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201107509
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Last modified
10/12/2011 4:31:49 AM
Creation date
10/7/2011 4:20:49 PM
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DEEDS
Inst Number
201107509
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201�0�509 <br />sentences shall not apply to the presence, use, or storage on the Propeny of sma11 quantities of Hazardous <br />Substances that aze generally recognized to be appropriate Co nornial residential uses and to maintenance of <br />the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall pramptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency ar 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 lirnited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condirion caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the value of the Properly. 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 Substance <br />affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Envizonmental 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. Acceteration; Remedies. Lender shalt give notice to Borrower prior to acceleration following <br />Borrawer's breach of any covenant or agreement in this Security Instrument (but �ot grior to <br />acceleration under Section 18 unless A,pglirable Law pm�ides otherwise). The notice shall specify: (a) <br />the defauit; @) the action require�l to cure the default; (c) a date, not le�s than 3d days from tbe date <br />the notice is given to Borrower, by whech t�e default must be cured; and (d) that f�� to cure the <br />defauit on or before the c�ate specnfied in the notice may r�ult ue accelerAtion of the sums secured by <br />this See�rity Tffitce��t a�td s�e of �e Properiy. The notice sl�} further inform Barrowe:r of tt�e <br />rig6t to a�be �fter ac�tera�on �td �ee rig6t to brin� a court acbion to assert the non-eacistent� of a <br />defa��it arr �n� a�t1a� def�e �Y �orao�►er to aeceleration a�ei saie. If the defautt i4 not c�red on or <br />before t�e dabe sgeci�i in �e aotiee, I.�nder at its ogtion �ay �e�ire i�mediate payment �a fiitl of <br />all sw�s s�r�d by � S� t�thout fi�rt�ser �enzand and may invoke tbe power of s�e <br />and any ot� ��es �y A�p�icabEe Law. Lescter s1�1 be entitled to collect all ezpense.c <br />inenrred in g�cr�i� the r�ies provided in this Section 22, inciuding, but not IiYnited to, reasonable <br />attorneys' �ee.s and ce�s af title evidenee. <br />If the �wer of s�t� is invoked, �� s��1 record a notice of default in e.ach county in w�eich any <br />part of the P�c�perty is �oca�ed and s�ll m�il copies af such natice in the manner prescribed by <br />Appl�ca6le Law to Bam►wer �nd to t6e other persons prescribed bY APl�licable Law. After the time <br />requirecY 6y Applic�bte Law, �itistee sh�It give public �tice of sale to the persons and in the manner <br />preserib� by Apglic�ble I.aw. Tnistee, withaut demand on Borrower, shall sell the Property at public <br />auction to the highest 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. Trustee may postpone sale of all or any <br />parcel of the Property by gublic announcement at the time and plaee of any previously schedulec� sale. <br />Lender or its design� may gurchase the Property at any sale. <br />Upon receipt of payment of tbe price bid, Trustee shall deliver to the purchaser Trustee's dced <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 praceeds 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 fces actually incurred and reasonable attorneys' fces as �rmitted by Applicable Law; (b) to <br />all sums s�ured by this Se.curity Inshvment; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP p VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 14 of 17 <br />�' , i _ . <br />
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