Laserfiche WebLink
200206810 <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any 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 Environmental <br />Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely <br />affects the value of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property <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) arty mvesti ation, claim, demand, lawsuit or other action <br />by any governmental or regulatory agency or rivate party involvingg the Property and any Hazardous Substance or <br />Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition includingbutnot limitedto, <br />any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition causedbythe <br />presence, use or release of a Hazardous Substance which adversely affects the value of the Properly. IfBoirower learns, or is <br />notified by governmental or re amry authority, or any private party, that any removal or other remediation of any <br />Hazardous Substance affecting the roperty is necessary, Borrower shall promptly take all necessary remedial actions m <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. <br />NON- UNIFORM COVENANTS. Borrower and Lender er 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 t0 reinstate after acceleration and the right to brieg a roilrt action to assert the <br />non-existence of a default or any other defense of Borro wer to acceleration and sale If the default is not cured on or <br />before the date apecsed in the notice, Lender at its option may require immediate payment in full of all soma <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 eapenaea incurred in pursuing the <br />remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and mats of title <br />evidence. <br />If the 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 persona prescribed by p licable 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 earcel of the Property by public announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of ppayment 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 coats 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 persons 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 person or persons shall pay any recordation costs. Lender may charge such person or persons a fee forreconveying the <br />Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee 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 conveyance of the 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 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 lt. <br />Witnesses: <br />(Seal) <br />Borrower Brian K Fischer <br />(Seal) <br />..... Borrower <br />GENERAL NOTARY -State of Nebraska <br />i TERRY L. KURTENBACH (Seal) <br />My Comm. tip. Nov. 2g, 2002 Borrower <br />(Seal) <br />Borrower <br />NEBRASKA— Single Family —Fantle Mae/Freddie Mae UNIFORM INSTRUMENT Form 3028 1/01 (page 7 of8 pages) <br />9754CV (1 /02) 4600101420 yy }} ¢¢ <br />t.i i7 0 2. *:? L 3r, R jj i GOTO(08250f31) <br />