Laserfiche WebLink
� � <br /> _ ,. 2nOb00459 <br /> . �; + : . .,. <br /> Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this <br /> Securiry InstrumenG However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the <br /> date of this Securiry Instrumen� <br /> If Lender exercises this option,Lender shall give Bonower notice of acceleration. The notice shall provide a period of not less <br /> than 30 days from the date the notice is delivered or mailed within which Bonower must pay all sums �ecured by this Security <br /> Instrumen� If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies <br /> permitted by this Security Instrument without further notice or demand on Borrower. <br /> 18. Borrower's Right to R�nstate. 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 period as <br /> applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this <br /> Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those conditions are that Bonower: (a) <br /> pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; <br /> (b)cures any default of any other covenants or agreements; (c)pays all expenses incurred in enforcing this Security lnstrument <br /> including,but not limited to,reasonable attomeys'fees; and(d)takes such action as Lender may reasonably require to assure <br /> that the fien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured by <br /> this Securiry Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the <br /> obliga6ons secured hereby shall remain fully effective as if no acceleradon had occuned. However, this right to reinstate shall <br /> not apply in the case of acceleration under paragraph 17. <br /> l9. 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 entity <br /> (known as the "Loan Servicer") tt�at collects monthly payments due under the Note and this Securiry Instrument. T'here also <br /> may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, <br /> Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice <br /> will state the name and address of the new Loan Servicer and the address to which payments shouid be made. The notice will <br /> also contain any other information required by applicable law. <br /> 20. 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 affecting the <br /> Property that is in violation of any Environmental Law. T'he preceding two sentences shall not apply to the presence, use, or <br /> storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal <br /> residendal uses and to maintenance of the Property. <br /> Borrower shall prompfly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any <br /> governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental <br /> Law of which Bonower has acwal knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, <br /> that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall <br /> prompdy take all necessary remedial actions in accordance with Environmental Law. <br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by <br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic <br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaidehyde, and radioactive materials. As used <br /> in this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br /> relate to health,safety or environmental protecdon. <br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br /> 21. Acceleration; Remedies. [,ender shall gie+e notice to Borrower prior ta acceleration following Borrower's breach of any <br /> covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless applicable Iaw <br /> provides otherwise). The notice shall specify: (a)the default; (b)the action required to cure the default; (c)a date, not less than <br /> 30 days from the date the notice is given to Borrower,by which the default must be cured; and (d)that failure to cure the default <br /> on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and saJe <br /> of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a <br /> court action to assert the non-e�cistence of a default or any other defense of Borrower to acceleration and sale. If the default is <br /> not cured on or before the date speci�ed in the notice, Lender at its option may require immediate payment in full of all sums <br /> secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies �rmitted <br /> by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph <br /> 21,including,but not limited to,reasonable attorneys'fees and costs of title evidence. <br /> Single Family—FNWINFHLMC UNIFORM INSTRUMENT FORM 3028 09/90(Page b of 6 Pages) <br /> NEBRASKA EC927L Rev. 10/14/9t <br />