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201205957
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Last modified
7/20/2012 2:43:21 PM
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7/20/2012 2:43:20 PM
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DEEDS
Inst Number
201205957
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20120595� <br />and the right to bring a court action to assert the non-ezistence of a default or any other � <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date <br />specified in the notice, Lender at its option may require immediate payment in full of all sums <br />secured by this Security Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect <br />all ezpenses incurred in pursuing the remedies provided in this Section 22, including, but not <br />limited to, reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in <br />which any part of the 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 <br />Law. After the time required by Applicable Law, Trustee shall give public notice of sale to <br />the persons and in the manner prescribed by Applicable Law. Trustee, without demand on <br />Borrower, shall sell the Property at public auction to the highest bidder at the time and place <br />and under the terms designated in the notice of sale in one or more parcels and in any order <br />Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled sale. Lender or its designee <br />may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence <br />of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in <br />the following order: (a) to all costs and expenses of exercising the power of sale, aad the sale, <br />including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees <br />as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) <br />any ezcess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of a11 sums secured by this Security Instrument, Lender sha11 <br />request Trustee to reconvey the Property and sha11 surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee sha11 reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but <br />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 />0 <br />24. Substitute Trustee. Lender, at its option, may frorn time to time remove Tnxstee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which <br />this Security Instrument is recorded. Without conveyance of the Property, the successor trustee sha11 <br />succeed to a11 the title, power and duties 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 <br />Borrower's address which is the Property Address. <br />_ G�i.t�.� �9 �'�� ,45�07� <br />NEBRASKASingle Family-Fannia Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281l01 <br />09/10 <br />VMP� <br />Wottare Kluv�r Finerxial Servicas 201207094.0.0.0.4002-J20110209Y Initlals: Paga 15 of 17 <br />'H 1 7 <br />
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