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201009708
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Last modified
12/27/2010 4:23:15 PM
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12/27/2010 4:23:14 PM
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DEEDS
Inst Number
201009708
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�0�oo�7os <br />by any governmental or regulatory authority, or any private party, that any rernoval or other rernediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall prornptly take all necessary <br />remedial actions in accordance with 8nvironznental Law. Nothing herein shall create any obligatian on <br />Lender for an Environmental Cleanup. <br />N4N-UNIFORM COVENANTS. Borrower and L,Qnder further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower pr3or to acceleration following <br />Sorrawer's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Appl'rcable 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 fram 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 speci�ed in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Praperty. The natice shall further inform Borrower of the <br />right to reinst�te 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 defaalt is not cured on or <br />before the date speci�ed in the notice, Lender at its option may require immediate payment in full of <br />all sums secured by this Securiity Instrument without further demand and rnay invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Sectian 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 the Property is located and shall mail capies of such notice in the manner prescribed by <br />Applicable Law to Borrower 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 Property at <br />public auctian to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or mare 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 previausly <br />schecluled 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 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 #he 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' fces as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrurnent; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of a11 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 Instrurnent to Trustee. 'I"rustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it, Such person or persons sha11 pay any <br />recordaCion 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 af the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, rnay from time 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 Instzument is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />aJl the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />2S. 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 />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-BINE) 1os> > i Page 13 of t S inie�ais: C, Form 3028 9/01 <br />P3 <br />,. � l 5 <br />
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