201403068 - Laserfiche WebLink

Browse

��14�3��5 sen�ences sha�.�not app�y to the presence, use, �r��orage on the Property af sma�x quant�t��s�f�azardflus �ubstances tha�are generall�recognized to be appropriate�o norma� res�den��al uses and to main��nanc�of the Property �ix�clud�ng, bu�not limit�d to, hazardous substanc�s �n c�nsum�r pr�duGts}. Borrower sha��promp��y g�ve Lender writ�en no�ic�of�a} any �nwes�iga��on, c�aim, demand, �a�vsuit�r o�h�r action by any gavern�mental or r�gu�atory agency or przva�e par�y znvo�ving the Proper��ar�d any �azard�us Subs�ance or En�ironm�n�ai Law of which Barrower has actua� knowiedge, ��} any Envir�nmental �ondi�ion, �ncluding but n��mi�ed t�, any spil�ing, Ieak�ng, d�schar�e, release or�hreat of re�eas�of any Hazar�ous Substanee, and�c} any can�.itian�aus�d by�he presence, use or release of a�azardaus Subs�ance �vhi�h ad�ersely affec�s the va�ue�f the Property. If Barrower�earns, ar�s not��ed by any governmen�a�or regulatory au�hori�y, ar a.ny pr�va��party, �hat any remova� or o�her remed�a��on�f any Hazardous Su�s�ance affect�n� �he Prnper�y is necessary, Borr�w�r shall prornptl�r�a.k�a�l necessary remedia.� actions xn accordar�ce w�th En��ranmenta� Law. Nothing herein shall create any�bl�ga�ion�n Lender for an Env�ror�menta� C�eanup. Non�Unifv�m Co�enants. Borr�wer and L�nder covenan�and agree as fal��ws: 2�. A�c�lerativn; Remedies. Lender shall give natice ta Bnrrower priar to acc�lera��n fo�lowing Borrower's breach of any covenant or agreement in�h��S�cur��y Ins�rum�n� �but not prior ta acce�erat��n under 5ect�on 1S un�ess Applicable Law pro��de�atherw�s�}, The notice shal�spec�fy: �a} the defaui#; 4b} the action required�a cure�he defau��; �c} a da�e, nat�es�than 3D days from�he da�Q the nat�ce is g��en�o Borrower, by wh�ch the defau�t must be cured; and �d) �hat fa��ure tio�ur�th� defau�t vn or before�he date spec�f�ed�n the notice may resu�t in accelera��an of�he surns secured by �h�s Security Ins�rument and sa�e of the Property. The not�ce shail fur�her infarm Borrower af the r�gh�t�reir�state af��r ac�e�era�ion and�he r�ght�a�ring a court action to asser�the non�e�is�ence nf a defau��or any ather defense oF Borr�wer�o acce�erat�on and sale. If the deFault is not cured on or before the da�e spec�fied�n�he no�ice, Lender a�i�s opt�on may r�qu�re immedia�e payment�n fu�� of all sums secured by this Secur�ty Ins�rument►withou� further demand and may�nvoke�he power of sa�e and any o�her remedies permi��ed by App��cab��Law. Lender shali be en�it�ed ta co��ect a��expenses incurr�d�n pursu�ng�he remedies pra��ded in�h�s Sec�ion 2�, including, but not limited to, r�asonable attorneys' fees and cos�s of title evidence. If th�pawer of sale�s�nvoked, Trus�e�sha��recard a nat�ce of defau��n each county�n wh�ch any �art of�he Proper�y is�oca�ed and sha��naa��co��es of su�h no�ice in the nr�anner prescr��ed by App��cab�e Law ta Borrov�er and to the o�her pers�n�pr�scribed by Appiicab�e Law. Af�er the time required by Applica�a�e Law, Z`rus�ee shall gi�e pub��c not�ce�f sa�e ta�he p�rsons and in the manner prescribed by Applica�a�e Law. 'Trus�ee, without den�and on Borrawer, shal�5e1�the Prop�rty a�pub��c auc�ion ta the h�ghes�bidder�t the t�me and p�ace and under�he�erms des�gnatet��n the no��ce of sa�e in one or more parCels and in any order Trus�ee determines. T`rus�ee may post�one�a�e of a��or any par�e�of the Proper�y by pu��announcemen�a��he time and p�ace of any previously Sch�duled sa�e. Lender or i�s designee may purchase the Proper�y at any sale. Upon re��pt�f paynlent of the price bid, Trus�ee sha�� del�v�r�a�he purchaser Trus�ee's deed conveying th�Property. The recita�s in the Trus�e�'s de�d sha��e pr�ma facie e�id�nc�of�h�truth of the statementis made there�n. Trustee sha�l apply the proceeds of the�a�e�n the fo��owing order: �a� �o all costs and expenses of exercising the pawer of sa�e, and th�sa�e, �nc�ud�ng the payment�f the T`rus�ee's f�es ac�ua��y�ncurred and reasonab�e att�rney5' f�es a5 p�rm��ted�ay Appli�ab�e Law; �b} �a a�l sums secured by�h�s Securi�y Ins�rument; and �c� any excess�a the p�rsan or p�r5an5�ega��y entitled ta�t. N�SRASKA-SingEe�amily-�annie MaelFreddie M�c UNlF�RM INSTRUM�NT Forrn 3D2$110� VMP� VMPfi{N�)�73�2y Wvl#ecs Kluwer Financial Ser�ices Page 14 of 17