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201208205
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10/2/2012 4:21:29 PM
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10/2/2012 4:21:29 PM
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DEEDS
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201208205
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��� <br />� :0 9. <br />e._,� <br />�' ' 10. <br />,:� � <br />�0�208205 <br />Any notice to Borrower provided for in this security instrument shall be given by delivering it or by mailing it by <br />first class mail unless Nebraska Law requires use of another method, at the Borrower's last know address. <br />This security instrument and the note which it secures shall be govemed by Nebraska Law. <br />�. ti-° 11. Lender shall give notice to Borrower following Borrower's breach of any covenant or agreement in this security <br />�, agreement and the note which its secures. The notice shall specify (a) the default, (b) the action required to <br />„._,, cure the default, (c) a date not less than 30 days from the date the notice is given to Borrower by which the <br />`" default must be cured, and (d) that failure to cure the default on or before the date specified in the notice may <br />�-° result in acceleration of the sum secured by this security agreement and resale ofthe property. The notice shall <br />further inform Borrower of the right to reinstate, after acceleration, and the right to bring a court action to assert <br />the nonexistence of a default or any other defense of Borrower to acceleration and sale. If default is not cured, <br />on or before the date specified in the notice, Lender, at its option, may require immediate payment in full of all <br />sums secured by this security agreement without further demand and may invoke the power of sale and any <br />other remedies permitted by Nebraska Law. Lender shall be entitled ta collect all expenses incurred in pursuing <br />the remedies provided in this paragraph, including but not limited to reasonable attomey fees and costs of title <br />evidence. <br />12. 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 prescribed by Nebraska Law. Trustee <br />shall give public notice of sale to the persons and in the manner prescribed by Nebraska 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 <br />of any previousiy scheduled sale. Lender or its designee 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 Trustee's Deed shall be prima facie evidence of the truth of the statements made <br />therein. Trustee shall apply the proceeds of sale in the following order: (a) to all expenses of the sale, including, <br />but not limited to, Tn.istee's fees as permitted by Nebraska Law and reasonable attomey fees; (b) to all sums <br />secured by this security agreement; and (c) any excess to the person or persons legally entitled to it. <br />13. Upon acceleration under Paragraph 12 or abandonment of the property, Lender (in person, by agent or by <br />judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the property and <br />to collect the rents of the properly, including those past due. Any rents collected by Lender or the receiver shall <br />be applied first to payment of the costs of management of the property and collection of rents including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attomey fees, and then to the sums <br />secured by this security instrument. <br />14. <br />15. <br />16. <br />Upon payment of all sums as herein provided, Lender shall direct Trustee to reconvey the property and shall <br />surrender this security instrument and the note secured. Trustee shall reconvey the property without warranty <br />and without charge to the persons legally entitled to it. <br />Lender, at its option, may from time to time remove.Trustee and appoint a successor Trustee by an instrument <br />recorded in the county in which this security instn.�ment is recorded. Without conveyance of the property, the <br />successor Trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by <br />Nebraska Law. <br />Borrower requests that copies of all notices provided herein be sent to the Borrowers address which is _ <br />95�7 Mill Rivar Rr�_� Granrl Tclanr�� NF 688�1 <br />Request for Notice. Trustor and Beneficiary hereby request a copy of any notice of default, and a copy of any notice <br />of sale thereunder, be mailed to each person who is a party hereto af the address of such person set forth in this Deed <br />of Trust. <br />IN WITNESS HEREOF the Borrowers have signed this agreement. <br />I��` �1.�/�v. C,e � . �� ��;, <br />( ame) <br />STATE OF NEB SKA ) <br />COUNTY OF b4� /�r3�ff� � SS <br />The foregoing instrument was acknowledged before me on October 1 , 2012 , by <br />�/ <br />,�, GENERAL NOTARY - State of Nebraska <br />�� KELLY S. FlTCHHORN <br />�__ �:, My C6mm. Fxp. FE8.14, 2014 <br />
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