201605441
<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 m 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 EnvironmeMal 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 sertences shall not apply to the
<br /> presence, use, or storage on tlie Property of small quanrities of Hazardous Substances that are generally rewgnized
<br /> to be appropriate to normal residen6al uses and to maintenance of the Property (including, but not limited to,
<br /> hazardous substances in consumer products).
<br /> Borrower shall prompUy 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 Ha7ardous Substance
<br /> or Environmental Law of which Bonower 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 Hazazdous Substance which adversely affects the value of the
<br /> Property. If Borrower leams, or is notified by any governmental ar regulatory authority, or any private party, tAat
<br /> any removal or other remediation of any Hazazdous Substance afFecting the Property is necessary, Borrower shall
<br /> promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any
<br /> obligation on Lender for an Env'vonmertal Cleanup.
<br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenurt and agree as Follows:
<br /> 22. Accelerafion; Remedies. Lender shall give no6ce to Borrower prior to acceleration following
<br /> Borrower's breach of any covenant or agreement in this Securily Instrument(but not priar to acceleratian under
<br /> Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a)the default; (6)the aMion
<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 detault on or before the date specified in the
<br /> noNce may result in acceleratian ot the sums secured by this Security Instrument and sale of the Property. The
<br /> notice shall further inform Borrower af the right to reinstate aflter acceleration and the right to bring a cour[
<br /> ac[ion to asseM the non-existence of a default or any other defense ot Borrawer to accelerafion and sale. If the
<br /> default is not cured on or before the date specified in the notice, Lender at iLs option may requ've immediate
<br /> payment in full of all sums secured by this Security Instrument without fuMher demand and may invoke the
<br /> power of sale and any other remedies permitted 6y Applicable Law. Lender shall be entkled to collect all
<br /> expenses incurred in pursuing the remedies provided in this Section 22,iucluding,but not limited to,reasonable
<br /> attorneys' fees and costs ot title evidence.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in eac6 counTy in which any paH
<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 persons 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 Borrowey shall sell the Praper[y at pubtic auction to the highest bidder at the time and
<br /> place and under t6e terms designated in the notice of sale in one or more parcels and in any order Trustee
<br /> determines. Trustee may postpone sale af all or any parcel of the Property by public annouucement at the time
<br /> and place of any previousty scheduled sale. Lender or its designee may purchase the Property at any sale.
<br /> Upon receipt of paymeut of the price bid, Trustee shaR deliver to the purchaser Trustee's deed conveying
<br /> the Property. The recitals 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 a¢d expenses
<br /> af exercising the power of sale, and the sale, including the payment of the Trustee's tees actually incuned and
<br /> reasonable attorneys' fees as permitted by AppGcable Law;(b)to all sums secured by this Security Instrument;
<br /> and(c)auy eacess to the person or persons legally endtled to it.
<br /> NESRASKA—Single Family—Fannie MaelFreddie Mac UNIFORM INSTRUMFNT- MERS ��pp�
<br /> Fartn 3028 1l07 Pape 12 of 15 ww�agic.mm
<br />
|