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201106552
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9/2/2011 11:13:11 AM
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9/2/2011 11:13:10 AM
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201106552
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�011065�2 <br />sentences shall not apply to the presence, use, or storage on the Property of small quanriries of Hazardous <br />Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of <br />the Property (including, but not limited to, hazardous substances in consumer products). <br />Bonower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmentat Law of which Borrower has actual knowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance <br />which adversely aff�ts the value of the Property. If Bonower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, Bonower shall promptly take all necessary remedial acrions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup- <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. i.ender shall give notice to Borrower prior to acceleration foltowi� <br />Borrower's breacb of an� eovenant or agreement in this Se,curity Instr�ment (but not prior to <br />atxeleration usdes Sectio� 18 tenless Appiicable Law grovides otherwise). The notice shaII specify: (a) <br />the default; (6) the a�tion required to cure the default; (c) a date, not less than 3t) days from the date <br />the natice � given to Borrawer, by which the defa�lt must be cured; and (dj th�t f�ilure to cure the <br />def��t on ar before the ciate specified in the �otice may restiit in acceleration of the sums secured by <br />tl�is Security Instr��e�t �d sale of the Property. The �otice shall further iztfo�m Borrower af �he <br />right �o reinstate after acceleration �nd the rig6t to b�ng a cou�rt action to assert ti�e non-e�steace of a <br />defatilt or aiey othex d�ense of Borrowea to aeceleration � sale. If the def�ult is not curec� on or <br />before the date sp�eeif� i� tbe notice, Lend�- at its ogtion may rec��uire isz�ec�iate gayment i� f�ll of <br />alt sums secured by this Security �Stre�me�t �it�w�tt fezrther de�and aud �y invoi�e the power of sale <br />and any other remedies �itted bY AFPiica6le ��. L�ncier shall be eat�tl� to coilect all elcpen�es <br />incurrea in purseein� the remedies provided ia this Sectian 22, including, bwt not timited to, reasonable <br />attorneys' fees and ce�sts of title evicknce. <br />If the power of sale is invQked, Tr�tee shau recard a natice of default in each county in which a�y <br />part of the Property is l�ted aud shall rnai� eogies af such notice in the maru�er grescrit�eci by <br />Apglicable Law to Barrower and to the other persans p�escribed by Applicable I.aw. After the time <br />requ�red by AppTicabte Law, Trustee shall give public notice of sale to the persons and in the manner <br />grescribed by Applicable Law. Trust�, without demand on Borrower, shail sell the Property at pablic <br />auction to the highsst bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Tn�stee may postpone sale of all or any <br />p�rcel of the Property by puWic announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may gurchase the Property 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 Truste,e's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to <br />all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fexs actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums s�ured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />� <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Farm 3028 1/01 <br />VMP6(NE) (1105) <br />Page 14 of 17 <br />��.. <br />�� <br />
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