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201007360
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Last modified
10/7/2010 3:02:50 PM
Creation date
10/7/2010 3:02:49 PM
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DEEDS
Inst Number
201007360
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20100'73f 0 <br />or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The <br />notice shall specify: la1 the default; Ib1 the action required to cure the default; Ic) a date, not less than 30 days from the date the notice is <br />given to Borrower, by which the default must be cured; and (d1 that failure to cure the default on or before the date specified in the notice <br />may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform <br />Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any <br />other defense of Borrower to acceleration and Salo. If the default is not cured on or before the date specified in the notice, Lender at its <br />option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the <br />power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the <br />remedies provided in this Section 22, including, but not 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 Property is located and <br />shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable <br />Law. After the time required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by <br />Applicable Law. trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place <br />and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone <br />sale of all or any 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 Property. The recitals in <br />the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale <br />in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's <br />fees actually incurred and reasonable attvmeys' fees as permitted by Applicable Law; Ib) to all sums secured by this Security Instrument; <br />and (c1 any excess to the person or persons legally entitled to it. <br />23. Recanveyance. 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 <br />shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person ar persons shall pay any <br />recordation casts. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party <br />(such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee <br />appcinted hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the <br />Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address which is the <br />Property Address. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider <br />executed by Borrower and recorded with it. <br />Witnesses: <br />[Space Below This Line For Acknowledgment] <br />INDIVIDUAL ACKNOWLEDGMENT <br />STATE OF 1 <br />) SS <br />COUNTY OF ~~t~~J <br />On this day before me, the undersigned Notary Public, personally appeared SCOTT R SCHULTZ and KRISTIN M SCHULTZ, Husband and <br />Wife, to me known to be the individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of <br />Trust as their free and voluntary act and deed, for the uses and purposes therein me Toned. <br />Given under my hand and official seal this ~~ day of , 20 ~ t7 <br />By <br />AEI~It11L MCiTARI-•~M of MebrMka y /~~yy ri.a.~?~,~ <br />A~IOEL,A 19UE ~~~~ Notar Pu lic in and for the State of <br />11y 1",rA11M11. ~ OCt.'~3, 2010 Residing at <br />My commission expires __1 Q wa3~~_~ <br />LASER PRO Lending, Ver. 5.62.10.001 Gopr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. - NE <br />G:\CFINEW\CFI\LPL\G04.FC TR-14477 PR-93 <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 9109 <br />Page 6 of 6 <br />
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