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201100098
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1/4/2011 4:44:03 PM
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1/4/2011 4:44:02 PM
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DEEDS
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201100098
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2011QOU�8 <br />by any governmental or regulatory authority, or any private party, that any r�moval or other remediation <br />of any Hazardous Substance affecting tl�e Property is necessary, Borrower shall promptly take all necessary <br />rernedial actions in accordance with Envimnmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-ITNIFORM COVENANTS. Bnrrower and Lender further covenant and a�ree as followti: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower priar tn acceleration 1'ollawing <br />Sorrower's breach of any 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 requir�d to cure the default; (c) a date, not less than 30 da,ys t'rom the date <br />the notice is given to Borrower, by which the default mast be cured; 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 by <br />this Security Instrument and sale of the Property. The notice shall further infarm Sorrower af the <br />right to reinstate after acceleration and the xight to bring a caurt action to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its aption may r�quire immediate payment in full of <br />a11 sums secured by this Securit�� Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applieable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the rernedies provided in this Secdon 22, including, but not Iimited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the pawer of sale is invoked, Trustee sha11 record a notice of default in each county in which <br />any� part of the Property is located and shall mail copies ot' such notice in the manner prescribed by <br />Applicable Law ta Borrower and to the other persons prescrihed by Applicable Law. After the tirne <br />required b,y Applicable Law, Trustee shall give public notice of sale to the persans and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Barrower, shall sell the Property at <br />public auction to the highest bidder at tl�e time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may pastpone sale <br />of all or any parcel of the Property by public announcement at the time and place af any previously <br />scheduled sale. Lender or its desi�nee may purchasN the Properry at an�� sale. <br />Upon receipt of payment af the price bid, '�'rustee 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. Trnstee shall apply the proceeds of the sale in the following order: (a) <br />to all costs and expenses oT exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by thfs 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 Instrument, Lender shall <br />request Trustee to reconvey the Property and sha11 surrender this Security Instnunent 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 persqn or persons sha11 pay any <br />recordation casts. Lender may charge such person or persons a fee for reconveying the Property, but only <br />if the fee ia paid to a third party (such as the Trustee) for 5ervices rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from tirne to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which thia <br />Security Instrument is recorded. Without canveyance of the Property, the successor trustee shall succeed ta <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Bozrower requests that copies of the notice of default and sale be sent to <br />Borrower' s address which is the Property Address. <br />���y�� <br />N�BRASKA - 5ingle Family - Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT <br />�-6(NE� �oei�� Page 13 of 15 iniciais: �� Form 30Z8 1/01 <br />� <br />
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