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201206682
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201206682
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Last modified
7/20/2017 9:46:04 AM
Creation date
8/13/2012 3:24:57 PM
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DEEDS
Inst Number
201206682
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201206682 <br /> scntences sl�all not apply to the presence, asc, or storage on L�e Yroperiy of small yuantities of IIuardous <br /> Substaxices thaY are generally recogll]Zed to be appropriate to noimal residential uses and tn maintznance of <br /> the Property(including, but not limited to, hazardous substances in consumer products). <br /> Borrowcr shall promptly give Lender written norice of(a) any investigation, claim, demand, lawsuit or other <br /> action by any govermnental or regulatory agzncy or private party invalving the Property and any FIazardous <br /> S�ibstance or Environmental Law of which Boirower F�zs actual lmowledge, (U} any Environmental <br /> Condition, including but not limited to, any spilling, lealdng, di,charge, release or tl7reat of release of any <br /> Hazardous Substance, an$(c) any coridition caivsed by the presenee, use or release of a Hazardous Substance <br /> which adversely affects the value of the Property. If Bonower leazns, or is notified by any governmental or <br /> renulatory authority, or any private party, that any rznioval or other remediation of any Hazazdous Substance <br /> affecting the Propexty is necessary, Borrower shall prompdy take all aeeess�ry remedial actions in <br /> accordance with Env3ronmenfal Law. Nothing herein s1�a11 create any obli,gation on Lender frn an <br /> Environmenfal Cleanup. <br /> Non-Uniform Covenants. Barrower and Lender covenant and agree as follows: <br /> 22. AcCeleration; Remedies. Lender shall give notice to Borrower prior to accelerxtion following <br /> Sorrower's breach of z��y covenant Or agreement in this Security Fnstrament(bnt not prior to <br /> accelerA&on under Sec3ion 18 unless Applica6le Law provides otherRise). The flotice shall specifq: (a) <br /> the default, (b)the action reqinired tn cure the defaulY; (e) a date, not less thnn 30 days from the date <br /> the notice is gi�en to Y3orrower, by wluch the default must be cured; and(d) that failure to cwrc the <br /> default on or before the date sp�ed in Yhe norice may result in acceleration of the sums secured by <br /> this Security lnstrument and sale of t]ie Property. The notice shall further inform$orrower of the <br /> right to reinstate after aa eleration and the right ta bring a court actiom to assert the non-esistence of a <br /> default or ans other defense of Borrower to acceleration and sale. If thc default is no4 ce�red on or <br /> before the date gpecified in tlae nofice, ,Lender at its opfnon may require immediate pagmenY in full of <br /> all sums seeurad by this Secrii•ity bnsh-tament wifhoutfurther dcmand and may invoke 4hc power of sale <br /> and any otlier remedies permitted by�Applic2b2e Law. Lender shal! be enfitled to callect all expeases <br /> incurred in putsuing the xemedies provided in this Seetion 23, including, bnt not linuted to, reasonable <br /> attorneys' fees xnd costs of title evidence. <br /> If fhe po�ver of s:�le is invoked, Trustee shall record a notice of default in each couuN in wluch anv <br /> part of the Yropez-ty is located and shall mail copies of snch notice in tlte lmanner prescribed by <br /> Applicabie Luw to Borrower and to the other persons prescribed by ApplicabLe Law. Aftea the time <br /> required bq Applicable Law, Trustee shall give public notice of sale to the persoms and fn.the manner <br /> prescribed b�ApPlicable Law. Trv,stee, without demand on Borrower, s[iall sell the Property at public <br /> auction to the highest bidder at the time and place and under the terms designated in the notice of sale <br /> iu onc or more parcels xnd�h xny order Trnsfee determines. TrusTee may posfpone sale of all or any <br /> parcel of the Properh-by puUlic announcement at the time and place of any previously scheduled sale. <br /> Lender or its designee may purchase the Proputy at any sale. <br /> Upon receipt of paymenY of the price bid, T7ustee 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 tiierein Trustee sh:ill apply the procee�is of the sale in the following order: (a)to <br /> � all costs and expenaes of esercisiug the power of sale, and the sale, including hhe paymenk uf the <br /> TrusYee's fees actually incurred and reasonable attorneys' fees as permitted b,y AppHcable Law; (b)to <br /> all smns secured by this Security Instruwent; and(c) any excess to the person or persons legally <br /> entitled to it, <br /> zaoanaz <br /> ��RASKA-Sir,31e Family-rxnrnle A1aelFretldie Mzc UNIFORh1 INSTRUbiE�T Form 3028 ti01 <br /> v�P� vanas(rv��i�os) <br /> N/oRers Kluw er Fnandal S=rvice5 Page�4 oF i] <br />
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