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201201978
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Last modified
3/16/2012 11:07:52 AM
Creation date
3/15/2012 2:41:29 PM
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DEEDS
Inst Number
201201978
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201201978 <br /> sentences shall not apply eo tl�e presei�ce, use, or storagc on thc Properly oF smaU quankities of fIlzudous <br /> SuUstauces th2t are geiierally rec;ognized to be appcopriate to normal residential uses and ro maii�tenance of <br /> the Property ([ncluding, but noC limited to, hazardous substanees iia ponsumer pcoduEts). <br /> Borrowec shall promptly give L,entler wriCCen notice of(a) any invesdgaeioi�, claim, demand, ]awsuit or oCher <br /> xction by any govcrrunenta] or regulatory agency or privaCe party involving the PrcaperCy aiid any Haiardous <br /> SubsCance or £nviromnental Law of which Borrower has actual laiowledge, (b) auy Environme�tal <br /> Conditi�u, ineluding� but not limited to, any spilling, leaking, dischargc, release or threat of relense of ai�y <br /> Hazardous Stibstanee, and (c) any condition causcd by t'he p�esence, use or release of a Hazardous Substancc <br /> w�icli adversely affects the value of the Property, If Rorrower learns, or is notified by any govercm�ental or <br /> regulatory uuthority, or any private party, that aoy removal or ot(ier remediation of any Hacardous Substanae <br /> affecting the ProperCy is neeessary, Boccower shall pron�ptly take all necassary remedial actions in <br /> accordance witli Enviromnental Law. Nothing hcrein shall create any obligatioi� on Lender for an <br /> Enviromnental Cleanup. <br /> Non-Uniform Covenants. Borrower and LenQer covcnanC and agree as follows; <br /> 22. Acceleration; Remedies. Le�rder shall give notice Yu Borruwer priur to acceleration follow��rg <br /> Borrower's breacl� of auy covonant or a�;reemeut in thie Security Iuatrument (but not l�rior tu <br /> acceleratiou under Scction 18 uuless Applicable Law provides otherwise). Thc notice shall specify: (a) <br /> the deYaulh, (b) the uction ��equired to cure tl�e defanit; (c) a d�to, not]c�ss Ehan 30 �lays Prom the date <br /> �he noCice is given to Borcower, by wl�ich the dcfault inust be cured; t�nd (d) that failure to cure tl�c <br /> defaulC ou or ueFore the date spccificd iu il�e iiotice may result in acceleration of the smns secured by <br /> this Secm�ity Instrament nnd sale of the YiroperCy. The uoti�ce shall furtl�er inYoiv� Barruwer of the <br /> right to reiiistnte after acceleiation and the right to bring a wurt action to assert the aon-existence oY a <br /> default or any other defense of Borrower to acecleratim� and sale. IY the defaalC is imt cured ou or <br /> bePore tLe date specifted in the notice, Lcnder nt its opfiou may reqtire immedilEe paymeut in t'ull oY <br /> all sums secured by th9s Security Iustrument without l'tn�Cher den�aud and may iuvake tl�c power uf aale <br /> and any othcr rcmedics perniitted by Applicable I,aw. Leuder shall be eutitlecl to collect all expe�uses <br /> i�icurred iu pursuiu�;the remedies provided iu thie Section 22, inclnding, but»ot linvted to, reasouahle <br /> �Ctorneys' Pees aud costs nf tiCle evidence. <br /> IP the power of sale is involced, Trustce shnll recurd a�iotice oP defaulC in ��ch comity in which any <br /> part of tihe Piroperfy is located flnd shall mail copies of suct� notice in the mauuer preseribed by <br /> Applicable Law to Borcowcr aud tu the otlier persons prescriUed by ApplicnUlc Law. Aftec the tin�e <br /> ceqnircd by Applicable Law, Truetee shall give pub]ic notice ot'salc to thc persuns und in Che mam�er <br /> prescribed by Applicuble Layv. Trustee, withont demand on Borrower, shull sell Cho Pt•operty aC pa6lic <br /> auct4on Co Che highesC bidder at the time and placc v�d mider tlie terms des9gnatecl in the notice of salc <br /> in one or more parcels and in �uy ardcr Trustee deterinines. Ti��sCee may postpone sale of all or+�iry <br /> parcel of the Property by public u�iuuu��cen�euC aC the time aucl place of any previously scheduled sale. <br /> Lender ur its designee may purchase the Prpperty at auy sale. <br /> Upon reccipt ot'paymcut of tl�e price bid, Trustee sliall deliver to the purelinser Truatee's deed <br /> couveying tlie Yruperty. 'L'he reciCal�in the Til�stee's dced sha11 be prinia facie evidence of the truth of <br /> the staCements made t}�erein, Tilistee s[iall apply thc pruceeds of the,5ale iu tl�e fo]Towing ordci: (a) tu <br /> all costs and expenses of exercisiug tlic power uf sale, and Che sale, iucludi�g tl�e paymcnt of Ehe <br /> Trustee's Fees actually incurred��id reasonable actorneys' fees as permitted by Applicuble I.aw; (b) to <br /> �ll sums sccured by tl�is S�urity L�sCrument; and (c) any excess to thc persui� or persons legally <br /> eiititled to it. - <br /> za000ea� <br /> NEBRASKA-Singla Family-fanrde Mae/FraJdie Mao UNIFORM INSI'HUMENT Po�m 3026'1101 <br /> VMP�R VMP81iJE111105) <br /> Walters I<luwvr Flnenclol Sorvloos� Paqe 1 h af 1% <br />
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