Laserfiche WebLink
201007343 <br />by any governmental or regulatory authority, or any private party, that any removal or other rem~iation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly tape all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Envirotunental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />Z2. Acceleratlon; Remakes. Leader shall ~lve notlce to Borrower prior to aeeeleratlon following <br />Borrower's breach of any covenant or agreement in this Security lanstrument (but not prior to <br />acceleratlon under Section 1$ tmless Applicable Law provides otherwise). The notlce shall specifq: (a) <br />the default; (b) the action requh~ed to cure the default; (c) a date,: not les$ than 30 ,days from the date <br />the notlce is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date specified hx the notice may result in acceleration of the sums secured by <br />this Security Instrume;tlt and sale of the Property: The notice shall further inform Harrower of the <br />right to reinstate after accelceadoa aad the right to brh7lg a court action to assert the non~dstence of <br />a default or any other defense of Borrower to acceleration and sale. If the default izr not cured on or <br />before the date specified in the natlce, Lender at its option may require immediate payment in full of <br />all sums secw~ed by this Security Instrument without fmrther demand and may invoke the power of <br />sale and any other remedies permiitted by Applicable Law. Lender shall be entltled to collect all <br />sageness incurred in puursuing the remedies prnvidal In this Section 22, including, but not limited to, <br />reasonable attorneys' fees and a of tltle evidence. <br />!P the power of sale is invoked, Trustee shall record a notice of default hr each county ht which <br />any part of the Property is located and shalt mail ceples of ouch nodes in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. Allier the thus <br />required by Applicable Law, Trustee shall give public notlce of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />aatlce of sale in one or more parcels and in any order Trustee ddermines. Trustee may postpone sale <br />of all or any parcel of the Property by Public announcement at the thus and place of any previously <br />sdteduled sale. Leader or its designee rosy purchase the Propcety at any sale. <br />Upon reeelipt of payment of the price bid, Trustee shag deliver to the purchaser Trustee's deed <br />wnveyhyg the Property. The redtals hx the Trustee's deed shall be prima fade evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale Gu the following order: (a) <br />to ail a and of eierdsiag the power of sale, and the sale, induding the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />aU sums secured by this Security Iastrrtment; and (c) any excess to the person or persons legally <br />entltled to it. <br />23. Reconveyaiuce. Upon payment of all stuns secured by this Security Instrument, Lender shall <br />request 'Y~vstee to reconvey the Property and shall siurender this Security Instnunent and all notes <br />evidencing debt secured by this Security Instrument to Tnlstee. Trustee shall taoonvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation Doers, 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. Substltute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instnunent recorded in the county in which this <br />Security Instrument is recorded. Vlrthout 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 />2S. Request for Natlces. Harrower requests that copies of the notice of default and sale be sent to <br />Horrower's address which is the Property Address. <br />N RA$KA -Single Family - Fannie Mee/Fraddb Mee UNIFORM INSTRUMENT ~ C <br />-BINS) loan i t Paw i s m ~ e ~rn~.• [~.-~ Farm 3026 1 /01 <br />