Laserfiche WebLink
201406331 <br /> sentences shall not apply to the presence, use, or storage on the Properiy of small quantities of Hazardous <br /> Substances that are generally rec:ognized to be appropriate to normal residenrial uses and to maintenance of <br /> the Properiy(including, but not limited to, hazardous substances in consumer products). <br /> Borrower sha11 promptly give Lender written notice of(a)any investigation, claim, demand, lawsuit or other <br /> action by any governmental or regulatory agency or private pariy involving the Properiy and any Hazardous <br /> Substance or Environmental Law of which Borrower has actual laiowledge, (b)any Environmental <br /> Condirion, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br /> Hazardous Substance, and(c)any condition caused by the presence, use or release of a Harardous Substax►ce <br /> which adversely affects the value of the Properiy. If Borrower learns, or is notified by any governmental or <br /> regulatory authority, or any private party, that any removal or other remediation of�y Hazazdous Substance <br /> affecting the Property is necessary, Borrower shall prompfly take all necessary remedial actions in <br /> accordance with Environmental Law. Nothing herein shall create any obligation on Lender for� <br /> Enviromnental Cleanup. <br /> Non-Uniform Covenarrts. Borrower and Lender covenant and agree as follows: <br /> 22. Acceleration; 1�emedies. Lender shall give notice to Borrower pr�or to acceleraHon following <br /> Borrower's breach of any covenant or agreement in tlus Security Instrument(but not prior to <br /> acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br /> the default;(b)the action required to cure the default;(c)a date, not less than 30 days from the date <br /> the notice is given to Borrower, by which the default must be cured;and(d)that failure to cure the <br /> default on or before the date sp�:ified in the notice may result in acceleration of the sums secured by <br /> tlus Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br /> right to reinstate after acceleration and the right to bring a court action to assert the non-e�stence of a <br /> default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br /> before the date specified in the notice, Lender at its option may require immediate payment in full of <br /> all sums secared by this Security Instrument without further demand and may invoke the power of sale <br /> and any other remedies permitted by Applicable Law. Lender shall be entiUed to collect all expenses <br /> incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable <br /> attorneys' fees and costs of tiUe 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 <br /> Applicable Law to Borrower and to the other persons prescribed by Applicable Law.After the time <br /> required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br /> prescribed by Applicable Law. Trustee,without demand on Borrower, shall sell the Property at public <br /> auct3on to the lughest bidder at the tlme and place and under the terms designated in the notice of sale <br /> in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any <br /> parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br /> Lender or its designee may purchase the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustce shall deliver to the purchaser Trustee's dced <br /> conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br /> the statements made therein. Trnstee shall apply the proceeds of the sale in the following order: (a)to <br /> all costs and eapenses of egercising the power of sale, and the sale, including the payment of the <br /> Trustee's fee.c actually incurred and ressonable attorneys' fees as permitted by Applicable Law;(b)to <br /> all sums secnred by this Security Inetrument; and(c)any excess to the person or persons legally <br /> entitled to i� <br /> 2300342829 D VBNE <br /> NEBRASKASinple Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fam 3028 1/01 <br /> VMP(� VMPB(NE)(13021 <br /> Wokxs Kluwer Finandd Services Page 7 4 of t 7 <br />