Laserfiche WebLink
2� 1 ��7�41 <br /> L�AN#:'�'11'�U88�T$ <br /> Neither Borrower nar Lender may c�mrn�nce,jo�n,or he jained tv any judic�al actian�as either�n <br /> ind��idual litigant ar the memher�f a c�ass�that aris�s f�am the other pa�ky's act�ons pu�-su�n��o thi� <br /> 5ecurity 1ns�rum��t ar that alleges th�t ti��ath�r par�y has breached any pra�isivn ofi,❑r any du�}�awed <br /> by reason o�,�h��S�curi�y�ns�rurnen�,unt�l suGh gorro��r a��.�nder has na�ified�h�oth�r�a�y�wi�h <br /> such notic�gi�en in cvmpliance wifih the requiremen�s af Sec�ian�5}�f�uch al�eged breach and a�orded <br /> the ath�r parfy here�a a reasvnable period a�t�r the gEvir�g of such na�ic�ta#ak�c�rrec�iv�action. If <br /> I�pplicabl�Law pravides a�i�-ne period which must elap��before certain action can he taken,that�im� <br /> period will��deerned to�e reasonable far purposes of�his paragra�h.The natice af accel�ratian�nd <br /> oRportunity�o cure gi�en���orrower p�rsuan�ta Se�ti�n��and the n�tice af acce�eration gi��n tv <br /> k�orr�wer pu�rsuar�t�o Section'�8 shall be deemed ta sa�is�y the notice and opportunity tv tak�correct��e <br /> actian pro�r�sions o�this��ction�D. <br /> 2"I, Hazardvus Substances.As used �n this Section�'I: �a}"�la�ardous Suhstances"ar��hose <br /> su�s�ances def ned as�axic ar h�zardous subS�ances, pvl�ufian�s, ar vvaste� by Envirvnrner���l Law <br /> and�he faflar�rving�ubstances:gasoline, kera�ene,o�h�r flammab�e or taxic�e�raleum pradu�ts,to�cic <br /> p�st�cides�nd herb�cide�,voia�ilesol�ents,m�terial�c�n�a�ning asbesto��rforr�aldeh�de,and rad�oac�ive <br /> ma#erials;�b};`En�iranmental Law"m�ans federal lav�us and la►nrs of the�urisdi��ian wh��e the Property <br /> is loc��ed�hat��lafe�a hea�th,safet�r or environmen�al prof��tivn;�c�"Environmen�a[Cf�anup"�ncludes <br /> any response ac�ion,remedial actian,�r rerno�a�ac�i�n,�s define�in EnWironmen�al Lairv;anc��d}an <br /> f`Env�ranmen�al �onditi�n" means a candition that�an c�use, con�ribu�e ta, or�the�-wise trig�e�-an <br /> Envir�nm�ntal�le�nup. <br /> B�rro�►+�er shal�n�t cause o�p�rmit the�resenc�,u��,dis�osai,storage,or release o�any H�zardou� <br /> Subs�anc�s,or threaten to reiease any Hazardou�Substar�c�s,an or in the Property. Borrovver shall <br /> na� d�, nnr a�lc�vv anyvne else tv do, anyYhing affec�ing the Property �a� �ha� is in �rioia�ion of any <br /> Enviranmentai La�,{b}which crea�es an Environrrnental�ondi�ion,ar�e}which,due ta the pr�sence, <br /> use,or r��ea�e o�a Hazardaus�ubstanc�,creat�s a condi�inn tha�ad�er�ely affect�the value of�h� <br /> �'roperty.The preceding�va�ent�nce�shall nat apply to�he presenc�:,use,or starage nn�he Prope�y <br /> o�small qua�tit�es of Hazardau��ubstances�h�t a�r�generaliy recognized to��apprapriate�a nvrmal <br /> r�side�tial uses and to maint�nanc�a#'the P�-�per#y�including,bu�na�limi�ed�o,hazardous substanc�s <br /> in con�umer praducfs�. <br /> Rarro►nrer shall prornp�ly give L�nder wri��en notice of�a3 any inves�igatiQn,claim,demand,lawsui� <br /> vr o�her actian by any garr�rnmen#al or regul�fory agency ar private party invvl�ing the Pra�e��r and <br /> any Hazardous Substance ar Enviranmen�al Law of�uhfch Bor��v�r�r has�ctua� know�edge, ��}any <br /> EnW�ronmenta�Gondition,including but na�[imi�ed t�,ar�y