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201007711
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Last modified
10/19/2010 4:57:37 PM
Creation date
10/19/2010 4:57:36 PM
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DEEDS
Inst Number
201007711
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�oioa�7i1 <br />asiosa3s� <br />Lender 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 Applitable Law. Lender shall <br />be entitled to collect all expenses incurred in pursuing the remedies provided in this Sectian 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 � notice af 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 Borrawer 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 prescrfbed by Applicable Law. Trustee, without demand on Borrower, <br />shall sell the Property at public auctlon to the highest bidder at the time and place and under the terms designated jn <br />the notice of sale in one or more parcels and in any order Trustee determines. Trustec may postpone sale of all or 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 payment of the price bid, Trustee shall delfver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall �pply the proceeds of the sale in the following order: (a) to �11 costs and expenses of exercising the power <br />of sale, and the sale, includiag the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as <br />permitted by Applieable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or <br />persons legally entitled to it. • <br />23. Reconveyance. Upon payment of all sums secured by this Security Tnstrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security instrument 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 />ProperCy, but only if the fee is paid to a third party (such as the Trustee) far 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 Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an insCrument recorded in the caunty in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall suceeed to all the title, pawer and duties conferred upon <br />Trustee herein and by Applicable I,aw. <br />25. Request for Notices. Borrower requests that copies af thc notice of default and sale be sent to Borrower's address <br />which is the Property Address. <br />BY SIGNING BELQW, Borrower accepts and agcees to the terms and covenants contained in this Security Instrument <br />and in any Rider executed by Borrower and recorded with it. <br />�,,...� <br />/� �� �a <br />- B RROWER - JAMES P. MCNALLY - DATE - <br />" G� V �' `� � I � <br />- SORROW - bIARY R. MC LY - bATE - <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />� 33g.2 Pagc II of 12 Form 3028 1/Ol <br />
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