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241408723 <br />by any governmental or regulatory authority, or any private party, lhat any remaval or other reiuediation <br />of any Hazardous Substance aFFecting the Property is necessary, Sorrower shall promptly take all necessary <br />rernedial actions in accardance with Environmental Law. Nothing herein shall create any obligation on <br />Lcnder for an Environmental Cleanup. <br />NC)N-LTNIFORM COVENANTS. 13orrower and Lender furth�r covenant and agree as follows: <br />22. Accelerati�an; Remedies. Lender shall give notice to Borrower prior to acceleration followin� <br />Sorrower's breach af any covenant or agreement in this Sccurity Instrument (but not prior to <br />acceleration under Section 18 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 Sorrower, by which the default must be cured; and (d) that failure to cure the <br />default on or beforc the date speci�ed in the notice may result in acceleration of the sums secnred by <br />this Security Instrument and sale of the Praperty. The notice shall further inform Borrower of the <br />right tn reinstatc after acceleration and the right to brin� a court action to assert the non-existence of <br />a default or any other defense oT Borr��wer ta acccleration and sale. I1' the default is nat cured on or <br />hefore the date specified in the notice, Lender at its optinn may require irnmediate payment in full of <br />all sums secured by this Security Instrument without further demand and may invoke the power at <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 />reasonablc 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 cupies of such notice in the tnanner 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 natice of sale to the persans and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall se11 the Property at <br />public auction to the highest hidder at the time and place and under the terms designated in the <br />notice a1' sale in one or mare parcels and in any order Trustee determines. Trustee xnay postpone sale <br />of all or any parccl of the Property by public announcement 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 shal) deliver to the purchaser Tcustee's deed <br />conveying the Properly. 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 pruceeds of the sale in the follawing order: (a) <br />to all costs and cspenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasnnahle attorneys' fees as permitted by Applicable Law; (b) to <br />all snms qecured by this Security Instrament; and (c) any excess to the person or persons leEally <br />entitled to it. <br />23. Reconveyance. Upon payrr�ent of all sums secured by this Security Instrument, Lender shall <br />request '1'rustee to reconvey the Prope�-ty and shall surrender this Security Tnstnunent and all notes <br />evidencing debt secuted by this Sccurlty Instruznent to Trustee. Trustee shall recor►vey the Property <br />without warranty to Lhe person or persons legally entitled to it. Such person or persons shall pay any <br />xecordation costs. Lender inay charge such person or persons a fee for reconveying the Properly, but only <br />if the fce is paid to a third party (such aa tk�e 7'rustee) 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 time to time remove Trustee and appoint a <br />successot ttustee to any Trustae appointed heteunder by an instrurnent tecotded in the county in which this <br />Secrxrity Instrument is recorded. Without conveyance of the Property, the successor tru5tee shall succeed io <br />all the title, power and dutiea confetted upon Ttustee herein and by Applicable Law. <br />2S. Requcst f'or Notices. �3orcower reqnasts that copics of the notice of default and sale be sent tn <br />Borrower'G address which is the Property Address. <br />NEBRASKA- Single �amily - Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />�-F�NE� (0811) Page 13 of15 �nitialg. Form 3028 11U1 <br />