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201008464
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Last modified
1/11/2011 1:56:27 PM
Creation date
11/12/2010 4:24:49 PM
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DEEDS
Inst Number
201008464
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�O100b4�� <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />rernedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Enviranmental Cleanup. <br />NON-UNIFORM COVENANTS. Banower and Lender further covenant and agree as follaws: <br />22. Acceleration; Remedies. Lender shall glve notice to Borrower priar to acceleration following <br />Borrower's breach of any covenant or agreernent in this Security Instrument (but not prior to <br />acceleration under Section 1$ unless Applicable Law provides otherwise). The natice shall specify: (a) <br />the default; (b) the action reqaired 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 on or before the date specit�ed in the notice may result in acceleration of the sums secured by <br />this Security Instrument aud sale of the Propecty. The notice shall further inform Borrower of the <br />right to reinstate aftec acceleration and the right to bring a court action 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 notice, Lender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without furthex 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 provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a nqtice of default in each county in which <br />any part of the Property is lprated 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 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 order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public annauncement 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 price bid, Trustee shall delivec to the parchaser Trustee's deed <br />conveying tlae 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 proce�eds of the sale in the folNowing 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 fces actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrurnent; and (c) any excess ta the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by ihis Security Instrument, Lender shall <br />request Trustee to reconvey the Praperty and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Secnrity Instrwnent 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 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 chazging of the fee is <br />permitted under Applicable Law. <br />24. Sabstitute Trustee. Lender, at its option, may fronn time to time remove Trustee and appoint a <br />successor tzustee to any Trustee appointed hereunder by an instrumcnt 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, power aad duties canfarred uppn Trustee hcrein and by Applicable Law. <br />25. Request for Notices. Bonawer requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />N�BRASKp - Singia Family - Fannie MaalFreddie Mac UNIFORM INSTRUMENT �"K <br />�-6�NE1 1oat�1 Page 13 ot 15 in�s�ais: � Form 30 2 8 7/ a7 <br />y ��. �,�. �; <br />
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