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201303961
<br /> Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br /> Substances,or threaten to release any Hazardous Substances,on or in the Property. Borrower shall not do,nor allow
<br /> anyone else to do, anything affecting the Property (a)that is in violation of any Environmental Law, (b)which
<br /> creates an Environmental Condition, or (c)which, due to the presence, use, or release of a Hazardous Substance,
<br /> creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to
<br /> the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally
<br /> recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not
<br /> limited to,hazardous substances in consumer products).
<br /> Borrower shall promptly give Lender written notice of(a) any investigation, claim, demand, lawsuit or
<br /> other action by any governmental or regulatory agency or private party involving the Property and any Hazardous
<br /> Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition,
<br /> including but not limited to,any spilling,leaking,discharge.release or threat of release of any Hazardous Substance,
<br /> and(c)any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the
<br /> value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private
<br /> party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary,
<br /> Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein
<br /> shall create any obligation on Lender for an Environmental Cleanup.
<br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br /> 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br /> Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration
<br /> under Section IS unless Applicable Law provides otherwise). The notice shall specify: (a)the default; (b)the
<br /> action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to
<br /> Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date
<br /> specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of
<br /> the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the
<br /> right to bring a court action to assert the non-existence of a default or any other defense of Borrower to
<br /> acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its
<br /> option may require immediate payment in full of all sums secured by this Security Instrument without
<br /> further demand and may invoke the power of sale and any other remedies permitted by Applicable Law.
<br /> Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22,
<br /> including,but not limited to,reasonable attorneys'fees and costs of title evidence.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any
<br /> part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable
<br /> Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by
<br /> Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by
<br /> Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the
<br /> highest bidder at the time and place and under the terms designated in the notice of sale in one or more
<br /> parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property
<br /> by public announcement at the time and place of any previously scheduled sale. Lender or its designee may
<br /> purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed
<br /> conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the
<br /> statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs
<br /> and expenses of exercising the power of sale,and the sale,including the payment of the Trustee's fees actually
<br /> incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this
<br /> Security Instrument; and(c)any excess to the person or persons legally entitled to it.
<br /> 23. Reconveyance. Upon payment of all sums secured by this Security Instrument,Lender shall request
<br /> Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured
<br /> Nebraska Deed of Trust Single Family—Fannie Mae/Freddie Mac Uniform Instrument Form 3028 1/01
<br /> MERS Modified
<br /> 1 he Compliance Source,Inc. Page 12 of 14 Modified by Compliance Source 1430INE 08/00 Rey.04/08
<br /> www.compliancesource.com ©2000,The Compliance Source.Inc.
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