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200208516
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Ihazardous Substance, or
<br />threaten to release any Hazardous Substances, on or in the Propperty. Borrower shall not do, nor allow anyone else to do,
<br />anything affecting the Property (a) that is in violation of any Envuonmental 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 twosenlences shall not apply anthe presence, use, or storage on the Property
<br />of small quantities of Hazardous Substances that are generally recognized to he appropriate to normal residential uses andto
<br />maintenance of the Pro perty (including but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give leader written notice of (a) any investigation, claim, demand, lawsuit other action
<br />by any governmental or regulatory agency or
<br />private party involving the Property and any Hazardous Substance or
<br />Environmental Law of which Borrower has actual knowledge, (b) any Environmental Conditiim, including butnotlimitedw,
<br />any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the
<br />presence, use or release of a Hazardous Substance which adversely affects the value of the Property. I(Borrower Imms, 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- UNiPORM 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 of any 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 dale, not less than 30 days from the date the notice is given to Rorrower, 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 carat 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 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' Pees and costs of title
<br />evidence.
<br />If the power of sale h invoked, Trustee shall record a notice oP default
<br />prescribed in each county in which any part er of
<br />the Property elocated and shall mail copies of such notice inthe mannerprescribed by Applicable Law, Borrower
<br />and to the other persons prescribed ns Applicable Law. Ages the time required by Applicable Law, Trustee shall
<br />give Borrower, notice of sale he the persons and in the manner prescribed by Applicable Law. and place without demand
<br />to Borrower, shell sell the Property i public auction to the highest bidder order the time and place and under y
<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 of the Property by public announcement at the time and place of any previously
<br />scheduled sale. Lender or its designee may purchase the Pro erty at 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 trade
<br />therein. Trustee shall appply the proceeds of the sale in the following order: (a) to all costs and expenses ofexercising
<br />the power of sale, and tie 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. Re conveyance. Upon payment of all sumssecured by this Security Instnunent. Lender shall requestTrusteeto
<br />re- convey the Property and shall surrender this Security Instrument and all notes evidencing deft 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 personsa fee arewnveyingthe
<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 Applicahle law.
<br />24. Substitute Trustee. Lendeq at its option, may fr om time to lime remove Trustee and appoint a successor
<br />trustee to any'1'rustee appointed hereunder by an instrument recorded in the county in which this Seeurity Instrument is
<br />renndcd. Wilhon[ conveyance ofthe Property, the successor trustee shall succeed m all the title, power and Julies on terred
<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, Burrower 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 />Bono cr T cy L. Meyer
<br />4iz2zi4zz� _-z (Seal)
<br />nuwcr Arrtr cycr
<br />Borrower
<br />Bonower
<br />(Seal)
<br />(Seal)
<br />NF.aRASKA— Single Pamily-- Fannie Mae/Freddie Mw ONIFORM INSTRUMENT Fnrm3028 1 /01 (page] f8pages)
<br />9754 CV (IN2) Gn691
<br />GOTCh"262d51
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