201507596 - Laserfiche WebLink

Browse

2� 15�759� not pri�r t� a�celeratinn under Section 18 unless App�icable Law pr�vid�s �therwise}. The notice shall specify: �a} the default; (b� the ac�i�n r�quired to cure the default; ��) a date, not less than 3U days fram the dat� the noti�e is gi�en t� B�rrower, by whi�h the default must be cured; and (d} that fai�ure ta cure thQ default on or before the date spe�ified in the n�tice may result �n acceleration of the sums sQcured by this Security Instrument and sale of the Property. The not�ce shall further inform Borrayver of th� right to reinstate after acce�eration and the right t� bring a court actian to assert the nvn-ex�stence of a default or any other defen5e of Borr�wer to accei�rativn and sale. If the default is not cured �n �r before th� date specif��d in th� not�ce, Lender at its option may require irnmediate payment in full of all sums se�ured by this Security Instrument without further demand and may in�oke the pawer of sale and any other rem�di�5 �ermitted by App�i�able Law. Lender �hall b� entitled tQ c�llect all expense5 in�urred in pursuing th� rernQdies pra�ided in this �ecti�n 22, including, but not limited ta, reasonable attarney5' fees and c�sts af title evidence. If the povver of sale is invoked, Trustee shall record a notice of default in each caunty in which any part af t�e Property is located and shali mail copies of su�h nat�ce in the manner pres�rib�d by Applicabl� Law to B�rr�w�r and tv the ather person5 pr�5�ribed by Appli�able Law. After the t�m� required by Applicable La�v, TruStee shall gi�e publi� notice af sale to the persons and in the manner pres�r�bed by Applicable Layv. Tru�tee, with�ut d�mand �n B�rrower, �hall sell the Property at public auction to the highest bidder at the tim� and place and under the terms �iesignated in the n�t�ce of �ale in Qne or more parcels and in any �rder TruStee determines. Trustee may po�tpane sale of a�� or any parcel af the Property by public announcement at the time and place �f any previously schedul�d sa�e. Lender or �ts designee may purchase the Property at any sale. � Upon receipt of payment of th� pric� bid, Trustee shall dQliver to the purchaser Trust�e's deed conveying the Propert�. The recitals in the Trustee's deed shall be prima fa�ie e�idence of the truth of the sta#ements made therein. Truste� shall apply the pro�e�ds of the sale in the follawing order: (a� ta all costs and exp�nses af e�er�ising the p�wer of sale, and th� sale, incYuding the payment of the Trustee's f�e5 actuall� incurred and reasonable attorneys' fees as permitted by Applicahl� Law; (b} #o all sums 5ecured by this Security Instrument; and (�} any exce�s t� the person ar persans legally ent�t�ed to it. 23. Re�an►►eyance. Upon payment of all sums secured by this Security Instrument,Lender shal� request Trust��o r�con�ey the Property and shali surr�nder this Security Instrument and a11 notes ev�dencing d�bt secured by this Security Instrument�o Trustee. Trust�e shall recan�ey the Proper�y with�ut warranty to the person or persons legally entit�ed to it. Such person or persons shall pay any recflrdation cnsts.Lender may�harge such person or p�rsor�s a fee f�r r�c�nveying the Prflperty,but only if the fee is paid t�a third party�such as�he Trustee}for servi�es render�d and the charg�ng of the fee is permitted under Applicable Law. 24. S u bstitute Trustee. L�nder,at its optian,may from time ta time rerno�e Trustee and appo�nt a successar trust�e�o any Trustee appointed hereunder by an instrument recorded in the county in which th�s Security Instrument is recorded.Without conveyance af the Pr�perty,the successar truste�shall succeed to all the title,power and duti�s conf�rred upon Trustee herein and by App�i�able Law. HCFG-a�359 NEBRASKA-5ingle Family-Fannie MaelFred�ie Mac UNIF�RM INSTR�MENT Form 3a2S 110'4 VMP� 03115 Wolters�{luwer Fir�ancial 5ervices �Q�!510�915.�.2.3298-J2015�5flSY Page 15 of 17 * 482£1522a*