Laserfiche WebLink
2o�ioo2�� <br />by any governmental or regulatory authority, or any private party, that any remioval or other remedaation <br />of any Hazardous Substance affecting the Property is necessary, T3orrawer shall proxnptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. $orrower and Lender further covenant and agree as follows: <br />Z2. Acceleratian; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (bat not prior to <br />acceleratian under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, nat less than 30 days fram the date <br />the notice is given to Barrower, 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 may result in acceleration of the sums secured by <br />this 5ecurity Instrument and sale of the Property. The notice sha11 further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court actian to assert the non-existence of <br />a default or any other defense of Borrower to 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 imrnediate payment in full of <br />all sums secured by this Security Instrument without further demand and amay invoke the power of <br />sale and any other remedies permitted by Applicable L,aw. Lender sha11 be entitled to collect all <br />expenses incurred in pursuin� the remedies provided in this Section 22, including, but not limited to, <br />reasanable attorneys' fees 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 af the Property is located and shall mail copies of such aotice in the manner prescribed by <br />Applicable Law to Sorrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the rnanner <br />prescribed by Applicable Law. Trustee, without demand on Sorrower, shall sell the Praperty at <br />public suction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or rttore 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 sa1e. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the parGhaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />of the staternents made therein. Trustee shall apply the proceeds of the sale in the fallowing order: (a) <br />to all costs and expenses of exercising the pawer of sale, and tbe sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applical�le 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 5ecurity Instrument, Lender shall <br />request Trustee to reconvey the Praperty and shall sunender this Security Instrurnent 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 persans shall pay any <br />recordatian casts. Lender may char�e such person or persona 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 />perxnittad under Applicable I�aw. <br />24. Substitute Trustee. Lender, at its option, may from tirne to time remove Trustee and appoint a <br />successor trustee 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, the successor trustee sha11 succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />2S. Request for Notices. Sorrower requests that copies of the natice of default and sale be sent to <br />Borrower' s address which is the Property Address. <br />231037 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFOIiM INSTRUMENT <br />�-6(NE) �osii� Page 13 of 15 Initials. Fo�rtl 3028 1l01 <br />� <br />