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201007625
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Last modified
10/15/2010 4:23:31 PM
Creation date
10/15/2010 4:23:30 PM
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DEEDS
Inst Number
201007625
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2Q10p7S25 <br />NON-UNIFORM COVENANTS. Borrower and Lender further cavenant and agrec as follows: <br />22. Acceteration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the actipn reyuired to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before thc date specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or any other defense of Borrower to acccl�ration and sale. If the default is not cured an or <br />before the date speci�ed in the notice, Lender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument withaut further demand and may invoke the power of <br />sale and any other remedies perrnitted by Applicable Law. Lender shall be entitled tp collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attvrneys' 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 <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Sorrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the priee bid, Trustee sha11 deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the "Trustee's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the praceeds of the sale in the following order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security lnstrament; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Inst�rument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secuxed by this Security Instniment to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persans legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Propexty, but only <br />if the fee is paid to a third party (such as the Trustee) for services rendered az�d 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 Trustee and appoinC a <br />successor ttustee ta any Trustce appointed hereunder by axi instrurnent recorded in the county in which this <br />Security Instrument is xecorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustea herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default az�d sale be sent to <br />Borrower' s address which is the Property Address. <br />8800885775 88008857'75 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIPORM INSTRUMEN7 WI7H ME <br />�•6A(NE� �oe�o) Page 13 of 15 i,,;�; Form 3028 1/01 <br />� �� <br />
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