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201302913
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Last modified
12/31/2013 2:32:04 PM
Creation date
4/12/2013 10:43:18 AM
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DEEDS
Inst Number
201302913
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201302913 <br /> Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br /> 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br /> breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section <br /> 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b)the action required <br /> to 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 sums secured by this Security Instrument and sale of the Property. The notice <br /> shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action <br /> to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the default <br /> is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in <br /> full of all sums secured by this Security Instrument without further demand and may invoke the power of sale <br /> and any other remedies permitted by Applicable Law.Lender shall be entitled to collect all expenses incurred <br /> in pursuing the remedies provided in this Section 22, including, but not limited to,reasonable attorneys' fees <br /> and costs of title evidence. <br /> 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 Applicable Law to <br /> Borrower and to the other persons prescribed by Applicable Law.After the time required by Applicable Law, <br /> Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. <br /> Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time <br /> and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br /> determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br /> and place of any previously 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 the sale in the following order: (a) to all costs and expenses of <br /> exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br /> reasonable attorneys' fees as permitted by Applicable Law; (b)to all sums secured by this Security Instrument; <br /> and(c)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 request Trustee <br /> to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by <br /> this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or <br /> persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such <br /> person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the <br /> Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. <br /> 24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br /> trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security <br /> Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, <br /> 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 Borrower's <br /> address which is the Property Address. <br /> NEBRASKA-Single FamllyFanme MaelFreddes Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VMP S VMP6(NEI 11105)00 <br /> Wolters Kluwer Financial Sewn 1 f Page 13 of 15 <br /> I�Iill�lll1111II II111111111111IIII IIIIIIIIII ° G <br /> DDOONE9841046 <br />
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