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<br /> 10. Re�atanwt• Bottower has a right to bc reinstated if Lenden c�s requir�d imr�x.diatc paymr.nt in f�ill
<br />�'�r;� becausc of Iiorrower'e fsllure to pay an amount due under thc Note or this Security Instrunxnt. This right applies
<br /> '"`�"��A� even after foreclosure proccedings arc insNtuted. To relnetate the Saurity Insin�rnent, Borrawer shaU render in a lump
<br />-_x��i1 eum all wtwunta requtred to bring Borrower's account current including,ta tlu extent they are obligations of Borrower
<br />-:y�..�=,� under this Secudty instrument, forecloaure costa and reasonable and customary ateomeys' fees and expenses properly
<br /> associated with the forxlosure proceeding. Upon reinstatemant by Borro�ver, this Security Instrument and the `
<br /> '��''� obligation� that it aecares shall remain in cffxt As if Lender hnd not requlred immcdiate payn�enc in full. However,
<br /> ��� Lender ie not required to permit reinetatement If:(i) Lender has �ccepted reinstatement after the commencement of
<br />__-,���� foreclosure procxdings within iwo years lmmediately preceding the comct�encement of a current forxlosure
<br /> proceeding, (ii)reinstatement will preclude foreclosure on different grounds in the future, or(iil) reinstatement wxll
<br />.�;:,�.,.�.� adversely affect the priorlty of the lien created by this Security Instrurnent.
<br /> -''��� 11. Bomo�er Not Rdwed: Faibarcu�e bY l.eader IV� s waivx_ Extension of the tlme of paym�ent dr
<br /> ---=� modification of a.mortization of the sums secured by this Security lnstrumcnt granted by Lender to any successor in
<br /> -- -- interest of Bonower ehall not operate to release the liability of the originol Borrower or Bonower's successors in
<br /> ^ -- interest. Lender shall not be required to commence prceeedings agaiinst any successor In interest or refuse to extend
<br /> -_�, time for payment or otherwise modify amortization of the sums saured by ihis Security instniment by reasan of any
<br /> � demand made by the original Borrower or Bonower's successors in inter�s[. Any farbearance by Lender in exercising
<br /> ---- any right�r remedy shall not be a waiver of ur prcclude the exenise of any right or remedy,
<br /> --- 12 S�wxxap�y�ud pac��ns Hound; Joint snd Several Liability;Co—Signen. The covenants and agceements of this
<br /> ad
<br />-��`�°'� Security Instrument shall bind and beneGt the successors and assigns of Lendar and Borrower,su6ject to the provisions
<br />�_:s+•�� of paragraph 9(b).Borrower's covenants and agreements shall be Joint and sevetal. Any Borrower who co-signs this
<br /> '`'`� Security Instrument but dces not exec:ute the Note; (a) is co-signing this Security Instrument only tu mortgage, grant
<br /> __� and canvey thet Bonower's interest in the Property under the tenns of Ihis Security Instrument; (b) is not personally
<br /> obligated to pay the sums secured by this Securiry Instrument; and(c) agrees�hat I,ender and any other Borrower may �
<br /> ---—s agree to extend,modlfy,forbear or make any accommodations with regud to the termc of this Security Instrument or
<br /> ' the Note without that Borrower's c.onsent.
<br /> � 13. Notioe�. Any natice to Borrower provided for in this Security Instn�rnent shall be given by delivering it or
<br /> .,��; by mailing it by first class mail unless applicable law requires use of another n�ethod. 'I1►e notice shall be directed to
<br />— --- the Propercy Addresa or any other address Borrower designates by notice �0 1.ender. Any notice to Lcnder sh�ll be
<br /> - - gir�e«by�rt cl:sa.�».il:� Leasier's ?ddre.ac ctated herein or anY addrass Lendec designwtea by notice to Borrower, Any
<br /> notice provided for in thie Security Instrumcnt shall be dcemed ta huve been givrn to Bonower or l.ender whcn givR�
<br /> _ as provlded in thie paragraph.
