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201009679
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Last modified
12/27/2010 3:15:44 PM
Creation date
12/27/2010 3:15:43 PM
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DEEDS
Inst Number
201009679
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2oiaoss79 <br />by any govcrnmental or regulatory authority, or any private party, that any removal or other remediation <br />pf any Hazardous Substance affecting the Property is necessary, Barrower shall promptly take all necessary <br />remedial actions in accordance with Envirorunental Law. Npthing herein shall create any obligation on <br />L,ender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and I,�nd�r futther covenant and agree as follows: <br />22, Acceleration; Remedies. Lender shall give natiae to Borrawer prior to acceleration following <br />Borrower's breach of any cUVenant ar agreernent in this Security Instrument (but not prior to <br />acceleration under Section 1$ unless Ap�lieable Lavv pra�ides othervc7se). 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 default rnust be cured; and (d) that failure to cure the <br />default an or before the date specified in the notice may result in acceleratian af the sums secured by <br />this Security Instrument and sale of the Property. The natice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a caurt ackion to assert the non-eavstence of <br />a default or any other defense of Sarrower ta acceleration and ss�le. �f the default is not cured on or <br />before the date specified in the notice, Lender at its option may reyuire i�nrr�ediate payment in fall of <br />all sums secured by this Security Instrument without further demand s�nd may invake the pawer af <br />ss�l� and any other remedies permitted by Applicable Law. Lender shall be entitled tU collect all <br />�xp�nses incurred in pursuing the remedies provided in this Section 22, including, but nat litnit�d ta, <br />ressonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of deFault in ea�h caunty in which <br />any part of the Property is lacated and shall tnail capies af such notice in the manner prescribed by <br />Applicable Law to Borrower and tu th� other persor� prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give publie nokice af sale to the persons �nd in the manner <br />prescribed by Applicabl� Law. Trnstee, �vithout dert�nd an Borrorver, shall sell the Property at <br />public auction to the highest 1�idder at the time and place and ander the terms designated in the <br />notice of sale in one or m�re parcels and in any order Trr�stee deterrnines, Trustee may postpone sale <br />of all or any parcel of the Prap�rty by public announcetnent a# the time and place of any previously <br />scheduled sale. Lender ar i#s designee may purchase the Property at any sale. <br />Upon receipt of p�ym�nt of ths ��'i�e bid, Truatee shall deliver to the purchaser Trustee's deed <br />conveyir�g the PrUperty. 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 a11 costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trnstee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured hy 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 Tnstrument to "f'rustee. "1'rustee shall reconvey the Property <br />without warranty to the person or persnns legally entitled tn it. Such person or pe.rsons shall pay any <br />recordation costs. T.ender may charge such persan vr persans a fee for reconveying the Praperty, but only <br />if the fee is paid to a third party (such as the Trust�e) For services rendered and th� charging of lhe fee is <br />�ermittcd undcr Applicabla Law. <br />24. Substitute Truste�. I.,end�r, at its aption, may frc�m time ta time remav� 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 successor trustee shall su�ceed 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 Property Address. <br />NEBRpSKA - 5ingle Family - Fannie Mae/�reddie Mac UIVIFORM INSTRUMENT <br />�-61NE) �os7 � � Paqn 13 of 16 i��t�eia: Form 302$ 9/09 <br />� <br />
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