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201204447
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Last modified
6/5/2012 4:28:24 PM
Creation date
6/5/2012 9:01:44 AM
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DEEDS
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201204447
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20120444� <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 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 lrnowledge, (b) any Environmental <br />Condirion, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any conc3ition caused by the presence, use or release of a Hazardous Substance <br />which adversely affects 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 />affecting the Property is ne��;essazy, Borrower 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 />Non-Uniform Covenants. Borrower and Lender c,ovenant and agre,e as foliows: <br />22. Acceleration; Remedies. �.ender shall give aotice to Btarrnwer grior to acceleration following <br />Borrower's breac� af any co�enant or aga�eeme�� in ti�is 5�urity Instn�ment (but not prior to <br />acceleration vnder Seetion l8 unless App�icahte Law grovides othe�ise).1'�e notiee sha11 specify: (a) <br />tt�e default; (b) the action required to cure t6� defauit; (c) a date, Bot Icss than 30 days frnm the date <br />the natice is given �o Borrower, by which the de€ault must be cur�; and (d) that failure to cure the <br />defau�t on or beffore the c�ate specified in the natice �y result in acceler�tion of the sums �ured by <br />this Se��rlty Ie�str�ment and s�te of the Pro�rty. �'tse noti�e shal� further �orm Borcower of 4i�e <br />right to reinstate after acxeleration �d the �t to bring a cour� action to assert tbe non-existence of a <br />default or any other defenSe of Borrawer to acceteration and sale. If the default is not cnred on etr <br />before the date spec�fi� in the notice, I.ender at its ogtion may requiFe immediate paymen� is €�10�' <br />atl sums sec�ed by 1�is Sec�rity I�.ch umex�t withont further demand and may �vake the po�er of saTe <br />and any other remr.dies permitted by Apgtieable Law. Lender shatl be entitled to collect all ezpenses <br />incurred in pursuing the remedies provided in this Se.ctiion Z2, including, but IIot limited to, r�sanabye <br />attorneys' fees and costs of titie evidence. <br />If the power of sate is invoked, Trustee s�l record a notice of def��t in each cauEnty in which any <br />part of the Property is tocrated and shatl mrail rngies of sucl� notice in the manner grescri6� by <br />Appiicable Law to Borrower and to the other persons prescribed by Applieable I.aw. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Ttvstee, withaut demand on Borrower, shall sell the Property at gublic <br />auction to the highest bidder at the time and place �nd under the terms designated in the notice o€ sale <br />in one or more parcels and in any order Trustee determines. Trust� may postpoae saie 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 grice bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying t6e Property. The recitals in the 1'rustee's de� shall be prima facie e�idence 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' 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-Sfngle Famtly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O7 <br />VMP p VMP61NE1 (1105) <br />Wotters Kluwer Financtal Serv(c� Page 14 of 17 <br />4 , , ^ , <br />
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