My WebLink
|
Help
|
About
|
Sign Out
Browse
99107758
LFImages
>
Deeds
>
Deeds By Year
>
1999
>
99107758
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/13/2012 6:49:27 PM
Creation date
10/21/2005 12:15:54 AM
Metadata
Fields
Template:
DEEDS
Inst Number
99107758
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
15
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
� 9� � 0 �758 <br /> time and place and under the terms designated in the notice of sale in one or more parcels and in <br /> such order as Trustee may determine and in the manner prescribed by applicable law. Trustee <br /> may postpone sale of all or any part of the Property by public announcement at the time and place <br /> of any previously scheduled sale and in the manner prescribed by applicable law. Lender or <br /> Lender's designee may purchase the Property at any such sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser a Trustee's <br /> deed conveying the Property sold. The recitals in the Trustee's deed shall be prima facie <br /> evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale <br /> in the following order: (a) to all reasonable costs and expenses of the sale, including, but not <br /> limited to, Trustee's fees of not more than 1/2 of 1% of the gross sale price, attorneys' fees and <br /> costs of title evidence; (b) to all sums secured by this Deed of Trust, in such order as Trustee <br /> shall determine; and (c)the excess, if any,to the person or persons legally entitled thereto. <br /> 24. ACCELERATION; PREPAYMENT PRIVILEGE. Upon any default by <br /> Borrower and following the acceleration of maturity as herein provided, a tender of payment of <br /> the amount necessary to satisfy the entire or any portion of indebtedness secured hereby, <br /> including the late payment fee and Interest accrued at the default rate set forth in the Note, made <br /> at any time prior to foreclosure sale (including sale under power of sale) by the Borrower, its <br /> successors or permitted assigns or by anyone on behalf of Borrower, its successors or permitted <br /> assigns, shall constitute an evasion of the prepayment terms of said Note and be deemed to be a <br /> voluntary prepayment thereunder and any such payment, to the extent permitted by law, will, <br /> therefore, include the additional payment required under the prepayment privilege, if any, <br /> contained in said Note. <br /> 25. BORROWER'S RIGHT TO REINSTATE. Notwithstanding Lender's <br /> acceleration of the sums secured by this Deed of Trust, Borrower shall have the right to have any <br /> proceedings begun by Lender to enforce this Deed of Trust discontinued at any time prior to the <br /> earlier to occur of(i) the fifth day before the sale of the Property pursuant to the power of sale <br /> contained in this Deed of Trust, or (ii) entry of a judgment enforcing this Deed of Trust if: (a) <br /> Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note, <br /> had no acceleration occurred, including the late payment fee and Interest accrued at the default <br /> rate set forth in the Note; (b) Borrower cures all breaches of any other covenants or agreements <br /> of Borrower contained in this Deed of Trust; (c) Borrower pays all expenses actually incurred by <br /> Lender and Trustee in enforcing the covenants and agreements of Borrower contained in this <br /> Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in Paragraph 23 <br /> hereof, including, but not limited to, attorneys' fees; and (d) Borrower takes such other action as <br /> Lender may reasonably require to assure that the lien of this Deed of Trust, Lender's interest in <br /> the Property, and Borrower's obligation to pay the sums secured by this Deed of Trust shall <br /> continue unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the <br /> obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. <br /> 26. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN <br /> POSSESSION. As additional security hereunder, Borrower hereby assigns to Lender the rents <br /> of the Property pursuant to the Assignment of Leases and Rents dated of even date herewith by <br /> Borrower in favor of Lender, provided that Borrower shall, prior to acceleration under Paragraph <br /> 23 hereof or abandonment of the Property, have the right to collect and retain such rents as they <br /> become due and payable. <br /> 27. SECURITY AGREEMENT AND FINANCING STATEMENT UNDER <br /> UNIFORM COMMERCIAL CODE. This Deed of Trust encumbers, and Borrower hereby <br /> grants Lender a security interest in, Borrower's interest in all personal property of any kind <br /> whatsoever, whether tangible or intangible, whether or not any such personal property is now or <br /> becomes a "fixture", which is used or will be used in construction of, or is or will be placed upon <br /> or is derived from or used in any connection with the use, occupancy or enjoyment of the <br /> Property. Such personal property ("Collateral") shall include those items as shown on the <br /> attached Exhibit "B". <br /> 11 <br />
The URL can be used to link to this page
Your browser does not support the video tag.