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201407692
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201407692
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Last modified
12/11/2014 12:27:21 PM
Creation date
12/8/2014 2:53:31 PM
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DEEDS
Inst Number
201407692
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t E Family— Fannie hine/Fre ldic Mac UNIFORM I? STIRUh1J*4I <br />rraM 2acao r coo r,p -uteri (revs. t1 1112paps) <br />200611427 <br />201407692 <br />Hazardous Substance affecting the Property is necessary. Borrower shall promptly Nike all necessary rcmcdial actions in <br />accordance with Linvirouniunttal Law. Notting herein shall create any obligation on Lender for an 'environmental Cleanup. <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 <br />unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (h) the action required to cure the <br />default; (c) a date, not leaf than. 30 days from the date the notice is ;weal to Borrower, by which the default must be <br />cured; and (d) that failure to cure the default on or before the date specified in the notice may result in aceeleratim of <br />the sums Secured by this Security Instrument and sale of the Property. The notice small further inform. Borrower of <br />the right t.>reinstate after acceleration and the right to bring a court action to a..ert the nun - existence of a default or <br />any other de reuse of Borruwer to acceleration and side. 11 the default is not cured on or befmre the date specified in the <br />notice, Lender at its option may require imarecdiatc payment in full of ull sums secured by this Security Instrument <br />without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. <br />Lender shall be entitled to eollei:t all expenses incurred in pursuing the remedies pi ided in this Seethes 22, <br />including, but not limited to, reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee Shall record a notice of default in each county in which any port of the <br />Property is located and shall mail copies of such notice in the manlnur prescribed hr Applicable Law to Borrower and <br />to the other persons prescribed by Applicable Law. After the time required by Applicable Law. Trustee shall give <br />public notice of sale to the persons and In the manner prescribed by Applicable i,nw. Trustee, without demand on <br />Borruwer, shalt sell the Property at public auction to the highest bidder at the time and place and under the terms <br />designated In the notice or sale in one or more parcels and in any order Trustee determines. Trustee may postpone <br />sale of all or any parcel of the Property by public announcement ut the time and place of any previausly Scheduled <br />sale, .L,ectder o.rits dcsigncc dray purchaec the Property at any Sale. <br />Upon receipt of payment of the price bid, 'fresher shall deliver to the purchaser Tntstetes deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth or the statements made therein, <br />Trustee shall apply the proceeds or the sale in the following order: (a) to all costs and expenses or exercising the power <br />of sale, and the sale, irteltrling the payment of the Trustee's files aeletaIIy incurred and reoeonable attorneys' fees as <br />permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any tonasss to the person or <br />persons legally entitled to it. <br />23. Reeonveyanee. Upon payment of all surds secured by this Security Instrument, Lender shall recpiest Trustee to <br />reconvey the Property and shall surrender thirty Security Instrument and all notes evidencing debt secured by this Secoriw <br />Instrument to Trustee, 'Trustee shall reconvey the Property without wrrminty to the person or person.] legally entitled to it. <br />Se:r:b person or persons 'malt pay any rep m:Istioa costs. Lender may charge such person or parsons a fee for rconveying the <br />Property, but only if die fee is paid to a third party (such as the Trustee) fur services rendered and the elturgiag of Ate fee is <br />permitted under Applicable Law, <br />24. Substitute Trustee. Lender, at ice option, may front time to time etnove Trustee and appoint s successor trustee to <br />any Trustee appointed hereunder by an icrstrutnaat recorder iu tea wtutt.y in whirl. this Security lustrua etst is reeurJeti, <br />\Vithuut conveyance of the Property, the successor trustee shall succeed to all the title planer and Hallett conferred upoc <br />Trueteo herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice at default and sale be sent to Bon-owe, s address <br />which is the Property Address. <br />ode <br />Norm 311243 lilt e <br />To C,dar Chti: 1- 93?.5:Y10-93g90For Bit 51 51-1131 <br />
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