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200000s �� <br /> 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may <br /> invoke the po��er of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect <br /> all expenses incurred in pursuing the remedies under this paragraph 18, including, but not limited to, <br /> reasonable attorne��s' fees and costs of title e��idence. <br /> If the power of sale is im�oked, Trustee shall record a notice of default in each count}� in which any part of <br /> the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to <br /> Borrower and to the other persons prescribed by applicable law. After the time required by applicable !a«�, <br /> Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, <br /> ���ithout demand on Borro�ti�er, shall sell the Property at public auction to the highest bidder at the time and <br /> place and under the terms.d�ign�,ted.,.l.g,,,j,kt,�„�,q� of sale in one or more parcels and in any order Trustee <br /> determines. Trustee may pqstpotl�s�i�e��1 1�7�f'��arcel of the Property by public announcement at the time <br /> and place of any previously sche�ulee��� 'G�ih^�'"e�o�its designee may purchase the Property at any sale. <br /> If the Lenders inte�est�in f�is''�'ect�t`�t�'`���'��'C�ment is held by the Secretary and the Secretary requires <br /> immediate pa}�ment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale <br /> pro��ided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting <br /> a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as <br /> pro��ided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise <br /> a��ailable to a Lender under this Paragraph 18 or applicable la��. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conve3�ing <br /> the Propert��. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br /> made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of <br /> exercising the poa�er of sale, and the sale, including the pa3�ment of the Trustee's fees actually incurred, not to <br /> exceed % of the principal amount of the note at the time of the declaration of default, <br /> and reasonable attorne��s' fees as permitted b}� la��; (b) to all sums secured by this Security Instrument; and (c) <br /> an�� excess to the person or persons legall�� entitled to it. <br /> 19. Reconve��ance. Upon payment of all sums secured by this Security Instrument, Lender shal] request Trustee <br /> to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br /> Security Instrument to Trustee. Trustee shall reconvey the Propercy without warranty and without charge to the <br /> person or persons le�all�� entitled to it. Such person or persons shall pay any recordation costs. <br /> 20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br /> trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument <br /> is recorded. Without conve��ance of the Property, the successor trustee shall succeed to all the title, power and duties <br /> conferred upon Trustee herein and b�� applicable law. <br /> 21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br /> address which is the Property Address. <br /> , , <br /> 22. Riders to this Securit�� Instrument. If one or more riders are executed by Borrower and recorded together <br /> with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and <br /> supplement the co��enants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br /> Instrument. [Check applicable box(es)]. <br /> ❑ Condominium Rider � Growing Equit�� Rider � Other �specifi�] <br /> ❑ Planned linit De��elopment Rider � Graduated Pa��ment Rider <br /> �-4R(NE)�seoai.os Page�of a <br /> � Initials: <br /> � i . • <br /> . . ' , ., . . � , <br /> / <br />