201200337 - Laserfiche WebLink

Browse

201200337 If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Properry is located and shall mail wpies of such notice in the manner prescribed by Applicable Law to Borrower and to tbe other persons prescribeA by Applicable Law. Aftar tLe thne required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. T�ustee may postpone sale of all or any parcel of the Property by pubGc announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee 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 costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' f'ees as permitted hy Applicable Law; (b)to � all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. ReCOnveyance. Upon paynien[ of all sums tiecured by this Security Instrumenf, Lender shall requcst Tmstee to reconvey t6e Proper[y and shall sur�ender this Securily Instrument and all noles evidencing deb[ secared 6y [his Security I��strume�t tn Trustee. Trustee shall reconvcy t6e Property without warranty to Che person or persons legally entitled to it Such person or persons shall pay any recurdation cus[s. I,ender may charge such person or persons a fee for reconveying the Properly, b�t only if the fee is pald to a third party (such as the Tivstee) for services rendered and the charging of the fee is permif[ed uitder Applicable Law. 24. Substitute T�ustee. Lender, at ils option, may frum time to time remove Trustee and appoint a successor trnstee to any Trustee appoinled hereunder by an instrument recorded in die county in which lhis Security Inswment is recorded. Without conveyance oF fhe ProperCy, the successor trustee shall succeed to all the tltle, power and duties conferred upon Trustee herein and by Applicable Law. 25. Request for Notices. Borrower reqaests that copics of the notice of default and sale be sent to Iiorrower's address which is the Property Address. I I oot t zzezono5 �oon zzezoaos� NEBRASKA-SingleFamily-FannicMac/FretltlicMZCUNIFOR�dINSIHUMENI WIIHMERS Fortn30281/Ot VMP O VMP6A(NE)(1ID5).00 Wolters Kluwcr financial Scrvices Pagc 15 of 1]