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201208227
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Last modified
7/20/2017 9:54:33 AM
Creation date
10/3/2012 12:10:51 PM
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DEEDS
Inst Number
201208227
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201208227 <br /> sentences shal] not apply to the preseuce, use, or storage on Che Property of small quantitiies of Hazurdous <br /> Substances that are generally recognized to be appropriate to normnl Tesidantial uses and Yo inaintananee of <br /> the Property(including, buC noT limitecl to, haz�rdous substancas in consumor products). <br /> Aorrower shall promptly give Lender written notiee of(a) any investigatiou, claim, deiroand, Iawsuit or otlier <br /> action by any govcrmroentaL or regulaYory agency or private pazty invQlving tho Peoperty Rnd any Hazardous <br /> Substanee or�nvironmental Law of which Borrower has actual knowledge, (b) any Environmantal <br /> CondiYion, including but not limited to, atry spilling, leaking, disohnrge, relense or tlueat of release oP any <br /> Hazardous Substance, a�id (c) any condiCion caused by the presence, use or release of a Hazardous Substance <br /> which adversely affects the value of the Property. If Borrowar learns, or is notified by any governmental or <br /> regulatory authority, or any private party, that any removal or othex remediation of any Hazfudous Substancc <br /> affecting the Property is uecesse�y, Borrower shall promptly t�ke all necessary reinedial actions in <br /> accordance with Environmental Law. Nothing hexein sl�all create any oUligation on Lender for an <br /> Bnvironmental Cleanup. <br /> Non-Uniform Covenants. Borrower and Lender covenant and agree as E'ollows: <br /> 22. Acceleration; Remedies. Lender shall give noticc to Borrower prior to acceleration following <br /> Borrower's breach of any covenant or ugreement in this Security Ipstrumenf(but not prior ta <br /> acceleration under Section 18 unless Applicable Law provides otherwise). The notice sliull specify. (a) <br /> Che default; (b) the uction required to cura the defaolt; (c) a daCq not less than 30 days from the datc <br /> tlie notice is given to Rorrower, b,y which the default mnsf be cured; and (d) that failure to cure tlm <br /> default on or before She date specificd in the notice enuy result in acceleration of the sums secured by <br /> this Security Instrument and s�le of tlie Property, The notice shall furthcr inform Borrower of the <br /> right Co rcinstate ufter accelerntion aud the right to h��ng a court acYion ta assert the iaon-e�stence of a <br /> dePnult or any other defeuse ot'Borrower to aeeelorution und sule. If the default is nof cured on ar <br /> before the date specified in the notice, Lender at its optiun may require immediata payment in full of <br /> all sums secured by this Security Instrument without fw•ther demand and may invoke the power oP s�le <br /> and any othcr remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses <br /> incurred in parsui��g the remedies pmvided in this Scctian 22, including, but noE limited to, reasonable <br /> attorneys' fees and coats o9'title evidencc. <br /> IY the power of sal¢is invokcd, Trustee shall record a notice of default in caeh county in which any <br /> part of the Property ts locxted and shull mail copies of sucN notiec in the mumier prescribed by <br /> Applicnble Law to Borrower and to the oiher persons prescribed by Applicable Law. AfCer Che time <br /> required by Applicable 4aw, 'Crustce sliall give public notice of sule fo the persons and in the mAmier <br /> prescribed by Applicable Law. Trustee, without demand on Borrower, shall setl the Property ut public <br /> auction Co the highest bidder nt the time and place ancl imder the terms desigunted in tk�e notice of sale <br /> in one or more purcels and in any order Tr�stcc determines. Trustee mxy postpone sale of all or�ny <br /> parcel of the Property by �ublic announccment ut the time and place oY any previously scheduled sule. <br /> Leudee•m• iYs designee may purchase tlie Property at any sale. <br /> Upon recei�pt of payment of thc prisc bid, Trustee shall deliver to the purchascr Trustee's deed <br /> conveying thc Property. The recituls in tlie Trustae's Ueed shall be prima facie evidence of t6e truth of <br /> khc stataments mude therein. Trustae ahall opply thc proceccls of the sale in the following order: (u) to <br /> all costs nnd expeuses of exercfsing the power of sale, nnd the sule, ii�ctuding the paymont o£tl�e <br /> Trustee's 1'ees actually fncurrcd and reasonable s�fto�•neys' t'ees as permittcd by Applicuble Lnw; (b) to <br /> al[ soms securcd by tLis Secarity Instrmnent; and (c) any excess to thc person or persons legally <br /> cntiticd to it. <br /> znaoz3se <br /> NEBRASKA-Singlo Femily�Fannie Maelbheddle Mac 11NIFORM INSTRUMENT Form 3020 1I07 <br /> VMP(� VMP6(NEl(91051 <br /> Wollers Kluwer Flnancial Sarvicea� Page 14 ot 7 q <br />
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