spi��ing,�eak�ng,discha�ge,release or threat <br /> of rel�ase af any Hazardous Su�stan�e,and�c�any�ondi�ion caused by the presenc�,u�e or release <br /> of�Hazardaus Sub�tance which ad�ersely af�ects the value v�the Propert�. I€Borrower learns,or is <br /> n��i�ed by any gavernmental or regula�ory auth�rity, or any p�-ivate par�y, that any remo�al or�#her <br /> remed�ation of an�Hazardous Su�stance affecting th�@roper�y is necessary,Borrower sha�i prampt�� <br /> take all necessar�remedial ac�ians in accordanc�with En�ironmental Law.Nv�hing herein shall crea�e <br /> any o��iga�ian an Lender f�r an Envir�r�mental GleanuR. <br /> a <br /> N�N-UNlF�JR11�G�V�NANT�.BarroWrer and Lender fu�ther covenan�and agree as��11a�nrs. <br /> 22. Acce�erat�on; Rem�di�s. Lender shal� gi►re notice #Q Barro►�er p�rior to ac�eler�tion <br /> fallowing Borrov�rer's hreach fl�'any cvWenant or agreement in this Security lnstrum�nt�but n�t <br /> priar to accel�r�tion und�r Sec��an 't 8 un�ess Applicabl�Law p�rQ�ides o�herw�se�.The notice <br /> shall speci�'y:�a}the de�ault;�b�#he actian r�quired to cure�he default;�c}a d�te,nat I�ss than <br /> 3� d�ys �rom �he da�e the noti�e is giuen to Barrvvu�r, b�uvhich �he default must be cured; <br /> and�d}tha'�faiiure�o cure fihe de�aul�on or b�fore�he date spe��fec!in the notice ma�r resu[t <br /> i�acc�l�ratian o�the sums secured by this Securi��In�trumen�and sale of th�Praperty.The <br /> not�ce shall furthe�in�orm �vrrvr�er��th�ri�ht�o reinstat���'��r acceleratian and�h����ht�o <br /> br�in�a c�urt action ta ass��#the nvn�exi�tenc�of a d�faul�or any ather defense r��Bor�-n�ver <br /> ��ac�e�erat�on and sale.if th�de�aul�is no��ured t�n ar befare�he date spec��ed in the notic�, <br /> Lender at its c�ptian may require imm�diate payment in full of afl sums secured by this Secur�ty <br /> [nstrume�t r►���hout fu�ther demand and nnay inr�ake tF�e pr�v�er o�'sa�e and any��her remed'res <br /> p��rni�ted byAppl�ca�le La�u.Lender sha1�be entitled to collec�a�f expenses incurred in pursuing <br /> fihe rem�dies p�owided ir�this�e�tic����,includir��,bu�not fim�ted to,rea�anab�e attorneys'fees <br /> and�osts of title eviden�e. <br /> 1f the pav�rer�f s�le is invoke�,Tru�tee s#�af[��card a nc�tic�of default in each county�r�v�hi�h <br /> any part a�the F�rape�ty is�aGa�ed�nd shall mail�apie�Q�su�h n�atic�in�h�manner prescr�bed <br /> �y Appiic�bi�Law�o Bor��wer and tn the other per�ans pr�sc�r��ed by Appli�ab[e Law�.Af#er the <br /> tir�►�required by Applicabl��.avu�7'rus��e sha�l�ive publi�natice�a�sale to th�per�ons and in the <br /> manner pr�ser�bed k��App�icable La�r.Trus�e�,�+ru�thout demand on Bvrr�vuer�shall sell�he Praperty <br /> at public�uct�an to#he highes�k��dder at the t�m�and�lace and under�1�e terms designated in th� <br /> noti��vf sa�l�in e�n�or more par�e�s and in an�order Trustee determines.Trustee may pastpo�� <br /> sa�e a�a�l ar any parc�f af�he Prnper�y by pu#a�ic announeement at the�ime and place of any <br /> previau�ly�cheduled sale.Lender or its desEgn��may purchase th��roperty at any e � <br /> initial5: �" <br /> w.� <br /> �IEgRASKA--Sir�gle Family--Fannie Mae{Freddi��a��NlF�RM 1NSTRU�lENT Farm 302811�'� <br /> Ellie Mae,lr�c. Page 10 of 11 NEEDEE��CLS} <br /> 1 Q11212a16 a7:48 AM PST <br /> .� <br />