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200705336
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200705336
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Last modified
6/25/2007 4:43:29 PM
Creation date
6/25/2007 4:43:29 PM
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DEEDS
Inst Number
200705336
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<br />200705336 <br /> <br />to the 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 <br />order Trustee detenllines. 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, TnIStee shall deliver to the purchaser Tmstee's deed conveying the Property. <br />The recitals in the Tmstee's deed shall be prima facie evidence of the tnlth of the statements made therein. Trustee shall apply <br />the proceeds of the sale in 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 as permitted by applicable law; <br />(b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />If the Lender's interest in this Security Instnunent is held by the Secretary and the Secretary requires innnediate payment <br />in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage <br />Foreclosure Act of 1994 ("Act") (12 U.S.c. 3751 ~ ~.) by requesting a foreclosure commissioner designated under the Act <br />to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the <br />Secretary of any rights otherwise available to a Lender under this paragraph 18 or applicable law. <br />19. Reconveyance. Upon payment of all smns secured by this Security Instmment, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instnlment 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 />permitted under applicable law. <br />20. Substitute Trustee. Lender, at its option, may from time to time remove Tmstee and appoint a successor trustee to <br />any Trustee appointed hereunder by an instmment recorded in the county in which this Security Instrwnent is recorded. <br />Without conveyance of the Property, the successor tmstee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />21. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address <br />which is the Property addre.~s. <br />22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this <br />Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement tlle covenants <br />and agreements of this Security hlStrument as if the rider(s) were a part of this Security Instmment. <br />[Check applicable box(es)] <br /> <br />D Condominium Rider <br /> <br />D Graduated Payment Rider <br /> <br />D Growing Equity Rider <br /> <br />D Planned Unit Development Rider <br /> <br />D Adjustable Rate Rider <br /> <br />D Rehabilitation Loan Rider <br /> <br />o Non-Owner Occupancy Rider <br /> <br />o Other [Specify) <br /> <br />NEBRASKA FIlA DEED OF TRUST <br /> <br />ITEM T2696L6 (0306}-MERS <br /> <br />(Page 6 of 7 pages) <br /> <br />GREATLAND . <br />To Order Gall: '-800-530-9393 D Fax; 616-791-1131 <br /> <br />e~, ftL."1" <br />
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