201210093
<br />Lender does not waive Lender's right to later consider the event a default if it continues or
<br />happens again.
<br />15. COLLECTION EXPENSES AND ATTORNEYS' FEES. On or after the occurrence of an Event
<br />of Default, to the extent permitted by law, Grantor agrees to pay all expenses of collection,
<br />enforcement or protection of Lender's rights and remedies under this Security Instrument or any
<br />other document relating to the Secured Debts. Grantor agrees to pay expenses for Lender to
<br />inspect and preserve the Property and for any recordation costs of releasing the Property from
<br />this Security Instrument. Expenses include, but are not limited to, attorneys' fees, court costs
<br />and other legal expenses. These expenses are due and payable immediately. If not paid
<br />immediately, these expenses will bear interest from the date of payment until paid in full at the
<br />highest interest rate in effect as provided for in the terms of the Secured Debts. In addition, to
<br />the extent permitted by the United States Bankruptcy Code, Grantor agrees to pay the
<br />reasonable attorneys' fees incurred by Lender to protect Lender's rights and interests in
<br />connection with any bankruptcy proceedings initiated by or against Grantor.
<br />16. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1)
<br />Environmental Law means, without limitation, the Comprehensive Environmental Response,
<br />Compensation and Liability Act (CERCLA, 42 U.S.C. 9601 et seq.), all other federal, state and
<br />local laws, regulations, ordinances, court orders, attorney general opinions or interpretive letters
<br />concerning the public health, safety, welfare, environment or a hazardous substance; and (2)
<br />Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or
<br />contaminant which has characteristics which render the substance dangerous or potentially
<br />dangerous to the public health, safety, welfare or environment. The term includes, without
<br />limitation, any substances defined as "hazardous material," "toxic substance," "hazardous
<br />waste," "hazardous substance," or "regulated substance" under any Environmental Law.
<br />Grantor represent ran gre s
<br />z
<br />A. Except as,revlo I x� c e a. ackno =d® Iwn •�o der, no Hazardous
<br />Substance is will , *e fs�c d, tot d o e ee o . IrR fi � o ty. This restriction
<br />does not apply % ti'ra uantities ub` to yes t at a recognized to
<br />be appropriate for the normal use and maintenance of the Property.
<br />B. Except as previously disclosed and acknowledged in writing to Lender, Grantor and every
<br />tenant have been, are, and will remain in full compliance with any applicable Environmental
<br />Law.
<br />C. Grantor will immediately notify Lender if a release or threatened release of a Hazardous
<br />Substance occurs on, under or about the Property or there is a violation of any
<br />Environmental Law concerning the Property. In such an event, Grantor will take all
<br />necessary remedial action in accordance with any Environmental Law.
<br />D. Grantor will immediately notify Lender in writing as soon as Grantor has reason to believe
<br />there is any pending or threatened investigation, claim, or proceeding relating to the release
<br />or threatened release of any Hazardous Substance or the violation of any Environmental
<br />Law.
<br />17. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened
<br />action by private or public entities to purchase or take any or all of the Property through
<br />condemnation, eminent domain, or any other means. Grantor authorizes Lender to intervene in
<br />Grantor's name in any of the above described actions or claims. Grantor assigns to Lender the
<br />proceeds of any award or claim for damages connected with a condemnation or other taking of
<br />all or any part of the Property. Such proceeds will be considered payments and will be applied
<br />KELLY T. D
<br />ka Deed Of Trust \4w
<br />NebC�� 1
<br />raka Deed Of Initials
<br />NE/ 4XXDIANNK00000000000648058103112N Wolters Kluwer Financial Services c1996, 2012 Bankers Page 6
<br />SystemsTM
<br />
|