Laserfiche WebLink
i <br /> 2� 17� 1582 <br /> . , <br /> ��AN#: 1 SD18779'I <br /> Nei�her B�rrow�r n�r Lender may commence, join, o�be joined �v any�udici, � action �as either an <br /> �nd�v�dual lit�g�nt a� the memb�r of a class} tha� ar�ses �r�m the ather party's a�ions pursuant to this <br /> Security�nstrument or that a�leges that the other party has br�ached any pro�isior��f, ar any duty owed <br /> by reas�n af, this �ecurity Instrument, until such Borrower ar Lender has natif�edi the other party �w�th <br /> such natice given in�ampliance with the requ�rem�nts of�ecti�n 15}of such alleg��breach and aff�rded <br /> th� other party h�re�o a reasonable peri�d after the gi�ing of su�h nvtice to tak� corrective action. !f <br /> Applicab�e Law pravi�es a time p�rlod which must�lapse befor� certain actian caln be taken, that�ime <br /> p�r�od w�ll be�eemed �o �e reasonabl� far purposes of this paragraph. The natic� af accel�rat�vn �nd <br /> opportuni�y to �u�e given to Borrow�� pursuant to Section 22 and the n�tice of �cc�leration g�ven tv <br /> Sorr�w��pursuant to 5ec���n �8 shall be de�m�d t�s��isfy the n�t�c�and�pportu�ity�o tak�carrecti�e <br /> action provisi�ns�f this Section ��. <br /> Z1. Ha�ardous Su#astanc�s. As used in th�s 5ection �1: �a� "Ha�ardaus S�ubstances" are thvse <br /> substances defined as toxic or ha�ardvus substanc�s, poltutants, ar wastes b Environmenta� Law <br /> and th� foll�vuing substanc�s: gasaline, kerasene, ather�lammable or toxic petr leum pro�ucts, toxic <br /> pesticidesand herbici�es,volatilesalvents,materialscan�ain�ngasbestasorformald�hyde,and radiaactive <br /> materials; �b} "Environr-�ental Law" means f�deral lavvs and laws o�the ju��sd�Ctia where the Property <br /> is located tha�re�at�to health, safety or env��onmental pratectivn; �c}"Enviranm�rt l Cleanup"inc�udes <br /> any r�sponse act�an, remedial aet�on, ar remo�al a��ion, as defined in Envirvnme#�tal Law; and �d} an <br /> "Environmental Candition" m�ans a canditian that Can �ause, contribute to, or joth�rwt�e trigger an <br /> En�ir�nmental ���anup. <br /> Bo��awersha��notcaus�ar perm�t�he preser�c�, use,disposal,starag�,orrel seof any Hazar�ous <br /> �ubs�ances, or thr��ten t� rele�se any Hazardous Substances, on o� in th� Pr� erty. Bv�raw�r sha�l <br /> nat da, nar allvw anyone else t� do, anything affecting th� Pr�perty �a} that i� in vivlatian of any <br /> Enviranmentai Law, �b} which cr�ates an En�iranm�n�al Cvndition, or �c} which, u� to the presence, <br /> use, ar ��lease of a Ha�ardous Substance, crea�es a c�nditi�n that ad�ers�ly a cts the value �f th� <br /> � <br /> P�operty. The p�eceding tw�s�n�ences shal� not�pply t�the p�esence, us�, �r st� age an the Praperty <br /> o�smali quantities of Hazardous Substances that are genera�l� recogni�ed to be pprapriate t� narma� <br /> r�sfdential us�s and�o ma�ntenanc�af the Proper�y �including, but not limited ta, h�za�d�us substances <br /> in cQnsum�r p�od ucts}. � <br /> Bvrrower shall promptly give Lender wr��ten not�ce of�a} any in�estigatian, cleim, demand, lawsuit <br /> ar oth�� act�on by any gavernm�ntal �r regu�atory agency or private party invoiving the Prop�rty and <br /> any Hazardous Substanc� or Enviranmental Law �f wh�ch Borrower has actua��E know�edge, �b} any <br /> Env�ronm�nta! Conditian, including but not limited