98112430 - Laserfiche WebLink

Browse

,. -- - .--- � „ -;��---� .._._ --—= -- ,. _��-- _ — ,ti,_�_.��---....__ --�- - ___-�— — —=— —_ . . /� V V r ��0 Any �pplicuion of rents ah�ll not cure or w�ive�ny d�fault or Invallda2e any other right or remedy of l.cnder. Thi� :sei�c�nxnt of rents of the Prop�ity ehell terminacc when the debt soc►ircd by the Sa:urity lnsttument is paid in full. ld. Fo�rocJo�un Pteoedure• If Lender requires imnxditte pAyment in Poll under psuagraph 9,L.ender tnay invoke ihe power of ede and uiy othtr remeciles pemtltted by appliceb!e law, Lender shall be entEtled to collect �Il expenses incurred in punuing the nmedies providal in this pazagraph 18,including, but not limited to, reasonable attomeys' foea uxf costs of title evidence. If d►e power of sale is invoked, Trust� shall record a notice of default in each county in which any part of the __ property ls loated and sh�ll mail copies of such notice in the marmer prescribed by applics►ble law to Borrower ac►d to the other persons pnscribed by applicable law. After tha time requtred by applicable'law,Tcustae, shall give public notice of ssdle to the persons and in the cnnnner prescribed by applicable law. Trusta, without demund on Bonower, shall xll the Pcoperly at public auction to the highest bldder at the time and place and under the tenns designatal in the notice of sale ln one or moix parcela and in any order Ttusta determines. Trustee may postpone sale of all or any parcel of the Praperty by public announcement at th� time and place of any previousty scheduled sale. l.ender or its designee may purchase the PCoperty at any sale. Upon recelpt of payment of the pria bid,Truatce shall deliver to the purchaser Tcustee's doed conveying the Property. The recitala In the Trusta's dad shall be prima fACie evidencc of the truth of the statcmenta made therein. Trusta shnll apply the proceeda of the eeile in the following order: (a)to all costs and expeuses of exercising the power of�ale,aad thc ule. including the payment of the Truata'a foes actually iucurnd, not w exc�ed % of the pdncip�l unount of the no:e u the Nme of the doclauion of defpult, u►d reawn�bk �ttotneya' foea u permitted by lRw;(h) to �ll sums eocurod by this Securiry instrument; ��d (c) �►y excesc to thc p�rson or pereon� leatlly rnEitled to it. If 1he I.ender'� interae in�hir Socurlry Innrumrnt b held by the Secreuuy and the Secretuy requlra imrtxdlue p�yment In fl�ll under pu�r�ph 9, the Secret�ry m�y Invake the nonJudicl�l powrr of�le provided in the Sin�le F�mily Mort��e Foralo�uro Act of 1994("Aci")(12 U.S.C.3731 ��q.)by requatlna a forcclo�ure conunla�ioner dai4n�ted uader the Act to commence [oreclo�ure iu�d to �ell the Property aa providod in the Act, Nothln� In �hc precedin� �enta�a �h�ll deprive the SecKtrry+ of�ny righu otherwlK Avdlrble to x l.ender unda thle pux�a�ph 18 or �ppl(c.�ble Ikw. 19. Reooavry�ooe. Upoa ptyment of�11 eum� �ecurod by this Socudty Instrumrnt, l,ender ahall request Trustec to recoavry the Propecty u�d =h�11 aurrcnder thie Socurity Inatcument �nd �Il notea evidencing debt secured by thia Securi�y Iaatnunent to Tnutee. Truetee a1Wl roconvey thC Property without waauuy u�d without chuge to the person or perron� lsg�lty entitied to it. Such pcnvn ur pci�r,� s�ali pay a7y r�:.a:d«tica co�'w• ?jp, �pite 7Yo�fce, Lender, �t its uption, mAy trom time to time remove Truata u�d Appolnt • aucceswr trusta to uiy Tiwtee �ppointed hereunder by nn instnu�:t cocorded in the counry in which thla Secudty Insuwnent ie recordod. Witbout conveyance of the Property, the �successor truscoe shall succad to�ll ttu title,powa and dudw conferred upon Trusta herein and by applicable law. 21, Re�at toe Notiop, Bonower requeats thu copies of the aotices of defwlt iu►d sAle be sent to Borrower's sddraa which is the Pcoperty s►iddress. 22, Rfdat to thi�Soattidy Im�cummt. If one or naore dders an exocuted by Borrower and recorded tagether with th;�Security In�uucneat, the coveaants of each such rider shall be incorporated into and shall amead and supplement tho coveaanta s�ad agreemencs of this Security Instcumenc as if the rider(s) were+�part of thls Security Inatrument. [Check applic,�ble box(es)]. aCoadominium Rtder � Graduated Payment Rider a Growing Equity Rider aPlenned Unit Developme�►t Rider � Adjustable Rate Rider a Rehab[litation Laan Rider aNon-Owner Occupancy R{der a Other [Spcclfy] BY 5IGNING HELOW, Borcower accepts and agrees to the terms contained in pages 1 through 6 of this Security Instrumrnt and tn any rider(s) executed by Borrower and recorded with lt. ��Gn � O�e✓(7 _._..(Seal) �� JUAN F'. OTERO -Borrower -Borrower - �Seal) —. �Seal) -Bonowcr -Bonower r��) �SeAI) -Bonower -Borrower wirnrsc� - Y1Ill1A�. "'_""- i� _� '.� N�RASCA-FHA DHBD OP TlZUST �' o«�rn s��,�.�rc.�eoo�a�ua2 Page S of 6 ;