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20120338� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that aze 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 />Bonower shall promptly give Lender written norice 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 L.aw of which Bonower has actual knowledge, (b) any Environmental <br />Condirion, including but not limited to, any spilling, leaking, dischazge, 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 affects the value of the Property. If Bonower 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 />affecting the Property 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 />Nan-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shati give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Inshvment (but not prior to <br />accel�astion under Seetion 18 unles.s Applicable Law provides otherwi,se). The notice shatl specify: (a) <br />the defau,lt; (b) the action required to cure the defavlt; (c) a date, not less t�ian 30 days from the date <br />the aotice is geven to Borrower, by which t6e default must be cvred; and (d) that faiivre to cure the <br />defa�lt an or befare the c�te specified in the notice may rese�It in a�eleration of t�6e sums secured by <br />t6is �CUrity I�ment and sa�e of � Pro�erty. The �Qtice s�atl furtHer inform Horrower of the <br />rig6t to reim4tate a� �cceler�tion and the rig6t to bring a eourt action to assert the aon-e�ence of a <br />defauit or anY ot�►er defe�se of �rrower to acceteratios �nd sale. If tbe default is not c�red o� ar <br />1�£ose �e date s�ecified � Rhe IIe►tiee, Len�er at its option �y require immediate payffiertt in fuli of <br />a� su� sec�aed by �isis Se�urBty �ment without f�rther demand and may invoke the power of sale <br />and any other remedies permitt� by Agglic�bte Law. Lender shall be entitied to collert all expeffies <br />incurred in gursuing t�e remedies grnvided in this S�tion 22, including, but not timited to, re�sonable <br />attorneys' fces and c�ts of title evidence. <br />If the power of sate is invoked, Tn� shall reeord a notice of defanit in eacb county in which any <br />par� of the Property is Tocated and shail mait copies of sucb notice in the manner prescribed by <br />Applica6le I.�w to Borrower and to the ot�er persons prescribed by Applieable Law. After the time <br />reguired by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescrebed by Applicable Law. Trnstee, without demand on Borrower, shall sell the Property at public <br />auMion 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. Trustee may postpone sale of all or any <br />parcei of the Pro�rty by public 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 receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dced <br />conveying the Property. The recitals in the Trustee's dced shall be prima facie evidence of the truth of <br />the statements made therein. Trustee 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 fces actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums s�ured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Famlly-Fannfe Mae/Freddie Mac UNIFORM IIVSTRUMENT Form 3028 1lOt <br />VMP � VMP61NE) (1105) <br />Wolters Kluwer Flnancial Serv�ces Page 14 of 17 <br />v , t <br />. � 7 �b o n � <br />