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201700085
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Last modified
7/28/2017 1:26:47 PM
Creation date
1/5/2017 8:58:59 AM
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DEEDS
Inst Number
201700085
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2� 17���85 <br /> #o do, any�hing affec�ing the Property �a� �hat �s in �ialation of any En�ironmen�al Law, �b� which creates an <br /> Enviranmental �andition, or �c� which, due to the presence, use, or rel�ase of a Hazardous Substance, creates a <br /> cvndi��an tha�ad�ersely affects the�a�ue of the Property. The preceding two sentences shall no�apply t��he presence, <br /> use, ar s�orage on �he Property of smal� quantities �f Hazar�ous 5ubstances �hat ar� genera�ly .recognized ta be <br /> appropriate to normal residential uses and to rnaintenance of�he Froperty �iracluding, bu�not limited to, hazardous <br /> substances in consumer products}. <br /> Borrower shall promp�ly g��e Lender vv�-itten not�ce of�a} any in�estigation, claim, demand, lawsuit or other <br /> acti�n by any go�ernrnental or regu�atory agency or private party in�ol�i.ng�he Property and any Hazardous Subs�ance <br /> or En�ironmenta�Law of vvhich Borrawer has�ctual knowledg�, ���any�n�ironmental Condition, including but not <br /> �imi�ed to, any spill�ng, 1�aking, discharge, r�lease or threat af release of any Hazardous Subs�an�e, and �c} any <br /> �on�ition caused by the pr�sence, use or release of a Hazardaus Substance which ad�erse�y affec�s the�alue of the <br /> Praper�y. If Borrower l�arns, �r �s notif�ed by any gavernnnen�al or regul.atory autho.ri�y, ar any private party, �hat <br /> any r�mova� or ather r�mediation af any H.azardous Subs�ance affe�ting th�Property is necessary, Borrower shal� <br /> promptly�ake a�l nec�ssary r�medial ac�ions in accordance with En�ironmental Law. Nothing herein sha11 create an� <br /> Qbligation on Le�der �or an En�ironmental Cleanup. <br /> N�N-lJ N�F�RM C�VE NANTS. Borrvwer and Lender further covenant and agree as follows: <br /> 22. Acceieration; Remedi�s. Lender �hall gi�e not�ce to Bvrrower prior to acce�eration fallowing <br /> Borrower's breach of any ca�enant ar agreernent in this Security Instruznent�but not privr to ac�elerativn under <br /> S�cxion 1$ unless Applicab�e Law pro�ides otherwise}. The nvttce shall specxfy: �a}the defaul�; (b} the action <br /> required to cure the defau�t; (�)a date, not less than 30 days fram the date the notice is gi�en tv Bvrrvwer, by <br /> whi�h the default must be cured; and (d)that failure to cure the default�n or befvre the da��specified in the <br /> natice rnay result in acceleration af the 5ums secured by this Security Instrument and sale of the Property. The <br /> notice shail further�nform Borrower of the right to re�nstate after a�celeration and the right to bring a court <br /> action ta assert the non-existence af�a defaul�or any other defense of Borrower to a�celerat�on and �ale, If the <br /> default is nat cured on or�efare the date specified in the natice, Lender at�ts option may require imm�diate <br /> payment in fu�l af al� sums secured by this Security Instrume�nt without fur�her demand and may in�oke the <br /> power af sale and any other r�medies perrnitted �y Applicable Law. Lender shall be entitled �o collect all <br /> expenses incurred�n pursuing the remedies prov�c�ed in this Section 22, ine�uding, but no�lim�ted to, reasonabie <br /> attorneys' fees and co5ts af�itle e�idence. <br /> If the power af Sal� is �n�Qked, TruStee shall rec�rd a no�ice of default�n each c�unty �n which any part <br /> of the Prvperty is�ocated and 5ha�t ma��copies of su�h notice in the m�nner prescribed by Applicab�e Law to <br /> Barrower a�d�o the other persvns presGr�bed by App�icable Law. After the time required by App�i�able Law, <br /> Trustee shal�gi�e pu�l�c natic�of sale ta the pers�ns and in the manner prescri�ed by Applicable Law. Trustee, <br /> without demand on Borrower, �hall sel� the Prape�-ty at pub�ic auctian ta the highest bidder at the time and <br /> place and under the t�rms des�gnated in #he notice �f sa�e in one o� more parcels and �n an� arder Trustee <br /> determ�nes. Trust�e may pa5tpvne sale�f a�t ar any parcei�f the Property by puhlic annauncement at the time <br /> and place of any pre�iously scheduled sa�e. �ender vr its des�gnee m�y pur�hase the Praperty at a�y sale. <br /> LTp�n receipt�f payment af the price bid, Trustee shall deliver t4 t�e pur�haser Trustee's deed cQn�eying <br /> the Praperty. The recita�s in the TruS�ee's deed shaYi be pr�ma facie e�idence of the�ruth flf th�statements made <br /> therein. Trus�ee 5ha11 apply the proceeds of�he sate �n the fo�iowing �rdQr: �a} �a aI� GostS and expenses �f <br /> exerc�sing the power of sale, and the sa�e, including the payment of the Trustee's fees actually incurred and <br /> reasonabl�attorneys' fees as permitted by Applicab��Lavv; �b}tfl all sums secured by this Se�urity Instrum�nt; <br /> and �c) any excess to the person or persans legally entitled to it. <br /> 23. Reconveyance. Upon payment af a11 sums secured by this Security Instrumen�, Lender shall re�uest Tru�tee <br /> to recan�ey the Property and shall surrend�r th�s Security Ins�rument and aIl notes e�idencing de�t secured by �his <br /> Security Instrument to Trustee. Trustee shall recon�ey rhe Proper�y v►�ithou�warranty to the pers�n or persons Xegally <br /> entitled �o it. Such person ar pers�ns shall pay any recardation c�sts. Lender may charge such person ar persons a <br /> NEBRASKA FHA DEED �F TRLJST - MERS QaclNagic a <br /> N ED�TZ�.FHA D 911411� Pag� 1� af �3 www.docmagic.com <br /> i • ' <br />
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