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, ; . <br />20:�1046��. <br />, 18. Foreclosure Procedure. If Lender require,s immediate payment in full under paragraph 9, Lender may <br />' I invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect <br />' all expenses incurred in pursuing the remedies under this paragraph 18, including, but not limited to, <br />'� reasonable attorneys' fees and costs of title evidence. <br />If the power oF sale is invoked, Trustee shall record a notice of default in each county in which any part of <br />'�, I the Property is located and shall mail copie,s of such notice in the manner prescribed by applicable law to <br />," Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, <br />', Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, <br />' without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and <br />',', place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br />'� determines. 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 purchase the Property at any sale. <br />; If the Lender's interest in this Security Instrument is held by the 5ecretary and the Secretary requires <br />j', immediate payment in fnll under Paragraph 9, the Secretary may invoke the nonjudicial power of sale <br />','' provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.5.C. 3751 et seq.) by requesting <br />'� j a foreclosure commissioner d�ignated under the Act to commence foreclosure and to sell the Property as <br />',;, provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise <br />�' available to a Lender under this Paragraph 18 or appl�cable law. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dced conveying <br />I '�,' the Property. The recitals in the Trustee's deed shall be prima facie evidence 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 Trustee's fces actually incurred, not to <br />', ! exceed 5. 0 0 0 °lo of the principal amount of the note at the Nme of the declaration of <br />��' default, and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Security Instrument; <br />'� and (c) any excess to the person or persons legally entitled to it. <br />I ' � <br />19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee <br />,� to recottvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />�I °�, Security Instrument to Trustee. Trustee shall reconvey the Property without wananty and without charge to the <br />� person or persons legally entitled to it. Such person or persons shall pay any recordation costs. <br />, 20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />I ! 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 Property, the successor trustee shall succeed to all the title, power and duties <br />',', confened upon Trustee herein and by applicable law. <br />21. Request for Notices. Bonower requests that copies of the notices of default and sale be sent to Bonower's <br />;' address which is tbe Property Address. <br />22. Riders to this Security Instrument. If one or more riders are executed by Bonower 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 5ecurity Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)]. <br />[] Condominium Rider � Growing Equity Rider � Other [specify] <br />� Planned Unit Development Rider � Graduated Payment Rider Legal Attached <br />I �� III II'II'III III IIIIIII IIIIIIIII IIIII II I) IIII II III <br />�, q03301217440 0233 276 0708 <br />�I I VMP�-4N(NE) �oao��.o� Paae � of s <br />Initlata: �� <br />