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20110534� 18. Foreclosnre Procedure. If Lender requires immediate payment in fall nnder paragraph 9, Lender may 3nvoke the power of sale and any other remed�tes permitted by applicable law. Lender shall be entitl� to colle�et all egpenses incnrr� in pnrsuing the remedies nnder this paragraph 18, inclnding, bnt not lim�ited to, reasonable attorneys' f�s and costs of t3tle evidence. If the power of sale is �invoked, Trustee shall record a notice of defanit in each county in which any part of the Property 3s located and shall mail copies of sach notice in the manner prescribed hy applic�ble law to Borrower and to the other persons prescrib� by �pplicable l�w. After the time reqnir� bq applicable law, Trnstee shall give pnblic notice of sale to the persons �nd in the manner pr�cribecl by applicable law. Trnstee, wlthont demand on Borrower, shall sell the Property at public anction to the highest bidder at the Hme and place and under the terms des�tgnated in the notice of �le 3n one or more parcels and in any order Trastee determines. Trastee may postpone sale of all or anp parcel of the Progeriy by pnblic annonncement at the time and place of any prevTously schednled sale. Lender or its designee may parchase the Property at any sale. If the Lender's interest in this Secnrity Instrament is held by the Secretary and the 5�ret�ry requires immediate payment in fnll under Paragraph 9, the 5ecretary may 3nvoke the nonjnditdal power of sale provid� in the S�tngle Fxmily Mortgage Foreclosnre Act of 1994 ("Act'� (12 U.S.C. 3751 et seq.) by requesting a fot�eclosnre commissioner designated nnder the Act to commence fot�eclosnre and to sell the Property as provided �in the Ac� Nothing in the preceding sentence shall deprive the Secretary of any rights otherw�se available to a Lender nnder this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trastee shall deliver to the pnrchaser Traetee's deed conveying the Property. The redtals in the Traste�e's de� shall be prima f�de evidence of the trath of the statements made therein. Trastee shall apply the proceeds of the sale in the following order: (a) to all costs and egpenses of ezerdsing the power of sale, and the sale, inclnding the payment of the Trnstee's fees actnally �incnrred, not to ezceed 5% of the prindpal amonnt of the note at the time of the declaration of defaalt, and re�son�.ble attorneys' fees as permitted by law; (b) to all sums secured by tLis Secnrity Instrament; and (c) any ezcess to the person or persons legally entitled to i� 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Properiy and sha11 surrender this Secwrity Instrument and all notes evidencing debt se�ured by this Security Instrument to Trustee. Trustee sball reconvey the Property without warranty and without charge to the person or persons legally entitle� to i� Such p�son or persons shall pay any r�ordation costs. 20. Snbstitate Trastee. Lender, at its option, may from time to time remove Trust� and appoint a successor trustee to any Trustee appointed hereunder by an instrument recordefl in the county in which this S�urity Instr�ument is r�arded. Without conveyance of the Properiy, the successor trustee shall succee,d to all the title, power and d�rties conferred upon Trust� herein and by applicable la.w. 21. Reqnest for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address wluch is the Property Address. 22. Riders to this Secnrity Instrament If one or more riders are ex�uted by Borrower and recorde� together with this Security Instrument, the covenants of each such rider sball be incorporate�i into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) we2e a pait of this Security Instrument. [Check applicable box(es)]. ❑ Condominium Rider � G�owing EquitY Rider 0 Other [specifY] � Plannefl Unit Development Rider � Gradua.t� Payment Rider 2200144904 D V4N1� ��: M I� VMP��tN(NE� loao�).ot Paee � or e