201206693 - Laserfiche WebLink

Browse

20120669� sentences shall not apply� to the presence, use, or storage on the Property of small quantities of Hazardous Substances that aze generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). Bonower shall promptly give Lender written norice of (a) any investigation, claim, demand, lawsuit or other action by any govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual l�owledge, (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 caused by the presence, use or release of a Hazardous Substance wluch adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affe,cting the Property is necessary, Bonower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: 21. Ace�er�etron; Remedies. I.ender sh�ll give notice to Borrower grior to acceleration following �orrower's breach of any covenant ar agreement in this 5ecurity Instrument (but not prior to aceeleration �der Seetion l,8 �nless Applicable Law provides otherwise). The notice shall specify: (a) tZ�e defauit; (b) the action required to cure the default; (c) a date, not less than 30 days from the date t�e natice ffi given to �orrower, by which the default must be eured; and (d) that failure to cure the default on or beYore the date sp�ifiecl in the notice may resuit in acceterdtion of the sums s�ur� by � Sec�rity �Ent an� s�e af the Property. 7 be uotice sh�l further inform Barrower of the rigtrt to aei�ate aS�er acceieration and �he aEght to bring a court �ction to a�sert the non-e�stence of a default or r�ny other cl�ef� of �3or►^�w� to �cceleration and sa�e. If the default is �t cured on or befare the d�te spec�� on t6e �otice, Lender at its option �aay re.�uire immediate payment in fuU of all suffis s�red By tTws �ty t vrithout f�rt6er demand and may iHVOke t�e power of s�le and any o�er remedies permitted by Appiirable I.a�. Lender s�l be entitl� to colle,rt atl exPen.ses incurrc�d i� yu� �i tbe remedies pro�ided in tieis Section 22, i�it�ding, but not limited to, reasonab� attorneys' fe�s �ad c�sts of title evidence. If the po�er e►f sale is invoked, Tn�t� sh�t �ecord a natice of defaWt in each county in whic6 any � of tt� Pcoperty is tocated and s�l ma�7 copies of s�h natice in tbe manner prescribed by Agg�icable Law to Borroveer and to t�e ether persons grescribed By Applicable Law. After the time re,quireci by App�icabte Law, 1�ustee shall give gublic notice of saie to the persons and in the manner prescribed by Applicable Law. Trust�, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designat� in the notice of sale in one or more parcels and in any order 1�Stee determines.lYustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously schedul� sale. Lender or its design� may purchase the Property at any sale. Upon rec:eipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dced conveying the Property. The recitals in the Trustee's dced shall be prima facie evidence of the truth of the statements made therein. Trust� shall apply the proceeds 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' f�s as permitted by Applicable Law; (b) to all sums secured by this S�urity Instrument; and (c) any excess to the person or persons legally entitled to it. NEBRASKA-Single Fam(ly-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT VMP p Wolters Kluwer Ftnanctal Services Form 3028 1101 VMPB(NE) (1705) Page 14 of 17 X . a , q �