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200301162 <br />Borrower shall not cause or ppermit the presence, use, disposal, storage, or release of my Hazardous Substances, or <br />threaten to release any Hazardous Substances, on or ai the Property. Borrower shall not do, nor allow anyone else to do, <br />anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental <br />Condition, or (c) which, due to the presence, use, or rcletwe of a Hazardous Substance, creates a condition that adversely <br />affects the value ofthe Property. The preceding two sentences shall not applyto the presence, use, or start eontheProperty <br />ofsmallquantitiesof Hazardous Subs toncesth atarcgencrallyrccogmlzcdd to be appropriate to normal msn ritial uses and to <br />maintenance of the Property (including but not limited to; hazardous substances in consumer products). <br />Borrower shall promp Ily give Lender written noti cof(a)any in vestigation,c [aim, demand, lawsuit or other action <br />by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or <br />presence, use or release of a Hazardous Subsimcc which adversely al lects the value of the Property. II Borrower learns, or is <br />notified by any governmental or regulatory authority, or any private parry, that any removal or other remediation of any <br />I bwardous Substance affecting the Property Is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental law. Nothing herein shall create any obligation on lender for an Environmental Cleanup, <br />NON- UNIFORM COVENANTS. Borrower and Iender further covenant and agree as follows- <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under <br />Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which <br />the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may <br />result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall <br />further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the <br />non - existence of a it efa nit or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its option may require immediate payment in full of all sums <br />secured by this Security Instrument without further demand and may invoke the power of sale and any other <br />remedies permitted by Applicable Law. Leader shall be entitled to collect all expenses incurred in pursuing the <br />remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title <br />evidence. <br />If the power of sale is invoked, Trustee shall record a notice ofdefault in each county in which any part of <br />the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower <br />and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall <br />give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand <br />on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the <br />terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may <br />postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously <br />scheduled sale. Leader or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, 'I rustee shall deliver to the purchaser Trustee's deed conveying <br />the Properly. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made <br />therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses ofexercising <br />the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable <br />attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any <br />excess to the person or persons legally entitled to it. <br />23. Re conveyance. Upon payment of all sums secured bythis Security Instrument Lender shall requestTmstee to <br />re- convey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Propet"ithoul warranty to the person or persons leggally entitled to it. <br />Stich person or personsshall pay any recordation costs. I ender may charge such person or persons a fee forreconveyin the <br />Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging ofthe fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, nay froni time to time remove Trustee and appoint a successor <br />trustee to m., Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is <br />recorded. Without cumeywce ofthe Property, the successor h'ustee, shall succeed to all the title, powerandduticsamferred <br />upon Trustee herein and by Applicable law <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's <br />address which is the Property Address. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any Rifer executed by Burrower and recorded wit <br />Witnesses : <br />L <br />(Seal) <br />Bo ewer atrick C Larson <br />l Vii k5V -s f V U (Seal) <br />Borrower Alison M. Larson <br />(Seal) <br />(Seal) <br />Burrower <br />NEBRASKA -- Single Family— F'mrkvsa /Nredsic Nov IN I FORM INS RUMEN Form 302a I /al (page ] of 8 pages) <br />9754 CV (1/02) 1641 s112 <br />GOTOr000]n52) <br />