201209434
<br /> EnvironmcnWl Law; end (d) ttn "Environmental Condilion" mcans a condition lhnt can causc, contribule lo, or
<br /> otherwise trigger an Environme�tal Cleanup.
<br /> Borrower shall not cause or permit the prescncc,usc,disposal, slorage, or releasc of any Hazardous Substanccs,
<br /> or[hreaten lo release any Hazardous Substxnccs, on or in the Property. 13ortower shall not do,nor allow anyonc clse
<br /> to do, any[hing affecting thc Property (a) that is in violation of any Environmental Law, (b) which cmates an
<br /> Environmcntal Condilion, or (c) which, due to lhe presence, use, or release of tt Hazardous Substttnce, creales a
<br /> condition that adversely affecls lhc value of the Property. Thc prcccding hvo senlences shall nol apply to lhe
<br /> presence, use, or slorage on the Property of small quantilics of Hxzardous Substances thal are generally recognized
<br /> [o be appropriate to normal residcntixl uscs and to mainlenance of tt�c Property (including, but not limi[ed lo,
<br /> hazardous subs[xnces in consumer products).
<br /> Borrower shall promptly give Lender writtcn notice of(a)any investigaGon, claim, dcmand, lawsuit or othcr
<br /> action by eny govcrnmcnlnl ur re},vla[ory agency orprivale party involving the Property and any Huttrdous Substance
<br /> or Environmental Law of which Horrower has acwal knowlcdge, (b)any Environmenlal Condilion, induding but not
<br /> limiled lo, any spilling, leaking, dischargc, rcicasc or thrca[of releue of any Huazdous Substxnce, xnd (c) xny
<br /> condition caused by the presence, use or release of a Huerdous Substanee which adversely affats the valuc of'thc
<br /> Property. If 13orrower learns, or is noliGed by any governmental or regulatory aulhorily, or any privale pxrly, lhxf
<br /> any removal or olher remediation of any Huardous Substance affccting the Propc:rly is necessary, Borrower shall
<br /> promptly lake all necessary remedial actions in accordanccwilh Environmcntal Law. Nolhing hcrein shall create any
<br /> obligation on Lender for an Environmental Clcanup.
<br /> NON-UNIFORM COVENANTS.Borrow�,v and Lender Curthcr covcnent and agree as follows:
<br /> 22. Accelerafion; Remedies. Lender shall give notice to Borrower prior to acceleratian (ollowing
<br /> Borrower's 6reach of any coveoant or agreement in this Security Instrument(but not prior to acceleration under
<br /> Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a)the default; (b)the action
<br /> required to cure the defauly (c)a date, nat less than 30 days from the date the notice is given to Borrowey by
<br /> which the default must be cured; and(d)that failure to cure the default on or 6efore[he date specified in the
<br /> aotice may result in acceleration of the sums secured by this Security Instrument and sale af the Property. The
<br /> notice shall further ipform Barrower of the right to reinsta[e atter acceleration and the right to bring a court
<br /> action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the
<br /> default is not wred on or before the date speciGed in the notice, Lender at its option may require immediate
<br /> paymen[ in full of all sums secured by[his Security I�strument wi[haut further demaud and may invoke the
<br /> power of sale and any otNer remedies permitted by Applicable Law. Lender shall be entiUed to rnllec[ all
<br /> expenses incurred in pursuing the remedies provided ip[his Secfion 22, includiog, but not limi[ed to, reasonable
<br /> attorneys' fees and costs of tide evidence.
<br /> If the power ot sale is invoked, Truscee shall record a nofice of default in each county in which any part
<br /> of the Property is located and shall mail ropies oF such notice in the manner prescribed by Applicable Law to
<br /> Borrower and to the other persons prescribed by Applicable Law. After the time required by Applica6le Law,
<br /> Trustee shall give public mtice of sale to the persons and in the manner prescribed by Applicable Law. Trustee,
<br /> without demand on Borrower, shall sell [he Property at public auMion to the highes[bidder at the time and
<br /> place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee
<br /> determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time
<br /> and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale.
<br /> Upon receipt of paymen[of the price bid, Trustee shall deliver tu[he purcNaser Trus[ee's deed conveying
<br /> the Property. The recitals in the Trustee's deed shall be prima facie evidenee of the truth of the statemenls
<br /> made therein. Trustee shall apply the proceeds of the sale in tNe following order: (a)to all costs and expenses
<br /> of exereising the power of sale, end the sale, including the payment of[he Trustee's fees actually incurred and
<br /> reasonable attomeys' fees as permitted by Applicable Law; (b)to all sums secured by this Security[nstrumeot;
<br /> and(c)any excess to the person or persons legally entided to it.
<br /> NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT- MERS DocMeglc�rQaTaras�
<br /> Fortn 3028 1l01 Page 12 of 15 www.docmagic.com
<br /> w�
<br /> .'
<br /> BANK 014025159
<br /> . FMO�1207�25453
<br />
|