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201108939
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201108939
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Last modified
12/1/2011 3:05:22 PM
Creation date
11/30/2011 8:57:48 AM
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DEEDS
Inst Number
201108939
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�011089�9 <br />If tl�e power of sale is 9nvoked� Trustee eba�! recard � no�tce of default in ea�hh county ia w}ric6 any <br />�rt of the Pmperty i$ loc�tert and e�mll mell cflpie� of su�h �oi�ce in f�c rosnner gresc�7bed by <br />s�pYft�ble law to Borrower and to th8 other persons p�crtbed by �ppllc�ble law. � the time <br />req�ared by �ppl�sable law, ZYastee shall give pabl�c noiic� of sale to the gessons �nd �n thc metmer <br />pt�t.wcrqbed by applicable law, Tr�, wlthout demand on Horrowel�, shall sell the Properly at �ubLlc <br />aaction to the Iughest bi�der at �he time a�ad glace an� untler the texm� designated in fhe nolice of saic <br />i�n one ar more paiselB and in atly arrler Trast�e det�rmi�ues. Tru�stee maY Pastpane s�le o� all or aap <br />pa�rrc�l of the Prop�°ty b� ptib�tc announcement at the lime aud pl�ce oP any �ousl� scl�eduled a�le. <br />Lender or its desigue� m�y pt��hase the Propecty at �n�' 3�1e. <br />If the Lend�'s infieresf in fluis Becurity Instromentt is h�Id by the 3�t�rp sed the SOet'eP�ry r�qafres <br />imme�iabe �yment in Poll onder Paragraph 9, t�e 3ec�ry may iavoke the nanjudidal gower o� sale <br />pmvld�rt in the 3iugle �'amily Mortgage For�losore Act oe 1994 ("Act' �iz v .S.C. 3751 et seq.j by <br />requesi�n� a Poreclosure commisaroner designatc� under the A�Ct ta cammence fo�:loa� �td to seII <br />the Pro� �,9 p�vided i� the Act. Nothrng �n the prece�g sentence al�ll deprlve the S�retary af <br />eny rights othetwise �'va�lable to a Lender tmder thuts �'ars�grr�ph 1B or applic�ble law. <br />Upon receipt of �a�nant of tha price bid, T�ustee shall deliver to the purch�ser Trustee's d� <br />con�veyittg the �'roperty. The rt�it�.ls i�► the Trusta�'s cleed shall be pt�im� faae evidenee oi the tr¢th of <br />the s�tcm�ts made therem� Tt'pste� s1�� aPP�Y the procee� of the s�le in the falloovn�g order: (a) to <br />�II costs �nd expenses of �acerc�s➢pg the power af aAle, and t�e sate, inclading the �ymeat of t6e <br />Trast�'s fees echuilly �n�rned, not to eaceed . O4o °Jo �f �ita prtncipal amounE �f <br />the aoEe at i;tihe t➢u1e oY the de�ler�tion oE def�pl#, �nd reasoneble Attorne�s° feas es petmitt�l by le�w; <br />f b} tc► aII sums seeur� by t�1s Secarity Instrument; and (c) amy e7ccess to the �on ar peranns legelly <br />entitled to it. <br />7 9. Reconveyanae. LTpon payment oP all sums aecured by this Securiry Instr�ent, Lend�r s�sll reqtteest <br />'Ttustee to recnnvey Cb,e Prqperty and ahall s�uretld4x t3us Security Instn�ent aad all notes evida►ciag debt <br />secured b� this Security Inetnuneat to Trastee.l�vstes shall reeonvey the Progerty without vuarianty and <br />wir�sauY cl�arge ta the p4t'san or persons leg�tly eatitled m it. Such p�san or persans shall pay any <br />recordatioa Costs. <br />20. 8ubstitute Trustae. Lender, �t its ogtion, may from �te �� time ramov�e T'rus�ee aad �pgoiuY � successvr <br />trust�e ta eny Tn�stee appoxuted hereimd�r by �tt insmament recorde� ia tiie c�unty in wlrich this 5e.curity <br />Ivecn�ment Ps r�car�ed. QVitfiout conveyance of [he Propesty, the successo�r trust� shall sueeeed ta all tJoe <br />tirle, power and duLies rcoinfeaed �on Trustes hcsein and by apglicabl� law. <br />21, Requ�t far Natices. Borrower requests that copies of the nvtices of default �d �e b� spnc to Borrower's <br />addre,.ss wlrich is th� Praperly Addrass. <br />22. Rider� to this 5ecufity Ingtrumertt. If one or more riders ar� executed by B�rrower and reonrd�d <br />together with this S�c�urity Iastrument, the edveaaants of each such rider ahall be incorparaCed 'inta and shall <br />amen+d aud supplement the c�ven�s end egr�ments of t�ais Securiry Instrament as i� rhe rlder(s) were a part <br />Q�s ���QY ��e�• [�t�k a�lit�bla box(es)]. <br />LJ Condominium Ride� Grov�+ing �quity Ridar ❑ Aiher [sP�YI <br />❑ Pla�ed CJnit development Ridez �radtu�ted Paymeut �iidex <br />�0�9e o}7R18C�Nfi VMP9fl(NQ► i7106 <br />Wnleme bunuer Finsnatal Servlaea Paga 8 0170 <br />
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