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201007951
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Last modified
10/27/2010 4:19:56 PM
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10/27/2010 4:19:56 PM
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DEEDS
Inst Number
201007951
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20�oo�95i <br />by any governn�aental or regulatory authority, or any private party, that any removal or other remediatiora <br />of any Hazardous Substance affecting the Property is necessary, Bozrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environ�nental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Sorrower prior to acceleration fallowing <br />Sorrower's breach of any covenant or agreement in this Security Instrument (but not pcior to <br />acceleration under SecHan ] S unless 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 from the date <br />the notice is given to Bprrower, 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 acceleratian of the sums secured by <br />this Secnrity lnstrument and sale of the Property, . The notice shall further inform Sorrower of the <br />right to reinstate after acceleration and the right to l�ring a court action to assert the non-existence of <br />a default or any other defense nf Borrower to acceleration and sale. If the default is not cured on or <br />before the date speci�ed in the nodce, 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 ather remedies permitted by Applicable Law. Lender shall be enHtled to callect atl <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not litnited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the pawer of sale is invoked, Trustee shall record a notice of default in each caunty 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 Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applic�ble Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Eorrower, shall sell the Property at <br />pubiic auction to the highest bidder at the timie and place and under the terms design�ted 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 announcetnent 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 of the price bid, Trustee shail deliver to the purchaser Trustee' s deed <br />conveying the Property. The recitals in the Trustee' s deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shal� apply the praceeds of the sale in the following order: (a) <br />to �11 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 Instrument; and (c) any excess to the persan or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all surns secured by this 5ecurity Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security lnstrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons sha11 pay any <br />recordation costs. Lender may charge such person ar persons a fae for reconveying the Property, but only <br />if the fee is paid co 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, x�aay from 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. Without conveyance of the Properiy, the successor trustee shall succeed to <br />all the title, power 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 />� 2309�3 <br />NEBRASKA - Single Family - Fannie M ae/Freddie M ac UNIFpRM INSTRUM ENT <br />�-6(NE) �oa��� Page 13 of 15 inic�ais: Fprm 3028 1/01 <br />� <br />
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