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201502553 <br /> permitted by law, the notice shiall further inform Borrower of the raght to reinstate after acceleration and <br /> the right to bring a court actio�i to assert the non-existence of a default or any other defense of Borrower to <br /> acceleration and sale. ll'the default is not cured on or before the date specified in the notice, Lender at its <br /> option may require immediate payment in full of all suins securecl by this Security Instrument without <br /> further demand and may involke the power of sale and any other r�medies permitted by Applicable Law. <br /> To the extent permitted by la��v, Lender shall be entitled to collect all expenses incurred in pursuing the <br /> remedies provided in this Section,including,but not limitecl to, reas�nable attorneys' fees and costs of title <br /> evidence. <br /> If the power of sale is invoked,Trustee shall record a notice of defanit in each county in which any part of <br /> the Property is located and sha�ll mail copies of such notice in the ma�nner prescribed by Applicable Law to <br /> Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable <br /> Law, Trnstee shall give public notice of sale to the persons and in the manner prescribed by Applicable <br /> Law. Trustee,without demand on Borrower,shall sell the Property at public auction to the highest bidder <br /> at the time and place and under the terms designated in the notice of sale in one or more parcels and in any <br /> order Trustee determines. Trustee may postpone sale c�f all or any parcel of the Property by public <br /> announcement at the time and place of any previously sch�eduled sale.Lender or its designee may purchase <br /> the Property at any sale. <br /> Upon receipt of payment of th�e price bid, Trustee shall d�eliver to the purchaser Trustee's deed conveying <br /> the Property. The recitals in th�e Trustee's deed shall be p��ima 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 <br /> expenses of exercising the power of sale, and the sale, incRuding the payment of the Trastee's fees actually <br /> incurred and reasonable attoroeys' fees as permitted by Applicable Law; (b) to all sums secured by this <br /> Security Instrument; and(c) a�iy excess to the person or pf�rsons legally entitled to it. <br /> Reconveyance.Upon payment of all sums sec«red by this Security Instrument and termination of Barrower's right <br /> to obtain further advances under. the Contract, Lender shall request Trustee to reconvey the Property and shall <br /> surrender this Security Instrument and all contracts evidencing debt secured by this Security Instrument to Trustee. <br /> Trustee shail reconvey the Property without warranty to the pe;rson or persons legally entitled to it. Such person or <br /> persons shall pay any recordation costs. Lender may charbe such person or persons a fee for reconveying the <br /> Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of <br /> the fee is permitted tmder Applicable Law. <br /> Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br /> to any Trustee appointed hereunder by an instrument reeorded in the county in which this Sect�rity InstrumenY is <br /> recorded.Without conveyance of the Property, the successor trustee shalA succeed to all the title,power and duties <br /> conferred upon Tnistee herein and by Applicable Law. <br /> Reqnest for Notices.Borrower requests that copies of the notice of default and sale be sent to Borrower's address <br /> which is the Property Address. <br /> BY SIGIVING BELOW, Borrower accepts and agrees to the terms and covenants contained in all pages of this <br /> ecuri st ent and in any Ride exec ted by Borrower and recorded with it. Signed, nd sealed by Borrower: <br /> G � � �? � <br /> �' (Seal) ' z�. �eal)� <br /> � , <br /> erence L Holcomb Date Step: anie L Holcomb Date <br /> OO 200�L2014 Compliance Systems,Inc.495S-60C1-2013L23.1.803 <br /> Consumer ReaL Estate-Security Instmment DL2036 Paee 6 of 7 www.compliancesystems.com <br />