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201103877
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Last modified
5/24/2011 8:48:37 AM
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5/24/2011 8:48:36 AM
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DEEDS
Inst Number
201103877
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201�03877 <br />by any governmental or regulatory authority, or any private pazty, that any removal or other remediation <br />of any Hazardous Substance affecting the Properry is necessary, Borrower shall prompfly take all ner.essary <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 fiuu�thker covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration foIlowing <br />Borrower's breach of any covenant or agrcement in this Security L�strument (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 required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by w}rich the default must be cured; and (d) that failure to cure tlie <br />default on or 1�fore 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 Borrower of the <br />right to �einstate after acceleration and the right to bring a court action te assert the non-e�riste�e gf <br />a default or any other defense of Borrow� to aa�er�on and st�le. Tf t�e default is not cured oa or <br />before ffie date specifierl in the notice, IRnd� at its o�#aon may �equic�e �ediate paym�t �n ful� of <br />all sums sec�red by this Security Instrument without furth� deffi�nd a� may invoke the pow� of <br />saie and any other remedies permitted by Applicable Law. I.end� �II be entitled to oo� s�i <br />ezpenses incurred in pursuing the remedies provided in this Sec�aon 22, including, but not limit�d to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invok�, Trustee shall record 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 pc�ibed by Apg�icable Law. After the iime <br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in tlie manne� <br />prescribed by Applicable I.aw. Trustee, without demand on Borrower, shall sell the Property at <br />public audion 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 order Tractee determines. Trustee may postpone sale <br />of ali or any parcel of the Property by public announceauent at the time aud place of any previoasly <br />sch�uled sale. Lender or i1s designee may purc�ase the Property at any sa�e. <br />Upon receipt of payment of the price bid, 1�vstee shall d�iver to the purchaser Trustee's deed <br />conveying the Properly. The recitaLs in the Trustee's deed shall be prima facie evidence of the t�uth <br />of the statements made therein. Tn�stee shall apply the proceeds of the sale in the following order: (a) <br />to all c�ts and expenses of ezercisYng the pc►wer of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any egcess to tl� person or persons legally <br />entitled to it. <br />?3. Reconveyance. Upon payment of all sums secured by t�,is S�.� dnstnzment, Lender si�l <br />request Tnastce to reconvey the Properly and shall siurender t�is S�e.y Iastrumemt and all `� <br />evi�ncing d�t sc�ured by this Security Insuvment to Truste�. Trnstee �1 reconvey the Prop�.y <br />without wazranty to the person or persons legally entitled to it. Such persau or persons shall pay aay <br />recordation costs. Lender may chatge such person or persons a fee for reconv�ying the Properiy, but only <br />if the fee is paid ta a third pariy (such as the Trustee) for services rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. 5ubstitute Trustce. Lender, at its option, may from time to time remoa�e Tnistee and appoint a <br />successor tivstee to any Trustee appointed hereunder by an instnzment ra:orded in the county in which �is <br />Se�uriiy Instivment is recorded. Without conveyance of the Properiy, the successor trustee si�all succee� to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. R�uest for Notices. Bortower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />NEBRASKA - Singie Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ///��� <br />�-6(NE) ros��) Page 13 of 1b inniais: � Form 3028 1/01 <br />� <br />
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