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201202409
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3/29/2012 10:59:01 AM
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3/29/2012 10:59:00 AM
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201202409
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201� <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 Property (including, but not limited to, hazardous substances in consumer products). <br />Bonower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the value of the Property. If Bonower leams, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance <br />affecting the Properiy is necessary, Borrower shall promptly 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. Acceleration; Rehnedies. Lender shall give notice to Borrower prior to acceleration folloveing <br />Borrower's breacb of any co�enant or agreement in this Security Instrument (6ut not prior to <br />acceieration �ne�er Se�ion 28 unless Applica6le Law provides otherwise). The notice shall speGify: (a) <br />the defaiilt; (b) tZ�e adion ree�pired to cure tl� default; (c) a date, not less than 30 days from the date <br />the no�ce �s given to Borrower, by which the default must be c�; and (d) that failure to cure the <br />def�etlt on ar begare t�e date specified in the notice rnay resv�lt in acceleratioe of the sums secured by <br />t�s Sec�rity i�tr�m� �nd sale of the Praperty. The notice sl�ll Further infarm �orrower of the <br />rigfit to reinstate after acceieration and the rig6t to bring a coeirt ac�ion to assert the non-eaustence of a <br />cYefautt or any other de�e�e of �3orrower to acceler�tion and sale. If the default i4 not cured on Qr <br />be�ore the date speei�eeJ in the ttotiee, Lender at its option may req,uire immediate payment in f� of <br />all sums s�t�re.�i bx ��ty Ir�tr�ment writhout fvrther demand and may invoke t6e power of s��e <br />and any ot�►rr rema3ies permitted by Agplicable Law. Lender shall be entitted to couect all expenses <br />incurred in pursuing tbe remedies grnvided in tliis Section 22, including, but not limited to, reasona6le <br />attorneys' fees and c�ts of title evidence. <br />If the power of sale is in�o&e�i, Tn�ssttee shall record a notice of default in each county in which any <br />gart of the Property is lo�ated �d shatt mail copies of such notice in the m�nner prescribed by <br />Applica6�e Law to �orrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applica6le Law, T�ustee shall give public notice of sale to the �asons and in the manaer <br />prescribed by Applicable Law. Trust�, v�ithout demand on �orrower, shall sell the Property at public <br />suction to the highest biddex at the time and place and under the terms designated in the notice of sale <br />in one or more garcels and in any order Trustee determines. Tn�stee 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 r�eipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the procceds of the sale in the following order: (a) to <br />all costs and expenses of ea�ercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Fam(ly-Fennie Mae/Freddle Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1l01 <br />VMP6(NE) (1105) <br />Page 14 of 17 <br />, ��' � ? � �, <br />
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