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201008040
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Last modified
10/29/2010 4:07:00 PM
Creation date
10/29/2010 4:06:59 PM
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DEEDS
Inst Number
201008040
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�o�ooso4o <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give natice to Borrower prior to acceleration following <br />Borrower's breach af any cavenant or agreement in this Security Instrument (bat not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action reqaired to cure the default; (c) a date, not less than 30 days frorn the date <br />the notice is given ta Borrower, by which the default must be cured; and (d) that failure to care the <br />default on or before the date specified in the notice may resalt in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further infarm Borrawer 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 Borrawer to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its option may reqaire 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 permitted by Applicable Law. Lender shall be en#itled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, bat not limited to, <br />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 <br />any part of the Property is located and shall mail capies 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 Applicable Law, Trustee shall give public notice af 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 auctian to the highest bidder at the time and place and under the ternts designated in the <br />notice aF sale in one or more parcels and in any arder 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 price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence af the truth <br />of the statements made therein. Trustee shall apply the proceeds 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 />alI sums secured by this Security Instrument; 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 Instrument, I.ender shall <br />r�quest Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by thzs Security Tnstrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordaCion costs. Lender may charge such person or persans a fee for reconveying the Property, but only <br />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 Trustee 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 recarded. Without conveyance of the Praperty, the successor trustee shall succeed to <br />all the title, power and duties conferred upan 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 <br />Borrower's address which is the Praperty Address. <br />2200067769 � D VSANE <br />NEBRASKA - Single Family - Fannie Mee/Fredde Mac UNIPQRM INSTRUMENT WITH S <br />�-6AINE) loaio� Paga 13 of 15 Initiais:� Form 3028 7/01 <br />m <br />
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