Laserfiche WebLink
2011oo4so <br />NON-UNIFQRM COVENANTS. �arrpwer and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lendar shall �ve notice to Borrower prior to acceleration following <br />Borrawe�t�'s breach of any covenant or agreement in this Se�curity Instrutaent (but not prior to <br />accel�ration under Section 18 unless Applicable Law prov�idea otherwisa). Thc notice shall specify: (a) <br />the default; (b) the action required tn cure the default; (c) a date, not less than 30 days from the date <br />the notice ia givon ta Borrovver, by which the default mast be cured; and (d) that failure ta cure the <br />default on or befor� tho dato specified in the notico may result in acceleratian of the sums secured by <br />this Security Tnstrument and sale of the Proparty. Thc notice shall further inform Horrower of the <br />right to rainstate after acceleratian and the right to bring a conrt action to assert the non�xistence of <br />a default or any other defense of Borrowet to accelerration and sale. If the default is mot cured on or <br />before the date specified in the notica, L�nder at its optinn may requiro immediate paymerxt in full af <br />all sams secured by this Security Inatrument without further demand and may involce the powcr of <br />salo and any othar remedies permitted by Applicable Law. Lender shall bo entitled to collect all <br />eaGpenses incurred in pursuing the remedies provided in this Section 22, including, but not limitad to, <br />reasonable attorneys' f��s and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each caunty in which <br />any part of the Property is located and shall mail copies of such notice in the mannar proscribed by <br />Applicable Law to Harrower and to the other persons prescribed by Applicable Law. After the tim� <br />required by Applicable I.aw, Trustee shall give pnblic notice of sale to the pe�rsons and in the mannvr <br />prescribed b� Applicable I.aw. Trustee, without demand on Borrower, shall sall the Property at <br />publia auction to the highest biddcr 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 de+termines. Trustee may postpone sale <br />of all or any parcel of the Proporty by public annauncemBnt at the time and place of any previously <br />acheduled sale. Lendcr or its designee may purchase the Proporty at any sale. <br />Upon receipt of payment of the price bid, '1'rustee shall deliver to the purchaser Trustee's docd <br />conveying the Property. The recitals in the Trustes's deed shall be prima facie evidence of the truth <br />of the statements madB therein. 'Trustea ahall apply the proceads of the sale in the following order; (a) <br />to all costs and expenses of exercising the power of salc, and the sale, including the payment of the <br />T'ruste�e's fees actaally incurred and reasonable attart►tys' foes as permitted by Applicable Law; (b) to <br />all sums secured by this Security Inatrument; and (c) any excesa 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 ro recnnvey the Property and shall surrender this Security Instrumen[ 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 persans legally entitled tn It. Such person or persans shall pay any <br />recordation costs. Lender may charge such person nr persans 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 />perrnitted under Applicable Law. <br />24. Substitute Trustee. Lender, at 9ts option, may from time 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 shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request far Notiaes. Barrower requests that capies of the notice af' default and sale be sent to <br />Borrower's address which is the Property Address. <br />001122305971 CitiMortgage 3.2,43.08 V4 <br />NEBRASKA - Single Family - Fannie MaelFreddle Mac UNIFORM INSTRUMENT WIT� <br />�-BA(NE� (0810) Page 13 of 15 Initia�s: Fpml 3028 1/O1 <br />( � sr <br />