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201008906
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Last modified
11/30/2010 3:52:12 PM
Creation date
11/30/2010 3:52:11 PM
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DEEDS
Inst Number
201008906
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�oioossa� <br />by any govemm�:ntal or regulatory authority, or any private party, that any removal or olher remcdiation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all n�c�ssary <br />remedial actions in accordance with Environmental T.aw. Nothing herein shall crealc any abligatiUn on <br />T..ender for an Environmental Cleanup. <br />NON-iJNIF�RM COVENANTS. Borrower and Lender further covenant and agree as follows. <br />2Z. Accelerutian; Remedies, Lender shall give notice to Borrower prior to acceleration following <br />Borrpwer's breaeh of any covenant or agreement in this Security Instrument (but not prior to <br />aGCeleratian under Section 18 nnless Applica6le 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 giv�n ko Sorrower, by r°vhich the defanit rnnst be cured; and (d) that failure to cure the <br />default on ar before the date specified in the notice may result in acceleration of the sums secured by <br />this Secnrity Ynstrrrment and sale of the Property, The notice shall further inform Borrower of 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 defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without furth�r demand and may invoke th� power of <br />sale and any other r�medi�s permitted by Applicable Law. Lender shall l�e entiticd to collect all <br />expenses incurred in pursuin� th� r�m�die� pr�vidcd in this Section 22, including, but not limited to, <br />reasonable attorneys' Pees and c:asts of kitle evidenc�. <br />If th� power of sal� is invaked, Trustee shall recard a notice of default in each cannty in which <br />any part of th� Property is located and shall mail ea�ies af such notic� in khe manner prescribed by <br />Applicable Law to Borrower and to the other �ersons pres�ribed by Ap�litabl� Law. After thc time <br />required by Applieable Law, Trustee shall give public notice ot' sale tp the persons and in the mannsr <br />preseribed by Ap�licable Law, Trustee, without demand on Bat'rpwer, slxall sell khe Prpp�rty at <br />public suction 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 sal� <br />of all or any parcel 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 shall deliver to the purchaser Trustee's deed <br />conveying the 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 proceeds of the sale in the following 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 fees 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. IJpon paymcnt of all sums secured by this Security Tnstrument, Lender shall <br />request Trustee to r�:convey lhe Property and shall surrender this Security lnstrument and all notes <br />evidencing debt secur�d by this Security Instrument to Trustee. Trustee snarr reconvey the Property <br />without warranty to th� person or persons legally entitled to it. 5uch person or persons shall pay any <br />rccordation costs. Lender may charge such person or persons a fee for reconveying the Property, but oniy <br />if the f�e is paid to a third party (such as the Trustee) for services rendered and the charging of the fe� is <br />pertnitted under Applicable Law. <br />24. Substitute Trustee. L.ender, at its aptian, may from time to time remove Trustee and appoint a <br />successor trustee to any "I'rustee appointed hereunder by an instrument recarded in th� upixnty in which this <br />Sccurity Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed t� <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Sorrower requests that copies af the natice af default and sale bc� sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mao UNIFORM INSTRUMENT � <br />�-6�NE) �psi i � Paae 1 3 pf 1 6 inisiais: L� � Form 3Q28 1/O1 <br />
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