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201105685
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8/2/2011 8:49:30 AM
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8/2/2011 8:49:30 AM
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DEEDS
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201105685
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20�105G�� <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, Bonower 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 COVENANT5. Bonower and Lender further covenant and agr� as follows: <br />22. Acceleration; Remedies. Lender shall give aotice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this 5ecurity Instrument (but not prior to <br />acceleration under 5ection 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 which the default must be cured; and (d) that failure to cure the <br />default on or before the date speci�ed in the notice may result in acceleration of the sums s�ured by <br />this S�urity Instrument and sale of the Property. The nonce shall further inform Borrower of the <br />right to reinstate after acceleration and the rlght to bring a court action to assert the non-existence of <br />a defaalt 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 noHce, 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 permitted by Applicable Law. Lender shali be enHtled to collect all <br />egpenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustce shall record a notice of default in each county in which <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. Trustee, without demand on Borrower, shall sell the Property at <br />public anction 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. Trust� may postpone sale <br />of all or any parcel of the Property by pnblic announcement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />U�n receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dced <br />conveying the Property. The recitals in the Trust�'s dced shall be prima facie evidence of the huth <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 ezercising the �x►wer of sale, and the sale, including the payment of the <br />Trust�'s fees actually incurred and reasonable attorneys' fces as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or �rsons legally <br />entitled to it. <br />23. Reconveyance. Upon paytnent of a11 sums secured by this Security Instrument, Lender shall <br />request Trust� to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instniment to Trust�. Trust� sha11 reconvey the Progerty <br />without warranty to the person or gersons tegally entitled to it. Such person or persons shall pay any <br />r�ordation costs. Lender may charge such person or persons a f� for reconveying the Property, but only <br />if the fee is paid to a third party (such as the Trust�) for services rendered and the charging of the fee is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor truste,e to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instnunent is recorded. Without conveyance of the Properly, the successor trustee shall succe� to <br />all the title, power and duties conferred upon Trustee 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 />Borrower's address which is the Property Address. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) fos t t 1 Page 13 ot 15 �nnials: � Form 3028 7/01 <br />� <br />
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