Laserfiche WebLink
201002203 <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Aocelaratian; Remedies. Londar shall give notice to Borrower prior to ac~leratia~n following <br />Borrowar's breach of any oov~ant ar agreement in this Security Instrument (but not prior to <br />acceleration undar Section 1$ unless Applicable Law provides atharwise). The nati~ shall apaci$+: (a) <br />the default; (b) the action required to cure the default; (c) a date,. not lass than 30 days from the date <br />the notice is given to Harrower, by which the default must be cured; and (d) that failure to cure the <br />default on ar before the date specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall furthar inform Borrower of the <br />right to reinstate altar acceleration and the right to bring a court action to assart the non-e~istenoe of <br />a default or any altar def~so of Borrowar tp accelaration and sale. If the default is not cured cn or <br />before the date specified in the notice, Lender at its option may require immediate payment is full of <br />all sums secured by this Security Instrument without further demand and may inwke the powar of <br />sale and any other remedies parmitted by Applicable Law. Lendar shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided ip this Section 22, including, but not limited to, <br />reasonable attorneys' fees and casts of title evidence. <br />If the pawar of sale is invoked, Trustee shall record a notice of default in each county in which <br />any part of the Proparty is located and shall mail copies of such notice bn the mannar prescx><bed by <br />Applicable Law to Barrowar and to the othar parsons prescribed by Applicable Law. Altair the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the mannar <br />prescrrbed by Applicable Law. Trusteq without demand on Harrower, shall sell the Proparty at <br />public auction to the highest bidder at the time and place and candor the farms designated in the <br />notice of sale in one ar more parcels and in any ardor Trustee detarmines. Trustee may postpone sale <br />of all ar any parcel of the Property by public announcement at the time and place of any previously <br />scheduled Salo. Lendar or its de+sigaoe may purchase the Property at any sale. <br />Upon raxipt of payment of the price bid, Trustee shall dolivar to the purchaser Trustee's deed <br />caanvaying the Property. The recitals in the Trustee's deed shall.be._prima ihcie evidence of the truth <br />of the atatesnmts made tharoin. Trustee shall apply the proceeds of the sale in the fallowing ordar: (a) <br />to all cats and expenses of exercising the powar of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fool as parmittad by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the parson or parsons legally <br />entitled to it. <br />23. Reocnveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to Hme remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, power and duties 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 <br />$orrower's address which is the Property Address. <br />001121144035 [001121144035] <br />N®RA$KA -Single Family - Fannie Mae/Freddle Mac UNIFORM INSTRIIMBHT <br />-6A(NE1(oaio) Page 13 aF 95 Initial Farm $028 1/01 <br />