Laserfiche WebLink
2fliQ4���S <br />Ne3028.dot.xml <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borror�ver's breach of any covenant or agreement in this Security Instrument (bnt not prior to acceleration under <br />SectYon 1$ unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by <br />which the default must be cured; and (d) that failure to cure the default on or before the date speci�ed in the <br />notice may result in acceleration af the sums secured by this Security Instrument and sale of the Property. The <br />notice shall further inform Bor�-ower of the right to reinstate after acceleration and the right to bring a court <br />action ta assert the non-existence of a default ar any other defense oY Borrower ta acceleration and sale. If the <br />defaWt is not cured on or before the date speci�ed in the notice, Lender at its aption may require im►nediate <br />payment in full of all suxns secured by this Securlty Instrument without further demand and may invoke the <br />power of sale and any other remedies perrnitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Sectian 22, Including, but not limited to, reasonable <br />attorneys' fces and costs of title evidence. <br />If the power of sale is invoked, Ttrustee shall record a notice of defaWt in each county in which any part <br />of the Property is located and shall mail capies of such notice in the manner prescribed by Applicable Law to <br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, <br />Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, <br />without demand on Borrower, shall sell the Property at public anction to the highest bidder at the time and <br />place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br />determines. Trustee may postpone sale of all or any parcel of the Property by public announcernent at the time <br />and place of any previously scheduled sale. Lender or its designee may purchase the Froperty at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br />the Property. The recitals in the Trustee's deec� shall be prima facie evidence of the truth of the statements <br />made therein. Trustce shall apply the proceeds of the sale in the following order: (a) to all costs and expenses <br />of exercising the power of sale, and the sale, including the payment of the 1Yustee's fees actually incurred and <br />reasonable attorneys' fees as pernutted by Applicable Law; (b) to all sums secured by this Security Instrument; <br />and (c) any excess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee <br />to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by tt�is <br />Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally <br />entitled to it. Such person or persans shall pay any recordation cnsts. Lender may charge such person or persons a <br />fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered <br />and the charging of the fee is pernnitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may frorn time to time remove TrusteE and appoint a successor <br />trustee to any Trustee appainted hereunder by an instrurnent recorded in the county in which this Security Instrument <br />is recorded. Without conveyance af the Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon Trustce herein and by Applicable Law. <br />25. RecXuest for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's <br />address which is the Prvperty Addxess. <br />NEBRASKA--Single Family--�annie MaelFreddie Mac UNIFORM INSTRUMENT DocMagic � aoo-s4s-r3s2 <br />Form 3028 1/01 Page 9 of 11 www.docmagfc.com <br />