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200808377 18. Foreclosure Procedure. If Lender req'llii'es immediate payment in full under puagraph 9, Lender may invoke the power of sale and any other remedies permitted by appUcable law. Lender shall be entitled to collect ;ill etpeWlf'S inCUlTed in pmsuing the remedies under tbis paragraph 18, ioduding, but not limited to, reasonable attorneysJ fees and costs of title evidence. If the lJOwer of sule is invoked, Trustl!le shan .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 la.w to Borrower and to the other persons presetibed. by applicable law. After the time required by applicable law, Trustee sltall give public notice ot sale to the persons and in the manner prescribed by applicable law. TrU$t~ without demand on Borrower', shall R11 the l"roperty at public auction to the highest bidder at the time and place and under the tenns dE$ignated in the notice ot sale in one or more pa~eJ.9 and in any order Trustee determines. Trustee may pOBtpone sale of all or any pared of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its desiQnee may purchase the Property at any sale. It the Len<let's hderest in tbis Security Instrument is h,e1d by the Secretary and the Secretary requires immediate payment in tulI under Paragraph 9, the Secretary may invoke the nonjudicial power ot sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S,C. 3751 er seq.) by requesting a toreclosure commlssioner desl:gnated under the Act to commence toreclosure and to Sje)l the Properly ~ provided in the Act. Nothing in the preceding sentence shall deprive the Secretary ot any rights otherwise available to a Lende.- under tbis Paragraph 18 or applieable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed 5hall be Jllima. facie evidence of the truth of the statements made therein. Tl'U!ltee shall apply the pr~eeds of the sale in the following order: (a) to all casu lUld expensM of exercising the power of sale, and lbe sale, including the payment (If the Trustee's fees adllally inCWTed, not to exceedS I 000 % of the principal amount of the notc at the time of the declaration of default. and reasonable attorneysJ fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c.) any excess to the person or persons legally entitled to it, 19. Reconveyance. Upon payment of a11 sums secured by this Security ItlStnl1netlt, Lender shall request Trustee to reconvey the Property and ahall surrender this Security Instrwncnt and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or penons legally entitled to it. Such persolt or persons shall pay any recordation COSts. 20. Substitute Trustee. Lender. at if!} optiOlt, may from time to time J."Cn'\Ove Trustee and appoint a successor !IUSlee to any TlUIltee 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 aU the tille. power and duties eQJtferred upon Trustee herein and by applicable law. 21. Request tor Notices. BOn'Ower requests that copies of the notices of default and sale he sent to Borrower's addJ.'ess which is the Property Address. 22. Riders to this Setu'dty ln51trument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be ineolpOrated into anCl snail amend. and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security ~eD(. [Check applicable box(es)]. Condominium Rider 0 Growing Equity :Rider 0 Other [specify} Planned Unit Development Rider 0 Graduated Payment Rider Clli&4RINEI (9601) Pij96 7 of 8 In~i~I;:~""V\