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201210500
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Last modified
7/20/2017 10:04:59 AM
Creation date
12/12/2012 10:07:06 AM
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DEEDS
Inst Number
201210500
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201210500 <br /> If thc power of sale is im�oked,Trustee shail record a noticc of default in cach count}°in which anf� <br /> part oF the Property is located and shall mail copics of such notice in the manner prescribed by <br /> applicable law to Bursower anA to the other persons prescribed by applicable law. After thc timc <br /> required by applicable law,Trustee shall pve public notice of sale to the persons and in the manner <br /> prescribed by applicable law. Trustee,without demand on Bormwer,shxll sell the Pruperty at public <br /> auction to the highest hidder at the time and place and under the terms designated in the notice of sale <br /> in une or more parcels aod in any arder Trustee determines. T�vstee may postpone sale of all or any <br /> parcel of the Property by public announcement at the time and place of anr previously scheduled sale. <br /> Lender or its designee mav purchase the Propertp at an} sale. <br /> ff the Lender's interest in this Securitp Instrument is hcld by thc Secrctary and tNe Secretarr rcquires <br /> immediate payment io full uader Paragraph 9,the Secretary may invoke the nonjudicial po�rer of sale <br /> provided in the Single Family Mortgxge ForcclosureAct of 1994("Act")(12 U.S.C. 3751 ef.seq.) by <br /> requesting a foreclusure commissioner designateA under the Act to wmmence foreclusure and tu sell <br /> the Pruperty as provided io the Act Nothing in the preceding sentence shall deprive the Secretary nf <br /> an}� righte othernise available to a Lender under t6is Paragraph 1R or applicable laH. <br /> Upan receipt of payment of the price bid,Trustee shall deliver to t6e purc6aser Trustee's deed <br /> comey�ing the Property. The recitals in the Trustce's decd shall be prima facie eridence oF tl�e truth of <br /> the statements made therein. Trustce shall apply the proceeds of the sale in the following order: ('a)to <br /> all costs and ex�enses of excreising the power of sxle, and the sale,includiog the payment of the <br /> Trustee's fees actuall}' incurred,nut tu excced .000 �/„of thc principal xmount of <br /> the note at t6e time oF the dcctaration of default,aud reasona6le attornevs' fees as permiited by law; <br /> (b)tu all sums secured by this Securitp instmmenl; and(c)anc exccss ta thc person or persons legall} <br /> entitled to it. <br /> 19. Reconveyance.Upon pa�ment of all sums securedby this Secunt} Instrument, Lender sliall request <br /> Truslce to reconvey flie Property and shall surrender this Secunty Instrument and all noles evidencing debt <br /> secured by this Security [nstrument to Tmstee. Tmstee sUall xeconvey fl�e Pmperty without wananry and <br /> without charge to the person or persons legally entitled to it. Such person or persons shall pay any <br /> recordation costs. <br /> 20. SubstituteTrustee.Lender, at its option, mar'from time to time remove Tmstee and appoint a successor <br /> trustee to acry Trustee appointed hereundex by an insfiiment recorded in the com�ty in wl»ch this Secnrity <br /> Instnzment is recorded. Without comeyance of the Propertc,the successor trustee shall succccd to all the <br /> tiUe,po��er and duties conferred upon Tmstee herein and by applicable la�v. <br /> 21. Requestfor Notices.Borrower requests tliat copies of the notices af defanit and sale bc sent Io 8orrower's <br /> address�vMch is the Properi}•Address. <br /> 22. Ridersto this Security Instrument.If one or more nders are esecutedby Borrowcr and recorded <br /> together with this Security Instrument, the covenants of each such rider shall be incocporated into and sl�all <br /> amend and snpplement the covenants and agreements of this Security Ins[rument as if the rider(s)were a part <br /> of YMs Security InstrumcnL [Check applicable box(es}J. <br /> � Condominium Rider � Growing Equity Rider � Other �specify] <br /> � Planned Unit Development Rider � Gradnated Payment Rider <br /> Faa o�d a r.�n-NE a.�sa <br /> VMP� VMP4RME)(1105J 00 <br /> Wotters Klw,er Financial Serv ces Page 8 of?0 <br />
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