Laserfiche WebLink
200301622 <br />the presence, use, disposal, storage, or release of any Hazardous Substances, or <br />:s, on or in the Property. Borrower shall not do, nor allow anyone else to do, <br />n violation o any Environmental Law, (b) which creates an Environmental <br />use, or release ofa Hazardous Substance, creates a condition that adversely <br />no two sentences shall not aooly to the presence, use, or smrageon the Property <br />maintenance of the Property (including, but or limited to, hazardous substances in consumer products). <br />Borrower shall promptly give Under written notice of (a) any investigation, claim, demand, lawsuit or other action <br />by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or <br />any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused bythe <br />presence, use ur release ofa Hazardous Substance which adversely affects the value ofthe Property. IfBonower learns, or is <br />notified by any governmental or regulatory authority, or any private party, that any removal or other remediation ofmry <br />Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental I aw. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. tender shall give notice to Borrower prior to acceleration fallowing <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; (h) the action <br />required to cure the default; (c) a date, not [ass 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 ofthe sums secured by this Security Instrument and sale ofthe Property. The notice shall <br />further inform Borrower ofthe right to reinstate after acceleration and the right to bringg a court action to assert the <br />non - existence ofa default or any other defense of Burrower to acceleration and sale. If the default is continuation 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 dmnand and may invoke the power of sale and any other <br />remedies permitted by Applicable Law. Lender 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 Propertv is located and shall mail copies ofsuch notice in the manner prescribed by Applicable tawto Borrower <br />antl 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 Appliea ble 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 />terns 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 ofany previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment ofthe price bid, Trustee shall deliver to the purchaser Trustee's decd conveying <br />the Property. The recitals in the Trustee's deed shall be prima facie evidence ofthe truth ofthe statements made <br />therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses ufexereisdng <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. Reconveyance. Upon payment ofall sums secured by this 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 Property without warranty to the person or persons Ie @ally entitled to it. <br />Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveyingg the <br />Property, but only ifthe fee i�s paid to athird party (such as the Trustee) for services rendered and the chin oClhc fcc is <br />permitted under Applicable law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is <br />recorded. Without conery�a eofthe Property, the successor alcove shall succeed to all the title, power and duties conferred <br />upon Trustee herein and by Applicable Law, <br />25. Request for Notices. Borrower requests that copies ofthe notice ofdefault 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 Rider executed by Borrower and recorded with it. <br />Witnesses: <br />R <br />' i:'rf _ - 1 °-I- - -_. (Seal) <br />Bcroaker Srd'ttt X Rezac <br />i 6( (Sea) <br />Bonower Traci L. Runic <br />(Seal) <br />Benower <br />(Seal) <br />NEBRASKA SIngle FVmily— Fannin M.OFreddie Mac UNIFORM INSTRUMENT Porm3038 1101 (p,u,7ef8poye,) <br />Wl Sa cv (voz) 1(,30115 <br />ITrin(uue41nz4) <br />