201204818 - Laserfiche WebLink

Browse

201204818 sentences sha11 not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally re,cognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). Borrower sha11 promptly give Lender written norice of (a) any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Bonower has actual lmowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition causecl by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Bonower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower sha11 promptly take all ne,cessary remedial actions in accordance with Enviro�ental I.aw. Nothing herein shall create any obligation on Lender for an Environmentat Cleanup. Nan-Uniform Covenants. Borrower an� Lender covenant and agree as follows: 22. Acceterati�n; Remedies. Lender shatt g�ve notice to Borroveer priar to acceler�tian following Borrower's bse�c6 of aeey coveaant or �ment im this S�urity Instrument (bnt uot flrior to acceleratioa under Section 18 u�tc�s Applica6ie I.aw provides otherwise). T6e r►otice sha11 specify: (a) the def�ult; (b) the action require�3 to cure the defauit; (c) a date, not le�s than 30 days fcem the date the notice is given to Borrower, by w1� the defa�Tt must be cured; and (d) that failue�e to eure the de€a�t on or be£ar� the date specif'ed ire the notice may resuit in accelera�ion of t6e s�� s�cured by this Securi� �umen,t and s�le �f t@e Y'ropeaty. ti'�ee notice shal� fe�rther iaform �orrower of the righE to rei�r�st$te �fter aECeteratios � t�ae �Bt ta briag a�orirt action to a,4sert the �n-egis�ence of a defa�t or any oth�r deE�e of B�rroveea to a�etert�tion and sate. �f the ctefaeilt is not enred on or before the date specified in t�e notice, Lesd�er at its option may r�vire �ediate payment �n �i af ati sums secure�B by this Seeuri�y T�ffi� wi�ho�t further demaad � may iuvo&� t�ee power of saTe and any other rem�ies permitted by Apglie�bte Law. LeBder shali be entitted to colYect all e�enses incurred in purstiiag the remedies grovided in this Sectioa 22, inclvding, but not limiteci to, r�sonable attorneys' fces �nd costs of title evidence. If the �wer ot sale is invoked, Trust� shali record a notice of defautt in each county �n whieh any p�ut of the Pccfperty is locat� �end sha11 m� cagi� of such notice in thE manner prescrit�ed by Apg�ahle Y.aw to Borrower and� to tt� ather persons pre.scribed by Applicable I.aw. After t�ie time rea�uireci by Agplicabie Law, Tn�stee s1� give pub�ic notice of saie to the persons and in the maBner prescrib� by Agp�icable Law. �ust�, without demand on Borrower, shall se�l the Property at public auction 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 determines. Trustee may postpone sale of rall or any parcel of the Property by gublic announcement at the time and place of any previously scheduled sale. Lender or its desiguee may purchase the Property at any sale. Upan receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dced conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proce�s of the sale in the following order. (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or �rsons legally entitled to it. NEBRASKA-Sirtgle Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUME(VT VMP � Wolters Kluwer Financial Services Form 3028 1l01 VMP6(NE) (1105) Page 14 of 77 . r f.,,