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20100��35 18. Foreclosure Procedure. If Lender reqaires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies under this paragraph 1S, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the powec of sale is invoked, Trustee shall record a notice of default in each coanty in which any part of the Property is located and shall rnail copies of such notice in the manner prescribed by applicable law to Borrower and 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 demand 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 determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender oc its designee may purchase the Property at any sale. If the I.ender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclasure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated ander the Act to co►nnnence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretacy of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. CTpon receipt of payment di 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 . 000 % of the principal amount 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 ta the person or pecsons legally entitled to it. 19. Reconveyance. Upon payment of all surns secured by this Security Instrument, L.encler shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secared by this Security Instrument to Trustee. Tz shall reconvey the Praperty without warranty anci without charge to the person or persons legally entitled to it. Such person or p�rsons sha11 pay any recordation costs. 20. Substituke Trustee. 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 Tnstrument is recorded. Without conveyance of the Property, the successar trustee shall succeed to a11 the kide, power and duties canferred upon Trustee herein and by applicable law. 21. Request for Natices. Borrower requests that copies 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 ox rmore riders �re executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into anci shall amend and supplement the covenants and agreements af this Security Inskrument as if the rider(s) were a part of this Security I ent. [Chec.k applicable box(es)]. � Condominium Rider � Growing Equity Rider 0 Other [specify] Planned Umt Development Rider Graduated Payment R1der ��4R�NE►lssoil Page 7 of e Initials:