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201UU�705
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances,
<br />or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allaw anyone else
<br />to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an
<br />Environmezatal Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a
<br />condition that adversely affects the value of the Property. The preceding two sentences sha11 not apply to the
<br />presence, use, or storage on the Property of small quantities of Hazardous Substances that ara generally recognized
<br />to be appropriate to normal residential uses and to maintenance of the Property (including, but not lizniced to,
<br />hazardous substances in consumer products).
<br />Barrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other
<br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance
<br />or Enviranmental Law of which Borrower has actual knawledge, (b) any Environmental Condition, including but not
<br />limited to, aiay spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any
<br />condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the
<br />Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that
<br />azzy removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall
<br />prornptly take all necessary remedial actians in accordance with Environmental Law. Nothing herein shall create any
<br />obligation on Lender for an Environmental Cleanup.
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. I.ender shall give notice to Barrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration �mder
<br />Section 1$ 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 glven to Borrower, by
<br />which the default �ttust be cured; and (d) that fallure to cure the default on or before the date specified in the
<br />notice may result in acceleration of the sums secured by this Security lnstrument and sale of the Property. The
<br />not�ce sha11 further infarni Borrower of the right to reinstate after acceleration and the right to bring a court
<br />action to assert the non-exIstence nf a default or any other defense of Borrawer to acceleratlon and sale. If the
<br />default is not cured on or before the date specified in the notice, Lender at its option may require immediate
<br />payment in full of all sums secured by this Security Instrument without further demand and may invake the
<br />power of s�le and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all
<br />expenses incurred in pursuing the rernedies provided in this Section 22, including, but not limited to, reasonable
<br />attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default ir� each coanty in whlch any part
<br />of the Property is located and shall mail copies of such notice in the manner prescribed by Appl�cable Law to
<br />Borrower and to the other persons prescribed by Applicable Law. After the ti�ne required by Applicable Law,
<br />Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee,
<br />without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and
<br />place and under the terms designated in the notice of sale in one or more parcels and in any ordear Trustee
<br />determInes. Trustee may postpone sale of all or any parcel of the Property by puhlic announcement at the time
<br />and place of any previously scheduled sale. Lender or its designee may purchase the Property 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
<br />made therein. Trustee shall apply the proceeds of the sale in the fnllowing order: (a) to all costs and expenses
<br />of exercising the power ot' sale, and the sale, including the payment of the Trustee's fees actually incurred and
<br />reasonable attorneys' t'ees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument;
<br />and (c) any excess to the person ar persons legally entitled to it.
<br />23. Reconveyance. [7pon payment of all sums secured by this Security Instrurnent, Lender shall request Trustee
<br />to reconvey the Property and shall surrender this Security Instrument and all nntes evidencing debt secured by this
<br />Security lnstrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally
<br />entitled to it. Such person or persons shall pay any recordation costs. Lender rnay charge such person or persons a
<br />fee for reconv�ying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered
<br />and the charging of the fee is 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
<br />is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, pawer and duties
<br />conFerred upon'I'rustee herein ara:d by Applicable Law.
<br />25. Request for Notices. Borrower arequests that copies of the notice of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />N�6RASKA--Single Family--Fannie Mae/Freddie Mac UNIFpRM INSTRUM�NT - M�RS DOCMa�ICQr�YoYPllf](�, 800-fi49�1362
<br />Farm 3028 1/01 Page 9 of 11 www.docmagic.com
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<br />Ne3Q28.nizd.xml
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