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201207512
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201207512
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Last modified
7/20/2017 9:49:53 AM
Creation date
9/10/2012 3:55:10 PM
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DEEDS
Inst Number
201207512
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201207512 <br /> 20. Foreclosure Procedure. If Lender requires immediate payment in full under Paragraph 9, <br /> Lender at its option may require immediate payment in full of all sums secured by this <br /> Security Instrument without further demand and may invoke the power of sale and any other <br /> remedies permitted by applicable law. Lender shall be entitled to collect all expenses <br /> incurred in pursuing the remedies provided in this Paragraph 20, including, but not limited <br /> 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 <br /> Applicable Law.After the time required by Applicable Law,Trustee shall give public notice <br /> of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without <br /> demand on Borrower,shall sell the Property at pubiic auction to the highest bidder at the <br /> 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 postpone sale of all or any parcel of the <br /> Property by public announcement at the time and place of any previously scheduled sale. <br /> Lender or its designee may purchase 4he 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 <br /> evidence of the truth of the statements made 4herein.Trustee shall apply the proceeds of the <br /> sale in the following order: (a)to all costs and expenses of exercising the power of sale, <br /> and the sale, including the payment of the Trustee's fees actually incurred and reasonable <br /> attorneys' fees as permitted by Applicable Law; (6) to all sums secured by this Security <br /> Instrument;and(c)any excess to the person or persons legally entitled to it. <br /> 21. Lien Priority. The full amount secured by this Security Instrument shall have lien priority <br /> subordinate only to the full amount secured by the First Security Instrument. <br /> 22. This section is intentionally left 61ank. <br /> 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br /> request Trustee to re-convey the Property and shall surrender this Security Instrument and all notes <br /> evidencing debt secured by this Security Instrument to Trustee.Trustee shall reconvey the Property <br /> without warranty to the person or persons legafly 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, <br /> but only if the fee is paid to a third party (such as the Trustee) for services rendered and the <br /> charging of the fee is permitted under Applicabie Law. <br /> 24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br /> successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in <br /> which this Security Instrument is recorded. Without conveyance of the Property, the successor <br /> trustee shall succeed to all the title, power arrd duties conferred upon Trustee herein and by <br /> Applicable Law. <br /> 25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br /> Borrower's address which is the Property Address. <br /> ����� <br /> IIIIIIIIIIIIIIIIIIIIIIIII I IIIIIIIII�II <br /> Finale Oocument Services 8 0279(07/07) (8 of 9) Nebreska Sewnd Deed of Trus[-HEGM FIXE�RATE <br />
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