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�0�104362 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 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' fces and costs of title evidence. If the power of sale is invoked, Trustee shall r�ord a notice of defaWt in each county in wlrich any part of the Pro�rty 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 pablic notice of sale to the �rsons 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 the Property at any sale. If the I.ender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretaty may invoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a for�losure 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 1Yustee's deed conveying the Property. The r�itals in the Trustee's dced shall be prima facie evidence of the truth of the statements made therein. Trustce shall apply the procceds of the sale in the following order: (a) to all costs and expenses of egercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurr�l, not to exc�ed 0. 0 0 0% of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fces as permitted by law; (b) to all sums secured by this Security Instrument; and (c) �ny excess to the person or �rsons legally entitled to it. 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to r�onvey the Properiy and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instnunent to Trustee. Trustee shall reconvey the Property without wazranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 20. Substitute Trust�. Lender, at its option, may from time to time remove Trustee and appoint a successor iruste� 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 Trust� herein and by applicable law. 21. Request for NoHces. Bonower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instruffient, the covenants of each such rider shall be incorpora.ted into and shall amend and s�lement the covenants and agreements of this S�urity Instivment as if the rider(s) were a part of this Se�urity Instrument. [Ch�k applicable box(es)]. � Condominium Rider 0 Growing Equity Rider � Other [specify] � Plamied Unit Development Rider 0 Graduatefl Payment Rider N I FA F o r m E-1 FHA Deed of Trust-NE VMP � Wolters Kluwer Financial Services _� 4/96 VMP4R(NE) (0809) Paga 7 of 9