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201008481
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Last modified
11/15/2010 2:47:09 PM
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11/15/2010 2:47:08 PM
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DEEDS
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201008481
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201008481 <br />by any governmental or regulatary authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affecti�ag the Property is necessary, Borrower shall prompdy take all necessary <br />rennedial �tions in accordance with Environn�ental Law. Nothing hsrcin s�hall create any obligation on <br />Lender for an Environ�ental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Leander furthcr covenant aad agre� as follows: <br />22. Acceleratian; Remedies. I.en�r shall �ve motice to Barrower prlor to acceleration following <br />Barrower's breach af any covenant or agreem�tt in this 5ecurity Instrument (but �not prior to <br />acceleration under Section 18 unless Applicable I.�w pmvides otharwlse). The nodce �hali �pecify: (a) <br />the default; (b) the action reqr�ited to cure tLe t�ault; (c) a date, not leas than 30 days from the date <br />the notice is given to Barrowear, by which the default rnust be cured; and (d) that failure ta cu�re the <br />def�ult on or befare the date spedfied fn the notice m�ay re�ult in aoceleration of the sums secured by <br />this Securfty Instrumea�t and ssle of the Property. T6� notiae shall further infaniu &►xtawer of the <br />right to relnstate after acoeleratioq and the rtght ta bring a oourt actioa to assert the non�adstence of <br />a default or any ather defense of Borrovv� to �a:eleration and sale. If the default is not cured on or <br />before the date speci#3ed in the nadce, L�d�r at its option may require imme�iate payment in full of <br />all suams secured by this Securlty I�pstrunuent wlthaut ttirth� demnnd aud may invoke the power of <br />sale and any other remedies permitted by Applicahle Law. L�der �hall be entided ta callect all <br />eapeu.ges iuncurrEd in pursuing the remedies provided in this Section 22, indudin�, but nat limited to, <br />reasoaable attorne�s' fees and eosts of title evidenac. <br />If the pow�r of sale is invoked, Trustee shaU reoord a nodce a# default �n each county in which <br />any part of the Property is located and shall mail oopies of such notiae fn the msnner prescribed by <br />Applicable Law to Borrow� and to the othcr persons presct�ibed by App�cable Law. After the time <br />��� �Y APP�cable Law, Trustee �all give public nuttce a[ sale to the persans and ln the manner <br />prescrlbed by Applicable I.aw. '�vstee, without dennand on Borrower, shall sell the Property at <br />public auction to the Wghest bidder at the time siud place aad under the terms designated in the <br />aotice of sale in one or more paraels and in any o�der Trustee dete�rua�inea. Trustee may postpone sale <br />of �11 or any pa� of the Property by public announceme�nt at We 1�me end place ot any previously <br />scheduled sale. I.ender or its d� may purchase tLe Property at any sale. <br />L1pon receipt of payiment of the prlce bid, Trustee shall delivcr to the purchaser 'Itustse's d�ed <br />conveying the Properiy. The redtal�s in the Trustee's dcetl shall be prlma [ade evidence of the truth <br />of t1�e statc�ments madc theareln. Truvtee shall apply the prooeeds of the sale in the follawing arder: (a) <br />to all oosts and eacpenses oi eaccrclsing the power af sale, and the sale, ineluding the payuneat of the <br />'1��steE's fces acttually !n� and reasonuble attorneys' fces as permitted by Applicable Law; (b) to <br />all sums secnned by this Securlty Instrument; and (c) any exoe�s to the person or persons le�allY <br />eutitled to it. <br />23. Reoonveyance. Upon payment of all swnas secured by this Security Insttument, Y.ender ahall <br />reqt�est Trustee W reconvey the Property and ahall surrender this Security Instnunent and all notes <br />evidencing debt se�ure� by this Security Instr�nt to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally enti�led w it. S�ch person or persons sha11 Pay any <br />recordation costs. Lender xnay chargc such person or persons a fee for r�oonv�ying the Property, but only <br />if the fee is paid to a third party (such as the Tnustee) for services rendered and the charging of the fee is <br />permitted under Applicable i,,aw. <br />24. 5tib�itute Tn�stee. L�a, at its option, may from time to time re�nove Trustee ancl appoint a <br />successor trustee to any 'Ikustee appointed he�re�u�der by an instrumBnt recorded in the county in which t.his <br />Security YnsUrument is re�orded. Without conveyance of the Property, the successor trust� shall succeed to <br />all the title, power and duties conferred upcm 'I�uste� herein a�d by Applicable Law. <br />?S. Request for Nodces. Boc�mwer requests that copies of the notice of default and sale be sent to <br />Barrowct's address whic� is the Propexty Address. <br />N BRASKA - Sinyle Family - Fannla Mae/Freddie Mac UNIFOpM IN37RUMENT <br />"-BINE► rpet t� p.pa ta w 18 I�Ne Form 30Z8 1/01 <br />
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