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201106507
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Last modified
9/14/2011 12:36:35 PM
Creation date
9/2/2011 9:35:39 AM
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DEEDS
Inst Number
201106507
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�o�ios�o� <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazazdous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accorda.nce with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Enviromnental Cleanup, <br />NON-UIVIFORM 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 an� covenant or agreement in this Security Ins4vment (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise), The noiace shall specify: (a) <br />the defanit; (b) the action required to cure the default; (c) $ date, not les.s than 30 days from the date <br />the notice is given to Borruwer, by wluch the def�ult must b� cured; and (d) that failvre to cure the <br />default on or before the date spe��ed 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 reinstate after acceleration and the right to bring a court action to assert the non-e�stence of <br />a defanit or an� other defense of Borrower to acceleration and sale. If the default is not ctu�ed on or <br />before the date spec'if'ied in the notice, Lender at its option may require immediate payment in fnll of <br />all sums secured by this Secnrity Instrament 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 />expense.s incurred in pursuing the remedies provided in this Section 22, including, bnt not limited to, <br />reasonable attorneys' fees and costs of title eoidence. <br />If the power of sale is invoked, Trnstee shall record a notice of default in each county in wlrich <br />any part of the Property is located and shall mail copi� of such notice in the manner pr�cribed by <br />Applicable Law to Borrower and to the other gersons pr�cribed by Applicable Law. After the time <br />required by Applicable Law, Trusf,ee shali give public noiice of sale to the persons and 'ut the manner <br />prescribed by Appticable Law. Trustee, withont demand on Borrower, shall sell the Propertp at <br />public suction to the highest bidder at the lime 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 Propex°ty by public annonncement 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, Trustee shall deli�er to the purchaser Trustee's deed <br />conveying the ProperEy. The recitais in the Trustee's deed shall be prima f�cie evidence of the truth <br />of the statements made thereut. Trustee sh�ll apply the proceeds of the sale in the following order: (a) <br />to all costs and expens� of exercising the gower 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 snms secured by this Security Instrument; and (c) any ezcess to the person or persons legally <br />entitled to i� <br />23. Reconoeyance. Upon payment of aIl sums secured by this Security Instrument, Lender shall <br />request Trustee to zeconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entifled to it, Such person or persons shall pay any <br />recordation costs. Lender may charge such person or gersons 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. Substitute Trnstee. Lender, at its option, may from time to time remove Tnistee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instruuient recordec3 in the county in which this <br />Security Instrument is recorded. Withont conveyance of the Property, the successor trustee shall succeed tb <br />all the tifle, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Reque,at for Notices. Borrower requests that copies of fhe notice of default and sale be sent to <br />Borrower's address which is the Properiy Address. <br />NEBRASKA - Sirtgle Family - Fsnnie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�- B(NE) 1b811) Paga 13of 76 int�nei8:� Form 3028 1/01 <br />
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