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201009112
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Last modified
12/7/2010 4:18:35 PM
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12/7/2010 4:18:34 PM
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DEEDS
Inst Number
201009112
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2oioosii? <br />by any governmental or regulatory authority, ar any prival� party, that any removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Banrawer shall promptly take all necessary <br />remedial actions in accardance witl� Enviranmental L,aw. Nothing herein shall create any obliga[ion on <br />I.ender for an �nvironmental Clcanup. <br />NON-UNIFORM COV�NANTS. Borrawer and L.ender further covenant and agree as follows: <br />22. Acceleratian; Rernedies, Lender shall give notice to Sorrower prior to acceleration 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). Thc notice shall speciPy: (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 Borrower, hy which the default must be cured; and (d) that failnre ta eure khe <br />default on or before the date specified in the notice may result in accelar�tian af the surns setnred by <br />this Security Instrument and sale of the Pr'aperty. The notice shall further inform Borrower of the <br />right to reinstate aftcr acceleration and the right to bring a court actian to assert the non-existence of <br />a default or any other defense nf Borrower ko acceleration and sale. If the default is not cured on ar <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 Instrurnent without fnrther 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 />e�enses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in cach �:aanty in which <br />any part of the Property is located and shall mail copies of such notic� in th� manner pr�scribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicabl� Ls�w. 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 Borrow�r, shall sell the Property 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. Trustce may postpone sale <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 Prop�rty. The recituls in the Trustee's deed shall be prima facie evidence of the truth <br />of the stutements mad� therein. Trust�� shall apply the proceeds of the sale in the following order: (a) <br />to all costs and �xpenses of exercising the pc�wer of sale, and th� sale, including th� payment of the <br />Trustee's f�es actually incurred and areasanabNe aktorneys' fe�s as p�rmitted by Applicable Law; (l�) to <br />al1 sums s�tured by this Security Instrument; and (c) an� excess ta the person or persqns legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, L.ender shall <br />request Trustee to reconvey the Property and 5narr surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Tnstrument to Trustee. T'rustee shall reconvey the Praperty <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Properiy, but only <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 Truste�. I,�ncier, al its option, may from time to time remove 'I"rustee and appoint a <br />successar trustce to any Trust�e appointcd hcrcundcr by an instrument recorded in the county in which this <br />Security Instrumenk is recorded. Without canveyance �7f th� Pro�c:rty, lhe succ�ssor lrustee shall succeed to <br />all the title, power and duties conferred upon Trustee h�r�in and by Applicable I,aw. <br />25. Request for Notices. Borrower requests that ec�pi�s ot' the notic� �f d�fault and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />� (08111 PAqe 13 of 16 �nitia�s: Form 3028 1I01 <br />
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