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2oioo9i4c 1$. Foreclosure Procedure. If Lender requires immediate payment in full uttder paragraph 9, Lender may invoke the power of sale and any other remedies perm'rtted 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 Property is lacated and shall mail copies of such notice in the manner prescribed by �pplicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give pablic notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Propecty at pablic auction to the highest bidder at the tirne 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 alt or any parcel of the Property by public announcement at the time and place of any previously schedaled sale. Lender or its designee may purchase the Property at any sale. If the I.ender's interest in this 5ecurity Instrument is held by the Secretary and the Secretary requires im[nediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale provided 3n the Single Family Mortgage Foreclasure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by reqaesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the prececling sentence shall deprive the Secretary of any rights otherwise available to a Lender nnder this Paragraph � 8 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 shall be prirna fac�e evidence of the truth of the staternents made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of e�cercising the power of sale, and the sale, 'rncluding the payment of the Trustee's fe�s actually incurred, not ta exceed 0. 0 0 0% of the principal amount of the note at the time af the declaration of default, and reasonable attorneys' fees as permitted by law; (b) to all sams secared by this Security Instrament; 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, Lender shall request Trustee ta recanvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Truscee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 20. Substitute Trustee. Lender, at its option, rnay frorn time to time remove Trustee and appoint a successar 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 t�le SllCCeSSOr t1l1StC� Shall SUCCeed tp �II th6 t1tIB power and duties conferred upon Trustee herein and by applicable law. 21. Request for Notices. Borrower requests that copics of the notices of default and sale be sent to Borrower's address which is the Property Address, 22. Riders to this Security Instrannent. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall arnend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part af this Security Instrument. [Check applicable box(es)]. � Condominium Rider 0 Growing Equity Rider 0 Other [specify] � Planned Unit Development Rider � Graduated Payrnent Rider FHA Deed of Trust-NE VMP � Wolters Kluwer Finenciel Sarvices ..�� 4/96 VMP4RINE) (0809) Page 7 of 9 , �i � '►!� t' �� �