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201207948
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9/25/2012 8:51:41 AM
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9/25/2012 8:45:07 AM
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DEEDS
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201207948
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yP�: - ... . ' ����fe� <br />�0�.20`� <br />�o�.�o�o�� <br />sentences sha11 not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that are generally recognized to be approp�iate 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 investigation, claim, demand, lawsuit or other <br />acrion by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual knowledge, (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 leams, 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 Progerty is necessary, Bonower 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 />Rlon-Uniform Covenants. Bonower and Lender covenant and agr� as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Barrower's breach of any covenant or agr�ment in thbs Security I�ment (but not prior to <br />acceleration under Section 18 uniess Applicabl� La� provides oth�rwise). The notice shall specify: (a) <br />the default; (b} the action required to cure the defa�ilt; (c) a date, not less t�n 30 days from the date <br />the notice is given to Borrower, by which the defautt must be cured; and (d) that failure to cure rhe <br />detault on or �£or� the date specified in tbe notice may �esult in acceleratian of the sums secured by <br />tt�is S��rity Z�r�ment and s�e of t�e Property. T&e notice sbs�1 f�rt�er i�£orm Borrower of t6e <br />right �o reinstate after acceleration and the right to brisg a court actic�n to assert tbe non-existence of a <br />deg��t or any atT�r defemse of Borrower to acceZ�tio�e and sale. �f tbe defa�rlt is r�t cured on or <br />befose the date spe�fied in the notice, Lecuder �t its ogtion may reqinire immediate payment in full of <br />all s�nts secvred by this Security Instrument without Yur�her de�and and may ir�vo�e the power of saie <br />and any other re�uedies permitted by Applicable Law. Lender s� be entitkd to eolle.ct atl expense.s <br />incurred in pursuing the remedies provided in this Section 22, includiBg, but not limited to, reasaaable <br />attorneys' fees and costs of title evidence. <br />If the �x►wer of sale is utvok�l, Tnistee shall r�ord a notice of default in rach county in which any <br />part of the Property is located and shali mail copies of such notice in the ma�►ner pmscribed by <br />Agplicabie Law to Borrower aud to tbe other persons prescribed by Applirabie Law. After the time <br />required by Apglicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />grescribed by Applicable Law. Trustee, without demand on Borroveer, shalt sell the Property at public <br />auction to the highest bidder at the time and place and under the terms designat� 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 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 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 deed shall he 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 f�s actually incurred and reasonable attorneys' f�s as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the �rson or �rsons legally <br />entitled to it. <br />NEBRASKA-Single Family-fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/01 <br />VMP6WE1 (1105) <br />Page 14 of 17 <br />
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