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20110140� 18. Foreclosure Procedure. If Lender requires Imtnerliate payment ia fu?,', tinder paragraph 9, �tdec may invoke the power of saie attd any other remedies permitted hy applicable law. I:ender shall be entifled to cdlect atl expeases incurred in pursuing the remedie� under this paragraph 1$,' `incinding, but not limited to, reasouable attorneys' fees and costs of title evidence. '� If the power of sale is invoked, Trustee sha[L record a notice of default En each county in which any part of the Property is tocated and shall mait copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by appEicabie law. After the time required by applicabte law, Trustee shatl give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand ot� Borrower, shall seli the Property at public auction to the highest bidder at the time and place and under the #erms desigaated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parce{ of the Property by pu6lic announcemen# at the time and place of any previously scheduled sale. I.ender or its designee may purchase the Property at anp sale. If the Lender's interest ia this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary may invoke the not�jndicial pawer of safe provided in the Single Family Mortgage Foraclosure Act of 1994 ("Aet") (12 U.S.C. 3751 et seq.) by requesting a foreclosure cotnmissioner designated under the Act to commence forectosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or appticable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. Tt►e recitals in the Trustee's deed shall be prima facie evidence of the truth of the statemeats made therein. Trustee shsll apply the proceeds of the sale in the foltowing order: (a) to al[ cosEs and expenses of exercising the power oF sale, and the sale, including the payment of the Trustee's fees adually incurred, not to exc�d 0.000 % of the principal amonni of the note at the time of the declaration of default, and reasonable attorneys' fe�s as permitted by law; {b) to all sums secu�ed by this Sectui#y Instrument; and (c) any excess to the person or persons legally entitled to it. � 19. Reconveya�nce. Upon paymeni of all sums secvred by this Security Instivment, Lender shall reQuest Tnistee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrumeni to Trustee. Trustee shaii reconvey the Pmperty without warranty and without charge to the person or persons tegally entitted to it. Such person or persous shall pay any recordation costs. 20. Sabstitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trusiee to any Trustee appointed hereander by an instrument recorded in the county in which this Security Insuvment is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the titte, power and duties conferred upon Trustee herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the notices of ctefault and sale be sent to Bonrower's address which is the Property Address. 22. Riders to this Security Instrument. If one or more riders are executed by $orrower and recorded together wiih this Security Instn�ment, the cavenants of each such rider shaii i�e incorporated into and shaIi aznend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Securiry Instrument. [Check applicable box(es)j. � Condominium Rider ❑ Gz'owing Equity Rider Q Other (specifyJ � Planned Unit Development Rider [� Graduated Payment Rider l�l-01-000072 , ��5:�� �-�(NE+ {0407) Page 7 ot S � � � �q � i `�l