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2U1407924 <br />1$. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may <br />invoke the power of sale and any other remedies permitted b� applicable law. Lender shall be entitled #o collect <br />all �xpen�s�s incurred in pursuing the remedies under this paragraph 18, includin�, but nat limited to, <br />reasanabl� attorneys' fees and costs of title evid�ne�. <br />IF the power af sale is invoked, Trustee shall rscoard a nakice af default in each county in which any part of <br />the Property is located and shall mail copies ot' such nptice in the manner prescribcd by applicable law to <br />Borrower and to the other persons prescribed by applicable law, After the time required by applicable law, <br />Trustee shall give public notice of sal� to the persons and in the manner prescrib�d by applicable law. Trustee, <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and <br />place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br />determines. Trust�e nns�y postpone sale of all or any parcel of thc Prop�rt� by public announcement at the time <br />and place of any previously scheduled sale. Lender ar its designee may purchase the Property at any sale. <br />If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires <br />immediate pay[nent in full under Paragraph 9, the Secr�tary may invake the nonjudicial power of sale <br />provided in th� �in�la Family Mortgage Foreclosure Act of 1994 ("Act") (l.2 U.S.C, 3751 et seg.) by requesting <br />a foreclosure commissioner designated under the Act to commence for�clasure and to sell the Property as <br />provided in th� Act. Nc�thing in the preceding sentence shall depriv� khe Secretary of any rights otherwise <br />available to a Lender under this Paragraph 18 or applicable law. <br />Upon re�eipt af payment of the price bid, Trustee shall d�liver ko the purch�ser Trustee's deed conveying <br />the Property. Th� arscitsils in the Trustee's deed shall be prima facie �videpce of the truth of the statements <br />made thereip. Trustee shall apply the proce�ds of the sale in the follawing order: (a) to all costs and expenses of <br />exercising the power of sale, and the sal�, intluding the payment of the Trustee's fees actually incurred, not to <br />exceed • OOD % of the principal amount of the note �t the time of the declaration of default, <br />and reasonable attorneys' fees as permitt�d by law; (b) to aq spms secured by this Security Instrument; and (c) <br />any excess ka the person or persons legally entitled to it. <br />19. Reconveyance. Upon payment of all sums secured by this Security Instrument, T.ender shall request Trustee <br />ta reconvey the T'roperty and shall surrender this Security Instrument and all notes evidencing debt sccur�d by this <br />Security Instrument to "1'rustec;. Trusl�e shall reconvey the Property without warranty and withc�ut charg� to th� <br />person or persons legally entitled to it. Such person or persons shall pay any recordation casts. <br />20. Substitute Trustee, Lender, at its option, may from time to time remove Trustee and appaint a successor <br />trustcc to any Trustee appointed hereunder by an instrument recorded in lhe county in which khis Security Instrument <br />is recorded. Wikhc�ut canveyance of the T'roperty, the successor trustee shall succeed tC� all the title, pawer and duties <br />conferred upan Trustee herein and by applicable law. <br />21. Request far Notices. �orrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />22, Riders to this Security Instrument. If an� ar mar� ridears are exe�uted by Borrower and recorded together <br />with this Security Instrumcnt, ihe cavenants of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agrcemcnts of Ihis S�curity Instx'ument as if the rider(s) were a part of this Security <br />Tnstrument. [Check applicable bax(es)]. <br />� Condominium Rider 0 Growing Equity Rider � Other [specify] <br />� Planned Unit D�v�:lapment Rider 0 Graduated Payrnent Rider <br />��4RIN�) �ssoi i Paqe 7 of 8 inieiais: (`f� <br />