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201007663
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Last modified
10/18/2010 4:22:52 PM
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10/18/2010 4:22:51 PM
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DEEDS
Inst Number
201007663
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�oioo�ss3 <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any I-Iazardous Substance affecting the Property iti necessary, Borrower shall promptly take all necesaary <br />remedial actions in accordance with Environmental Law. Nothing herein slaall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-LTNIF�RM C�VENANTS. Borrower and I.ender further covenant and a�ree as follows: <br />22. Acceleration; Remedies. Lender shall give natice to Borrower prior to acceleration follawing <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Sectian 1$ unless Applicable I�aw 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 given to Borrower, by which the default rnust be cured; and (d) that failure to cure the. <br />def�ult on or before the date specified in the notice may result in acceleratian of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Barrower of the <br />right to re�nstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default nr any ather defense of Borrower to acceleration and sale. If the default is nnt cured on or <br />before the date speeified in the notice, Lender at its option may require immediate payment ►n full of <br />all sums secnred by this Security Instrnment without further dennand and may invoke the pawer of <br />sale and any other rernedies permitted by Applicable Law. Lender shall be entitled to eollect all <br />expenses incurced in pursuing the remedies provided in this Section 22, including, but not Nimited to, <br />reasonable attornevs' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall cecord a notice of default in each county in which <br />any part of the Property is Incated and shall mail copies af such notice in the amanner prescribed by <br />Applicable La�� to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale tn the persons and in the rnanner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public suction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may pastpane sale <br />of all or any parcel of the Property by public announcement at the time and place of any previaasly <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Tarustee shall deliver ta the purchaser Trustee's deed <br />canveying the Property. The recitals in the Trustee's deed shall be prima fxcie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the fallawing order: (a) <br />to atl 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) to <br />all sums secured by this Security Instrnrnent; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to recpnvey the Property and sha11 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 person or persons shall pay any <br />recordation 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 of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from tirne to time remove Trustee and appoint a <br />successor trustee to any Trutitee 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 />a11 the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copiea af the notice of dafault and sale be sent to <br />Borrower's address which is the Property Address. <br />10-09-Q00018 <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMENT ,(� ,� <br />�-B�NE) �aa� �� Page 13 of 15 inn�ais:V Form 3028 1/01 <br />C� <br />
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