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<br />200700761 <br /> <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 Borrower and to <br />the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give public <br />notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, <br />shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in <br />the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its <br />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 therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power <br />of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as <br />permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or <br />persons legally entitled to it. <br />22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustec to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such <br />person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the <br />Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is <br />pennitted under Applicable Law. <br />23. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to <br />any Trustee appointed hereunder by an instrulllcnt reeorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor tmstee shall succeed to a\l the title, power and duties conferred upon <br />Trustee herein and by Applicable Law. <br />24. Request for Notices. Borrower, for himself or herself and for each party hereto, hereby requests a copy of any <br />notice of default and a copy of any notice of sale hereunder be mailed to Borrower at the Property Address, unless noticc has <br />been given of a different mailing address. <br /> <br />REQUEST FOR NOTICE OF DEFAULT <br />AND FORECLOSURE UNDER SUPERIOR <br />MORTGAGES OR DEEDS OF TRUST <br /> <br />Borrower and Lender request the holder of any mortgage, deed of trust or other encumbrance with a lien which has <br />priority over tlns Security Instrument to give notice to Lender, at Lender's addrcss set fOrtII on page one of this Security <br />Instrument, of any default under the superior encumbrance and of any sale or otller foreclosure action. <br /> <br />NEBRASKA DEED OF TRUST-Single family-Secondary Lien <br />THE COMPLIANCE SOURCE. INC. tl:l <br />ITEM 8627L10 (0304)---MERS MFNE3118 (Page 10 of 11 pages) <br /> <br />400J247094 GREATLAND. <br />To Or er Call: 1-800-530-9393 [] Fax: 616.791-1131 <br />