201109455 - Laserfiche WebLink

Browse

201109455 NON UNIFORM COVEIVAIVTS. Borrower �d Lender further covenant and agree as follows: 22. Acceleration; Remalies. Lender shall gtve notice to Borrower pa�or to acceleradon following Borrower's breach of any covenant or agreement in th�s Securlty Instrament (bnt not prior to acceleration nnder SecNon 18 unless Applicable Law provides othea�vvise). The nodce ahall spedfy: (a) the defanit; (b) the action requ3red to cure the default; (c) a date, not less than 30 days from the date the notice 3s g�iven to Borrower, by which the defanit mnat be cared; aad (� that faillnre to wre the def�ult on or before the date spedfled in the notice may resalt 9n acceleration of the sams secared by thfs S�nrity Instrament and sale of the Properiy. The notice ahall further inform Bortower of the rYgl►t to reinstate after acceleration and the right to bring a conrt action to asaert the non-egistence of a defanit or any other defense of Borrower to acceleratlon and sale. If the default is not cared on or before the date spedfled 3n the notic� Lender at its opl3on may reqnire immedfate payment in fall of all sams secnred by tlu1s 5ecarlty Tnshvment withont fnrther demand and may invoke the power of sale and �ny other remed�ies permitted by Applic�ble Law. Lender shall he endtl�l to colled all ezpenses 3ncarred in pnrsn3ng the remedies prov�td� in thfs 5ec6ion 22, inclnding, bnt not limiited to, a�easonable attorneys' fea and costs of tttle evidence. If the power of sale �is invoked, Trnstee shall record a notice of defanit in each co�ty in whfch any part of the Propert� 3a located and shall mail copies of snch nodce in the manner presc�ilted by Applicable Law to Borrower and to the other persons prescrYbed by Applicable Law. After the dme reqnired by Applicable Law, Traste;e shall give pnblic no13ce of sale to the persons and in the manner prescrlbed by Applicable Law. Trastee, withont demand on Borrower, shall sell the Property at pnblic anction to the high�t bidder at the dme and place and �der the tcrms designated �n the notfce of sale in one or more parcels and in any order Trastce determines. Trastee may postpone sale of all or �ny parcel of t]de Property by pnblic announcement at the time and place of any previonsly scheduled sa1e. Lender or its design� �ay pnrchase the Property at any sale. iTpon receipt of payment of the price bfd, Trastee ahall deliver to the purchaser lrastce's deed conveying the Properl,y. The redtala in the Trastee's dced sLall be prima fade evldence of the trath of the statements made thereine Trastee shall apply the proce,eds of the sale in the following order: (a) to all costs and e�►enses of ezerctsflng the power of sale, and the sale, iaclnding the payment of the Trvstee's fces actnally incurred and reasonable attorneys' fces as permitt� by Applicable Law; (b) to all snma secnred by thls S�a�ity Instrument; and (c) any ezc�s to the person or persons legally entitl� to it 23. Reconveyance. UPon PaYment of all sums s�urefl by this Security Instrument, Lender shall request Trustea to reconvey the Properiy and shall sucrender this Security Insfiiment and all notes evidencing debt secured by this Se�urity Inslrument to Trustee. Truste,e shall re�onvey the Property without warranty to the person or persons legally entitled to i� Such person or F�� PaY �Y recardation costs. Lender may charge such person or persons a fe,e for reconveying the Property, but only if the fce is paid to a third party (such as the Trust�) for services rendered and the cbarging of the fee is permitted under Applic�ble Law. 24. Snbstitate Trastee. Lender, at its option, may from time to time remove Trustee and appoint a sucxessor trustee to any Trustee appoint� hereunder by an instrument recorde� in the county in which this Security Inst�vment is r�orded. Without conveyance of the Properiy, the suc,cessor tru.gtee sha11 succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. 25. Reqnest for Notices. Borrower requests that copies of the notice of defautt and sala be sent to Borrower' s address which is the Properiy Address. 2200200425 D V6ANE NEBRASKA - Single Family - Fannle Mae�Freddle Mac UNIFORM INSTRUMENT WRH M�R,S (�-6A(Nq loa�ol Page 73 of 16 i„�: � L k Form 3028 7/01 m �