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200910238
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Last modified
12/30/2009 3:10:07 PM
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12/30/2009 3:10:07 PM
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DEEDS
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200910238
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200910238 <br />18. l~oreelostn-e 1't^ocedure. If 1,encter requires irrrzarectiate pnyntertt ire fz.fll uaacler par~~;r•aph 9, I:erwder may <br />iravol;e tlae lwtt•er of sale and gray otkrer remedies permitted by applieable law. I.:eztrler steal] tae r:nt.itletl to collect. <br />all expeztses iracrrrred ira ptra•suing the r-ertrt:tlies under. this par~agrapla 1.'i, includiaag, lauC rant. lirriit.eci fn_, reasonable <br />attor•.raeys' fees atad costs of title evidence. <br />If tlae power of sale is lravolerl, Trustee shall record a notice of defaulttn cotta eaauaty in +vlaich any paz•t of <br />tlae I'ropeaty is located aced shall mail copies of such notice in the raaatraaer• prescribed by applicable:. la~v to <br />13orroaver and to the other persons prescribed by applicable law. After the tirtae t•e[luired lty applicable tatty, <br />Tratstee shall give public notice of sale to the persons anal ira the manner lar•est:z•ilrecl by applicable. law. 'I"rarstee, <br />tt"ithar.rt dernaaad on T3oa•rnwer, shall sell the Property at public auction to t.tae laigtaest bidder at the time and place <br />ararl under the terms designated ira the ttatit:e of sale 1n otae ar Havre par^cels and in any order 'l'rirstee deterrnincs. <br />"I'r•u~stee may postpone sale of all or any parcel of the Property by pul)lic rararaor.ztrceaaaent at ttac time and place of <br />arty previously scheduled sale. Leader nr its tlesigraee may pttrrlaase the 1'roper•t~ at any sale. <br />If the Lender's interest in this Security Instrument is held }~y the Secretary and t.lae Secretary requires <br />iaazrnerliate payrraerrt ira full trader Pruagr•aph 9, the Secretary may ina-oi:e the uoz~jard.icial pot-rer of sale provider] <br />ira tlae Single 1~anaily :1•Iortl;age lior•eclosan•e Act of 1994 {",1,ct") (12 1.!.S.C. 3751 ei sec].) lay requesting a <br />foreclosure conrranissioner designated atuder floe Act to conaaneaace foreclosure anti to sell the l?rolier^ty :as provided <br />in tla.e Act. Notlairag in floe preceding sentence shall deprive tine Secretary of gray rights otherjvise available to a <br />Leander under this Paragraph .1S or applicable lava. <br />Lipara receipt. of payment of the price laid, Trustee shall deliver to the ptarcht;ser Trustee's deed cttrar"eying <br />tlae Property. The r•ecitais in floe Trustee's deed shall be prima facie evirierice of tlae tru.tlr of floe statc:naerats matte <br />therein. Trustee shall apply tlae pr•eceecls of tlae sale ira. tlxe follawizag order: (a) to all costs arttt expeaases of <br />exercising the power of sale, and the sale, including the payment of the Trustee's fees actually iucatrt•etN, rant to <br />exceed ~essea^ of $400 aa: l %v of the principal amount of the note at the tiaaae of the declaration of <br />default, artd reasonable attar•raeys' fees as permitted by lave; (b) to all suaazs secured by this Securif.t~ It>5ta~umeztt; <br />Arad (c) arty excess to floe person or persons legally entitled, to it• <br />19. Itecoatveyaaace. Upon payment of all stuns secured by this Securit5• lrastnamcrzt, 1..ender shall request Tnastee to <br />reconvey aloe Property and sla~ill su.rretader this Secua~it5~ l~istrument and all dates evidencing debt securr:tl by dais Secttril}r <br />lnsiruniertt to Trustee. Trustee shall recnravey tine .Property without warranty a.nd without charge to the pea•snu nz• persnTts <br />legally entitled to it. Such person or persgzis shall pay any recordation costs. <br />.211. StzbstittaCe "l'r•trstee. I..ender, atlas optioaa, rna.y frnna tinge to Dime reanove Tnastee and appoint a 5UCGlSSar <br />trustee to azty Trustee appointed hareunrler by an instrmttent recorded in the c:.punty in which tlai5 Sectrri,l:y if}s[runtent is <br />retarded. Without conveyarate of aloe 1?raperty, the successor trustee shall st.ttceed. to all the title, power atld. dtrtteS <br />confi;rred upa}z Trrrstet herein and l7y applicable law. <br />11. Regtaest for i~iotices. Borrower requests ttaat copies of the notices of clcfaul.t and sale be sent m E3orrower's <br />adtIress ~~"bleb is the Prapr:rty .Address. <br />~2. Ilidea•s Ko this Security .Irastruraiettt. if one or more riders are executers by llorrawer and rec-orded t.agether <br />with this Secur'iry instntnient, the tovenaatis o,f each such rider shall be ittcorltoraterl into encl. shall arnerrd and <br />supplement the cavenafats and ag=reements D~ alas Security lnstnam~nt a5 if the rider(s) were a part al" this Security <br />ltastrunaent. [(:heck applicable ]aox(es)]. . <br />^I Condontiniurn Rider ^ Grawirig Erltrity Rider [^ ©tlaet' jspeciFy] <br />n Plaruaed Urtit l7evclopment Rider ^ Graduated F'ayruent 12.ider <br />007x934110 in;tints:~ fJtl~ <br />-AiV(NEl Coen;) Page 7 of 8 <br />
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