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201108149 If the power of sale is invoked, Trustee shall record � notice of clefault in each county in which any part of the Property is located and shall anaal copies off sucla notace in the m�nner pa°escrflbed by applicable law to Borrower and to the other p�rsons prescrabed by applicable law. After the time required by applicable law, Trustee shadl gfive public notice of sale to the persons and 'aad the rxianner �prescribed by �pplicable la�v. Trustee, witlaout demantl on Borro�rer, shall sell the Property at publec �uction to the lughest bidder at the time and place and under the terms desigaiated °en the notflce of s�le in one or more parcels and in any order Trustee determines. �rustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, ttee Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage ForeclostnreAct of 1994 ("Act")(12 U.S.C. 3751 et seq.) by requesting a foreclosure commissfoner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the pa�eceding sentence shall deprive the Secretary of any rights otherwise av��lable to a Lender under tteis Paragraph 18 or �pplicable law. gJpon receipt of payment of the prfce bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. Tlae recitaHs fn the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. �rustee shaZl 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 Trustee`s fees actually incurred, not to exceed 5. �Q�% of the principal amount of the note at the time of the declaration of default, �nd 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. Reconveyance.Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender t}us Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee 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. SubstituteTrustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor irustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 21. Requestfor Notices. Bonower 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 Instrument.If one or more riders are executed by Bonower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement tlne covenants and agreements of this Security Instrument as if the rider(s) were a pa.rt of this Security Instrument. [Check applicable box(es)]. � Condominium I2ider CI �rrowing Equity Rider 0 Planned Unit Development Rider � Graauated Payment I2ider FHA Mortgage WITH MERS-NE VMP � ii �iiii�iiiii ��iiooiioiieiiiiiiiiiisii q43303 55 0 � Other [ specify l Legal Attached a��tsea a�ss anena� noa VMP4N(NE) (1105).00 Page 8 of 10 � � � �