Laserfiche WebLink
20 �ooss59 <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affectin� the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall creaCe any obli�ation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree aa 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 this Security Instrurnent (but not prior to <br />acceleration under Sectian 18 unless Applicable Law provides otherwise). The notice shali specify: (a) <br />the default; (b) the action reqnired to cure the defaalt; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by which the default nnust be cured; and (d) that failure to cure the <br />default on ar before the date specified 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 Sorrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or any other deiense of Sorrower ta acceleration and sale. If the default is not cured on ar <br />before the date specified in the notice, Lender at its option may require irnmediate payment [n full of <br />all sums secured by this Security Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred iri pursuin� the remedies provided in this Section 22, including, but not limited ta, <br />reasanable attorneys' fees and costs of title evidence. <br />If tlie power of sale is invoked, 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 Sarrower and to the other persons prescribed by Applicable Law. After the tixne <br />required by Applicable Law, Trustee shall give pnblic notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand an Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place �nd under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee rnay 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 purchaser Trustee's deed <br />canveying the Property. The recitals in the Trustee's deed shall be prirna facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds af the sale in the following order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />'�'rustee's fees actually 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 persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender sha11 <br />request Trustee to reconvey the Property and Snarr surrender this Security Instrument 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 persons shall pay any <br />recordation costs. Lender may charge such person or parsons a fee for reconveying the Property, but only <br />if the fee 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. Substitute Trustee. Lender, at its option, rnay from time to time remave Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />5ecurity Instrument is recorded. Without conveyance of the Property, the successoar trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicabl� Law. <br />2S. Request for 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 />230971 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 <br />�-6(NE) �oeii� Pege13 of 15 Initials: � Form 3028 1/01 <br />� <br />