201401985 - Laserfiche WebLink

Browse

��14�1955 sentences sha.I�no�apply to the presenc.�, use, nr storage on�he Property af sma.Il quantities�f Hazardous Substances tha�are generally recognized.to be appropriate�o normal residential uses and to ma�ntenan��af the Praperty �in�luding, but not lirn�ted.to, haza�rd�us substances in consumer produc�s}. Borrower shali promptly g��e Lender wri�en notice of(a} any in�est�gation, claim, demand, lawsui�or otxier ac�ian by any go��rnmental ar regulatory agency or pri�ate parCy�n�o��ing the Property and any Haz�rdaus Substance or Environmen�a� Law af which Barrow�r ha.s actual knowledge, (b} any �n�ironm�ntal �andixian, �nclud�ng but not�im�ted to, any spilling, Ieaking, d�scha.rge, rel�a.se or threat of release of any Hazardous Substance, and�c}any condxtion caused by the pres�nce, use or release of a Hazardous Substance which ad�ersely affec�s the�alue of�he Properry. If Borrower Ieasns, or rs n��ified by any governmental. or regula�ory authority, vr any private pa.rty, th.at any rema�a�.or o�her remediatYnn of any Hazardaus Substan�e affecting the Property�s necessary, Borrov�rer shall promp��y take a11 necessary remed�al, a�tions in accordance vvith En��ronmenta�. Law. Nothing herexn sha11 create any obliga��on on I,�nder far an En�rironmen�al Cleanup. Non-Uniform Covenants. Borrower and Lender ca�enant and agree as fo�lovvs: 22. Acceieration; Remedies. Lender shaY�g��e natxce tn Borrower prior to accelerativn following Borrower's breach of any covenant or agr�ment in this Securxty Instrument(but not prior ta acce�erat�ion under Secti�on l8 un�ess App��cabYe Law provides vtherwise}. The notice shaYY sgecify: �a} the defau�t; (b} the act�ion required to cure the defauit; �c} a date, not Yess than 30 days from the date the not�ce is g��en to Barrower, by which the deFault must b��ured; and�d}that failure to cure the default an or before th�date specxfied in the notice may result in a�ce�eration of the sum.s s�ured by this Security Iustrument and sale aF the Pro�ert�. The notice shal�further inform Bvrrower of the right fa reinstate after acceieration and the right to br�ng a court action to�sert the non-existence of a default�r any other defense of Borrower to acceYeration an.d sale.If the defau�t is not cured on or before the date�gec�f�ed in the not�ce, Lender at�ts optxon may require immediate payment in fulY of ai�swms secured by this Security Instrument w�ithnut further demand and may in�oke the power af sale and any other remedi�permitted by.A�pp�icab�e Law. Lend�r shall be eniitled tv ca��ect all expenses incurred in pursuing the remedies pruvide,rl in th�s Sectian 22, �nc�uding, �ut not lim�t�ta, reasonable attorneys' fees and casts of title evidence. If the�wer of sa�e i��n�oked, Trustee shall r�card a not�ce of d�fault in e�ch cvunty in which any part of the Pro�r�y is lor�ted and shal�mail copie�of such nvtice in,the manner prescr�b�d by Applicable Law to B�rrvwer and to the other persvns prescraibed by Appl�cable Law. Aft�r th�time required by Applicable Law, Tru�stee shall gi�e public notice oF sale to the persons and in the manner pr�Cribed by Applicab�e Law. Trust�, without demand an Borrawer, shall sell the Property at public auct�on to the highest bidder at the txme and pYace and und�r the terms des�gnated in the notic�af sale in vne or more parce�s and in any arder Trust�e deternunes.Trustee may pastg�ne�a�e of all ar any parcel of the Pro�erty by pubxic announcement at the time and place of any previously schedul�d sale, Lender or�ts designee may purchase the Property at any sale. Upan receipt oF payment of the price bfd, Trustee sha�I deli�er to the purchaser Trustee's d�eed conv��ng the PrQperty. The re,citais in the Trust�e's d�ed shall be prxma facie ev�idence of the truth af the�tatements made therein. Trustee shall app�y the proce�ds of the sal�in the follo�ing ord�r: �a}to al�cvsts and ex�ns�s oF exercising the power of sale, and the s�le, includ.�ng th�payment of the Trust�'s fees actually Yncurrecl and reasonable attorneys' fees as perrnitted by Applicab�e Law; tb}to all sums secured by thi�Secur�ty Instrument; and�c} any excess to fhe person or persons legally entit�ed to�t. NEBRASKA-5mg[e Family-�anrne MaelFr�ddie Mac UNIFDRM INSTRUM�NT �arm 3D28 11D1 VMP� VMP6�N�){1342).�� Vllolters Kluwer Fi�ancial Services Page 14 of 17