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201008448
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201008448
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Last modified
11/12/2010 3:36:31 PM
Creation date
11/12/2010 3:36:30 PM
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DEEDS
Inst Number
201008448
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� <br />201008448 <br />NON-LTNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior ta acceleration following <br />Borrower's breach af 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) 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 Borrower, 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 of the sums secured by this <br />Security Instrument and sale of the Property. The notice shall further inform Borrower ot 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 />specified 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 remedies provided in this Section 22, including, but not limited to, reasonable attorneys' <br />fees and costs of title evidence. <br />If the power ot sale is invoked, Trustee shall record a notice of default in each county in which any <br />part of the Property is located and sh$11 mail copies of such notice in the manner prescribed by <br />Applicable T�aw to Borrower and to the other persons prescribed by Appl'rc$ble 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 public <br />auction ta the highest bidder at the time and place and a►�der the terms designated in the notice of sale in <br />oae or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel <br />of the Property by public announcement at the time and place of $ny previously scheduled sale. Lender <br />or its designee may purchase the Property at any sale. <br />❑pon receipt of payment af the price bid, "1"rnstee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the 'I'rustee's deed shall be prima Facie evidence of the truth of <br />the st�tements made therein. Trustee shall apply the proceeds af the sale in the following order: (a) to all <br />costs and expenses of ex�rcising the power of sale, and the sale, including the payment of the Trustee's <br />fees actually incurred �nd reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums <br />secured by this Security Instrurnent; and (c) any excess to the person or persons legally entitled to it. <br />23. Reconveyance. Upan payment of all sums secured by this Security Instrument, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Security lnstrurnent and all notes 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 persans shall pay any recardation costs. Lender may <br />charge such person or persons a fee for reconveying the Property, but pnly if the fee is paid to a third party <br />(such as the 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 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 recorded. Without conveyance of the Property, the successor trustee shall succeed to all <br />the title, power and duties conferred upon 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 Property Address. <br />NEBRASKA- Single Family - FannieMae/FreddieMac UNIFORM INSTRUMENT <br />Form 3028 1/01 <br />Laser Forms Inc. (800) 446-3655 <br />LFI#FNMA3028 4/02 Page12 of13 Initials: _ <br />
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