Laserfiche WebLink
201007344 <br />by any governmental or regulatory authority, or any private parry, that any removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNlPO1tM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />2~. Acceleration; Rexnediee. Lender shall give notice to Borrower prior to acceln anon followln;; <br />Borrower's breach of any covenant ar agreement in this Security Instrument (bra not prior to <br />acederadon under Section 18 nriless Applicable Law praviden otherwise), The notice shall spedf~: (a) <br />the default; (b) the action required to care the default; (c) a date, not leas than 30 days from the date <br />the notice is given to Harrower, by which the default must be clued; and (d) that failure to cure the <br />default an or before the date specified in the aotlce tray result in acceleration of the sums secured by <br />thus Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after aecelexatlon and the right to bring a court action to amt the non~adste:nce of <br />a default or any other defense of Borrower to aceeleraHoa and sale. Ig the default is not cured on or <br />before the date specified ldo the notice, Leader at its optlon may require immediate payment in full of <br />all sums secured by this Security Imstrument without frn then demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Leader shall be entitled to collect all <br />expenses incurred hs pursuing the remedies provided hrl this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evid~ce. <br />Tf the power of sale ig invoked,l~astee shall record a notice of defadt in each county in which <br />any part of the Property is located and shall mail eupies of such notice In the mannce prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without dceoand 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 />notice of sale ht one ar more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public amwun~ent at the time and phu:e of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purer Trustee's deed <br />conveying the Property. The recitals is the Trostee's deed shall be prima fade evidence a! the truth <br />of the statements made therP3n, Trustee shall apply the proceeds of the sale in the fallowing order: (a) <br />to all costs and expenses of exerdsing the power of sale, and the sale, including the payment of the <br />'ISrusstee's fees actually iacarred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this 5epwrity Instrument; and (c) any eateess to the person or persons legacy <br />entitled to it. <br />23. Reconveyauce. Upon payment of all sums secured by this Security lnstrunaeett, Lender shall <br />request Trustee to recanvey the Property and shall surrender thus Security instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. '1"rustee shall tceanvey the Property <br />without warranty to the person or persons legally cetided to it. Such person or persons shall PaY ~Y <br />recordation costs. Leader may charge such person or persons a fee for re>oortveying 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 />Z4. Substltute Trustee. Ler>~, at its option, may from tirade to time remove Trustee and appoint a <br />suceessor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security h>srivment is recerded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upadn 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 />Borrower's address which is the Property Address. <br />NEBRASIU- -Single Family - Fannh Mas/Fraddts Mac UNIFQRM INSTRUMENT ~~ ~ ~ Q., <br />-SINE) (oet t l Ppa 13 of 16 Inldelc /1~ 1]31rL! pc~ 3078 7107 <br />