201208791 - Laserfiche WebLink

Browse

201208791 senYences shall not apply to the presence, use, or stiorage on the Property of small quantities of IIaztudous Substunccs that arc gonornlly rccognizod to bc appropriate to nom�al residential uyes and to mainEenance of the Property(including, but not limited to, haz�rdous eubstances in consumer products). Borrower shAll promptly give Lender written notioe of(e) anp investigalion, clain�, demand, lawsidt or ulher action by aziy governmental or regulatoiy agency or private�arCy involving the Property euid any IIazerdous SuUstance or Enviromneirtal LAw of which Borrower.has actuallrnowledge, (U) any Environmental Condition, including btirt not lin�ited'to, airy epi1ling, loaking discharge, release or t�hreat of re1ease of any Ele�zurd�us Substanco, and(c) any condition caused by Che pre.senoe, use or�relezse of a Hazardous Sabatanpe whicl� adversely affects the value of[he Propexty. If Borrowe� lea��ns, or is notified by any governmental or regulatory nuthoriry, or atiy privako party, that any removal or other remediation of'any Hazacdous SubsCance afPccting thc 1'roperty is necessary, Borrower shall pron�ptly tal�e�all neoeasary reinedial actions in accordnnce with Environmental Law. Nothing herein shall create a�ry obligation on Lendar for an Euviromnental Cleaaiup. Non-UnlfoYm Covenants. Borrower and Lender covenanl and agree as follows: 22. AcceleYa4iOn; RQ�Y10dIB8. Lender sltnll givc notice tu Borrower prior tti acccicrntion f'olltiwin�; Borrowcr's brcach of nny covenant m• a�reemenk in 1'�}iis Security hislrument(buC not prior to ncecleration�uider Sechun 18 unle55 Applicable I,aw provides ofLerwise). Tlie nolice shall specify: (a) the def'ault; (b) flie actim�required Co m�re tlie defanlC; (e) a date, noC less Hinn 30 days from tlre date Clie notice is given ro Borrower, Uy wtulcli Clie defaidC mt�st bo cm•ed; and (d) that fnilare to caro tl�e defanit ou or Uoforo Yl�c dntc apecified in the�iotice mxy resulE in aecelerf�tion of the sums secured by Ehis Secnrity Instt•imient and sale�of the l'roperCy. Tlie noGce sltnll farther inform IIortrower of the iighC t�o reinsCnCe nfter flccelerntiuu and tl�c rig1�C to bring n com�C nction to asscrt tlie non-existeu�e of a dofn�ilt or any oCl�cr dcfcnse of Borrower to .�ccelerxtion and sale. If the defnidC ie noC cnred mi or beYore Yhe dxte specified in tlie nnlice, Lender aC iEs optlon mfly require immediate paymenE 9n fnll of nll snms secared by this Sec�u•➢ty Inetrmnent withant farPher demnnd and may involce the power of sy�le and any other remodioa permitted b9 Applieable Law. Lender g�xll be ent�ikled ko collect xll expenses incnrred in ptu�suing tlie remedies provided in Cliis SecNon 22, inclnding, bat noC limiCed t'n, reflsonable aktorne,ys' fees nnd costs ol'tiEle evldence. ]f fhe power oF sale i�involzecl, Trnstee slwll recm�d a noticc of defaalt iu onch cmmr9 in which any pttrtof tli�Ptroperty ie locatcd and shnll mail copies of sach notice in tl�e mauner prescribed by AppliCf�bie Law to Rurrower tmd to the other peram�e pregcribecl by Applicable Law. After[he time reqnired by Applicable Lnw, Ta�nsCee shflll give pirUlic noCica of sale to tlic persous and iu YLc manncr prescribetl Uy Applicable Law. Trnstec, witl�ont dem�nct on Rorrnwer, sh:dl sell tlie Yraperty nt pnblic nnctimi Co the highest bidder xt the time and place and.nncler tlie Ceivie desi�,maCed in CLe notice o1'sale h one m�more pnrcels and in any orcler Trastee cletermines. Trnstee may postpmie sale of all or any pareel of Che ProperLy Uy pnU19c annonucemonC at Yl�o timc nnd placc of auy previoasl,y�eliod�dcd snle. Lender or ite des9gnee may pnrcliasc tl�c Pa�operty �t avy sxle. Upmi receitrt of plyment of ths price bid, Trnatco stwll dcliver to tlic purchascr Trusfee's deed cot�veyiug the ProporEy. Thc recits�ls in khe Trastee's deed shall be�rimA fxcie evidence of the trath pf tlie statements macle kherein. 'l'ivsCee shall �pply the proceeds of tlie sale in ffie following order: (a) to �11 wsls and ex}�e�tses of exercisiug tlte powcr of salo, and tlie snlc, iuclnding tlic pn,yment of tl�e Trttstee's fees acttutlly incm•red:��xd resiSonaUle xttorney8' fees as pei�nitted by Applicable Law; (b) Co :�11 s�uns aecnred Uy th3a Secintily Insh�iwieut; axid(c) any excess to tl�e person or persons legally enHtled to it --- ---�— znaozasz NEBft4SKA-61nfl�e f-2m ily-Fsnnie W aelFreddlc M ao URIFDRM MSTRUM CNT form 3020 1(01 VM P(� VM P6�NE1(1106) Wnllacs Kluwer Flnanr.LlSe:rWr.es Page f4 of 1'!