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<br />NEBRASKA - -Si
<br />Ellie Mae, Inc.
<br />gle Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />Page 10 of 11
<br />201704342
<br />LOAN #: 046238
<br />er Borrower nor Lender may commence, join, or be joined to any judicial action (as either an
<br />1 litigant or the member of a class) that arises from the other party's actions pursuant to this
<br />nstrument or that alleges that the other party has breached any provision of, or any duty owed
<br />of, this Security Instrument, until such Borrower or Lender has notified the other party (with
<br />e given in compliance with the requirements of Section 15) of such alleged breach and afforded
<br />party hereto a reasonable period after the giving of such notice to take corrective action. If
<br />Law provides a time period which must elapse before certain action can be taken, that time
<br />Neit
<br />individu
<br />Security
<br />by reaso
<br />such noti
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<br />Applicabl
<br />period wi 1 be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
<br />ty to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to
<br />pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />visions of this Section 20.
<br />azardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />s defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law
<br />(lowing substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic
<br />and herbicides, volatile solvents, materials containing asbestos orformaldehyde, and radioactive
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property
<br />hat relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes
<br />nse action, remedial action, or removal action, as defined in Environmental Law; and (d) an
<br />ental Condition" means a condition that can cause, contribute to, or otherwise trigger an
<br />ntal Cleanup.
<br />er shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />s, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall
<br />r allow anyone else to do, anything affecting the Property (a) that is in violation of any
<br />ntal Law, (b) which creates an Environmental Condition, or (c) which, due to the presence,
<br />ase of a Hazardous Substance, creates a condition that adversely affects the value of the
<br />he preceding two sentences shall not apply to the presence, use, or storage on the Property
<br />antities of Hazardous Substances that are generally recognized to be appropriate to normal
<br />uses and to maintenance of the Property (including, but not limited to, hazardous substances
<br />r products).
<br />er shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit
<br />ion by any governmental or regulatory agency or private party involving the Property and
<br />ous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />tal Condition, including but not limited to, any spilling, leaking, discharge, release or threat
<br />f any Hazardous Substance, and (c) any condition caused by the presence, use or release
<br />ous Substance which adversely affects the value of the Property. If Borrower learns, or is
<br />any governmental or regulatory authority, or any private party, that any removal or other
<br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly
<br />ssary remedial actions in accordance with Environmental Law. Nothing herein shall create
<br />n on Lender for an Environmental Cleanup.
<br />IFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />eleration; Remedies. Lender shall give notice to Borrower prior to acceleration
<br />orrower's breach of any covenant or agreement in this Security Instrument (but not
<br />eleration under Section 18 unless Applicable Law provides otherwise). The notice
<br />y: (a) the default; (b) the action required to cure the default; (c) a date, not less than
<br />m the date the notice is given to Borrower, by which the default must be cured;
<br />failure to cure the default on or before the date specified in the notice may result
<br />ion of the sums secured by this Security Instrument and sale of the Property. The
<br />further inform Borrower of the right to reinstate after acceleration and the right to
<br />rt action to assert the non - existence of a default or any other defense of Borrower
<br />ion and sale. If the default is not cured on or before the date specified in the notice,
<br />option may require immediate payment in full of all sums secured by this Security
<br />ithout further demand and may invoke the power of sale and any other remedies
<br />Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing
<br />provided in this Section 22, including, but not limited to, reasonable attorneys' fees
<br />title evidence.
<br />er of sale is invoked, Trustee shall record a notice of default in each county in which
<br />e Property is located and shall mail copies of such notice in the manner prescribed
<br />e Law to Borrower and to the other persons prescribed by Applicable Law. After the
<br />by Applicable Law, Trustee shall give public notice of sale to the persons and in the
<br />ribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property
<br />tion to the highest bidder at the time and place and under the terms designated in the
<br />in one or more parcels and in any order Trustee determines. Trustee may postpone
<br />any parcel of the Property by public announcement at the time and place of any
<br />heduled sale. Lender or its designee may purchase the Property at any sale.
<br />NEEDEED 0315
<br />NEEDEED (CLS)
<br />06/23/2017 09:43 AM PST
<br />
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