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�A1�0��5� <br />18. Forecl�ure Procedure. If Lender requir� immediate payment in full under paragraph 9, Lender may <br />invoke the gower of sale and any other remedi� 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 in�oked, Trustee shall record a notice of default in each connty in which any part of <br />the Progerty is located and shall mail copi� 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 reqnired 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 high�t 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 />determin�. 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 Progerty at any sale. <br />If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires <br />immediate payment in full under Paragraph 9, the Secretary may invoke the noqjudicial power of sale <br />provided in the Single Family Mortgage Foreclosnre.4ct of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting <br />a foreclosure commissioner designated nnder 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 nnder this Paragraph 18 or applicable law. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br />the Property. The recitals in the Trnstee'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, inclnding the payment of the Trustee's fees actuslly incurred, not to <br />exceed . 000 % of the principal amount of the note at the time of the declaration of defanit, <br />and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Secnrity Instrument; and (c) <br />any excess to the person or persons legally entitled to i� <br />19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee <br />to reconvey the Property and shall surrender this Security Instivment and all notes evidencing debt secured by this <br />5ecurity Instrument to Trustee. Trustee shall reconvey the Property without wamanty and without charge to the <br />person or persons legally entitled to it. Such person or persons shall pay any recorda.tion costs. <br />20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and agpoint a successor <br />trustee to any Trustee appointed hereunder by an instruxnent recorded in the county in which this Security Instrument <br />is recorded. Without conveyance of the Properly, the successor ttustee shall succeed to all the tifle, power and duties <br />conferred upon Trustee herein and by applica.ble law. <br />21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />22. Riders to this Security Instrument: If one or more riders are executed by Borrower and recorded together <br />with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and <br />supglement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)] . <br />� Condominium Rider � Growing Equity Rider 0 Other [specify] <br />❑ Planned Unit Development Rider ❑ Graduated Payment Rider <br />��-4R{NE) �aeo�i <br />�e�ote <br />i�a�:� <br />I �1N1 <br />