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�01106�42 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedi� permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies under this paragraph 18, including, bnt not limited to, ressonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trastee 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 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 pr�cribed by applicable law. Trastee, without demand on Borrower, shall sell the Property at public anction 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 postgone sale of all or any parcel of the Progerty by public announcement at the time and place of any previousl� scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Secnrity Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary ma� invoke the nonjudicial power of sale pro�ided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by reqnesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Progerty as provided in the Act. Nothing in the preceding sentence shall deprioe the Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. Ugon receipt of payment of the price bid, Trustee shall deliBer 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 the 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, and the sale, including the payment of the Trnstee's fees actually incurred, not to exceed . 000 % of the principal amount of the note at the time of the declaration of defanit, and reasonable attorneys' fees as permitted bp law; (b) to all sums secured by this Security Instrument; and (c) any exc�s to the person or gersons 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 shall surtender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Properly without warranty and without charge to the person or persons legally entitled to it. Such person or gersons shall pay any recordation costs. 20. Snbstitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee apgointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Properly, the successor ttustee shall succeed to all the tifle, 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 wvenants 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 � Growing Equity Rider � Other [specify] � Planned Unit Development Rider 0 Gradua.ted Payment Rider ��-4R(NEI �asou Page 7 of 6 Initlals: �vv