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201108245 If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable la�v to Borrower and to the other persons prescribed by applicablc law. After the time required by appticablc law, Trustee shall give public notice af sale to the persons and in the manncr prescribcd by applicablc law. Trustcc, without dcmand on Borrowcr, shall scll thc Property at public auction to thc highest biddcr at the time and place and under thc terms designated in the notice of salc in onc or morc parccls and in any ordcr Trustcc detcrmine.s. '1'rustcc may postponc salc of' all or any parcel of'the. Property by public announcement at the fime 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, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage ForeclosureAct of 1994 ("Act")(12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the 5ecretary of any rights otherwise availaUle to a Lender under this Paragraph 18 nr applicable law. Upon receipt of payment of the price bid, Trustce 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 made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all wsts and expenses of exercising the power of sale, and the sale, including the payment of the Trustce's fees actually incurred, not to exceed . 000 �/„ of the principal amount of the note at the fime of the declaration of default, and reayonable at�nrneys' fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c) an,y excess to the person or persons legally entitled to it. 19. Reconveyanee.Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and a11 notes evidencing debt secured by this Security Instruinent 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. Lcndcr, at its option, may from timc to timc rcmovc Trustcc and appoint a successor trustcc to any Trustcc appointcd hercundcr by an instniment rccordcd in thc county in which this Sccurity Instrumcnt is rccordcd. Without convcyancc of thc Property, thc succcssor tnlstcc shall succccd to all the titic, powcr and dutics confcrrcd upon Tnistcc hcrein and by applicablc law. 21. Requestfor Notiees. Bonower requests that capies of the notices of default and sale be senf to Borrower's address which is the Property Address. 22. Ridersto this Seeurity Instrument.If one or m.ore riders are executed by Borrower and recorded together with this Security Instn►ment, tbe covenants of each such ,rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instniment as if the rider(s) were a part of this Security Instrument [Check applicable box(es)]_ � Condominium Rider � Growing Equity Rider 0(�ther [specify] � Planned Unit Development Rider 0 C;raduated Paytnent Rider 4196 FHA Deed of Trust-NE VMP4R(NE) (1105j.00 VMP OO Wolters Kluwer Financial Services Page 8 of 10