Laserfiche WebLink
20i20144� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that aze generally recognized to be appropriate to normal residential uses and to maintenance of <br />the Properiy (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall prompfly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private parly involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual l�owledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threa.t of release of any <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazazdous Substance <br />which adversely afFects the value of the Property. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private pariy, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, Borrower shall prompfly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleretion; Remedies. Lender shall give notice to Borrower prior to accelera6on following <br />Borrower's bresch of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unle�s Applicable Law provides otherwise). The notice shall specify: (a) <br />the defanit; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by wluch the defanit must be cured; and (cn that failnre to cure the <br />default on or before the date specified in the notice may result in acceleration of the sums secured by <br />this Security Insirument and sale of the Property. The notice shall fnrther inform Borrower of the <br />right to reinstate after acceleraiion and the right to bring a conrt action to assert the non-existence of a <br />default or any other defense of Borrower to acceleration and sale. If the default is not cnred on or <br />before the date sgecified in the notice, Lender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without further demand and may invoke the power of sale <br />and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all ea�enses <br />incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable <br />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 any <br />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 />reqnired by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />pr�cribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at pnblic <br />suction to the highest bidder at the time and place and under the terms d�ignated in the notice of sale <br />in one or more parcels and in any order Trnstee determin�. Trnstee may postpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br />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 Property. The recitaLs in the Trastee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to <br />all costs and exgenses of exercising the power of sale, and the sale, inclnding the payment of the <br />Trnstee's fe� actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Inshvment; and (c) any excess to the person or persons legally <br />entitled to i� <br />NEBRASKA-Sl�la Family-Fannie Mae/Fraddia Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPB(NE! 111061.00 <br />Wolters Kluwar Finerxfel Servicea Pege 14 of 17 <br />