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200204237
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Last modified
10/14/2011 8:55:03 PM
Creation date
10/22/2005 7:00:32 PM
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DEEDS
Inst Number
200204237
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MAR.21.2O02 12:45PM <br />200204237 <br />N0.078 P.38/72 <br />before the date specified In the notice, Lender at Its option may requi immediate payment <br />in full of all sutras secured by this Security Instrument without further demand and may <br />Involve the power Pf sate and any other remedies parntltted by Applicable Low, Lander <br />shall be entitled to collect all expenses incurred in pursuing the rem ;dies 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 Low to Borrower and to the other petsons prescrIW 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. Tnustae, <br />without demand an Borrower, shall sell the property at public auction to the highest bldder <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. tender 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 trade therein. Trgstee 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 reuonvey the Property, and shall surrender this Security <br />instrument and all notes evidencing debt secured by this Cecurity Instrument to Trustee. <br />Trustee shall reconvey 1he 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 Pee for reconveying the Property, buff only if the fee is palO to a <br />third parry (such as the Trustee) for services rendered and the charging of the fee is <br />permitted under Applicable Law, <br />24. Substitute'Trustee.'L,ender, at its option, may from-time°tq time remove 7rustee <br />and appoint a successor trustee to any Trustee appointed hereunder by an Instrument <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 />SiVE18 Rev 10 /oa /00 <br />Page 16 14f 16 <br />lniiEiqfs- <br />FORM 3028 1101 <br />:a <br />h <br />Y <br />
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