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201205033
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Last modified
6/28/2012 4:23:00 PM
Creation date
6/22/2012 9:00:30 AM
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DEEDS
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201205033
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2o12a5o3� <br />sentences shall not apply to the presence, use, or storage on the Property of small quanrities 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 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 laiowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, lealdng, 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 5ubstance <br />which adversely affects the value of the Property. If Bonower leams, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other rem�iiarion of any Hazardous Substance <br />aff�ting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental Iaw. Nothing herein shall create any obligarion on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Qccasleration; Remedies. LeBder shall give notice to Barrower prior to acceleration followiag <br />Borrower's breaeh of any cove�nt or agreement in tZ�is Secwity Instniment (but not prior to <br />acceleration under Section YS �le� Applirahle Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 311 days from the date <br />the natice is given to Borrower, by wluch the defauit me�st 6e cured; and (d) that faiiure to cure the <br />ete�'ault on or b�ore ti�e d$te spec�f'md in the mo�ice may result in acceleration of t�e sums s�ured by <br />t�is 5eeurity Imstraffient and sate of the Property. The mutice shall further infarm Borrovver of the <br />right to reinstate after acceleration �nd the right to bri� a court action to a�ert the noa-e�stence of a <br />default or any otHer defense of �orrower to acceleration aud sale. If the defauEt is not cured on or <br />before the date specif'ied in the notice, Lender at its ogtion may r�gu�e immediate �ysnent in fuE� of <br />aU se�ms securecl by this 3ecusity I�strumen� wit�t f�h�r demand and may �vake t�e power 0P sate <br />and any other remedies permitt�d by Applicable Law. Lender shail be entitied to collect aU ex�s�s <br />ineurred in purs'�?n� the remedies prnvided in this �etion 22, including, hut not Iimited to, reasonable <br />attorneys' fces and costs of title evidence. <br />If the power of sate is invoked, Trustee shall recc►rcl a�tice ot default in eac� cc��ty in which any <br />part of the Properiy is located and s�tatl mail cagies of s� notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the perso� and in the manner <br />prescribed by Applicable Law. Trust�, without demand on Borrower, shall �ll the Property at public <br />auction to the highest 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 Trustce determines. Trustee may postpone sale 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 price bid, 7�ust� shall deliver to the purchaser Trustee'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. Trustee shall apply the proceeds of the sale in the following order. (a) to <br />all costs and expense.s of exercising the pc►wer of sale, and the sale, including the payment of the <br />Trustee's fee.s actually incurred and reasonable attorneys' fees as permitt� 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 Family-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />VMP � <br />Woltera Kluwer Financial Services <br />Form 3028 1 /01 <br />VMP6(NE) (1105) <br />Page 14 of 17 <br />
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