201105617 - Laserfiche WebLink

Browse

20�.1056��.; NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleral3on; Remedies. Lender shall give no13ce to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this 5ecnrity Instrument (bnt not prior to acceleration nnder Section 18 nnl�s Applicable Law provides otherwise). The notice shall sp�fjy: (a) the defanit; (b) the action reqwtred to cnre the default; (c) a date, not lese than 30 days from the date the notice is given to Borrower, by whiich the default must be cnred; and (d) that failure to cnre the defanit on or before the date spedfled �in the noHce may resalt in acceleration of the snms secared by this Secnrity Instrament and sale of the Property. The notice shall fnrther �inform Borrower of the right to reinstate after acceleration and the right to bring a conrt action to assert the non-e�tstence of a defanit or any other defense of Borrower to acceleration and sale. If the def�ult is not cnred on or before the date spedfled �in the nol3ce, Lender at its option may reqnire imm�tate p�yment in fall of all snms se,cnr� by this Sexurity Instrament withont further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be enl3tled to collect all ezpenses incnrr� in pnrsaing the remedies provided in this Seclatan 22, inclnding, bnt not limit� to, reasonable attorneys' f�s and costs of title evidence. If the power of sale is invoked, Trnstee shall record a notice of default 8n each connty in which any part of the Property �is located and shall ma�tl copies of such noHce in the manner prescrlbecl by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time reqnired by Applicable Law, Trast� shall give pnblic not3ce of sale to the persons and in the manner prescrYbed by Applicable Law. Trastee, withant demand on Borrower, sha11 aell the Properiy at pnblic anction to the highest bidder at the time and place and nnder the terms des�ignated in the no�tce of sale in one or more parcels and in any order Traste,e determines. Trastee may postpone sale of all or any parcel of the Property by pnblic annonncement at the tlme and place of any previonsly schednled salc. Lender or i� design� may pnrchase the Property �t any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trnstee's deed conveying the Property. 17►e r�it�ls in the Trnstee's d�d shall be prima facie evidence of the trath of the statements made therein. Trastee shall apply the proceeds of the sale in the following order: (a) to all costs and ezpenses of ezerds�ing the power of sale, and the sale, including the payment of the Trastee's fees actaally �incnrred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all snms sexared by this 5�urity Instrnment; and (c) any egcess to the person or persons legally entitled to it 23. Reconvey�nce. Upon payment of all sums s�ure� by this Sec�rity Inslrument, Lender shall r�uest Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt sec.vrad by this Security Inslrument to Trustez. Tivstee shall re�onvey the Property without warranty to the person or gersons legally entitled to i� Such pe�son or gersons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third pRrty (such as the Trustee) far services rendered and the chazging of the fee is permitted under Applicable Law. 24. Snbsdtnte Trastee. Lender, at its option, may from time to time remove Trustee and appoint a succe.ssor trustee to any Truste,e appointefl hereunder by an instrument r�orded in the county in which this Security Instrument is re�orded. Without conveyanc� of the Property, the suacessor trustee shall succeed to a11 the title, power and dutie.s conferred upon Trustce herein and by Applicable Law. 25. Reqnest for Notices. Boaower requ�sts that copies of the notice of default and sale be sent to Borrower' s add�ress which is the Property Address. 2200129581 D V6ANE NEBRASKA - Single Family - Fannle MaelFreddle Mec UNIFORM INSTRUMENT W �-6A(Nq loetol Pege 13 of 16 i • Q' Form 3028 7/01 m