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o , . 2 4 �.10 � �.'� � 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedi�s permitted by applicable [aw. Lender shall be entitled to collect alI expenses incurred in purstdng the remedfies under this paragraph .18, including, but not limited to, reasonable attorneys' fe�s and costs of ntle evidence. If the gower of sale is invoked, Trustee shall record a notice of default in each county in wluch any part of the Property is located and shall mail copies of such notice in the manner pre.scribed 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. Trustce, 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 Pro�rty by public announcement at the time and place of any previously scheduled sale. Lender or its des�gnee may purchase the Property at any sale. If the Lender's interest in this Secnrity Instrument is held by the Secretaiy and the Secretary r�uires immediate payment in full under Paragraph 9, the S�retary may invoke the nonjudicial power of sale provided in the Single Family Mortgage For�losure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by reque,sting 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 avaitable to a Lender under this Paragraph 18 or applicable law. U�n receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The rec3tals in the Trust�'s dced shall be prima facie evidence of the truth of the statements made therein. Trustce shall apply the proceeds of the sale in the following order; (a) to all costs and expense.s of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exc�d 5. 000 % of the principal amount of the note at the time of the d�laration of default, and reasonable attorneys' fces 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 of a11 sums secured by this 5ecurity Instrument, Lender shall request Trustee to reconvey the Praperty and shall surrender this 5ecurity 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 shall 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 a11 the title, power and duties conferred upon Trustee herein and by applicable law. 21. Request for Notices. 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 Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. 0 Condominium Rider 0 Growing Equity Rider � Other [specify] �] Planned Unit Development Rider C] Graduated Payment Rider Legal Attached II I I I' II'I I I II I I I� I I II I IIII �IIII I I( II I I( I I I I I I II� g03241085753 0233 388 0708 Initials� VMP�-4N(NE) roao�).oi Pege 7 of 8