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201204�20 <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 Properly (including, but not limited to, hazardous substances in consumer products). <br />Borrower 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 I.aw of which Bonower has actual lmowledge, (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 aff�ts 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 />Non-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 breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicabte Law prnvides otherwise). The notice shatl sg�ify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the natice is given to Borrower, by which the default must be cur�l; and (d) that failure to cure the <br />default on or before the date specified in the notice may resuit in aceeler$tion of the sums secured by <br />�eis Sect�rity Instreiment and sale of the Praperty. The notice shail £urther �nform �orrower of the <br />right to reimtate after acceleration and the rig6t to bring a court action to assert the non-e�isttence of a <br />d'efault ar any oti� defense of Borrower to acceleratioa and sale. If the default is �t cured an er <br />6efore the date specified in �iee notice, Lender at its ogtion may require imm�liate �yme�t i�n full of <br />all sums secu�d 6y t�.s Security I�treiment without further demand and may invoke the �w� of sa�e <br />and any other remedies permilted by Applicable Law. Lender shall be entitl� to collect all e.�penses <br />incutred in gursuing the remedies prnvided in this 5ection 22, imludinig, but not limited to, seasonable <br />attorneys' fees and costs of title evidence. <br />If the power of sate is invoked, Tr�stee shall record a notice of defa�t in each couBty in w�ich any <br />part of t6e Property is tocated and shall mail copies of such notice in tLe manner grescribed by <br />Applicable Law to Borrnwer and to the other persons prescribed by Applicable Law. Af'ter the time <br />required by Applirable Law, Trust� shall gi�e public notice of sale to the persons and in the manner <br />preseribed by Apglicable Law. Trust�, without demand on Borrower, shall sell the Property at public <br />auction to the highest bidder at the time and place and under the terms designat� in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of ail 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, Trustee shall deliver to the purchaser Trustee's dced <br />conveying the Property. The recitals in the Trust�'s de� shall be prima facie evidence of the truth of <br />the statements made therein.lYustee shall apply the procceds of the sale in the following order: (a) to <br />all costs and ex�nses of exercising the power of sale, and the sale, including the payment of the <br />Trust�'s fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums s�ur� by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Fannle Mae/Freddie Mac UNIFORM �NSTRUMENT <br />VMP � <br />Wokers Kluwer Financial Services <br />Farm 3028 1 /O1 <br />VMPB(NE) (1105) <br />Page 14 of 17 <br />, � ., � . � <br />