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2piQ08900 <br />by any governmental or regulatory authority, or any private party, that any removal or ather remediation <br />af any Hazardous Substance aff�cting the Prop�rty is necessary, Borrower shall promp[ly take all necessary <br />remedial actions in accordanc� witk� Environmental Law. Nothing herein shall create any abligation on <br />L.ender for an Environmental Cleanup. <br />NON-UNII'ORM COVENANTS. Borrower and Lender further cc�vcnant and agree as follows: <br />22. Accelerati�n; Remedies, Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Inskrument (but not prior to <br />acceleration under Sectian 18 unless Applicable Law provides otherwis�). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not l�ss khan 30 days from the date <br />the notice is �ivcn ta Borrower, by which the default must b� cur�d; and (d) that failure to cure the <br />default on or before the date specified in the notic� may resrrlk in acceleration of the sums secured by <br />this Security Instrument and sale aP th� Praperty. The notice shall further inform Borrower of the <br />right to reinstate after accel�ration rand the right to bring a court �ction to assert the nan-exist�nce of <br />a default or any other defense af Barrower to acceleration and sale. If the default is nat cur�d on ��r <br />before the date specified in the notice, Lender at its option may require immediate paymenk in full Ut' <br />all sums secured by khis Security Instrument without further demand and may invak� th� pow�r r�f <br />sale and any uther remedies permitted by Applicahle Law. Lender shall be entitled to collect all <br />expenses in�urr�d in pursuing the remedies provided in this Section 22, ineludit�rg, hut not limited to, <br />r�asonable at#orneys' fees and costs of title evidence. <br />IP the povver of sale is invoked, Trustee shall record a nUtic� of default in each county in which <br />any par't of the Pt'aperty is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other �ersons prescribed by Applicable Law. After the time <br />required by Applieable Law, Trustee shall give public notice of sale to the p�rsons and in the manner <br />pres�ribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Prapexty a# <br />pablic auction to the highest bidder at the time and place and under th� term�s designated in th� <br />nokice af sale in ane or more parcels and in any order Trustee determines. Trustee may postpane sale <br />af all or any parcel of the Property by public announcement at the time and place qf any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of paymcnt of ths pricc bid, Trust�e shall deliv�r ta the purchaser Trustee's deed <br />canveying the Property. The recitals in the Trustee's deed shall l�e prima faeie evidence of the truth <br />of the statements made ther�in. Truste� shall apply the proceeds af the sale in the following order; (a) <br />to all costs and expenses of exercising thc pawcr af salc, and th� ss�le, including the payment of the <br />Trustee's fees actually incurred and reasanabNe attarneys' fees as permikted by Applicable Law; (b) to <br />all sums secured by this Sccurity Instrament; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyancc. UpUn payment af all surns secured by this 3ecurity Instrument, T.ender 5nar1 <br />request Trustee to reconvey lhc Praperiy and shall surr�nder this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument ta 'I'rustee. Trustee shall reconvey the Property <br />without warranty to ih� p�rsa❑ ar persans legally entitl�d ta it. Such person or persons shall pay any <br />recordation costs. Lender amay charge such person ar persons a fee for recanveying the T'roperty, but only <br />if thc fe� is paid tc� a third party (such as the Trustee) for services rendered and the charging of the fee is <br />pezmitted under Applicable Law. <br />Z4, Substitr�te Trustee. Lender, at its option, may from time to time remove Trustee and ap�oint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in thc county in whit;h [his <br />Security Instrument is recorded. Without conveyance of the Property, the successar trust�� shall succ�ed to <br />all the title, pawer and duties conf'erred upon Trustee herein and by Applicable Law. <br />25, Request for Notices. Borrower requests that copies of the notice of default and sale be senl to <br />Borrower's address which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�°BINE) 10811) Pa 13 af 16 i��t�eig: Farm 3028 1/01 <br />� <br />� <br />