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201208059
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201208059
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Last modified
7/20/2017 9:53:46 AM
Creation date
9/27/2012 10:51:53 AM
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DEEDS
Inst Number
201208059
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201208059 <br /> If the power of sale is invoked,Trustee shall record a uo6ce of default in each county in which any <br /> part of the Property is located and shall mail copies of such notice in the manner prescribed by <br /> applicable law to Borrower and to the otLer persons prescribed by applicable law.After the time <br /> required by appllcable law,Trustee shall give public notice of sale to the persons and in the manner <br /> prescribed by applicable law.Trustee,without demand on Borrower,shall sell the Property at public <br /> auction to the highest bidder at the time aud place and under the terms designated in the notice of sale <br /> in one or more parcels and in any order Trustee determines.Trustee may postpone sale ot all or any <br /> parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br /> Leuder or its designee may purchase the Property at any sale. <br /> If the Lender's interest in this Security Iustruroent is held by the Secretary and the Secretary requires <br /> immediate payment in full under Paragraph 9,the Secretary may invoke the nonjudicial power of sale <br /> provided in the Single Family Mortgage ForeclosureAct of 1994 ("AcP')(12 U.S.C. 3751 et seq.) by <br /> requesting a Foreclosure wromissioner desi�ated under the Act[o commence foreclosure and to sell <br /> the Property as provided in the Act.Nothing in the preceding sentence shall deprive the Secretary of <br /> any rights ot6erwise available to a Lender under this Paragraph 18 or applicable law. <br /> Upon receipt oF payment of the price bid,Trustee shall deliver to the purchaser Trustee's deed <br /> conveying the Property.The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br /> the statements made therein.Trustee shall apply the proceeds of the sale in the following order: (a)to <br /> all cos[s and expenses of exercising the power of sale,and the sale,includiug the payment of the <br /> Trustee's fees actualty incurred and reasonable attorneys' fees as permitted by Applic�ble Law; (b)to <br /> all sums secured by this Security Instrument;and(c) any exceas to the person or persons legally <br /> entitled to it. <br /> 19. Reconveyance.Upon payment of all sums secwed by this Security Instrument, Lender shall request <br /> Trustee to reconvey the Property and shall surrender this Security Iustrument and all notes evidencing debt <br /> secured by this Securiry Instrument to Trustee. Trustee shall reconvey the Property without wamanty and <br /> without charge to the person or persons legally entitled to it. Such person or gersons shall pay any <br /> cecordation costs. <br /> 20. SubstituteTrustee.Lender, at its optiou, may from time to time remove Trustee a¢d appoint a successor <br /> trustee to any Tmstee appointed hereuuder by an instrume¢t recorded in the county in which this Security <br /> Iastrument is recorded. Without conveyance of the Proper[y,the successor trustee shall succeed to all the <br /> title,power and duties conferred upon Trustee herein and by applicable law. <br /> 21. Requestfor Notices.Bonower requests that copies of the uotices of default and sale be sent to Borrower's <br /> address wkuch is the Property Address. <br /> 22. Ridersto this SecuNty Instrument.If one or more riders aze executed by Borrower and recorded <br /> together with t}us Security Instrument,the covenants of each such rider shall be incorporated into and shall <br /> amend and supplement the covenants and agreements of this Securiry Instrument as if the rider(s)were a part <br /> of this Security Instrument. [Check applicable box(es)]. <br /> � Condominium Rider ❑ Growing Equity Rider � Other[specify <br /> � Plamed Unit Development Rider 0 Graduated Payment Rider Legal Attache� <br /> VMP��9a�WITMMERS�E III�IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII �MP4�,NE�;�,�of� <br /> Woltere Kluw�erFlnenclal5ervlces <br /> q0 309004900 0233 373 0810 � <br /> � <br /> .�-�- ✓ <br />
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