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20��oo1�U <br />NON-UNIFO_RM _COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. L,ender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of 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 Sorrower, 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 accelerat➢on of the sums secured by this <br />Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring a caurt 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 natice, 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 �.,aw. 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 />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 any <br />part at' the Property is located and shall ma'rl copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the ather 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 on 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 of sale in <br />one or more parcels and in any order Trustee determines. '['rustee may postpone sale of all or any parcel <br />of the Property by public announcement at the time and place of any previously scheduled sale. laender <br />or its designee may purchase the Property at any sale. <br />[Ipon receipt of payment of the price bid, '1"rustee shall deliver to the purchaser Trustee's dced <br />conveying the Property. The recitals in the Twustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in tha following 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 reasonable 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. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request <br />Trustee to reconvey 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. Lend�r may <br />charge such person or persons a fee for reconveying the Praperty, but only if the fee is paid to a third party <br />(such as the Trustee) for services rendered and th� charging of the fee is permitted under Applicablc Law. <br />24. Substitute Trustee. Lender, at its optian, 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, pow�r and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request t'or Natices. Borrower requests that copies of the notice of default and sale be sent to <br />Sorrower's address which is the Aroperty Address. <br />NEBRASKA- 5ingle Family - FannieMae/FreddieMac UNIFORM INSTRUMENT <br />Form 3028 1/01 j <br />Laser Forms Inc. (800) 446-3555 ���j <br />LFI#FNMA3028 aip2 Page72 of13 Initials: , <br />