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<br />fails to pay these sums prior to the expiration of this period, Lender may uavoke any remedies permitted by this
<br />Security Instrument without further notice or demand on Borrower.
<br />Borrower's Right to Reinstate. If Bonower meets certain conditions, Bbrrower shall have the right to have
<br />enforcement of this Security Instrument discontinued at any time prior to thle earlier of (a) 5 days (or such other
<br />period as Applicable Law may specify for reinstatement) before sale of the P'roperty pursuant to any power of sale
<br />contained in this Security Instrument; or (b) entry of a judgment enfording this Security Insirument. Those
<br />conditions are that Bonower: (a) pays Lender all sums which then would be due under this Security Instrument
<br />and the Contract as if no acceleration had occurred; (b) cures any default of ainy other covena.nts or agreements; (c)
<br />pays all expenses incurred in enforcing this Security Instrument, including, bat not limited to, reasonable attorneys'
<br />fees to the extent permitted by law; and (d) takes such action as Lender ma}� reasonably require to assure that the
<br />lien of this Security Instrument, Lender's rights in the Property and Bonowep's obligation to pay the sums secured
<br />by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument
<br />and the obligations secured hereby shall remain fully effective as if no acceQeration had occurred. However, this
<br />right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or a
<br />Beneficial Interest in Borrower.
<br />Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous Substances on or in the Property. Borrower sha11 not do, nor allow� anyone else to do, anything affecting
<br />the Property that is in violation of any Environmental Law. The preceding 'lwo sentences shall not apply to the
<br />presence, use, or storage on the Property of small quantities of Hazardous Sut�stances that are generally recognized
<br />to be appropriate to normal residential uses and to maintenance of the Property.
<br />Borrower shall promptly give Lender written notice of any investigation, clainp, demand, lawsuit or other action by
<br />any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br />Environmental Iaw of which Bonower has actual l�owledge. If Borrqwer learns, or is notified by any
<br />governmental or regulatory authority, that any removal or other remediation of any Hazardous Substance affecting
<br />the Property is necessary, Bonower shall promptly talce all necessary remedial actions in accordance with
<br />Environmental Law.
<br />As used in this paragraph, "Hazazdous Substances" are those substances defi�ed as toxic or hazardous substances
<br />by Environmental Law and the following substances: gasoline, kerosene, mther flammable or toxic petroleum
<br />products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and
<br />radioacrive materials. As used in this paragraph, "Environmental Law" means ifederal laws and laws of the state of
<br />Nebraska that relate to health, safety or environmental protecrion.
<br />Acceleralion; Remedies. Lender shall give nol3ce to Borrower prior to �cceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument or the G"ontract nnder which acceleratton
<br />is permitted (but not prior to acceleration under the section titled TransFer of the Property or a Beneflcial
<br />Interest in Borrower, unless Applicable Law provides otherwise). The ncltice shall specify: (a) the default;
<br />(b) the action required to cure the default; (c) a date, not lesa than the minimum number of days
<br />established by Applicable Law from the date the notice is given to Borrower, by which the default must be
<br />cured; and (d) that failure to cure the default on or before the date sp�'cified in the notice may result in
<br />acceleration of the sums secured by this Security Instrument and sale of the Property. To the eztent
<br />permitted by law, the notice shall further inform Borrower of the right Yo reinstate after acceleration and
<br />the right to bring a court action to assert the non-e�stence of a default or�any other defense of Borrower to
<br />acceleration and sale. If the default is not cured on or before the date sp�cified in the notice, Lender at its
<br />option may require immediate payment in full of all sums secured by �his Security Instrument without
<br />further demand and may invoke the power of sale and any other remedi,es permitted by Applicable Law.
<br />To the egtent permitted by law, Lender shall be entitled to collect all e�penses incurred in pursuing the
<br />remedies provided in this Section, including, but not limited to, reasonablF attorneys' fees and costs of title
<br />evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of defatalt in each eounty in which any part of
<br />the Property is located and shall mail copies of such notice in the manner iprescribed by Applicable Law to
<br />Borrower and to the other persons prescribed by Applicable Law. After i the time required by Applicable
<br />Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable
<br />Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder
<br />at the time and place and under the terms designated in the notice of sale ip one or more parcels and in any
<br />order Trustee determines. Trustee may postpone sale of all or any p�rcel of the Property by public
<br />announcement at the time and place of any previously scheduled sale. Len�der or its designee may purchase
<br />the Property at any sale. ,
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the pur�chaser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements
<br />made therein. Trustee shall apply the proceeds of the sale in the follo�ving order: (a) to all costs and
<br />ezpenses of ezercising the power of sale, and the sale, including the paymlznt of the Trustee's fees actually
<br />incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this
<br />Security Instrument; and (c) any ezcess to the person or persons legally enbitled to i�
<br />Reconveyance. Upon payment of all sums secured by this Security Insttvment �nd termination of Bonower's right
<br />to obtain fiuu�t�her advances under the Contract, Lender shall request Trustee tb reconvey the Property and shall
<br />surrender this Security Instrument and all contracts evidencing debt secured by t�is Security Instrument to Trustee.
<br />Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or
<br />� 20042011 Compliance Syatems, Ina 9BAD-1F9E - 2011L2.0.485
<br />Consumer Real Estate - Security Inst�ument DL2036 Page 4 of 5 ' www.compliaacesystems.cam
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