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201206538
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Last modified
7/20/2017 9:45:25 AM
Creation date
8/8/2012 8:38:51 AM
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DEEDS
Inst Number
201206538
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201206538 <br /> sentences shall not apply to the presence, use, or s[orage on[he Property of small quantities of Hazardous <br /> Substances that are generally recognized to be appropriate to norn�al residential uses and to maintenance of <br /> the Property(including, but not limited to, hazardous substances in consumer produc[s). <br /> Borrower shall promptly give Lender written notice of(a) any investigation, claim, detnand, lawsuit or other <br /> action by any governmental or regulatory agency or private parry involving the Properry and any Hazardous <br /> Substance or Environmental Law of which Borrower has actual Imowledge, (b) any Environmental <br /> Condition, including bu[not limited w, any spilling, leaking, discharge, release or threat of release of any <br /> Hazardous Substance, a�d(c) any condition caused by the presence, use or release oF a Hazardous S�bstance <br /> which adversely afFects the value of the Property. If Borrower leams, or is notified by any governmental or <br /> regulatory authority, or any private par[y, that any removal or other remetliation of any Hazardous Substance <br /> � afFecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br /> accordance with Environmen[al Law. Nothing herein shall create any obligation on L.ender for an <br /> Environmentai Cleanup. <br /> Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br /> 22. Accaleration; Remedies. Lender sLall give notice to Borrower prior to acceleration following <br /> Borrower's breach of any covenant or agreement in tltis Security 7nstrument(bnt not prior to <br /> acceleration under Section 18 unless Applipble Law provides otherwise).The notice shall specify: (a) <br /> the defaWt; (b)the action ret�uired to cure fhe default; (c)a date, not less than 30 days from the date <br /> the notice is given to Borrower, 6y wluch the default must be cured;and(d)that failure to cure the <br /> default on or 6efore the date specitied in the notice may result in acceleration of the sums secured by <br /> this 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 caurt action to as�rt the non�adstence of a <br /> default or any other defense of Borrower to acceleraUon and sale. If the default is not cured on or <br /> before the date specified in t6e natice, Lender at its option may require immediate payment in full of <br /> all sums s�ured by tltis Security Instn�ment without further demand and may invoke the power of sale <br /> and aoy other remedies permitted by Applica6le Law.Lender shall be entitled to wllect all expenses <br /> incurred in pursuing the remedies pmvided in this Section 22, including, but not limited to, reasonable <br /> attomeys' fees and costs of title evidence. <br /> If the power oF sale is invoked, Trustee shap record a noHce of default in each county in which any <br /> par[oF the Pro�rty is located aud shall mail copics of such notice in the manner prescribed by <br /> AppGcable 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 af sale to the petsous and in the manner <br /> prescribed by Applicable I.aw.Trustee, withoat demand on Bonawer, shall sell the Property at pubGc <br /> auctian to the Lighest bidder at the time and place and mder the terms designated in the notice of sale <br /> in one or more parceLs and in any order Trust�determines. Trast�may postpone sale oF all or any <br /> parcel of the Property by public annoimcement at the time and place of any previously sc6eduled sale. <br /> I,ender or its designee may pnrchase the Property at any sale. <br /> Upon receipt oF payment of the price bid, Trustee shall deliver to the pu*ohn�r Trastce's deed <br /> rnnveying the Property. The r�itals in the Trustee's dced sha116e prima facie evidence of the truth of <br /> the statements made t6erein. ltustee sLell apply the procceds of the sale in the following order: (a)to <br /> all costs and e�penses of exercising the power of sale, and the sale, inclnding the payment of the <br /> 1'rustee's fces actually incurred and reasonable attomeys' fces as permitted by Applicable Law; (b) to <br /> all sums secnred by this Security Instrumeut;and(c) any excess to the person or peasons l�ally <br /> entitlerl to it. <br /> NEBRASKA-Si�le Family-Fannie MaeffreGOia Mac UNIFOFM INSTPUMENT Fortn 3028 1101 <br /> VMP� VMPB(NEI(1105).OA <br /> Wottars Kluwer Financiel Services Page 14 ofi 1] <br />
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