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201007342
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Last modified
10/7/2010 2:12:20 PM
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10/7/2010 2:12:19 PM
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DEEDS
Inst Number
201007342
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201007342 <br />by any governmental or regulatory authority, or any private party, that any 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-UNIFORM COVENANTS. Harrower and Lender further covenant and agree as follows: <br />?,Z.. Acceleradon; Remedies. Lender shall give notice th Borrnwer prior to a~leradon following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior th <br />ac'celeradon undce Section 1S unless Applicable Law provides otherwise). The nodce shall spedfy: (a) <br />the default; (b) the action required to cure the default; (c) a date, not leas than 30 days from the date <br />the nodce is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the nodce may result in acceleradon of the sums secured by <br />this Security Instrument and sale of the Property. The uodce shall further inform Borrower of the <br />right to reinstate after acceleratlon end the right to bring a court action to assert the non~stence of <br />a default or any other defense of Borrower to accelceatlon and sale. If the default is not cured on or <br />before the date spedfied in the nodce, Lender at its opdon may require hnmediate payment in full of <br />ail sums secured by this Seearrlty Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be eutlded to collect all <br />~ incurred in pursuing the remedies provided in this Section 22, indudiug, but not limited to, <br />reasonable attorneys' fees and casts of dde evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each wanly in which <br />any part of the Property is located and shall mail espies of such notlce in the manner prescribed by <br />Applicable Law th Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public nodce of sale to the persons and in the meaner <br />prescribed by Applicable Law. Tivstee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the dme and place and under the terms designated in the <br />nodce of gale irn one or more parcels and in any ordce Trustee determines. 'Ikustee may postpone sale <br />of all or auy parcel of the Property by public armouncement at the time and place of any previously <br />scheduled sale. Leader 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 />conveyhrg the Property. The redtals hr the Trustee's deed shall be prima fade evidence of the truth <br />of tiro statements made therein. 'I~ugtee shall apply the proceeds of the gale in the following order. (a) <br />to aU wets and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actuiaAy incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) ~ <br />all sums secured by this Security Instrument; and (c) arty eacesg to the person or persons legally <br />endued to it. <br />23. Rewnveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Insh7lment 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 person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for teconveying the Property, but oNy <br />if the fee is paid to a third party (such as the Trustee) 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 tip remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an it~stnunent recorded in the county in which this <br />Security I~t is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, pourer and duties conferred upon Tn>.stee herein and by Applicable Law. <br />ZS. Request for Nodces. Borrower requests that espies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA -Single Family - Fsnnt~ Mse/Freddie Maa UNIFORM INSTRUMENT <br />~-BINEI tea t t - Pepe t a er 7 B inrem.: \ Form 3025 1 /07 <br />V <br />
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