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202208315 <br />Default; (iii) a date, not Tess than 30 days (or as otherwise specified by Applicable Law) from the date the <br />notice is given to Borrower, by which the Default must be cured; (iv) that failure to cure the Default on or <br />before the date specified in the notice may result in acceleration of the sums secured by this Security <br />Instrument and sale of the Property; (v) Borrower's right to reinstate after acceleration; and (vi) Borrower's <br />right to bring a court action to deny the existence of a Default or to assert any other defense of Borrower <br />to acceleration and sale. <br />(b) Acceleration; Power of Sale; Expenses. If the Default is not cured on or before the date <br />specified in the notice, Lender may require immediate payment in full of all sums secured by this Security <br />Instrument without further demand and may invoke the power of sale and any other remedies permitted <br />by Applicable Law. Lender will be entitled to collect all expenses incurred in pursuing the remedies <br />provided in this Section 26, including, but not limited to: (i) reasonable attorneys' fees and costs; (ii) <br />property inspection and valuation fees; and (iii) other fees incurred to protect Lender's interest in the <br />Property and/or rights under this Security Instrument. <br />(c) Notice of Sale; Sale of Property. If the power of sale is invoked, Trustee will record a notice <br />of Default in each county in which any part of the Property is located and will mail copies of such notice, <br />in the manner prescribed by Applicable Law, to Borrower and to the other required recipients. After the <br />time required by Applicable Law, Trustee will give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without further demand on Borrower, will sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the notice of <br />sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or <br />any parcel of the Property by public announcement at the time and place of any previously scheduled <br />sale. Lender or its designee may purchase the Property at any sale. <br />(d) Trustee's Deed; Proceeds of Sale. Upon receipt of payment of the price bid, Trustee will <br />deliver to the purchaser a Trustee's deed conveying the Property. The recitals in the Trustee's deed will <br />be prima facie evidence of the truth of the statements made in that deed. Trustee will apply the proceeds <br />of the sale in the following order: (i) to all costs and expenses of exercising the power of sale, and the <br />sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees and <br />costs, as permitted by Applicable Law; (ii) to all sums secured by this Security Instrument; and (iii) any <br />excess to the person or persons legally entitled to it. <br />27. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender will <br />request Trustee to reconvey the Property and will surrender this Security Instrument and all Notes <br />evidencing the debt secured by this Security Instrument to Trustee. Upon such request, Trustee will <br />reconvey the Property without warranty to the person or persons legally entitled to it. Such person or <br />persons will pay any recordation costs associated with such reconveyance. 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 <br />the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. <br />28. Substitute Trustee. Lender may, from time to time, by itself or through the Loan Servicer, <br />remove Trustee and appoint a successor trustee to any Trustee appointed under this Security Instrument <br />by an instrument recorded in the county in which this Security Instrument is recorded. Without <br />conveyance of the Property, the successor trustee will succeed to all the rights, title, power, and duties <br />conferred upon Trustee in this Security Instrument and by Applicable Law. <br />29. Request for Notices. Borrower requests that copies of any notice of Default and/or notice of <br />sale be sent to each party to this Security Instrument at the Notice Address as defined in Section 16(c). <br />111 111 IlIII 111 11 <br />* 1 3 0 5 8 3* <br />NEBRASKA --Single Fam ly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center ® 3027 09/21 <br />CMOR111111111111111 II II <br />T D O T* <br />Form 3028 07/202 <br />Page 17 of 18 <br />