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201203660
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Last modified
6/5/2012 4:39:15 PM
Creation date
5/9/2012 11:00:38 AM
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DEEDS
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201203660
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2Q120366� <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such notice in the manner <br />prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the <br />time required by Applicable Law, Trustee shall give public nottce of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public anction to <br />t6e 6ighest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels <br />and in any order Trustee determines. Trustee may poetpone sale of aII or any parcel of the Property by public <br />announcement at the time and place of any previously sc6eduled sale. Lender or its designee may purchase the <br />Propecty at any sale. <br />Upon receipt of payment of the price bid, Trustee s6a11 deliver to the purchaser Tivstee's deed conveytng the <br />Property. T6e recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made <br />therein. Trustee s6all apply the proceeds of the sale in the following order: (a) to all costs and ezpenses of <br />exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br />reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; <br />and (c) any excess to the person or persons legally entitled to i� <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />re-convey the Property and shall surrender this Security Insttument and a11 notes evidencing debt secured by tlus Security <br />Instrument to Trustee. Trustee shall reconvey the Properiy without wairanty to the person or persons legally entifled to it. <br />Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying <br />the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the chazging of the <br />fee is permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its oprion, may from time to time remove Trustee and appoint a successor tivstee <br />to any Trustee appointed hereunder by an instrument recorded in the county in wluch this Security Instrument is <br />recorded. Without conveyance of the Properiy, the successor irustee shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's <br />address wtuch is the Property Address. <br />NEBRASKA <br />ios, i��. <br />MeelFrecftlie MeC UNIFORM INSTRUMENT F 302� <br />Page 12 of 13 <br />Borrower(s) Inidals �. <br />
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