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201204899
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Last modified
6/28/2012 4:22:29 PM
Creation date
6/19/2012 8:49:41 AM
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DEEDS
Inst Number
201204899
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201204899 <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 limite� to, hazardous substances in consumer products). <br />Bonower shall promptly give Lender written notice of (a) any invesrigation, 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 l�owledge, (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 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 />aff�ting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing �erein shall create any obligation on Lender for an <br />Environmental Cleanup. <br />Won-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceteration; �iemedies. Lender shall give notice to Borsower prior to acceleration following <br />Borrawer�s bteach of any covenant or ragreement in th�s Securit� Instrument �t nvt prior to <br />�cceleration under Secfaian I8 untes�s Applicabie I.aw �rovides ott�erwise).1'he notice shall specify: (a) <br />the defautt; (b) the action r��ired to cur� the default; (c) a date, uot less than 3f1 days from the date <br />t6e notice is given to Borrower, by w�eich tbe def�ult m�st be euo-red; and (d) that taiture to cure the <br />d��uTt on or before �fie date specified in the notice m�y c�.sult in a�cd�atioie af t�e sums secured by <br />t�is Security I�ment �nd sale af �he P�operty. The notice shall �sEher i�f'esm Sarrov�er of the <br />rig�,t to reim4tate af� a«:�lerahon and the Figk,t t0 6r;mg a c�rt a�n �o a�t t�e nog-e�scence of a <br />defauit or a�� ether defe� of Borrower to ac�ter�tion and s�te. If �e defauit is not cured on or <br />before the date sp�fiEd in t�e natice, Lender at its ogtion mray r�vire immediate p�ayruent in full of <br />� sums se.�ured by tbis �rity �ment we�ho�t further demand and �ay invoke the power of saie <br />and �ny other remedies �itted by Apptic�eble Law. Lend'er s�iail be enti�tie� to rnllect �TI expenses <br />incurred in pursuing �e re�edies grovide�l in ��Ction 22, including, but uot timited to, reasonaBle <br />attorneys' fee.s and c�ts of �itle evidence. <br />If the power of sate is r�voked, Trustee sha�l r�rord a Botice a� cief$utt in � eor�ty in wluch any <br />gart of tI� Property is Tocated aad st�all maii rngies of such notice in the �anaer gsescribed by <br />Agg}icable Law to Borrowter aad to the other persom4 g�eseribecl by A�slieabf$ E.aw. Afi�er the time <br />req�ired by t�,pgticabie Law, �ustee shall give public notice o€ saYe to thc pea�soffi and in the ma�ner <br />grescrib� by App�icable Law. Trustee, without demand on Borrower, shall se}1 the Property at public <br />a�ction to the highest bidder at the time and glace and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trust� determines. �rustee may postpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously sch�duled sale. <br />I.ender or its designee may purchase the Property at any sale. <br />Upon r�eipt of payment of the price bid, Trustee shall deliver to the purcbaser Trustee's de�l <br />conveying the Property. The r�itals in the Trust�'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 expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fee.s actually incurred and reasonable attorneys' fces as permitt� by Applicable Law; (b) to <br />all sums s�ured by this S�urity Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O7 <br />VMP � VMP6WE1 (1105) <br />Wolters Kluwer Financial Services Page 14 of 17 <br />
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