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Pz11111x1ci% 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoice tl►e power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies under this paragraph 18, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of side is invoked, Trustee shall record a notice of deftult in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public 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 the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase tlue Property at any sale. If tlue 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 may invoke the nonjudicial power of sale provided in tl►e Single Family Mortgage Foreclosure Act of 1994 ( "Act ") (12 U.S.C. 3751 et serf.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure 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 applicable law. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of tlue statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, anti the sale, including the payment of the Trustee's fees actually incurred, not to exceed 0.000 'Yo 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 secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 19. Reconveyance. Upon payment orall sums secured by this Security Instrument. Lender shall request 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 person or persons legally entitled to it. Such person or persons sl ►all pay any recordation costs. 20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon Trustee herein and by applicable Inv. 21. Request for Notices. Borrower requests that copies or the notices or default and sale be sent to Borrower's address which is the Property Address. 22. Riders to this Security Instrument. Irone or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants or each such rider shall be incorporated into and shall amend and supplement the covenants and agreements or this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(cs)j. ❑ Condominium Rider ❑ Growing Equity Rider ❑ Other [specily] ❑ Planned Unit Development Rider ❑ Graduated Payment Rider 2011 - 1748241 100049700011788169 8124 InHiels:�r � VMP )- 4N(NE)(oaa7).pt Page lor8