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201200930
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Last modified
3/7/2012 11:25:16 AM
Creation date
2/6/2012 9:52:31 AM
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DEEDS
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201200930
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201200930 <br /> sentencas sliall not apply Yo the pxesznoe, use, �r storago on Yl�e Proparty of emall qi.inntities of Haaardotiu <br /> Subsfances tl�at arc generaliy recognized to be nppropriate to normal residential uses and to mninCenauce of <br /> #he Property(inchidrng, but not li�nited to, lia�ardous subsEanoes in consumer prod�icts). <br /> Borrower shell prompCly give Lcndc;r written noCice of(a) wy investigation, elaim, demand, lawsuit or othee <br /> acUon by any govermnental or xegulatoiy agency or privafe party involving the ProperCy and any I-[azardous <br /> Sub�tance oi Euviminnental Law of which Borrower has actual lrnowledge, (U) eny Environme��Cal <br /> Condition, including btrt not li�ited to, any spilling, lealting, disahargc, release or tln�eat of rele�se of any <br /> H<nzu-dons Substai�cc, and(c) any condition caused by the prasence, use oe release of a Hnzaadous Substnnce <br /> which adversely aPfeots thc valuc of t1�e PrQpei ty. IP Borrower learns, or is noCiiied Uy any governmental oc <br /> regulatot�y authority, or nny privaCe party, that any ramoval or other rainedifltion of any Htizardous Substanoe <br /> aPfec[ing Cho Property is necessary, Bonrower ehall promptly teke all necessary rcmcdia1 actions iii <br /> accordauice with Envirotunental Law. Nothing l�eroin shall create any obligaGon on Lender for an <br /> Riyviromnental Cleanup. <br /> Non-Uniform Cbvenants. Borrower nnd Lender coveuaiil�uid Tgrce as follows: <br /> 22. AcceleYation; Remedies. Leuder sliall give notice Co 13orrower prior to ncccleration following <br /> Burivwer's breacli of any covcunnt or agreemenC tu C}iis Secnrity fnstrument(bnt��ot prior to <br /> xccelerx�iou a��der Section 18 tmloss Applicable Lnw provides oC}ieitivise). 'Che�mtice sliall spocify: (n) <br /> the ciefanlC; (b) the nefion req�ured to em•e �lic doYanit; (c) a date, not lese than 30 daye from the dnte <br /> tlie�notice is given ta Bm•inwor, b3�whieli tlie defxidt mast be enred; and (ci) tLaE failm•e tn c�rre the <br /> dofnult on ar before the date specified in fhe tmClce may result i�i aocelerntim� oP fl�o sams secm•ed by <br /> tl�is SecuriTy Instrunient and snlc oF the Property. The uotice alis�ll fsu•tlier inform Rm�rower of thc <br /> riglxt tu reinstnte afCer accele�°atiun and tlze riglit to briug a coart action to leserl tl�e nm�-axistence of x <br /> dcfat�lt or nny otl�or defense of Borirower Io acceloraLian xnd eale. If tlie defa�dt ts uoC cared on or <br /> Hefore t1ie dnte specified in the uotico, I,onder at its option may reqnire immedixte pay�nent in fnll of <br /> �11 enms�ecm�od hy Chis Secw•ity Instrnment withoaC farthor demand and may invoke Chepower of sale <br /> and auy ofher remedies permitted Uy Applicable'Law. l,euder shall bo onYilled Co collect all expenses <br /> incarrcd in parsning tlio remedies provided iu thig Section 22, inclnding, bat not limiEcd to, reason�ble <br /> attorneys' feea smd costs of�iClc evidence. <br /> I1'tlio power of sale i�s imuked, Tr��stee shnll rcwrd a�aotice of def�nit iu each coimty in wluch any <br /> pnrt of the ProperLy is locaCed and sl�all mail cupies of snch uotino in thc mnnner prescribed by <br /> Applicable Law tu Barrower nnd to tl�e otlAer persm�a�rosei9Ued by ApplicaUlc Lxw. AfCer tLe time <br /> reqnired by Applfc:ible I,aw, Trastec shall giva pnklic i�otice of sale Co Che persons nnd in the mannor <br /> prescribed by Applicable Law. Tr��stee, withont dem�u�d un Borrowor, al�all seIl flie Propea•ty at pablic <br /> anction to tl�c lughest bidder nt Elie time and place and m�der Che terms designaCed in the notice uf eale <br /> in one or more parcels and iu any ordcr Trnatec detorminos. Trastee inay poslpone sale of sdl or any <br /> parcel of Cl�e Properly by public:umonncement nt tl�e[imo and place of any previnasly scheduled sxle. <br /> Lender m•ifs designee may pm•chaeo the Yroperty xt ai�y sAle. <br /> IIpon receipC of payment of the price bid, Trastee shall dcliver to tlie pnrchaser TrasCeo's deed <br /> conveying the PiroperLy. T}ie reciCnls iu Che'1'nistee's deed shaII be prunn Pncio evidence of tLe Cn�Ch a�P <br /> the stntemeute mnde t7�orcin. Trnstee shnll apply the proceeda of H�e sale in Ihe follaa�ng order: (a) Eo <br /> all costs and expenses of exercising the powcr of salc, and tlae sale, inclnduig Clae pnyment uf tl�c <br /> Truetee's fees acCzially incnrred �nd reasonable attoi�neys' #'ees as permitted Uy AppllcaUle Law; (b)ko <br /> .�ll snme eccivcd bp tlus Secm�ity Instriwient; nnd(c) auy excess to the person or persovs legnlly <br /> entitled to it. <br /> 2A000218 <br /> NEBf2ABKA-Singla Fam ily-Fennle.M aelFfeddle M ac UNIFORM INSTRU M ENT Porm 302b��/07 <br /> V M P O^ \/fd P6(N E)(11051 <br /> Wolters Kluwer Flnanclel 3ervlces Page 14 of 17 <br />
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