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<br /> t8. �oreclosure Proccdure.if Lender requires immediute pnyment in full under paragraph 9, Lender muy �.-�:T�°�,�,';;_-_
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<br /> (nvoke the puwer of sule and any other remedtes permitted by applicable law.Lender shall be entitled to collect • �� ,.mW,�:--
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<br /> All expenses incurred In pursuing the �emedtes under th(s paragraph 18. Including, but not 1lmited to, �. �y,;,,�..-
<br /> rcasanableattorneys' feesand costs oftitleev(dence. L��_��---
<br /> if the power of sale is Invoked,Trustee shall record a noNce of default in euch county in wh(ch any pan of � "�`•'.�.'�-- -- __,_ __
<br /> • the Property is loceted and shall mail coples of such ttotice in the manner prescribed by applicable law to : :'^'��
<br /> Borrower and to the other persons prescrtbed by appltcable law. After the time requtred by applicuble law, ,.s�'_
<br /> Trustee shall give publtc notice of sale to the persons and in the manner prescribed by appltcable law.Trustee, �_� __
<br /> without demand on Borrower,shap sell the Property at public auction to the highest bidder nt the ttme and ,��:
<br /> �� % place end under the terms desiQnated in the nottce of sale in one or more parcels and in any order Trustee • �l'n
<br /> � -� determinu. ',.wtee n �y postp me sale of �ll or any parcel of the Property by publtc announcement at the time ,sti�•
<br /> � and place of any previously scheduled sale...ender or its designee may pu�chase the Property at any sAle.
<br /> it the Lender's intertst in this Security Instrument fs held by the Secretary and the Secretary requires
<br /> immediate payment in full under Psragraph 9, the Secretary may Invoke the non,]udiciul power oP sele _ __..
<br /> � provlded In the Single Family Mortgage Foreclosure Act of 1994("AcN')(12 U.S.C.3751 e�seq.) by requesting __
<br /> a foreclosure commissloner designated under the Act to commence toreclosure and to se11 the Property us ��:.
<br /> , • provided fn the Act. Nothtng in the precedtng sentence shall deprive the Secretary of any rtghts otherwtse �
<br /> uvailable to a I.ender under this Parngraph 18 or applicable law.
<br /> Upon receipt of ps►yment ot the price bld,Trustee shall del(ver to the purchaser Trustee's deed conveying �
<br /> the Property. The recttals fn the Trustee's deed shell be prima facte evidence oP the truth of the statements
<br /> mede theretn.Trustee shall upply the proceeds of the sale in the following order: (a)to ull costs and expenses of _
<br /> exercisina the pawer ot sale, and the sale. including the payment oi the Trustee's fees actually incurred, not to =_
<br /> exceed f 1 ve % of the principal umount of the note at tne time of the cieciarstion oC defuuzt, _- •
<br /> und reasonoble attorneys'fees as permitted by law; (b)to all sums secured by this Security Instrumenh and(c) :�_.
<br /> any cxcess to the person or persons legslly entltled to It. -
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<br /> ' l9.Reconveyance. Upon payment of all sums secured by this Security Instrument. T..ender shall request Trustee � �
<br /> to reconvey the Property and shall surrender[hls Security Instrument and all notes evidencing debt secured by this �-,��•
<br /> , Security Instrument to Trustee.Trustee shall reconvey the Property without wananty and without charge to the
<br /> person or persons legally entitled to it.Such person or persons shall pay any recordation costs.
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<br /> 4::
<br /> "E0.Substttute Trustee. Lender,at its option, may from time to time remove Trustee and appoint a successor ,�
<br /> � trustee ta any Trustee appointed hereunder by an instrument recorded in the county in which this Securicy Instrument ��
<br /> y is r�corded. Without conveyance of the Property, the successor trustee shall succeed to all the tide,power and duties �-_
<br /> �q conferced upon Trustee herein and by applicable law. �- :
<br /> � tl.Request for Nottces. Borrower requests that copies of[he notices of default and sale be sent to Borrower's •'��-�----
<br /> address which is the Propeny Address. ,_—
<br /> � 12.Riders to this Securlty Instrument.lf one or more riders aze executed by Borrower and recorded together �' _ --_ _
<br /> N with this Securiry Ins�rument. the covenants of each such rider shall be incorporated into and shall amend and ���•�_
<br /> � �J��w
<br /> ^ supplement the covenants a�id agreements of tUis Security Instrument as if the rider(s) were a part of this Security �' r --
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<br /> � Instrumr.nt. [Check applicablc box(es)�.
<br /> f �] Condominium Ridcr ❑ Growing Equity Rider � Other[specifyJ lj�,_•.., - .�`�?,�'
<br /> a �� Planned Unit Oevelopnxnt Rider ❑ Graduated Payment Rider MOr'tgdge Addendum �;• �'•��� j��
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