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201007515 <br />by any governmental or regulatary autharity, par any private party, that any removal or other remediation <br />of any F�azardous Substanue aff�cting the Property is necessary, Borrower shall promptly take all ncc�ssary <br />remedial actions in accar�iance with Environmental I.aw. Nothing herein shall create any obligation on <br />L.ender for an Environm�ntal Cleanup. <br />NUN-UNT�ORM COVENANTS. Bc�rrower and Lender further covenant and agree as follows: <br />22, Acceleration; Remedi�s. L�nd�r shall give natice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 1$ unless A�plicable La�v provides otherwise), The notice shall specify; (a) <br />the default; (b) the actic�n required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrawer, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the notice may resalt Kn aaceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of khe <br />right #o reinstate after acceleration and the right to bring a eourt action to assert #he non-eavskence af <br />a default or any other defense of Borrower to acceleration and sale. If the defaal# is not cured on ar <br />befar� the da#s specified in the notice, Lender at its option may reyuire immedi�►te payrnent in full of <br />all snms se�ared by this Security Instrument without Further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />cxpen�e�a inc�rred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />rcasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each connty in which <br />any part of the Property is located and shall mail copies of such notice in the manncr prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice af sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shull sell the Ptroperty at <br />public auction to the highest bidder at thc tim� and place and andet the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may p�stpon� sale <br />of all or any parcel of the Property by public announcement at the time and place af any previausly <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 deliv�r to the purchaser Trustee's deed <br />conveying the Property. Th� rec:its�ls in thc Trustee's d�ed shall bc prima facie evidence ot the truth <br />of the statements made thcrein. Trust�� shall apply the proteeds of the sals in the fallawing arder: (a) <br />to all costs and expen�es af exercising the pawer af sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and r�asonable attorneys' fe�s a� permitted by ApplicabMe Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons l�gally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request "1 rustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by ihis Security Instrum�nt 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 />recardatian cUSts. L,ender may charge such person or persons a fee for reconveying the Property, but anly <br />if the fee is paid ta a third party (such as the '1'rustee) for services rendered and the charging of the fee is <br />permittcd und�r Applicable Law. <br />24. Substitute Trustee. I,endear, at its optian, may fram time to time rennove `I'rustee and app�int a <br />succ�ssor trustee tU any Trustee appointed hereunder by an 'rnstrument recarded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Prnperty, lhe successor trustee shall succeed to <br />all the title, power and dnti�s conferrsd upan Trust�� hcrein and by Applicablc I,aw. <br />25. Request for Noti�es. Borrow�r rcyucsts that copies of the notice af dcfaull and sale bc sent to <br />Borraw�r's addr�ss which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/F�eddie Mac UNIFORM INSTRUM <br />�-B�N�) (oe11) Page ta of 16 <br />Form 3028 1I09 <br />