��14�5�5�
<br /> fu�l of a11 sums secured by �his Security Instrumen�. How��er, �h�s option shall not be exercised by Lender if
<br /> exercise is prohibi�ed b�f�deral law as of�he date flf�his Secur�ty�ns�rum.en�.
<br /> �f Len��r �xercises this �ption, Lender shall give Borrower no�ice of acc�l�ra��on. The no�ice sha1l pro�ide a
<br /> periad of not �ess �han the mini.mum number of days established by Applicab�e Lav� fr�m the date �he notice is
<br /> delivered or ma�Xed �v�th�n which Borrower mus� pay aIl sums secured by �h�s Secur�ty Ins�rument. �f Borrower
<br /> fails �o pay these sums pri�r t� �he expirativn of this period, Lender may �n�oke any remedies p�rm��ed by this
<br /> Se�ur��y Instrumen�w�thout fur�her nat�ce or demancl on BQrrovver.
<br /> Barrower's R�ght t� Reins�ate. �f Barrower me��s �erta�n cond��i�ns, Borrov�er shall ha�e �he r�ght �o ha�e
<br /> enforcement of this Security �ns�rument discan�inued at any��me prxor to�he earlier of: �a} 5 days �or su�h a�h�r
<br /> period as Appl�cable LaW may specify for reir�statement}b�for�sale af�he Proper�y pursuant ta any povwer of sa�e
<br /> cantained in �h�s Security Ynstrument; or �b} entr�y af a �udg�men� enforcing �his Security �nstrumen�. Those
<br /> candi�ions are that Borrov�er: �a} pays Lender aIl sums which then v�ou�d�e due under�his Security �ns�rumen�
<br /> and�h��antract as�f no acc�leration ha�occurred;�b�cures an�defau��af any o�her�ovenants or agreements; �c�
<br /> pays al�expenses in�urred in enforc�ng�his Secur�ty�ns�rument, including,bu�no�l�rni�ed�o,reasonable attorneys'
<br /> fees to the �xtent permitted�y law; and �d�takes such ac�ion as Lender may reasona�ly require�a assure�ha�the
<br /> I�en�f th�s Securi�y�ns�rum�n�, Lender's rights xn the Prop�r�y and Bflrrower's abligation�a pay th.e sums s�cured
<br /> by this S�curity �ns�rumen� sha�� canti.nue uncha.nged. Upon r�instatem�n� by B�rrov�er, �his 5ecurity �nstrumen�
<br /> and the abligat�ons secured hereby shall remain ful�y effec�ive as �f no ac�eleration had accurred. However, �his
<br /> rrgh��o rernsta�e shall nat app�y in�he case of acc�lera�i�n under�he se�tion titled Transfer of th�Proper�y ar a
<br /> BQn�f�cxa�Inter�st rn B�rrower.
<br /> Hazardous Subs�ance�.Barro�er shall no�cause or permit the presence,use, disposal, s�orage, �r re�ease of any
<br /> Hazardous Substances an ar in the Property.Borrower shall no�da,nor aliov�anyone�lse to do,anything affecta�x�.g
<br /> �he Proper�y �hat is xn violat�or� of any Envxr�nmen�a� Law. The preceding two senten�es sha11 n�t app�y to the
<br /> presence,us�, or storage�n the Property of sma11 quantities of Hazardous Substanc�s tha�are gener��ly recogniz�d
<br /> to be appropriate ta normal res�dential uses and��maintenance of�he Prop�rry.
<br /> Barr�wer sha�l promptly give Lend�r writ�en�atice of any inves��gati�n,claim, demand, lawsuit or other act�fln by
<br /> any govern.7men�a� or regu�atory agen�y �r pri�a�� par�y �nva�ving the Proper�y and any Hazardo�s Substance or
<br /> Er���ronxnen�a� La�v of which BarraWer has ac�ual knovv�edge. If Borr�wer learns, or �s no��f ed by any
<br /> go�ernmen�al or regula�ory au�h.arity,�ha�any remova�or��her remedia�i�n of any Hazardous 5ubs�ance affec�ing
<br /> �he Property is necessary, Borrower sha�� promptly take a�I necessary remed�al ac��ons i.n a�cordan�e w�th
<br /> Environmen�al Law.
