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201007416
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Last modified
1/11/2011 1:39:35 PM
Creation date
10/8/2010 4:25:27 PM
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DEEDS
Inst Number
201007416
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�oioo�4�s <br />by any governmental or regulatory authority, or any private party, that any remaval or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower sha11 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-UNIF�RM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleratian; Remedies. Lender shall give noHce to Borrower prior to acceleration following <br />Borrower's breach of any cavenant or agreement in this Security Instrqment (but not prior to <br />acceleration under Section 1$ 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 the date <br />the notice is �iven to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date speci�ed in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The nodce shall further inform Barrower of the <br />right to reinstate after acceleratian and the right to bring a court acdon to assert the non-existence of <br />a default or any other defense of Borrower to acceleratian and sale. If the default is not cured on or <br />before the d�te speci�ed in the notice, Lender at its option rnay reqaire immediate payment in full of <br />all sums secured by this Security Instrument without further demand �nd may invoke the power of <br />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, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a noHce of default in each county in which <br />�ny part af the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower �nd to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee sh�ll give public notice of sale to the persons �nd in the manner <br />prescribed by Applicable Law. Trustee, with�ant demand on Barrower, shall sell the Property at <br />public auction ta the highest bidder at the time and place and under the terms designated in the <br />no�ice of sale in ane 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 time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt af payment af the price bid, Trustee shall deliver to the purchaser Trustee' s deed <br />conveying the �roperty. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />af the statements made therein. Trustee sh�ll apply the proceeds of the sale in the following order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) ta <br />all sums secured by this Security Instrument; and (c) any excess to the person or persans legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />rcquest Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this 5ecurity 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 />recardation costs. Lender may charge such person or persons a fee for reconveying the Property, but only <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging af ihe fee is <br />permitted under Applicable Law. <br />24. SubsHtute Trustee. Lender, at its pption, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument 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 far Notiees. Borrower reyuests that copies of the notice of default and sale be sent to <br />Borrower' s address which is the Property Address. <br />2309p1 <br />N�BRASKA - 5ingle Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT <br />�-6(NE) �oett� Page130f 15 iniciais:� Fprm 3U28 7/07 <br />m <br />
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