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201104883
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7/1/2011 9:59:18 AM
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7/1/2011 9:59:17 AM
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DEEDS
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201104883
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-= �vl�o4��� <br />by any governrnental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affecting the Properly 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 agrcement in this Security Instrument (6ut not prior to <br />acceleration under Section 18 unlrss 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 failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the sums sacured 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 court act�on to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />be,fore the date specified in the notice, Lender at its option may xequire immediate payment in full of <br />all sums s�wred by this S�urity Instrument without further demand aad may 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 purs"in� the remedies provided in this 5ec�tion 22, including, but not limited to, <br />re.asonable 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 wbich <br />any part of the Property is locat� 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 noHce of sale to the persons and in the manner <br />prescribed by Applica6le Law. Trustee, without demand on Borcower, shall sell the Pro�rty at <br />public 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 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 previously <br />scheduled sale. Lender or its d�ignee may purchase the Pro�rty 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 Trustce'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 expenses of exercising the �wer 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) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or peisons legaUy <br />entitled to it. <br />2�3. Reconveyance. Upon payment of all sums secured by rhis 5ecurity Instrument, Lender shall <br />request Tnastee to reconvey the Properly and shall surrender this �ecurity Insnument and all notes <br />evidencing debt securefl by this Security Instrument to Tnistce. Tn�stee shall reconvey the Properry <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 pezsons a f� for reconveying the Property, but only <br />if the fe� is paid to a third party (such as the Trustee) for services rendered and the charging of the fe,e is <br />permitted under Applicable Law. <br />24. Substitute Trustee. L�nder, at its option, may from time to time remove Trustee and appoint a <br />successor trust� to any Trustee appointed hereunder by au instrument record� in the county in which this <br />Security �nstrument is re�orded. Without conveyance of the Property, the successor mastce shall succeed to <br />all the title, power and duties conferred upon Trustce herein and by Applicable Law. <br />25. Request for Notices. Bonower 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 - Fannie Mae/Freddie Mac UNIFORM IWSTRUMENT �` <br />�-6(NE) (osi �� Page 13 of 15 inniais: U�-� Form 3028 1/01 <br />m <br />
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