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201207510
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201207510
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Last modified
7/20/2017 9:49:48 AM
Creation date
9/10/2012 12:39:27 PM
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DEEDS
Inst Number
201207510
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201207510 <br /> sentences shall not apply to the przsence, use, or storage on the Properry of small quantities of Hazazdous <br /> SuUstances that ue generally recognizad Yo be appropriate to normal xesidential uses and to maiutenance of <br /> the Property(including, but not limited to, ha7vrdaas substances in consumcr products). <br /> Bonower shall pxomptly�ve Lender��ritten notice af(a)any investigatipn, claim dem�d, lawsuit oi other <br /> action hy any goveauuental or regulatory agency or private pariy involving the Pmpedy and any Hazazdous <br /> Substance or Environmental Law of which Borrower has actual knowledge, (b)any Environmental <br /> Condition, inclucling but not limited to, any spilling, lealdng, discharge, release or threat of relzase of any <br /> Hazardous Substance, and(c) any cenidition caused by the presence, use or release of a Hazazdous Substance <br /> which adversely affects the value of the Property. If Bonower learns, or is notified by any gove�.vmenCal or <br /> regulatory anthority, or any private pariy, that anp removal or oUier remediation of any Hazazdous Substance <br /> affecung the Properhr is necessary, Bonower shall promptly t��ke all necessary remedial actions in <br /> accordancz n�th Environmental Law. Nothin�herein shall create any obligation on Lender for an <br /> Enviroameutal Cleanup. <br /> Non-Uniform Covenants. BoiTower and Lender covenant and agrez as follows: <br /> 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to accelerafion following <br /> Sorrower's Dreach of any covenant or agreement in this Securify Instrument(k�ut not prior to <br /> acceleration under Section 18 unless Applicable Law provides otherwfse). The notice shall specify: (al <br /> the defanit; (1.�)the aetion reqiiired fo cure tlie default; (c) a date, not less than 3b days frOm the date <br /> the notiee is gven to Borrower, by which fhe defanit must be cured; and(d) that failure to eute the <br /> default on or before the date specified in the notice may result iu acceleration of the snms secured by <br /> tlus Security Insh�nment and sale of the Property. The notice shall further inform Borrower of the <br /> right to reinsta.te after acceleradon stnd the right to bring a court action to assert the non-existence of a <br /> default or any other deFense of Borrower to ucceleration and sale. [f the default is not cured on or <br /> before the date specified ih the notice, Lender at its option may reqvire immedaate payment in full of <br /> all sums secured bp tlus SecYuity Instnunent�inthout further demand and mxy invoke the power of sale <br /> and any other remedies permitted by Appiicable Law. Lender shall be entiUed to colleet all expenses <br /> incimred in pnrsaing the remedies provided in tltis Section 22, including, but not limited to, Y¢asonable <br /> attorueys' fees and costs of title evidence. <br /> If the power of sale is invoked, Trustee shall record a notice of default in each county iu«°luch any <br /> gart of fhe Propertp is located and shall mail copies of snch no&ce in tlie manner prescribed by <br /> Applicable I.aw to Borrower and to the other persons prescribed by Applicahle Izaw. After the time <br /> required by Applicable Law, Trustee shall give pubtic notice of sale tp the persoms and in tl�e manner <br /> prescribed b�Applicable Law. 'IYuetee, with4uk demand on Borrower, s}�all sell the Praperty at public <br /> auction to the lughest bidder at the lime xnd place and under the terms designated in the notice oF sale <br /> in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all o�any <br /> pazcel of the Property by public announcemeut at the tinte and place of any previously schcduled sale. <br /> Lender or its designce may purchase tLe Property ai any sale. <br /> Upon receipt of�aaymenE of fhe price bid, Tnistee sl�ll deliver to the pnrchaser Trustee's deed <br /> conve}�ing the Property. The recitals in the Trustee's deed shall be primx facie evidence of the truth of <br /> the statements mxde therein. Trustee sl�all apply the proceeds of the sale in the following order: (a) to <br /> all costs and e�enses of esercising the power of sale, and tlie sale, including Ehe payment of the <br /> Tnsstee's fees actually incurred and reasonaule attorneys' fees as permitted by ApplicaUle Law; (bj to <br /> all snms sceured�by tltis Security instrument; and(c) any�cess to the person or persons legally <br /> entitled to it <br /> 24002088 <br /> NEBRASKA-$ingleFamily-F�nnitPAaelFretltlleMacUNIFORIvi WSTRUMENT Fann30281/01 <br /> V M11?� V M11 P6(NE)(1105) <br /> W olters Kluuv er Fnzncial 5=rvices Paee 16 ot 1] <br />
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