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201207308
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Last modified
9/10/2012 2:55:08 PM
Creation date
9/4/2012 9:24:22 AM
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DEEDS
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201207308
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201207308 <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 Lender written notice of (a) any investigarion, 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 wluch Borrower has actual l�owledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, dischazge, 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 Bonower leams, or is notified by any governmental or <br />regulatory authority, or any private party, that any removat or other remediation of any Hazardous Substance <br />affe,cting the Property is necessary, Borrower sha11 promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein create any obligarion on Lender for an <br />Environmental Cleanup. ' � <br />Mon-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. AcceferatEon; RereTee�i�. Lender s�ll �ve notice to Borrower prior to acceler�tion followin�g <br />Bosaawer's bre��i of any cove�rant or agr�emeut in thbs Security �trument (but aot prior to <br />�eration �� �n lII �nless Aggli�able I.aw provides otherwise). �e noti�e shatl spec��y: (a) <br />the d�autt; (b) the �n �uired to cure t�e default; (c) a date, not less t� 30 days frnm t�e c�ate <br />t�e notice �ss given to �orrower, by which t�e def�ult must be cured; and (�) tbat faiivre to cure �e <br />def$uIt on mr 6efore 1� �ate speci�ed in �e Batice may r€s�t in acceleratie� of the sums sec�red by <br />� Security Imstr�t aud sale of the Pao�uerty. TGe notice slu�l further �or� �orrower of �ee <br />xig6t to r�iffibte �- ac��m asel the right �o bring a e�urt ac�ion �o �t t6e mon-e�t�ce of a <br />defa�t og �y �ther ci�e� oY Bortower to �cce�:ra�n and sal�. �f tae defauit gs �t cured am c�r <br />befor� t� eiate s� �n �he �ta�e, Le�er at � o�ti� �ay require �n��te �ayment i� full af <br />�1 su�s s�red �iy � �rity I�t v�t�tit Y�rtBer de�asd �nd �nay �nvs&c �e ��er �f �e <br />and any ot�►es reaiedies P�� �Y APP�ca@le Law. Lender shall be entitled to collect all <br />incurred in ��rs�i� �e remedies �rovi�ied in this See�ion 22, �nclvding, hvt not Iimited to, r�aE�Ie <br />attarueys' fces and �s af litle evidence. <br />If t�e �v�er ef saBe ��vo�ed, T� sTra�l a�rd a natice af defautt in � county in w� �e� <br />p�at of t�ze Properly iss toc�ted s�d s�l � copies of sue6 natice in �I�e �an�er grescribed by <br />Apglicable Law �o �oarov�er and to t�►e ot6er persans grescribed by ApgTicabie Law. Af�er t&e time <br />required by Agg�ble Law, Tr�stee shall give gubtic notice of sate to the persans and in the ma�nr�r <br />prescrebed by App�irable �.aw. Tn�stee, without demand on Borro�er, sha�ll sell tbe Property at public <br />auction to the hig6cst bidder at the time and place and under the terms designated in the notice of sale <br />in on� or more parcets and in any order Tn�stee determines. Trustee may postpone sale of all or any <br />�tarc�el of the Property by public announcement at the time and place of any gr�viously sched�led 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 Trustee's deed <br />conveying the Property. The recitals in the Trustee's de� shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the praceeds 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 secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Farm 3028 7l01 <br />VMP Q VMP6(NE) (1 7051 <br />Wolters Kluwer Financfal Servfces Page 14 of 17 <br />
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