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201108353
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Last modified
11/7/2011 9:25:35 AM
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11/7/2011 9:25:35 AM
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DEEDS
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201108353
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201108353 <br />NON UNIFORM COVENANTS. Bonower and Lender fi�xther covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give .notice to Borrower prior to acceleratien foHewing <br />Borrower's hreach of any covenant or agrcement in this Secnrity Instrument (bnt not prlor ta <br />acceleration nnder Section 18 nnless Applicable Law provides otherwise). The notice shall specify: (x) <br />the defanit; (b) the action required to cnre the default; (c) a date, not less than 30 days from t�e date <br />the notice is given to Borrower, by which the defanit mnst be cared; and (� that failnre to enre the <br />default on or before the date specitied in the notice may result in accelerat�on of the sums set�red by <br />this Securlty Instrument and aale of the Property. The notice shall fnrther inform Borrowex of the <br />right to reinstate after acceleration and the right to bring a court actlon to assert the non-eaisbe.�oe of <br />a defanit or any other defense of Borrower to acceleration and sale. If the defanit ia not cnred oa or <br />before tl►e date specified in the notice, Lender at its option may reqnire immedPiate payment in iell of <br />all sums secured by this Security Instrument withont further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled tu colle�t sll <br />eapenses incnrred in pursuing the remedies provided in this Section Z2, inclnding, bnt not Hmibed to, <br />reasonable attorneys' fees and costs of tttle cwidence. <br />If the power of sale is involced, Trustee shall record a notice of default in each connty in whtck► <br />any part of the Property is located and shall mail copies of such notice in the manner prescrjbed by <br />Applicable Law to Borrower and to the other persons prescrlbed by Applicable Law. After the tlme <br />required by Applicable Law, Trnstee shall give pnblic notice of sale to the persons and in the maeser <br />prescribed bp Applicable Law. Trastee, without demand on Borrower, shall sell the Propc�ty at <br />pnblic auction to the highest hidder at the time and place and under the terms designx�d in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trnstee may postpaine sale <br />of all or any parcel of the Property by pnblic announcement at the tlme and place of any pre.wioesly <br />scheduled sa1e. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee sh�ll deliver to the purchaser Tmstee'a �d <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence oi t�e trath <br />of the statemeats made therein. Trustee shall apply the proceeds of the sale in the follow?�n� orde�: {a) <br />to all costs and eapenses of eaerdsing the power of sale, and the sale, inciuding the paym�t ef tl� <br />Trustee's fees actually incnrred and reasonable attomeys' fees as permitted bp Applicable Law; @) to <br />all sums secured by this Secnrity Instrument; and (c) any egcess to the person or persons le�ally <br />entitled to i� <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lende� shall <br />request Trustee to recanvey the Property and shall surrender this Security Insrivment and all nates <br />evidencing debt secured by this Security Instrum�t to Trustee. Trustee shall reconvey the 1�rope�ty <br />without warranty to the person or persons legally entitled to i� S�.ich person or persons sha11 �y any <br />recordation costs. Lender may charge such person or persons a fee far reconveying the Properiy, but a�1Y <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the chaz8ing of tt� fee is <br />permitted under Applicable Law. <br />24. Snbstitute Trustee. 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 recorde� in the coux►ty in which this <br />Security Inst�ixm�t is recorded. Without conveyance of the Property, the successor trustee shall suc�ad to <br />all the title, power and duries conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requ�sts that copies of the notice of default and sale be sent to <br />Borrower' s address which is the Properiy Address. <br />2200173107 D V6AN8 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT W1TH MERS <br />�$A�NE� (0810) Pape 13 of 15 IniYiels: ��. �� �028 1/01 <br />m <br />
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