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201008401 <br />by any govemmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Sabstance affecting the Property is necessary, Barrawer shall promptly take all necessary <br />remedial actions in accordance with Environrnental Law. Nathing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM CUVENANTS. Bonower and L.ender further covenant and agree as fallaws; <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agrcement in this Security Instrument (but not prior to <br />acceleration under Section 1$ unless Applicable Law prov3des 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 Borrower, by which the default must be cured; and (d) that failure to cure the <br />default an or before the date speci�ed in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Bprrower af the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or any other de�ense of Borrower to acceleration and sale. If the default is not cared 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 to collect all <br />expenses incurred in pursuing the remedies pravided in this Section 22, including, but npt limited ta, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee 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 />Applirable Law to Borrower and to the other persons prescribed by Applicable Law. After the tim�e <br />required by Applicable Law, Trustee shall give public notice of 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 arder Trustee determines. Trustee rnay postpone sale <br />of all or any parcel of the Property by publ➢c announcement at the time and place of any previously <br />scheduled sale. I.ender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver ta the purchaser Trustee's deed <br />conveying the Praperty. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />oF the statements raade therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />to all costs aud expenses of ea�erci�sing the power of sale, and the sale, inclading the payment of the <br />Trustee's fee.s 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 payrnent of all sums secured by tb.is Security Instrument, L.ender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instnunent and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to t.�e person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person 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 services rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Sabstitate Trustee. Lender, at its option, may from time to time remave Trustee and appoint a <br />successor trustee to any Trustee appoiuted hereunder by an instrument arecorded in the caunty in which this <br />Security Instrument is recorded. Without conveyance of the Property, Che 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 ta <br />Borrower's address which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ` p <br />�-g(11�E) 10811) Paga 13 of 15 Initials: ��Q Form 30Z8 1/Ol <br />' j, �t �; � �A ,` ! <br />