201201859 - Laserfiche WebLink

Browse

201201859 sentences sl�all not apply to the�esencz, use, ar stoxage on flie Property of sma11 quantities of Hazardous Substances that are generally recognized to he appropriate to normal residential uses and to maintenance of the P[operty(including, but not IimYted to, hazardous substances in cons�er products). Borrower shall promptly b ve Lender vnitten noflce of(a) any investigarion, claim, dema.nd, lawsuit or other acrion by any gove�unental or zegulatory agency ar privaSe party involving the Properiy and any Hazazdous Substance or�nvir�nmental Law o£which Borrower has actual laioRrledge, (b) any Envuonmental Condition, including but not lunited fo, any spilling, lealting, dischazge, relaase or threat of xelease of any Hazardous Substanee, and(c) any condltion caused by tbe presenee, use or release of a H�zardous Substance whieh adversely affects the value of the Property. If Ban-ower learns, ox is notified by any governmenCal or regulatory authority, or any private parry�, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borroti�er shall promptly take all.necessar�r remedial actions in accordance�ith Envi.ronmental Lau�. Nothing herein shall create any obligation on Lender Por an Eno-iroamenlal Cleanup. Non-Unefiorm Covenants. Borcower and Lender covenant ana agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior Eo acceleration folIo�ving Borrower's brexch of any covenAnt or agreement in this Securitv�Instrmnent(but not piior to acceleration under Section 18 unless Applicable Law provides otherwise). The nofice shall speciTy: (a) the defanit; (b) the acfion required to cure the default; (c) a date, not less than 30 days from the date fhe notice ds given to BorXOwer, by wiuch tlie default must be cured; and(d)that failure to eure the default on or before the date specified in tlie notice may result in accelerution of the sums secured by tlris Seciu-itv Instrument and sale of the Pr�perty. Thc no&ce sl�all 4urther inform Borrower of the right to reinstate after accelera6on and the right to bring a court acfion to assert the non-effisfence of x default or anv other defense of Borrower to acceleration and sale. if the default is not cured on or before the date specified in the noflce, Lender xt its opfion may require immediate payment in full of all sums sec�red b}°this Seciuity Instrument without fiuiher demand and map invoke the power of salc and any other remedies permitted b3�Applic,�.ble La�s. Lender shall be entifled Yo callect all expenaes incurred in pursuing the semedies pro�ided in khis Section 22, including, bn#not limited to, reasonab$e attomeys' fees and costs of fitle evidence. If the power of sale is invoked, Trustec shall record a noti.ce of default in each county in which any part of the Property is located and shall mail coPies of such notice in the manner prescribed b}� Applicable Law tu Borrower and to the other persons prescribed by Applica}�le Law. �fYer the time required be Applicable Law, TYustee shall give public notice of sale to�the persons aud in the manner prescribed by Applicable Law. Trustee, withoat demand on Bonower, shall sell the Yroperty at public une&on to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee detcrmines. Tr�stee may postpone sale of all or any parcel of tHie Properiy by public announcement at the time and place of any pre�iously seHedqled 3ale. Lender o�r its designee may pnrchASe the Property at any sale. Upon receipt of paylment of the price bid, 'I7ustee shaIl deliveY to the purchaser 1Ynstce`s deed � couveying the Property. The recita.ls irt Che Trustee's deed shall be prima facie evidenee of the h-uth of the stxtements made therein. Trustee shall apply the procceds of the sAle in the following order: (x) to all costs and expenses of exercising the power of sale, xnd the sale, including the pxyment of the Trustee's fecs actually incun-ed and reasonable attorneys' fees as permitted by hpplicable La�v; (b)to all sume secUred by this Secnrity InstrumenY; and(c) any escess to the person or persons legAlly entitled to it za000ssa NE3RHSKA-Single Family-Fannie A1aelFretldie W ac UNIFORf+I INSTRUNI ENT Potm 3028 V�1 �A�P� VM P6(N�(1105) �.Nolters Kluwzr FinzncialS°rvices Page 4 ai'I]