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�. � <br /> 18. Foreclosure Procedure. If Lender requires immediate payment in full under p g�i�ph 9, (ider�86 <br /> invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect <br /> all expenses incurred in pursufng the remedies under this paragraph 18, including, but not l[mited to, <br /> reasonable attorneys' fecs and costs of title evidence. <br /> If the power of sale is invoked, Tnutee shall record a notice of default in each county in which any part of <br /> the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to <br /> Borrower and to the other persons prescrlbed by applicable law. After the time required by appl[cable law, <br /> Trustee shall give public notice of sale to the persons and in the manner prescrlbed by applicabie law. Trustee, <br /> without demand on Borrower, shall sell the Property at public audion to the highest bidder at the time and <br /> place and under the terms designated in the notice of sale in one or more parcels and [n any order Trustee <br /> determines. Tn�stee may postpone sale of all or any parcel of the Property by public announcement at the time <br /> and place of any previously scheduled sale. I.ender or its designee may purchase the Property at any sale. <br /> If the I.ender's interest in this Sec�rtty Instrument is held by the Secretary and the Secretary requlres <br /> immediate payment in fall under Paragraph 9, the Secr�ary may Invoke the non�udlcial power of sale <br /> provided In the Single Family Mortgage Foreclosure Act of 1994 ("Ad") (12 U.S.C. 3751 et seq.) by requesttng <br /> a foreclosure commissioner designated under the Ad to commence foreclosure and to sell the Property as <br /> provided in the Act. Nothing ln the preceding sentence shall deprive the Secretary of any rights otherwise <br /> available to a I.ender under this Paragraph 18 or appticable law. <br /> Upon receipt of payment of the price bid, Tn�stee shall deliver to the purchaser TnLStee's deed conveying <br /> the Property. The recitals ln the Tnistee's deed shall be prlma facte evldence of the truth of the statements <br /> made therein. Tn�stee shall apply the proceeds of the sale in the following order: (a)to all costs and expenses of <br /> exercising the power of sale, and the sale, including the payment of the Trustee's fee.s actually Incurred, not to <br /> exceed5.00 Rb of the principal amount of the note at the time of the declaration of default, <br /> and reasonable attorneys' fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c) <br /> any excess to the person or persons legally entitled to it. <br /> 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee <br /> to reconvey the Property and shall sunender this Security Instrument and all notes evidencing debt secured by this <br /> Security Instmment to Trustee. Trustee shall reconvey the Property without wamanty and without chazge to the <br /> person or persons legally entided to it. Such person or persons shall pay any recordation costs. <br /> 20. Substitute Trustee. Lender, at its opdon, may from time to dme remove Trustee and appoint a successor <br /> trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument <br /> is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the tide, power and duties <br /> conferred upon Trustee herein and by applicable law. <br /> 21. Request for Notjces. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br /> address which is the Property Address. <br /> 22. Riders to thls Security Lutrument. If one or more riders are executed by Bonower and recorded together <br /> with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and <br /> supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br /> I ent. [Check applicable box(es)]. <br /> �Condominium Rider � Growing Equity Rider 0 Other [specify] <br /> � Planned Unit Development Rider � Graduated Payment Rider NIFA ADDENDiJM <br /> ��-4RINE)�eeo�► v.fle�o�e, i�ii�.:� <br />