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201205304
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Last modified
9/10/2012 2:38:51 PM
Creation date
7/2/2012 9:01:40 AM
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DEEDS
Inst Number
201205304
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20120530� <br />any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Bonower sha11 <br />promptly take a11 necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any <br />obligation on Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedi�. 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 acceleration under <br />Section 18 unle,ss Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by <br />which the default must be cured; and (d) that failure to cure the default on or before the date spe�ified in the <br />noNce may r�sult in acceleration of the sums s�ured by this S�urity Instrument and sale of the Property. The <br />notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court <br />action to assert the non-existence of a deFault or any other defense of Borrower to acceleration and sale. If the <br />default is not cured on or before the date specified in the noHce, Lender at its option may reqwtre immediate <br />payment in full of all sums s�ured by this S�urity Instrument without further demand and may invoke the <br />�wer of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to colle.ct all <br />expenses incurred in pursuing the remedies provided in ttus 5ection 22, including, but not limited to, reasonable <br />attorneys' f� and costs of title evidence. <br />If the power of sale is invoked, Trustee shall r�ord a notice of default in each county in wWch any part <br />of the Property is located and shall mail copies of such noNce ia the manner prescribed by Applicable Law to <br />Borrower and to the other persons pre.scribed by Applicable Law. After the time required by Applicable Law, <br />Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trust�, <br />without demand on Borrower, shall sell the Property at public auction to the lughest bidder at the time and <br />place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br />determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br />and place of any previously scheduled sale. Lender or its d�ignee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's d�d conveying <br />the Property. The r�itaLs in the Trustee's de� shall be prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the procceds of the sale in the following order: (a) to all costs and expenses <br />of exercising the power of sale, and the sale, including the payment of the Trust�'s fees actually incurred and <br />reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums s�ured by this Security Instrument; <br />and (c) any excess to the person or persons legally entitled to it. <br />23. R�onveyance. Upon payment of all sums secured by this Security Instrument, Lender sha11 request Trustee <br />to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally <br />entitled to it. Such person or persons sha11 pay any recordation costs. Lender may charge such person or persons a <br />fes for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered <br />and the chazging of the fee is permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument re,corded in the county in which this Secutity Instrument <br />is recorded. Without conveyance of the Property, the successor trustee sha11 succeed to a11 the title, power and duties <br />conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Bonower requests that copies of the notice of default and sale be sent to Bonower's <br />address which is the Property Address. <br />� <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DocMa c <br />Form 3028 1/01 Page 12 of 14 www.do�c.maa .com <br />Ne3028.dot.�l <br />
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