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200200623 <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or <br />threaten to release any I Lazardous Substances, oa or is the Property. Borower shall not do, nor allow anyone else m do, <br />anything affecting the Property (a) that is in violation of any nvtronmental Law, (b) which creates an Bnvironmental <br />Condition, or (c) which, due ro the presence, use, or release of a Hazardous Sahara.., creates a condition that idve¢ely <br />affects the value ofthe Property. The preceding[wa sentences shall not apply to the presence, use, or storage on he Pro <br />of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substances In consumer products). <br />Borrower shall promptly give Lender 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 />C...,Irnnmrmnl r aw of which Bnrrnwer has actual knowledge. (b) anv Environmental Condition, including but not limited le, <br />any spilling, leaking, discharge, release Or threat of release or any aazamous auosmnec, anu lc/ any wuuamu wusw uy w� <br />presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower leat'ns, or is <br />notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any <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 Burrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security instrument (but not prior to acceleration antler <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 leas than 30 days from the date the notice is given to Harrower, by which <br />the default must be cured; and (d) that failure to cure the default on or before the date speciiled In the notice may <br />result in acceleration of the sums secured by this Security Instrument and sale of the Properly. 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 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 fall 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 the power of sale is ll maildopiessof sshallrecordanotice of default In each county to which any part <br />er <br />the Property elocated and shop mailcopiesofsuch notice in the manner quire prescribed by Applicable w, to Buccaneer <br />and to the otherpersons prescribed by Applicable Law. Afterthe time requiredble Applicable Low, Trustee and <br />give public notice of salehe the persons and in tire manner p e high e t by der at the Law. and place without demand <br />to Rs designated shall sell the Property at public auction to the highest bidder at the time and place and under the <br />forms designated to the notice el sale to one or more parcels and in any order Trustee determines. Trustee may <br />ofall its delofthe Property bye the announcement lathe time and place of any previously <br />schetluled sale. Lender or ds designee may purchase the Properly at e any sale. <br />Upon receipt of payment of the price 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 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 of exercising <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 persona legally entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall 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 the Property without warranty to the person or persons legally entitled to it. <br />Such per on or persons shall pay any recordation costs. Lender may charge such person or persons a fee mr reconveying the <br />Property, but only if the fee is paid to a third party (such as the Trustee) for set vices rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute TNfitee. Lender, at Its option, may from time to time remove Trustee and appoint a Successor <br />trustee to any Trustee appoiund hereunder by an ineu ument recorded in the county in which this Security Instrument is <br />recorded. Without conveyance of the Property, the successor it shall succeed for][ the title, power and duties conferred <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 Rider executed by Borrower and recorded with it. <br />Witnesses: <br />(Scat) <br />B.naw4 Michael G. flandir <br />(pry <br />.i7illl (Seal) <br />l o rawer VK*gene Hemik <br />(Seal) <br />(Seal) <br />NEBRASKA Single Family - Fannie Madireel Mac UNIFORM INSTRUMENT Form 1028 1101 (page) y'8 pages) <br />915a.cvry01) c11382 <br />ut m)aasn saq <br />