Common use of Notice of Sale; Sale of Property Clause in Contracts

Notice of Sale; Sale of Property. If Lender invokes the power of sale, Trustee will give notice of sale by public advertisement in the county in which the Property is located for the time and in the manner provided by Applicable Law, and Lender or Trustee will mail a copy of the notice of sale to Borrower in the manner provided in Section16. Trustee, without further demand on Borrower, will sell the Property at public auction to the highest bidder at the time and under the terms designated in the notice of sale. Lender or its designee may purchase the Property at any sale.

Appears in 3 contracts

Samples: singlefamily.fanniemae.com, sf.freddiemac.com, singlefamily.fanniemae.com

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Notice of Sale; Sale of Property. If Lender invokes the power of sale, Trustee will give notice of sale by public advertisement in the county in which the Property is located for the time and in the manner provided by Applicable Law, and Lender or Trustee will mail a copy of the notice of sale to Borrower in the manner provided in Section16Section 16. Trustee, without further demand on Borrower, will sell the Property at public auction to the highest bidder at the time and under the terms designated in the notice of sale. Lender or its designee may purchase the Property at any sale.

Appears in 1 contract

Samples: sf.freddiemac.com

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Notice of Sale; Sale of Property. If Lender invokes the power of sale, Trustee will give notice of sale by public advertisement in the county in which the Property is located for the time and in the manner provided by Applicable Law, and Lender or Trustee will mail a copy of the notice of sale to Borrower in the manner provided in Section16Section 11. Trustee, without further demand on Borrower, will sell the Property at public auction to the highest bidder at the time and under the terms designated in the notice of sale. Lender or its designee may purchase the Property at any sale.

Appears in 1 contract

Samples: sf.freddiemac.com

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