Laserfiche WebLink
201009845 <br />by any governmental or regulatory authority, or any private party, that any remaval or other retnediaCion <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall proznptly take all necessary <br />remedial actions in accordance with Environmental Law. Nathing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIF�RM COVENANTS. Borrower and Lender further covenar►t and agree as follows: <br />22. Acceleratian; Remedies. Lender shall give notice to Borrower priar to acceleration fallowing <br />Borrower's breach of any cavenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law pravides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days t'rom 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 sPecified in the notice m�ay resalt in acceleration of the sums securecl by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleratian and the right to bring a court action to assert the non-existence of <br />a det'ault or any other defense of Barrawer to acceleration and sale. If the default is not cured on ar <br />before the date specif�ed wn the notice, Lender at its option may require immediate payment in full of <br />atl sums secured by this Secarity Instrument without further demand and may invoke the power Qf <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled ta callect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, bat not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the 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 ►nanner presatibed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the ti[t�e <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on B�rrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />natice oF sale in one or rnore parcels and in any order Trustee determines. Trustee may postpane 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 designce may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaserr Tt�ustee's deed <br />conveying the Piroperty. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustce shall apply the proceeds of 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 />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable I.aw; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or peisons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, L,�ndex' sl�all <br />request Trustee to reconvey the Property and shall surrender this Security Instt'utne��t axad all nvt�s <br />evidencing debt secured by this Se.curity Instrument to Trustee. Tzvstee shall reconvey th�e Prope�y <br />without warranty to the person or persons legally entitled to it. Such person ar petsotxs sha11 �ay a�y <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but orily <br />if the fee is paid to a third party (such as the Trustee) for servic�s rendered and the charging of Che fee is <br />pemutted under Applicable Law. <br />24. Substitute Trustee. L.ender, at its option, may from time to time remave Trustee and appoint a <br />successor trustae to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, tl�e successor ttvstee shall succeed to <br />all the title, pawer and duties canferred upon Trustee herein and by Applicable L,aw. <br />25. Requcst for Natices. 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 -�annie M�e/Freddie Mac UNIFORM INSTRUMENT <br />�-6�NE) loaiil Page 13 af i5 i��c�ais� Form 3428 1/09 <br />� <br />+ t �j, � � M f e �� � r � <br />r � <br />