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201108435
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Last modified
12/1/2011 3:04:26 PM
Creation date
11/9/2011 8:32:46 AM
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DEEDS
Inst Number
201108435
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����Q�435 <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 limited to, hazardous substances in consumer products). <br />Bonower sha11 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 actuallrnowledge, (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 />regutatory authority, or any private party, that any removal or other remediarion of any Hazardous Substance <br />affecting the Property is necessary, Borrower shall pramptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shail create any obligation on L.ender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceieration; Remeciies. Lender shalt give �oti�e ta Borrower prior to �cceleration foliowing <br />Borrower's trreach of any covenant or �greement in this Security L�streu�ent @ut not preor to <br />acceleration under Section 18 unless ApplicaWe Law provides atherwise). The notice shall specify: (a} <br />the default; (b) the action required to cure the de€ault; (c) a datc, not tRSS than 34 days from the date <br />the notice is given to �orrower, by which the default must be cnred; anc� (d) that failare to cure the <br />default on or before the date speci�ed in the notice may result in acceleration of the sums secured by <br />this Security Instrument atid sale of the Property. The natice shatZ further inform Borrower of t!� <br />right to reinstate �fter acceleration and the right to bring a court action to assert the non-e�stence of a <br />default or any other defense of Borrower to acceleration and sale. If the default �s not cured on or <br />before the date speci�ed in the notiee, Le�rder at its option may require immediate payment in full of <br />all sums secured by this Security Imstrument without furt�ser demam3 �d may invoke the pov�er of saie <br />and any other remedies permitted by Applicable Law. Lender shalt be e�titied to colteet alt expemes <br />incurred in pursuing the remedies provided in this Section 22, incltxling, but not limited to, reasonabie <br />attorneys' fees and costs of title evidence. <br />If the power of saie is invoked, Trustee shall record a notice of default in each county in which any <br />part of the PrQperty is located and shall mail copies of such notice in the rnanner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Agplicable Law. After f.he time <br />required by Appiicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by ?�pplicabie Law. Trustee, without demand on Borrower, shalt 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 public 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 deed <br />conveying the Property. 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 expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasona6le attorneys' fees as permitted by Applicable Law; (b) 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-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 7 /O1 <br />VMP6�NE) f1105) <br />Page 14 of 17 <br />� � � >; *e <br />y i � � ' ` �� �. y !. <br />
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