201108442 - Laserfiche WebLink

Browse

201108442 sentences shall not apply to tlie pr-esance, use, or storage on t1�e Property of sma11 qualltities of IIazardous SuUstances that are generally reeognized to be appropriate�o nos•mal residential uses a�1d to maintenance of the Property(inclucling, but not liinitecl to, hazardous substances in consumer products). �orrower sllall prolnptly give Lencle�written notice of(a)�ny investigation, claim, demaszd, lawsuit or other action by any goveriunental ar regulatory ag�ncy or privat�party involving the Property and any 1Tazardo�is S�abstance or Eiiviror�nental Law of which Borrower has actua11a1owledge, (b) any Enviroi�izent�I Condition, inchiding but not liinited Eo, arly spilliiYg, lealcing, clischarge, relelse or threat of release of any H�zardous Substance, �iid(c) any condition caused by t11e presence, tise or release of�Hazai�dous Substance wliich adversely affects tlie value of t11e Property. If Borrower Fearns, or is notified�y auy goverrunental or regulatory authority, or any privlte parly, that a11y reinoval �r otller remediation of any Hazardotits StiUstalice �ffectii�g the Property is necessary, Borrowei•shall promptly talce a11 necessary remedial actions in accordance�witli�nvironniental Law, Notl�iug herein sh�11 create a11y obligation on Lender for an Enviromllental Cleanup. Non-Uniform Covenantis. Borrower�nd Leiider covenaiit�nd�gree as Follows: 22. Acceleration; RemEdies. Lencler shnll�ive notice to Borrower prior to ncceler�tion ibllowin� Borrower's brencli of�ny cove�i�ut or ngreemeut in this Sectirity Instrainent(but not prior to ncceleration under Sectiou 18 uuless Appliclble Lnw provicles otherwise). The notice slinll specify: (a) tlie deflult; (b) the nction required to cure tlie def�ult; (c) n d�te, �rot less tli��30 d�ys from the date the notice is given to l3orrower, by whicli the defnult must be cured;nnd (d) tihat faih�re to enre the defaillt on oi•befare the dntie specified in tlie notice may resalt iu�►cceleratioii of the siuns seciu�ed by this Secnrity Iustrument�►�rd s�le of the Pi�operty. The notice shall further inform Borrower of the right to reinstnte aftier;tecelerntion aud the riglit to bririg � court netion to assert the uon-existence of a default or �ny otlier defeuse of Borrower to acceler�tion�nd s11e. ff the def�ult is not cured on or before the dlte specified in the notice, Lender:�t ita optiou m�y require immediate payment in fi�ll of all sums secured by this Security Instruinent witihout fnrther dein�nd ancl inay invoke the power of s11e and auy other remedies peemiEted by Applicable Law. Leuder shall be entitilecl to collect all expenses incurred in piu�suing tlie reinedies pi•ovided iu tliis Section 22, inclncliitg, but not limited to, re�son�ble �ttorneys' fees �nd costs of title evicle�ice. If tlie power of s11e is invoked, Ti•ustee s1iR11 recorcl n notice of defnult in eacli connty fn which aixy part of the Property is locnted aud sh111 m�►il copies of sucli notice i1i the mnainer prescrfbed by Applic�ble Law to Borrower and to tilie other l�ersons I�rescribed by Applicnble Lnw. Afrer tlie time required by Applicable Law, Trnstee sliall�ive public notice of s�le to the persons aud in tlie innniier prescribed by A�plic�ble Lnw. Trnstee, withoiit clem�nd on Borrower, shall sell the Property nt public �nction to the lughest bidder at the time �nd place�and iu�der the teims c�esignited i�i the notice of salc iri one or more p�rcels and in�uy c�rcler Trustee detei�mines. Trustee�n1y postpone sale of�Il or�ny pnrcel of tlie Propet�ty by public �irirYOnncemeut�t tlie time ancl pl�ce of Tuy previo�isly scliedi�led sale. Lender or its designee may pm•cli�se the Property�t 1uy s�le. Upon receipt of pnym�nt of the price bic�, Trnstee sh�ll deliver to the pnrchnsei•Trustee's deed conveyiug the Property. The recitRls iu tlie Triistee`s deed sli�ll be pa�imn facie evidence of the truth of the st�tements m�de therein. Trnstiee shnll �pply the proceeds of the s11e in the followin�ortler: (a) to all costs �nd expeirses of exercising the power of sale; and the sale, includiirg the p�yment of the Trustee's fees�ctu�lly incuri�ecl nnd re:�sonnble nttorneys' fees �s permitted by Applrc�ble Law; (b) to �11 siuns secnred by tliis Secnrity Listri►ineut; �irci(c) auy excess to the pea•son or persons leg�lly eutitled to it. 23120�J NEBRASKA-Single Family-Fannle Mae/Ftetldie Mac UNIFORM INSTRUMENT Form 3028 1I01 VM P O VM P6(NE)(1105) Wolters Kluwer Financial Services Page 44 of 17