.. -.
<br /> �- ---
<br /> � •i l. �.���� _—_ _ _ _ _ _ _ . _1M1...ldAC.�_L..�.
<br /> � q�- soocr��
<br /> 18. Foreclasure Procedure.It Lendcr requires Immedlate pwyment in tull under parAgcaph 9,Lcnder mAy
<br /> involce the power ot ewle�nd�ny other remedies pennitted by appllcAble law.Lender sludl be ent(tled to collect
<br /> pll expense� IncurrM in pursulug the ranedies under th(s pnr�grRph 18, includlnR, but•not limit�d to,
<br /> rew�o�wble ottot�nty�'[ees�nd costs o[tiUe evidenca �
<br /> If the power ot eale Is Invoked,'IYustee shall record a nutice o[de[oult in exch�ounty la which aay p�rt of
<br /> the Propnly is loc�ted wnd shall moll copies o[�uch notice in the manner prescrlbed by applicw6le law to
<br /> Borrower�pd to the other peraons prescdbed by wpplicnble Inw. Atter the time requlred by pppllable law,
<br /> Tn�atce shwll give publlc notice ot sale to the persons And in the mAaner prescribed by applicnble Ipw,Tnistee,
<br /> wltMout danpnd on Borrower,siudl sell the Property at public Auctidn to the highest bidder pt the t[me wnd
<br /> place and uader the terms dtsig�wted in the noNce of ss►le in one or more parcels s►nd in nny order Tn�stee
<br /> determines.Tc�ustee mwy postpone sale o[Ail or ony parcel o[the Property by public s►nnouncanent At the time
<br /> aad p1ACe of any prevtously scheduled sale.Lender or its designee may pureh,�se ths Property wt Any �le.
<br /> It the Lender'�interest ia this Security Instrument ts hdd by the SecretAry and tha SecretAry requlres
<br /> immediate pwyment In tull under Paragraph 9, the SecretAry may invoke the noaudiciwl powa ot ss►le
<br /> pravided in the Si�gle Funily Mortgage Forcelosure Act ot 1994("Act")(12 U.S.C.3751�t seq.)by nquestia�
<br /> a [oreclosure comml9sioner deslgnated uader the Act to commence toreclosure And to sell the Property �►+
<br /> provided in the Act. Nothing in the preceding sentence sludl deprive the Secretnry of pny rlghts otherwise
<br /> pvAilable to a Lender under t61�Parngraph 18 or appllcable law.
<br /> Upon receipt ot ps�yment o[the price bid,Trusta shall deli��er to the purchaser Tnutee's cleed rnnveytng
<br /> th� Property. The recitals in the Trusta's deed shall be prima (ACie evidence ot the truth o[tde statanaiW
<br /> made theretn.Tn�stee aludl s�pply the proceeds of the snle in the toUowing order:(a)to all costs apd expen�cs o!
<br /> exercising tde power o[sale,pnd the ss►le,ineluding the pwyment ot the Tcustee's[ees actus�lly incurred,not to
<br /> exceed f i ve '!6 ot the prtnclpal amount oi the note At the time of the declA�tion of defaulQ
<br /> and rwson�ble attorneys' [ees as permitted by IAw; (b)to pll sums secured by this Security I�tnunenh And (c)
<br /> pny excess to the person or personv IegAlly entitled to it.
<br /> 19.Reconveyance.Upon payment of all sums ucured by this Security Instrument,Lender shall nquest Trustee
<br /> to reconvey the Property and shall surrender thia Secttriry Instrument and aiI notes evidencing daua xa;ui�c'.�y t�is
<br /> Security Instrument [o Trusta. Trust�e shell reconvey the Property without warranty and without ckuge to the
<br /> person or persons legally entitled to it. Such person or persons shall pay any recordation costs.
<br /> 2Q. Substitute Tn�stee. Lender, at its option, may from cime to time remove Trust�e and appoint a successor
<br /> trusta to any Trusta appointed he�eundor by an instrument rccordesl irt the county in which this Security[nstrunnent
<br /> is recordod. Without conveyance of the Property,the successor tnutee shall succced to all the title, power and duties
<br /> conferred upon Trus!ee herein and by applicable law.
<br /> 21.Request iw Notices.&�rrower requests that wpies of the notices of default and sale be seat ta Bonower's
<br /> address which is the Property Address.
<br /> 22.Rlders to this Security Instruraent. if one or more riders are executed by Bonower and recorded togather
<br /> with this Security Instrument, the covenants of each such rider shall be incoc�wrated into and shall amend and
<br /> supplement the covenan�s and agreements of tt►is Security Instrument as if the rider(s) were a pazt of this Securiry
<br /> Instrument.[Check applicable box(es)].
<br /> ❑ Condominium Rider 0 Growing Equity Rider � Other[specify]
<br /> ❑ Planned Unit Development Rider 0 Graduated Paymcnt Rider Mortgage Addendum
<br /> ��4RINE)�9soa.oi P�pe 7 0l 8 ����s:�
<br /> _— — _ —........._..,..�.....-_ '"".� ;.a �r,�:.;���`�:_���"'':'—'ti""-:�.._
<br /> . ._ . ...'.... ..►.''•L:^ t -
<br /> r . :.ltL•.��t�� :l:f�t�} _[��ti�!fS,{iSL .,a�n,..�. _ -
<br />��.� . � . - . . ... ...� �fY .Y• �z.��y}�a . —
<br /> .
<br /> . - . . . . '' ' -..-.� ,r�i' rr. .
<br /> .
<br />.._ . ' ' .11 . . ....'��� `y�1 r. ,. `Fl�._.3� �Wtr��'�'.��611�- __
<br /> . _ . . _. ___- ._- - _ __. . �
<br /> - -.._ ..-___ _._-_ __... _ . ._ ._ _.____ _ ._._ __.__._ __._:�� �. �- �y{!��� p�._:_ . �, _�T.r,{� _ __
<br /> .�' . . . � 1 .�` •� ' I r.� . .'. A S� � __
<br /> � �� . .,'..��r.--`�- 7 . _ . rtr���c�4�•�en�.i:- —
<br /> � ' , ,'• . .. _ ' . _ • ' ... .. _*r.'
<br /> • , � ,. . . . . . . . ��.
<br /> , . , .-, . . ,. - . ..—
<br /> � ., �� ., ...
<br /> ' . . ' �� .
<br /> " , .�AC, :���' d�.n. ;:�. :
<br /> � . .. ,. .. • .. .,'Yi�l.. . ' ' . .
<br /> . . .. ' .. ., �. �. _ • _. . ,._�.. • .
<br />
|