201100493 - Laserfiche WebLink

Browse

2011Q0493 hy any govermnenlal or reeulatory authnrity nr any private parly, that any removul ot other remediation of any Hazardous Subslance affecting th� Property ia necessury, $otrower shall promptly take all necessary rernedial actic�ns in accordance with T'nvirnt�n�ental Law. Nolhing herein shall create any ohligation ntA Lcnder fi,r an Envitanmental Cleanup_ NON-iINIFORM COVC:NAN'1'S. Botrvwer anci Lender Iurther covenant and agree as follows: 22. Accclerution; Remedies. Lender shall give notice to Bormwer prior to acccleration following Borrower's hreach uf any covcnant ur a};reement in this SecuXity Instrument (but nut priur tu accelerati��n under Section 18 unless Applicable Lnw pruvides otherwise). The nutice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days 1'rom the date the notice is given to Borrower, hy which the default must be cured; and (d) that failure to curc the default on or bcfore the date specified in the notice may result in acceleration of thc sums sccured by this Security Instrument and sale of the Property- Thc notice shall further inform Sorrowcr of thc ri�ht to reinstatc after acceleratinn and the right to bring a court action to assert the non-existence oi' a default or any uther dePense nf Enrrowcr to acccleration and sale. If the default is not cnrcd on or before thc date speciiied in the noticc, Lender at its option may require immediate paymcnt in full of' all sums secured hy this Security Tnstrumcnt without further demand and may invoke the power of salc and any other remedies permitted by ApplieaLle Law. Lender shdll be entitled to collect all expenses ineurred in pursuing the remedies provided in this Sectiun 22, including, but not limited ta, rcasonable nttorneys' fees and costs of title evidence. If the puwer of sale is invokcd, Trustec shall recurd a nutice of default in each cuunty in which any part of the Pruperty is located and shall mail cupies uf such nutice in the manner prescribed by Applicablc Law to Borrower and to thc othcr persons prescr'rbed hy Applicable Law. After the time required by Applicable Law, 'Trustce shall give public notice of sale tn the peryons and in the manner prescribcd Uy Applicable Lxw. Trustcc, without demand on Borrower, shali sell the Property at public auetion to the hi�;hest biddcr at the time and place and under the terms designated in the noticc o1' sale in one or more pareels and in any order Trustee determines. Trustee may postpune sale of all or any parcel uf the Property by public announcement at the time and place uf rny previuusly scheduled sale. Lender or its designcc may purchase the Pruperty at any Sale. Upon reeeipt of pryment o!' thc price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the "1'rustee's deed shall be prima facie evidence of the trath of thc statements made therein. Trustec shall apply the proceeds of the sale in the following order: (a) to all costs and espenses of exercising the powcr of 5ale, and the sale, including the payment of the Trustcc's fccs actually incurred and reasonablc attorncys' fees as permitted hy Applicable Law; (b) t�► all sums seeured by this Security Instrument; and (c) any escess tc► the person or persons le�ally entitled to it. 23. Reconveyance. LJpc+n puyment of all SU1115 sccured hy this Security Instnunent, Lender shall requcst Tn��tce tp reconvey lhe Property and shall surrendcr fhis Security Instrumetrt and all notes evidencing dcht �ecured by lhis Sectiirity Tnstru►ncnt to '1'n�titee. Ttuslee shall I'econvey ihe Pt[�petty without warranty tp the petson or persons lcgally cntiticd to it. S�.�ch per5on c�r persons shall pay any recordation coGtti. Leniler may charge such person or per�ons a fec for reconveying the Pro�,crty, hut nnly if the fee is paid to a third patly (such as the 'T'rustec fnr scrviceG rCn�ierea and the charging of the fee is pennitted undcr Applicah.le Law. 24. Suhstitute Trustee. Lender, at its option, rnay f�mm tizne tn time remove Trustee and appoint a �uccetisor trustee to any Trustee appointed hereunder hy an instrument recorded in lhe county in which this Sectu'ity Inetruuienl is tecorded_ Without canveyance o£ lhe Ptopetty, the successor truslee shall succeed to all the litle, power and dutieti conferred upon Truslee herein and by Ap�licablc Law_ 25. Request for Noticcs. Borrower requests that cnpie� o� the nc�tice of default and eale be sent to $orrower's addretis wlaicft is the Property Address. NEBRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRl1MENT �-6,NE� (0811) Pege 13 of �5 Initials; l,1 � Form 3D28 1/01 � � � �