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201207184
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Last modified
9/10/2012 2:54:44 PM
Creation date
8/29/2012 9:02:04 AM
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DEEDS
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201207184
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20.�2Q�7�_�� <br />sentences shall not apply to the presence, use, or storage on the Progerty 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, hazazdous 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 pariy involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual �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 condi�ion caused by the presence, use or relea.se of a Hazardous 5ubstance <br />which adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remedia,tion 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-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceteration; Remedies. Lender shall give notice to Borrowerprior to accelerationfollowing <br />Borrower's breach of any coveaant or agreement in this Security Instrument (bnt not prior to <br />acceleration under Section 18 unl�s Applicable Law provides otherwise). The notice shall sgecify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by wluch the default must be cured; and (d) that failure to enre the <br />defanit on or before the date speci£ied in the notice may result in acceleration of the sums secnred by <br />this Secnrity Instrnment 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-e�stence of a <br />default or any other defense of Borrower to acceleration and sale. Yf the default is not cnred on or <br />before the date sgecified ia the notice, Lender at its oplaon may r�uice iminediate payment in full of <br />all sums secured by this Security Inshvment without further demand and may invoke the gower of sale <br />and any othes remedi� permitted by Applicable Law. Lender shall be entitled to collect all e8pe� <br />incurred in pursuing the remedies provided in this 5ection 22, including, but not limited to, reasonable <br />attorneys' f� and costs oF title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in wluch any <br />patt of the Property is located and shall mail copies of such notice in the manner pr�cribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall gtoe public notice of sale to the gersoas and in the manner <br />pr�cribed by Applicable Law. Trustee, witltovt demand on Borrower, shall sell the Property at pnblic <br />anction to the highest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trnstee determines. Trustee may postgone sale of all or any <br />parcel of the Property by public annonncement at the time and place of any previously schednled sale. <br />Lender or its designee may pnrchase the Property at any sale. <br />Upon re�eipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />con�eying the Property. The recitals in the Trustee's deed shall be prims 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 gower of sale, and the sale, including the paymenE of the <br />Tnistee's fees actually inenrred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />ali sums secured by this Security Instrument; and (c) any excess to the person or gersons l�ally <br />en6tled to i� <br />NEBRASKA-Single Family-Fennia MaelFraddia Mac UNIFORM INSTRUMENT Form 3028 7/01 <br />VMP � VMP6(NE1117061.00 <br />Wolters Kluwer Finarxfal Servicas Page 14 of 17 <br />
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