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201200170
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Last modified
3/7/2012 11:22:15 AM
Creation date
1/9/2012 12:50:44 PM
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DEEDS
Inst Number
201200170
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201200170 <br /> seiztencas shall not apply to the presence, use, or storage on the Property of sinall c�uantities of Hazardous <br /> Substiances tl�at are generally recogniaed to be appropriat'e to normal resiclerltial uses and to maintenance of <br /> the Property(including, �uti not liinited to, hazardous substances in consuiner products), <br /> Borz•ower s1�a11 proinp�ly give Lender written notice of(a) any investigation, claim, deinand, lawsuit or other <br /> action Uy any goveriuilental or regulatoiy agency or private plrty involving the Property and any I3azarclous <br /> Substance or Lnviroiunental Lat�of which Borrower has actuallcnowledga, (b)any Enviromnental <br /> Condition, including but not limited to, aily spilling, lealcirig, discharge, release or threat of release of a�7y <br /> H�zardous Substance, and(c) any conditioiz caused by the presence, use or release of a Hazardous Substance <br /> which adversely affects the value of the Property, If Bori•ower learns, or is notifiecl by�ny governinental or <br /> regLtlaCory anthoriiy, or any private pai�ty, that any reinoval or o�her remediation of any Haz�rdoLis SuUstaiice <br /> affecting the 1'roperty is ilecessal��, Borrower sha11 promptly�a1ce a11 necessary reinedial actions in <br /> accordance with Environtnental Law. Nothiiig herein sha11 create any obligation on Lender for an <br /> Environtnental ClelnLtp. <br /> Non-Uniform Covenants. Bori•ower aild Lender covenant and�gree as follows: <br /> 22. Acceleration; Remedies. Lender sh�ll give notice to Borrower prior to accelerltioa�following <br /> Borrower's breacli of 1uy covennnt or ngreement in this Sec[irity Instriiineut(bnt�iot prior to <br /> acceler�tiou uuder Sectiou 18 unless Applicnble L1w provides otherwise). The notice s�i�ll specify: (a) <br /> the defatilt, (b) tl�e �ction reqnired to cure the defanit; (c) a date, not less thnn 30 days from the date <br /> tl�e notice is given to Borro�er, by which the clefanit must be cured; aticl(d) thnt failure to cure the <br /> def�ult ou or before the dnte specified iu tlie notice mny result in accelerntion of the sums secnred by <br /> this Secnrity Insti�ument nnd sale of the Pi•operty. The notice shall fiirtlier inforin Bori•ower of the <br /> riglit to reinstnte after�cceleration nnd the ri�ht to uring n conrt nction to 7ssert the non-existence of� <br /> defnillt or nny otlier defense of Borrower to�ccelei•Rtion n�td snle. If the ciefnult is not cured on or <br /> before the date specified in the�iotice, Leyider at its option may requi�•e inunedi2te p�yment iiY full of <br /> Rll snms seeured by this Security Listrument without ftirthei•demnnd auci m�y involce the power of s11e <br /> and�tny other a•emedies permitted by Applic�ble Lnw. Leueler sh�ll be entitled to collect all expenses <br /> incurred in pursuiug the reinedies provided in this Section 22, including, but uot liinited to, renson�tble <br /> �ttorneys' fees ;►nd costs of title evideuce. <br /> If ttie power of sxle is involzed, Trustee slinll record n notice of deflult in e�ch county iu which any <br /> pnrt of tlie Property is located nnd s1i111 mail copies of sucli notice in the�nnmier presci•ibed by <br /> Appliclble Law to Borrower�►nd to the other persons prescribed by Appliclble L�w. After the time <br /> reqiiired by A�pliclble Law, Trustee shall give pnblic notice of sale to the pei�so�is niid in the m�nner <br /> prescribed by Applicnble L�w. Trustee, without demn�rd on I3oi•rower, sliall sell the Property nt public <br /> nuction to the aiighest bidder 1t the time nnd place �nd[mder the terms desigulted iu the notice of s�tle <br /> in one or ynoi�e parcels�rid in any order Trnstee determines. Trustee may postpo�ie sale of 111 oi°nny <br /> plrcel of tihe Property by public nnuounceinent at the time a�id place of any previously schednled sale. <br /> Lender oi•its desiguee�nay pnrclinse the Property �t any snle. <br /> Upou receipt of pnyuient of tlie price bid, Trnstee shall deliver to tlie piu�clisser Trustee's deecl <br /> conveyin� the Property. The recit�ls in the Trustee's deecl shall be prima facie evidence of the truth of <br /> the stateinents made therein. Trtistee sh�ll apply tlie proceeds of the sale in tlze followiug order: (a) to <br /> 111 costs nnd expenses of exercisirig the power of s�le, nud the sale, inchtdiiig the plyment of the <br /> Trnstee's fees nctunlly inciu�red ancl re�►sonnble �ttorneys' fees 1s permitted by Applicable Lnw; (b) to <br /> all siiins secured by tliis Sec1u•ity Insti�uinent; nnd (c) lity excess to tlre person or persons legnlly <br /> entitled to it. <br /> 24000026 <br /> NEBRASKA-SIngle Family-Fannle Mae/Fretltlie Mac UNIFORM INSTRUMENT Form 3026 1/01 <br /> VM P� VM P6(NE)(11051 <br /> Wolters Kluwer Financlal Seruices Page T4 of 17 <br />
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