201209931 - Laserfiche WebLink

Browse

201209931 If tt�c povver_nF snle is invalced, Trustce shall record a notice of default in cnch county in�vliicl� ��y part oT ttre Property is locate� �a�d slialI mail copies nf such nnficc in the mhnner prescribed by :�pplicnhle Inw to Borrower and to thc other persons prescribed by applica6le la�y. ATter tlie tiit�e required by upplicnbie I�rv, Truslee sh:�ll give puhlic nntir.e oT ssile to tl�e persons and in tltc manncr prescrihcd hy �pplicahle law. Trustec, �vi#hout demand on Borrotiver, s1�a11 scll tl�e Prq��erly at�ut�lic auction to tl�e liigt�esi biddcr at thc time nnd place and under thc terms designated in the�xotice of sale in o�e or more�arccls and in any ordcr Trustee detcrn�i��es. '1'ruslee:n:�y ;iustpone s.E1c of.�11 or�r�y p�rceF uP tI�r Property by p¢bIic nnnounceme�t at the tfine and place of any previpusIy scheduicd salc. Leoder or its designee rt��y purchase the E'roperty at any s�le. If the Lender's iuterest in tliis Security instrument is hcld hy thc Sccret�ry and thc Secretary requires immedinte payment in f¢ll undcr P�rngraph 9, the Secretary may involrc the no�ijudicinl ��o�ver uf salc provided in kl�e Siugle Family ibIurtg.►ge T'areclasure AcE of 1994{"Act") (i2 U.S.C. 3757 e1 seq.) by req¢esting a fareclosure co�rtmissioncr designated under tiie Act to comn�e�ice fbreciasuru and tu sell llic Pruperty:as provided in tl�e Act. Nntlting in the prece�iing seotence shall deprive khe Secret:►ry oF :►ny rights otltcnvise avniIahle tn a 1.,ender nnder thi5 Para�rapfF I8 or a�plicable law. Upun receipt nP�aymcnt pf'thc pricc hid, Trustee sl�all deliver to tlie purch�ser Trustee's deed conveying the Properiy. Thc recitals in tlxe'l'rustee's deed s1iu11 Le prim:i facie cvidence uf ti�e trutt� of the st�#cments rnadc tltcrcin. Trustce shall anply the procecds af the snlc in tlie followi�g order: (a) to �11 costs and exPexises ot excrcisi�� LI�e pnwer of sale, :�nd the s:�Ie, including the payment of#Le Trustee's fecs actually incurred n�d re�son:�bIc:�ttorneys' fees as permitte� by Applicnhle Law; (h)tn �11 sums sectarcd hy this Securify Ins#rument; �nd {c)ar�y excess to thc person or persons Ieg:tlly entitled to it. 9 9. Reconveyance. Lipon payment of ali sums secured by tl�is Security Instrument, Lendcr shuli rcqucst Trustee to reconvey thc Property and shal! surrender this Security li�strun�ei�t and all notes evidencing debt secured by this Security [nstrument fo Trustee. Truslee shal! reconvey the Property without warrunty and withnut char�e to the person or persans leg�lly entitled to it. Such person or persons shall pay any recordaiion costs. 2Q. Substitute TruSYee. Lender, at its optian, may fiom tirr�e to time remove Trustee anc�appoint a successor trustee to uny Trusiee tsppainEed hercundcr 6y an instrument rccorded 'fn the county in which this Security Instrument is recorded_ Without conveyance oF tlie k'ra��e�•ty, the successor trustee shall succeed to al[ ihe ti€le, pawer and duties cdnferred upon Trustee lierein and by applicable law. 29. Request for 1lfotices. Borrower requests tl3at capies al'thc;nutices ol'�l�l'aull uncl sale b�senl tu Borrower's nddress which is thc Properly Address. 22. Riders to tfiis Security InStCumeRt. [f one or more riders are esecuted by Horrower and recordec3 togcihcr�vith tl�is Sccurity lnstrumcnt, the covenants of°eacE�such rider shal] be incorporafed inta and sh�c]E a3net�d an�l supple�nenl LE�e cuven:�nts and agreem�nts nf this Sccurity Instrument as if the ridcr(s) were a�art of tE�is Security tnstrument. [Check applicaUle 6ox(es)]. � Ccendnminium Rider 0 Gro�ving Equity Ftider � Qtl�er rspecify] � Planned Unit Development Rider 0 Ceraduated Payment ftidee 20F2-27:i24�i4 100049740012064701 99�5 FNA M1/ort(]acJe WiTH MF,R$-NF Fiey��ed q(9C. VMP(;'J VMP4N�NE](7i09� Wol[er�Kluwer Financial Servicc, l ll2l!'1lll� 12:91 PM Page B nf 1