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DOC ID #: 00023391424302013 201 1013 14 <br />Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration <br />and the right to bring a court action to assert the non - existence of a default or any other defense of Borrower to <br />acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may <br />require immediate payment in full of all sums secured by this Security Iustrument without further demand and may <br />invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in 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 of sale is invoked, 'Trustee shall record a notice of default to each county in which any part of the <br />Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to borrower and to <br />the other persons prescribed by Applicable Lary. After the time required by Applicable Law, Trustee shall give public <br />notice of sale to the persons and in the manner- prescribed by Applicable Law. Trustee, without demand on Borrower, shall <br />self the property at public auction to the highest bidder at the tune and place and under the terms designated is the notice <br />of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the <br />Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may <br />purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee-shall apply the, proceeds of the sale in the following order: (a) to all costs and expenses of exercising the Rower of <br />sale, and the sale, including the payment of the - Trustee's fees actually incurred and reasonable attorneys' fees as permitted <br />by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the property and si ll surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instr=ent to Trustee. Tutee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such <br />person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, <br />but only if the fee is paid to a third party such as the Trustee) for services rendered and the charging of the fee is permitted under <br />Applicable Law. <br />24. Substitute Trustee. Lender,, at its option, may from time to time remove Trustee and appoint a successor trustee to any <br />Trustee appointed hereunder by an instrument recorded in the county in which this Security instrument is recorded. Without <br />nveyance of the Property, the successor #w e- shall succeed to ail the titles power and duties conferred upon Trustee herein and <br />b� Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale he sent to Borrower's address <br />which is the - Property Address. <br />BY SIGNING BELOW,, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in <br />any Rider executed by Borrower and recorded with it. <br />• 4 <br />(Seal) <br />IEL D. SCHU'LDT - Borrower <br />4, � t- <br />1 <br />(Seal) <br />BRITT'INI NEIL -SC Borrower <br />(Seat) <br />- Borrower <br />(Seal) <br />- Borrower <br />NEBRASKA—Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1101 <br />Deed of Trust -Nr- <br />.2006-- NE.(05108) page 8 of 9 <br />