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2oioos93� <br />by any governmental or regulatory authority, or any private party, that any re;moval or other remediation <br />of any Hazazdous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Enviranmental Law. Nothing herein sha.il create any obligation on <br />L.ender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Recnedies. Lender shall give notice to Borrower prior to acceleratian following <br />Borrower's breach of any covenant or agreement in this Security 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 Borrawer, by which the defaalt must be cured; and (d) that failure to cure the <br />default on or before the date speci�ed 'tn the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Praperty. The notice shall further inform Borrower af the <br />right to reinstate after acceleratioan and the right ta bring a court action #o assert the non-existence of <br />a de�ault or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />be�'ore the date speci�ed in the notice, Lender at its option may require i�nmediate payment in iull of <br />all sums secured by this Security Instrument without further 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, includin,g, but not limited to, <br />reasonable attorneys' fces and costs oF title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of defaalt in each caunty in which <br />any part of the Property is loca#ed and shall mail copies of such notice in tJae manner prescribecl by <br />Applicable Law to Borrower and to the ather persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public not"rce af sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Barrower, shall sell the Property at <br />pablic 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 detet�tKtines. Trustee may postpone sale <br />of all or any parcel of the Property by pablic announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Praperty 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 procceds of the sale in the following arde�r: (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 attarneys' fees as permitted by Applicable Law; (h) to <br />all sunns secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, I.,ender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instnunent and all notes <br />evidencing debt secured by this Security Instrurnent to Trustee. Trustee shall recanvey the Property <br />without warranty ta the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. L.ender rnay 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 xendered and the charging of the fee is <br />pern�itted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, rnay from time to tirne rernove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Withaut conveyance of the 1'roperty, the successor trustee shall succeed to <br />all the title, power and duties conferred 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 address which is the Froperty Address. <br />NEBRASKA - Single Family - Fannia Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) �osi �i Page 13 af 16 �nitia�s: Form 302$ 7/01 <br />�� �y �����/�r�.�l.. <br />. , � s <br />