Laserfiche WebLink
20i20���� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that aze 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 />Bonower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Bonower has actual knowledge, (b) any Environmental <br />Condition, inc�uding 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 leams, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Ha�ardous Substance <br />affecting the Property is necessary, Bonower shall promptly take all necessary remedial actions in <br />�cordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup. <br />Non-Unitorm Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleratian; Remedies. Lender shajl give notice to Borrower preor to acceleration following <br />Barsower's breach oF any covenant or agreement in this Security Instniment (I�ut nat prior to <br />acceleration under 5ection 18 �nZess Applicable Law provides ot�erwise). T6e ao�ce shall specify: (a) <br />the deF�ul� (b) the action requir�i to cure the default; (c) a date, not less than 30 days frefm the date <br />the nf►tice is given to Borrovrer, by wWch the default must be cured; and (d) that f�ilure to cure t6e <br />def�t on or before the date specitied in the notice may �t in acceleratios of the suffis see�red by <br />tfiis See�rity I�trument and sate of �e Property. The �tice s�ll fe�rther infar� Horrower of the <br />rigbt to reiffitate after acceleration and the rig6t to bring a canrt action to assert t�e nen-e�stence of a <br />detatitt or any offier defeffie af Horrower to acceleration and sa1e. jf the defatrit i.s �t c�sed on or <br />E�efare Y�e �ate specified in the �tice, Lender at its option m�y seqnire immediate pey�ent in fizil of <br />all sums� s�re�l by ffiis �rity Ie�vment without furtieer demand and may inv�e the power of sale <br />and any ot�er remedies ger�it�ed bY APPlicable Law. Lend�r shall be entitled to co�lect ail expeiases <br />incurred in gursuiag t�e remeaies provided in this Section 22, inciuding, but not lemited to, reasonable <br />attsrrteys' fces and easts of titte evidence. <br />If the powe� of sale is invo�ed, Tr�stee shall recard a notice of defauit in each co�ty in �hich any <br />gart of the Property � tocated and shail mail copies of such nt►tiee in the manner grescribed by <br />Applirable I.�w to Borrower aad to the other persons pmscrci�ed 6y Applicable Lave. After the time <br />r�uired by Apglicable I.aw, Tn�tee shall give gublic noNce of sale to the persons and in the manner <br />prescribed by Applirable Law. Trustee, without demand on Borrower, shall sell t6e Property at public <br />aection to the higLest bidder at tUe time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Tn�stee may postpone sale of all or any <br />pareel of the Property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may purchase the Property at any sale. <br />Upon r�eipt 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 dced shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the praceeds 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 attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />IdEBRASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP 0 VMP6INE) (1105) <br />Wolters Kluwer Financtal Servfces Page 14 of 17 <br />