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200905993
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Last modified
7/22/2009 3:05:53 PM
Creation date
7/22/2009 3:05:52 PM
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DEEDS
Inst Number
200905993
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200905993 <br />adversely affects the value of the Property. The preceding two sentences shall not apply to the <br />presence, use, or storage on the Property of small quantities of Hazardous Substances that are <br />generally recognized to be appropriate to normal residential uses and to maintenance of the <br />Property (including, but not limited to, haxardons substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, <br />demand, lawsuit or other action by any governmental or regulatory agency or private party <br />involving the Property and any Hazardous Substance or l~nvironmentat Law of which Borrower <br />has actual knowledge, (b) any Environmental Condition, inchuding but not limited ta, any <br />spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any <br />condition caused by the presence, use or release of a Hazardous Substance which adversely <br />affects the value of the Property. If Borrower learns, or is notified by any governmental or <br />regulatory authority, ar any private party, that any removal or other remediatlon of any <br />Hazardous 'Substance affecting the Property is necessary, Burrower shall promptly take all <br />necessary remedial actions in accordance with Environmental Law. Nothing herein shall create <br />any obligation on Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as <br />follows: <br />~2. Accolexatian; Remedies. Lender shall give notice to Borrower prior to <br />acceleration following Borrower's breach of any covenant ar agarecsmcet in this Security <br />Instrument (but oat prior to acceleration sunder Section l$ unless Applicable Law provides <br />otherwise). The notice shalt speoii~: {a) the de$.utt; (b) the action required to cure the <br />default; (c) a date, oat less than 3q days from the date the notice is given to Borrower, by <br />which the default must be cured; and (d) that fafiure to cure the default cut ar before the <br />date specified in the notice may result in acceleration of the sums secured by this Security <br />Instrument and sale of the Property. Thu notice shall f'urthar inform Borrower of the right <br />to reinstate silt acceleration and the right to bring a court action to assert the <br />noon-existeatcc of a dafautt or any athar dafa~nse of Borrower W asxeleraticn and sale. If tlu <br />default is oat oared on ar before the date speciped in the notice, Lender at its option may <br />require immadiata payment itt full of all sums secured by this Security Instrumcet without <br />further demand and may invoke the povvent of sale and any other rdme+dics permitted by <br />Applicable Law. Lender shalt be entitled tQ collect all agpenses incurred in pursuing the <br />reame+dles provided in this Section fit, including, but not ttmited ta, reasonable attorneys' <br />foes and costs of title evidence. <br />If the power of sale is iavoked, Trustee shall record a notice of default in each twenty <br />tin which any part of the Property is located and shalt mail copies of such notice is the <br />manna prescribed by Applicable Law to Harrower and to the other persons prescribed by <br />Applicable Law. After the time ragnired by Applicable Law, Trustee shall glue public <br />notice of sale to the parsons and in the moaner prteuxibed by Applicable Law. Trustee, <br />without demand on Harrower, shall sell the Prt~ty at public unction to the highest bidder <br />at the time and place and under the terms deusgnated in the notice of sale in t»~e m more <br />paroats and in any order Trustee determiaes. Trustee may Postpone ~le of all ar any <br />NEB1tA8K.A. - ~~ F~uy--r.„„~,ar..~eaa~aa~.au~oaaan~arx~nau~r r~~oze <br />GCC » Q30~8-16 (f19/Ol) (Page !6 ofl9) Initials: <br />
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