Laserfiche WebLink
20100930� <br />Borrvwer shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, <br />or threaten to release any liazardous Substances, pn or in the Hroperry. Borrower shall not do, nor allow anyone clsc <br />to Jo, anything affecting the I'roperty (a) that is in violation of any F.nvironmental Law, (b) which crcates an <br />Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, croates a <br />condition that adversely affects the value of the Properry. Thc preceding two sentences shall not apply to tha <br />presence, use, or storage on the Property of small quantities of Hazardous Su6stances that are generally racognized <br />ro be appropriata to normal residential uses and to maintenance of tha Property (including, 6ut not limited to, <br />hazardous substances in consumer products). <br />Borrower shall promptly give Lander written notice uf (a) any invastigation, claim, demand, lawsuit or other <br />accion by any governmental ar regulatory sgency or private party involving the Property and any Hazardous Substance <br />or Environmental Law of which �orrvwer has actual knowledge, (h) any Environmental Condition, including but not <br />limited [o, any spilling, leaking, dischar�e, rele�se or threat nf release of any Hazardous Substance, and (c) any <br />conJition caused by the presence, use or release af a Hazardous Substanca which adversely affects the value ot the <br />Nroperty. If Borrower learns, ar is notified by any governmental or regulatory autharity, or any private party, that <br />any removal or other remediation of any Hazardous Substanca affacting the Properry is necessary, Borrower shall <br />prompdy take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any <br />obligation on Lender for an Environmental Cleanup. <br />NON-UNIFORIVI COVENANTS. Borrower and Lendar further covenant and agree as follows: <br />22. Acceleration; liemedies, Lender shall give nodce to Borrower prior tu acceleration following <br />Borrower's breach of any covenant pr agreement in this Security Inatrument (but not prior to acceleration under <br />Sect9on l8 unless Applicable Law provides otherwis�). The notice shall specify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days frnm the date the nolice is given to Borrower, by <br />whlch the default must be cured; and (d) that feilure tu cure the default on or before the date specified in the <br />notice roay result in acceleration of the sums secared by thts Securlty Instrument and sale of the Property. '�he <br />notice shall further inform Borrower of the right tu relnstate after acceleradon and the right to bring a court <br />action to assert the nomexistence of u defaplt ow any other defense of Borrower to acceleration and sale. If the <br />detault is not cured on or before the date specifl�d Sn the npt[ce, Lendew at ite option may require immediate <br />payment in full oT all sums secured hy thls Secuwity Instwurnent without further demand and may invvke the <br />power of sale and any other remedies permitted by Applicuble Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing thc remedles pruvided in tN1s Section 22, lncluding, but not limited to, reasanable <br />attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a nvtice vf dafault in euch county in which any part <br />ot the Property is located and shall mail copies of sach notice in the manner prescribed by Applicable Law to <br />Borrower and to the other peraona prescribed by Applicable Law. Atter the time requlred by Applicable Law, <br />Trustee shall give public notice oT sale to the persans and in the manner prescribed by Applicable Law. Trustee, <br />withont demand on Borrower, sha11 sell the Prvperty at publlc suction to the highest bidder at the time and <br />place and under the terms designated io the notice of salein une or more parcels and in any order Trustee <br />determinea. Trustee may postpone sale of all ur any parcel of the Property by public announcement at the time <br />and place of any previously scheduled sale. Lendew ow its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price hid, Trustee ahall deliver to the purchaser Trustee's deed cunv�ying <br />the Property. The recitals in the '�rustee's dced �hall he prima facie evidence of the truth oT the statements <br />made therein. Trustee ahall apply the proceeds of the sale in the following owder: (a) to all coats and expenses <br />of axerciging the power of sale, and the sale, including the payment ot the Trqstee's fees actually incurred and <br />reasonable attorneys' [ees as permitted by Applicable L,aw; (b) to all sums secured 6y this Security Instrument; <br />and (c) any excess to the person or peraons legally entitled to it. <br />Z3, Reconveysnce. Upon payment of all sums sacurad by this Security Instrument, Lender shall request Trustee <br />to reconvey the Property and shal] surrendar this Sacurity Instrument and all notes evidencing debt secured by this <br />Security Instrument to'I'rustee. Trustee shall reconvey the Properry without warranry to the person or persons legally <br />entitled to it, Such person or persons shall pay any recordation costs. Landar may charge such person or persons a <br />fee for reconveying the Property, but only if the fee is paid to a third parry (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 remave Trustee and appoint a successor <br />trustee to any'T'rustee appointed hereunder by an instrument recorded in the county in which this Security Instrument <br />is recorded. Without conveyance of the Property, thc successor trustee shall succeed to all the title, power and duties <br />conferred upon '1'ruscee 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 Properry Address. <br />Borrower Initials: <br />NFBFASKA--Single F ly--Fannie MaelFreddie Mac UNIFORM INSTRUMENT - MERS DocMayicCL�m7Pas eoo-sia-�36Y <br />Form 3028 1101 Page 9 of 11 www.docrosgic.com <br />