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201500671
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Last modified
4/14/2015 11:47:10 AM
Creation date
2/3/2015 8:43:38 AM
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DEEDS
Inst Number
201500671
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place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br />determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br />and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses <br />of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br />reasonable attorneys' fees as permitted by applicable law; (b) to all sums secured by this Security Instrument; <br />and (c) any excess to the person or persons legally entitled to it. <br />If the Lender' s interest in this Security Instrument is held by the Secretary and the Secretary requires <br />immediate payment in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided <br />in the Single Family Mortgage Foreclosure Act of 1994 ( "Act ") (12 U.S.C. 3751 et seq.) by requesting a <br />foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided <br />in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to <br />a Lender under this paragraph 18 or applicable law. <br />19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee <br />to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally <br />entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a <br />fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered <br />and the charging of the fee is permitted under applicable law. <br />20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument <br />is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by applicable law. <br />21. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower' s <br />address which is the Property address. <br />22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together <br />with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. <br />[Check applicable box(es)] <br />El Condominium Rider <br />0 Planned Unit Development Rider <br />Non -Owner Occupancy Rider <br />0 Graduated Payment Rider <br />❑ Adjustable Rate Rider <br />El Other [Specify] <br />FHA NEBRASKA DEED OF TRUST - MERS <br />NEDOTZ.FHA 06/12/14 Page 7 of 9 <br />El Growing Equity Rider <br />0 Rehabilitation Loan Rider <br />201500671 <br />DocMag/c <br />www.docmagic.com <br />
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