Laserfiche WebLink
2012032�� <br />sentences shall not apply to the presence, use, or storage on the Property of sma11 quantities of Hazardous <br />Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of <br />the Properly (including, but not limited to, hazardous substances in consumer products). <br />Bonower shall prompfly give Lender wriuen notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulaxory agency or private party involving the Progerty 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 Borrower learns, or is notified by any governmental or <br />regulatory authoriry, or any private party, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, Bonower 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. Acceleration; Remedies. Lender shall give notice to �rrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specif`y: (a) <br />the default; (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 �rrower, by which the defanit must be cured; and (d) that failure to cure the <br />default on or before the date specified in the notice may r�ult in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court 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 cured on or <br />before the date speci�ied 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 expenses <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 connty in wluch any <br />part of the Property is located and shall mail copies of such notice in the manner pr�cribed by <br />Applicable Law to Borrower and to the other persons pr�cribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public natice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public <br />auction to the lughest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trustee determin�. 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 d�signee may purchase the Property at any sale. <br />Ugon receipt 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. 1�ustee shall apply the proceeds of the sale in the following order: (a) to <br />all c�ts and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fe� actually incurred and reasonable attorneys' fe� as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any ea�cess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Pannie Mae/Frarldie Mac UNIFORM INSTRUMENT Form 3028 1/O7 <br />VMP p VMP6(NE1117051.00 <br />Wokere Kluwer Financial Services Page 14 of 17 <br />