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<br />200902769 <br /> <br />Borrower shall not cause or permit the presencc, usc, disposal, storagc, or rclcase of any Hazardous Substances, <br />or threaten to releasc any Hazardous Substances, on or in the Property. Borrowcr shall not do, nor allow anyone else <br />to do, anything affecting thc Property (a) that is in violation of any Environmcntal Law, (b) which crcates an <br />Environmental Condition, or (c) which, due to the presence, use, or relcasc of a Hazardous Substance, creates a <br />condition that adversely affccts the value of the Property. The preceding two scntenccs shall not apply to the <br />presence, use, or storagc on the Property of small quantities of Hazardous Substances that are gcnerally recognized <br />to be appropriatc to normal residential uses and to maintenance of the Property (including, but not limited to, <br />hazardous substances in consumer products). <br />Borrowcr shall promptly give Lcndcr written notice of (a) any investigation, claim, demand, lawsuit or othcr <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substancc <br />or Environmental Law of which Borrower has actual knowledge, (b) any Environmcntal Condition, including but not <br />limited to, any spilling, leaking, discharge, release or thrcat of reI case of any Hazardous Substance, and (c) any <br />condition caused by the presence, use or relcase of a Hazardous Substance which adversely affects the value of thc <br />Propcrty. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that <br />any rcmoval or other remediation of any Hazardous Substance affecting the Property is necessary, Borrowcr shall <br />promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall crcate any <br />obligation on Lender for an Environmental Cleanup. <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further covcnant and agrce as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under <br />Section 18 uniess Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action <br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by <br />which the default must be cured; and (d) that failure to cure the default on or before the date specified in the <br />notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The <br />notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court <br />action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the <br />default is not cured on or before the date specified in the notice, Lender at its option may require Immediate <br />payment in full of all sums secured by this Security Instrument without further demand and may invoke the <br />power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable <br />attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part <br />of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to <br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, <br />Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and <br />place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee <br />determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br />aud place of any previously scheduled sale. 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 conveying <br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses <br />of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br />reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; <br />and (c) any excess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of all sums sccured by this Security Instrument, Lender shall rcqucst Trustcc <br />to reconvcy the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustcc shall reconvey the Property without warranty to thc pcrson or persons legally <br />cntitled to it. Such person or pcrsons shall pay any recordation costs. Lcndcr may chargc such person or persons a <br />fcc for reconveying the Property, but only if the fee is paid to a third party (such as the Trustcc) for services rendered <br />and the charging of the fee is pcrmitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time rcmovc Trustcc and appoint a successor <br />trustee to any Trustee appointed hereunder by an instrument rccordcd in the county in which this Security Instrument <br />is recorded. Without conveyance of the Property, the successor trustcc shall succeed to all the title, power and duties <br />conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of thc notice of default and sale be sent to Borrower's <br />address which is the Property Address. <br /> <br />NEBRASKA--Slngle Famlly--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS <br />Form 3028 1/01 Page 90111 <br /> <br />DocMal1lc ~ 800.649., 362 <br />www.docmaglc.com <br /> <br />~. <br />~ <br />