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201502065
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Last modified
7/21/2017 1:49:13 AM
Creation date
4/3/2015 1:52:30 PM
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DEEDS
Inst Number
201502065
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��15����5 <br /> If the pt�v�er of�a�e��in�oked,Trust�e shall rec�rd�nvt�ce of default�n each count�in which any <br /> part�f the�'rvperty�s�o�ated and�h��l mail capies�f such not�ce in the manner presGribed by <br /> app���cable law ta Borr�vver and to the ather persons prescrxbed by app�icab�e law.After the t�m� <br /> re�uired by ap��i�able�aw,Tru�tee shal�g�i�ve pub�ic notice of�ale tv the persan�and in the manner <br /> pres�r�bed b���ppl�cab�e�aw.TruStee,�i.thaut demand on�arra�er,�ha�l s��.i the Pro�erty at public <br /> auCti�n tv the hi��est bidc�er at the time�nd place and under the terms d�signated�n�he n�tice�f sale <br /> in ane or�nore parce�s and�n any�rder Trustee determines.Trustee m$�po�tpane sale of all�r any <br /> parcel o�tbe Pr�perty by public annaunc+ement at the time�nd place af an�previously sc�eduled sale. <br /> Lender ar its designe�may purcha�e the Pr�perty at any sa�e. <br /> If the�ender's�nterest in thi��e�urit�Instrument is held by th��e�retary and the Secretar�requ�res <br /> immediate payrnent in fu�l under Paragraph 9,the Secretary may invoke the nanjudicial�a�ver af sale <br /> pro�id�d�n the S�ngie Family Martgage�'�rec�Q�ure Act of 1994 �"A�t"}�12 U,S,C. 3751 et.seq.� by <br /> request�n�a fvreclosure�ommissianer des�gnated under the Act to c�mmence f�re�lasure and t�se�� <br /> the P�raperty a�provided�n the Act.Nothing in the preceding sentence shall deprive the Secretary of <br /> a�ny ri�ghts atherwise�vailab�e t�a Lender under this Paragra�h 18 or applicabl�law. <br /> Upon receipt of payr�ent of the price bid,'�rustee shal�de��v�r t�the purchaser Trustee's deed <br /> convey�n�the Froperty.The recitals�n the Trustee's deed sha��be prima fa�ie evidence af the truth of <br /> the stat�ements made there�n.Trustee shall app�y the prviceeds�f the sa�e�n the following nrder: �a�ta <br /> �I�casts and expe�►ses�f exer�ising the pvvv�r�f saie,and the sa�e,�n�lud�ng the payment of the <br /> T�stee's f�es a�tu�ily incurred and reasanable attQrneys'fee�as perm�tted by Applicable Law;�b�ta <br /> �lI sums�ecured by this Se�urity Instrument#and(�}any�xcess ta the�ersan ar persons l.egally <br /> entitled tQ it. <br /> '19. Re�4�vey�n��.�,Jpon payment af al�sums se�ured by t�is S�curity Instaru�nentA Len�er sha�l request <br /> Trustee to reconvey the Propexty and sha�l surren�er this�e�urity�n�trument and all notes e�ridencing debt <br /> secured b�.this Sec�ur�tSr In.�i�rument ta Trustee.Trustee sha��recvnvey the Property without warranty and <br /> v�i�hou�charge to the person�r persons legal�y entitled to it. Such�e�r�on or persans shall pay any <br /> recordatia�.costs. <br /> 2�. Su bstitut�Trust�e.L��der, at its opti�n, may from time to time remove Trustee and appoint a succes�or <br /> trustee to any�ruste�appo�n��d her�und�r b�an instrument iec�rded in t�e c�un�y�n which this Securi� <br /> Instru.�ment is reGorded. Without conveyance of the Pr�pe�-�y,t�.e successor trustee shal�su�ceed to ail�he <br /> tit�e,po�er and dut�es c�nfened upon Trustee herein and by applicable la�v. <br /> �1. Requ���for N�t�ces.Bo�row�r requests tb.at�apies of�he notices af d�fault and sa�e be sent to Borrower's <br /> address�r��ch is�he Progerty Address. <br /> ��. R�de�ta th is Seeu r�t�f nstru ment.If one ar more riders are executed by Bon�wer and recorded <br /> taget�.�r��th this�ecurity Instrum�nt,the c�venants af each su�h rid�r shal�be incorparated into and shall <br /> arnen�.and su�pl�ment the covenants and agreements af this Securit�Instrument as if the rxder(s��ere a part <br /> of this�ecurity Inst�ument. ��heck applicable box(es��. <br /> 0 Condarri�niurn Ri.der � C"rrowin E ui Rider � �ther s ecify <br /> � q �Y P <br /> � ��anned��i�Dev��opmen�Rider [� Crradua�ed Payment l�ider ���a 1 At a c h e <br /> FHA Morttiqage W�TH MERS-NE #�evised 4f9B <br /> VMR� VMP4N(NE}(1302�.4D <br /> Wa�ters I{luwer Financiaf��rvices Page 8 of 14 <br /> q���381�7932 0�33 425 D�1Q <br />
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