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201204643
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Last modified
6/28/2012 4:21:22 PM
Creation date
6/12/2012 8:55:57 AM
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DEEDS
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201204643
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� <br />inform Borrower of the right to reinstate after acqeler.ation and the right to bring a court action to assert the <br />non-ezistence of a default or any other defease of g'orrower to acceleration and sale. If the default is not cured on <br />or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums <br />secured by this Security Instrument without furt6er demand and may invoke the power of sale and any other <br />remedies permitted by Applicable Law Lender shall be entitled to collect all ezpenses incurred in pursuing the <br />remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title <br />evidence. <br />If the power of sale is invoked, TYustee 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 prescribed byApplicable Law to Borrower <br />and to the other persons prescribed byApplicable Law After the time required by Applicable Law,'IYustee shall <br />give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without <br />demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and <br />under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of <br />any previously scheduled sale. Lender or its desiguee 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 <br />Property. The recitals in the 1Yustee's deed shall be prima facie evidence of the trath of the statements made <br />therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and ezpenses of <br />ezercising the power of sale, and the sale, including the payment of t6e Trustee's fees actually incurred and <br />reasonable attorneys' fees as permitted by Applica6le Law; (b) to all sums secured by this Security Instrument; <br />and (c) any ezcess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />re-convey the Property and sha11 surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Properiy without warranty to the person or persons legally entitled 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 charging of the <br />fee is permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is <br />recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Bonower requests that copies of the notice of default and sale be sent to Borrower's <br />address which is the Properiy Address. <br />NEBRASKA -Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT with MERSForm 30Z8 1/01 <br />Page 12 of 13 � <br />ios,mc. Borrower(s)IniUals �� <br />
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