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201207499
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9/7/2012 3:41:27 PM
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9/7/2012 3:41:27 PM
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DEEDS
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201207499
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�4�2Q�49� <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 />�orrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regutatory agency or privafe party involving the Properly and any Hazardous <br />Substance or Environmental Law of which Borrower has actual laiowledge, (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 condition caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the value of the Property. If Bonower learns, or is notified by any governmental or <br />regulatory authoritic, or any private party, that any removal or other remediation of any Hazardous Substance <br />aff�ting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Envir,pnmental Law. Nothing herein shall create any obligation on L;ei�der for an <br />Environmental Cleanup. _ " <br />Non-Uniform Covenants. Bonower and Lender covenant and agree as follows: <br />22.� Ac�leration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />�o�wer's breac� of sny covenant or agreement in this Secnrity Inshvment (but not prior to <br />acceleration under Section 18 euiless Applicable Law grovides otherwise). The notice shall specify: (a) <br />t6e def��lt; (b) the actioa req�ired to cure the defauTt; (c) a date, not less than 30 days from the date <br />the �tice is given to �orrower, by w6ich t� default ��rst be cured; and (d) that failure to cure the <br />defauit on or before the date s�ciP�d in tbe notice may msult in acceteration of the sums secured by <br />t6is Securitx I�ment anti saYe af t6e Prmperty. T�e �tice sliail fi�rther inform Borrower of the <br />r�ght to reimstate �fter acceteration and t�e r�gbt to bring a eourt action to assert the non-e�stence of a <br />defauit or any o�6er def�nse of Basrow�- to acceleration aud sate. If the default is not cured on or <br />befor¢ tbe date specifieal nn the natiee, Lender at its optios may require immediate payment in full of <br />a� sums s�ured by tHis 5ecuritg I�ment v�it�o�t fitrther dem�and �d �nay invoke the power of sale <br />and any other remedies ger�itted 6y Agplicable Law. Lender shall be entitled to collect ail expenses <br />incurred in pursuing the remedies provided in this Section 22, inclvdi�, but not limited to, reasonable <br />attorneys' fces and costs of tit�e evidence. <br />T€ fhe power oi sa�e is invoked, �'�e sl� record a�otice of default in each coun�ty in w�icb any <br />part of the Property }s Tflcated amd sha1D maet eogics of suc6 notice in the manner prescribed by <br />Ap�ble Law to Borrower and to the utl�r persons grescribed by Applicable I.aw. After the time <br />required by Applicable Law, Trustee shall give public aotice of sale to the persons and in the manner <br />prescrib� by Apglieable Law. Tnistee, without demand on Borrower, shall sell the Property at public <br />auction to the highest bidder at tlie time and piace and under the terms d�ignated in the notice of sale <br />in oae or more parcels and in any ordsr Tntistee determines. Trust� may post�ne sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously scheduled 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 dced <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 exercising 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 />entitl� to it. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O7 <br />VMP � VMP6((VE) (1105) <br />Wolters Kluwer Financiel Services Page 14 of 17 <br />
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