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201006092
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201006092
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Last modified
8/26/2010 4:08:49 PM
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8/26/2010 4:08:48 PM
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DEEDS
Inst Number
201006092
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201006092 <br />18. Foreclosure Procedure. If Lender requires immediate Pa limcable law~l Lenders hall be ent t ed toecollect <br />invoke the power of sale and any other remedies permitted by app but not limited to, <br />all expenses incurred in pursuing the remedies under this paragraph 18, including, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in a h' 1 cable law to <br />the Property is located and shall mail copies of such notice in the manner prescribed by PP licable law, <br />Borrower and to the other persons prescribed by applicable law. After the time required'~ble law. Trustee, <br />Trustee shall give public notice of sale to the perso ~ a ad ~ ublic auction to he highbest bidder at the time and <br />without demand on Borrower, shall sell the Prope y P <br />place and under the terms designated in the notice of sale in one or ~ rb Pa blic announcemen at the t e <br />determines. Trustee may postpone sale of all or any parcel of the Prope Y Y P at an sale. <br />and place of any previously scheduled sale. Lender or its designee may purchase the Property Y r wires <br />If the Lender's interest in this Security Instrument is held bma h iri oket the nonjudl a1 power of sale <br />immediate payment in full under Paragraph 9, the Secretary ~~ Y„ 12 U.S.C. 3751 et seq.) by requesting <br />provided in the Single Family Mortgage Foreclosure Act of 1994 (Act) <br />a foreclosure commissioner designated rem n t se ~~~~ ° shall d prive°thelos~u ~e~rnYd of any r ~htsrotherwise <br />provided in the Act. Nothing in the p g P hcable law. _ <br />available to a Lender under this Paragraph 18 or a p <br />Upon receipt of payment of the price bidd,~Tr~~~ ~ primal facie evidence of the truth oft hie statements <br />the Properly The recitals in the Trustee's <br />made therein. Trustee shall apply the proeeeds of the sale in the following order: (a) to all costs and expenses of <br />exercising the power of sale, and the sale, in ~~ ml amount of then to at he tl~me of the declaration of default, <br />~~ 0.000 % of the p Pa b Y Instrument; and (c) <br />and reasonable attorneys' fees as permitted by law; () to all sums secured b this Security <br />any excess to the person or persons legally entitled to it. <br />19. Reconveyance. Upon payment ofde 1 thorns ~~~ Irlystrum nt~andyall~noteseevide~tlcing debt secured by this <br />to reconvey the Property and shall surren the Property. without warranty and without charge to the <br />Security Instrument to Trustee. Trustee shall reconvey p Y recordation costs. <br />person or persons legally entitled to it. Such person or Per from time to tinge remove Trustee and appoint a successor <br />20. Substitute Trustee. Lender, at its option, (nay Instrument <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county In which ~ Sec Wer and duties <br />is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, p <br />conferred upon Trustee herein and by applicable law. <br />21. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />22. Riders to this Security Instrurne~n~ Iof °eachr sucherlder shall ebe inorporao~ to and shalldamend and <br />with this Security Instrument, the co <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this ecurlty <br />Instrument. [Check applicable box(es)]. 0 Other [specify] <br />Condominium Rider 0 Growing Equity Rider <br />[] Planned Unit Development Rider ~ Graduated Payment Rider <br />FWA Qeed Of Trust-NE <br />VMP ~ <br />Wolters Kluwer Flnanclal Services <br />4/98 <br />VMP4RINE) (08091 <br />Page 7 of 9 <br />"" I ~ .. i ~, .1 .. .} <br />
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