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201102492 <br />18. Foreclosnre Procednre. If Lender requir� immediate payment3n fnll nnder paragraph 9, Lender may <br />invoke the power of sale and any other remedies permitted by applicable Iaw:.I.ender shall be entitled to collect <br />all e8pens� incnrred in pnrsning the remedi� nnder this paragraph 18; inclnding, but not limited to, <br />reasonable attorneys' fe� and costs of tatle evidence. -.�_-- - <br />If the gower of sale is invoked, Trustee shall record a notice of default in each connty in wlrich any part of <br />the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to <br />Borrower and to the other persons pr�cribed by applicable law. After the time required by applicabie law, <br />Trastee shall gioe pnblic no6ce of sale to the persons and in the manner prescribed by applicable law. Trastee, <br />withont demand on Borrower, shall sell the Property at public anction to the highest bidder at the time aad <br />place and under the terms designated in the notice of sale in one or more parcels and in any order Trastee <br />determin�. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br />and place of any previously scheduled sale. Lender or its designee may pnrchase the Property at any sale. <br />If the Lender's interest in this Secnrity Instrament is held by the Secretary and the Secretary reqnires <br />immediate payment in full under Paragraph 9, the Secretary may inooke the non,jndicial gower of sale <br />provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requestin:g <br />a foreclosure com.r�.acioner designated under the Act to commence foreclosnre and to sell the Property as <br />provided in the Act. Notlung in the preceding sentence shall deprive the Secretary of any rights otherwise <br />available to a Lender under this Paragraph 18 or applicable law. <br />Upon receipt of payment of the price bid, Trustee shall delioer to the purchaser Trnstee's deed conveying <br />the Property. The recitals in the Trustee's deed shall be prima facie eoidence of the truth of the statements <br />made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of <br />exercising the power of sale, and the sale, including the payment of the Trnstee's fees actnally incnrred, not to <br />exceed . 000 % of the principal amount of the note at the time of the declaration of default, <br />and reasonable attorneys' fees as permitted by law; (b) to all sums secuted by this Security Instrument; and (c) <br />any ezce�.s to the person or persons legally entitled to it. <br />19. Reconveyance. Upon payment of all sums secured by this Security Insirument, Lender shall request Trustee <br />to reconvey the Properiy and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall reconvey the Properly without warranty and without charge to the <br />person or persons legally entifled to it. Such person or persons shall pay any recordation costs. <br />20. Substitnte Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument <br />is recorded. Without conveyance of the Properiy, the successor trustee shall succeed to all the title, power and duties <br />conferred ugon Trustee herein and by applicable law. <br />21. Reqnest for Notic�. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />22. Riders to this Secnrity Instrament. If one or more riders are executed by Borrower and recorded together <br />with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Inshvment. [Check applicable box(es)]. <br />0 Condominium Rider � Growing F.quity Rider 0 Other [specify] <br />0 Planned Unit Development Rider 0 Graduated Payment Rider <br />��-4R(NE) �aeoil <br />Paga 7 0} 8 <br />i��;eie:�� <br />�� � <br />