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2Q�107513 yf the power of sale is invoked, Trastee shall recoad a notice of default in each connty 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 reqnired by applicable law, Trastee ghall give pnblic notice of 5ale to the persons and in the manner prescribed by applicable law. Trastee, withont demand on Borrower, shall sell the Property at pnblic auction to the highest bidder at the time and place and nnder the terms designated in the notice of sale im one or more parcels and in any order Trnstee determines. Trastee may postpone sale of all or any parcel of the Property by pnblic annonncement at the time and place of any previously scheduled sale. Lender or its designee may pnrchase the Property at any sale. If the Lender's interest in this Secnrity Instrument is held by the Secretary and the Secretary reqnires immediate payment in fnll nnder Paragraph 9, the Secretary may invoke the nonjndicial power of sale provided in the Single Family Mortgage ForeclosureAct oi 1994 ("Act")(12 U.S.C. 3751 et seq.) by reqnesting a foreclosure commissioner designated under the Act to commence foreclosnre and to sell the Property as provided in the Act Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender under tlus Paragraph 18 or applicable law. Upon receip4 of payment of the price bid, Trastee shall deliver to the pnrchaser Trastee'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. Trastee shall apply the proceeds of the sale in the following order: (a) to all costs and eapenses of eaercising the power of sale, and the sale, including the payment of the Trastee's fees actually incwrred, not to esceed . 000 % �f the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Secnrity Instrament; and (c) any ezcess to the person or persons legally entitled to i� 19 Reconveyance payment of all sums secured by this Security Instivment, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trnstee 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. SUbstltute Trustee, Lender, at its option, may from time to time remove Trnstee anci appoint a successor trustee to any Tnistee appointed hereunder by an instrutnent recorded in the county in which this Security Instrument is recorded. Without conveyance of the Ptoperly, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 21. Requestfor Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 22 Ridersto this Security lnstrument one or more riders are executedby Borrower and recorded together with this Security Instnunent, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Inshument 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 Gtaduated Payment Rider FHA Dead of Trust-NE 4/98 VMP � VMP4R(NE) (1105).00 Wolters Kluwer Financial Services page 8 of 90