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201209534
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201209534
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Last modified
7/20/2017 10:00:51 AM
Creation date
11/14/2012 10:40:17 AM
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DEEDS
Inst Number
201209534
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201209534 <br /> sentences shall nOt apply to the presence, use, or starage on the Property o£small quanUties of F3azardous <br /> Substances that are generally xecognized to be appropriate to normal residenflal uses and fo m�ntenance of <br /> the Properry(including but not limited to, hazardous substances in consumer products). <br /> Borrower shall protnpfly give Lender writcen notice of(a) any invcstigation, claim, dcKnand, lawsuit or oflier <br /> action by any govemmcntal or regulatory agency or private party involving the Properry and any Hazazdous <br /> Substance or Environmental Law of which Borrower has actual knowledge, (U) any Environmental <br /> Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br /> Hazazdous Substance, and(c) any condition caused by the presence, use or release of a Hazazdous Substance <br /> which adversely affects the value of the Prop�ty. If$orrower leazns, ox is notified by any gouemmental or <br /> regulatoay authority, or any private parry, that any removal or othzr ramediation of any H�zazdous Substazice <br /> affecting the Proper[y is nzcessazy, Borrower shall pxompdy take all necessary remedial aetions in <br /> accordance with Fnvironmental Law. Nothing herein shall create auy 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 noffce to Aorrowcr prior to accelerarion following <br /> Borrower's breach of any eovenxnY or agreemenE in this Secure#y Instrument(bnt not prior to <br /> accelerafion i�nder SecUou 18 unless Applicable Law provides otherwise). The no6ce sha4 specify: (a) <br /> t�e default; (b) the action rCquired to enre the default; (c) a daYe, not less than 36 dNys from the date <br /> the notice is given to Borrower, by wluch tlte default must be cvred; and(d)that failure to eure the <br /> default on or before the date specified in the notice znay result in aceeleration of the sums secured by <br /> tlris Security Instrument and sale of the Property. The notice shull further inform Borrower of the <br /> right to rcinstate after acceleration and thc rigkt to bring a court action to assert the non-esistence of a <br /> default or any other defense of Borrower to accelerafion and sale. If the default is not cured on or <br /> before the date specified in the notice, Lender at its opfion may require immediate payment in full of <br /> all sums secured by tlus Security Insli ument without fiu Wer demand and may invoke the power of sale <br /> and any other remedies permitted by Applicable La��. Lender shall be en6tled to collect ati expenses <br /> incurred in pursuing the remedies provided in tlus Seefion 22, including, bnt not limited to, reasonable <br /> attomeys' fees and costs of title evidence. <br /> If the power of sale is invoked, TYustee shall record a nofice of default in each eounty in which auy <br /> pxrt of the Property is located and shall maii capies of such notice iu the manner pxescribed by <br /> Applicablc T.aw tp Borrower and to the other persous prescribed bq Applicable Lave. After the time <br /> required by Applicab4e Law, Trustee slnall give public uotice of sale Yo the persons and in the manner <br /> prescribed by Applicable Law. Trastee, without demand on Borrower, shall sell the Property at public <br /> auction to 4he highest Uidder at the time and place and.under the terms designated in the notice of sale <br /> in one or more parcels and in any order Trustee determines. Trustce may postpone sale o£all or ttny <br /> parcel of the Property by public announcement at the ti�lte and plxce of xny previonsly 8cheduled sale. <br /> Lender or its designee may purchase fhe Property xt any sale. <br /> IIpon receipt of payment of the price bid, Trnstee shall deliver to the pnrchaser Tnstee's deed <br /> eonveying the Property. 'Yhe recifals in the Trustee's deed shall be prima facie evidence d$the tnith of <br /> the atatements made therein. Trustee shall apply the proceeds of tlie sale in the following urder: (a} to <br /> all costs and eapenses of exercising the power of sale, and the sxle, including the pa3went of Lhe <br /> Tr�stee's fees actually fncurrcd and reasonable attorneg�s' fees as permitted by Applicabie Law; (b) to <br /> all sums secured by this Securit}�Instrument; aud(c) any excess to the persan or persons legally <br /> entitled to it <br /> zaaoz�ao <br /> NGBR'vSKA-SingleFamily-Fanniel.4aelFretldieMacUiJIFOR1r11N5TRl1MENT , Form3028t1�1 <br /> VM P Q VM P6(NE)f1105) <br /> 'lJoltero Kluw er Fnancial Svvices Page f4 of i P <br />
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