201008461 - Laserfiche WebLink

Browse

2oioos4si by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Barrower shall proinptly take all necessary remedial actions in accordat�ce with Environmental Law. Nothing herein shall create any obligation on I.ender for an Environmental Cleanup. NON-UNIFORM COVENANTS. Bon and Lender further covenant and agree as fallows: 22. Acceleration; Remedies. Lender shall give notice to Borrowec prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instcument (but not prior to acceleration under Section 1$ unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action �reqaired to cure the default; (c) a date, not less than 30 days from the date the notice is giver� to Bonrower, by which the default must be cured; and (d) that failure to cure the default on or before the date speci�ed in the notice may result in acceleratian of the sums secured by this Security Instrument and sale of the Property. The notice shall furthe�r inform Borrower of the right ta reinstate after acceleration and the right to bring a court action to assert the non-eJCiste�nce of a default or any other defense of Bnrrower to acceleration and sale. If the deFault is not cured on or #�efore the date specifed in tbe nntice, Lender at its option may require immediate payment in fu�l of all sums secured by this Security Instrument withoat further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies prvvided ie this SeMion 22, including, bat nat limited to, reasonable attorneys' fces and costs of title evidence. �f the power of sale is invoked, Trustee sha11 xecord a notice af default in each county in which any part of the Property is lorated and shall mail copies of such notice in the nnanner prescribed by Applicable Law to Sorrowe�r and to the other persons prescribed by Applicable Law. After the tinne requirec� by Applicable Law, Trustee shall give public not�ce of sale to the persons and in the manner prescribed by Applicable Law. Trustee, withoat detnand on Borrowe�r, shall sell the Property at public auction ta the lughest bidde�r at the time and place and under tl�e terms designated in the notice of sale in one or more parcels and in any order Tivstee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously schecluled sale. Lender or its designee may purchase t1�e Property at any sale. IIpon receipt af payment of the price bid, Trust� shall deliver to the parchaser Trustee's deed conveyiug the Prope� The recitals in the Trustee's dced shall 6e prima facie evidence of the truth of tlxe statements made therein. T�-ustee shall aPply the proceeds o� t1�e sale in the follawing order: (a) to all costs and expenses of exercisinig the power of sale, and the sale, inclading the payment of the Trustee's fces actually incurred and reasonable attarneys' fe� as permitted by Applicable Law; (b) to all surns secured by this Security Instrument; and (c) any excess to the person or persons legally endt�ec� to it. 23. Re�onveyance. Upon payment of all sums secured by this Security Instrument, Lender sha11 request Trustee to reconvey the Praperty and shall surrender tlxis Security Instrument and all notes evidencing debt secured by this Securrity Instrument to Trustee. Trustee shall r�onvey t.�e Property without warranty to the person or pezsons legally entitled to it. Such person or persons shall pay any recordation costs. L.ender may charge such person or persons a fee for reconveying the Property, but only if thc fes is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is pern�itted under Applicable Law. 24. Sabstitute Trustee. Lender, at its option, may from tixr� to time rernove Trustee and appoint a successor trustee to any Tntstee appointed hereunder by am instxwnent recorded in the caunty in which this Security Instrument is recorded. Without canveyance of the Froperty, the successar trustee shall succeed to all the title, power and duties canferred upon Trustee herein and by Applicable Law. 25. Request for Notices. Barrower requests that copies of the anotice of default and sale be sent to Borrower's address which is the Property Address. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �1 � �-6(NE) �oait� Page 13 of 16 inietais: �� `L� Form 3028 1/01 � r .� �; �` � ;• ,