201600952 - Laserfiche WebLink

Browse

2� 1 ��952 Acee�era�ion; Rernedies, Lender shall gi�e noti�e �� Borr�wer prior to acceieration following �orr�wer'S breach af any cov�nant or agreement �n �his Securi�y Ins�rument (but not pr�or to ac�elera�ion under �he s�c�ion titled Transfer of the Proper�y or a Benefi�ial Interest in Borrower,un�ess App�ica��e I�aw provides o�herwis�}. The notice shal� specify: �a} �he defau�t; �b} the actian requir�d t� cure the default; �c} a date, no��ess than th�minimum number of days established by Appli�abl�Law from the date the notice�s given to Borrov�er, by vvhich the d�fau�t must be cured; and �d} that failure to cure the defau�t 4n or before the date speci�ed in the n��ce may result �n ac�eierat��n flf the sums 5ecured by this Security Instrument and sa�e of th�Property. To the ex�ent perm�tted hy�aw, the n�tice shal� fur�her�nfflrm Borrower of�he right tfl re�nstate after a�ce�erat�on and the right to bring a �our� ac�ion t� assert the n�n-existence of a defau�t or any�ther defense of Borrower to acceleratinn and sale. If the default �5 na� cur�d �n or befor�the da�e spec��d �n the not�ce, Lender at zts �ption may require immediate payment in fuil of aI� surns secure� by th�5 Securi�y Instrumen�wi�hout fur�her d�mand and may invoke the power of sale and any o�her remedies permi�ted by App�icable I.1aw. To the extent permitted by law, Lender shalI be en�itled to �o��ec� ai� expenses incurred in pursuing the remedies pro�ided in this Sectian, in�lud�ng, but nat l�m�ted ta, reasonable attorneys' fees and costs of��tZe evidence. If the pawer of sale �� invaked, Trustee shall record a no�ice af default in each c�unty�n which any part af the Property is Iocated and sha��mai��opYes af such natice in the manner prescribed by App�icable Law to Borrovv�r and �a the other p�rsons pre�cribed by App�icable Law. After the �ime required by Applicable Law, Trustee shal� g��e pu�liG no�ice of�a�e to the persons and in the manner pres�ri�ed by App�icabie Law, Trustee,without dernand on Barrower,�hall seil the Praperty at public au��ion to the h�ghest bidder at the t�me ar�d place and under the�erms de��gnated in the nflt�ce of sale in one or more parcels and�n any �rder Trustee deterrnines. Truste� may postpone sa�e af a�l �r any parce� of the Pro�er�y by public ann�uncement at the t�me and place of any pr��iaus�y scheduled sa�e. Lender or its d�sig�ee may purchas� the Proper�y at any sale. TJpon receipt tif payment nf the price bid, Trustee sha�� deliver to the purchaser TruStee's deed con�eying �he Property. The recitals in �he Tru�tee'S deed sha�l be prima facie e�iden�e uf the truth �f th�statements made there�n, Trus�ee sha�l apply the proceeds of the sale in the fo�l�wing or�er: �a� ta aIl �osts and �xpenses of exercising the povver of sale, and �he sale, �nc�uding the paymen� af the Trustee's f�es actua��y incurred and reasonabie a��orneys� fees as permi�ted by App�ica�le Law; (b} to all sums secured by this Securi�y Instrumen�; and�c}any ex�ess to the persan or persons legally entit�ed�a it. Recon�eyance. Upnn paymen� of a�� sums secured by th�s Secur�ty �nstrument, Lender shall reques� Trus�ee �o recon�ey�he �'roperty and sha�l surrender�his Security Ins�rum�n� and al� notes e�idenci.ng debt secured b��his Security ��s�rumen� �o Trustee. Trustee sha�� recon�ey �he Property vWi�hout warran�y �o the �aerson ar persans 1egal�y er�t��d�o it. Such person �r p�rs�ns shall pay any recorda�ion cos�s. Lender may �har�e �uch persan or persons a �ee �or recon��ying the Prap�r�y, bu� only if the fee is paid �o a third par�y �such as the Tr�s�ee� for ser�ices rendered and the chargxng of the fee is permitted under App�icab�e Lavv. Su�as�itute Trus�ee. Lender, a� i�s op�ion, may fr�m��.me ta tim.e remo�e Trus�ee and appoi.n� a successor trustee �� any Trus�ee appointed hereunder by an instrument recarded in the caun�y �n which �his Se�urity �ns�rumen� �s recarded. Without con�eyanc�of�he Properry,�he successor trustee shall succe�d to ai��he t��le,power and du�ies conferred�p��Trust�e h�rein and by Applicable Law. Reques�fo�No�ices. B�rro�er requests�hat copie�af the notice of defaul�and sale be sen��o��rrawer's address wh�ch is�he Praperty Address. BY SrGN��G BELD�V, B�rra�rer accep�s and agrees to �he �erms and covenan�s contained in a�I pag�s of�h�s Sec ' �nstrum.en�and in any Rider ��d by Barrfl and record 4 vvi�h it. S�gned and s. led�y Borrower: � � . �.. � ` � s � �� '� � � r� � � � � ( - -� �r, ��ea�� y� �� "� f� �Seal} ff Dougl 5.�,Sch�iefer Date ,� di L S�hliefert Date C�Zfl44-2�1 S Com��iance Systems,Inc.8CS4-a8C5-2a]5.11.3,1498 Cvns�mer Real Estate-Security Instrument DL243d Page S af 6 www.camp�iancesysterns.cvm