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201009824
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Last modified
12/30/2010 3:41:10 PM
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12/30/2010 3:41:09 PM
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DEEDS
Inst Number
201009824
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�oiaoss24 <br />by any govemmental or regulatory authority, or any private party, that any removal ar other remediation <br />of any Hazard�us Substance affecting the Yroperty is nec;cssary, Borrower shall proniptly take all necessary <br />remedial aGtians in accordance with Isnviranxnental Law. Nothing herein shall create any obligation on <br />I,endar for an Environmental Clcanup. <br />NnN-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as f"ollows: <br />22. Acceleration; Rem�di�s. Lender shall give notice to Borrower prior to acceleration following <br />8orrcrwer's breach of any covenant or agreement in this Security Tnstrument (but not prior to <br />aGCeleration under Sectian 1$ unless Applicable Law provid�5 c�thecwise). The notice shall specify: (a) <br />thc default; (6) the acti�n reyuired to cnre the default; (c) a date, nat less than 30 days from the date <br />th� ncrtice is given to Borrower, by vvhich the default must be cur�d; and (d) that failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the sums secured l�y <br />this Security Instrument and sale of the Property. The noti�� shall further inform Borrower of the <br />right to rein�tate after acceleration and the righk tU brin� a court action to assert the non-existence c�f <br />a default or any ather defense of Borrower to acccleration and sa1e. If the default is not cured on or <br />before th� dat� �pecified in the notice, Lender at i�ti uption xnay require immediate payment in full c�F <br />all sums secured hy this Security Instrument without further dernand and may invoke the power of <br />sale and any other remedies permitted by AppliGable Law. Lender shall be entitl�d to collect ull <br />expenses incurred in pursuing the remedies prc�vided in th'rs Section 22, including, but not limited tc�, <br />reasonabl� attorneys' fees and costs of titl� evidence. <br />If the por�ver of sale is invoked, Trustee shall record a notice of default in each caunty in which <br />any Part of the Froperty is located and sha11 mail copies of such notice in the manner prescribed by <br />Applicable Law to B�rrow�r and to the other persons prescribed by Applicable Ls�w. After the tirne <br />required by Applicahl� Law, Trustee shall give public notice of sale to th� persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Sorrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one ar rnore parcels and in any order Trustee dct�rmines. Trustee may postpone sale <br />of all or any parcel af the Property by public announcem�nt at the time and place of any previously <br />scheduled sal�. Lender or its designee may purchase the Prap�rty at any sale. <br />Upon receipt af payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Praperty, The recitals in the Truste�'s dc�d shs�ll be prima facie evidence of the truth <br />of the stut�ment�s made therein. Trustee shall apply the proce�ds r�t' the sale in the following order: (a) <br />to all costka and expenses of exercising the powcr of sale, and the sale, including the payment of the <br />Trustee's fees actnally incurred and reasonable attorneys' fees as p�rmitted by Applicable Law; (b) to <br />all sums s�cared by this Security Instrument; and (c) any �xc�ss tU the person or persons legally <br />entitled to it, <br />Z3. Reconve�ance. Upon payment of all sums sccured by this Security Instrument, T.ender shall <br />rc:quest Trustee to reconvey the Properly and shal! surrender this Security Instrument and all nofes <br />cvidencing debt secured by this Security Inskrum�n[ tc� Trustee. Trustee shall reconvey the Property <br />without warranty to the person or p�rsc�ns legally entitled to it. Such person or persons shall pay any <br />recordation costs. L.ender may chargc such person or persons a fee for reconveying the Property, but only <br />if the fee is paid to a lhird party (such as the Trustee) for services rendered and the charging of the fec is <br />permitted under Applicabl� I.aw. <br />24. Substitute Trastee, Lender, at its option, may from time to time removr Trustee and appaint a <br />successc�r trustee to any Trustee appointed hereunder by an instrumenl rcc:orded in the county in which this <br />Security In,strumcnl is recorded. Without conveyance of the Property, lhe successar trustee shall succeed to <br />all the title, power and duties conterred upon frustcc hcrcin and by Applicable Law. <br />2S. Request for Notices. Borrower requesfs that copies of khc notice of default and sale be sent to <br />Borrower's address which is lhe T'ropc:rty Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN57RUM�N7 <br />�-61NE) wsiii Page 13 af 15 mi�iais: Form 3028 1/01 <br />
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