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201504161
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Last modified
7/21/2017 2:47:27 AM
Creation date
6/22/2015 1:30:39 PM
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DEEDS
Inst Number
201504161
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��15�41�1 <br /> If the pawer�f sale is invaked,Trus�ee shall record a notice af defau�t in each count�in which an� <br /> part of the Propert�is located and shall mai�copies of such notic�in the rnanner prescr�bed by <br /> applicable law�o Borrower and to the other persons prescribed by applicab�e law.After the tin�e <br /> required by applicable law,Trustee sha��give publi�natice o�sale tv the persons and in the manner <br /> preseribed by app��cable law.Trustee,without demand on Sorrvwer,shall sel�the Property at pub�ic <br /> auction#�the highest bidder at the time and place and under the terrr�5 designated in the notice of sale <br /> in ane or more parce�s and in any Qrder Trustee determines.Trustee m�y pastpone sale of a�i�r any <br /> parce��f the Prop�rty�y public announcement at the time and place of any previ�usl�scheduled sale. <br /> Lender or its designee m�y purchase the Frvperty at any s�le. <br /> If�he Lender's interest in�h�s Secur�ty Instrument is held by the Secretary and the Secretary requires <br /> immediate payment in full under Paragr�ph 9,the Secretary may in�ake the n�njudicial power of s�le <br /> provided in the Sing�e Family Mortgage Fore�losure Act of 1�94 �"A�t"}�12 U.S.�, 3751 �t.�eq,} by <br /> requesting a f�re�lasure cornmissioner designated under the Act to cvmmence farec�osure an�to sell <br /> �he Property as pro�ided in the Act,Nothing in the preceding sentence shal�deprive the Secretary af <br /> any rights otherwise availab�e to a Lender under this Paragraph 1S vr applicable Iaw. <br /> Upvn re�eipt�f p�yment af the price bid, Trustee shall deli�er to the pur�chaser Trustee's deed <br /> �onveying the Property.The recitals in the Trustee's deed shal�be prima facie e�idence of the truth of <br /> the statemen�s made therein.Trustee shall�pply the proceeds vf the sale in the follawing o�der: �a�tfl <br /> all costs anc�expenses�f exercising the pvvver af sale,and the sale,in�ludzng the payment of the <br /> Trustee's fees actualiy incurred�nd reasonable attorneys'fees as permitted by Applicable Law; �b}to <br /> all sums secured by this Security Instrurr�ent; and �c} any excess to the persan ar persons legal�y <br /> entitled ta i�. <br /> 'I�. R��on►►eyanee.Upon payment�f all sums secured by this Security Instrument, Lender sha��re�uest <br /> Trustee to recon��y the Pr�p�rty and shall surrender this Security�nstrum�nt and a�l notes evidencing deb� <br /> secured by this Se�urity Instrument to Trustee. Trustee shali recon�ey the Property without warranty an�i <br /> without charge to the person or persons�egally entitled to it, Such person or persons shall pay any <br /> recordatian costs. <br /> 2�. 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 count�in which thi�Secur�ty <br /> �nstrument is rec�rded. Without canveyance of the property,the successar truste�sha11 succeed to all the <br /> t�tle,power and duties conferred u�an Trust�e herein and by applicable law. <br /> Z�I. Requestfor Notiees.Borrower reques�s that copies of the notices of default and sale be sent to �orrower's <br /> address�vhich is the Property Address. <br /> 22. Ri�lersto th�s Security Instrument.If one or more riders are executed by Borrower and recorded <br /> together with this Se�urity Instrument,the co�enants of�ach such rider sha11 be incorp�rated into and shall <br /> amend and supplement the covenants and agreements of this Security�nstrument as if the rider�s��vere a part <br /> af this Secur�ty Instrument. [Check applicabie box�es}]. <br /> 0 Condominium Rider 0 Crrawing Equi��Rider � �ther specify <br /> 0 Planned Unit Development Rider 0 Crraduated Payment Rider ��g a 1 At a c h e <br /> FHA Mortgage WITH MERS-NE Re►�ised 4196 <br /> VMP� VMP4N(NE}�1342}.DO <br /> Wolters Kluwer Financia!Services Page 8 af 10 <br /> q�3341322119 �z33 353 �810 <br />
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