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201109428
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201109428
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Last modified
3/7/2012 11:18:23 AM
Creation date
12/16/2011 1:08:12 PM
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DEEDS
Inst Number
201109428
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201109428 <br /> sentences sh�ll not apply to the presence, use, or storage on tlie Property of small c�uantities oF Hazardous <br /> Substiauces that are generally recognized to be appropriate to norinal residentia�uses asld to�naintenance of <br /> the Property(inchiding, vut not liiluted to, hazardous subsiances in consuiner�i�oducts). <br /> Borrower sha.11 promptly give Lender written notice o�(a) any investigation, claim, demand, lawsuit or otlier <br /> actiori Uy any govermiient�l or reg.ul�tory�gency or private party involving the Property and any�Iaza�•dous <br /> SuUstance or�nvirontnent�l Law of which Borrower has actttal lalowledge, (b)any Envirorunental <br /> Condition, including but not Iiinited t�, any spilling, lealcing, discharge, release or tlu•eat of release of any <br /> II�zardous Substai7ce, aiid(c) ai7y conditiion caused by the presence, use or rele�se of a Hazardous SuUstance <br /> which aciversely afFects t1�e value of the Property. If Borrower learns, or is notified Uy any govermnental or <br /> regulator�authoril;y, or�ny private�a�•ty, that any��e�noval or othei•remedia�ion of any Haz�rdous Substan�e <br /> affecting the Property is necessar�, Borrower shall promptry ta1�e alI necessary remec�ial actions in <br /> accordance with Environmental Law. No�hing herein shall creat��n�oUligation on Lenc�er for ai1 <br /> Envirorunental Cleanup. <br /> Non-Uniform Covenants. Borrower�nd Lender coven�iit and�gree as Follows: <br /> 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to �ccelerltiou followiug <br /> Borrowei�'s brench of nuy covennnt or a�reement in this Security Listrt�ment(bnt not prior to <br /> ncceleratioii mider Section 18 iiuless Appliclble L�w provides otherwise). The notice shnll specify: (a) <br /> tlie defaYilt; (b) 'the aetion required to cure tlie default; (c) a clnte, iiot less than 30 days fro�n the date <br /> tlre notice is given to Boi•rower, by which the clefault must be cured; and(d) th�►t failure to cure tlie <br /> defnult ou or before the dnte specified in the iiotice mny result iu �ccelerntiou of the stuns secni•ed by <br /> tliis Secui•ity Insti•ument nnd s�le of the Property. Tlie notice sh�ll fin�fher inforni Borrower of the <br /> right to i°einstnte nfter lcceler�tion 1nd the right to uriug � court nction to lssert the non-existe�ice of n <br /> ciefRUlt or �ny other defeuse of Borrowei•to lcceler�tion nnd sRle. If tlie defaiilt is not cnred oii or <br /> before the dlte specified in tlie uotice, Lencler �t its optiom m�y require iimnedinte pRyinent in fnll of <br /> �tll sums securecl by this Secnrity Tnstrumeul withont fnrther dem�nd and m�y involce the power of s�le <br /> and �ny othcr remedies permitted by Applicnble L�w. Lender shnll be entitled to collect�11 expenses <br /> iucurred in parsnin� tlie remedies provided in this Section 22, inclndiug, biit not limited to, re�sonable <br /> nttoi�neys' fees :tnd costs of title evidence. <br /> lf the powei•of snle is iiivolced, Trustee sh�ll record� notice of aef�ult in encli cotuity in wliich any <br /> pnrt of the Property is loc�ted and shall m�il copies of such notice in the mauuer prescribed uy <br /> ApplicRble Law to 13orrowei•Rnd to tlie otlier persons prescribed by Applicnble Law. After tlie tinre <br /> reqiiirecl uy Applicnble L�w, Trustee sh�ll give public�rotice of sale to tlie persons and iu tlie m�nuer <br /> prescribed by Applicable Lnw. Trustee, without demand on Borrower, sh�ll sell the Propei�ty�t public <br /> nnction to tlie highesl;biclder ai the ti�ne and pl�ce nnd under t�ie terms designated in the notice of sale <br /> in one or more p�trcels �nd in 1ny order Trnstee deter�nines. Trnstee uiay postpone s;►1e of nll or �ny <br /> p�rcel of the Property by public nmioimcement at tlie time �ud place of nuy previously schednled sale. <br /> Lender or its desiguee mny piu�cliase the Property at�uy s�le. <br /> Upon receipt of pnyment of the price bid, Trnstee shall deliver to the ptu�chnser Trustee's deed <br /> conveying the Property. The recitals in tlie Trustee's deed shall be priml facie evideuce of the trutli of <br /> �he statenlents mndo thereiu. Trustee shall apply the proceeds of the sale in the following ordei: (;�) to <br /> �11 costs nud expeuses of exercising the power of sRle, nnd tlie sale, iucluding t11e pnyment of the <br /> Ti•ustee's fees actn�lly incitrred aud reasou�ble attorneys' fees Rs permitted by Applic�ble Law; (b) to <br /> all suins secui�ed by this Secut•ity Instrmnent; �nd(c) �ny excess to the person or persous leg�lly <br /> eutitled to it. <br /> 231234 <br /> NEBRASKA-Single Family-Fannle Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VM P O VM P6(NE)(1105) <br /> Wolters Kluwer Financlal Services Page�f4 of 17 <br />
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