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201100180
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Last modified
1/10/2011 4:30:16 PM
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1/10/2011 4:30:15 PM
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DEEDS
Inst Number
201100180
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2oiioo��o <br />by any governmental or regulatory authority, or any private party, that any removal or atlier remediation <br />of any Hazardous Substance affectin� thc Property is necessary, Borrower sha11 pramptly take all necessary <br />remedial actions in accordance with �nvironmental L,aw. Nothing herein shall create any obligation on <br />I,ender for an Environmental Cleanup. <br />NON-UNIFORM COV�NANTS. Borrower and Lender further covea�ant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration follawing <br />Evrrower's breach of any covenant or agreement in this Security lnstrument (but not pripr to <br />acceleration under Section 1S unless Applicable Law provides otherwise). 'Che notice shall specify: (a) <br />the detault; (b) the action required to cure the default; (c) a date, not less tlian 30 days frvm the datc <br />the noticc is �iven to Borrower, by which the default rr►ust 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 inform Sorrc�wer pf the <br />ri�ht to reinstate after acceleration and the right to brin� a court action to assert the non-existence nf <br />a default or an�� other defense nf Borrower to acceleration and sale. If the default is not cnred on �r <br />before thc date specified in the notice, Lender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable. Law. Lender shall be entitled to collect alt <br />expenses incurred in pursuing the remedies provided in this Sectian 22, includiug, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sal� is invoked, Trustee shall recorc� a notice of default in each county in which <br />an3� part of the Property is located and shall mai! copies of such natice in the manner prescribed hy <br />Applicable Law to Sorrawer and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable X..�an�, Trustee shall givc public notice of salc to the persons and in the manner <br />prescribed b,y Applicable Law. Trustee, without demand on Eorarower, 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 or more p�trcels and in any order '�'rustee determin�s. Trustee ma,y postpone sale <br />of all or an�� parcel of the Property b3� public announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at an,y sale. <br />tJpan receipt of payment of thc price bid, Trustee 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. Trustee shall apply the proceeds af the sale in the fallowing order: (a) <br />to all costs and expenses of exercising the power or sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable aYtorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person ar persons legally <br />entftled to it. <br />23. Reconveyance. Upan payment of all sums secured by this Security Instrument, �,end�r shall <br />requ�st Trustae to reconvey the Property and shall surrender this Security Instrument and al1 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 perspn or persons shal] pay any <br />recordation costs. Lender naay charge such person or persons a fee for reconveying the Froperty, but oanly <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the chazging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may firom time to time remove Trustee and appoint a <br />successor trustec to any Trustee appointed hereunder by an instrument recorded in the county in whicli this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trust.ee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable .�aw. <br />25. Request for Notices. Sorrower requests that copies of the notice of default and sale be sent to <br />Borrower' s address which is the Propez Address. <br />231031 <br />N�BRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT / /�t� / j� <br />�-6�NE) �oe�i� Page 13 of 15 tnilials: lJ.feY` Form 3028 1/01 <br />� <br />
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