Laserfiche WebLink
M0.476 P.38i67 <br />- MAR.11.2002 1O :29RM <br />200203008 <br />before the date specified in the notice, Lender at its option may require Immediate payment <br />in full of all sums secured by this Security Instrument without further demand and may <br />invoke the power of sale and any other remedies permitted by Applicable Law. Lender <br />shall be entitled to collect all expenses Incurred in pursuing the remedies provided in this <br />Section 22, including, but not limited to, reasonable attorneys' tees and costs of title <br />evidence. <br />If the power of sale Is invoked, Trustee shall record a notice of sale In each county in <br />which any part of the Property is located and shall mall copies of such notice In the <br />manner prescribed by Applicable taw to Borrower and to the other persons prescribed by <br />Applicable Law. After the time required by Applicable Law, Trustee shall give public <br />notice of sale to the persons and in the manner prescribed by Applicable law. Trustee, <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder <br />at the time and place and under the terms designated in the notice of sale in one or more <br />parcels and In any order Trustee determines. Trustee may postpone sale of all or any parcel <br />of the Property by public announcement at the time and place of any previously scheduled <br />sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser <br />Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima <br />facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds <br />of the sale in the following order. (a) to all costs and expenses of exercising the power of <br />sale, and the sale, including the payment of the Trustee's fees actually Incurred and <br />reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this <br />Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, <br />Lender shall request Trustee to reconvey the Property and shall surrender this Security <br />Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. <br />Trustee shall reconvey the Property without warranty to the person or persons legally <br />entitled to it, Such person or persons shall pay any recordation costs, Lender may charge <br />such person or persons a fee for reconveying the Property, but only if the fee is paid to a <br />third party (such as the Trustee) for services rendejed ... gn_d_tho charging of the fee is <br />permitted under Applicable Law, ; <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee <br />and appoint a successor-- custee to any Trustee appointed hereunder by an- 4strument <br />recorded in the county in which this Security Instrument Is recorded. Without conveyance <br />of the Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by Applicable Law, <br />25. Request for Notices. Borrower requests that copies of the notice of default and <br />sale be sent to Borrower's address which is the Property Address. <br />SNEte Rev 1MC3100 page is of is Initials;/// FORM 3020 1/01 <br />