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201506739
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Last modified
7/21/2017 8:30:35 AM
Creation date
10/1/2015 11:06:16 AM
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DEEDS
Inst Number
201506739
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��1 5�6739 <br /> If the power of sale is invoked,Trustee shall recard a natice of defauit in each county in which any <br /> part of the Property is�ocated and shall mail capies of such notice in the manner prescribed b� <br /> applicable law ta Barrower and to the ather persans prescribed by applicab�e law.After the time <br /> required by applicabie law, Trustee shali gi�e public notice of sale to the persons and in the manner <br /> prescril�ed by applica�le law_ Trustee, withau�demand�n Barrawer, shall sell the Praperty at public <br /> auction to the highest bidder at the time and place and under the terms designated in the notice af sale <br /> in one or more parcels and in an�order Trustee deterrnines. Trustee may pastpone sa�e af all or any <br /> parce�af the Property by pu�lic ann�uncement at the time and place af any pr��i�usly scheduled�ale. <br /> Lend�r or its des�gnee may purchase the Property at any Sale. <br /> If the Lender's interest in this Se�urity Instrument is held by the 5ecretary and the S�cretary requires <br /> immediate payment in full under Paragraph 9,the Se�retary may in�oke the nonjudicial power of sa�e <br /> prv�ide�in the 5ing�e Family Mortgag�Foreclosure Act of 1994�"Act"}(1 Z U.S.�. 3751 et seq.}by <br /> requesting a fore�losure commissioner de5ignated under the Act to cammence forecl��ure and to seli <br /> the ProperLy as pro�ided in the Act. Nothing in the pre�eding sentence sha�l deprive the Secretary of <br /> any rights otherwise a�ailable�o a Lender under thi5 Paragraph 18 or applicable law. <br /> Upon receipt of payment�f the price bid,Trustee shall deliver to the purchaser Trustee's deed <br /> conveying the Property. The recitals in the Trustee's deed shall he prima facie evidence of th�truth af <br /> the statements made therein.Trustee shall apply the proceeds of the sale in the following order: �a�to <br /> ali costs and expenses of ex�rcising the power af sale,an�the sale,including the paym�nt of the <br /> Trustee's fees actual�y incurred and reasonable attorneys' fees as permitted by Applicable Law; �h}to <br /> all sums se�ured�y this Security Instrument; and tc�any excess ta the person nr persons legally <br /> entitled to it. <br /> 19. Reconveyan�e.Upon payment of all sums secured by this 5ecurity Instrument, I.ender shall requ�st <br /> Trustee to recon�ey the Prvp�rty and shall surrender this�ecurity Ins�rurnent and all notes evidencing debt <br /> s�cured by th�s S�curity Instrurnent to Trustee. Trustee shall r��anvey the Property without warranty and <br /> without charge�a the person or persons Iegally entitl�d ta it. 5uch person or persans shall pay any <br /> recordation c�sts. <br /> ��. Substitute Trustee. Lender,at its optian, may from time to time remove Trustee ar�d appoint a su�cessor <br /> trustee to any Truste�appointed hereunder by an instrument recarded in the�ounty in which thi5 Security <br /> Instrument is recorded. Without con�eyance of the Property,th�successor trustee shall succeed to all the <br /> title,power and duties �onferred upan Trustee herein and by applicable law. <br /> 21. R�quest far N�ticQs. Borrower requests that copies of th�notices �f default and sale b�sent to�orrawer's <br /> addres s which is the Property Address. <br /> 2�. Riders ta this Se�urity Instrument. If one or more riders are executed by Borrower and r�corded <br /> tagether with this 5ecurity Instrument,the cov�nants af each such rider sha11 be incorporated inta and shall <br /> amend and supplement the co�enants and agreements of this Security Instrument as if th�rider�s}were a part <br /> of this 5ecurity Ins�rument. [�he�k applicable bax(es}]. <br /> [] �ondominium Rider ❑ �rowing Equity Rider ❑ �ther [specify] <br /> 0 Planned Un�t D��elopment Rider [] �'rraduated Pa�ment Rider <br /> 159735587 �49�114982 <br /> FHA Mvrtgaga WITH MERS-NE Revised 4196 <br /> �Mp� VMP4N�NEy(1302y.Q0 <br /> Walters Kluwer Financial Serv�ces pagB g af 1 a <br /> ��� <br />
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