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Last modified
10/15/2010 4:05:57 PM
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10/15/2010 4:05:56 PM
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DEEDS
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201007613
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2010a�613 <br />NON-UNIFORM COVENANTS_. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Sarrower's breach of any covenant or agreement in this Security Instrument (but npt prior to <br />acceleration under Settian 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the <br />default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the <br />notice is given to Borrawer, by which the default must be cured; and (d) that failure to cure the default <br />on or before the date speci�ed in the notice may result in acceleration oT the sums secured by tl�is <br />Security Instrument and sale of the Property. The natice shall further infarm Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or <br />any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date <br />speci�ed in the notice, Lender at its option may require immediate payment in full of all sums secured <br />by this Security Instrument without further demand and may invoke the power of sale and any other <br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in <br />pursuing the remed'res provided in this Sectfon ZZ, ancluding, but not limited to, reasonable attorneys' <br />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 <br />part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Appl'rcable Law, Trustee shall give public notice of sale to the perso�s and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public <br />auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in any arder Trustee determines. Trustee may postpane sale of all or any parcel <br />ot the Property by public announcement at the time and place of any previously scheduled sale. Lender <br />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 <br />conveying the Properiy. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all <br />costs and expenses of exercising the power of sale, and the s$le, including the payment of the Trustee's <br />fees actually incurred a�nd reasonable attorneys' fees as permitted by Applicable Law; (b) tp ali sums <br />secured by this Security Instrument; and (c) any excess ta the person or persons legally entitled to it. <br />23. Recanveyance. Upon payment of all sums secured by this Security Instrurnent, Lettder shall request <br />Trustee to reconvey the Property and shall surrender this Security instrument and all nates evidencing debt <br />secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the <br />person or persons legally entitled to it. Such person or persons st�all pay any recordation costs. Lender may <br />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 th� 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 Ttustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trustae shall succeed to all <br />the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Barrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRA8KA- Single Family - FannieMae/FreddieMac UNIFORM INSTRUMENT <br />Form 3028 1/01 I � <br />Laser Forms Inc. (800) 446-3555 <br />LFI#FNMA3028 kl02 Page12 Of 13 1111t181S: <br />
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