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201210888
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Last modified
7/20/2017 10:06:41 AM
Creation date
12/21/2012 10:26:13 AM
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DEEDS
Inst Number
201210888
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201210888 <br /> sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazazdous <br /> Substances that aze generally recognized to be appropriate to normal residential uses and to maintenance of <br /> the Property(including, but not limited Eo, kiazardous substances in consumer products). <br /> Borrower shall promptly give Lender written notice of(a) any invesugation, cla.un, demand, lawsuit or other <br /> action by any governmental or regulatory agency or private party involving the Propetty and any Hazazdous <br /> Substance or Environmental Law of whiGh Borrower has actual lmowledge, (b) any Environmental <br /> Condition, including hut not limited to, azry spilling, lealdng, 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 Properry. Tf Borrower learns, or is noflfied by any governmental or <br /> zegulatory authority, or any private parry, that any removal or oTher remediation of any Hazazdous 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 obligation on Lender for an <br /> Environmental Cleanup. . <br /> Non-Unifiorm Covendnts. Borrower and Lender covenant and agree as follows: <br /> 22. Acceleration; Remedies. Lender shaII give notice to Borrower prior to acceleration folloa�ing <br /> Borrower's breaeh of any covenant or agreement in tlus Security Instrument(but not prior to <br /> accelerafion under Section 18 unless Applicable Law provides otherniseJ. 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 nofice is given to Borrower, by which the default must be cnred; and(d)that failure to cure the <br /> default on or before the date specified in the norice may result in accelerafion of the sums secured b3 <br /> tlus Security Inshlwient and sale of the Property. The notice shall further inform Borrower of the <br /> right to reinstate after acceleration and the right to bring a court acfion to assert the non-egistence of a <br /> defanit or any other defense of Borrower to accelerataion and sale. If the defxult is not cured on or <br /> before the date specified in the nofice, Lender aY its opfion may require immediate payment in f�ll o£ <br /> all sums secnred bp tlus Security Insh•nment n2thout further demand and may invoke the power of sale <br /> and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses <br /> incurred in pursuing the remedies prpvided in tLis Section 22, including, but not limited to, reasonabie <br /> attorneys' fees and costs of fltle evidence. <br /> If the power of sale is iavoked, Trustee shall record a notice of default in each county in which any <br /> part of the Property is located and shall mail copies of such notice in the manner prescribed by <br /> Applicable Law to Sorrower and to the otker gersons prescribed by Applica6le Law. After the�e <br /> required by Applieable Law, Trustee shall give public notice of sale to the persons and in the manner <br /> prescribed.by Applicable Law-. Trustee, without demand on Borrower, shall seIl the Property at public <br /> auction to the highest bidder 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. Trustee may postpone sale of all or xny <br /> parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br /> Lender or its designee 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 /> wnveying the Property. The recitals in the Trustee's deed shall be prima fxcie evidence oF the trufh of <br /> the statements made therein. Trustee shall apply the proceeds of the sale in the follo�ving ordeY: (a) to <br /> all costs and egpenses of exercising the power of sale, and the sale, including the payment of the <br /> Trustee's fees actuaIIy incurred and reasonable attorneys' fees as permifked by Applica6le Law; (b) to <br /> all sums secured bq this Security Ins[mment; and(c) any excess to the person or persons legallv <br /> entitled to it. <br /> zaooaoas <br /> NEBRASKASingle Family-Fannie MaelFreddie Mac UNIFORM INSTRpM ENT Portn 3028 1/01 <br /> VMP� VMPG(NEj('I�OS) <br /> W alters Kluwer Fnancial Servics Page 14 of 1 T <br />
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