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201206841
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8/20/2012 8:11:04 AM
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8/20/2012 8:11:03 AM
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DEEDS
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201206841
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20�2�6�4� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities 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 I.�nder written notice of (a) any investigation, claim, demand, lawsuit or other <br />acrion by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental <br />Condirion, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condirion 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 govemmental or <br />regulatory authority, or an}t private party, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, Bonower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Enviranmental Cleanup. <br />Non-�Jnifarm Covenants. Bonower and Lender covenant and agree as follows: <br />22. Acceteraticsr�: Remedies. Lender shaU give notice to Borrower prior to accei$ration fo�toww�ng <br />Borrow�r`s Er�ch of any cave�nt or ragr�ent in this Securety Ims�r�ffieu� (but �t prior to <br />ac�eratiun �scl�r Se�dion Y8 unless A��p�eabie I.aw grovides ot�erwi�e). The notic� sha�I specify: (a) <br />tbe def�uih (F�} t6e acti�n required to ��re �he defau,it; (c) a date, not tes�s than 30 days frnm t�e date <br />th� aotise is given te� Barco�+er, by w�icb the defa�lt �t�st be cuced; and (d) that failnre tc� cure the <br />de�a�t o� or I�Sore tbe �e s��d in the natice may rese�t i�e ac�teratio� of tbe sums sec�s� by <br />tfiis �urity B��t �d sale of the �'ratperty. �e �otice sh�il f�rtltea ieefarm Bonrowex af the <br />�t to reim�t$te a�ter acceleration and t� r�ght to 6ring a co� action to �ssert �1►e non-ezistence of a <br />defa�lt or an�* ot.�- d�emse oi �orrov�er to aceel�rati� asd saie. If t�e d�fa�ilt �ss Bot cured on or <br />befare the date s�ed in t�e notice, Lender at its ogtio� may c�q�ise iffi�iiate gayment in full of <br />al� sums s�ured by t6is Seeurity Instrument v�ithoe�t fi�rt6er de�nd �rzd r�ray �vake the power of sale <br />and any other ��ies �itted by Apg�icable Lav�. Len:ter shail be enti�led to collect atl expenses <br />incurred in gussi±i� the rernedies provided in this 5ection 22, including, but not limited to, reasonaBte <br />attorneys' f�es �nd cos�s of dtle evidence. <br />I� ffie power of �Ie � invo��l, Tr�st� sha11 reeord a notece of default in � cov8ty in whicb aay <br />pa�t of t6e P�c►perty is locatec� and shall maii copies of such notice in �►e �auner grescribed hy <br />Applicable I.aw to Borrawer and to the otber perso� prescribea by Apglieable Law. After the time <br />required by Appli�able I.aw, Trust� shall give public notice of sate to the personS and in the manner <br />prescribed by Applicable I.aw. Tnfstee, without demand on Barrower, shall sell the Property at public <br />auction to the lughest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in auy order Trustee determines. Tn�stee may postpome sale of all or any <br />parcel of the Property by public announcement at the time and place of any previo�sly scbeduled 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 purchaser �rustee's deed <br />conveying the Property. The r�itals 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 expenses 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 s�ured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Sirtgle Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O1 <br />VMP Q VMP6(NE) (1105) <br />Wolters Kluwer Financial Servic� Page 74 of 17 <br />
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