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201407686
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Last modified
7/20/2017 10:12:19 PM
Creation date
12/8/2014 10:18:30 AM
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DEEDS
Inst Number
201407686
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��14�7�5� <br /> sen�ences shall nat appiy to the presence, use, or�tarage on the Proper�y of sma11 quar�t����s af Hazardous <br /> Substances that are generally recognized to be apprapriate to normal residentiai uses and to ma�ntenance of <br /> �he Praper�y �including, bu�nat�imi�ed to, hazardous substances in consumer praducts}. <br /> B�rro�ver shali promptly giv� Lend�r writ�en na�ice of�a} any in�es��gation, c�aim, demand, �av��u�t or other <br /> acti�n b�any go�err�m�ntal ar regu�atary ag�n��or pri�ate par�� �n�a�v�ng th� Property and any Hazardaus <br /> Substance�r Env�ronm�n�ai La�v of wh��h Barrower has a��ua� knawledge, �b} any�n�ir�nmental <br /> �ond���on, includ�ng but nat��m�ted�n, an�sp�l���g, �eak�ng, discharge, release or�hreat of re�ease of any <br /> Hazardaus Substance, and �c} any cand�ti�n caused by�he presence, use or release of a Hazardaus Substance <br /> �hich adver�e�y affe��s the�alue of the Proper�y. �f Barraw�r�earr�s, ar is no�ified by any go�ernmental or <br /> regulatory autharity, ar any priv�te party, tha�any remova�or o�h�r r�medzati�n of an�r �iazardaus Substazac� <br /> affecting the Proper�y is necessary, Borrawer�ha��prom�t��take a�l n�cessary remed�a� ac�ions in <br /> ac�ordaz�.ce vcli�h Env�ronmen�a� Lavw. N�thing here�n sha�� crea�e any�bliga�i�n on Lender f�r a.r� <br /> En�ironmen�al �leanup. <br /> NvnwUniform Cv�enants. Barrawer and Lender cavenant and agree as fallaws: <br /> ��. Ac�eIeration; R�m�die�. I��nd�r sha�� g��e not��e�a Barrower prior�o acceleration fa��ovwing <br /> Borrower's breach of any covenant or agreexnent in�his Securi�y Ins�rument �but no�prior�a <br /> accelera�ion under�ectian 18 unless Appiicab�e Law provides o�herwise}. The noti�e shal�specify: �a} <br /> �he default; �b� the action required�a cure the defaui�; �c} a date, no��ess than 3�days from�he da�� <br /> the no�ice is given�a Bvrrow�r, by which the default must be cured; and �d} �ha�fa��ure to cure�he <br /> defau�t an ar befvre the da�e spec�f�ed�n the r�otiCe may resu�t�n acce�erat�on of the sums s�cur�d by <br /> �h�s Secur�ty Instrum.en�and sa��of�he Property. The natice sha�l further inform Borrower�f�he <br /> right ta reins�ate af�er acceleration and the ri�ht�o bring a cour�a��ian to ass�rt the nan-ex�st�nce of a <br /> default or any�ther defens�of Borr�wer�o a�ce�era�ion and sa��. If�he defau���s not cured on or <br /> bef�re the da�e specif�ed�n the no�i�e, Lender at�ts opt�an nlay requ�re�m�nediate payment in fu�l af <br /> a���um��e�ur�d by�his Secur��y Ins�rument w�thnu� further demand and rnay in�ak�the power af sa�e <br /> and any ather renr�edies p�rrnittQd by App��cab�e Law. Lender shall be ent�tled�o co�lect a��expenses <br /> incurred in pursuing�he remedies pra�ided in this Section 22, inc�uding, but no��imited t�, reasonabie <br /> a�torneys' fees and cos�s vf ti��e ev�dence. <br /> If the power�f�al��s�nvoked, Trus�ee shall r�cord a not�ce of defau�t in each county in wh�ch any <br /> part of the Praper�y�s�oca�ed and sha��m�a��cap�es of such no�ice in�he manner prescr�bed by <br /> Appiicab�e Law�o Borrower and�o the other pers�ns prescr�bed by Applicable Law. After the�ime <br /> required by Appiicabl�Law, Trustee shai�give pub�ic notice af saie�o the persans and in the man.ner <br /> prescr�bed by Applicable Lawv. Trus�ee, without demand on.Borrawer, shali sell�he Proper�y a�pub�ic <br /> auc�ion ta�he highes�bidder at the�ime and p�ace and under�he terms designa�ed�n the nat�ce of sa�e <br /> �n ane or more paree�s and in any order Trus�ee de�erm�nes. Trustee mkay pos�pone saie of a�l or any <br /> parce�of�he Pr�perty by pub�ic announcement a��he��me and p�ace of any previousiy s�heduied sale. <br /> Lender or i�s des�gnee nlay purchase the Property a�any sa�e. <br /> Upon receipt of payment af�he price bid, Trus�ee 5ha��de�iver�o�he purchaser Trustee's deed <br /> conveying�he Pro�erty. The recitals in the TruStee's deed shal�be pr�ma fac�e ev�dence of the tru�h of <br /> �he s�a�ements made�her��n. Trustee shal�apply the proceeds of the sa�e in the fo��ovwing order: �a} to <br /> a��cos�s and expenses of exerc�s�ng�he power of�a�e, and the sa�e, inc�uding th�payment oF�he <br /> Trustee's fees ac�ua��y in�urred and reasonab�e attorneys' fees as permitted by App��Cab�e Law; �h) to <br /> a�l sums s�cured by th�s Security Instrument; and�c} any excess�o�he persnn or p�rsons Iega�Iy <br /> en����ed�o it. <br /> NEBRASKA-5ingle�amily-Fannie MaelFreddie Mac UNiFQRM INSTRUMENT Fvrm 3flZ8 11�i <br /> VMP[� VMPfi(NEy�1302f <br /> Wvlfers I{luwer�inan�ial Ser�ices Page 14 of�7 <br />
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