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201100377
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Last modified
1/19/2011 1:11:20 PM
Creation date
1/19/2011 1:11:19 PM
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DEEDS
Inst Number
201100377
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20ii0037�� <br />NON-UIVIFORM COV�,NANTS. Borrower and �.ender fw covenant and agree as follows: <br />22. Acceieration; Remedies. Lender shall give notice to Borrower prior to acceleralioa 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) <br />the default; (b) the action required ta cure the default; (c) a date, not less than 30 days from the date <br />the �aotice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or' before the date speci�ed in the notice may result ia acceleration of the sums secured by <br />this Security Instrunnent and sale of the Property. The notice shall fu� inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court �ction to assert the non-egistence of <br />a default or any ot�er defense of Borrower ta accelerntian and sale. Zf the default is not cured on or <br />before the da�te speci�ed in the n�tice, Lender at its option may require immediate payment in full of <br />a11 sums secured 6y this Security instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender sh�ll be entitled to coil�ct all <br />egpenses .incurred in purstring the remedies prav�ided in this Section 22, including, hut not timited to, <br />reasonable attorneys' fees and costs of title evide�nce. <br />if the power of salc is invoN�ed, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copfies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the fime <br />required by Applicable Law, Trustee shall give public notice af sale to the persons and in the manner <br />prescrlbed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />publie auctipn to the highest bidder at the tirne and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may pastpone sale <br />of all or any parcel of the Property by public announeement at the time and place of any previously <br />schedqled sale. Lender or its designee may purc�ase the Property at any sale. <br />Upon receipt of payroent of the p�rlce bid, Trustee shall deliver to tt�e purchaser Trustee's deed <br />conveying the Property. The recatals in the Trustee's decd shall be prima facie evidence of the truth <br />of the statements made thereio. Trustee shall apply the proceeds of the sale 3n the #olbwing order: (a) <br />to all casts and expenaes of e�ercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred sed reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instruronent; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of a11 surns secured by this Securrty Instrurnent, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Secutity Instrument and all notes <br />evidencing debt secured by this Seeurity Instrument to Trustee. Trustee shall recnnvey the Property <br />without warranty ta the persan or persons legally entitled to it. Such person pr persons shall pay any <br />recordation costs. Lendet may charge such person or persons a fee for reconveying the Property, but only <br />if the fee is pard to a thrrd party (such as the Trustee) for services Xendered and the charging of the fee is <br />pennitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from rime to time remova Trustee and appoint a <br />suceessot tnxstee to any Tr appointed hereunder by an instrume�at recorded in the cflunty in which this <br />Security Instrument is recordeti. Without eonvey'ance of t}�e Properiy, tha successor trustee sha11 succeed to <br />all the ti.tle, power and duties canferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Sorrower requests that copies of the natice of default and sale be sent to <br />Borrower's address which is the Praperty Address. <br />2200091456 D V6AN� <br />NEBRASKA - Single Family - Fannla Mae/Freddle Mac UNIFORM INSTRUMEN7 WITH MERS,- ' <br />�-6A(Mq 1o81D1 Pege 13 of 15 Inkiels: � Fon17 3D28 1/01 <br />� <br />
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