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201009828
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Last modified
12/30/2010 3:48:47 PM
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12/30/2010 3:48:46 PM
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DEEDS
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201009828
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20100982$ <br />by any governmenta� or regulatory authority, or any private party, that any rencwval or other remediation <br />of any Hazardous Substance affecting the PropeRy is necessary, Borrawer shall promptly take all necessary <br />remedial actions in accordance with Environrnental Law. Nothing herein shall create any abligation on <br />Lendex for an Environmental Cleanup. <br />NON-iINIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleratian; Remedies. Lender shall �ve natice to Borrower prtar to aooeleratlon following <br />Borrower's hreach o£ any cavenant or ag�reement ut this Securfty Instrirment (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwLge). The natice s6all speaify: (a) <br />the def�ult; (b) the action required to eure the default; (c) a date, no# less than 3q days from the date <br />the noiice is given to Borrower, by wluch the default must be cured; and (d) that fa�lure ta cure the <br />default on or before the date specified in the notice may �sult �n acceterallon of the sums secured by <br />this Security Iustrument and sale of the Property. The notice shall fuirther inform Barrower of the <br />right ta reinstate after acceleration and the r(ght to bring a court action to assert the non��stence af <br />a dePault or aan,y ather defense af Borrower to acceleratlon and sale. If the default is nat cured on or <br />lyefore the date specified in the notice, I.endear at its option may require immerLiate paymeat in full af <br />all sums secured by tbais Security Instrument withoat �rxrther demand and may invoke tlie power of <br />sale �nd any other remed�ies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies prnvided in this Section 22, including, but not linu�ited to, <br />reason�ble attorneys' fces and cpsts of title evidence. <br />If the power of sale is invoked, Trustee shnll record a notice of defaWt In each couunty in which <br />any part of the Propearly is locaCed and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrowex and to the other perso�ns prescribed by Applicable Law. After the dme <br />required by Applicable Law, Ttvistee ahall g�ve publ�c notice of sale tn the persons and in the manner <br />prescribed by Applicable Law. T�ustee, witlxout demand on Borrowe�r, shall sell the Property at <br />public ancrion to the highest bidder at the time and place and under the terms �ignated in the <br />notice of s�le im one or more parcels and in any order Trustee detenmines. Trrrstee maY postp[►ne sale <br />of all or any parcel of the Property by prublic announcement at the tlme and place of any �reviarysly <br />scheduled sale. Lender or its designee may purchase the Property at �ny sale. <br />Upon rec:�i�t of paymeaat af the price bid, Trustee shall deliver ko the purchaser Truste,�'s dced <br />conveying the Property. The recitals in the Trustee's dced shall be prim� facle evidence of We truth <br />af the statewents made therein. Trustce shaU apply the proceeds of the sale in the fallo�rvving order: (a) <br />tp all costs and expenses af ezercisYng the power of sale, and the sale, lncluding the payment of the <br />Trustee's fees sCtually incu�['ed 8�nd reasonable atto�eys' �ees as pernutted by Applicable Law; (b) to <br />all sums secured by this Securlty rnstr�unent; a�nd (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all su�ns secured by this Security Instrument, I.endex shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secur� by this 5ecurity 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 />recc�rdation costs. I.ender may charge such person or 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 />pez�mitted under Applicable L,aw. <br />24. Substitute Trustee. Lender, at its option, may from time to Cime remove Trustee and appoint a <br />successor trustee to any Trustee appninted hereunder by an instrument recarded in the county in which this <br />5ecuriity Instrument is recorded. Withvut conveyance of the Praperty, the successor trustee shall succeed to <br />all the dtle, power and duties conferred upon Trustee herein and by Applicable I.aw. <br />25. Request for Natices. Borrvwer 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 MaalFr�ddie Mac UNIFORM IlVSTRUMENT <br />�-61NE) 108� �1 Page 13 of 15 mitials: Foml 3028 7/01 <br />
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