ta, any spilling, leaking, d�seha e, rel�ase ar threat <br /> of�eleas�a�any Hazard�us Substance, and �c} �ny condition �aused by the pre� nce, use�r r�lease <br /> of a� Haz��dau� Su�stance which advers�ly afFect� the value af the Prvperty. If �3�Orrvwer learns, or is <br /> notifi�d by any gavernm�n�al or regulatory authority, or any private par�y, that � y �emovaf or othe� <br /> r�m�diatian af any Hazard�us 5ubstance aff�ct�ng the Property is nec�ssary, B ower sha�l p�omp�ly <br /> tak�ail ne�essary remedia�actions �n accor�ance wi�h En��ronm�ntal Law. Nathin herein shall create <br /> any ablM�a��4n on L�nder f�r an Enviranmental �leanup. <br /> N�N-�LJNIF�RM C�VENANTS. Bflrrower and Lende�further covenant and ree as�ol�aws: <br /> Z�. Acceleration; Remedies. Lender shall gi�e notic� ta Borrower p�,�or ta accelerati�n <br /> fvlla►n►ing Bvrrower's breach of any covenant or agreement in this Security Ilnstrument�but n�t <br /> pri�r ta acce�eration under Sectian '�8 unless Applicable Law prv��des �tl� rwise�. The notice <br /> sha�l specif�: �a�the default; �h�the action required ta cure the default; ��� ��date, not less than <br /> 30 days fram the date the notice �s given to Borrower, by which th� def� �t mu�t b� cured; <br /> and �d� #hat failure ta cure the default on ar before #he date specified in th natice may r�sult <br /> in acceleration a�the sums secured by #his Secur�ty �nstrument and sale c� the Property. The <br /> notice shall further inform Barrower of th� right tv reinstate after a�celera n and th� right to <br /> bring a c�urt acti�n tv assert thQ non-existence vf a default or any other d ense of Borra�rer <br /> to a�celerati�n and saie. lf the default is not cur�d on or hefore the date sp� ifi�d in the notiGe, <br /> Lender at its�pti�n may require immediate payment in ful! of ai��ums se�u d by th�s �ecurity <br /> In�trument w�th�ut further demand and may in�ak� the pawer of sale and hy other remedies <br /> p�rmitted by Applicable Law.Lender shall be entitl�d ta c�llect all expenses� �curred in�ursuin� <br /> the remed�es provided in this Section 22,including,but n�t limited to,reasa bl�att�rneys'fees <br /> and costs af tit��e�idence. <br /> If the po�er�f saEe�s�n�oked,Trustee shall recard a n�tice of default in ea�h��unty in which <br /> any part af the Pro�erty is located and shall mai!copies vf such natice in the� anner pres�r�bed <br /> by Appli�able Law ta B�rrow�r and ta the ath�r persons prescribed by Appii t�le Law.After the <br /> time requir�d by Appiicable Law,Trustee shail give public natice�f sale to th ersons and in the <br /> manner prescribed byAppl�caale Law.Trustee,vvithout demand an��rr�wer,s ��I se1�thQ Property <br /> at publ�c auction to the�i�hest�idder at th�time and place and under the ter des�gn�ted in the <br /> nvtic�af sa�e in one or mor�parcels and in any arder Trust�e determines.Tr tee ma� postp�ne <br /> sale of all or any parce! of the Pr�perty by public ann�uncement at th� ti and p�ace af any <br /> pre�i�usly scheduled sale. Lender or its designee may purchase the Pr��e at any sa . <br /> I ials: <br /> IVEBRASKA--Singke Fam�ly--Fannie MaelFredd�e Mac LJNIF�RIVI iNSTRUMENT Fvrm 3028 11�'� � �� � <br /> � <br /> Eli�e Mae, Inc. Page 1� vf�1 NEEDEED Q3�5 <br /> NEEDEEfl�CLS} <br /> (� 211Z�17 1�:1 Q AM PST <br /> . .� � <br /> . <br /> I <br />