Laserfiche WebLink
20iso37sc <br />by any governmental or regulatory authority, or any private party, that any removal 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 �nvironmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />'NON-UIVIFORM COVENANTS. Borrower and Lender further covena.nt and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any cooenant or agreement in this Security Instrument (bnt not prior to <br />acceleration nnder Section 18 unless Applicable Law provid� otherwise). The notice shall specify: (a) <br />the default; (b) the action r�nired to cure the default; (c) a date, not l�s than 30 days from the date <br />the notice is given to Borrower, by which the defanit must be cured; and (d) that failure to cure the <br />defanit on or before the date specified in the notice may r�ult in acceleration of the sums secnred by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action 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 or <br />before the date specified in the notice, Lender at its option may require immediate pa,yment in full of <br />all sums secured by this 5ecnrity Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />e8penses incurred in pursuing the remedies provided in this Sec6on 22, including, bnt 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 of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall gioe public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, withont demand on Borrower, shall sell the Property at <br />public anction 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 gostpone 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 sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Propert�. The recitals in the Trustee's deed shall be pruna facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />to all c�ts and expenses of exercisin�g the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incnrred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Secnrity Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Recon�eyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument 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 entitied to it. Such person or persons shall pay any <br />recorda.tion costs. Lender may charge such person or persons 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 />permitted under Applicable Law. <br />24. Sui�titute Trustee. Lender, at its 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 tifle, power and duties confened upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Bonower requests that copies of the notice of default and sale be sent to <br />Bonower's address which is the Properly Address. <br />NEBRASKA - Single Family - Fannle Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NEI toe>>t Paga 13 of 16 i�re�$: � Form 3028 1/01 <br />