Laserfiche WebLink
201iQ0383 <br />by any governxnEntal or regulatory authority, or any private party, that any rernoval or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly 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-LTNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />Z2. Acceleration; Remedies. Lender shall give natice to Borrower prior to acceleration following <br />Sorrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration 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, not less than 3U days from the date <br />the notice is given tu Sorrower, by which the defuult must be cured; and (d) that failure to cure the <br />default on or before the date speci�ed in the notice may result in acceleration of the sums secured b,y <br />this Security Instrurnent and sale of the Property. The notice shall further inform Borrower of the <br />r[ght to reinstate after acceleration and the right to bring a cnurt actian to assert the nan-existence of <br />a default or any other defense af Barrower to acceleration and sale. If the default is nnt cured on or <br />bef'ore the date specified in the notice, Lender at its option may require immediate payment in full of <br />all surns secured b,y this Security instrument without further demand and may invoke the power of <br />sale and an,y other remedies permitted by Applicable Law. Lender slaall be enlitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section Z2, including, but 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 />an,y part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable La�v tn Borrower and to the other persvns prescribed by Applicable LaH�. After the time <br />rec�uired by Applicable La�r�, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law�. Trustee, without demand on Sorrower, 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 />notice of' sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcernent at the time and place of an3� previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trnstee shall deliver to the purchaser 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 statements rnade therein. Trustee 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 tt�e sale, including the paym�nt af the <br />Trustee's fees actuall�- rncurred and reasonable attorneys' fees as permitted by Appiicable Law; (b) to <br />all sums secured by this Securiry 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 shall <br />request Trustee to reconvey the Froperty and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Prop�rty <br />without warranty to the person or persons legally entitled to it. Such person or persons sha11 pay any <br />recordation costs. Lender may charge such person or persons a fee �or reconveying the Praperty, but only <br />if the fee iv paid to a third party (such as the Trustee) for services rendered and the char�in�; of the fee is <br />perrnitted under Applicable Law. <br />24. Substitute Trustee. L�nder, at it:+ option, may from time to time remove Trustee and appoint a <br />successar trustee to any Trustee appointed hereunder by an instrument recorded in: the county in which this <br />Security Instrument is recorded. Witl�out conveyance of the Property, ttae successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />2S. Reqnest for Notices. $orrower requests that copies of the notice of default and sale be sent to <br />Borrawer' s address which is the Property Address. <br />231043 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �oeii� Page 13 of 15 initi : '�/� Form 3U28 1101 <br />� <br />