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201406483
<br /> Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or
<br /> otherwise trigger an Environmental Cleanup.
<br /> Borrower shall not cause or permit the presence,use, disposal, storage, or release of any Hazardous Substances,
<br /> or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do,nor allow anyone else
<br /> to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an
<br /> Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a
<br /> condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the
<br /> presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized
<br /> to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to,
<br /> hazardous substances in consumer products).
<br /> Borrower shall promptly give Lender written notice of(a)any investigation, claim, demand, lawsuit or other
<br /> action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance
<br /> ar Environmental Law of which Borrower has actual knowledge, (b)any Environmental Condition, including but not
<br /> limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and(c) any
<br /> condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the
<br /> Property. If Bonower learns, or is notified by any governmental or regulatory authority, or any private party, that
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Bonower shall
<br /> promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any
<br /> 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 under
<br /> Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a)the default; (b)the action
<br /> required to cure the default; (c)a date, not less than 30 days from the date the notice is given to Borrower, by
<br /> which the default must be cured; and(d)that failure to cure the default on or before the date specified in the
<br /> notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The
<br /> notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court
<br /> action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the
<br /> default is not cured on or before the date specified in the notice, Lender at its option may require immediate
<br /> payment in full of all sums secured by this Security Instrument without further demand and may invoke the
<br /> power of sale and any other remedies permitted by Applicable Law. Lendee shall be entitled to collect all
<br /> expenses incurred in pursuing the remedies provided in this Section 22,including, but not limited to, reasonable
<br /> attorneys' fees and costs of title evidence.
<br /> If the power of sale is invoked, Teustee shall record a notice of default in each county in which any part
<br /> of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to
<br /> Borrower and to the other persous prescribed by Applicable Law. After the time required by Applicable Law,
<br /> Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee,
<br /> without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and
<br /> place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee
<br /> determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time
<br /> and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br /> the Property. The eecitals in the Trustee's deed shall be prima facie evidence of the truth of the statements
<br /> made therein. Trustee shall apply the proceeds of the sale in the following order: (a)to all costs and expenses
<br /> of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and
<br /> reasonable attorneys' fees as permitted by Applicable Law; (b)to all sums secured by this Security Instrument;
<br /> and(c)any excess to the person or persons legally entitled to it.
<br /> NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS paGyBg(c�
<br /> Form 3028 1/01 Page 12 of 15 www.docmagic.com
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