201301902 - Laserfiche WebLink

Browse

201301902 If the power ol sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed In applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable lash Trustee shall );is a public notice of sale to the persons and in the manner prescribed by applicable law. I roster. without demand on Borrower, shall sell the Property ?it public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order trustee determines. Trustee may postpone sale of all or am parcel of the Properly by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment inn full under l'aram apt 9. the Secretary uua■ ins oke the uogjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 199.1 ("Act")(12 t .S.C. 3751 tI.,r,i.) tH' requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall depris e the Secretary of any rights otherwise available to a Lender under this Paragraph IS or applicable law. Upon receipt of payment of the price hid. Trustee shall deliver to the purchaser 1 rustee's deed conserving the Property. The recitals in the F rustee's deed shall he prima facie es idence of the 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 payment of the 1 rustee's fees actually incurred and reasonable attorneys' fees as permitted by ,\pplicable Law; ih) to all sums secured by this Security Instrument: and (c) any excess to the person or persons legally entitled to it, 19. Reconveyance.Upon pu■turul of all sous secured ty this Security lushument Leudel shall rcquesr Trustee to reconve.,the Property and shall surrender this Senn ay instrument and all POWs evidotrm!;debt scored by this Security h artuncul to Trustee. Trustee hall rcconcec-ttie Property without rr:,rrain and without charge or the person or per:,ou, legally entitled to it. Stick person or per>.nn shall ray ally, recordation costs 20. SubstituteTrustee. (.:nd'er. at it, option. may from fimc fit (1n:e remrw. Tru:Jee and app,rut a MICle,m0 trustee lei au,; trustee appointed hereunder b) au tn'truraent recorded rut the ceom• ill tsiuch llris S.'i tinny brstrttrarnr is'berm tic 'JJrthout uarvev.mee of the Pr' oetts• tie suecess.lr fluster :,hall succeed to all the title. power and dune,eoutcncd upon Trustee herein and by upphcabie law 21. Requestfor Notices. Borrower iegtests That copies of the notices of dckialt and sale be scot lo Rorrr•\tcr's address which i. the Property Address. 22. Ridersto this Security Instrument.If rite or more ricks_. are executed by Borrower and NO sled together silk this Secunly Instnanent the covenauts of click such rid:;,hall b; lnctapoiated into •md shall amend :aid supplement the covenants sand agreements 01 this Security Instrtu;teul as it the nderus) were a pawl ref this Sc'eunty In.hvmcnt. !Check applicable boxtes)i. Coad,olninium Rider � Growing Huns. Rider Other lsspceifyl Planned Unit Development Ricks Graduated P.>>nlvot Rider ILI":11 i P.tLF•CIIr•U --,Min 9v•r.rrla�rSn • ! IM 111HhI mill■Wolrars luwer uanaal cro I I