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201211196
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Last modified
7/20/2017 10:08:40 AM
Creation date
12/31/2012 10:48:55 AM
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DEEDS
Inst Number
201211196
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201211196 <br /> sentences shall not apply to the presence, use, or storage on the Prope=-ty of small quantities of Hazazdous <br /> Substances that are generally reeogiized to Ue appropriate to normal residential uses and to maintenance of <br /> the Property(incluciing but not limited to, hazardous substances in consumer producis). <br /> Borrower shall prdmpfly give T.ender written notice of(a) any investigation, clauri, demand, lawsuit ox other <br /> acfion by any goverxunental or regulatory agency or private party involving the Property and any Hazardous <br /> Substance or Environmental Lav✓of which Bozrqwer has actuz]lmowledge, (b) any EnviranmenTal <br /> Condition, inclu�g but not limited to, any spilling, lealang discharge, release or threat of release of any <br /> Hazardous Substance, and(c) any condition caused by the presence, usc or rzlease of a Hazazdous SuUstance <br /> which adversely affects the value of the Prope=ty. If Borrower le2n�s, or is notified by any govenunenfal ar <br /> regulatory aathority, or any privatc par[y, that any removal or othcr remediaUon of any Hazazdous Substauce <br /> affectmg flae Properry is neceSsary, Barrower shal;prompfly take all necessary remedial actions in <br /> accordance with Environmental Law. Nothing hereia sha1I creaTe any obligation on Lender for an <br /> Environmental Cleanup. <br /> Non-Uniform CoVenants. Borrower and Lender covenant and agee as follows: <br /> 22. Acceleration; Remedie5. Lender shall give notice to Borrower prior to accelesafion following <br /> Borrower's breach of any covenant or agreement in thia Seeurify Instrument(buY not prior to <br /> acceleration under See&on 18 nnless Applicable Law provides otherwise). The notice shall specify: (a) <br /> the defaul4; (b) the acHon required to cure the default (c) a date, not less than 30 days From the date <br /> the nofice is pis�en to Sorrower, by which the default must be cured; and(d) that Failure to cpre the <br /> defanit on or before the date specified in the notice may result in acceleration of the sums secured bS <br /> this Secnrity Instrnment and sale of the Pmperty. Thc noflce shall further inform Borrower of 4he <br /> right to reinstate after aeceleration 1nd the right to bring a court action to assert the non-eustenee of& <br /> default or any other defense of Borrower to acceleration and sale. if the defanit is not cured on or <br /> before the date specified in.the nokce, Lender at its option may require immediate paymenE in full of <br /> all sums secured by this Security Insh�iment�s�thout further demand and may invoke the power of sale <br /> . and any other remedies p¢rmitted by Qpplicable J�aw. Lender shall be entitled to collect xll expenses <br /> ineurred in pursuing the rem�dics provided in this Section 22, includmg, but nof limited to, reneonable <br /> attorneys' fees and costs of tiUe evideuee. <br /> If the power of sa[e is invoked, Trustee shall record a noYice of defanit iu each county in which any <br /> part of the PropertS is located and shall mail copies of sucli notice in the manner prescribed by <br /> Applicable Law Yo Borrower and to the other persons prescribed by Applicable Law. After the time <br /> required by Applicable Law, Trustee shall give pnblic notice of sale Yo the persons and in the manner <br /> prescribed by Applicai�le Law. Trustee, without demand om Bora-ower, shall sell the Praperty at public <br /> auction to tlie]ughest bidder at the time and place and under the terms designated in 4he notice of sale <br /> i.n one or more parcels and in any order Tavstee deferminea Trustee may postpone sale of all or any <br /> parcel of the ProperCy by pnbHc announcement at the tam,e and place of any previonsly scheduled sale. <br /> Lender or its designee may purchase the Property at any sale. <br /> Upon receipt of payment of tlie price bid, Trustee shall deliver to the purcliaser Trustee's deed <br /> conveying tlae Property. The recitals in the Trustee's deed slutll be primx facie evidence of thc truth ot <br /> the statements made therein Trustee shall apply the proceeds of the sale in the follovcing order: (a) to <br /> all costs and expe.uses of esercising the power of sale, and the sale, includ.ing the payment of the <br /> Trustce's fees actually inc�rred and reasonable attorneys` fees as permitted by AppFicable La�v; (b) to <br /> all sunas secured by this Security Insia�ument; and(c) any excess to the person or persons legally <br /> entifled to it. <br /> ?QOQ$25� <br /> NEBRq5KASingleFamily-FannieM14aelFreddieMacIINIFORb11NSTRUMENT Porm302B VOt <br /> Vlvi P E� <br /> W olter�s KAuwer Fnancial Services VM Pxge 14�ofi�1] <br />
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