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201009360
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Last modified
12/15/2010 4:19:36 PM
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12/15/2010 4:19:35 PM
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DEEDS
Inst Number
201009360
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�oloos�so <br />by any �overnmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardputi Substance affectin�; the Property is necessary, Borrower Shall promptly take a11 necessary <br />reznedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender fpr an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceler$tion; Remedies. Lender shall give notice to Sorrower prior to acceleration following <br />Sorrower's breach of any covenant or agreement i❑ this Security Instrument (but not prior to <br />acceleration under Section 1$ 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 Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The natice shall further inform Borrower af the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default ar any other defense of Borrower to 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 fall 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 alt <br />expenses 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 recard a notice of default in each county in which <br />any part of th� Property is located and shall mail copies af such notice in the manner prescribed by <br />Applicable Law tu Eorrower and to the ather 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 Sorrower, shall sell the Property at <br />public auction tc� 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 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 />LTpon receipt of payrnent of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. 'X'he recitals in the Trustee's deed shall be prirna 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. Reeonveyance. Upon payment of all sums secured by this Security Instrurnent, Lender shall <br />request Trustee to reconvey the Property and sha11 surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trixstee shall reconvey the Froperty <br />without warranty to the person or person,s legally entitled to it. Such person or persons sha11 pay any <br />recordation costs. Lender may 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 rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Tzustee 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 recordad. Without conveyance of the Property, the successor trustee sha11 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 capies of the notice of default ar�d sale be sent to <br />Bprrower's address which is the Property Address. <br />231003 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �o � <br />�-6�NE) �as��� Page 13 of 15 Initials: q� Form 3028 1101 ` <br />e <br />
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