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201008933
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Last modified
11/30/2010 4:39:35 PM
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11/30/2010 4:39:34 PM
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DEEDS
Inst Number
201008933
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241 008933 <br />by any governmental or regulatary authority, �r any private party, that any removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender fox an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. �orrower and I.ender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall glve notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (bat 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, nat less than 30 days from the date <br />the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date specifled in the notice may result in; acceleration of the sums secuced by <br />th➢s Security Instrument and sale of the Property. The notice shall further infor�u Borrawer 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, Lendex at its option may cequice immediate payment in full 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. I.ender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasanable attorneys' fces and cpsts of title evidence. <br />If the power of sale is iuvoked, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable I.aw to Bor�rower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Propeirty at <br />public 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 determines. Trustee may postpone sale <br />of all or any parcel ot the Prroperty 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 delivear 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 fces actually incurred and reasonable attarneys' fee.s 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. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee sha11 reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may chazge such person or persons a fee far reconveying the Property, but only <br />if ihe fee is paid to a third party (such as the Trustee) for sezvices rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. SubstItute Trustee. Lender, at its optian, may from tinne to time remove 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. Without conveyance of the Property, the successoar trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Reguest fpr Notices. Borrower requests that copies of the notice af default and sale be sent to <br />Borrawer's address which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) IoB� � � Page 13 of 15 �nit�als: � _— FOrm 3028 1l07 <br />+� ��[,. <br />� " ��'�`�'�i�.A�. <br />
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