200705702 - Laserfiche WebLink

Browse

200705702 to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee dctermines. Tmstee may postpone sale of all or any parcel of the Property by public alUlouncement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at allY sale. Upon receipt of payment of the price bid, Tmstee shall deliver to the purchaser Tmstee's deed conveying the Property. The rccitals in the Tmstee's deed shall be prima facie evidence of the tmth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of cxcrcising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred alld reasonable attorneys' fees as penllitted by applicablc law; (b) to all sums secured by this Security lnstnunent; and (c) allY cxcess to the person or persons legally entilIed to it. If the Lender's interest in this Security Instnllnent is held by the Secretary and the Secretary requires immediate payment in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Falnily Mortgage Foreclosure Act of 1994 ("Act") (12 U .S.C. 3751 2! g:g.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentencc shall deprive the Secretary of any rights otherwise available to a Lender under this paragraph 18 or applicable law. 19. Reconveyance. Upon payment of all sums secured by lIlis Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instnllncnt to Tmstee. Tmstee shall reconvey the Property without warranty to the person or persons legally entilIed to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Tmstee) for services rendered and the charging of the fee is pennitted under applicable law. 20. Substitute Trustee. Lender, at its option, may from time to timc remove Tmstee and appoint a successor tmstee to any Trustee appointed hereunder by an instmment recorded in the county in which this Security Instmment is recorded. Without conveyance of the Property, the successor tmstee shall succeed to all the title, power and duties conferred upon Tmstee herein and by applicable law. 21. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property address. 22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Sccurity Instrument, the covenants of each such rider shall bc incorporated into and shall amend and supplement the covenallts and agreements of this Security Instnllllcnt as if the rider(s) were a part of this Security Instnllllent. [Check applicable box(es)] o Condominium Rider D Graduated Payment Rider D Growing Equity Rider D Planned Unit DevcIopment Rider D Adjustable Rate Rider D Rehabilitation Loan Rider D Non-Owner Occupancy Rider o Other [Specify] NEBRASKA FHA DEED OF TRUST 4'7S GREATLAND. To Order Call: 1-800-530-93930 Fax: 616-791-1131 ITEM T2696L6 (0308}-MERS (Pa/le 6 of 7 pages)