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201100040
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Last modified
1/3/2011 4:15:31 PM
Creation date
1/3/2011 4:15:30 PM
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DEEDS
Inst Number
201100040
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20110004Q <br />NUN-UNIFORM COVENANTS. Borrower and Lcnder further covetaant and agree as follows:. <br />22. Acceleration; Rennedies. Lender ghall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security L�.wtrument (but not prior ta <br />�cceleration under Section 1$ unless Applicable Law provides otherwiee). The notice �hall specify: (a) <br />the default; (b) the action r�quire�i to cure the default; (c) a date, not lesa khan 30 days #rom the date <br />the notice is given to Borrower, by wl�ich the deisult must be cured; and (d) that failure to cure the <br />deFault on or before the. date specified in the natice cnay reault in acceleration of the sums secured by <br />this Security L�sh�ument and sale of the Property. T4e notice ahall further in�arm Borrower of the <br />right to reinstate aPter aoc�leration and the right to bring a court action to a�ert the non-existence af <br />a default or any other defense o� Borrower to acceleration �nd sale. If tb.e default is not cured ott ar <br />bePore the date specified in the notice, Lender at its option rnay x�qture immediate payment in Full of <br />all sums serured by this Security Instrument without further demand and may invoke the power of <br />s�le und any other ren�ediirs permitted by Applicable Law. I•ender shall be entitled to collect all <br />expenees incur�ed in pnr�tring the remedies provided in thia Section 22, including, but not limited ta, <br />reasonable attnmeys' fees and costs oP title evidence. <br />�t the pawer of sale i� invoked, Trnstee shall record a notice of detault in each county in which <br />any part of the I'ropecty is located and shall mail copies af such notice in the manner prescribed by <br />Applicuble Law to Sonrower and to the other pensona presciribed by Applicable Law. After the time <br />required by Applieable Law, Trustoe sLali give pnblic notice oP �ale to the persons and in the manner <br />pre�scribed by Applicable Law. Trustee, rvithout demand on Borrov�er, ahall sell the Pro�erty at <br />public auction to the highest bidder at the time and place and under the terrns designated in the <br />notice of c�ale in one or more p�rcel� and in any ocder Trustee determinea. Trustee may postpone sale <br />of all or any parcel of the Propeirty by public announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purcLa�e the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall delivec to the purcl�a�ser Truatee's deecl <br />conveying the Property. The recital� in the Tru�tee's deed sl�all be prima factie evidence of the tcuth <br />of the statements madc the�r�in. Tru�tee ahall apply the proceec� oC the sale ia the foIIowing order: (a) <br />to all costs and �acpense� of exer�cising the power of �ale, and the sale, including the payment of the <br />Trustce's fces actually incurred and reasonabl� attorneys' fee� as perrnitted by Applicable Lavc�; (6) ta <br />all su�ns secured by this Security Insstrument; and (c) any excess ta the person or persons legally <br />entiticd to it. <br />T�. Reeanveyance, Upon payment of all sums secured by this. Security Instrumcnt, Lcnder shall <br />request Trustee to rcconvoy the Property and shall surrender this Security Instiumcnt and all notes <br />evidencing debt secured by this Security Iastrument ta Trustee. Trustcc shall recnnvey khe Praperty <br />witb�out warranty to the person or persons legally emtitled ta it. Such person or persons s�all pay any <br />recordation costs. I,ender may charge such person or persons a fee fnr reconveying thc Property, but only <br />if khe fee is paid to a thi�rd party (such as the Trustee) for services rendered and the charging of the fec is <br />permitted under Applicable I,.avc�. <br />24. Substitute Tru�tee. Le�er, at its option, may from time ta time remove Trustee and appoint a <br />successor trustce to any Trustec appointed hereundcr by an instnunent recorded in the caunty in which this <br />Security Ins�nt is recorded. Without wnveyance of thc Prc�perty, tho successor trustce shall succeed tn <br />all the title, power and duties wnferred npon Trustee hercin, anui by Applicable Law. <br />25. Roquest �ar Noticea. Borrowcr requests that capics of the natice of default and sa,lc be scnt to <br />Barrower's address which is tho Froperty Address. <br />2300p19749 D V6ANE <br />NEBRe13KA - Single Family - Fannle Mar/Ftsddls Mac UNIWRM INST�IMENT WITH M � E j RS �t7 <br />��A(NE)roa�o� Papa 13 of 16 Inftiels: Q l.a �OR11 $�Z8 1/�� <br />
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