200906060 - Laserfiche WebLink

Browse

2oo9ososo Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order; (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable a#torneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and 1c) any excess to the person or persons legally entitled to it.. 21. Lien Priority. The full amount secured by this Security Instrument shall have a lien position priority subordinate only to the full amount secured by the First Security Instrument. 22. Recanveyance. Upon payment of all sums secured by this 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 Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee far reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. 23. SubSti#ute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. 24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 25. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such riider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es).] ^ Condominium Rider ^ Planned Unit Development Rider ^ Other (Specify) (Acknowledgments on following page) First Amariean Loan Production Services Nebraska HECM Second Security Instrument 2008 Firet American Raal Estate Solutions LLC FALPS" UB14; 04/09 NMFL NB609NE Doc Id: 4GNE Page 7