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201107038
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Last modified
9/22/2011 3:55:43 PM
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9/22/2011 3:55:42 PM
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DEEDS
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201107038
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2Q�iQ�Q3� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantities 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 lunited 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 Environmental 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 affects the value of the Property. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous 5ubstance <br />affe,cting the Property is necessary, Borrower shall promptly take all necessary remedial actions 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 preor to acceieration following <br />Barrower's breach of any covenant or agreement in this Security Tnstrument (but not prior to <br />acceleration under 5ection 18 tuiless Applicabie Law provides otherwiSe). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, nc�t less t�an 30 days from the date <br />the notice is given to Borrower, by which the default must be cured; �etd (d) that failure to cure the <br />def�ult on or before the d�te speciFied in t�e Bmtice may restitt iri �xeleration of the sums secured by <br />this Se�rity I�me�t �ad sale of the �ro�erty. T�Se notice s�ll �wrt�er �orm Borrower of tix <br />ri�6t to sei�stat� aS�er aece�evation and �� �igkat t�o ha�ng a�uek action �o assert the non-ea�stence of a <br />defa�t �r any atther def� of lior��ver t� aeceleration �I sat� If �e d�fauZt is not cured on or <br />b�ore t� date s�f�ed in �e �otic�, Lender at �ts �gtion �nay re��ire ima�eec�i�te payment in fiill �f <br />a� s�s �rQCi by t�is �rety I�ment �ntho�t f�er de� a�l �y invoke tbe power of �ale <br />and any other aemedies pes�itted by A�pplicabPe I.aw. Lender s�all be entit�Cl to collect all expenses <br />is�r�al in �urs�ing � re�te�i� provid�rl � Y,H� Seetion 22, i�clua�g, but ��t timited to, �nable <br />attoraeys' �'�es �td � oY title e�ide�e. <br />If the power of s:�e ��vo�ed, �'r�k� sPaall r�ad a a�ogice of ��t im each eounty in whicl� any <br />�art of t�e ho�y � t�ated a� �1 �iD cogies � sr�c� �t,�ce in t�e ��er prescribed by <br />Agplia�bie I.�� �o �rrower and to t� ot��:r �ns grescribed by Agplic�bte Law. After the time <br />requirc�3 by Applieabte Law, Trustee sh�ll give gt�tSlie notice of sa�� to tt�e persons and in the m�nner <br />grescribea by .4gplicabie Law. Trustee, without demand on �orrower, sha�Il seti the Property at public <br />auction to the highest bidder at the time and place and under ttie tern�s designated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its design� may purchase the Property at any sale. <br />Upon r�eipt of payment of the price bid, Trustce shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee'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 ex�nses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fces actually incurred and reasonable attorneys' f�s as permitted by Applicable Law; (b) to <br />all sums secured by this �curity Instrument; and (c) any excess to the person or persons legally <br />enHtled to it. <br />NEBRASKA-Single Family-Fannie Mae/Fr�die Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/O7 <br />VMP6(NE) (7 705) <br />Page 14 of 17 <br />
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