 Nblters Kluwer Financisl Services