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20�in3324 <br />by any govetnmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Bonower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall crea.te 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 tlus Security Instrament (but not prior to <br />acceleration nnder 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 notice is given to Borrower, by wluch the default must be cured; and (d) that failnre to cnre the <br />default on or before the date specified in the notice may result in acceleration of the sums secnred by <br />this Secnrity Insttument 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 court action to assert the non-ezistence 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 option may require immediate payment in full of <br />all sums secnred by tlus Secnrity 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 all <br />egpenses incurred in pnrsuing the remedies provided in tlus Section 22, inclnding, bnt 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 connty in wluch <br />any part of the Properly 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 />public auction to the }ughest bidder at the time and place and nnder the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the time and place of any previonsly <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trnstee shall deliver to the purchaser Trastee's deed <br />conveying the Property. The recitals in the Trustee's deed ahall be prima facie evidence of the trath <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />to all costs and egpenses of ezercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incnrred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secnred by tlus Security Instrument; and (c) any ezcess to the person or persons legally <br />entitled to i� <br />23. Reconveyance. Upon payment of all sums secu,red by this Security Instrwnent, Lender shall <br />request Tnistee to reconvey the Property and shall sturender this Security Instrument and all notes <br />evidencing debt secured by this Security Instntment to Trustee. Trustee shall reconvey the Properly <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender 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. Snbstitute Trastee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor tnastee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instnunent is recorded. Without conveyance of the Property, the successor tiustee shall succeed to <br />all the title, power 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 />Bonower's address which is the Property Address. <br />NEBRASKA- Single Family - FannleMae/Freddle Mac UNIFORM INSTRUMENT <br />�-G�NE� (0611) Page 13 of 15 Initlals: �"L FORI'1 3028 1/07 <br />� <br />