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201608415
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Last modified
7/28/2017 1:08:27 PM
Creation date
12/16/2016 11:03:08 AM
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DEEDS
Inst Number
201608415
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2� 1 ��8415 <br /> 5ec��on titied�r�.nsfer af the Prapert�vr a I3enef�cial Interest in Eorrower,un�ess App��cab�e Law prfl�xdes <br /> oth�rwi�e}. The no���e shal� spec�fy: �a3 �he defau�t; �b} �he ac�xon required �a cure �he defaul�; (c} a da�e, <br /> not�ess�han �he m��.imum number of days esfablished�y App��cabie]La�v fram�he date�he no�ice is given <br /> �o Fvrr�wer, by which the defau�� mus� be cured; and �d} that failure to cure the defaul� on or before the <br /> date specif�ed in the notice may resu�t�n a�celera�ian of the sums secured by �hi� Security Instrume�t and <br /> sale of�he Property. Ta the ex�ent permitted by law, the notice shall fur�her inform Barr�wer af�he r�ght <br /> �o �re�ns�ate afte�r a�ce�era�ion and �he right �a �ring a court act�on to asser� �he non�-ex�stence of a defaul� <br /> or any o�her defense of]Borrawer�v accelerat��n and 5axe. If the defaul�is not cured an or befare �he date <br /> specified �n the no$��e, I�ender at �ts ap�ion may require immed�ate paymen�in fu�� of ali sums secured by <br /> th�s Se�uri�y Instrument vt�i�hou�further demand and may�nvake the power of sale and any o�her remedies <br /> p�rm�tted by App���ala�e Law. To the extent permif�ed by �aw, Lender shali b� enti�ied to col�ecti all <br /> expenses �ncurred �n pur�uing �he remedies prov�ded �n this Sec�ion, inc�ud�ng, but not Iirnited �o, <br /> reasanab�e a��arrneys'fees and cosfs af�x��e ev�dence. <br /> If fh�power of sal�i5 in�oked, Trustee shall recard a not�ce of default in ea�h caunty�n whi�h any part af <br /> the Proper�y is�ocated and shall rna���opies of su�h no��ce�n the manner.prescr�bed by Ap�luicable Law to <br /> �3orro�ver and �o �he o��e� pers�ns prescribed by Applicable Lavw. Af�er�the �ime req.u�red by App�icable <br /> �aw, Tru��e� shal� give pub��c no�ice af 5ale to the pers�ns and in the manner�pre5cribed by Applicabl� <br /> Y�aw. Trus�ee,w���.au�de�and on Borrower, shall se��the Property a�pub�.�c:au�tian fo the h�ghes�b�dder <br /> a��he tzme and p�a�e and under the terms des�gnated in the no��c�of sale in ane or more parcels and in any <br /> order Trustee determines. Trustee may postp�ne sa�e of ali ar any parCel af �he Proper�y by public <br /> announcemen�a��h.�t�me and place of any previ�us�y 5cheduled 5aie.Lender or�ts des�gnee may purcha�e <br /> the Pr�per�y at any sale. <br /> �J�on receipt of p�y�rnent of�he price bid, Trus�e� �hall de���er t� the pur�haser Trus�ee's deed convey�ng <br /> the Propertiy. The recitals�n �he Trustee's deed shall be pr�ma fac�e eviden�e af�he truth af the statemen�s <br /> m.ade �herein. Trustee 5ha�� app�y fhe praceeds of the sale in �he following order: �a} �o a�l cas�5 and <br /> exp�nses af exercising �he po�ver of saie, and the sa�e, �nciud�ng �he paymen� �f�he Trus�ee's fees ac�ually <br /> incurred and reasonable attorneys' fees as permitfed by Applicab�e Law; �b} t� al� sums 5e�ured by this <br /> Se�urity I�s�rur�en�; and��} any excess�o tihe person or persons�egally entitled�o��. <br /> Reconveyanee. Up�n payment �f a�� sums secured by this Security �ns�rumen�, Lender shall reques� Trus�ee t� <br /> reconvey the Praper�y and sha11 surrender this Securi�y Ynstrumen� and a�� notes evzdenc�ng debt �ecured by th�s <br /> Secur��y �ns�rumen� �a Trustee. Trustee sha1� recflnvey the Pr�perty �crithout �varranty to �he person ar persflns <br /> lega��y enti�led �o it. Such person or persons sha�� pay any recarda��on cfls�s. Lender may charge such persan or <br /> persons a fee for reconv�ying the Proper�y, bu� only if�he fee is paxd to a third par�y �such as the Trustee} f�r <br /> services rendered and�he charging of the fee is permitted under App��cab��Law. <br /> Substi�u�e Trus��e. Lender, a�its opt�an, may from�ime to time remov� Trus�ee �.nd appoi�.�a success�r�rustee <br /> �o any Trus�ee appo�nted hereunder by an instrum.ent rec�rded �n the �ounty �n which thzs Security �ns�rument zs <br /> recorded. �ithout conveyanc�of th�Proper�y, the successor trus�ee shall succeed to alI�he title,po�er and dut�es <br /> canferred upan Trustee herein and by App��cable Law. <br /> �eques�for Notices. Borro�ver requests�hat cap�es of�he�.otice of defau�t and sa�e be sen���Borrawer's address <br /> whzch is�he Pr�perty Address. <br /> BY SYGN�T� BELC]�, Borrower aCcepts and agrees to �he tenns and covenan�s can�ained �n all pages of th�s <br /> Securzty Instrumen�and�n any Rider executed by Borr�wer and recorded wzth i�. S�gned and seaied by Borrower: <br /> Y� �J . � t 4 a+.� J$ <br /> .-��~ `�� ` � I 4 <br /> ..'�"� -. . .� � ��F � <br /> � , ;; �. .... S �.._ ��C..�-�.� �S e al} <br /> � � eal} <br /> - <br /> TEDDY ��DRIEWER Date JAMIE R DRIE�'L�VER Da�e <br /> C��2�04-?�1�Coznpliance Syscems,Inc.618A-4Q 1 E-2Q 15.12.3.I.i l i 5 <br /> Corasumer R�al Estate-Se�ua'ity Instrurrient IJL?a35 Pa�e S af G www.compl�ancesysteins.corn <br />
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