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99105730
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Last modified
3/13/2012 5:57:53 PM
Creation date
10/20/2005 11:34:57 PM
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DEEDS
Inst Number
99105730
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. ��9� � <br /> 1 �S'730 <br /> NON-LJNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br /> 21. Acceleration;Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any <br /> covenant or agreement in this Security Instrument(but not prior to acceleration under paragraph 17 unless applicable law provides <br /> otherwise).The notice shall specify:(a)the default;(b)the action required to cure the default;(c)a date,not less than 30 days from the <br /> date the notice is given to Borrower,by which the default must be cured;and(d)that failure to cure the default on or before the date <br /> specified in the notice may 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 to assert the non- <br /> existence of a default or any other 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 secured by this Security Instrument <br /> without further demand and may invoke the power of sale and any other remedies permitted by applicable law.Lender shall be <br /> entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21,including,but not limited to, <br /> 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 which any part of the Property is <br /> located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons <br /> prescribed by applicable law.After the time required by applicable law,Trustee shall give public notice of the sale to the persons and <br /> in the manner prescribed by applicable law. Trustee,without demand on Borrower,shall sell the Property at public auction to the <br /> highest bidder at the time and place 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 announcement at the time and place of <br /> 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 Property.The <br /> recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.Trustee shall apply the proceeds <br /> of the sale in the following order:(a)to all cost and expenses of exercising the power of sale,and the sale,including the payment of the <br /> Trustee's fees actually incurred,not to exceed %of the principal amount of the Note at the time of the declaration of <br /> default,and reasonable attorneys'fees as permitted by law;(b)to all sums secured by this Security Instrument;and(c)any excess to <br /> the person or persons legally entitled to it. <br /> 22. Reconveyance. Upon payment of all sums secured by this Security Instrument,Lender shall request Trustee to reconvey the <br /> Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee.Trustee shall <br /> reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such persons shall pay any <br /> recordation costs. <br /> 23. Substitute Trustee. Lender,at its option,may from time to time remove Trustee and appoint a successor trustee to any Trustee <br /> appointed hereunder.Without conveyance of the Property,the successor trustee shall succeed to all the title,power and duties conferred upon <br /> Trustee herein and by applicable law. <br /> 24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the <br /> Property Address. <br /> 25. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security <br /> Instrument,the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and <br /> agreements of this Security Instrument as if the rider(s)were a part of this Security Instrument. <br /> (Check applicable box(es)) <br /> � Adjustable Rate Rider � Condominium Rider � 1-4 Family Rider <br /> � Graduated Payment Rider � Planned Unit Development Rider � Biweekly Payment Rider <br /> � Balloon Rider � Rate Improvement Rider � Second Home Rider <br /> � V.A.Rider � Other(s)(specify): <br /> NEBRASKA--Single Family--FNMA/FHLMC iJNIFORM INTRUMENT Form 3028 9/90 <br /> (page 5 of 6) ��� 1�j��,� <br /> tns,[nc. Borrower's Initials�`!L ����/ <br /> - -,- <br />
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