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201207753
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Last modified
7/20/2017 9:51:56 AM
Creation date
9/18/2012 2:34:25 PM
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DEEDS
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201207753
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201207753 <br /> 18. Forecl�e Procedm�e.If Lend�r¢q�res immediatB paym�i in fuII�d�paragraph 9, Lpnd�may <br /> invoke the pow�of sale and any oth�r�edips permitted bY aPPlicable 1aw.L�d�'s�taII be enNtled to coIIect <br /> aII � incurred in m��iug ihe r�ed�tes �d� this paragrziph 18. inclnding+ b� not Hmited to, <br /> �P p <br /> reasonable attorneys'fees and c�s of tule evid�c� <br /> If the pow�of sale i�imoked,Trastee shaII record a notice of dei'ault�Lt�ch comty in tvffich a�ay part of <br /> the Propprty � located and sLaII mail copi� of s�uch notice in the mann� prescrmed bY $PPn�ble law to <br /> Borrow� and to the oth�p�ons prascribed bY aPPH'able 1aw. Aft� the time req�red by applicable law. <br /> Trnstee shaII give pnbHc notice of sale ta the p�sons and�n the mann�prescribed by apP�i'able Iaw.Trustee, <br /> witho� d�and on Borrow�, shaII spII the Prop�ty at pnblic anction to the hi�est bidder at ihe tlme and <br /> place and �d�the t�ms desigpate� ➢n the notiice of�le➢n one or more parcels and in aqy ord�Trastee <br /> d�erm➢nes.Trastee may pos�pone sale of aII or a�ry parcel of the Propeaty bY Pub�c amo�cem�t at the Nme <br /> and place of a�ry previously schednle��le.Lend�or its de4i�ee may pm�chase the Prop�ty at any sale. <br /> If the L�d�'s mt�e� in thi4 Secnrity In�rmnent is held by the Secretary and the Secretary reqnirQa <br /> immed�iate paym�t m faII �d� Paragraph 9, the Secrefary may invoke the no�ndicial pow� of sale <br /> prov➢ded in the S➢ngde Family Mortg�e Forerl�re Act of 1994("Act") (12 U.S.C. 3751 et seq_)by reqne�Log <br /> a foreclasm�e commis�on� des�tated �d� the Act to comm�ce foreclasm�e and to � ihe Prop�ty as <br /> provided in the AcL Nothiog ia the preceding s�t�ce a�aII d�rfve the Secretary of any ri�ts othe�w�e <br /> available to a L�d��d�this ParagapL 18 or applicable law_ <br /> Upon recp3pt of paym�t of the price bfd,Trast�shaII de]iv�to the pm�chaser Tru�ce's deed conveying <br /> _ the Prop�ty. The redtals in the TYas�ee's deed shaII 6e prima fade evidmce of the irath of the�at��ts <br /> made ihea�dn 7Y�a�ee sLaII apply the proceeds of the sale�Lo�the foIIowing ord�:(a)to aII costs and eap�of <br /> egercising the powez of sale, and the sale,inclnding the paym�t of the 1�nstee's feas actually fincm�red,not to <br /> �� o.o 0 0 %of the prf�cipal amo�t of the note at the time of the declaratiton of defanit, <br /> and reativnable attorneys' £ecs as permftted by law; (b)to aII�s secnred by tLis Secm'il3'Insh'��t; and(c) <br /> any eac�c to the p�son or p���legaDy entitled to fG <br /> 19. Reconveyanca Upon p�yment of all s�mv4 sec�ed by this Secimtty Ins�mte�, I,ender sLall request Trastee <br /> to recomey the Properiy and shall sim�ender tl�s 5ec�uiLy Tnstrume�and all notea evidencing debt sec�ued by fhis <br /> Secwity Instnrme� to 'Ilvstee. 1�vsbee shall zecom�ey �e Property witiiout warra�.y and wiffiout chaige to fhe <br /> pe�son or peisons legally entifled to it 5uch peison or peisons shall pay a�recordatlon costs. <br /> 2A. Snbsdtate 1�v.stee. Lender, at fis option, may from fime to time iemove Trustee and appoint a successor <br /> tivstee to any 1Yvsbee appuinted heremmder by an inshnmie�recotded in the coimty in which this Sectu'ity Iffitrmne� <br /> is recorded. Wi�o�comeyance of�e Properiy, �e successor�vstee shall succeed to all the 1ifle, �wer and duties <br /> confer:ed tqwn Tn�stee herein and by applicable law. <br /> 21. Reqnes#for Noticea. Borrower reqaests t�aR copies of�e nolices of default and sale 6e se�to Borrower's <br /> address which is the PtoperLy Address. <br /> 22. Rald�s to tLis Secmity In�r��L If one or more dders a�execubed by�rrower and recorded together <br /> with 1�is Secmity Insh�eu� fhe covena� of each such dder shall be incorporabed into and shall aucend and <br /> suppleme��e covenants and ag�e��s of fhis Sec�uity Inslnm�eM as if the rider(s) were a part of�s Secwity <br /> Instr�mient [Check applicable box(es)]. <br /> 0 Condominiimt Rider 0 G�owing�'9�dt9 Rider 0 Other ISI���YI <br /> � Planned Umit Developme�Rider 0 �duated Payme���r <br /> 86161337 ��NN��� <br /> �41VCIV�(sao2).o� r��ore ,�, � `a` n <br /> ��A�` <br />
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