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201009143
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Last modified
12/8/2010 3:38:49 PM
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12/8/2010 3:38:48 PM
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DEEDS
Inst Number
201009143
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20�00914� <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance aff'ecting 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 />T.ender for an �nvironmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and L.ender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration follow�ing <br />Borrower's breach of any covenant or agreement in this SeG�rrit� lnstrument (but not prior to <br />acceleration under Section 18 unless Applicable I,arw pro�vides otherwise). Th� natiee shall sp�cify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less khan 3Q days PrUm the date <br />the notice is given to Borrower, by which the default must be cured, and (d) that failure tu c;ur� th� <br />default on or befor� th� date specified in the notice may result in acceleration of the sums secured by <br />this Secr�rity Instruxnent and sale pF th� Prop�rty. The notice shall further inform Sorrower of the <br />right to reinstate after acceleration and the right to bring a c;purt action ta ass�rt the non-�xistence of <br />a default or any other defense of Borrower to accelerakian and sale. If the default is nat cured on or <br />before the date specified in the notice, Lender at its aption rnay req�uire imrnediate payment in full of <br />all sums secured by this Security Instrument withaat further d�mand and may invoke thc power of <br />sale and any other remedies permitted by Applicable Lavv. Lender shall be entitled ta collect all <br />expenses incurred in pursuing the remedies provided Xn this Seetipn 22, ineluding, btut nUt limited to, <br />reasonable attorneys' fees and costs of title evidene�. <br />If the power of sale is invoked, Trustee sha11 recard a natice of detaalt in eueh county in which <br />any part of the Property is located and shall rnail cppies af such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed l�y Ap�licuble Law. After the time <br />reyuired by Applicable Law, Trustee shall give public not'rce of sale to the persons s�nd in thc manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell khe Pruperty at <br />pnblic auction to th� hi�hsst biddcr at the time and place and under the terms designated in th� <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may po5tpone sale <br />of all ar any parcel af thc Property by public announcement at the time and place of any �xeviously <br />scheduled sale. Lender or its designee may purchase the Property at �ny sale. <br />Upan r�c�ipt of payment of the price bid, Trustee shall deliver to the purchaser Truskee's de�d <br />canveying the Property. The recitals in the Trustee's deed shall be prima facie evidence oF the truth <br />af the statements made kherein. Trust�e shall apply the proceeds of the sale in the following order: (a) <br />to all costs and expenses pf exertising the power of sale, and the sale, including the payrnent of the <br />Trustee's fees actually incurred and reasonabl� attorneys' fees as permitted by Applicable LaW; (b) to <br />all sums secured by this Security Xnstrunnent; s�nd (c) any excess to the person or persons Iegally <br />enti#led to it. <br />23. Recanveyance, Upon payment af all sums secured by this Security Instrument, Lender shall <br />request Trustee ta reconvey the Property and shall surrender this Security Instrurnent and all notc;s <br />evidencing debt secured by this Security Instrum�nt to Trustee. Trustee shall reconvey the Prope�rty <br />without warranty to the person or persons legally entiLl�d Lq it. Such persan or persons shall pay any <br />recordation costs. Lender may charge such person or persans a f�� for reconvcying the Property, but only <br />if the fee i5 paid tv a third party (such as the "1 rustee) for services rendered and th� c:harging of the fee is <br />permitted und�r Applic;abl� I.aw. <br />24. Substitute Trustee. I.,end�r, at its option, may fram time to time remov� Trustee and appoint a <br />successor trustec Ca any Trustce appointed hereunder by an instz•ument recorded in the county in which this <br />Security Tnstrument is recardsd. Without conveyance of the Praperty, th� successor trustee shall succeed to <br />all the title, power and duties cc�nfcrred upon Trustee herein and by Applicable Law. <br />25. Request far Notices. Borrower requests that capies of thc notice of default and sale be sent to <br />Borrower's address which is the Prop�rty Address. <br />NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIF�RM INSTRUMENT �(� `' /� <br />�-6�NE) �oai i� Pape 13 of 16 Initials; �� Form 3p28 1/01 <br />
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