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201007921
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Last modified
1/11/2011 2:07:30 PM
Creation date
10/26/2010 4:16:38 PM
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DEEDS
Inst Number
201007921
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24144792� <br />by any governmental or regulatory auchority, or any private party, that any removal oar other remediation <br />of any Hazardous Substance affecting the Property is necessary, Bonower shall paromptly take all necessary <br />remedial actions in accordance with Environnnental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. AcceleratIon; Remedies. Lender shall give notice ta Borrower prior ta acceleration following <br />Borrowex's breach of any covenant ar agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall spec�fy: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less thaa 3Q days from the date <br />the notice is given to Borrower, by which the default must be cared; and (d) that failure ta cure the <br />default on or before the date specified in the natice may re5ult in acceleration of the sums secured by <br />this Security Ynst� and sale of the Property. The notice shall further inform Borrower af the <br />right to reinstate after acceleration and the right to bring a coart action to assert the non-existence of <br />a default or any other defense of Bonrower tn 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 payment in full of <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 ta collect all <br />expenses incarred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power af sale is invoked, Tcvstee shall recocd a natice of default in eaeh eounty in which <br />any part af the Property is located and. shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the ather 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 Barrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designate� in the <br />natice of sale in one or more parcels and in any order Trustee determines. Trustee may postpane sale <br />of all or any parcel of the Property by public annoancement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment af the price bid, Trustee shall del�ver to the purchaser Trustee's dced <br />convey�ng the Froperty. The recitals in the �tee's dced shall be prima facie evidence of the truth <br />of the statements m�de therein. Trustee sha11 apply the proceeds of the sale in the following order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />T�-ustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; 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 reconvey the Property and shall surrender this Security Instrurnent and all notes <br />evidencing debt secured by this Security Instnunent to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. 3uch person or persons shall pay any <br />recordation costs. Lender may charge such persan 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 servic�s rendered and the charging of the fee is <br />pernvtted under Applicable Law. <br />24. Sabstitate Trustee. Lender, at its option, may from ti�ne to tirne remove Trustes and appoint a <br />successor trustee to any Trustee appointed hereunder by an instruznent recorded in the county in which this <br />Se�urity Instrument is recarded. Without 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 />25. Request far Notices. Borrower requests that copies of the natice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />,� �;'? - <br />NEBRASKA - Single Family - Fannia Mae/Freddie Mac UNIFORM INSTRUMENT f;: , f� <br />�-6(NE► 1o8t t 1 Pege 13 of 15 �nmals: :'-r' �� Form 3028 7/01 <br />� <br />.%' � „ j t � . , <br />���� � {��1w'•M�R1 � <br />
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