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201108063
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201108063
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Last modified
10/31/2011 2:31:50 PM
Creation date
10/31/2011 2:31:50 PM
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DEEDS
Inst Number
201108063
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201108063 <br />sentences shall not apply to the presence, use, or storage on the Properiy of small quantities of Hazardous <br />Substances that are generally recognizetl 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 />Borrower sha11 promptly give Lender written norice of (a) any investigation, claim, demand, lawsuit or other <br />acrion by any governmental or regulatory agency or private pariy involving the Property and any Hazardous <br />Substance or Environmental La.w of which Borrower has actual lmowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, dischazge, 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 Property. If Bonower learns, or is norified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance <br />affecting the Properiy is necessary, Borrower shall promptly take all necessary remedial acrions in <br />accordance with Environmental Law. Nothing herein sha11 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. Lender shait give notiee to Borrower prior to acceleration followittg <br />Borrower's breaci� of any coven�nt or agr�ment in this Security Iastreiment (but not griar to <br />acceteration under Section 18 unless Applicable Law provides otberwise). The notice sl�alt speeify: (a) <br />the default; (b) the actian reqnired to cure the defauit; (c) a date, not Iess than 30 days from the date <br />the notice is given to Borrower, by which the default must be cure�; and (d) that failure to c�re the <br />default on or before tHe date specifie�T in tfie aotiee may resuit in acceleration of the svms se�c�d by <br />thbs Sec�rity Instrtt�ent �nd s�1e of the Property. T�e Botice shall ��rther i�eform Borrov�er of t�e <br />right to reinstate s�'ter accelermtio�t aBd ti� �ig6t to bring a eo�� action to �ssert the non-e�steace of a <br />clePa�it ar any at� aege�se of �atsrnwer ta acceler�tio�t and st�te. ��te default i4 Bot e�red Qn ar <br />before t6e d�te speeifieAl �t �e �totice, L�nder at its ogtion �ay rec��ire immediate paytn�nt in fr�1 c►f <br />all sums secured by this S�ty F�tru�t wit6out further ct�mand and may imvoke tbe pow� Qf s� <br />and any other remedies permitted 6Y APPlicable I.aw. Lender shall be entit�ed to collect all egpe�es <br />ineurred i� pursuing the remec3ies prc►vided in this 5ection 22, including, but not limited to, re�aable <br />attomeys' fces and costs of ht.Ee evidence. <br />If the power of sale is i�vok�€, �rustce s� record $ notice of de�ault is each county in which any <br />g�rt of the Property is lopted and shall maii copies of suct► notice in the manner prescrii� by <br />Agplicabie I.aw to Borrower and to �he ot�er persans prescribed by Applicable Law. After tfie time <br />required by Agplicable Law, Trustee shalt give public noHce of sale to the persons and in the manner <br />prescribed by Apglicable Law. Trustee, without demand on Borrower, shall sell the Property at gublic <br />auction to the lughe.st bidder at the time and place and under the terms designated in the notice of sale <br />in one or mare parcels and in any order Tn�stee determines. Trustee may postpone sale of all or any <br />parcel of the Property by gublic announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's d�eed <br />conveying the Progerty. The recitals in the Trust�'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 e�enses of exercising the power of sale, and the sale, including the payment of the <br />1'rustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; @) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />NEBRASKA-Sfngle Family-Fannie Mae/Fr�die Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPBlNE) (7105} <br />Wolters Kluwer Financial Services Page 14 of 17 <br />,, a a <br />
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