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201108585
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Last modified
11/15/2011 4:12:37 PM
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11/15/2011 4:12:37 PM
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DEEDS
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201108585
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�01108585 <br />sentences sha11 not apply to the presence, use, or storage on the Property of small quantities of Hazardous <br />Substances that aze 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 />Borrower 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 condirion caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the vaIue 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 Substance <br />affecting the Property is necessary, Borrower shall promptly take all necessary remalial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on I.ender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrawer and Lender covenant and agree as foliows: <br />22. Aceeteration; Remedies. Lender shatl give gotice to Borrower prior to aceeleration foltowing <br />Borrower's breach of any coven�t or agreement in this Security Instru�t (but not preor to <br />acceleration �nder Section �8 uniess ApplicaWe I.aw provicie.s otberwise}. The notice shatl specify: (a) <br />the default; (b) tbe action reqaired to cure the default; (c) a clate, not Ie�s t�n 3tl days from the date <br />the notice � given to Barrawer, by which the default �nt�st be cured; and (ci) that failure to cure the <br />default on or befc►re the date specified in t6e Ac�tiee ma}� resuit in acceleratiou c�f tbe sums secured by <br />this Security Instnu�ent and sa'le of the Property. �'he notice shaEi fut tlter e�sform Borrower ot tke <br />right ta reinstate after acceter.�ti� and the right to bring a court actic►n to assert ffie �wn-exi�ence uf a <br />default or any other defense of Borrawer to accekratic� ancl saie. If the det$�t is not e�red an or <br />before the date sgecified in the nc►tice, Lender �t its uption may rec�uire im�ate payment in futl of <br />all sums secnred by this Sectu�ity Instnirnent without fitrther demand a�d may igvoke the power af s�le <br />and any other remedies permitted by Applic�ble I.aw. Le.�der shall be entitled to coilect aIl expenses <br />incurred in pursaing the remeciies provided in tliis Section 22, ineluding, but not lirnited to, reasor►�bie <br />attorneys' fees and costs af Eitte evidence. <br />If the power of sale is invoked, Trustee shatl r�ord a notice of defauit in each county in which any <br />part of the Property is tocated and shall mait copies of such notice in the manner prescribed by <br />Agplicable Law to Borrower and to the other persons preseribed by �pplicab}e Law. After the time <br />required by Applicable Law, Trustee shall give publie notice of sale to the persans and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall setl 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. Trust� 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 deed <br />convey'sng the Property. The recitals in the Trustee's dcetl 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 reasonable 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 MaelFreddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/Ot <br />VMP6lNE) (11051 <br />Page 14 of 17 <br />4 <br />
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