Laserfiche WebLink
2oioo�5�� <br />by any govemmental or regulatory authority, or any private party, that any rernoval or other rernediatian <br />af any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actians in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in th�is Security Instrument (but not priar to <br />acceleration under Section 18 unles,s Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the de[ault; (c) a date, not less than 30 days from the date <br />the notice is given to Barrower, by which the default must be cured; and (d) that failure to cnre the <br />default on or before the date speci�ed in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court aMion to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date speci�ed in the not�ce, Lender at its option may reqaire immediate payment in fall of <br />all sums secared by this Security Instrunnent without further demand and may 3nvoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incarred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fces and costs of title evidence. <br />Tf the power of sale is invoked, Trustee sball record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrawer 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 demand on Sorrower, shall sell the Property at <br />publtc aaction to the highest bidder at the time and place and ander the terms designated in the <br />notice of sale in one or mare parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at th� time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment ot' the price bid, Trustee shall deliver to the pnrchaser Trustee's dced <br />conveying the Property. The r�citals in tl�e Trustce's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee sha11 apply the proceeds of the sale in the following order: (a) <br />to all costs and expenses of earercising the power af sale, and the sale, including the payment ot' the <br />Trustee's fces actualiy incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persans legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Inscrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instnunent 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 persans shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only <br />if the fe� 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. Substitate Trustee. Lender, at its option, may from tirne to time 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 Instnunent is recorded. Without conveyance of the Property, the successor trustee shall succe� to <br />all the title, power and duties conferred upon Truste� herein and by Applicable Law. <br />2S. Request t'or 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 />NEBRASKA - Single Femily - Fannie Mael�reddie Mac UNIFORM INSTRUMENT - <br />�-6(NE) losiil Pgge 130f 76 i rt�ai�• Fprm 3028 1/01 <br />� <br />.^ � k, . .. �. <br />