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201103055
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Last modified
4/22/2011 12:18:53 PM
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4/22/2011 12:18:49 PM
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DEEDS
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201103055
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201�0305� <br />by any governmental or regulatory authority, or any private party, that any removal or other 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. Bonower 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 not prior to <br />acceleration under Section 18 unless Applicable Law provides 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 noHce 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 noHce may resWt in acceleration of the sums s�ured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleraHon and the right to bring a court action to assert the non-e�stence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />be�ore the date sp�ified in the notice, Lender at its option may require imme�liate 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 remeciies permitt� by Applicable Law. Lender shall be entitl� to coliect all <br />expe�ses incurred in pursuing the remedies provided in tlris Section 22, including, but not limited to, <br />reasonable attorneys' fces and costs of title evidence. <br />If the power of sale is invoked, Trustee shall r�ord a notice of default in each county in wluch <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. Trust�, without demand on Borrower, shall sell the Property at <br />public auction to the lughest 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 Trust� determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the time and place of any previously <br />scheduled sale. I.ender 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 dced <br />conveying the Property. The recitaLs in the Trustee's de� 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 ezpenses 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 permitt� 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 />73. Reconveyance. Upon payment of all sums s�ure,cl by this S�urity Insttvment, Lender shall <br />re,quest Trustee to reconvey the Property and shall surrender tlus Securily Instrument and all not�s <br />evi@encing debt se,cured by this Secu.rity Instrument to Trust�. Trustee shall r�onvey the Properly <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />r�:orda.tion costs. Lender may charge such person or persons a fee for reconveying the Property, but only <br />if the fe� is paid to a third parly (such as the Trustee) for services rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. 5ubstitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is re�orded. Without conveyance of the Property, the successor trustce shall succe�d to <br />all the ritle, power and duries confened 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 />Borrower's address which is the Properly Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) (osi �) Pege 13 of 15 in�ciats: Form 3028 1/01 <br />� <br />��� � � <br />
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