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201103425
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201103425
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Last modified
10/17/2011 2:18:33 PM
Creation date
5/4/2011 3:49:41 PM
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DEEDS
Inst Number
201103425
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201103425 <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order. <br />(a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of <br />the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by applicable law; <br />(b) to all sums secured by this Security Instrument; and (c) any excess to the person legally entitled <br />to it.. <br />21. Lien Priority. The full amount secured by this Security Instrument shall have a lien position <br />priority subordinate only to the full amount secured by the First Security Instrument. <br />22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay <br />any recordation costs. Lender may charge such person or persons a fee for reconveying the <br />Property, but only If the fee is paid to a third party (such as the Trustee) for services rendered and <br />the charging of the fee is permitted under applicable law. <br />23. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint <br />a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in <br />which this Security Instrument is recorded. Without conveyance of the Property, the successor <br />trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by <br />applicable law. <br />24. Request for Notices. Borrower requests that copies of the notices of default and sale be <br />sent to Borrower's address which is the Property Address. <br />25. Riders to this Security instrument. If one or more riders are executed by Borrower and <br />recorded together with this Security instrument, the covenants of each such rider shall be <br />incorporated into and shall amend and supplement the covenants and agreements of this Security <br />Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es).] <br />Condominium Rider [] Planned Unit Development Rider <br />❑ Other (Specify) <br />(Acknowledgments on following page) <br />First American Loan Production Services Nebraska HECM Second Security Instnunent <br />82008 FirstAmencen Real Estate Solutions LLC <br />FALPS# UB14: 04818 NMFL MWONE Doc Id: GGNE Page 7 <br />
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