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s. <br />20000 7683 <br />18. Foreclosure Procedure. Xf Lender requires InUnediate payment in full under <br />invoke the power of sale and an other remedies Paragraph 9, li.ender may <br />an fte the s incurred in Y es permitted by applicable taw. Lender shall be entitled to collect <br />P ig the nmiden under this pare ph IS, incauding, but not limited to, <br />reasonable attorneys tees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any <br />the Property is located and shall mail copies of such notice in the manner Y Part of <br />Borrower and to the other persons prescribed by applicable law. After, the tiarpr�ribed by applicable ]aw to <br />Trustee shall give public notice of sale to the persons and in the required by applicable law, <br />without demand on Borrower, shall sell the Property at manner prescribed by applicable law. Trustee, <br />place and under the terms designated in the notie f sale Public <br />o� or more to the highest bidder at the time and <br />determines. Trustee maY Postpone safe of all or an parcels and in any order Trustee <br />and place of any previously scheduled sale. Lender or its designee the ma Property by pubes announcement a the time <br />I! the Lender's interest in this Security Y purchase the property at any sate. <br />ty Instrument is held b the Secretary and the <br />immediate Y requires <br />Payment in full under Paragraph 9, the Secretary <br />Provided in the Single Family Mortgage �Y invoke the ao>;judielal power of sale <br />a foreclosure rtgage Foreclosure Act of 1994 ( "Act") (12 U.S.C. 3751 et seq.) by requesting <br />commissioner designated under the Act <br />provided in the A to commence Poredomm and to sell the Property as <br />Act, Nothing in the preceding �tepce shall deprive the <br />available to a Leader ender this P Secretary of any rights otherwise <br />Upon receipt of Paragraph 18 or applicable law, <br />Payment of the price bid, Trustee shall deliver to the purchaser T'rmee's deed conveying <br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the <br />made therein. Trustee shall apply the proceeds of the sale in the following ruth °f the statements <br />exercising the power of sale, and the sale, including the a g °r'� (a) to all costs and expenses of <br />�� 0'000 % of the � P Ytmertt of the Trustee's fees actually incurrea, not to <br />and reasonable atto Frincipal amount of the note at the time of the declaration of default, <br />attorneys, fees as permitted by law; (b) to all sums secured by this security <br />any excess to the person or persons legally entitled to it. Instrument; and (c) <br />19. Reconveyance. Upon payment of all sums secu ed by this Security Instrument, Lender shall request Trustee <br />to reconvcy the Property and shall surrender this Security <br />Security Instrument to Trustee. Trustee shall Insert and all notes evidencing debt secured by this <br />person or reconvey the Property without warranty and without charge to the <br />persons legally entitled to it. Such person or persons shall pay any recordation costs. <br />20. Substitute Trustee. bender, at its option, may from time to time <br />trustee to any Trustee appointed hereunder by an instrument recorded in the remove Trustee and appoint a successor <br />is recorded. Without conveyance of the Property, the successor trustee shah! succeed to all the title, porwter and instrument <br />conferred upon Trustee herein and by 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 />22. Riders to this Security 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 covenants and agreements <br />Ins t. [Check applicable box(es)]. of this Security Instrment as if the rider(s) were a part of this Security <br />ttutneri <br />❑ Condominium Rider ❑ Growing Equity Rider <br />❑ Planned Unit Development Rider [D Graduated P ayment Rider ❑Other (specify] <br />CV R(NE) Issoa).ot <br />Pegs 7 of a <br />WhMU 1,14 <br />