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2�11022�� <br />18. Foi+eclosure Procedare. If Lender re�aires immediate payment in fnll under psra�raPh 9, I.ender may <br />invoke the power oP sale and any oWer remediea permitted by applicable law. Lender shall be entitled to colled <br />all expenses incarred in pursaing the remedies under tlus paragraph 18, inclading, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sate is invoked, Tnrstce shall �+ecord a notice of tkt'ault in eac4 county in which any part of <br />the Property is located and s�U maiI capies of such notice in t6e manner prescribed bp applicable lsw to <br />Borrowex and to the other persons prescribed by applicsble law. Aiter the time required by applicable la�v, <br />Trastee shsll give public notice of sale to the persons and in the mauner pre.gcn'bed by applicable law TrusEee, <br />without demand vn Borrower, shall sell the Property at pnblic aaction to t6e tughest bidder at the time and <br />ptace and uader the terins designated in the notlae of sale 9n one or more parcds and in any order 1Yi�stee <br />determines. Tnestee may postpone sale of all or any parcel of the Property by public annonucement at the time <br />and place of any previoasly scheduled sale. Lender or lts desiguee may purcLase the Property at any saie. <br />If the Lender's interest in thfis Secarity Instnunent is held by the Secretsry and the Secretary �quirEs <br />immediate paym�►t in full nnder Paragraph 9, t6e Secnetary may invake :the non,iadieial power of sale <br />prnvided in the Single Family Mortgage For�losare Act of 1994 ("Act") (12 U.S.C. 3751 er seq.) by requesting <br />a fonrlosare mmmissioner designated under the Act to commence foreclosure and to seai the Propeity as <br />prnvided in the Act. Nothing in the prPcediag sentence st�all deprive the 5ecretary af any rig6fs otherwise <br />available to a Lender ander this Parsgraph 18 or applicable law. <br />Upon receipt of payment af the price bid, Trustee shali deliver to the parcLaser Trustee's dced conveying <br />the Property. The reatals in the 1Yvstee's dced shall be prima fa�ae evidence af the truth of the stat��ts <br />made therein. Trustee shall apply the prooeeds of the sale in fhe following order. (a) to all costs and eapeases of <br />ezercising the power of sale, and the sale, incfiding the payment of We Trastee's fcee actually iacurred, not to <br />egoeed 0.000 Ro of the principal ammiat of the note at tlie time of !he declaration of <br />defauit, and reasonable attorneys' fees as permitted by law; @) to all �ms secured by this Secarity Iustrummt; <br />and (c) any excess to the person or persons legally e�atitled to it� <br />i9. Reconveyance. Upon payment of all sums secured by ttris Security Instrument, Lender shall request Trnstee <br />to reconvey the Property and shall surrender this Securiry Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without c�arge W the <br />person or persons legally entitled to it. Such per�n or petsons shall pa.y any rewrdation costs. <br />20. Substifute Trastee. Lender, at its option, may from time to time remove Trustee and appoint a suxessor <br />trustee to any Trustee appointed hereunder hy an instrument reoorded in the county in which this S�urity I�ostrument <br />is recarded. Without conveyance of the Property, the successor trustee shall suooeed to all t6e title, power and dutiess <br />conferred upnn Trustee herein and by applicable law. <br />2L Reqaest for Notices. Bonower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property A�dd�ess. . � <br />�. ,. ',, . <br />22. Riders to this Se�urity Instrnmen� If one or more riders are executed` by Borrower and reoorded together <br />with this Security Instrument, the covenants of each such rider shall be inoarporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) wete a part of this Sacurity <br />Instrument. [Check agplicable box(es)j. <br />0 Condominium Rider 0 Growing Equity Rider 0 Other [specify] <br />� klanned Unit Development Rider (� Graduated Payment Rider <br />�-, <br />�-4N(N� �000�� <br />P�.7 of e <br />1 -02-0 <br />Initial / �. S. <br />