<br /> As used in this paragraph, "Hazardous Subs�axzces" are those subs�ances d�f.ned as�ox�c or hazardous subs�an�es
<br /> by Environmen�al Law and �he fa��ow�ng su�s�ances: gasalin�, kerosene, o�her flammable ar �a�ic petro�eum
<br /> �roducts, toxic pes��c�des and her�b�c�des, �o�a�ile so�vents, materials containing asbes�os or forr�a�dehyde, and
<br /> ra�ioactive ma�eria�s.As used�n�h�s paragraph, "Env�ronmental Law"means federal laws and laWs af the s�ate of
<br /> Nebraska that r��a�e to health,safety�r environmental protec�ion.
<br /> A�ce�erat�an; Remedies. Lender shall give not��� �fl Borr�wer prior to acceler�tion fol�owing Bvrrov�er's
<br /> breach�f any covenant or agreement�n th�s Security Instrument ar�he Contra�t under wh�ch a�celeration
<br /> i�permitted tbut no� pr�or�o acceierati�n under the section txtled Transfer flf the Property�or a Bene�cial
<br /> Inter�st �n Sorrower, unless Applicabl� Law prov�des atherwise�. The notice shall spe�ify: (a� �he default;
<br /> �b� the action required to cure the defauI�; ��) a date, not �ess than the minimum nu�nber flf days
<br /> establi5hed by Appl�cable Law fram the da�e th�noti�e is�g�ven to Borrower, by which the d�fault must be
<br /> cured; and �d} that failure ta cure the defau�t fln or befare th� date specified �n the nat�ce may result in
<br /> accelerat�on vf the sums �e�ur�d b� th�s Securi�y Instrument and sa�e vf the Property. Tv the extent
<br /> permitttd by �av�, the notice shall fur�h�r ��form Borrower af the ri�ht �o re�n5tate after ac�e�eration and
<br /> �he right�o brrng a court action t�as�er�the non-existence of a default or any other defense af Barrower to
<br /> a�celera��on and sale, If the defau�t is not cured on or before the da�e spe�ified in the not��e, Lender at i�s
<br /> �pt�on may require �mmedia�e payment �n fu�� of aIl sums secured �y th�s Se�uri�y Instrument without
<br /> further demand and may in�oke the pawer of sale and any o�her remedies permitted by Applica�ale Law.
<br /> To �he extent permitted by Iaw, Lender sha�� �� enti��ed to col�e�t a�� expense�.incurred in pursu�ng the
<br /> remedies prn��ded in th�s Se�tifln, �nc�udin�, but n�t Iim�ted �o, reas�nab�e attorneys� fees and costs of title
<br /> e�iden�e, �
<br /> If the power flf sale �s inv�ked,Trus�ee shall recor� a noti�e vf default f n each eounty in �vhi�h any part of
<br /> th�Property is ��cated and shal�rnaii copie��f such na��ce�n the ma�ner pres�r�bed by App�icable Law to
<br /> Sorrower and to the other persons prescri�aed �y Applicable Law. .Af�er the �ime required by Applicable
<br /> Law, Trustee shall gi�e publ�c nfltice of sa�e to the persons and in �he manner prescribed �ay Appl�cab�e
<br /> Law. �'rustee,withvu�demand fln Bnrrower,sha�l sell the PrQperty a�pub�ic au�tivn to the highest bidder
<br /> at�he t�me and place and under the�erms des�gnated in th�notice of�ale in one or more parc�ls and xn any
<br /> order Trustee determ�nes. Trustee may postp�ne sale of all or any parcel �f the Property by pub��c
<br /> announcement a�the tirne and p�ace of any pre�iously scheduled salep Lender or its des�gnee�nay purchase
<br /> the Proper��at any sa�e.
<br /> Ilpan re�e�pt flf payment of the price bid, 'I`rustee Shall deliver to �h� purcha�er Trustee's d�ed conveying
<br /> the Proper�y. The recitals in the Trustee's deed shatl be prima facie��idence of�he truth af the statement5
<br /> made th�r��n. Trustee shall ap�Iy the pr��eed� af the sa�e in the follvw�ng order: �a� to a�l costs and
<br /> expense5 af exerc�s�ng the power vf�a�e, and the sale, �ncluding the payment of the Trustee'� f�es a�tually
<br /> C�2D44-20�3 Com�liance Syste�ns,Inc.gF9b-B�B 1-20I3L2.4.721
<br /> Consumer ReaI Estate-Security Instrument DL2036 Page 4 af 5 www.complia�cesys#ems.com
<br />
|