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201100482
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1/21/2011 1:25:30 PM
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1/21/2011 1:25:29 PM
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DEEDS
Inst Number
201100482
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zuisoo�s� <br />by any governmental or regulatory authority, or any private party, that any removal or ather remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant 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 nat prior to <br />acceleration under Section 18 unless Applicable Law pravides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the deFault; (c) a date, not less than 30 days from 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 specified in the natice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Sorrower of the <br />right to reinstate after acceleration and the r'rght to bring a court action to assert the non-eatistence of <br />a default or any other defense of Sorrower to acceleration and sale. If the default is not cured on or <br />befare the date speci�ed 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 peritnitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and casts of title evidence. <br />If the pawer 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 rnail copies of such notice in the �nanner prescribed by <br />Applicable Law to Borrower and to the other persans prescribed by Applicable Law. After the t"rme <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trnstee, without demand on Borrower, shall sell the Property at <br />public auction to the h"tghest 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 order Trustce determines. Trustee may postpone sale <br />af all ar any parcel of the Property by public announcement at the time and place of any previously <br />schedaled 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 parchaser 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 praceeds 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 fces actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) ta <br />all sams secured by this Security Instrument; and (c) any excess to the persan or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment af all surns secured by this Security Jnstiwnemt, L.et�der shall <br />request Trustee ta reconvey the Property and shall surrender this Security Instrument and ail �ot�es <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Pm�cty <br />without warrra�nty to the person ar persons legally entitletl to it. Such person or persons shall pay �ny <br />recordation costs. I..ender may charge such person or persans a fee for reconveying the Property, but only <br />if the fee is paid to a third party (such as the Trustee) for services rendereti and the charging of the fee is <br />permitted under Applicable I,aw. <br />24. Substitate Trustee. Lender, at its option, may from time to time rernove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorde� in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successar trustee shall succeed to <br />all the title, pawer and duties conferred upon Trustee 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 />Bonrower's address which is the Property Address. <br />�61��-- <br />NE8RA5KA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN57RUMENT <br />�-6(NE) laat i1 Page 13 of 15 i��c�ai . '� Form 3028 1101 <br />� <br />� <br />
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