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� ' ti � �r� i�� d'.. <br />� � � : �. <br />201206v5J <br />Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have <br />enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other <br />period as Applicable Law may specify for reinstatement) before sale of the Property pursuant to any power of sale <br />contained in this Security Instrument; or (b) entry of a judgment enforcing tlus Security Instrument. Those <br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this 5ecurity Instrument <br />and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) <br />pays all expenses incuned in enforcing this Security Instrument, including, but not limitecl to, reasonable attorneys' <br />fees to the extent permitted by law; and (d) takes such action as Lender may reasonably require to assure that the <br />lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured <br />by this Security Inshvment shall continue unchanged. Upon reinstatement by Borrower, this Security Inshument <br />and the obligations secured hereby shall remain fully effective as if no acceleration 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 />Sale of Note Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security <br />Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the <br />entity (known as the "Loan Servicer") that collects periodic payments due under the Note and this Security <br />Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is <br />a change of the Loan Servicer, Borrower will be given written notice of the change in accordance with the section <br />titled Notices and Applicable L.aw. The notice will stafe the name and address of the new Loan 5ervicer and the <br />address to which payments should be made. The notice will also contain any other information required by <br />Applicable Law. � <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 shall not do, nor allow anyone else to do, anything affeeting <br />the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the <br />presence, use, or storage on the Properly of small quantities of Hazazdous Substances that are generally recognized <br />to be appropriate to normal residential uses and to maiutenance of the Property. <br />Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by <br />any governmental or regulatory agency or private pazty involving the Property and any Hazardous Substance or <br />Environmental Law of which Borrower has actual knowledge. If Bonower 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, Borrower shall promptly take all necessary remedial actions in accordance with <br />Environmental Law. <br />As used in this pazagraph, "Haza.rdous Substances" are those substances defined as toxic ot hazardous substances <br />by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum <br />products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and <br />radioactive materials. As used in this paragraph, "Environmentai La.w" mear�y�'ec�eral ia��;�P�t�"sfa'�� of <br />1'::'�w1 .�.1-!� :" <br />Nebraska that relate to health, safety or environmental protection. f' :�' �, ,� � <br />,e�, „a c�,� .,�_ .. .�., <br />Acceleration; Remedies. Lender shall give notice to Borrower prior to_acc.�lexati�n folla�v��g`=Ber-ro�ver's <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under the <br />section titled Transfer of the Property or a Beneficial Interest in Borrower, unless Applicable Law provides <br />otherwise). The notice shaII specify: (a) the default; (b) the action required to cure the default; (c) a date, <br />not less than the minimum number of days established by Applicable Law from the date the noHce is given <br />to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the <br />date specified in fhe notice may result in acceleration of the sums secured by this Security Instrument and <br />sale of the Property. To the egtent permitted by Iaw, the notice shdll further inform Borrower of the right <br />to reinstate after acceleration and the right to bring a court action to assert the non-exisfence of a default <br />or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date <br />specified in the notice, Lender at its option may require immediate payment in full of all sums secured by <br />this Security Instrument without further demand and may invoke the power of sale and any other remedies <br />permitted by Applicable Law. To the eztent permitted by law, Lender shall be entitled to collect all <br />ezpenses incurred in pursuing the remedies provided in this Section, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each connty in which any part of <br />the Property is located and shall mail copies of such notice in tfie manner prescribed by Applicable Law to <br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable <br />Law, Trustee shall glve 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 deaignated ln the notice of sale in one or more parcels and in any <br />order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by publ�c <br />announcement at the time and place of any previously scheduled sale. Lender 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 purchaser Trustee's deed conveying <br />the Property. The recitals in the Trustee's deed shall 6e prima facie evidence of the truth of the statements <br />made therein. Trustee shall apply the proceeds of the sale ln the following order: (a) to all costs and <br />ezpenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually <br />� 2004-2011 Compliance Systems, Inc. 9BAD-b1E0 - 2011L2.0.485 <br />Covsumer Real Estate - Security Iuswment DL2036 Page S of 6 � www.complimcesyatems.com <br />