201501040 - Laserfiche WebLink

Browse

��15�1�4� s�n�enc�s sha�� nat apply to the presence, use, or s�nrag�an�he Praper�y nf small quan��ties af Hazard�us Substance��hat are gen�ra��y rec��nized�o be appropriate to narrnal r�s�den�ial uses and�o maintenance of the Proper�y �including, but n�t�im.ited to, hazardous substances �n Cansumer prnducts}. Barrawer sha�� promp��y��e Lender wr�tten notice of�a} any invest�ga�ion, Claim, d�mand, lawsu�t or other act�on by any g��rnm�ntal or regu�atflry agency or pr��ate par�y invalvin�the Proper�y and any �azardous Substance or En�ironmental Lavv af which Barrower has a��ua� knowledge, �b} any Environmental Gon�ition, in�luding but not�imited �a, any spi�l��g, �eakin�, discharg�, r��ase�r�hre�t of re�ease of any Hazardous �ubs�ance, and��} any c�ndi�i�n�aused by the presence, us��r rel�ase of a Hazardous Substance v�h�ch ad�erse�y affect�th��a�ue of the Property. If Borro�v�r learn�, or�s notif�ed by any gov�rnmen�al or regu�atory authari�y, or any private party, that ax�.y r�maval �r oth�r remed�at��n of any �azard�us Substance affecting the Praperty is neces�ary, Barrower sha�l prompt�y tak�a��necessar�remed�a� act�ans �n accordance with Environmen�a� Law. Nathing herein sha�� create any obl�ga�ion�n Lender for an Environmenta� C�eanup. N�n-Uniform Go�enants. Borrower and Lender co�enant and a�re�as f��a�vs: Z�. Acce[eratian: Remedies. Lender shal�gi�e not�ce to Borrower pr�ar to acce�era��on fal�ow�ng Borrower's breach af any�nvenant or agreement�n�h�s Secur�ty Instrurn�ent ��u�not pr�or ta acc��era��an und�r�ec��on 18 unless Applicab�e LaYv prv�ides otherwise}. The no�ice shail specify; �a} the defau�t; �b} the act�on r�qu�red�o�ure the defau��; �c} a date, not��ss�han 3q days from the da�e the notice is given ta Borrow�r, by which�he defau��mus�be cur�d; and �d} �ha�fa��ur�tv cur��he default an ar befare the date�pecified in�he notice may resu��n aCce�erat�on vf�he sums secured by �his Se�uri�y Instrumen�and sale of�he Property. Th�no��c�sha�l fur�her infor�n Borrov�er af�h� right to reins�ate af�er acceleration and the right to bring a caur�action to assert�he non�existence of a defau�t or any other defense aF Borrvwer ta accelera�i�n and sa�e. If the defau�t is not cured an or hefore the da�e spe��f�ed�n the no�xce, Lender at�t�optian may require imrnedi�te payment in ful�of a��suxns secured by�h�s Secur��y Instrum.ent w�thou�further demand and may�nvoke the p�►�ver af sale and any other remedies permitted by App��cab��Law. Lender shali be�n��ed to co��ec�ali expenses �ncurred in pursuing�he remedies prvvided in�h�s Section�2, �nc�ud�n�, but not��m�ted�o, reasonab�e attorn�ys' fe�s and cos��oF tit�e e�iden��. If the power of sa�e is�nvvked, Trustee sha�l record a natice af default in each�vunty in which any par�of�he Praperty�s�ocated and�ha�i ma��copies of such no�ice in�he manner prescribed by Applicab�e Law�o Borrawer and to the�ther persons�res�ribed by App�icab�e Law, Af�er�he��me required by Applicab�e Law, Trustee sha�l g�ve publ�c notice of�a�e�o�he p�rsons and xn the manner prescri�ed by App�icab�e Law. Trustee, withou� demand on Bvrrower, �ha��se��the Prvperty a� pub�ic aucx�on t�the h�ghe5�b�dd�r a��he t�me and p�ace and under the terms d�signated in the no�i��of sa�e in one or nzore parce��and�n any order Trus��e d��rmines. Trustee may p�stpone sa�e of all or any parcel of the Property by pub��c announc�men� a��he�ime and p�a�e af any prev�ous�y s�hedu�ed sa�e. Lender ar its designee may purchase�he Property at any�a�e. Upon re��ipt of payment�f�h�price bid, Trustee sha�� de��er�o the purchaser Trus�ee's deed conveyxng the Froperty. The reci�als in�h�Trustee�s deed sha�i�e prima facie e�idence of�h��ruth of #he s�a�exnents xnade there�n. Trustee shal�app�y the proceeds of�he sale in�h�fol�owing order: �a} to a�l cvsts and��penses nf exer��5�ng the paw�r of sa�e, and�he sale, in�lud�ng the payam�n�of�he Trus�ee's fees ac�uaiiy incurred and rea�onab�e at�orneys' fe�s as pernr��t�ed by App��cab�e Law; �b} �o al�sums secured by this Security In��rument; and ��} any excess to�h�person or persans�ega�ly entitled to i�. NEBRASKA-Sir�gl��amily-�anni�Ma�1Fre�fclie Mac UN1��RM INSTRUM�NT ��rm 3a2$�I�7 VMP a VMPfi�NE1{�3�Z� Wvlters Kluw�r�in�n�i�l 5er�ic�s Pa�e 14❑f�7