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201100376
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Last modified
1/19/2011 1:10:03 PM
Creation date
1/19/2011 1:10:02 PM
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DEEDS
Inst Number
201100376
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20110D37G <br />by any governmental or regulatory authority, or any private party, that any rernoval or other rernediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall prornptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />L,Qnder for an Environmental Cleanup. <br />NON-UNT�ORM COVENANTS. Borrower and L.ender further cavenant and agree as follows: <br />22. Acceleration; Remedies, Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable I.aw provides otherwise). The notice shall specify: (a) <br />the default; (b) the action reqaired to cure the default; (c) a date, not less than 30 days t'rom the date <br />the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date speci�ied 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 Borrower of the <br />right to reinstate after acceleration and the right to bring a caurt action to assert the non-existence af <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured an or <br />before the date specified in the notice, Lendec at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without fu�rther demand and m�ay invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, bat not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />pablic 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 parcels and in any arder Trustee determines. Trustee may pastpane sale <br />of all or any parcel of the Property by public announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the 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 of the sale in the following order: (a) <br />to all costs and expenses oF exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fces as permitted by Applicable Law; (b) to <br />all sums secured by this 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 shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instruraent 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 />recordation costs. I.,ender may charge such person or persons a fee for reconveying 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 />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from tirne to tirne remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrurnent recorded in the county in which this <br />Security Instrurnent is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Tn►stee herein and by Applicable Law. <br />25. Request for Notices. Borrower 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 MaelFreddie Mac UNIFORM INSTRUMENT �, ,� � <br />�-61NE► loai i� Page 13 of 15 Initials: �� f �form 3028 1/09 <br />� ; <br />. <br />� <br />
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