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200301741
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of my Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in 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 Bnvironmental
<br />Condition, or (c) which, due to the presence, use, or release ofa Hazardous Substance, creates a condition that adversely
<br />affects the value ofthe Property. The precedingrwo sentences shall not applyto the presence, use, orstorageonthe Property
<br />m
<br />ofsall quantities of Hazardous Substances [hat are generally recognized to be appropriate to normal residential uses and to
<br />maintenance ofthe Property (including, but not limited to, hazardous substances it consumer products).
<br />Borrower shall promptly give Lender written notice of(a) any investigation, claim, demand, lawsuitor other action
<br />by any governmental or reaulatory agency or private parry involving the Property and any Hazardous Substance or
<br />any spitIMg, leaking, discharge, release or threat of release of any I lazzrdous Substance, and be) any condition caused by the
<br />presence, use or release ofa Hazardous Substance which adversely affects the value ofthe Property. If Borrower learns, or is
<br />notified by any governmental or regulatory authority, or any private party, that any removal or other remediation ofany
<br />Hazardous 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 Lender further covenant and agree as follows-
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's breach ofany covenant or agreement in this Security Instrument (but not prior to acceleration under
<br />Section IS 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 dale the notice 1s 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 ofa default 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. 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 floe power of sale is invoked, Trustee shall record a notice of default 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 ofsale to the persons and in the manner preset'ibed 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 ofthe 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 In bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed shall be prima facie evidence ofthe truth of the statements made
<br />therein. Trustee shall apply the proceeds ofthe sale in the following order: (a) to all costs and expenses ufexamising
<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; BO 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 of al l sums secured by this Security Instrument, Lender shat l request Trustee 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 die Property without warranty to the person or persons legally entitled to it.
<br />Such person or persons shall pay any recordation costs lender may charge such person or persons a fee forreconveyingthe
<br />Property, but only iRhc fee Is paid to a third parry (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, may from time to tune 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 conveyyance nfthe Property, the successor it ustee 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 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 Rider executed by Borrower and recorded with it.
<br />Witnesses:
<br />(Seal)
<br />Borrower �Wrry K. Smith
<br />f(see)
<br />Borrower" Wy WSmith
<br />Bonowcr
<br />Bonewcr
<br />(Seal)
<br />(Seal)
<br />NERRASKA-- Single PVmily —Fmnie M.OFredAie Mac IN [FORM INSTRUMENT Fornlla2b 1101 /pngvl fNpnger)
<br />9754.CV(1,02) uoli 1
<br />GOTO(W(old21)
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