Laserfiche WebLink
�012����� <br />sentences shall not apply to the presence, use, or storage on the Property of sma11 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 />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />acrion 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 l�owledge, (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 Borrower learns, 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 Property 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. Bonower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower grior to acceleration following <br />Borrower's bresach of any covenant or agreement in this Security Lfstrument (but not prior to <br />acceleration under 5ection 18 unless Applicable Law provides oth�). The notice shall specify: (a) <br />the defautt; (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 which the default must I�e cured; and (d) that failure to cure the <br />default an or before the date specified in the notice may result in acxeleration of the sums s�ur� by <br />this Sec�aity I�trument and s�ie of the Property. The aotice s�il fiu�tt�er inform Borrower of the <br />right to reinsta�te �er acceleration and the right to bring a caurt action to assert the noa-elristence of a <br />defae�t or �y crtiier defe8se of Bonrower to acceleration and sale. If t6e default is nat cured on or <br />before the dt�te speciHed in tl�e notice, Lender at its option may r��ire immediate gayment in full of <br />all sums seeured by this Security Instrument without further dema�d and may invoke t�e power of sale <br />and any other remedies permitted by Apgticable Law. Lender shail be entitled to colle,ct all expenses <br />incurred zn pwsuing the remedies provided in this Section 22, including, but not limited to, reasonable <br />attorneys' fces and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of detault in each county in which any <br />part of the Propeaty is tocated and sbatl mail copies of sucfi notice in ti�e manner prescribed by <br />Applicable Law to Borcower and to the other persons prescribed by Applicable LavN. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall �ll the Property at public <br />auction to the highest bidder at the time and place and under the terms designat� in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trustee 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 design� may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trust� shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trust�'s dced 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 expenses of exercising the �wer of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' f�s as permitted by Applicable Law; (b) to <br />all sums secured by this S�urity Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP Q VMP6INE� (1105) <br />Wolters Kluwer Flnencial Services Page 14 of 17 <br />