Laserfiche WebLink
�01�0�93� <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, hazazdous substances in consumer products). <br />Borrower 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 parly involving the Properly and any Hazazdous <br />Substance or Environm.ental Law of which Borrower has actual l�owledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of aay <br />Hazardous Substance, and (c) airy condition caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the value of the ProperLy. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligataon on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenents. Borrower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (bnt not prior to <br />acceleration under Secdon 18 unl� Applicable Law provid� otherwise). The notice shall specify: (a) <br />the defanit; (b) the action reqnired to cnre the default; (c) a date, not less than 30 days from the date <br />the notice is given to Bortower, by wluch the default must be cnred; and (d) that failnre to cure the <br />default on or before the date spec�ed in the notice tnay result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reingtate after acceleration and the right to bring a conrE acEion to a�sert the non-existence of a <br />default or any other defense of Borrower to acceleration and sale. If the default is not cnred on or <br />before the date specified in the notice, Lender at its option may re�nire unmediate payment in full of <br />alt sams secnred by this Security Instrument withont fnrther demand and may invoke the power of sale <br />and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses <br />incurred in pursuing the remedi� provided in this Section 22, including, but not limited to, ressonable <br />attorneys' fe� and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each connty in wlrich any <br />part of the Property is located and shall mail copies of snch notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons pr�cribed by Applicable Law. After t6e time <br />required by Applicable Law, Trustee shall gioe pnblic notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trnstee, without demand on Borrower, shall sell the Progerty at public <br />auction to the highest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in aay order Trustee determines. Trvstee may postpone sale of all or any <br />parcel of the Progerly by public announcement at the time and place of any previouslq scheduled eale. <br />Lender or its designee may pnrchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Progerty. The re�itals 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 egercising the power of sale, and the sale, including the payment of the <br />Trustee's fe� actnally incurred and reasonable attorneys' fe� as permitted by Applicable Law; (b) to <br />all swms secured by this Security Instrament; and (c) any escess to the person or persans legally <br />entitled to it. <br />NEBRASKA�Sinple Famlly-Fannla Mae/Freddie Mac UNIFORM INSTRUMENT Form 3026 1/01 <br />VMP � VMP8�NE) (11061.00 <br />Wolters Kluwer Flnancial Servic� Pege 74 of 17 <br />