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201208915
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Last modified
10/25/2012 8:17:06 AM
Creation date
10/25/2012 8:17:05 AM
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DEEDS
Inst Number
201208915
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�0�208915 <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall giva notice to Borrower prior to acceleration following <br />Borrower's brea.ch of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwisa). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by which the default must be cured; and (d) that failure to cnre tha <br />default an or before the date specified 'm the notice may result in acceleration of the sums secur� by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate aftet acceleration and the right to bring a court action to assett the non-existanca of <br />a default or any other defense of Borrower to acceleration and sale. If tha default is not cured on ar <br />befora tha date specified 'm the notice, Lender at its option may require immediate payment in full of <br />all sums 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 all <br />expenses incurred in pursuing the remedies provided in this 5ection 22, including, but not limited to, <br />reasonable attornays' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of defauk in each county in which <br />any part of the Property is l�ated and shall mail copias of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the time and place of any previousYy <br />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 putchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's de�d shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in tha following order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, includ'mg the paym.ent of the <br />Trustee's fees actually incuraed and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Properly and shall surrender this Security Instrument and all notes <br />evidencing debt secured by ttus Security Instrument to Trustee. Trustee shall 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 only <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is <br />permitted under Applicable 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 counly in which this <br />Security Instrnment is recorded. Without conveyance of the Property, the successor trustee shall sncceed to <br />all the title, power and duties 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 <br />Borrower's address which is the Property Address. <br />87849123 0085755908 <br />N�RASKA - Single Family - Fannie Mae/Freddfe Mac UNIFORM INSTRUM�VT WITH MERS �� <br />�-EA(NE) rosao) Page 13 of'IS wueis: � Form 3028 1/01 <br />� <br />
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