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201209435
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Last modified
7/20/2017 10:00:06 AM
Creation date
11/8/2012 4:55:20 PM
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DEEDS
Inst Number
201209435
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201209435 <br /> sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazazdws <br /> Substances thaz are generally recognized to be appropriate ro normal residential uses and to maintena�ce of <br /> the Property (including, but not limited to, hazardous substances in wnsumer products). <br /> Borrower shall promptly give Iznder written notice of(a) any investigation, claim, demand, lawsuit or other <br /> action by any govemmental or regula[ory agency or private party involving[he Property and any Hazardous <br /> Substance or Environmental Law of which Borrower has actual knowledge, (b)any Environmental <br /> Condi[ion, including but not limited[o, 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 Subs[ance <br /> which adversely affects the value of the Property. If Borrower learns, or is notified by ac�y 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 create any ohligation on Lender for an <br /> Environmental Cleanup. <br /> Non-Uniform Cavenants. Borrower and Lender covenant and agree as follows: <br /> 22. Acceleretion; Remedies. Lender shall give notice to Borrower priar to acceleration following <br /> Borrower's breach of any covenant or agreement in this Security Inslrumeut (but not prior to <br /> acceleration under Sec4iou 18 unless Appticable Law provides otherwise). The notice shall spectfy: (a) <br /> the default; (b) the action required to cure the default; (c)a date, not less than 30 deys From the date <br /> the notice is given to Borrower, by which t6e default must be cured; and (d)that failure to cure the <br /> default on or before the date speciffed in the notice may result in acceleration of the sums secured by <br /> this SecuriTy Inshvment and sale of the Property. TLe naNce shall further inform Borrower of the <br /> right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a <br /> default or any other defeose of Barrower 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 immetllate peyment in Full of <br /> all sums secured by this Security Lvstrument without further demand and may invoke the power of sale <br /> and any other remedies permitted 6y Applicable Law. Lender shall be enGtled to collec[all expenses <br /> incnrred in pursuing the remedies pmvided iu this Section 22, including, but not limited to, reasonable <br /> attorneys' fecs and costs of title evidence. <br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any <br /> part of the Property is located and shall roail copies of such notice in the manner prescribed 6y <br /> Applicable I,ew to Borrower and to the other persons prescribed by Applicable Law. After the time <br /> required 6y Applicable Law, Trustee shall give public notice of sale to the pecsons and in the manner <br /> prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public <br /> auction to the]vghest 6idder at the time and place and uuder the terms designated 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 armouncement at the time and place of any previously scheduled sale. <br /> Lender or its d�ignee may purchase the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to We purchaser Trustee's deed <br /> conveying the Property. The recitals in the 1Yvstee's deed shall be prima facie evidence of the truth of <br /> the statements made t6erein. 7Yustee shall apply t6e 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 ach�ally incurred and reasnuable attameys' fees as permitted by Applicable Law; (b) to <br /> all sums secured by this Security Instrument; and (c) any e�ecess to the person or persoos legally <br /> entitled to it. <br /> NEBFASKA-Single Family-Fannia Maeffretltlie Mac 11NIFOFM MSTRUMENT Form 3028 1/01 <br /> VMP� VMPBME)�1105L�0 <br /> WOIR�s Kluwer Financlal SBrvicea Page 14 011� <br />
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