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201408�4D 18. Foreclosure Procedure. If Lender requires immediate payment in fall 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 18, including, 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 deFaalt in each county in which any part of the Properrty is located and shall mail copies of such notice in the unanner prescribed by applicable law to Barrower 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 presccibed by applieable law. Trustee, without demand on Sorrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice af sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of al1 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 Lend�r's interest in this Secarity Instrument is held by the Secretary and the Secretary requires immedlate payment in full under Paragraph 9, the Secretary may invake the nonJudicial power of sale provided �n the Single Family Mortgage �'oreclosure Act of 199�{ ("Act") (12 U.B.C. 3751 et seq.) by requesting a fareclosure commissYoner designated under the Act to commence foreclosare and to sell the Praperty as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender ander this Paragraph 18 or applicable 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 sl�all be pcima facie evidence of the truth of the statements made therein. Trustee shall apply the procceds 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 0. 0 0 0% 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 Instrrument; and (c) any excess to the person or persons legally entitled to it. 19. Reconveyance. Upon payrnent of all sums secured by this Security Instrument, I.ender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall recanvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person ar persons shall pay any recordation costs. 20. Substitute Trustee. Lender, at its option, may from tixne 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 InstrumenC is recarded. Without conveyance of the Property, the successor trustee sha11 succeed to all the title, power and duties conferred upon Truste.� herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Properiy Address. 22. Riders to this Secnrity Instrument. If one or more riders aze executed by Borrower and recarded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall aznend and supplement the covenants and agreements of this Secwrity Instrument as if the rider(s) were a part of chis Security Instrument. [Check applicable box(es)]. ❑ Condominium Rider � Growing Equity Rider 0 Other [specify] 0 Planned Unit Developrnent Rider � Graduated Payment Rider FHA Dead of Trust-NE . � 4186 VMP � � VMP4RINE1 (0809) Wolters Kluwer Financlel 5ervicas � f .'�'�? Pege 7 of 9 `v °�o �) p� � �� 11 ,� � � !;