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<br /> � 18.Forerlosure Procedure.V Lender requlres Immediate payment in full andea�paragraph 9,Lender may �� -
<br /> � invoke the power of saie aad any oWer remedies permitted by apptieabte law.Leader sba0 be entit[ed w oolled : ,` -
<br /> _ all expenses incurred in pursuing the remediss under tdts psiragraph 18,inciad'mg,but not limited to,reasonable
<br />� attoraeys'fees and cost4 of tiHe evidence. . . __. ___.- ---� _; _ _ . '. _; -_• _-
<br /> If the power of sale is invoked,Tras3ce s6a11 record a noYlcepf,de€a�si/in>eddi t0utr'i{9 m whicb any part of
<br /> a the Property is [ocated and s6aR mail oopifs of sucb �llce�in W�mmml�.p��sCn.`bp� by applisabte law to . ; ..
<br /> � Borrower and to the oiher persons prescribed by aPPh�able�`�law.Atter tiiet�me r�ed by applicable law, . . . ;_. ,`
<br /> � T►v.gtee shall gIve pnblic natice ot saiP to the pwsans aud in the mamaer pr�eribe�by applira6le taw.Trustee, � ' -.: °
<br /> � wlthout demand on Borro�rer,shall seU the Proper4y at pn61�c aactton to 4he highest 6idder at the tiffie and ptace ,.' . .
<br /> and nnder the terms desigaated in the raotice of sale In oae or more psirrcets and is any order Trnstee determines. �` • �_� �4=.�'�
<br /> Trastee magr pos4(�one sale oY sll or anp p�rce2 of the Property bp pu6lic announcement at the time and ptace of , � `:°�
<br /> any previonsly schednled sale.Lender or iis designee map pwctsase the Property at any sate. � ` ` ' ._.=
<br /> If the Lender's nnterest in this Security Instrument is heid by We Secretary and the Secretary requtres � '�`��>.�.
<br /> � imme�iate payment m faD under Faragraph 9,the Secretary may invoke the nonjudiciai power of sale provided � �� `��""'+-
<br /> in the Singte Fam�7y Mortgage Foreclosare �Ad ot 1944 ("Act") (12 US.C. 3751 et seq.) by reqnesting a ' �'�`.`'�r ��
<br /> forectosare commisdoner des3gnated ander the Act w oommence foreclosuce and to se[I the Prape�ty as . , � �:' ���_.
<br /> provided in the Aci. Nothing in the precedtng sentence shaD deprive the Secretary of any rights otherwis� �°` '
<br /> � ��
<br /> ava�7abte to a I.ender aader thig Paragraph 19 or applicabl�taw. - �`
<br /> � .;,"�:�
<br /> Upon r�t of payment of 4he price bIfl,Trastee shaD deliver to the p�urchaser Trastee's deed conveying -• �-�"���
<br /> ! the Property.T6e recttals in the Trustee's deed shaD be pr�a fade evidence af the trath of the statements miade . .,�������_�
<br /> therein. Trustee s6af1 apply the proceeds of the sa�e in the fo�owing order: (a) to aU costs and expenses ef •. . � _ .
<br /> s �_ -
<br /> ��� exerasing the power of sale,and the sale,inclading the payment of the Trustee's tees actually iacurred,uo!to " '°'�'': �.
<br /> } pcceed 3.o00 °k of the priadpal amoant of the note at the t+me ot the declaration of defantt, �����- •,
<br /> an�reasonable a4torneys'fees as permitted by I�w;(b)to all sums secared bq t6is Secarity Instrument;and(c) . � •� , , ,, ,��.,
<br /> any excess to t6e person or persons tegally entttted to it. .� �'E
<br /> 19.Reconveystnce.Upon payment of all sums secured by this Security Insuument,Lender shall request Trustee to ''� �`"'
<br /> reconvey the Property and shall sumender this Security Instrumenc and all notes evidencing debt secured by thi4 Security . � � _
<br /> Insts�ment to Trustee.Trustee shafl reconvey the Propeaty withnut warranty and without charge to the person or persons T � ' _
<br /> legally enritled to it.Such person or persons sLall pay any recordation cost�. . �..',�` �� �;�� ;: _
<br /> ?A. 5u6stlOute'frasiee.Leader,at its option, muy from dme tn qme remove Trustee and appoint a successor '�� � . -
<br /> _ �.., : •
<br /> wstee w any Trustee appointed h�eunder by an instrument recorded in the county in which this Securiry Instrument is . ,T .�i ::.
<br /> cecorded. Without conveyance of the Pcoperty.the successor trustee shall succeed to a11 the at1e,power and dudes x '�'
<br /> wnfeared upon Tnutee berein and bY aPPlicable law, . ��'' .�
<br /> /J�f
<br /> Zl.Request[or Noticea Borrower reqa�sts that copies of the nodces of default and sale be sent to Borrower's =�- m
<br /> address cvhich is the Yioperty Address. �'. `_���
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<br /> rL.Riders to thi9 Security Ias�rament If one or more riders are executed by Borrower and recorded wgether � . ��,,��: �
<br /> ��.,�xw--t
<br /> aith this Security Instrument, the covenants of each such ridea shall be incorporated into and shall tunend aad �.;_;,��,:x�,:-;
<br /> su lement the covenants and a ents of this Securi Instrument as if the rider(s) w�e a art of this Secari �''- ""
<br /> PP 8rcem lY P LY :���-
<br />� Insaument[Chectc applicable box(es)]. .�::. :.
<br /> 0 Condomini�un Rider 0 Grovring Equity Rider ❑ Other[specifYl .. - 'k.;,�.,.+r
<br /> � Planned Unit Development Rided � Grad�ated Fayment Rider :?r.y�:.��^----�1�•
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<br /> ��R(NE�ceeoa�.o� Pag�7 ot 8 In�ttata: �� ;
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