My WebLink
|
Help
|
About
|
Sign Out
Browse
201104373
LFImages
>
Deeds
>
Deeds By Year
>
2011
>
201104373
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/14/2011 12:21:27 PM
Creation date
6/14/2011 10:23:51 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201104373
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
2011043'73 <br />may result in acceleration of the sums secured by this Deed of Trust and sale of the Property. The notice shall <br />further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert <br />the nonexistence of a default or any other defense of Borrower to acceleration and sale. If the breach is not cured <br />on or before the date specified in the notice, Lender, at Lender's option, may declare all of the sums secured by <br />this Deed of Trust to be immediately due and payable without further demand and may invoke the power of sale <br />and any other remedies permitted by applicable law. Lender shall be entitled to collect all reasonable costs and <br />expenses incurred in pursuing the remedies provided in this paragraph 17, including, but not limited to, <br />reasonable attorneys' fees. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which the Property <br />or some part thereof is located and shall mail copies of such notice in the manner prescribed by applicable law to <br />Borrower and to the other persons prescribed by applicable law. After the lapse of such time as may be required <br />by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by <br />applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest <br />bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in <br />such order as Trustee may determine. Trustee may postpone sale of all or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled sale. Lender or Lender's designee may purchase <br />the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br />the Property sold. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all reasonable costs and <br />expenses of the sale, including, but not limited to, Trustee's fees actually incurred reasonable attorneys' fees as <br />permitted by Applicable Law; (b) to all sums secured by this Deed of Trust; and(c) the excess, if any, to the <br />person or persons legally entitled thereto. <br />18. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sines secured by this Deed of <br />Trust, due to Borrower's breach, Berrov" shall have the right to have any proceedings begun by Lender to enforce this <br />Deed of Tnst discontur ued at ary time prior to the earlier to occur of (i) the fifth day before the sale of the Property <br />pursuant to the power of sale contained in tins Deed of Test or (ii) entry of a juudgrruent enforcing this Deed of Trust if. <br />(a) Bo nuvvff pays Lender all sums which vcaddd be them due under this Deed of Trust and the Note had m acceleration <br />occurred, (b) Borruvver cures all breaches of any other cove arts or ageernents of Borruwer contained in this Deed of <br />Test; (c) Brriiower pays all reasonable expenses incuured by Leader and Trustee in enforcing the covenants and <br />agreerr ents of Borrvvw r curtained in this Deed of Trust and in enforritrg Lender's and Trustee's rear Aes as provided <br />in paragraph 17 heteof, including but not limited to, reasonable attorneys' fees; and (d) Borruvver takes such action as <br />Lerner nuy reasonably require to assure that the lien of this Deed of Test, Lender's interest in the Property and <br />Borrower's obhgahcn to pay the sums secured by this Deed of Test shall continue uuhinjxm A Upon such paynert <br />and cure by Borra"m this Deed of Test and the obligations secured hereby shall renmin in full farce and effect as if no <br />acceleration had occurred. <br />19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder, <br />Borru"cr hereby assigns to Lender the rents of the Property, provided that Bonuo" shall, prior to aoceleratiorr under <br />paragraph 17 hereof or abandaanart of the Property, have the right to collect and retain such rents as they become due <br />and PaYabl <br />Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or by <br />judicially appointed receiver shall be entitled to enter upon, take possession of and rrarrage the Pruperty and to collect <br />the rents of the Property including those past due All rents collected by Lender or the receives shall be applied first to <br />paymrert of the costs of rrenagerrert of the Property and collection of ruts, including, but not limited to, r oeiver'sfees, <br />premiums our receiver's bonds and reasonable attorneys' fees and there to the sums secured by this Deed of Tnst. <br />Lender and the receiver shall be liable to account only for those rents actually received. <br />20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to <br />reeonwy the Property and shall surrender this Deed of Trust and all rotes evidencing indebtedness segued by this <br />Deed of Test to Trustee. Trustee shall reconvey the Prgnerty withrout vmTanty and without charge to the person or <br />persons legally entitled thereto. Such person or persons shall pay all oasts of recordation, if any. <br />21. Substitute Trustee. Larder, at Len der'soplio n, may Erma time to time fenuve Tutee and appoint a successor <br />trustee to any Trustee appointed hereunder by an irstrurruert recorded in the county in which this Deed of Trust is <br />recorded. Wthout conveyance of the Property , the successor tnstee shall succeed to all the title, povver and duties <br />conferred upon the Trustee herein and by applicable law <br />22. Request for Notices. Borro"er requests that copies of the notice of default and notice of sale be sent to <br />Bomw"s address v"ch is the Property Address. n^^~~ <br />IriUals J✓J <br />40-76(NE) (o4o7) %W 5 Cf 7 Form 3828 <br />
The URL can be used to link to this page
Your browser does not support the video tag.