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<br />200902768 <br /> <br />18. Forec1olllre Procedure. If Lender requires immediate paym...t In full under paragraph 9. Lender may <br />invoke the pOwa' of sale and any other remedies permitted by applk:tble law. Lender shall be entitled to collect <br />all expenses incurred in purlll1ing the remedies UDder tJUa paraSraph 18. inc1udina. but not limited to, <br />reasonable attorneys' fees and coats of title evidence. ! <br />If the power of sale is invoked, Trustee shall record a DOtic:e of ~u1t in each county In whkh any part of <br />the Property is located and shall mail copies of sud1 DOtic:e in themlUlnel" prellCl'ibed by applbb1e law to <br />Borrower and to the other perllOD8 preacribed by applicable law. ~ the time required by applicable law. <br />~ee. shall. give pubUcnotice of sa1eto the P<<lOD8lDd in the D18Dfet prescribed by ap~1icab1e law. !Nstee. <br />Without cJllmlnd OIl Borrower j BhallI8l1 the Property at public a~ to the highest bidder at the time and <br />place and under the torms d-tgnRted in the Iiotice of sale.in one OJ' more parcels and in any order Trustee <br />determJnes. Trustee may postpone sale of all or any parcel olthe PrOperty by public amlOlJD.CIeIIleIlt at. the time <br />and place of any previously scheduled sale. Lender or its d-tpee ma purchase the Property at any sale. <br />If the La1der'sinterest in this Security Instrument is he1cl by the Secretary and the Secretary requires <br />immediate payment in full under Parallaph 9. the Secretary y invoke the nonjudicial power of sale <br />provided in the Single Family Mortgap Forec1oau.re Act of 1994 (. .) (12 U.S.C. 37S1 et seq.)by requesting <br />a foreclosure commiuioner dMipated Under the Act to comm foreclosure and to sell the Property as <br />provided. in the Act. Nothing in the. preceding &eIlteo.ce shall depril the SOCI'etary of any rights otherwise <br />available to a Lender under this Parallaph 18 or applicable law. <br />Upon receipt of payment of the price bid. Trulltee shall deliver ~ the purchaser TrulIteo', deed conveying <br />the Propertj. The recitals in the Trustee'. deed Bha11 be prima facib evidence of the truth of thelltatements <br />made therein. Trustee shall apply the proceed. . s of the sale in the f01101fing order: (a) to allcoatB and expenses. of <br />exercisiDg the power of sale. and the OJ including the payment o! _~e Trustee'. fees actually incurred. not to <br />uceed 0.000 I of the principal a.mount of F at the time .of the declaration of <br />defau1t~ and reasonable attorneys' fees a. Permitted. by law; (b) to all secu.red by this Security Instrument; <br />and (c) any excess to the perIOD. or perlODB 1egally entitled to it. , <br />i <br />I <br />19. Reconveyance. Upon payment of all sums secured by this Sectn1ty Instrument, Lender shall request Trustee <br />to reconvey the Property and shall surrender this Security Instnunent ~ all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall. reconvey the Property 1thout warranty and without ch8rge to the <br />person or persons legally entitled to it. Such person or persons shall pay any recordation costs. <br />. I <br /> <br />20. Substitute Trustee. Lender, at its option, may from time to wk remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an inStrument recorded in ili.e county in whicl1 this Security Instrument <br />is recorded. Without conveyance of the Property, the successor trustee ~ succeed to all the title, power anci duties <br />conferred upon Trustee herein and by applicable law. i <br />I <br />21. Request for Notices. Borrower requests that copies of the noti~ of default and sale be sent to Borrower's. <br />address which is the Property Address. I <br />! <br />I <br /> <br />22. Rider, to this Security Instrument. If one or more riders are ~ted by Borrower and recorded together <br />with this Security Instrument, the covenants of each such rider shall be incollJOrated into and shall amend and. <br />. . 1 . <br />supplement the covenants and agreements of this Security Instrument 88 if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)]. ! <br />D Condominium Rider D Growing Equity Rider I D Other [specify] <br />D Planned Unit Development Rider D Graduated Payment Rider <br />. . I <br />i <br />I <br />I <br />I <br />I <br />i <br />! <br />i <br /> <br />CIl-4NCNE) (04071 <br /> <br />PlICIe7of8 <br /> <br />0~-Ol-000345 <br />Inltl.I':~ <br />'i~ <br /> <br />.,i~;~ <br />