Laserfiche WebLink
2� 17���33 <br /> L�AN#: 33'I 424't 41 <br /> Nei#h�r Borrowe�-nor Lender may commence,j�in, or be joined fo any judicia� ac�ion �as�ither an <br /> individual I�t�gant or the member af a c�ass} #hat arises from the other party's actions pursuant fo th�s <br /> Security Instrument or that alleges that the ather party has brea�hed any pro�ision of, or any duty ow�d <br /> by �eason of, this Se�u�ity lns�rument, unti� such 8�rrower or Lender has notified the other party�with <br /> such na#iGe gi�en in cvmpliance with the requirements of Section 15}of such alleged hreach and afforde� <br /> the other party hereto a r�asonable periad after the g i�ing af such notice to take correcti�e action. If <br /> Applicabie Law pro�Edes a time period which must elapse before Gertain action�an be tak�n, that time <br /> periad w�f� be deemed to be reasanable fnr purposes of this paragraph. The notice of acceleration and <br /> oppvrtunfty #o �ure gi��n t� Borrower pursuant to Secti�n 22 and the natice of accelerati�n gi�en #o <br /> Barrawer pursuant to Section �8 shall be deemed t�satisfy fh�notice and apportun�ty t�take correcti�e <br /> act'ron pr�visions of th�s Section ��, <br /> 21. Hatardaus Substan�es. As used in th�s Section 2�: �a} "Hazardaus Substances" are those <br /> substances de€ined as toxic ar hazardous suhstances, pollutants, or wastes by Envirvnmental Law <br /> and the foll�wing substances: gasol�ne, kerosene, ather flammable ❑r toxic petroleum products, toxic <br /> �esticides and herb�cides,valatile svl�ents,materials cvntaining asbest�s arformaldehyde,and radioacti�e <br /> materials; �b}"En�ir�nmen�al Law" means f�d�ral laws and laws of the jur�sdiGtion where the Prope�ty <br /> is located that relat�to hea�th, safe�y ar en�ir�nmenfal protectian; �c}"Environmental Cleanup"inc�udes <br /> any respons� actian, remedial action, or rem��al actian, as defined in Environm�ntal Law; and �d} an <br /> "En�ironmental Candi��on" means a condEtian that can cause, contr'rbute to, or oth�rwise trigger an <br /> Environm�ntal Cleanup. <br /> Barrower shall not cause�r permit the pr�sence, use,disposal,storage,o�release af any Hazardous <br /> Substan�es, or threaten to rel�ase any Hazardous Substan�es, an �r in the Praperty. Borrower sha�l <br /> nat do, nor a�1�w any�ne else t� dv, anything aff��ting the Praperty �a} that is in violation of any <br /> En�ironmentai Law, �b}which cr�ates an En�ironmental Condition, vr �c}which, due to the presen�e, <br /> use, �r refease �f a Hazard�us Substance, creates a condition that ad�ersely affects the value of�he <br /> Property.The preceding two sent�nces shall not appiy to the presence, us�, or storage an the Praperty <br /> of small quantities of Hazardaus Substances#hat are g�nerally recognized to be appropriate ta normal <br /> residential uses and to maintenance�f the Prope�ty�including, but nvt limit�d t�, hazard�us su�stances <br /> �n cansumer pr�duc�s}. <br /> Borrawer shall promp�ly give Lender written notice of�a}any in�estigation, claim, demand, lawsuit <br /> or ather a�t�on by any go�ernmental ar regula�ory agency nr pri�ate party in�olving the Property and <br /> any Hazardous Substance or En�ironmental Law af which B�rrower has actua� knowledge, tb} any <br /> En�i��nmentai �ondition, including but n�t Eim�ted to, any spilling, �eaking, discharge, release ar�hreat <br /> of release af any Hazardous Substance, and �c}any�onditian caused �y the presence, use�r release <br /> �f a Haza�dous 5ubstance which ad��rsely affects the�alue �f the Property, If Borrower learns, or is <br /> no�ified by any go�ernmental ar regulatory authority, o� any pri�ate party, #hat any rema�al o� other <br /> rem�diation of any Hazardaus 5ubstance affec�ing the Property is necessary, Ba�rvwer shall prvmp#�y <br /> take al�nec�ssary remedia!actions in accardance with Envir�nmenta�Law. Nothing herein sha�l create <br /> any obliga#ian vn Lender fvr an En�ironmental�leanup. <br /> N�N-UNIF�RM C�VENANTS. Borrvwer and Lender furth�r covenant and agree as f�llows: <br /> 22. Acce�erat�on; Remedies. Lender shall gi�e notic� to Sarr�wer priar to acce�eration <br /> follawing Borrower's breach af any coWenant or a�reement�n this Security Instrument tbut nat <br /> pr��r ta accelerati�n under Section 18 unless Ap�licable Law prv�ides otherwise). The noti�e <br /> shall sp�cify: �a}the default; �b�the action requ�red to cure the default; �c} a dater not�ess than <br /> 3D days from the date the nntice �s g�Wen t� Barrower, by which the defau�t must be cured; <br /> and �d� that failure to cure the defauit on or before the date specified in the notice may result <br /> in acceleration of the sums secured hy this 5ecurity �nstrument and sale of the Property. The <br /> notice shall further �nform Borrvwer�f the right to reinstate after ac��leration and the r�ght to <br /> bring a �ourt actian to assert the non-�xistence �f a default �r any other d�fense vf 6orrawer <br /> to acceleratian and sal�. If the default is not cured �n or before the date spe�ified in the notice, <br /> Lender at its o�tion may require imme�iate payment in full of all sums seGured by this 5e�urity <br /> �nstrum�nt without further demand and may in►►oke the p�wer vf sale and any other remedies <br /> permitted hy Appfi�a�le Law.L�nder shall�e entitied t�collect all expens�s�ncurred in pursuing <br /> the remedi�s pra�ided in this Se�tion Z�,including,but n�t limited to�reas�nable attorneys'fees <br /> and costs of title e►►idence. <br /> If the power of sale is EnWoked,Trustee shall r�c�rd a notice of default in each county in which <br /> any part af the Property is Ivcated and shall mail copies of such nat�ce�n the manner pres�ribed <br /> hy Appli�able Law to Borrawer and to the other persons prescribed by Appiicable Law.After the <br /> time required by Applicable Law,Trustee shall giUe pubiic notice of saie to the persans and in the <br /> manner prescr�bed byApp�i�able Law.Truste�,w�thout demand on Bvrrovuer,sha�l sell the Property <br /> at publi�auction tv the highest bidder at the time and pla�e and under the t�rms designated in the <br /> noti�e af sale in vne ar mare�arcels and�n any❑rder Tru�tee d�term�nes,Trustee may postpane <br /> sale of all �r any parc�� af the Pr�perty by publiC announcement at the time and place of any <br /> previousiy sch�du�ed sale. Lender or its designee may purchase the Property at any sale. <br /> 4 <br /> NEBRASKA--Sing�e Family--Fannie MaelFreddie Allac IJNIF�RIVI lNSTRUMENT Form 3028 1lD1 <br /> Ellie Mae,In�. Pag� ��of 11 NEEDEED fl3�5 <br /> NEEDEED[CL5} <br /> �212ZI2015 DH:28 AM PST <br /> �. . <br /> . <br />