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201105595
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Last modified
7/29/2011 2:28:01 PM
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7/29/2011 2:28:00 PM
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DEEDS
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201105595
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20�10559� <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agcee as follows: <br />22. Acxeleration; Remedies. Lender 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 />acxeleration under Section 18 unless Applicable Law provid� otherwise). The notice shall spexify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not l�s than 30 days from the date <br />the notice 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 specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall fiuther inform Horrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its option may require immediate payment in full of <br />all sums secured by this S�urity Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to coll�t all <br />expenses incurred 'm purauing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each c�ounty in which <br />any patt of the Property is l�ted and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower 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 />prescrbed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest biddet at the time and place and under the terms designated in the <br />notice of sale in one or more pa.rcels and in any order Trustee determines. Truste� may postpone sale <br />of all or any parcel of the Property by public annouacement at the time and place of any previously <br />scheduled sale. Lender or its d�ignee may purcha� the Property at any sale. <br />Upon receipt of paym�t of the price bid, Trustee shall deliver to the purchaser Trustee's dced <br />c�onveying the Property. The ra;itals in the Trustee's dced shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeda of the sale in the following order: (a) <br />to all costs and eacpenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's f� actually incurred and reasonable attorneys' f�s as permitted by Applicable Law; (b) to <br />all sums se,cured by this Security Instrument; and (c) any access to the person or persons le�ally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instruraent to Trustee. Trustee shall reconvey the Properly <br />without warranty to the person or persons legally enfltled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Properly, but only <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of We fee is <br />permitted under Applicable Law. <br />24. Substitute Trust�. Lender, at its option, 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. Withont conveyance of the Property, the successor trustee shall succeed to <br />all the tifle, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />001122599096 Citibank 3.2.48.15 V2 <br />N�RASKA - Single Family - Fannle MaelFr�dle Mac UNIFORM INSTRUMENT WITH MH�S <br />�-6A(N� (osio� Page 13 of 15 i„rc�ais: Form 3028 1/01 <br />
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