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201608070
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Last modified
7/28/2017 10:15:02 AM
Creation date
12/2/2016 9:03:54 AM
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DEEDS
Inst Number
201608070
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2� 1 ��8�7� <br /> any remo�al or other remediation of any Hazardous Substance affecting the Property is necessaxy, Barrower shail <br /> promptly take all necessary remedial actians in accordance with En�iranmental Law. Nathing herein shall create any <br /> ab�igation on Lender far an Environmental Cleanup. <br /> N�N-U N1 F�R1UI C�VE NANTS. Borrower and Lender further cavenant and agree as follows: <br /> 22. A�ceieration; Remedies. Lender shall gi�e notice to SorrBwer prior to acceleration foilowing <br /> Borrower's breach of any eo�enant ar agreement in this Seeurity Instrument�hut not prior to acceleration under <br /> Section 18 unless Appli�able Law pro�ides othet-w�ise}. The notice shall specify: �a}the defaul�;�b}the action <br /> required to�ure th�defau�t; �e}a date, not less than 30 days from the date the notice is given to Borrower, by <br /> which the default rnust be cured; and��}that failure to cure the default on or before the date specified in the <br /> noti�e may result in aceeleration of the sums s�cured by this S�curity Instrument and sale of the Froperty. The <br /> noti�e shall further inform Borrower af the right ta re�nstate after acce�eration and the right to hring a court <br /> action to a�sert the aon-existence of a default or any other defense of Borrower to ace�ieration and sale. If�he <br /> default is not cured on or before the date specified in the notiee, Lender at its �pt�on may require�mmediate <br /> payment in full of a��sums 5ecured by this Seeurity Instrument without further demand and may invake the <br /> power vf sale and any other remedies permitted hy Applicable Law. Lender shall be entitled to collect ali <br /> expenses incurred in pursu�ng the remedies pro�ided in this Section 22,includ�ng, I�ut not��mi�ed to,reasonahle <br /> attorney�' fees and costs of title e�idenee. <br /> If the power of sale is in�oked, Trustee shall record a notice of default in each eounty in which any part <br /> of the Property is located an�i shail mail copies of such not�ce in the manner prescribed by Applicable Law to <br /> Borrower and to the ather persons prescribed by Applicab�e Law. After the time require�hy Applicable Law, <br /> Trustee shall give puh�iC noti��of sale to the persons and in the manner prescribed by Applicabie Law. Trustee, <br /> wi�thaut demand on Borrower, shall se�l the Property at public auctivn to the highest bidder at the time and <br /> ptace and under the terms designated in the notice af sale in one or more parcels and in any order Trustee <br /> determines. Trustee may postpone sale of all or any parcel af the Property by publie anaouncement at the t�me <br /> and pla�e of any pre�iously schedu�ed sale. Lender or its designee may purchase the Property at any sale. <br /> i]pvn receipt of payment of the price bid, Trustee shall deliver to the purehaser Trustee's dee�i conveying <br /> the Praperty. The recita�s in the Trustee's deed shall be prima facie e�idence of the truth of the statements <br /> made there�n. Trustee sha�l apply the proceeds of the sale in the foll�wing order: (a}to all casts and expenses <br /> of exercising the power of saie, and the sale, ineluding the payment of the Trustee's fees actually ineurred and <br /> reasonable attorneys' fees as permitted hy Applicable Law;�b�to all sums secured by t�is Security Instrument; <br /> and�e}any excess to the person or persons legally entitled to i�. <br /> 23. Recon�eyance. Upon payment of all sums secured by this 5ecur�ty Instrument,Lender shall request Trustee <br /> to recon�ey the Property and shall surrender this Security�nstrument and all notes e�idencing debt secured by this <br /> Security Instrument to Trustee. Trustee shall reconvey the Property vvithaut warranty to the person or persons lega�Iy <br /> entitled to��. Such person or persons sha11 pay an�recordation costs. Lender may chaxge such person ar persons a <br /> fee for reconveying the Property, but an�y if the fee is paid to a third par�y�such as the Trustee}for serWices rendered <br /> and the charging❑f the fee is perm�tted under Applicable Lavv. <br /> 24. Subst�tute Trustee. Lender, at its aption, may from time to time xemove Trustee and appoint a successar <br /> trustee to any Trustee appointed hereunder hy an instrument recorded in the county in which this Security Instrument <br /> is recorded. �ithou�con��yan�e of the Property,the successor�rustee shall succeed ta all the�it1e, pnwer and duties <br /> conferred upon Trus�ee herein and by Applicable Law. <br /> 25. Reque�t fur Natices. Borrawer requests that copies of the notice of default and sale be sent ta Borrower's <br /> addr�ss which is the Property Address. <br /> NEBRASKA--Sing�e Family--Fannie MaelFreddie Mac UNIFaRM INSTRUMENT p���y����� <br /> Fvrm 3028 �101 Page 12 of �4 www.docmagic,eam <br />
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