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201206�4i <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />5ubstances that are 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 />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 Properly and any Hazardous <br />Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, 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 Borrower leams, or is notified by any govetnmental or <br />regulatory authority, or any private parly, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, 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-UnlfornlCovenants.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 (bnt not prior to <br />acceleration nnder Sectaon 18 nnless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action reqnired to cure the defaalt; (c) a date, not less than 30 days irom the date <br />the notice is given to Borrower, by which the default mnst be cured; and (d) that failure to cure the <br />default on or before the date speciTied in the notice may result in acceleration of the sums secured by <br />tlus Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-egistence of a <br />defanit or any other defense of Borrower to acceleration and sale. If the default is not cnred on or <br />before the date specified in the notice, Lender at its option may require immediate payment in full of <br />all sums secnred by tWs Secnrity Instrament without further demand and may invoke the power o! sale <br />and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all ezpenses <br />incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable <br />attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any <br />part of the Properly is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. Ai'ter the time <br />required by Applicable Law, Trnstee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trastee, without demand on Borrower, shall sell the Property at public <br />auction to the Wghest bidder at the time and place and under the terms designated in the nolice of sale <br />in one or more parcels and in any order Trnstee determines. Trustee may postpone sale of all or any <br />parcel of the Property by public annonncement 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 pnrchaser Trustee's deed <br />conveying the Properly. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trastee shall apply the proceeds of the sale in the following order: (a) to <br />all costs and ezpenses of ezercising 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 secnred by this Security Instrament; and (c) any egcess to the person or persons legally <br />entitled to it <br />NEBRASKASingle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fortn 30281/U1 <br />VMP � VMPB(NE) (1105).00 <br />Woltars Kluwer Financial Services Pege 14 of 17 <br />