20,020098.q
<br />Borrower shall outcome or permit the presence, use, disposal, storage, or release ofany Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Borrower shall non 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 release ofa Hazardous Substance, creates a condition that adversely
<br />affects the value ofthe Properly. The preceding two sentences shall not apply to the presence, use, orstaraKrulthe Property
<br />ofsmall quantities of Hazardous Substances that are generally recognized to be appropriate m normal residential uses and to
<br />maintenance ofthe 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 />Environmental Law ofwhich Borrower has actual knowledge, (b) any Environmental Condition including lout inn limited lo,
<br />any spilling, [caking, discharge, release or threat ofrelease ofany Hazardous Substance, and (c) any condition caused by the
<br />presence, use or release ofa Hawrdous 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 of any
<br />Hazardous Substance affecting the Property is necessary, Borrower shall promptly lake 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. Leader shall give notice to Borrower prior to acceleration following
<br />Borrower's breach mislay covenantor 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 lees than 30 days from the date the notice is given to Borrower, by which
<br />the defnoil 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 some 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 court action to assert the
<br />non - existence ofa default or any other defense of Borrower to acceleration and sale. Ifthe default is not cured on or
<br />before the date specified in the notice, Lender at its option may require immediate payment in full ii 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 m, reasonable attorneys' fees and casts of title
<br />evidence.
<br />lithe power of sale is invoked, Trustee shaft record a notice of r prescribed In each county is a Lie6 any part er of
<br />the Property ebeefed and shall mail copies icable notice inthe mamerprescribed by Applicable Yenta Borrower
<br />and to the other persons o the pees by Applicable Law. Age the time required by Applicable Low, Trustee shall
<br />give public notice nfaal the the person and li the manner th prescribed higt by der Applicable
<br />the Law. and lc without demand
<br />to Borrower, shall sell the Property I public auction to the highest bidder et the time and place and under the
<br />terms designated of in the notice of sale In one or more parcels and in any order a time d placeo f y Trustee P vi may
<br />postpone seta of all or any parcel of the Property by public announcement at the time sod place ofany previously
<br />scheduled sale. Leader or its designee may purchase the Property at any sale.
<br />Upon receipt ofpayment ofthe 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 ofthe truth ofthe statements made
<br />therein. Trustee shall apply the proceeds ofthe sale In the following order: (a) to all costs end expense ofettrcising
<br />the power of sale, and the sale, including the payment of the 'Trustee's fee actually incurred and reasonable
<br />attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and hi any
<br />excess to the person or persona legally entitled to it.
<br />23. Reconveyance. Upon payment ofall sums secured by this Security instrument, lender shall requeslTrastee to
<br />re- convey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instvment lo' Trustee. Trustee shall reconvey the Property without warranty to the person or persons leggally entitled to it.
<br />Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee forreconveymg the
<br />Property, but only ifthe fee is paid to a third party (such as the Trustee) for services rendered and the charging ofthe fee is
<br />per 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 conveyance ofthe Property, the successor trustee shall succeed to all the title, power and duties conferred
<br />upon Trustee herein and by Applicable Law.
<br />25. Request for Noliae. Borrower requests that copies ofthe notice of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />BY SIGN ING 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 />Ci -.� r (Seal)
<br />mower Jmtes B. 1(imbou r,n
<br />-�� 50iC Ai.� Lvw.Clsrc iy (S'eal)
<br />Bopo:ycr Janette V. Rtmbrough ` �)
<br />(Seal)
<br />Burrower
<br />(Seal)
<br />Recover
<br />NEBRASKA -- Single Fanly- Female Mae /Freddie Mee BNIMiFNl trouXtIMENT Form 3029 1Ni fynge lvigNp ex)
<br />9]Si CV( ... o Onia)
<br />GOT000016nen
<br />
|