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2010037f2 <br />451005450 <br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default ar any ether <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, <br />Lcndcr at its option may require immediate payment in full of all sums secured by this Security Instrument without <br />further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall <br />be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but not <br />limited to, 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 <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 ar 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 paymcut of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property, The recitals in the Trustee's decd 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 ar <br />persons legally entitled to it. <br />23. Rccanvcyance. Upon payment of all sums secured by this Security instrument, Lender shall request Tntstee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instniment to Tntstee. Tntstee 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 />24. Substitute Trustee. Lender, at its option, may from time to time remove Tntstee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security instrument is recorded. <br />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 />25. Request for Notices. Forrower requests that copies of the notice of default and sale be sent to Borrower's address <br />which is the Property Address. <br />BY S[GNING ]3ELOW, Forrower accepts and agrees to the terms and covenants contained in this Security Instrument <br />and in any Rider executed by Borrower and recorded with it. <br />- BORROWER - WARREN L. PENNELL - DATE - <br />- EORRAWER - RANDIR.FENNELL - DATE - <br />NF.I3RASKA--Single Family--Fannie Mae/Freddie Mac UNIN'QRM INS'1'RUMF.NT <br />338.2 Pagc 1 ] of 12 Form 3028 1/Dt <br />~~~ <br />