201207093 - Laserfiche WebLink

Browse

201207093 If the power of sale is invoked,Trustee shall record a notice of default in each county in which aoy part of the Property is located and shall mail copies ot such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law.After the time required by Applicable Law,Trustee shalt give public notice of sale to the persons and in [he manner prescribed by Applicable Law.Trus[ee,wi[hout demand on Horrower,shall sell the Property at public auctian to the highest bidder at the time and place and under the terms designated in the notice otsale in one or more parcels and in any order Trustee determines.Trustee may postpone sale of all or any parcel of the Property by public aououncement at the tiroc and place ot any previously scheduled sale. Lender or its designee may purcNase the Property at any sale. tipon receipt of pavment 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 t6e 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 paymeni of the Trustee's fees nctualty incurred and reasonable attorneys'fees as permitted by Applicable Law; (b)to all sums secured by this Security Instrument; and(c)nny excess[o the person or persuns legally entitled to it. 23. Reconveyence.Upon payment of all sums secured by this Security Instrument, Lender shall requcst Trusu•c to reconvey the Property and shall surrender this SecuriTy Tnstrument and all notes evidencing debt secured by this Security Inslrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for ieconvzying the Property, but only if the fee is paid to a thvd party (such as the Trustee)for sernices rendered and the charging of the fce is pennitted u�der Applicable L,aw. 24. SubstituteTrustee. Lender, at its option. may&om time to time remove Trustee and appoint a sucecssor trustee lo xny Trus[ee nppoinled hereunder by ttn inslrumenl recorded in the county in which this Securi[y iustmment is recorded. Without conveyance oT the Property, the successor trustee shall sncceed to all[he title,power and duties conferred upon Trustee herein and by Applicable Law. 25. ReqUestfor Notices.Borrower requests that copies of the notice of default and salc be scnt to Bonowcr's address which is the Property Address. NEBRP.SKASingle Fam ly-Fannle MaelFretldle Mac UMFORM INSTRUMENT N�ITH MERS Porm 30281I01 VMP C9 VMPBAINE)(1105).00 Wolte�a Kluwer Financlel SeMms Psge 15 of 11 II I I I'I'll I I III III�I'I I I II I IIIII I I II II I I I IIIII'll q03309249118 0233 313 1517