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201504052
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Last modified
7/21/2017 2:44:20 AM
Creation date
6/17/2015 11:28:37 AM
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DEEDS
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201504052
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��15�4�5� <br /> Borrav�er sha��promp�Iy g�ve Lender wr�t�en nat�ce of�a}any in�estiga��an,c�a�m,demand,lawsurt or oth.er ac�ion <br /> by any go�ernmenta� or regu�a�ory agency �r pri�ate party ir�valvi.ng�he Property and an�Hazardous Subs�ance or <br /> Env�.ronmental Law of�hich Borrovver has ac�ual knawledge, �b} any Enviranmen�a� �onditian, including but n�� <br /> �imited to,any spilling,�eak�n.g,discharge,releas�or�hr�a�af re�ease of any Hazardous Su�stance,and��}any condit�on <br /> caused by�he pres�nce,use or r�lease of a Hazard�us Subs�ance wh�ch adversely affec�s�he va�u.e�f�he Praper�y. If <br /> Barrower learns, or is no�ified hy any g��ernmen�a�or regu�a�ory au�hority,or any pri�ate party,�ha�any remo�a��r <br /> o�her remediat�o�. of any Ha�ard�us Substance affecting the Praper�y �s necessary,Borr�wer shall prorn.pt�y ta�ce a�l <br /> n�cessary remedia�ac�i�ns in accar�ance Wi�h En��ronmental Lav�.Nothing herein shall ereat�any obligat�on on Lender <br /> for an Envir�n�ental�leanup. � <br /> N�NwUN�F�RM C�VENANTS.Borr�wer and Lender further cowenan�and agree as foll�ws: <br /> 22.Acc�lerat�ons Remedies.Lender shali gi�e noticQ t�Borrower prior to acceleratiQn follflwing Borr�wer's � <br /> breach af any covenant�r agreement xn this Security In�trument�but not pr�or ta a�celerativn under Sect�on l8 <br /> unles�Applicab��Law pra�ides otherwise�.The not�ce shall spec�fy:�a}the defauit;�b3 the act�on r�quired t8 cure <br /> the default; [c�a date,not Ie�s than 3U days from the dat�the notice�s g�ven.to Barrower,by wh��h the defau�t ' <br /> rnust be�ured;�nd�d�that failure tv cure the default on or b�fore the date spe��f��d in the n�tice may resu�t in <br /> a�celeration of the sums�e�ured by thi5 SeGurfty Instrument and�ale of the Property.The notice sha�l further <br /> �nform �3orrower of the right to reinstate after acce�eration and the right to bring a c�urt action t� assert the <br /> non-existence of a defau�t or any other def�n�e vf Borr�wer tv a��e�eration and�ale.If the default�s not cured on <br /> or befare the da�e sp�cif�ed�n the notice,L�nd�r at it�option may require immed�ate payment in ful�vf alI sums <br /> secured by this Secur�ty Instrument w�thout further demand and may in�oke the power of 5aie and any other <br /> remedies peru�itted by App�icable Law.Lender shal�be entit�ed to coll��t aI�expenses incurred in pursuing the <br /> remedies provid�d in this Sectian 2Z,inc�uding,but nat Iimited t�, reasona�Ie a��orneys'fee5 and costs of t�tI� <br /> e�idence, <br /> If the pow�r of sa�e is invoked,TruStee shall re�ord a not�ce of default fn ea�h�aunty in which any part of the <br /> Prop�rty�s xocated and�hall mail copies of such na�ice in th�rnanner pres�r�bed by App�icable Law to Borrovver ' <br /> and to�he other persons prescr�bed by Applicab�e Lav�.After the time required 1oy Appi��able Law,Trustee shall <br /> give pub�ic nvt��e of sale ta the persons and �n the manner pre�cri�ed by App�icabl� Law. Trustee, without <br /> demand an �orra�ver,�ha�l se��the Pr�perty at public au�t�on to th�h�ghest bidder at the time and p�ace and <br /> under th�ternn.s designated in the notrce of sale in �ne or mor� parcel� and in any ord�r'I�-uste� determines. <br /> Trustee may postpane sale of all�r any parcel of the Praperty by pub�ic announcement at the t�me and p�a�e af <br /> any prev�ousl�schedu�ed sale.Lender or its des�gn�e may purchase the Proper�y at any sale. <br /> Upfln receipt of payment of the price b�d,Trustee sha��de��ver to th�purchaser Trustee's deed c�n�ey�ng the <br /> Pr�perty. The r�cita�s in th�TruStee's deed shall be prxma fac�e eviden�e of the truth of the statements made <br /> ther�in. Trus�ee shall apply the pro�eeds of the sa�� in the following order: (a� to all costs and e�penses �f <br /> ex�rcising �he p�wer of sale, and �he sale, �ncluding the payment of the Trustee's fees actually incurred and <br /> reasonable at�orneys'fe�s as permitted�y App��cable Law;�b)to all�ums�ecured by thi��ecurity Instrument; <br /> and�c}any ex�ess to the person or persons lega�ly entitl�d tfl it. <br /> 23.Recanveyance,Upon payment of a��sums secured by th�s Securi�y Instrumen�,Lender sha1�request Truste�to <br /> re-canvey th�Praperty and sha�l surrender this Se�uri�y Instrument and aIl notes e�idencing debt secured by th�s Secur�ty ' <br /> Instrumen��o Trust�e.Trus�ee shal�reconvey the Praper�y vwxthou�warran�y to the p�rsfln or persans lega��y en�itled�a it. <br /> Such person or p�rs�ns shall pay any re�ordation c�s�s.Lender may charge such person�r persflns a fee for recanveyua.g <br /> �he Property,but only xf�he f�e is paid��a�hird part�y�such as�he Trustee�for ser`r�ces rend�red and the charg�ng of�he <br /> fee zs perm�t�ed under Applicable La�v. <br /> 24.Subs��tute Trustee.Lender,a��ts op��on,ma�from�ime�o t�m�r�mo�e Trust�e and appoin�a successor trustee <br /> �o any Trustee appoin�ed hereunder by an ins�rumen� r�carded in th� county in which this Secur�ty Instrum�nt �s <br /> i <br /> NEBRASFCA-S�ngle Family-Fannie 111�aelFr�dd�e IVlac UNIF�RM INSTRUMENT with NiERS Far � D28 '1147 <br /> Page 12 of 13 <br /> �os,Enc. Borr�wer�s}Initia{s � � <br /> ! <br />
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