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201604694
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Last modified
7/24/2017 2:43:26 PM
Creation date
7/25/2016 9:03:09 AM
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DEEDS
Inst Number
201604694
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2� 1 ��4�94 <br /> to do, anything affecting the Proper�y �a} tha� is in �iolat�on af any Environmenta] LavW, �b} �hich creates an <br /> Environmental �ondition, ar �c} which, due to the presenGe, use, ar reiease of a Hazardous Suhstance, creates a <br /> cflndition that ad�ersely affects�he�a�ue of the Propert�. T`he preced�ng two sentences shall not apply to the presence, <br /> use, or storage on the Property af smai� quantities of Hazardaus Substances that are generally reco�mized to be <br /> appropriate to normal residential uses and t� maintenance of the Property�including, but not�imited to, hazardous <br /> subs�tances �n c�nsumer produc�s�. <br /> Barrower shall promptly gi�e Lender w.ritten no�ice of�a} any in�estiga��on, claim, demand, lawsui�or�ther <br /> actian by any governmenta�ar regula�ary agency or private party in�ol�ir�g the Property and any Hazardous Substance <br /> or Environmental Law of v►�hich Borrower has actuall�x�owledge, �b}�ny En�iranmental Condition, inc�uding but not <br /> limited ta, any spiliing, 1eal�ing, discharge, reiease ar threat vf release of any Hazardous Substance, and tc) any <br /> condition caused by�he pres�nGe, use or re�ease of a Hazardous 5ubstance which ad�ersely affects�he�alue of the <br /> Proper�y. If BorrovWer learns, or�s not�fi�d hy any ga�ernmental or regulatory authority, or any pri�a�e par�y, �ha� <br /> any remo�al or other remediation of any Hazardous Substance affect��g the Praperty is necessary, Barrawer shall <br /> promptly take a�1 n�cessary rem�d�at actions in accordance with En�ironmental Law. Nothing herein shall create any <br /> abliga�ion on Lender for an Env�r�nmental�leanup. <br /> N�N-UNIF�R,11�1 C�VENANTS. BarrovWer and Lender further cv�enant and agree as fo�laws: <br /> Z2. ACce�eratioa; Remedies. Lender shail gi�e natice to Borrawer prior �o accelerativn fol�owiag <br /> Borrower's breach of any covenaat ar agreement in this Security Instrument[�aut not prior to acc�leratian under <br /> ' Sectivn 18 unless Applicab�e Law pro�ides �therwise). The notice shail specify: (a}the default; (b}#he actian <br /> requxred to cure the default; (C�a date, nat Ze�s than 34 days fram the date#he noti�e i5 gi�en to Borrawer, by <br /> which the default must be cured; and (d}that failure to cure the default on or befare the date specified in the <br /> notice may result in accel�ration of the sums secured by this Security Instrument and sale of the Prvperty. Th� <br /> natice shal� further inforrn Barrower of the right to reinstatQ after ac�e�eration and the r�ght to briag a court <br /> actioa to assert the nan-existence of a default or any v�her defense af Borrower tv acceleratian aad sale. If the <br /> default is not cured oa vr before the date specif ed in the notice, Lender at its optioa may require immediate <br /> payment in fuli of all sums secured by th�s Security lnstrument withaut further demand and may in�ake the <br /> power of sale and any other remedies permitted by App�icable Law. Lender shal� be entitled to �al�ec� all <br /> expenses incurred in pursuing the remed�es pra�id�d�a this Section 22, inc�uding, but n�t limited ta, reasana�le <br /> att�rneys' fees aad �asts of title e�idence. <br /> If the pawer of�ale is�n�oked, Trustee shall record a notice�f default in each county in which any par# <br /> af the Property is located and shal� mail copies of such not�ce�n the manner prescribed by App�icable Law to <br /> Borrawer and to the other persans prescr�bed by App��cabl�Law. After the time required by Appli�ab�e Law, <br /> Trustee shall giWe public noti�e of sale#o th�persans and in the manner prescribed by Applica�le Law. Trustee, <br /> without demand on Borrower, shall �e�l �he Property at pubiic au�tian ta the high�sf bidder at the time and <br /> place and under the terms designated in the notice �f saie in one or more par�els and in any order Trustee <br /> determine5. Trustee may postp�ne sale of a�l�r any parce�of the Property by public aonouncement at the time <br /> and pla�e of any previously schedu�ed 5ale. Lender ar its de�ignee may purchase the Praperty at any sal�. <br /> Upan receipt af payment of the price bid, Trustee�hall deli�er to the purchaser Trustee's deed c�n�eying <br /> the Prvperty. The recitals in the Trustee's deed shall be prima facie e��deace af the truth of the statements made <br /> #her�in. Trustee shall apply the proceeds of the sale in the fol�owing order: �a} ta all costs and expenses af <br /> exercising the power af sa�e, and the sa�e, includiag the payment of the Trus�ee's fees actually incurred aad <br /> reasona�ale attvrneys' fees as permitted by Applicable Law; �b}tn a�l sums secured by this Security lnstrument; <br /> and �c}any excess tQ the person or persons legally entitl�d to it, <br /> �3. Recon�eyanc�. lJpon payment of a�l sums secured by�his Security�nstrumen�, Lender shall request Trustee <br /> to recon�ey the Propertiy and shall surrender this Se�urity Ins�rument and all notes e�Ydencing debt secured by �his <br /> Security I.nstrumen�to Trustee. Trustee sha11 rec�n�ey�he Property w��hout warranty to the person or persons legaliy <br /> entitled to it. Such person ar persons shall pay any recarda�ion costs. Lender may charge such person or persons a <br /> NEBRASKA FHA DEED 4F TRUST- MERS DocNlagic � <br /> N EDaTZ�.FHA �91�4115 Pag e 1'i of �3 www.docmagic.carr� <br /> . . <br /> � <br />
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