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201006530
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Last modified
9/13/2010 2:44:53 PM
Creation date
9/13/2010 2:44:52 PM
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DEEDS
Inst Number
201006530
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Zoloo6s3o <br />by any governmental or regulatory authority, or any private party, that auy removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFQRM COVENANTS. Bonrawer and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleratlon following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify; (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from We date <br />the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />defaullt on ar before the date specified fn the notice may result in a«:eleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-e~stence of <br />a default or any other defanse of Borrower to acceleration and sale. )if the default is not cured on or <br />before the date specified in the notice, Lender at its optlon may require immediate payment in full of <br />all sums secwxred by this Security Instrument without further demand and may invoke the power of <br />sale and aay other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section ~2, including, but not limited to, <br />reasonable attorneys' fees a~ud rosts of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default In each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the thne <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in We manner <br />prescribed by Applicable Law. Trustee, without demand an Borrower, shall sell the Property at <br />public auctiorl to the highest bidder at the time and place and under the terms designated in the <br />notlce of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the tlme and place of any previously <br />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 <br />conveying the Property. The redtaLs in the Trustee's deed shall be prima fade evideuce of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />to all ousts and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustce's foes actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums recurred by this Security Instnuuent; and (c) any excess to the person or persorus legally <br />entitled to it. <br />23. Reoonveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such parson or persons shall pay any <br />recordation costs. Lender may charge such parson ar persons a fee for reconveying the Property, but only <br />if the foe is paid to a third party (such as the 'I~ustee) for servicES rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrumnt recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA -Single Femfiy -Fannie Mae/Freddia Mac UNIFQRM INSTRUMENT <br />-BtNE) (08771 Papa 13 of 1S ~na~da: ~ FOrm 30xB 7/01 <br />~~ <br />
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