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�012oo75s <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of <br />the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall prompdy 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 <br />Substance or Environmental Law of which Bonower has actual knowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance <br />which adversely aff�ts the value of the Property. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance <br />affe,cting the Properly is necessary, Bonower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup. <br />IVon-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's br�ch of any covenant or agreement in this 5ecurity Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the defaWt; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by wtuch the default must be cured; and (d) that faiture to cure the <br />defrault on or before the date specifi�l in the notice may result in acceleration of the sums secured by <br />this Secvrity I�tr�ment a�d sale of the Property. The natice shall fnrther inform Borrower of the <br />rigi�t to rei�tate af�er acceleration and the right to bring a caurt action to assert tbe non-ea�stence of a <br />defautt or any ��r d�effie of Borrower to acceleration and sale. If t�e default is not cured on or <br />be.�'ore � date specifi� in t6e notece, Lender at its option may require immedis�e payment in full of <br />all sums sec�r� by t6i.4 Sec�rity Instrument withaut further demand and may invoke t�►e power of sa�e <br />aud any other semed'ies �ermitt� by Applicable Law. Lender shall be entitled to collect all expenses <br />inc�rred in gursuing the re�dies provided in this Section 22, including, but not limited to, reasonab�e <br />attomeys' fees and casts of title evidence. <br />If the power of sate � invoked, Tnbstee shall r�ord a natice of default in each county in wluch any <br />part of tBe Prnperty ic Ioc�ated and slzatl mail copies of such notice in the manner prescribed 6y <br />Apglicabte Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Tn�stee shall give public notice of sale to the gersons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public <br />auction to the lughest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trust� may postpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trust� shall deliver to the purchaser Trustee's deed <br />conveying the Property. The r�itals in the Trustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the procceds of the sale in the following order: (a) to <br />all costs and egpenses of exercising the power of sale, and the sale, including the payment of the <br />1�ustee's fee.s actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPB(NE) (71051 <br />Wolters Kluwer Financial Services Page 14 of 17 <br />