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201009681
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Last modified
12/27/2010 3:16:07 PM
Creation date
12/27/2010 3:16:06 PM
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DEEDS
Inst Number
201009681
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�, <br />�oiao9ssl <br />NON-UNIFORM COVBNANTS. Borrower and Lender furthar covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give nptiee to Borrower pr'ror to acceleration following <br />Borrower's breach of any cov�nant ar 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 spec'rfied in the notice may result in acceleration of the sums secured by this <br />Seeurity Instrument and sale of the Property. The notice sh$11 further inform Borrower of the right to <br />reinstate at'ter acceleratian 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 af all sums secured <br />by this Security Instrument withaut further demand and may invake 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 ta, reasanable attorneys' <br />1'ees and eosts of title evidence. <br />If the power af sale is invoked, 'I'rustee shall record a notice of default in each county in which any <br />part of the Property is located and shall mnail copies of such notice in the manner preseribed by <br />Applicable Law to gorrower 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 oa Borrower, shall sell the Property at public <br />auction to the highest bidder at the time and place and under the terms designated in the notice af sale in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any pareel <br />of the Property by public announcement at the time and place of any previously scheduled sale. Lender <br />or its designee may purchase the Property at any sale. <br />Upan receipt of p�yment of the price bid, Trustee sh$11 deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidente af the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the fallawing order: (a) to all <br />costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's <br />fees actually incurred and reasonsble attorneys' fees as permitted by Applicable Law; (b) to all sums <br />secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />23. Recanveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request <br />Trustee to raconvey the Property and shall surrender this Security Instrument 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 persons shall pay any recordation costs. Lender may <br />charge such persan ar persons a fee for reconveying the Property, but only if the fee is paid to a third party <br />(such as the Trustee) for services cendered and the charging of the fee is permitted under Applicable Law. <br />2�1. Substitute Trustee. Lender, at its option, may from Cime to tinne 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 Property, the successor trustee shall succeed to all <br />the title, pawer and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies af the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA- Single Family - FannieMae/FreddieMac UNI�ORM INSTRUMENT <br />Form 3028 1/01 \ <br />Laser Forms Inc. (800) 446-3555 �' \ A. I <br />LFI #FNMA3028 4/02 Page 12 of 13 Illltlal5 �� �- �'� � <br />
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