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201403486
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201403486
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Last modified
7/20/2017 11:25:41 AM
Creation date
6/12/2014 12:33:14 PM
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DEEDS
Inst Number
201403486
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��14�345� <br /> �� � If the power�f saie is in�oked,Trus�ee sha�l record a notice�f default in each county�n which an� <br /> part vf the Property is located and shall mail cvpies of such notice in the manner pr�scribed by <br /> applic�ble law to Borrower and to the ath�r persons prescribed by appli�able�aw.After the time <br /> required by applicab�e iaw,Trustee shall g�ve pub�ic not�ce vf sal�ta the pers�ns and in�he mann�r <br /> prescrib�d by applicab�e�aw.Trustee,v�ithau�demand on B�rrower,shall sell#he Property at public <br /> auction to the highest b�dder at the time and place and under the terms designated in the n�tiCe�f sale <br /> in one or more parcels and in any arder Trustee determines.Trustee may postpane sale of all ar any <br /> parcel�f the Froperty by pubi�c ann�uncement at the time and place of any pre�iausly s�heduled sale. <br /> Lender or its des�gnee may pur�hase the Propert�r at any sale. <br /> If the Lender's inter�est in thi�Secur�ty Instrument is he�d by the Secretary and�he�ecretar�requires <br /> �mmediate pa�ment in�'ul�under Paragraph 9,the Secr�tar�may in��l�e the nonjud�cial power of sale <br /> pravided in the Single Fam���Mortg�ge Fvreclosure Ac�of 1994 �"Act"}�12 U.S.C. 3751 et.s��q.} by <br /> � requesting a forecl�sure cammissianer de�ignated un�er�he Act to cQmmen�e f�rec�osure and t�sell <br /> �he prop�rty as pr�vided in the ACt,Nothing in the preceding sentence�hall deprive�he Secretary of <br /> any ri�hts vther�is�a�ailable�a a Lender under this Paragraph 1$vr�ppli��ble law. <br /> Upon receip�of payment of the pr�ce bid,Trustee sha�l deli�er�o the purchaser Trustee's deed <br /> canveying the Property.The r��itals�n the Trustee's deed�hall be prir��facie ev�dence of the truth of <br /> the�tatements made therein.Trustee shai�apply the proceeds of the saie�n the foi��wing ard�r: �a}�o <br /> ��l costs and expenses of exercising the power vf sale,and the sale,including the p�ym�nt o�the <br /> Trustee's fees actually incurred and reasonable attarneys'fees�as permitted b�Appii��b�e Law; �b}to <br /> alI sums secured by thxs Securit�Instrument; and�c�any excess to�he person ar persons Iegal�y <br /> �nt�t�ed to it. <br /> �19. Reconveyance.Upvn payment of a�1 sums secured by this Security�nstrumen�, Lender shall request <br /> Trustee ta reconvey the Property and shall surrender this Security Ins�rument and a11 no�es evidencing debt <br /> secur�d by th�s Se�urity Instrument to Trustee. Trustee shal�reconvey the Proper�y�vithou�tivarranty and <br /> tivithout charge to the per�on�r persans legal�y entitled to it. Such person or persans sha�I pay any <br /> recordation c�sts. <br /> ��. Su bstitute Trustee.Lender, at it�optian, may from time to time remove Trustee and appoin�a successor <br /> trustee to any Trust�e appoi�ted hereunder by an ir�s�rument recorded in the cnunty i�.�uhich th�s Securit� <br /> Instrumen�is recarded. �Vithout conveyance of the Property,�he successor trustee shall succeed to all the <br /> tit�e,power and dt�ties conferred upon Tru�tee herein and by applicable 1aw. <br /> 2'I. Requestfor hlatiees.Borro�v�r requ�sts that capies of the natices of default and sale be sent to Borrower's <br /> address which is th�Property Addres�. <br /> 22. Rid�rs to th is 5eeu r�ty 1 nstru mer�t.If one or mflre riders ar�executed by Borrower and r�corded <br /> together with this Securit�Instrument,the covenants of�ach such rider sha11 be incorpara�ed inta and sha�l <br /> am�nd and supglem�nt the covenants and agr�ements of this Security Instrument as if the rider�s}�vere a part <br /> of this SeGurity Instrument. �Ch�ck appl�cable box(es}]. <br /> � Candominium Rid�r � Gravving Equity Rid�r � �ther specify <br /> 0 Planned Un�t Developmen�R�der � Graduated Pa�rment Rider L eg a� �t ac h e <br /> FHA Mortgage WITH MERS-NE � Re�ised 4I96 <br /> VMP� VMR�N�NE}�9342}.0� <br /> W�Iters�luwer Finar�cial 5enrices Page 8 of 1� <br /> q033Z$161�Zf ��33 392 �81U <br />
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