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201009794
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12/29/2010 4:18:30 PM
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12/29/2010 4:18:29 PM
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DEEDS
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201009794
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201009�94 <br />by any �overntnezilal or re��rlatory aul.horit.y or any ptivule party, that any removal ot ol.het temediatiot� <br />of any Ha�ardnue Suhstance affectin� t.he Ptnpert.y is nece��ary, Borrower shall prolnptly t.ake all necessdry <br />rerrae�lial actiuns in accotdance with Enviroxunentul Law. Nothing hcrcin shall create any obligation on <br />Ler�d�r f��r an Enviromnental Cleanup. <br />NON-iJNIPORM COVENAN'1"ti_ I3orrowcr and Lcndcr furt�ter covenant atx�l agrec as follows' <br />22. Aeeeleratir�n; Remedies. Lender shall give notice to $orrower prior to acceleratinq f��llowin�! <br />Sorrower's breach n1' any covenant or agreemcnt in this Security Instrument (but not prior to <br />acceleratiun under Section 18 unless Applicable Law provides otherwisc). The notice shall specify: (a) <br />the default; (b) the action required to curc thc dcf'ault; (c) a dute, nut less thun 30 days from the datc <br />the notice is given to Borrower, by which the dcl'ault must be cured; and (d) that failure to cure the <br />default nn or beforc thc datc specilicrl in thc notice mry result in acceleratiun uf the sums secured by <br />this Security Instrumcnt and salc of the Property. The notice tihall further inform Burrower uf the <br />ri�ht tu reinstate after acecleration and the right to brin}; r court action to assert the nr►n-esistence of <br />a default or any other clefense of Burrower to a�celeratiun and sale. If the default is not cured on or <br />bcfbre thc date specified in the nntice, Lender at its option may require immediate payment in full uf <br />all sun►s secnred by this Security Instrument withnut further demand and may invnke the power nf <br />sale and any other remedies permitted by AppGcable Law. I,ender shall bc entitled to collect all <br />expenscs ineurred in pursuing the remedies pruvided in this Section 22, including, but not limited tn, <br />reasonable rttorneys' fees and costs of title evidence. <br />If the power of sale is invuked, Trustee shall recnrd a notice of default in each county ia which <br />any part of the Pruperty is located and shall mail cnpies nf� such notice in the manner prescril�ed hy <br />Applicable Law t�� Borrower and to the nther perruns prescribed hy Applicable Law. After ti�e tame <br />requircd by Applicable Law, Trustee shull give puhlic notice nt' sale to the persons and in the manner <br />prescribed Uy Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the hi�hest bidder at the time and place and undcr the terms designated in the <br />noticc of sale in nne or more purcels and in any order Trustee c�etcrmines. Trustee may pustpone sale <br />of a11 or any parcel of the Pruperty hy publi� unnouncement at t�e time and place nf any previnusly <br />schcduled sale. Lendcr ur its desiknee may purchase the Property at any sale_ <br />Upnn reccipt of payment of the price bid, Trustee shall deliver tn the purchaser Trutitee's deed <br />cnnveying thc Property. The rccitals in the Trustee's deed shall be prima facie evidence of the trath <br />of the Statements made thercin. Trustee shall apply the proceedti uf the sale in the followin� urder: (a) <br />tn all cnsts and espenses of eYCrcising the puwer of srle, and the sale, includinb the payment of the <br />Trustee's fees actually incurreri and reasnnable attorneyti' fees as permitted by Applicahle Law; (b) tu <br />al1 sums secured by this Sceurity Instrument; and (c) any excess to the person or persnns le�ally <br />entiticd to it. <br />23. Rcconvcyancc. Upon paymcnt of all SiltTl$ sccured hy this Security Inytrument, Lendnr shall <br />tequest Trustee to reconvey the Prnperty and shall sr�rrender thin se�uriiy iri5ir��r�t and all nntes <br />evidencin� debl secuted by lhis Security Instniment to 'I'nistee. Trustee ehall reconvey t.he Property <br />without warrairty to the person or persons legally entitled tn it_ Such persc�n ar pers��n� shall pay any <br />rec��tdation cosis. Lencler inay charge such person or persons a fee fot recr>nveying the Pr��perty, but only <br />if the 1'ee i� paid to a lhird party (such as the '1'nistee) for Gerviceti ren�lere�l an�i the charging af the f�c is <br />perniitted under Applicable Law_ <br />24. Substitute Truytee. Lender, at its option, rriay fram i„ne i� time temoVe Tni�tee ancl appaint a <br />successor tnistcc to any "l'niatee appointed k�ereunder hy an inslruinenl recorded in the counly in which [his <br />Sectiirity Instn�mcnt is recorded. Withnut canveyance of t.he Property, the successar lruslee shall succeed to <br />all thc title, power ata�l �lutiea c�mfetted upon Ttustee herein and by Applicablc Law_ <br />25. Rcqucst for Noticcs. Borrower requesls that cnpics of thc notice i��� dcfault and salc hc scnt to <br />Bnrrawer's address which is lhe Property Address. <br />NEBRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ��. <br />�-B(NE� (0811) Page 13 of 15 Initials: � Form 3Q28 1lD1 <br />��V <br />
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