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201208395
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Last modified
7/20/2017 9:55:35 AM
Creation date
10/10/2012 8:54:06 AM
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DEEDS
Inst Number
201208395
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201208395 <br /> sentenc;es shall not apply to the presence, use, or s[orage on the Property of small quantities of Haaardous <br /> Suhstances that are generally recognized to be appropriate to normal residential uses and to maintenance of <br /> the Property(including, 6ut not limited [o, hazardous substances in consumer products). <br /> Borrower s6a11 promp[ly give Lender written notice of(a)auy investigation, claim, demand, lawsuit or other <br /> action by any governniental or regulatory agency or private party involving the Property and any Hazazdous <br /> Subs[ance or Environmental L.aw of which Borrower has actual knowledge, @) 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 condition caused by the presence, use or release of a Hazardous Substance <br /> which adversely affects the value of the Property. If Borrower leams, or is notified by any govemmental or <br /> regulatory au[hority, or any private parry, that any removal or other remediation of any Hazardous Substance <br /> affecting the Property is necessary, Borrower shall pmmptly take all ne�essary 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 wvenant and agree as follows: <br /> 22. Acceleration; Remedies. Lender shall give notice to Bonower prior to acccleration Following <br /> Borrower's breach of any covenant or agreement in this Secnrity Instn�ment(but not prior to <br /> acceleration under Section 18 unless Applicable Law provides atherwise). The notice shall specify: (a) <br /> the default; (6)the acNon required to cure the default; (c)a date, not lesa than 30 days from the date <br /> the notice is given ta Borrower, by which the default must be cured;and(d)that failure to cure the <br /> default on or before the date specitied in the notice may result in acceleration of the sums secured 6y <br /> this Security Instrument and sale of the Property.The notice shall farther inform Borrower oF the <br /> right ta reinstate after acceleration and the right to bring a court action to assert t6e non��stence of a <br /> default or any other defense of Borcower to acceleration and sale.If t6e default is not cured on or <br /> before t6e date specified in the notice, Lender at its option may require immediate payment in full of <br /> all sums secnred by this Security Lvstrument without further demand and may invoke the power of sale <br /> and any other remedies permitted by Applicable Law. Lender shall be eutitled to collect aIl expen.sev <br /> incurred in pursuing the remedies pravided in this Section 22, includiog, but not limit�l to, reasonable <br /> attomeys' fee.s aad costs of title evidence. <br /> If the power of sale is invoked, Trnstee shall record a notice of default in each comty in which any <br /> part of the Property is located and shall mail copies of such noNce in the manner prescribed by <br /> Applicable Law to Borrower and to the other�sons prescril�l by Applicable Law. After the time <br /> required by Applicable Law, 1�ustee shall give public noNce of sale to the persons and iu the manner <br /> prescri6ed by Applicable Law. Tn�st�, without demand on Borrower, shall sell the Property at pu6lic <br /> auction ro the highest bidder at the time and place and under the terms desiguated in the noGce 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 Pro�rty by public announcement at the time and place of any previously scheduled sale. <br /> Lender or its designce may purchase the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliva to the purchaser 1Yustce's dced <br /> conveying the Property.The recitals in the Trastee's dced shall be prima facie evidence of the truth of <br /> t6e statements made therein. Trnstee shall apply the proceeds of the sale in the followiug order. (a) to <br /> all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br /> Trnst�'s fces actually incurred and reasonable attorneys' fces as permitted by AppGcable Law; (b)to <br /> all sums secur�by this Security Instnweot; and (c) any excess to the person or pe�sons legally <br /> endtled to it. <br /> NEBflASKA-Single Family-Fanme Mae/Fretl0le Mac UNIFOFM INSTRUMENT Fo�m 3028 1/Ot <br /> VMP U9 VMPB(NE�(1105�.00 <br /> Wol[ere Kluwa�Financial Services Page 14 of 1] <br />
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