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201008902
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Last modified
11/30/2010 3:21:43 PM
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11/30/2010 3:21:43 PM
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DEEDS
Inst Number
201008902
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2oioosso� <br />by any governmcntal or regulatory authority, or any privat� party, that any removal or c�th�r remediation <br />of any Hazardous Substance affecting the Property is nec�ssary, Borrower shall promptly tak� all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligatiUn an <br />Lender far an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenanl and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrawer prior to acceleration following <br />Borrower's breach nf any covenant or agreemcnt in this Security Instrument (but n��t pri�r tc� <br />acceleration under Section 18 unless Applicabl� Law �rovides otherwise). The notice shall specipy; (r�) <br />the default; (b) the action required to cur� the det'ault; (c) a date, not less than 30 days from the date <br />the notic� is �,iven to Borrower, hy which ths d�t'ault must be cured; and (d) that failure tu car� the <br />d�fault on or before the date specifi�d in khe notice may result in acceleration Uf the snrns secured by <br />this S�curity Instrument and sale of th� Pt'operty. The notice shall further inform Borro�ver of the <br />right to reinstate after acceleration and ths right to bring a court action to assert ths non-existence af <br />a default ar any other defens� of Barrar�ver ta acceleration and sale, If the default is nok erured on or <br />before the date specified ian the notice, Lender at its option may require immediat� payrtyent in full oF <br />all sums secured by this S�cnrity Instrument without further demand and may invoke the power of <br />sale and any other rerr�edies permitted by Applicable Law. Lend�r shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this ��ctic�n 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power c�f sale is invoked, Trustee shall record a notice c�f default in each county in which <br />any part of the Property is located and shall mail copies of such natice in the manner prescribed by <br />Applicable Law to Barrower and to the other persons prescribed by Applicable Law, After the time <br />required by Applicable Larv, Trustee shall �ive public notice of sale to the p�rsans and in the manner <br />prescrit�d by A�plicable Law, Trustee, without demand on BorraWer, shall sell the Property at <br />public auction to the highest bidder at the time and placc and under the terms designated in the <br />notice of sale in one or more parcels and in any arder Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Propsrty b� public announcement at the time and place of any previou5ly <br />scheduled sale, Lend�r or i�.s designee may �urchase the Froperty at �ny sale. <br />Upon receipt of payment af the price bid, Trustee shall deliver to the purchaa�r Trust��'s d�ed <br />conveying the Property. The recikals in khe Trustee's deed shall be prima facie evid�nce af the truth <br />of the statements mad� therein, Trustee shall apply the proceeds of the sale in th� fallav�ving arder: (a) <br />ta all costs and expenscs uf ear�rcising the power of sale, and the sale, including th� paynn�nt Uf th� <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secnred by this Security Instrument; and (c) any excess ta the pe�rson or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by Ihis Security Instrument, L.ender shall <br />r�:quest Trustee to reconvey We Property and shall surrender lhis Security Insttument and all notes <br />evidencing debt secured by this Security Tnstrument to Trustee. Trusle�: shall reconvey the Property <br />wilhout warranty ta the person or persons legally entitled to it. Such person or persons shall pay any <br />rccordation cUSts. Lender may charge such person or persons a fee for reconveying the Prap�rty, k�uf �ynly <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. Substitute Trustee, Lender, at its option, may from time to time remove TruslGe and appaint a <br />successor trustee to any Trustee appointed hercundcr by an instrum�nt rsc.arded in the county in which this <br />5ecurity Instrument is recard�:d. Withaul canv�yance of the Praperty, th� snccessor trustee shall succeed to <br />all the title, power and duti�s canferred 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 addr�ss which is the Property Address. <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � <br />�-61N�) �osi i� Page 13 of 16 Initials: Fo►m 3028 1/01 <br />� <br />
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