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2012035�3 <br />1111062347 <br />22. Aceeleration; Remedies. Zender shall give nolice to Borrower prior to accelerai�lon <br />foIIowtng Borrower's breach of any covenant or agreement nn tkis Secnrity Instrument (bat not prior <br />to acceler$t�on under Section 18 nnless App�lcable Law pro�eides otherwise). The noi3ce shaII speci#y: <br />(a) the defaAlt; (bj the ac�ion reqnired to cnre the default; (c) a date, aot less than 30 days from the <br />date the notice iis given to Borrawer, by wh3ch the default mnst be cnred; �nd (d) that faailnre to cnre <br />the defanit on or before the date specifled in the aotice may resnit in aeceleraifon of the sums secnred <br />by tluis Secnrity Instrument and s$le of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court ad3on to assert the noa-e�istence of a <br />default or any other defense of Borrower to acceler�tion and sale. Tf the defanit is not cured on or <br />before the date specified i�a the no�tce, Lender at its option may reqnire immediate payment in fall of <br />ali snms secnred by thas Securlty Instrament withont fnrther demand and may invoke the power af <br />sale and anp other remedies permitted by Applicable Law. Lender. shall be entitled to collect all <br />espenses incnrred in pnzsuing the remedies provided in this Section 22, inclnfiiag, bnt not limited to, <br />ressonable attorneys' fees and costs oi title evidenee. � <br />If the power of sale is invoked, Trastee shall record a notice of defanit im each eounty 31n which <br />any part of the Property is located and shall ma�ll copies of s�ch notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicahle Law. After the tume <br />reqnired by Appli�able L.aw, �rastee shall give pnt�lic not3ce of sale to the persons and in the manner <br />p�'escr�ed by Appficable Law. Traste.e, without demand on Borrower, shaA sell the Property at public <br />�nctioa to the hi.ghest bidder at the time and place and under the terms designated in the noHce of sale <br />in one or more parcels and m any order Trustee determines. Trastee.may postpone sale of alt or any <br />parcel of the Property by pnblic annonncement at the t3me and place of any previonsly schednled sale. <br />Lender or �ts des3g�uee may purchase the Prnperty at any sale, • <br />Upon receipt of paymeat oL the price bid, Trustee shall deliver to the pnrchaser Trustee's deed <br />conveying the Property. The recitals m the Trastee's deed shall be prima fade e�videace of the trath of <br />the statements made therem. Trastee shall apply the proeeeds of the sale in the following order: (a) to <br />all eosts and egpenses of exercising the power ef sale, and the sale, inclnd3ng the payment of the <br />Trastee's fees actnally incnrred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secnred by this Secnrity Instrament; and (c) any e�cess to the person or persons degally <br />entifled to it. <br />23. Reconveyance. Upon payment of a11 sums secured by this Security Instr�rment, Lender shall <br />renuest Tivstee to reconvey the Property and shall sutrender this Securi�y Iustru.ment and al�. notes evidencing <br />debt secured by this Security Instavment to Trustee. Trustee shall reconvey the Properly without wazranty to <br />the person or persons legally en�itled to i� Such person or persons sha11 pay any recordation costs. Lender <br />may charge such person or persons a fee for zeconveying the Property, but only if the fee is paid to a third <br />party (such as the Tzustee) for services rendered and the chazging of the fee is permitted under Applicable <br />Law. <br />24. Snbstitnte Trastee. Lendei, at its option, may from tinae to time remove Trustee and appoint a <br />successor trustee to any TrusCee appointed hereunder by an insfixment recorded in the county in which tlzis <br />Secnrity Instrument is recorded. WiCk�out coaveyance of the Property, the sucaessor trustee shall succeed to <br />all the title, power, and duties conferred upon Trustee herein and by Applicable I.aw. <br />25. Reqnest for l�fiotices. Barrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASK�i-5ingle Fam�y—Fa�e MaeJF`reddie Mac �7FOI2M INSTRTJMENT <br />� 338.8 Page 13 of 14 Form 9028 LOl <br />.. - -----..._ --- ..._:_����..<�:.,.��_..._�..�,�— °--- •--- •- - - �_�....... _. __ . ... . . <br />