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2012U1060 <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that aze generally rec;ognized to be appropriate to normal residenrial uses and to ma.intenance of <br />the Property (including, but not limited to, hazardous substances in consumer products). , <br />Bonower shall promptly give Lender written notice of (a) any invesrigation, claim, demand, lawsuit or other <br />acrion by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual lmowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, dischazge, release or threat of release of any <br />Hazardous Substance, and (c) any condirion caused by the presence, use or release of a Hazardous Substance <br />which adversely aff�ts the value of the Property. If Bonower learns, or is norified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediarion of any Hazardous Substance <br />affecting the Properiy is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any abligation on Lender for an <br />Environmental Cleanup. <br />Nort-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. /ac�elera�ion; Remedies. Lendes shatl give notice to Borrower grior to acceleration following <br />�orro�er's bae�6 of mny covenaat or agreement in thic Security Tnstrument (but nat priar to <br />aecelera�ion un�er Se�tion IS untess Applicahle I,aw provides othervvise). The notice silall specify: (a) <br />ffie defaul� (b) t�ie actioa s�uired to cure the default; (c) a�te, ns� lcss t1�w 311 �ays frosn the date <br />the notice is geven to Borcower, by wi�ich the default must i� cured; and (d) that failure to cure the <br />defanit aa or l�ore tfie cTate sPecified in t6e aoti�e maY resurlt i� ac�eteaati�n of the sums secured by <br />this 5ecurity I��t aud sa[e oi� the Pro�rty. 7`i�e notiee shaii �sther i�eform Borrower of the <br />rigi�t to re�te after acceleratian $nd the rigi�t to bring a coelrt acti�n to assert the non-effistence of a <br />de�ault or t�ny dther defen.se o! Borrower to a�eleration and s�te. I�f t�e defautt is �ot c�d on or <br />before the cFate �ifi� �n �e notice, I.ender at its option may rec�uire immediate paymest in fiill of <br />�}l st�ms secure� 6y this Security Tnshvs►ent without furtl�r deman� and may invoke the pawer of sate <br />aIId �ny ot�►er� r�edies permitted by ApplicabTe Law. Lender shall � entitled to collect all expensess <br />incurrecY in gvrsuing the rem�ics prnvided in this Section 22, inctuding, but not iimit� to, reasonable <br />attorneys' f�s and cost�s of title evidenc:e. <br />It the �v�er of saie is invoked, Tn�st� shal! r�ord a notice of defaul8 �n each county in vrhic6 any <br />part of the Pro�rty is I�ted and shali mai� copies of such aotice in the manner grescribed by <br />Agpiicable Law to Borrower and to the other persons prescrit�ed by Apglicable I.aw. After the time <br />req�ir� by Apglicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />�rescribed by Applicabls Law. Trust�, without demand on Borrower, shalt sell the Property at gublic <br />auction to the Iiighest bidder at the time and place and under the terms designat�l in the notice of sale <br />in one or more garcels and in any order Trustee determines. Trustee may postpone sale of all or any <br />parcel of the Pcoperty by publ�c announcement at the time and place of any previously scheduled sale. <br />Lender or its design� may purchase the Property at any sale. <br />Upon r�eipt of payment of the price bid, Trust� shall deliver to the purchaser Trust�'s deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trust� shall apply the proceeds of the sale in the following order: (a) to <br />all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's Fees actually incurred and reasonable attorneys' fces as �rmitted by Applicable Law; (b) to <br />all sums secured by this 5ecurity Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Fennie Mae/Freddie Mec UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPB(NE) (11051 <br />Wokers Kluwer Financial Services Page 74 of 7 7 <br />�. � <br />