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201207005
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8/24/2012 8:33:18 AM
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8/24/2012 8:33:17 AM
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DEEDS
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201207005
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�0�2Q700� <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 noxmal residential uses and to maintenance of <br />the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower sha11 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 Property and any Hazardous <br />Substance or Environmental Law of which Bonower 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 actversely affects the value of the Property. If Borrower learns, or is norified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance <br />affecring the Property is necessary, Borrower shall promptly take all necessary remedial acrions in <br />accordance with Environmental I.aw. Nothing herein shall create any obligation on Lender for an <br />Eavironmental Cleanup. <br />Nc�ne-IJRifioRm Ce�venants. Bortower and Lender covenant and agr� as follows: <br />22_ A�e[eratiw►; Rerrredaes. Leader shall g�ve notice to Borrower prior to �celeration following <br />Hatrsower's 6reacb of any eovenant or agr�ement in this Security I�ment (6ut not prior to <br />�erati�n under Sec�ioe �8 �e� Applicable Law pro�i�es otherwbse). The notice shall specify: (a) <br />t�e def��it; �b) tire a�ion reguired to eure t6e defa�it; (c) a�te, not le�s t�an 30 days from the date <br />�e �tice � given to �orro�er, by whecfi the defa�it must be cure�l; and �d) �t �ailure to cure the <br />defa�tt mn �r b�foae ffie date speci�ed in the �otice a�y aesult in acceleratian of the su�s sec�red by <br />� Seetirity I�m�t asd sate of ti�e Property. Ths natice shaU furt�er immform Borrower of t&e <br />si�t bo ceinstate a� acceteration and t6e right to bri� a court acfion to �ert the Bon-�stence of a <br />defa�t or an�r at�er c�er�e of �aarower to acceleration and sale. If the deSauZt is mot eured on or <br />be�ore t� date spe�iE'ied is ti�$ Sotice, Lender �t its option �ay �reqt�ire im�eediate pay�ent in fi�ll of <br />r�tl sums se�red by � Sec�rity Inst�ment wit�out �r�rt�er demand a�eei s�y nmvot�e t�e power of sale <br />aad any ot�ter reme.�'ies �esmit� by Agpticabte Law. Lender shall be entitied to �lect all expense.s <br />iacurred ire gursuing E�e seme�ies provided in this Sec�ion ZZ, includi�, bnt sat timite�l to, reasonable <br />attorneys' fees and c�ts of titie evideBCe. <br />� the pov�er of s�e i4 invoke�l,l�t� sB�all secF�rd a aatice of defau�t in each cou�ty in which any <br />p�rt of � Pcoper�y is toc�t�d a�d shall mail eopies of suc� notic@ in �LLe manner prescribed by <br />Ag�tlicabie Law to Barrower �d to the otber persons grescribed by Aggiicable Iaw. After tize time <br />��ired by Apglica6Te Law, Tn�st� shall give public notice of sale to t6e perso� and in the manner <br />prescrii�i by AgplicaBie Law. Trustee, without demand on Borrower, shall sell the Property at public <br />suction to �►e highest bidder at the time and place and under the terms c?esignat� in the notice of sale <br />in one or more parcels and in any order Tmstee determines. Trustee may postpone sale of all or any <br />parcel of tlse Property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its design� may purchase the Property at any sale. <br />Upon receigt of payment of the price bid, Trustee shall deliver to the purchaser Trustee'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 procceds of the sale in the following order: (a) to <br />all costs and egpenses of exercising the power of sale, and the sale, including the payment of the <br />Trust�'s fees actually incurr� 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-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/Ot <br />VMP 0 VMP6(NE) 11105) <br />Wolters Kluwer Ffnancial Services Page 14 of 17 <br />
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