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201101214
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Last modified
2/14/2011 3:13:35 PM
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2/14/2011 3:13:35 PM
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DEEDS
Inst Number
201101214
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201�01214 <br />parcel of the Property by public announcement at the time and place of any previously <br />scheduled sale. Lender 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 made therein. Trustee 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 reconvey the Property and shall surrender this Security <br />Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee <br />shall reconvey the Property without warranty to the person or persons legally entitled to it. <br />Such person or persons shall pay any recordation costs. Lender may charge such person or <br />persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as <br />the Trustee) for services rendered and the charging of the fee is permitted under Applicable <br />Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee <br />and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in <br />the county in which this Security Instrument is recorded. Without conveyance of the Property, <br />the successor trustee shall succeed to all the title, power and duties conferred upon Trustee <br />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 />[ THIS SPACE LEFT INTENTIONALLY BLANK ] <br />�B�$Kt� — Single Famlly -- Fannie MadFreddie Mac L7NIFORM INSTRiJMENT Faa�m 3028 1/Ol <br />GCC - G3028-17 (09/Ol) (Page 17 of19) Initials: <br />
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