<br /> �4. �� I,�r:�re�ability. 'f'his Securiry In�trument �hali be govemed by foderd l4w and the I�w of the
<br /> jurisdictlon in which the Propeny ie lceated. lu the event that any provision or clause of this Socurity Instnuneac or
<br /> - the Note conflicta with applicable law,such conflict shell nat affect other provislons of this Security Imtrunxnt or the
<br /> _ Note whicb cat be given cffxt wlthout the conflicting proviston. To thi�end the provisions of thia Secudty Instrutrnent
<br /> - and the Note ue decluai to be severabla.
<br /> = 15. HormMer'�CaPY• Borrower shall be given one conformod copy af�he Note and of thls Security lnscrument•
<br /> ; 16. Hawdou� Sub�ta�• Bonower shall not cause or permit the prrsonce, use,disposal,storage, or release of
<br /> _ any Hezardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anyclsing
<br /> affecting the Property that is in violation of any Environmental Lw. The preceding two sentences shall not apply to
<br /> _ the presence,use,or storage on the Property of small quantities otHarardous 5ubstanees that ace g�nerally recognized
<br /> -- to be appropriatc to nom�al residential uses and to maintenance of the Property•
<br /> --- Ronower shall promptly give Lender written notice of any investigation, claim,demand. lawsuit or other action
<br /> by any governmental or regulatory ngency or private party involving th� Pcoperty and any Huzardous Substance or
<br />-__--� Enviroiunental Law of which Bonower has actual knowledge. ItBonower leams, or is notitied by any governmental
<br /> -'"��� or regulatory authority, that any removal or other remediatton of any Hazudous S�bstances affecting the Propec�y is
<br /> . "�`, n��y, Boaower shall promptly take all necessary remedial actions in�ecordance with Environmental Law.
<br /> _:��l� As used in thle paragraph 16,"Hazardous Substances" aze those substs�nas defined as toxic or hazardous substxnces
<br /> —=-- by Environmental Law and the following substances: ga.toline, kerosene, ather flairunable or tox+c petroleum products,
<br /> ;:;.,�.� toxic pesticides and herbicides, volatile solvents, materials containing ubesros or formaldehyde, and radioactive
<br />"'"'` "''i materials. As used in this paragraph 16, "Environcnental Iaw"means f�deral laws and laws of the jurisdiction where
<br /> —"'"`�`'�� the Property is located that relate to health, safety or enviroamental protection.
<br />^��, .
<br /> f�` �;- NnN-UNIFORM COVENANTS. Borrowcr and Ler,der further covenant and agree as follows:
<br /> `''�''r' 17, pssignmeat of Rmu. Bc�nower unconditionelly assigns and transfere to Lender all the rents and revenues
<br /> of the Propeny. Borrower authortzes Lender or Lender's agenu to wlle;ct tl�e rents and revenues and hereby directs
<br /> ' each tenant of the Property to pay the rents to Lender or Le�der's agents. However, prior to Lender's notice to
<br /> Bonower of�onower's breacl� of any covcnant or agrcement in the Security Instrument, Bc�nower shall collxt and
<br /> receive all rents and revcnues of thc Property as trustee for chc benefit of Lender and Borrower. This assigiunent of
<br /> � �' � rents constitutes an absolute assignment and not an assignment for additional security only.
<br /> g If Lender gives notice of breach to Bonower: (a) all rents received by Borrower shall be held by Borrower as
<br /> i
<br /> .��,,,. � ; trustec for benefit of L.ender only,to bc applicd to the sums secured by the Security Inst�ument; (b) I.ender shall
<br /> _.�.�_� ._ ....,,..,,.. .,.,a �MP{VP �n nf tlte renes of the Prouerty; and (c) each tenant of the Property shall pay a11 rents
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<br /> •�•� due and unpaid to Lendcr or Lender's agent on Lender`s written demand to the tenant. -
<br /> t Borrower has not executed any prior assignment of the rents nnd has not and will not perform any act that would -
<br /> ' prevent L.cnder from excrclsing its rights under this paragraph 17.
<br /> Lcnder shall not be required to cntcr upon, take control of or mainta�n the Property before or after gi��ing notice
<br /> of breach tn Borrower, Ho�vever, Lender or a judicially appoinmd receiver n�ay do so at any time there is a breach,
<br /> 6196
<br /> NHBRASKA-I�fiA DHL�D OP TRUSf Pa �4 of 6
<br /> ' ponuixr.� S�ttenv,Ire.1A001 619dJ62 8� .
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