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201101523 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicabte taw. Lender shall be entitled to collect all expenses incnrred in pursning 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 default in each connty ii� which any part of the Property is located and shall mait copi+es of such notice in the manner presctibed by applicable law to Borrower and to the other persons prescribed by app(icable law. After the time required by app(icable law, Trusfee shall gi� e pubtic notice of sale to the persons and in the manner prescribed by applicable law�. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under t}te terms designated in the notice of safe in one or more parce(s and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by pnblic announcement at the tinne and place oF any pre�iously scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary ma� invoke the nonjudicial power of sale provided in the Single Family :Viortgage Foreclosare Act of 1994 ("Act") (12 ti.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act ta cotnmence foreciosure and to seEl the Property as provided in the Act. Nothing in the preceding sentence shall depriFe the Secretary of any rights otherwise a� ailable to a Lender under this Paragraph 18 or applicable law. tipon receipt of payment of the price bid, Trusfee shall deli�er to the purchaser Trustee's deed conveying the �'roperty. The recitals in the Trustee`s deed shali be prima k'acie evidence of the truth of the statements made therein. Trustee shatl apply fhe proceeds of the sale in the following order: (a) #o ail costs and expenses of exercising the power of sate, and the sale, incIuding the payment of the Trustee's fees actually incurred, not to exceed 0.000 % 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 ali sums secured by this Securit}� Instrument; and (c) any e�cess to the person or persons tegally entitied to it. I9. Reconveyance. Upon payment of all sums secured by this Security Instruznent, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and ali notes evidencino debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons leaally entitled to it. Such person or persons shall pay any recordation costs. 20. Substiti�te Trustee. Lender, at its op[ion, may from tirne Eo time remove Trustee and appoint a successor trustee to any Trusiee appointed hereunder by an instrument recorded in the county in which this Security Instrument is reeorded. Without conveyance of tk�e Property, the successor trustee shall succeed to all the ticle, power and duties conferred upon Trustee herein and by appiicable law. 21. Request for Notices. $orrower requests that copies of the no[ices of default aad sale be sent to Borrawer's address which is the Property Address. 22. Riders to this Securitr Instrument. Tf one or more riders are executed by Borrower and recorded togeiher with this Securicy Instzument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Secuzity Instrument. [Check applicable b�x(es)]. 0 Condominium Rider � Growing Equity Rider 0 Other [specify] � Planned iJnit Development Rider � Graduated Payment Rider � 11-000204 tnitiats: �-4N{NEE {Oa071 Page 7 of 8 0