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201009713
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Last modified
12/27/2010 4:30:21 PM
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12/27/2010 4:30:20 PM
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DEEDS
Inst Number
201009713
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2oioos�i3 <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />af any Hazardous Substance affecting the Property is necessary, Borrower shall prornptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligatian on <br />Lender far an Environmental Cleanup. <br />NON-UNIFQRM COVENANTS. Bonower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Barrower prior to acceleration following <br />Borrower's breach of any covenant ar agreement Yn this Security Instrument (but not prior to <br />acceleration ander Section 1$ unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the deFault; (b) the actian requ�red to care 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 befare 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 notice shall further inform Borrower of the <br />right to reinstate 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 ta acceleration and sale. If the default is not cured on or <br />before the date speci�ed in the notice, Lender at its option may require immedlate payment in full of <br />all sums secured by this Security Instrument withaut further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled ta collect all <br />expenses incarred in pursuing the remedies provided in this Sectian 22, including, but not limited to, <br />reasonable attarneys' fees and costs of tide evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the n�anner prescribed by <br />Applicable Law to Borrower and to the other persons prescribec� by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale ta the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the tirae and place and under the terms designated in the <br />notice of sale in one or mare parcels and in any order Trustee determines. Truste� may postpone sale <br />of all nr any parcel of the Property by public announcement at the time and place ot 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 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 the proceeds of the sale in the following arder: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, including the payment af the <br />Trustee's fees actaally incurred and reasonable attorneys' fees as pernnitted by Applicable Law; (b) to <br />all sums secared by 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 Instnunent, I..ender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recoirdation costs. Lender rnay charge such person ar persons a fee for recanveying 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 />pernutted under Applicable Law. <br />�4. Substitute Trustee. L.ender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instnunent recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall 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 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 ///JJJ �C'� <br />�-BINE► Ios� tl PegB 13 of 75 Initials: � Form 3028 �/�� <br />f�� <br />` Y � <br />
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