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201301185
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Last modified
12/31/2013 11:58:00 AM
Creation date
2/13/2013 10:23:25 AM
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DEEDS
Inst Number
201301185
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201301185 <br /> and the right to bring a court action to assert the non-existence 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 expenses 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,and 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 excess to the person or persons legally entitled to it. <br /> 23.Reconveyance.Upon payment of all sums secured by this Security Instrument,Lender shall <br /> request Trustee to reconvey 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 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 /> 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 which <br /> this Security Instrument is recorded.Without conveyance of the Property,the successor trustee shall <br /> succeed to 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 /> 1195239026 <br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT / Form 30281/01 <br /> VMP® 03/11 <br /> Wolters Kluwer Financial Services 201302064 00.0 4002-J20110929Y I m . Page 15 of 17 <br /> lII�IIIIII�H 1111111111 VIII lII 1IIIIII1 II <br />
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