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� 2o�oos�s7 18. Foreclosure Procedure. Tf Lender requires immediate payment in full under paragraph 9, Lendar may invoke the power of sale and any other remedies permitted by applicable law. Lender shall ba entitled to coAect all expenses incurred in pursuing the remedies nnder this paragraph 18, including, but not lunitod to, reasonable attarneys' faes and costs of title evidence. If the power of sale is invoked, Trustee shall recard a notice of default in each county in which auy part of tha Prop�rty is lacated and shall mail copies of such notice in the mannar prascribed by applicable law to Borrawer and to the other persons prescri"bed by applicable law. Aftar the time required by applicable law, Trustee shall giv� public notice of sale to the persons and in the manuer prescribad by applicable law. Trustee, without demand on Borrower, shall sell tha Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in ona or more parcels and in any order Truste� determines. Trustee may postpone sale of all or any parcel of the Prope�t�tq by public announcement at the tune and place of ax►y previously scheduled sale. Lendor ar its desi�� may purchase the Property at any sale. If the Lender's interest in this Sacurity Instrument is held by tha Secretary and the Secretar� reqnires immediato payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power of sale providad in tho Singla Family Mortgage For�closur� Act af 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a faraclosure comx�nissioner designated under the Act to cammence foreclosure and to sell the Property as provided in tha Act. Nothing in the prcc�ding sentenc� shall dBpriv� the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicab181aw. Upon recaipt of payment of th� pricB bid, T"rust�v shall deliv�r to the purchaser Trustee's deed canvvying the Property. The recitals in the Trustee's daed shall be priu�na facie gvidenca of ths truth af the statemants made therein. Trustee shall appl� the proceeds of the sale in the following order: (a) to all costs and expenses of axercising tha power of sa18, and the+ salo, including th� payment of the Trustee's fees actnally incurred, not to exceed wA % 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 secuired by this Security Instrument; and (c) any excess to the parson or patsons legally antitled to it. 19. Reconveyance. Upan payment uf all sums secured by this Security Instrument, Lender shall ceyuest 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 reconvey the Property without warranty and without charge to the peeson or persons legally entikled ta it. Such persan or persons shall pay any recordation costs. 20. Substitute Trustea. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrumenk recorded in the county in which this Security Instrument is recorded. Without conveyance of the Praperty, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee 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 Property Address. 22. Riders to this S�curity Instrument. If ane 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 amend and supplement the cavenants and agreernents of this 5ecurity Instrument as if the rider(s) were a part of this Security Instrurnent. [Check applicable box(es)]. � Adjustable Rate Rider � Graduated Payment Rider 0 Other(s) [specify] V�N(Nq �oao��.oi 0 Gondominium Rider � Growing Equity Rider � Planned Unit Development Rider [� Rehabilitation Loan Rider Paga 7 of 8 � � � �� �� � �