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201207799
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Last modified
10/10/2012 10:19:00 AM
Creation date
9/21/2012 8:27:05 AM
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DEEDS
Inst Number
201207799
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�0�207799 <br />sentences shall not apply to the presence, use, or storage on the Properly 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 />Borrower shall promptly give Lender written notice of (a) any invesdgation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private parly involving the Properly and any Hazardous <br />Substance or Environmental Law of which Borrower has actual l�owledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or ttueat 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 Properly. ff Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation 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 crea.te any obligation on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration nnder Section 18 nnl�s Applicable I.aw provid� otherwise). The notice shall specify: (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 wWch the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the no�ce may result in acceleration of the sums secnred by <br />this Security Instrument and sale of the Progerty. The notice shall further inform Bonower of the <br />right to reinstate after acceleration and the right to bring a conrt action to assert the non-e�stence of a <br />defanit or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its option may require immediate payment in fnll of <br />all sums secured by this Security Instrument withont further demand and may invoke the gower of sale <br />and any other remedies permitted by Applicable Law. I.ender shall be entitled to collect all expenses <br />incurred in pursuing the remedies provided in this Section 22, inclnding, bnt not limited to, reasonable <br />attorneys' fe� and costs of title eoidence. <br />If the power of sale is inooked, Trustee shall record a no6ce of defanit in each countq in wluch any <br />part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribedl by Applicable Law. After the time <br />r�nired by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />pr�cribed by Applicable Law. Trustee, withont demand on Borrower, shall sell the Property at pnblic <br />suction to the high�t bidder at the time and place and under the terms d�ignated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any <br />parcel of the Progerty by pnblic announcement at the time and place of any preoiously schednled sale. <br />Lender or its d�ignee may pnrchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />con�eying the Property. The recitals in the Trnstee's deed shall be prima facie evidence of the trath of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to <br />all costs and espens� of esercising the gower of sale, and the sale, including the payment of the <br />Trustee's fe� actnally incurred and reasonable attorneys' f�s as permitted by Applicable Law; (b) to <br />all sums secnred by this Secnrity Instrament; and (c) any excess to the person or persons legally <br />entitled to i� <br />NEBRASKA•Sl�le Family-Fannia Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O7 <br />VMP � VMP6INE) 111061.00 <br />Wolters Kluwar Fir�ncial Servicas Page 14 of 17 <br />
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