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20�10732G 18. Foreclosure Procedure. If Lender requires immediate payment in Tull under paragraph 9, Le�der may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all cxpcnscs incurrcd in pursuing thc rcmcdics undcr this paragraph 1S, including, but not limitcd to, reasonable attorneys' fees and costa of title evidence. If the power of sale is invoked, Trustee shall record a notice oP default in each county in which any part of the Property is located and shall mail cnpies of such notice in the manner prescril�ed by applicable law tn 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. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest biddee at t6e 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 Property by public announcement at the time and placc of any prcviously schedulcd salc. Lcndcr or its designcc may purchasc thc Property at any salc. IT the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial power uf sale provided in the Single Family Mortgage ForeclosureAct of 1994 {"Act")(12 U.S.C. 3751 e� .seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure aud to sell the Property as provided in the Act. Notlung in the preceding sentence shall deprive the Secretary of anv rights otherwise available to a Lendee under this Paragraph 18 or applicable law. Upon receipt of payment of the price bid, Trustee shall deliver 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 madc thcrcin. Trustcc shall apply the procecds of thc salc in thc following ordcr: (a) to all costs and cxpenscs of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exceed . 000 %of the principal amount of the note at the time of the declarx6on oP defuult, and reasonable attorneys' fees 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. Recoaveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvcy the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Sccurity Instnamcnt to Trustca Trustcc shall rcconvcy thc Property without warranty and without chargc to thc person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 20. Sub�titute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor truslee lu any 7'ru5lee appoinlui hereunder by an intitn.►menl rei;orded in Lhe counly in which ihis Securily Inslrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all 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 Bonower's address which is thc Property Address. 22. Riders to this Security Instrument. If one or more riders are exe�uted by Borrower and recorded together wilh lhiti Sec;urity Inslrumenl, lhe covenanls of each such rider shall be incorpor.�teci inlo and :,hall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instnunent. [Check applicable box(es)]_ 0 Condominium Rider � Growing �quity Rider 0 Other [specify] 0 Planned Unit Development Rider � Graduated Payment Rider ��-4R(NE) �sso� � Page 7 of 8 Initials: , i� i�,