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201207192
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8/29/2012 9:07:48 AM
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8/29/2012 9:07:47 AM
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DEEDS
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201207192
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2012071g� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazazdous <br />Substances that aze generally recognized to be appropriate to normal residential uses and to maintenance of <br />the Progerty (including, but not limited to, hazardous substances in consumer products). <br />Bonower shall promptly give Lender written norice of (a) any investigation, claim, demand, lawsuit or other <br />acrion by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental L.aw of which Borrower has actual knowledge, (b) any Environmental <br />Condirion, including but not limited to, any spilling, leaking, dischazge, release or threat of release of any <br />Hazardous Substance, and (c) any condirion caused by the presence, use or release of a Hazardous Substance <br />wluch adversely affects the value of the Properiy. If Bonower learns, or is notified by any governmental or <br />regutatory authority, or any private party, that any removal or other remediarion of any Hazardous Substance <br />affecting the Properiy is necessary, Borrower shall prompfly take all n�essary remedial actions in <br />acxordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup. ' <br />Nan-t)r�iform Govenants. Borrower aud Lender covenant and agree as follows: <br />22. Acceleration: Rerr�e�lies. Lender shall give uatice to �orrower grior to acceleration folMwing <br />�argower's breach 0f any cov�eant or agreement in th�s 5ecurity I�strument �but not prior to <br />�eleration �nder Sectiam 18 u�ess Aggtie�ble Law provides ot�se).1'�e atotice s�ali sPecify: (a) <br />fbe defaul� (6) the aetion r�ui�red to ¢ure t�e defauit; (c) a date, mot Tes.s tl�n 30 days fram the d�te <br />ti�e notice is g�ven to �rrower, by wlvch the defauEt m�ast be cvred; and (d) �t failure to cure the <br />defsau3t on ar be�ore �ie c�te s�ified ��e n�tice �� res�t im aceeleratinm of tRe su� s�ured by <br />4:t� ��rity �tret�t a� sale a►f t�6e Pra�peaty. T�e r�liee s�atl f�rther inform Barroveer af the <br />rig6t �o c�te a£� �er�on a�a t�e si�t to br�g a eawt �tion to �sc t�e non-existence ot a <br />d�a�tt or any ot6er de€�e t►f �rrower to accderatian and sale. �f ti6e defa�lt �ss ffiot e�red on or <br />beFore the cT�te s�cifieti in t6e �tic� Le�der at its ogtzon may seqeiire immediate �rayment in full of <br />�D s�ms s�aed by �s Sec�trity I�r�ffie�t ��t f�rt�r de�and and may invoke the power oi saie <br />and any other reinedies permitted by Agplicab�e Law. Lender shall be entiti�l to collect aIl expeffies <br />incurred in pursuing thE remeaies gsovid� in �his Seetion 22, incl�ciing, but �t }imited to, reas�naWe <br />attomeys' fces and costs of title evidence. <br />If the power of s�ale ic invaked, T�stee s�il re�.wrd a notice of defauit in each county in w�ieh a�y <br />gaet of the Properiy is I�ated and s1�i1 m� cogies of such notice in the manner prescribed by <br />ApP�isaWe I.aw �o Borrower aad to t�e ather persoa,s grescribed by Applicable I.aw. After the time <br />r�uired 6y Agglic�ble Law, Tnistee shall give gublie matice of sale to the persons and in the manner <br />prescribed by Appbca6le Lr�w. Trustee, without demand on Borrower, shall sell t6e Property at public <br />�uction to the Wghest bidder at the time and place and under the terms designated in t6e notice of sale <br />in one or more parcels and in an� order Trust� determines. Tn�stee may postpone sale of all or any <br />parcel of the Property by gublic announcement at the time and place of any previovsly schaluled sale. <br />Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustce shall deliver to the purchaser Trust�'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. 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 />Trust�'s f�s actually incurred and reasonable attorneys' fces as permitted by Applicable Law; (b) to <br />all sums s�ured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (1105) <br />Wolters Kluwer Flnancial Servlc� Page 14 of 17 <br />
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