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201402438
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Last modified
7/20/2017 11:02:25 AM
Creation date
4/28/2014 9:43:58 AM
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DEEDS
Inst Number
201402438
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��14��435 <br /> If the p�wer of sale is�nvol�ed,Tru�tee shall rec�rd a not�ce of�efault in each county in which any <br /> part v�the Pr�perty is Iocated and shall mail cop�es of such no#i�e in the manner pres�ribed by <br /> applicable�aw to B�rrQ�ver and to the 4ther p�r��ns prescribed by app�icable law.After the time <br /> required by applrcable law,Trustee sh�li give pub�ic notice of sale to the persons and in�he manner <br /> prescribed by applicable law,Trustee,w�ithvut demand an Borrower,shall selI the Froperty at pub�ie <br /> au�tiQn�o the highest bi�der at the time and place and under the terrns designated in the nati�e of sa�e <br /> in ane or more parcels and in any arder Trus�ee determines.Trustee ma�postpvne sale�f all ar any <br /> parce�of the Property by public announcement a��he time and place af�ny�re�iously s�heduled sa�e. <br /> Lender ar its desi�nee may purchase the Property a�any sale. <br /> I�the�ender's interest in this Se�uri��nstru�nen#is held by t�e Secretar�and the Se�retary requires <br /> immediate paymer�t in full under Paragraph 9,the Secretary may invvke the nonjudi�ial power vf s��e <br /> prvvided in the Sing�e Family Mortg�ge Ftireclosure Aet of 1994 �"Act"��1� U.S.C. 3751 et.seq.} by <br /> requesting a foreclosure cammissinner designate�t under the Act to comm�nce fareclasure and ta sel� <br /> the Property�s prnvided in the Act.Nothing in the preceding sen.tence shall depri�e the Secretary vf <br /> any rights otherwise a�ail�ble to a Lender under th�s Paragraph 1$vr aPplicable law. <br /> Upvn receipt of payment of the price bida Trustee shall de�iver to the purChaser Trustee's dee� <br /> con�eying the Property.The recitals in the Trustee's deed sha�l be prima faC��e�idence af the truth of <br /> the stat�ments made therein,Trus#ee shall apply the proceeds vf the sale�n the fo�la►wing order: �a)t� <br /> all costs and expenses of exercising the pawer vf sale,and the sale,including the payment of the <br /> Trustee's fees actually in�urred and reasonable attorneys" fees as perm�tted by Applicable�aw; {�}to <br /> ail sums secureti by this Security Instrument;and�c}any excess tv the per�on or persons legally <br /> entitled to it. <br /> �19. Reevnveyance.Upon payment of a�1 sums secured�y this S�curity�nstrument, Len�.er sha�l re�ues� <br /> Trustee to recon�ey th��'roperty and shalt surr�nd�r this Security Instrument and a11 notes e�ridencing debt <br /> secured by th�s Security Instrument to Trustee.Trustee shal�reeonvey the Property without warranty and <br /> without charge ta the person or persons 1egally entitled to it. Such person or persons sha1�pay any <br /> recordation ca�ts. <br /> Z�. Substitut�Trustee,Lender, at its optiaa, may from time to time rem�ve Trustee and appoint�suc�essor <br /> truste�to any Truste�appaint�d hereunder by an instrument record�d in the counry in which this Security <br /> Instrument is recorded. Withaut eanveyance of the Pr�perty,the suGcessor trustee shatl succeed to all the <br /> title,pawer and duties conferr�d upon Trustee herein and by app�icable tavv. <br /> �1. Requsstfar Natiees.Borrower request�that cvpies of the notices of default and sale be sent to Borrower`s <br /> address which is the Property Address. <br /> Z�. Riders to th is Security I nstrument,If one or mare riders are execute�l by Borrower and recorded <br /> together with this Security�nstrument,the covenants of each such rider sha�l be incorporat�d into aad sha11 <br /> amend and supplement the co�enants and agreements of this Secur�ty Iastrument as if the rider(s�were a part <br /> of this Security Instru.ment. �Check applicable b�x[�s)]. <br /> 0 �ondominium Rider Q Crrowing Equity Rider � �ther specify <br /> � Pian.ned Unit De�e�opment Rider ❑ Crraduated Payment Rider L eg a� At ac h e <br /> FHA Mort9age WtTH MERS-NE Revised 4196 <br /> VMP� VMP4N�NE}�1342).Q4 <br /> Woiters Kluwer Financial Services Pa�e 8 of tU <br /> qo��z�o�a�lz az3� �3z os�o <br />
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