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<br /> ��"` IS.Foreclosure Procedure. It Lender req�ires immedi�te pnyment in itiU under pAragraph 9, Lender raay
<br /> •+ invoke the powcr ot sale and any other remed[es permitt�d by applicnble IAw.I.ender shall be entitled to collect -
<br /> - - � not llmltetl tn, �'.��
<br /> •• all expenses Incurral in pureuing the ranedies unacr tnis ps�n�grn�r� lo, includtag, 5ut �;
<br /> reasonable A�torneye'[eea and costs of title evldence. � -
<br /> • "'y� Id the power ot ss�le Is invoked�Tn�stee stwil record a nodce of detpWt in each county in whick any part ot __
<br /> • �'� the Property i� �oc�►ted and ehall mall copies oi such notice in the mAnner prescribed by applicable lAw to _
<br /> • �� l(c�blt Isw. After the time required by applic�ble law, °
<br />- ,• Borrower aad to the other persons prescribed by app --
<br /> Tn�stee s1wd1 give public notice ot s�le to the pensons and In the manner prescribed by appltcable law.Trusta, �,_
<br /> , �• wtthout daawnd oa Borrower� slu�ll sell the Property at publtc Auctlon to the highest bidder at the t[me �nd _—
<br /> place and unde�the terms designated tn the notice ot sale in one or more parcels and in any drder Trustee
<br /> ' determines.Trwtes may postpone sate of all or aay parcel o[the 1'roperty by public announcetuent a4 the time ��-
<br /> � � aad place oi auy previously scheduled sale.I.eader or its deslgnee may pwrc6ase the Property at any sale. `¢
<br /> V the Lender's interesi in this Secur[ty Instrument is held by the Secretary and the Secretary requires �
<br /> ,� [mmediate pAyment ia [ull uader ParagrAph 9. the Secretary m�y invoke the noq(udiclal power of sale �_-
<br /> provided In the Single Fomtly Mortsage Foreclosure Act oi 1994("Act")(12 U.S.C.3751 et s�q.)by requesting -t'=-
<br />_•• • � a [oreclosure commissioner designAted under the Act to commence toreclosure aad to sell the Property as t,;_-
<br /> . �'1 provtded in the Act. Notl�ing in the preceding sentenee s6n11 deprive the Secretary oi say rights otherwlse k'�-.
<br /> ` � avella6le to a Lender under this Paragraph 18 or appUcable law.
<br /> , Upon recetpt oi pAyment of the prlce bid,Trustee shall delivee to the purcbaser Trustee's deed conv�eying ^
<br />"' • � the Property. The rec[tals in the Trustee's deed shall be prima[acie evidence oi the truth of the statements _
<br /> made therein.Trustee shall appiy the proceeds oi the sale In the following order:(a)to all costs and expenses of -
<br />_ . exerctsing the power of scile,and the sale,Including the payment of the Trusiee'n�a�ue::+Al1Y facurr�+�°L t�
<br />-� exceed f 1 ve %o[the principAl amount of the note st tht time of the deciAratton of detault,
<br />- • and reassonable attoraeys' fees as permitted by law; (b)to all suma secured by this Securlty Iastrument;and(c)
<br /> 0
<br /> � � any excess to the person or persons tegally eatitled to tt. -
<br />_y. .?
<br /> � ' 19.Reconveyance.Upon payment of all sums secured by this Securiry Instrument,Lender s6a11 request Truatee
<br />-- to reconvey the Property aad shall surrender this Securlry Instrument and all notcs evldencing debt secured by this
<br />�- . Security Instrument to Trustee. Trustee shall reconvey ihe Property without warranty and without charge to the
<br /> _ � `�:ti person or persons legally entttled to it.Such person or persons shall pay any recordallon costs.
<br /> - ' •� °- 20. �ubstitute Trustee.L.ender, at i[s option, may trom time to tima remove Trustee and appoint a successor
<br />' "����'� ��_�. trustee to any Trustee appointed bereunder by an.instrument recorded in the counry in which this 5ecuriry Instrument
<br /> ' h is recorded.Wlthout conveyance of the Property,the successor trustee shall succeccl to all the title, power and duties
<br /> "" :' t confencd upon Trustee herein and by applicable law. _
<br /> - 21.Request tox Notices.Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br /> ` address which is the Property Address. ,_;`
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<br /> ' 22.Riders to this Security Instrument. If one or more riders are executcd by Borrower and recorded together �.
<br />- i�' with this Security Instmment, the covenants of each such rider shall be incoiporated into and shall amend and �
<br /> supplement the covenants and agreements of this Securiry Instrument as if the rider(s) were a part of this Security _
<br /> ' Instrument.[Check applicable box(es)]. ❑ Other s ►
<br /> � Condominium Rider 0 Growiug Equiry Rider I 1�$'l _ °•
<br /> • � Planned Unit Development Rider � Graduated Payment Rider -
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