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201008277
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Last modified
1/11/2011 2:34:57 PM
Creation date
11/8/2010 3:04:10 PM
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DEEDS
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201008277
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2oioos2�� <br />NON-iINIFORM COVENANTS. F3orrower and Lender further covenant and a�ree as follows: <br />22. Acccicration; Remedies. Lender shall give noticc tp Borrower prior tp acceleration follawing <br />Borrower's breach of any covenant or agreement in this Security Instrument (but nat prior to <br />acceleratipn under Section 18 unless Applicable Law pravides otherwise). Thc natice shall specify: (a) <br />the default; (b) the action reqaired to curc the default; (c) a date, nat Icss than 30 days fram the date <br />the noticc is given to Borrawer, by which the default ►nust be cured; $nd (d) that failure to carc the <br />default pn or before the date speci�ed in the natice may result in acceleration of the sums Sccured by <br />this Security Instrument and salc of the Property. The notice shall further inform Borrower of t6e <br />right to reinst�te after acceleratioa and thc right ta bring a court action ta �ssert the nqn-existence of <br />a default or any other defense of Borrower to acceleratian and sale. If the def$ult is not cured an or <br />befprc thc dutc specified in the uotice, Lender at its option may require immcdiate payment in full of <br />all sums secured by this Security Instrumcnt without further demand and may invoke the pawer of <br />salc and any other remedies permitted by Applicablc Law. Lender shall be entitled tv collect all <br />expenses incurred in pursuing the remedies provided in this Sectian 22, including, but not lirnited to, <br />reasanable attorneys' fees and costs of title evidcncc. <br />If the power af salc is invoked, Trustee sh�ll record a noticc of def�ult in each county in which <br />any part of the Pwoperty is located and shall mail copies of such notice in the manner prescribed by <br />Applicable I,aw to Barrawer and to the other persons prescribed by Applicablc Law. After the time <br />required by Applicable Law, Trustcc shall give public notice of sale to the persons and in the manner <br />prescnibed by Applicable Law. Trustee, without demand on Barrawer, shall sell the Property at <br />public auction to the highest bidder at the timc and place $nd under the terms designated in the <br />notice of sale in onc or mpre pareels and in any order Trustee dctermines. Trustee may pastpone sale <br />of all or any parcel of the Property by public announcement at the timc and pl�ce of any previously <br />scheduled sale. Lender or its designec may purchase the Property at any sale. <br />Upan receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustcc's deed <br />conveying thc Araperty. The recitals in the Trustee's dced shall be prima facie evidence of thc truth <br />of the statements made therein. Trustec sl�all apply the proceeds of the s�le in the following order: (a) <br />to all costs and expenses of exercising the powcr of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicablc Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or �ersons legally <br />entitled to it. <br />23. l2ecpnveyanee. Upon paymcnl �f all sums secured by this Security Instruinent, Lender shall <br />requcsC Trustce to reconvey the Properry and shall surrender this 5ecurily Instrument and all notes <br />evidencing debt secured by this Sc;curily Instruanent to Trustee. TrusCee ahall reconvey the Property <br />without warranty to the person or persons legally cnLiCleci to it. Such pc:rson or persons shall pay any <br />recordalion costs. Lender may char�e such person or per5on5 a fee for reconvcying the Property, but only <br />if the fee is paid to a third party (such as the `l'rustee) for services rcndered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, inay froin timc to time reinove Trustee and appoint a <br />successar trustee to any Trustee appointed hercunder by an instn�ment recorded in the caunty in which this <br />Security Instrument is recordeci. Without conveyance of the Property, lhc successor trustce shall succeed to <br />all the titic;, power and duties conferred u�n Trustee hercin and by Applicabla Law. <br />Z5. Request far Notices. Barrower requ.�sLs LhaL copies of the notice of default and salc be sent to <br />Borrower's address which is the Property Addre,�ss. <br />880D893925 880Q893725 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNI�ORM INSTRUMENT WITH,�YIEF�S <br />�-6A(NE) {oe�o� Page 13 of 15 Iniliuls: L� Form 3028 7/01 <br />� �� <br />
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