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201108418 <br />NON-UN1fORM GOVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration fallowing <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under <br />Section 18 unless Applicable Law provides otherwise). The notice shall specifys (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by <br />which the defaultmust be cured; and (d) that failure to cure the default on or before the date speci�ed in the <br />notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The ` <br />notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court <br />action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. ` If the <br />default is not cured on or befare the date speci�ed in the notice, Lender at its option may require immediate <br />payment in fuit of all sums secured by this Security Instrument without further demand and may invoke the <br />power of sate 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 <br />attorneys' 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 part <br />of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to <br />Borrower and to the other persons prescribed by Applicabie Law. After the time required by Applicable Law, <br />Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, <br />without demand on Borrower, shall sell the Property at public anction to the highest bidder at the time and <br />place and under the terms clesignated in the notice of sale in one or more parcels and in any order Trustee <br />determines. Trustee may postpone sale of all or any parceL of the Property by public announcement at the time <br />and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the pricebid, Trustee shall deliver to the purchaser Trustee's deed con�eying <br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the #ruth of the statements <br />made therein. Trustee shall apply the proceeds of the sale in the foltowing order: (a) to a11 costs and expenses <br />of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br />reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument, <br />and (c) any excess to the person or persons legally entitled to it. <br />23. Recon�eyance. Uponpayment of all sums securedby this Security Instrument, Lender shall-request Trustee <br />to reconvey the Property;and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall recon�ey the Property without warranty to the person or persons legally ' <br />entitled to it. S�.ich person or persons shall pay any recordation costs. Lender may charge such person or persons a <br />fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered <br />and the charging'of the fee is permitted under Applicable Law: <br />' 24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instruu►ent recorded in the county in which this Security Instrument <br />is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by A�plica6le Law. <br />25. Request for Notices. Borrower xequests that copies of the notice of default and sale be sent to Borrower's <br />address which is tlie Property Address. ` <br />[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK� <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM 1NSTRUMENT DocMaglc , � <br />Form 3028 1/01 Page 9 of 11 www,docmagic.com <br />p� � <br />xe3o2s.aoc.icm� <br />