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201108805
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Last modified
11/28/2011 8:46:24 AM
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11/28/2011 8:46:24 AM
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DEEDS
Inst Number
201108805
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201108�05 <br />NON-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as follows: <br />22. AcceleraHon; Remedies. Lender shall g�ve notice to Borrower prior to acceleraHon following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleraHon under <br />Section 18 unless Applicable Law provides otherwise). The noHce shall spec�ify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the noNce is given to Borrower, by <br />which the default must be cured; and (d) that failure to cure the default on or before the date speci�ied itn the <br />noHce may result in acceleration of the sums secured by this 5ecurlty Instrument and sale of the Property. The <br />notice shall further inform Borrower of the right to reinstate after acceleraHon and the right to bring a court <br />action to assert the non-e�stence of a default or any other defense of Borrower to acceleration and sale. If the <br />default is not cured on or before the date specified in the noHce, Lender at its option may require immediate <br />payment in full of all sums secured by this Security Instrument without further demand and may invoke the <br />power of sale and any other remedies permitt� by Applicable Law. Lender shall be enHtled to collect all <br />expenses incurr� in pursuing the remedies provlded in this SecHon 22, including, but not limited to, reasonable <br />attorneys' fces and costs of Htle evidence. <br />If the power of sale is invoked, Trustce shall record a notice of default in each county itn wlutch any part <br />of the Pro�rty is located and shall mail copi� of such notice in the manner prescrdbed by Applicable Law to <br />Borrower and to the other �rsons prescrib� by Applicable Law. After the time required by Applicable Law, <br />Trustee shall give public noHce of sale to the persons and in the manner prescrlbed by Applicable Law. 1'rustee, <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and <br />place and under the terms designated 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 designce may purchase the Property at any sale. <br />Upon receipt of payment of the pr�ce b�d, Trustee shall deliver to the purchaser Trustee's dced conveying <br />the Property. The recitals in the Trustee's dced shall be prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the procceds of the sale in the following order: (a) to all costs and expenses <br />of exercising the power of sale, and the sale, including the payment of the T'rustee's fees actually incurred and <br />reasonable attorneys' fces as permitted by Applicable Law; (b) to all sums s�ured by this Security Instrument; <br />and (c) any excess to the person or persons legally enHtled to it. <br />23. Reconveyance. Upon payment of all sums secured by 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 reconvey the Property without warranty to the person or persons legally <br />entitled to it. Such person or persons shall pay any recordation costs. Lender may chazge 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 chazging of the fee is permitted under Applicable Law. <br />24. SubsHtute 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 instrument 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 Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's <br />address which is the Property Address. <br />[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT podyegl�� <br />Form 3028 1/01 Page 9 of 11 www.docmaglc.com <br />l �'Z- <br />�� � <br />Ne3Q28.dot.�m1 <br />
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