Laserfiche WebLink
201206068 <br />sentences shall not apply to the presence, use, or storage oil the Property of small quantities of Hazardous <br />Substances that are 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 />action by any governments] or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has aclual 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 govermnental or <br />regulatory authority, or any private party, that any removal or other romedidtion of any Hazardous Sub8lanw <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 oil Lende- 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 Borrower prior to acceleration following <br />Borrower's breach of any coverimit or agreement in this Security Instrument (but not prior to <br />acceleration under Section IS unless Applicable Law provides otherwise). The notice shall specify: (a) <br />file 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 Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the stairs secured by <br />this Security Instrument and sale of (be 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-existeirce of a <br />default or aav other defense of Borrower to acceleration and sale, If the default is not cured on or <br />before the date specified in the notice, Leader ld its option may require immediate payment ill full of <br />all sums secured by this Security instrument without further demand and may invoke (lie 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 county in which ally <br />part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law, 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 oil Borrower, shall sell the Property at public <br />auction to the highest bidder ill the time and place and under the terms designated in (lie notice of sale <br />in one or more parcels and in ally 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 airy previously scheduled sale, <br />Leader or its designee may purchase the Property at any sale. <br />Upon 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 (ruth of <br />the statements made therchy. Trustee shall apply the proceeds of the sale in the following order; (a) to <br />all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorlicys' fees as permitted by Applicable Law; (b) to <br />all surassecured by this Security Instrument; and (c) ally excess to the person or persons legally <br />entitled to it, <br />24001603 <br />NESRASKA-Smq1. M��/F,eddl� Wo UNIFORM INSTRUMENT F�.... 3025 1/0 1 <br />VMP @ VMPB�Nl) (11 OE) <br />W�ft.�, Kl�r Fi,�,.W P�g� 14 �f 17 <br />