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2oioo7sss <br />� <br />� <br />by any govenunent�l or regulatory authority, or any private paRy, that any removal or other r�mediation <br />of any Hazardous Stixbstance affecting the Property is necessary, Bonower shall promptly take all necessary <br />rernedial actions in accordance with �nvimnmental Law. Notkung herein shall create any abligation on <br />Lender for a�n Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior ta <br />acceleration under Section 18 anless 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 fram the date <br />the notice is given to Borrower, by which the default must be cared; and (d) that failure to cure the <br />default on or be�ore the date speci�ed in the notice may result in acceleration of the sams secured by <br />this Security Tnstrument and sale of the Property. The notice shall further inform Bonrower of the <br />right to reinstate after acceleration and the right to bring a coart actian to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the defaalt is not cured on or <br />beFore the date speci�ed in the notice, Lender at its option may require immediate paymeant in full of <br />all sums secured by thYs Security Instrument w�thoat further demand and may invoke the pawer of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expens�s incarred in pursuing the remedies provided in this Section 22, inclading, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, T�ustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Barrower 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, shall sell the Property at <br />public auction 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 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 />LTpon receipt of payment of the priice bid, Trustee sha11 deliver to the parchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's dced shall be priima facie evidence of the truth <br />of the statements made therein. Trustee shall apply th� proceeds of the sale in the following order: (a) <br />to all costs and expenses of exerci�sing the power of sale, and the sale, including the payment of the <br />Trustee's fces actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secuired by thls Security InGStrument; and (c) any ea�cess to the person or Persons legally <br />entitled to it. <br />23. Reconveyanee. Upon payment of all suc�ns secured by this Security Instnunent, I.ender shall <br />request Truste� to reconvey the Property and shall surrender this Security Instrum�ent and all nates <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 rnay charge such person or persons a fee for r�conveying the �'roperty, but anly <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the chazging of the fee is <br />pernutted under Applicable Law. <br />24. Substitute Trustee. I.ender, at its option, may frarn 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. Withaut 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 />2S. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA - Single Family - Fpnnie Mae/Freddie Mac UNIFQRM INSTRUMENT <br />�-61NE1 �oa� i1 Page 13 of 16 Initials: Form 302$ 1/01 <br />� <br />� p '�� s� � �.i , <br />� <br />�' <br />� <br />