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98103635
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Last modified
3/12/2012 11:51:43 AM
Creation date
10/19/2005 5:40:12 PM
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DEEDS
Inst Number
98103635
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t <br /> , ` � � �$- <br /> ��C363S <br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is <br /> located and shall mail copies oF such notice in the manner prescribed by applicable law to Borrower and to the other persons <br /> prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons <br /> and in the manner prescribed by applicable law.Trustee,without demand on Borrower, shall sell the Property at public auction <br /> to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any <br /> order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br /> and place of any previously scheduled sale.Lender or its designee may purchase the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The <br /> recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the <br /> proceeds of the sale in the following order: (a)to all costs and expenses of exercising the power of sale, and the sale, including <br /> the payment of the Trustee's fees actually incurred, not to exceed the greater of$........�:�................... or ..1l,�.OF.�.........% <br /> of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted by Iaw; <br /> (b)to all sums secured by this Security Instrument; and(c)any excess to the person or persons legally entitled to it. <br /> 22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey <br /> the Property and shall sunender this Security Instrument and all notes evidencing debt secured by this Security Instrument to <br /> Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to <br /> it.Such person or persons shall pay any recordation costs. <br /> 23. Substitute Trustee. Lender,at its option,may from time to time remove Trustee and appoint a successor trustee to any <br /> Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without <br /> conveyance of the Property,the successor trustee shall succeed to all the title,power and duties conferred upon Trustee herein <br /> and by applicable law. <br /> 24. Request for Notices. Bonower requests that copies of the notices of default and sale be sent to Bonower's address <br /> which is the Property Address. <br /> 25. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this <br /> Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br /> supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. <br /> [Check applicable box(es)] <br /> � Adjustable Rate Rider � Condominium Rider � 1-4 Family Rider <br /> ❑ Graduated Payment Rider � Planned Unit Development Rider ❑ Biweekly Payment Rider <br /> ❑ Balloon Rider � Rate Improvement Rider � Second Home Rider <br /> � Prepayment Rider <br /> ❑ Other(s)[specify] <br /> BY SIGNING BELOW,Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in <br /> any rider(s)executed by Bonower and recorded with it. <br /> Witnesses: <br /> �� ' (Seal) <br /> . - orrower <br /> �--�,� ` <br /> . wer <br /> [Spacs Below This Line for Acknowtedgment] <br /> Single Family-- FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 09/80 (Page B of 6 Pages) <br /> NEBRASKA EC927L Rev. 10/09/97 <br />
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