201209236 - Laserfiche WebLink

Browse

��1�092�� NON-UNIF�RM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleratioz►; Remedies. Lender shall give notice to Borrawer prior to acceteration follawing Borrower`s breach of any covenant or agreement in tfiis Security Instrument (kiut no# prior to acceteration under Section �$ unless Applicable Law p�rovides otherwise). Tlie nolace shall s�cify: (a) the default; (6} the aetion t�uired to cure the default; {c) a date, not less than 30 days frnm the date the natice is given to Sorrower, by which the def�ult must be cured; and {d) that failure to cure the default o0 or be�are the date sgectified in the notic� may result in acceleration of the sums s�cu�red by this Security Instrument and sale af the Property. 3'he notice shall further inform Barrawer of the right to reinstate after acceleraation and the right to bring a court action to assert the non of a default or a�ny other defense of Borrower to acceleration and sale. If t6e defautt is not c�red on or before the date sperified in the notice, Lender at its option may r�uire immediate payment in fiill of a!! sams secamd by this Security Instrnmeut withou# f�u-ther demand and may invoke the power of sale and any other remedies permitted by Appl�cable Law. Lendec shal! be entitled to collect a!f expenses incurred in pursuing the remedies grovided in this Section 22, iucluding, but oot limital to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a nokice of default in each county in which any part of the Property is iocated and shall maii copies of such notice in the manner presrribed by Applicable Law ta Bonrower and to the other persons preseril�d by Applicable Law. After the tiine requi�,ed by Ap{rIicable i,aw, Truste� shall give public notice of ssle to the pezsons and in the manner pr�.scribed by Appli�able Law. Trustee, without demand on Borrower, shall sell the Property at public auction to #he highest bidder at the �ime and place and under the terms designated ia the ao#ice of sale in oue or more parcels aad in any order Trustee determines. TrUStee may pastpone sale of all or any parcel of the Property by public announcement at the ti�tne and piace of any �reviousiy scheduled sale. Lender or its designce may pw�chase the Property at any sale. U�an receipt of payment of the price bid, Trastee shall deliver to the purchaser Trustee's deed conveying the Praperty. The recitals in the Trustee's deed shall be prima facie evidenc� of the truth of the statements made therein. Trustee shall apply the proceeds of the sale im the follawing order: (a) to all casts and expenses of exercising the power of sale, and the sale, including the paymeut of the Trust�'s fee,s actually incurred and reasoaable attorneys' fees as permitted by Appiicable Law; (b} to all sums secured by this Security Instrument; and (c) any excess to the person ar persons legally entitled to it� 23. Reconveyance. Upon paymenT of all sums secured by this Security InsYrwnent, Lender shall request Trustee to reconvey Ehe Proparty and shall surrender this Security Instrument and a11 notes cvidencing debt secured by this Sfi:curity Instrumenr ta Trustee. Trustee sl�all reconvey the Property withaut warranty tc� the person or persons legally entitled to it. Such persan ar persons shall pay any recardation c;osis. Lender may charge such person or persons a fee for reconveying the Property, but onky if the; .Cee is paid ta a third party (such as the Trustee} far sarvices rendered and the ci�arging of the Fce is permitiec� under Ap�licable LaFV. 24. Snbstitute Trustee. Lender, at its aption, may from time to time remove Trustee and appoznc a successor trustee to any Trustee appointed hereunder by an instrurnent recarded in the cc�uney in which this Security Instrument is recorded. Withouk conveyance of the Property, the successor trustee shalI succeed ta all the title, pawer and duties conferred ugon Trustee herezn and by Applicable i.aw. 25. �iequest for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's acIdress which is the Property Acidress. 12-Q6-000124 NEBRASKA - Single Fami(y - Fannie ARae/Freddie Mac UNIFOR�A 4NSTRU�iENT WITH MERS �-6A{NE} �oa�o� Paga 13 of 15 Form 3628 1101 0 � Y