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2�10�97�9 <br />by any governmental or regulatory authority, ar any private party, that any removal or nther remedia.tion <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmenta] Law. Nothing herean shall create any obligation on <br />Lender for an Environmental Cleanup. <br />N�N-tJ?�IF�RM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceler�tion; Remedies. Lender shall give notice to Sorrawer prior to acceleration following <br />Borrower's breach of an,y covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable ]Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required ta eure the default; (c) a date, not less than 30 da,ys from the date <br />the notice is riven to Borrower, by which the default must be curect; and (d) that failirre to cure the <br />default on or before the date specified in the notice ma�� result in acceleration of the sums securec3 by <br />this Security Instrunnent 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 anv other defense of Eorrow�r to acceleration and sale. If the default is not cured on or <br />before tl�e date specified in the notice, Lender at its option may require immed�ate pa��ment i» full uf <br />all sums secured b}� this Security Instrument withuut further denattnd and rnay invoke the power of <br />sale and an�- ather remedies perrnitted by A,pplicable La��. Lender shall be entitled to collect a11 <br />expenses incurred in pursuing tlae remedies provided in this Section 22, including, but not limited to, <br />reasonable attarne,ys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shal6 record a notice ot' t�efau.lt in eacli count` in which <br />an�� part o1� the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable La��t� to Borrower and to the other persons prescribed b}� Applicabie Law. After• the time <br />required b}� Applicable Lav��, Trustee shxiE give public natice of sale to the persons and i�a the rnanner <br />prescribed by Applicable La��. Trustee, without demand on Borrower, shall sell the Prapert�� at <br />public auctior. to the highest bidder at the time and place and under the terms desibnated in the <br />notice nf saie in one ar more parcels and in an�� order 'Frustee determines. Trustee ma�� postpone sale <br />of all or an}- parcel of the Propert� b�� public anaaouy�cernent at the time anc� place of an3� previousl.y <br />scheduled saNe. Lender or its designee n�ay� purchase the Propert}� at an�� sale. <br />Upon receipt of payment of the price bid, 'Trustee shall deliver to the purchaser Trustee's deeu <br />conve,ying the �'roperty. 'I'he recitals in the Trustee's deed shall be. prima facie evide�ace of the truth <br />of the statements made therein. 'I'rustee shaII appl� the proceeds of the salr•. in the followin� arcier: (al <br />to ail costs and expenses of exercising the power of sale, and the sale, inciuding the payment of the <br />Trustee's fees actuatly incurred and reasonable attorneys' fees as permitted by Applicable laxw; (b) to <br />all sums secured by this Securit�� Instrument; and (c} any excess to the person or persons legally <br />entitled to it. <br />Z3. Reconvevance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and sl�all surrender this Security Instrument asid all notes <br />evidencin� debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warrazxty to the person or persons legall�� entitic;d to it. Such person or persons shall pay any <br />recordation costs. Lender nnay charge sucli person o: persons a fee for reconveying the Property, but only <br />i.f the fee is paid to a t}aiard party (such as t11e Trustee) for services rendered and the char�ing of the fee is <br />perznitt�d under Applicable Law. <br />24. Suhstftute Trustee. Lender, ai its option, may from time to time remove 'I�rustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in tlae county in which diis <br />Security Xnstrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, powcr and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrnwer requests that cppies of the notice of default and sale be sent to <br />Borrower' S adciress which is the Property Address. <br />�� 231�17. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac IiNIFORM INSTRUMENT <br />�-B(NE) (0811) Page 13 of 15 i��t�ais Form 3028 1/01 <br />� <br />