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201007872
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Last modified
10/25/2010 4:24:56 PM
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10/25/2010 4:24:55 PM
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DEEDS
Inst Number
201007872
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�oioo�$�� <br />by any governmental or regulatory authority, ar any private party, that any rernoval or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take a11 necessary <br />remedial actions in accordance with �nvironmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-[JNIFORM COVENANTS. I3orrower and Lender further covenant and agree as follaws: <br />22. Acceleration; Remedies. Lender shall gfve notice to Sorrower prior to acceleratian follawing <br />Sorrower's breach of any covenant or agreernent in this Security Instrument (but not prior to <br />acceleration under Section 1S unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the defaalt; (c) a date, not less than 30 days from the date <br />the notice is give� to Borrower, 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 result in acceleration af the sums secured by <br />this Security lnstrument and sale of the Property. The notice shall further infarm Sorrower of the <br />right to reinstate after acceleration and the right to baring a court acdon to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date speci�ed in the natice, Lender at its option may require immediate payment in full af <br />all sums secured 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 callect all <br />expenses incurred 'rn pursuing the remedies provided in this Secdon 22, including, but not linnited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power nf sale is invoked, Trustee shall �recurd a notice of det'ault in each county in which <br />any part of the Property is located and shall mail copies af such nodce in the m$nner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by ApplicabMe Law. After the timc. <br />required by Applicable Law, Trustee shail give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, sha11 sell the Property at <br />public auction ta the highest bidder at the time and place and under the terms designated in the <br />notice af sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel af the Property by public announcement at the time and place of 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 deliver to the purchaser Trustee' s deed <br />conveying Che Property. The recitals in the Trustee' s deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the 1'ollowing 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) to <br />all suras secured by this Security Instrnment; and (c) any excess to the person or persnns legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrixment, Lender shall <br />request Trustee to reconvey the Property and shal] surrender this Security Instrument and all notes <br />evidencing debt secured by this 5ecurity Instrument to Trustee. Trustee shall recanvey the Froperty <br />without warranty to the persan or persons legally entitled to it. 5uch person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveyin� 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 tirne 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, pqwer and duties conferred upon Trustee herein and by Applicable Law. <br />25. 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 />F�c�i�x�c3 <br />NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT <br />�-6(NE) �os�i� Page 13 of 15 Initials: �t.� FOrm 3028 1101 <br />� ���i <br />
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