Laserfiche WebLink
2oioo�ss$ <br />by any governmental or regulatory authority, or any private party, that any rernoval or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall prornptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />L,�nder for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and I,ender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration followYng <br />Borrower's breach of any covenant or agrcement in this Security Instrument (bat not priar to <br />acceleration under Section 18 anless Applicable Law provides otherwise). The notice shall s�ecify: (a) <br />the defaalt; (b) the action reqaired to cure the default; (c) a date, not less than 30 days from the date <br />the notice 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 speci�ed in the natice may resalt in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrovver of the <br />right to reinstate after acceleration and the right to bring a couart action to assert the non�aclstence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />befare the date specified in the notice, Lender at its option may require immediate payment in full af <br />all sums secured by this Security Instrument withoat further demand and may invoke the pawer of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, includIng, but not limited to, <br />reasonable attorneys' fces and costs of title evidence. <br />� If the power of sale is invaked, Trustee shall record a notice of default In each county in which <br />any part of the Property is located and shall mail copies af such notice in the manner 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 pablic natice of sale to the persons and in the manner <br />� prescribed by Applicahle Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and unde� the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the 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 of the price bid, Trustee shall deliver to the parchaser Trustee's deed <br />conveying the Property. The recitals in the Tru.�tce's deed shall be prYma facae evidence of the truth <br />of the statements made therein. Trustee shall apply the procceds of the sale in the following order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, inclading the payment of the <br />Trustee's fces actually incurrecl and reasonable attorneys' �ces as perntitted by Applicable Law; (b) to <br />a11 surns secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payrnent of all sums secure� by this Security Instrurnent, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrucnent and all notes <br />evidencing debt secured by this Security Instnunent to Trustee. Trustee shall reconvey the Property <br />without wananty to the person or persons legally entitled to it. 3uch person or persons shall pay any <br />recardation costs. Lendear may charge such person or persons a fce for reconveying the Property, but only <br />if the fee is paid to a third party (such as the Trustee) for services rende�d and the charging af the fee is <br />perimitted under Applicable Law. <br />24. Substitate Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee ta any Trustee appointed hereunder by an instrument recorded in the county in which this <br />5ecurity Instnunent is recorded. Without conveyance of the Property, the successor tiuste� shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request �'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 Family - Fannie MaalFreddie Mac UNIFORM INS7FiUMENT <br />�-B�NE) 1o8t tl Page 13 of 15 Initlals: 1�Y� Form 3028 1/O1 <br />� <br />r y i _� . � � { [ � � r i '+� , I <br />