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201206813
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Last modified
9/10/2012 2:53:29 PM
Creation date
8/17/2012 8:47:45 AM
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DEEDS
Inst Number
201206813
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2012068�3 <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances 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 prompfly 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 Properiy and any Hazardous <br />Substance or Environmental Law of which Borrower has actual l�owledge, (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 learns, or is notif'ied by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazazdous Substance <br />affecting the Property is necessary, Bonower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall crea.te any obligation on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleretion; 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 Section 18 unless Applicable Law provid� otherwise). The notice shall specify: (a) <br />the defanit; (b) the action r�nired to cure the default; (c) a date, not l�s than 30 days from the date <br />the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date spec�ed in the notice may result in acceleration of the sums secnred by <br />this Security Instrument and sale of the Property. The notice shall fnrther inform Borrower of the <br />right to reinstate after acceleration and the right to bring a conrt action to assert the non-e�stence of a <br />defanit or any other defeffie 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 r�nire immediate payment in fnll of <br />all sums secured by this Secutity Inshvment without further demand and may invoke the power of sale <br />and any other remedi� permitted by Applicable Law. Lender shall be entitled to collect all espens� <br />incurred in pnrsuing the remedi� provided in this Section 22, including, bnt 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 connty in wluch any <br />part of the Progerty 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. After the time <br />required by Applicable Law, Trnstee shall give public notice of sale to the persons and in the manner <br />pr�cribed by Applicable Law. Trastee, without demand on Borrower, shall sell the Property at public <br />anction to the highest bidder at the time and place and nnder the terms d�ignated in the notice 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 previonsly schednled sale. <br />Lender or its designee may pnrchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trust�'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 espe� of ezercising the power of sale, and the sale, inclnding the payment of the <br />Trustee's fe� actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secnred by this Security Inshvment; and (c) any exc� to the person or persoffi legally <br />entitled to i� <br />NEBRASKA-Singla Family-Fannie MaelFraddla Mac UNIFORM INSTRUMENT Form 3026 1/01 <br />� e VMP6(NE) (17061.00 <br />Woltere Kluwar Financfal Servicae Paga 14 of 17 <br />
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