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200005152 18. Fareclasure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale acrd any other remedies permitted by applicable law. Lender shall be entitled to culled all expenses incurred in pursuing the retuedies under this paragraph 1>i, inclndirtg, but not limited to, reasonable attorneys' fees. and costs of title evidence, If the power of sale is invoked, :Trustee shall record a notice of default in each county in which any part ai' the Property is lpcated and shall tuail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. Alter the time regnired by applicable Taw, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall ,sell the Property at pnblic auction to .the highest bidder at the time and place and under the termK designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may pastporle 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 lnstrurnent'is held by the Secretary and the Secretary requires immediate paytnent in fuq under 1aragraph 9, the: Secretary may invoke the' noinjudicial 'power of sale pravided in the Single Family 11lortgage l?'oreclosuire Act of 1994 (''Act") (1Z U.S.C. 3751 et seq,) by requesting a foreclosure commissibneir designated under the.: Act to camnience fareclosure'.and to sell the Propcr•ty as pravided in the Act. Nothing in the preceding sentence shod deprive 'the' Secretary of any nights otherwise available to a Lender under this Paragraph Il8'ar uppllcable 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 shall be. prima facie evidence of the trttt4 of the. statemegts made therein. Trustee Shall apply the proceeds gf the.sale'in the following order:, (a) to all costs and expanses of exercising tlae power of sale, and the sale, .including ttte payment of the Trustee's fees actually incurred, not to exceed ~ .000 % of the principal annount of the note at the time of the declaration of default, and reasonable attorneys' 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 all .sums secured by this Security Instrument, bender shall request .Trustee td reconvey the Property and sltall surrender this Security Instrument and all pates. evidencing debt secured by this Security Instrurrtent to Trustee. Trustee shall recynvey the Property without warranty and without charge ro the person or persons legally entitled to it. Such person ar persons shall pay any recordation costs.. 2(). Substitute Trustee. Lender, at its option, may from time to time remove.Truscee 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 Trustee herein and by applicable law. 2l. Request for Notices. Borrower requests that espies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22. Riders to this Security Instrument. If one or mare. riders are executed by Borrower and recorded together with this Security Instrument, the. covenants of each such rider shall be incarpprated into and shall am~rid and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument, [Check applicable.box(es)]. 0 Condominium Rider 0 Growing equity Rider [~ Other [specify] Planned Unit Development Rider [~ Graduated Payment Rider 0120295426 -4RlNE) (04071.1 Pp{7e 7 p~ 8 Initi r'