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201109302
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Last modified
3/7/2012 11:17:18 AM
Creation date
12/13/2011 10:39:17 AM
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DEEDS
Inst Number
201109302
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201109302 <br /> sentenees sha11 not apply to tlle presenee, use, or storage on the Pro�erfy of sma11 quantities of I�azaidotYs <br /> SuUstances tl1�t�re generally recognized to be a�propriate to norinal i�esidential uses and to inaintenance of <br /> the Property(includiilg, but not liinited to, hazardous subst�ilces in consumer products). <br /> Borrower s11a11 promptly give Lender writiteii notice of(a) any investigation, claim, demand, lawsuit or other <br /> action by any govermnental or regLilatory agency oi•private pa1•ty involving the Property aiid any Hazardous <br /> SuUstance or Enviromilentll Law of which Boriower has aci;u�l lcnowledge, (U) any Environmental <br /> Gondition, includillg but not linute�i to, any�spilling, lealcing, discharge, ��lease or tlu eat af release of�ny <br /> Haz�rdous Substance, �nd(c) aily condition caused Uy tlie presence, use or release of a Hazardous Substance <br /> wllich adversely tiffects the value of the Property. If Borrower learns, or is notified by any goveriuilental or <br /> regultitory authority, or auy private party, t11�t aizy removal or other rernediation of any Hazardous Substance <br /> affecting tlie Pro�erty is necess�ry, Borrower skall promptly talce all necessary remeclial actions in <br /> accordance with Enviroruizental Law. Notlung lierein shall create aily obligation on Lender for an <br /> �nvirorunental Clelnup. <br /> N:on-Uniform Covenants. Borrower�nd Lender covenarlt and agree as follows: <br /> 22. Acceleration; Remedies� Leuder slt�ll give notice to 13orrower prior to ncceler�tion followin� <br /> Borrower's breach of nny coverilnt or a�reeineut ii� tliis Secm•ity Iyistrttinent(bitt uot pi•ior to <br /> nccelerntiou tuider Section 18 unless Applic�ule Law provicles otherwise). Tlie notice sliall specify: (�) <br /> the defat�lt; (b) the aetion reqnired tio cure tlie def2ult,{c) n d�te, not less thTn 30 days from the date <br /> the notico is given to Borrower, by which tlie default�uust be ciu�ed; and(d) th�t failiu•e to cm�e the , <br /> clef�nit on or before tlie d�►te specified in the notice inay restilt in acceler�tion of Lhe sirins seciu�ed by <br /> this �ecurity Instriunent nnd sale of�he Propet•ty. The uotice sliall further iuform Borrower of the <br /> right to reinstnte �fter;►ccelernlion �nd the ri�ht to bri�ig a court action to �ssert the nou-exis#ence of a <br /> def�tult or any other defense of Borrower to ncceleration and s�le. If the def�nit is not cnred on or <br /> before the date specified in tlte riotice, Lencler at its option may require immediate pnyineut in fiill of <br /> all sums sec�u•ed by this Security Instrunlent withaut furtliei�delnand:►nd�nay ilivoke tlie potiver of snle <br /> ;tnd any other remedies permitted by Applicable Lnw. Lencler shall l�e entitled to collect nll expenses <br /> incttrred in pursuing tlie reinedies provided iu this Section 22, i�iclnding, but not limited to, re�sonRble <br /> nttorneys' fees �nd costs of title evidence. <br /> If tlie power of sale is involced, Trustee shall record a notice of clef�►nit iu eacli county in wliicli�ny <br /> part of tlie Pz•operty is locnted�iid sli�ll inail copies of sucli notice in the inanner prescribed by <br /> Applicable Law to Borrower nnd to the otlier pei•sons presci�ibecl by Applicnble L�w. After tlie time <br /> reqnii�ed by Applicable Lnw, Trustee shall give pttblic notice of s11e to the persons �ud in the in�uuer <br /> prescribed b3�Applicnble Law. Trtistee, withont demnncl on 13oi•rower, shnll sell the Property�t pnblic <br /> n�XCtion to the highest bzdder at the ti�ne ��icl place a�xd imder tl�e teruls desi�unted in the notice of sale <br /> iu one oi•more pni•cels �ud iu nny order Ti•nstee determines. Trnstee�n;ty postpone snle of 111 or�ny <br /> pRrcel of tlie Property by public annoiuicemeut at tlie time �nd pl�ce of nny previously scliednlecl s�le. <br /> Lendei�oi�its desig�iee m�y purcli;►se tlie Property 1t�uy s�le. <br /> Upon receipt of p;►yment of tlie price bid, Trristee sh�ll cleliver to tlie purch�ser Trustee's deed <br /> �on��y����ti��rroperty. The recitals in tlie Trustee's deed shall be pri�nn facie evideuce of the truth of <br /> the stntemen�s made thex•ein. Trxistee sli�ll apply the proceeds of tho sale in the following order: (a) to <br /> all costs:►nd expenses of exercising the power of snle, and tlie s�le, inclndin�the p�tymeut of tlie <br /> Trustee's fees nctnally incttrred:►nd re;►sonRble attorneys' fees ns perinitted by Applicnble Lnw; (b) to <br /> all sums secured by this Seciu�ity Instruinent; a�nd (c) any excess ta the person or persons legnlly <br /> entitled tio it. <br /> 231232 <br /> NEBRASKA•Single Fam Ily-Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT Form 3028 1/01 <br /> VM P� VM P6(NE)(1105) <br /> Wolters Kluwer Pinanclal Services Page�4 of 17 <br />
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