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200305403 18. Fu,,, h mre Pruredurc If Leader requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and Lm (other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies under this paragraph 18, including, but not limited to, reasonable attnrncvs' fees and coals of title evidence. If the power of sale is invoked. Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to 6nrrnwer'aud 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 applicable law. Trustee, without dcmmnd on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determine. Trnstev ..hay postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immedialr payment in full under Paragraph 9, the Secretary may invoke the nonjumcial power of sale provided in the Single Fnmihv Nba-1 age Foreclosure Act of 1994 ( "Act ") (12 U.S.C. 3751 er seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and m sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. (,Pon receipt or payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the 'trustee's deed shall be prima facie evidence of the truth of the statements made therein. 'Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power' of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exceed 5 . a a o % of the principal amount of the note at the time of the declaration of default, and reasonable altorncvs' fees as permitted by law; (Id to all sums secured by this Security Instrument;, and (c) any excess to the Ina son of persons legally entitled to it. 19. Rveonveyance. Upon pay ow if of all sums secured by this Security Instrument, lender shall request Trustee to reconvev the Propum and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Tn¢mc. Trustee shall reconvey the Property without warranty and without charge to the person or persons leaalk untitled to it. Such pervmh or persons shall pay any recordation costs. 20. Suhstitute'1'rusler. lender. at its option, may from time to time remove Trustee and appoint a successor trustee to any 'trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without Conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustce hvrcin and by applicable law. 21. Bequest for Notices. Borrower requests that copies of the notices of default and sale he sent to Borrower's address which is the Property Address. 22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this 'e,arity lostrutuem, the covenatrts of each such rider shall be incorporated into and shall amend and supplement the covcnunu and agreemcros of this Security Instrument as if the rider(s) were a pan of this Security Instrument. [Check appho,,blC box(es)i- Condominium Rider 0 Growing Equity Rider El Other [specify] Plenmd Unit Developmeut Ridcr 0 Graduated Payment Rider ARM RIDER ( -Mm4a1NE) izrov r "ae♦ oh a miuete.