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201208580
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201208580
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Last modified
7/20/2017 9:56:39 AM
Creation date
10/15/2012 12:08:18 PM
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DEEDS
Inst Number
201208580
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201208580 <br /> sentences shall not apply{o the presence, use, or stoiage on the Property of smal] quantities of Hazardous <br /> Substances fiiaY aze a=enerally tecognized to be appropriate to nonnal residential uses an3 tn mainte.�iance of <br /> the�roperiy(including, 6ut not liinited to, hazardous substaaces in consumer products). <br /> Borrower shall proinptly give Lender written nnrice af(a)any investigarion, claim deinand, latvsuit or other <br /> action by any govern�nental or regulatory agency or private pazty involvina the Property and any Hazardous <br /> Substance or Pnvironwental Law o'£which Borrower l�as actual lmowledge, (b) aisy Enviromnental <br /> Condition, including but not limited tq any spilling, leaking, discharge, release or threat of releasc of any <br /> Hazazdous Substance, and(c) any condilion caused by the presence, use or release of a Hazardous Substance <br /> which adversely affecfs the value of the 2roperty. If Borrower leaFns, or is notified by any govecnmental or <br /> regulatory au[hority, or any private party, that any removal or other remediatton of any Hazazdous Substance <br /> affectinn the Property is necessary, Borrower shall proinptly take all neeessary remedial actions in <br /> accordance with Environmental Law. Npthing herein shall create any obligation on Lender for an <br /> Environmenfal Cleapup. <br /> Non-Uniform Covenants. Rorrowex and Lender covenant and agree as follows: <br /> 22. Acceleration; Remedies. Lender shall give�otice to Borrower prior to acceleraflon fotlo�s�ing <br /> S�rrower's breach of any covenant or agreement in tlus Security Insirumemt(but not prior co <br /> acceleration under Secflon 18 unSess Applicable Law provides otherwise). The nofice sh,111 specify. (a) <br /> the defanit; (b)the acti�n reqnired ko cnre the default; (c) a date, not less than 30 days from the date <br /> the notice is given to Borrower, bv wluch thc default must be cured; flnd(d)that failure to cure the <br /> defanit on or before tke date speci&ed in the notiee maq resnit in acceleration of the sums secured by <br /> tlus Security Instrument and sale of thc Property. The norice shall further inform Sorrower of the <br /> right to reinstate afke�aeeeleralion and the right to Uring a court xction to assert the non-e�stence of a <br /> default or any ottier defense of Borro�ver to acee�eration nnd sale. If the default is not cured on or <br /> before the date specified in the notice, Lendcr at its opfion may require�immediate pxyment in fuIl of <br /> all sums secured bq fhis Security Instrument withont further demand and may invoke The po�wer of sale <br /> and any other remedies permitted by Applicable Law. Lender shall be en6tled to collect all e�enses <br /> incurred in pursuing thc remedies provided in this SecEion 32,including, but not limited to, rexsonable <br /> xttorneys' fees And costs of titl�evideuce: - <br /> If the power of sale is invoked,. Trustee shall rewrd a notice of default in each county iu whieh any <br /> pazt of the Property is loeated and shall mail copies Of sueh notice in the manner prescribed by <br /> Applicable Law to SorrowCr and to the other parsons preseribed by Applicable Law. After the time <br /> required by ApplBcable Law, Trustee ahall give public notice o£sale to Yhe persons and in the mariner <br /> piescribed by Applicable Law. Trustee, withoat demand on Borrower, shall sell the Property at pnhlic <br /> ancfion to 4he hi�hest bidder at the time and place and under the termS designated in the notice of sale <br /> 'in one or more parcels and in any order TrasEee determines. T7ustee may postpone sale of all or any <br /> parcel of the Yroperty bq pubtic aanouneement at the time and place of any previously schedu[erl sale. <br /> Lender or its designee ma��piu-chase Yhe Propert3�at any sale. <br /> Upon reeeipt of payment of#he price bid, Trnstee sLall deliver to the purchaser Trustee's deed <br /> conveying the Propert5: The reciYals in the Trustee's decd ahall be primx faGic evidence of the truth of <br /> the statements made therein. Trustce shall apply the proceeds af thc sale in the foIlmvina�order: (a) to <br /> all costs and expenses of exercising the power of sale, and the sale, includilag the payment of the <br /> Trustce's fees 2ctnally incurred and reasonable attorneys' fees as permitted by App]icable Law; (b) to <br /> all sums secnred by this Secnrity Instrument; and(c) auy excess to the person or persons legally <br /> enfifled Yo it. <br /> 24002435 <br /> NEBRASKA-Single Famiiy-Fznnle M11aeiFredtlie M ac ONIFORNI INSTRU�+i ENT Fo�m 3028 V01 <br /> VMP Ci` VM P6(NE)(1105) <br /> W oRers Kluw e�Finsncial Servlc� Page 14 at�7 <br />
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