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<br />address to which payr��ents should be made. �['he nocice will also coaitaizi ariy otlier informalion reyuired by
<br />Applicable Law.
<br />Hazardous Substances. Borrower shall not cause or per►nit the pcesence, use, disposal, storage, or release of any
<br />FIazardous Substances on or in the Yroperty. Borrower shall ��ot do, nor allow anyone else to do, aa�ything affecting
<br />the Property that is in violation of any Fnvironmental Law. T'he preceding t.wo sentences shall not apply to the
<br />presence, use, or storage on the k'coperty of small quantities of f-Iazardo«s Substance� that are generally rea7gnized
<br />to be ap�rc�priate to normal residential uses and to ma.iuCenance of tlie Property.
<br />Borrower shall promptly give Lender writtea� notice of any investig�tion, CIc�lYTl, demand, lawsuit or otl�er action by
<br />any governmental or regulatory agency or private party involving the Property and any Hazardous Suhstance or
<br />Envirorunental Law of wliich Borrower I18S actual knowledge. lf L3orrowec� leatns, or is notified by any
<br />gc�vermnental ar regulatory authority, d�at any removal or othec remediation of any Hazardous Substance affeeting
<br />the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordattce with
<br />Environmental Law.
<br />As used in this paragraph, "Hazardous Substan.ces" are those substances defit�ed as toxic or hazardous subst�Taces
<br />by �,nvironmental Law and the following substances: gasoline kerosene, c�ther flamnnable or toxic petroleum
<br />products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos c�r f��rmaldehyde, and
<br />radioactive materials. As used in this paragraph, "�;nvironmenCal Law" means federal laws and laws of the state of
<br />Nebraska that relate to health, safety or environn�ental protection.
<br />Acceleration; Remedies. Lender shall give notice to Borrower pri�'r to �cceleratiat fu�.lo.,wing Bprrower's
<br />breach of any covenaaat or agreement in this Security Instrument (I�ut'not prior td Acceleration nnder the
<br />sectinn kitled '1'ransfer of tl�e Property or fl Bene�cial Interest in Bm�rower, unless App,�ci►,ble I.,a� provides
<br />otherwise). 77ie notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date,
<br />not less than the minimum numher of days establisl�ed by Applicable Law tro►n tl�e date the not'rce is �iven
<br />tu Borrower, by which tl�e default nu�st be cured; nnd (d) that failure to cure tlie default on or before the
<br />date speci�ed in Ct►e notice may result in acceleration of the sums secured by this Security Instrurr�ent fl��d
<br />sale of the Property. 'I'o the extent permitted by IAw, the notice shall further i�iform Borrower of the right
<br />to reinstate after acceleration and the ri�ht to brin� a court action to assert the non-existenc� of a default
<br />or any other defense of Borrower to acceleration and sale. If the default is nc►t cured on or befnre the dnte
<br />specified in the notice, Lender at its optio�a may require immediAte pnynient in full of all su�aas secured by
<br />this Security Instrument witl�o��t further demand and may invoke the power of sale and any other rernedie�
<br />permitted by Applicable I,aw. 'Io the extent permitted by law, I�ender shall be e��titled to collect all
<br />expenses iaacurred in pursning the remedies provided in tbis Section, including, but not limited t�►,
<br />reasanable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, 'l'rustee shall record a notice of default in each cou�tty ia wl�ich any part of
<br />tlie Property is located and shall mail copies of such notice in the manner prescrihed hy Applicable Law to
<br />Borrower and to the otheC persons prescribed by Applicable Law. After the time required by Applicable
<br />Law, Trustee shall give public notice af sale to the persons and in the ma�uier prescribed hy Applicable
<br />LAw. Trustee, without demand on Borrower, sliall sell the Property at public auctinn to the highest bidder
<br />at the time And place and ua�der the terms designated in the notice of sale in one ar more parcels and in aaiy
<br />order T'rustee determines. Trustee may postpone sale of all or any parc�l of tlae Property by public
<br />announcement at the time and pls�ce of �ny previqusly scheduled sale. .[..ender oir its designee may purchase
<br />the Property at any sale.
<br />Upo�� receipt of payment of the price bid, Trustee shall deliver to tlie purchaser Trustee's deed conve,yin�
<br />the Property. The recitals in the Trustee's deed shall be prima facie evtdence ��f the truth of the statements
<br />made therein. Trustee shall apply t1�e praceeds af tlie sale in tlie following order: (a) to alt costs and
<br />expenses ��f exercisi�ig thc power of sale, and tl�e sale, including the payment of the Trustee's fees actually
<br />incurred and reasanable attor►ae,ys' fees as permitted by Applicable Law; �b) t� all sums secured by this
<br />Security Instrument; and (c) any excess to the person or persons legally eaatitled ta it.
<br />Reconveyance. Upon payment of all sums secured by diis Security Instrument, Lender shall request Trustee tc>
<br />r�cc�nvey the Property and shall surrender this Security Instrument and all notes evide�icing debt secured by this
<br />Security Instrument to Trustee. Trustee shall reconvey tlie Property without warranty to the per�on or persons
<br />legally entitled to it. Such person or persons shall pay �ny recordation costs. (,ender may charge such person or
<br />persons a fee for reconveying the Property, but only if the fee is paid to a third party (such ae t�ie Trustee) for
<br />services rendered and the charging of the fee is permitted under Applicable Law.
<br />Substitute 'I'rustee. Len.der, at. its option, may from time to tizne remove Trustee and appoint a successor truGtee
<br />to any T'ruslee appointed hereunder by an instrument recorded in the county in which tl�is Security lnstnunent is
<br />recorded. Witl�out conveyance of the Property, the successor trustee shall succeed to all the title, power and duties
<br />conferred upon Trustee hereixi and by Applicable [,aw.
<br />Request for Notices. Borrower requests tliat copies of the aaotice of default and sale be senl to Borrower'G address
<br />which is the Property Address.
<br />¢? 20O4-2(109 Cnmpliance Sys�ems. Inc 002U-BL.bC . 2009.12.3G8 . . . .
<br />Cnnsumer Real Ectate - Security Instrument DL2036 Pagc 5 of 6 � � www.complianccsystcros.com
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