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��15��573
<br /> s secured b this Secur� �nstrumen�. Hovwever, �his opti�n sha�� no� be exercised by Lender if
<br /> full of a�� sum y �Y
<br /> exercise is pr�hibited by federal�aw as of the da�e of�h�s Secur�ty�nstrument.
<br /> �f Lender exerc�ses �his op���n, Lender shall give Borrower nfl�i�e flf acce�eratz�n. The not�ce sha�l provide a
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<br /> eri�d flf no� Iess �han�che minimum number af days established �y App��cable La�v from the da�e the n��ice �s
<br /> deXi�ered or ma�led wi�h�n vvh�ch B�rrawer must pay a1� sums secured by �h�s Security �nstrumen�. �f Bnrrower
<br /> fai�s �o ay �hese su�ns prior to �he e�pira�ion of this period, Lender may invoke any remedies permxtted by �h�s
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<br /> Se�ur��y�nstrumen�w�thout fixrther na�i�e or demand�n B�rrower.
<br /> Barrower's R�ght to Re�n��ate. �f Borrower nlee�s cer�ain conditions, Barrower shall ha�e �he right �o have
<br /> enforcemen�of�his Security �nstrumen� dis�ont�nued a�any��n�e pri�r to�the earlier�f: �a} 5 days �or such o�her
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<br /> eriod as Appl��able Law may specify for reins�a�ement}before sale af�he Praper�y pursuant��any power of sale
<br /> �on�ained in th�s Securi� �nstrument; ar �b� entry of a judgment enforc�ng �his Security �nstrument. Thase
<br /> cQnd��ions are that Barrov�er: �a} pays Lender a�l sums whi�h�hen would b� due under�his Security Instrument
<br /> and th���n�ract as if n�acce�era�ion had occurred;(b�cures any defau��of any flther�ovenants or agreenlents;�c)
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<br /> ays a�l expenses�n�urred in enforcing�his Se�ur��y�nstrument,inc�uding,bu�no�lim�ted to,reasonable attorr�eys'
<br /> fees ta the exten�perm��ted by Iaw; and�d��akes such act�on as Lender may reasonab�y require tv assure that the
<br /> l�en of th�s Se�urity Instrument, Lender's righ�s �n�he Proper�and Borrovv'er's ob�iga�ion�o pay th�sums secured
<br /> by this Security �nstrum�nt shall con�inue unchanged. Upon reinstatemen��y Borrower, �h�s S��urity �nstrument
<br /> and the �bl�ga�i�ns secured hereby shall remain fully effecti�� as �f no acceleratian had �ccurred. Howe�er, th�s
<br /> right t�re�ns�ate sha�1 not apply in the case af acce�erat�on under the sectlon�itled Transfer of the Property❑r a
<br /> Beneficia�Interest in Barrow�r. .
<br /> Hazardvus SubStances.Bor-rrovver sha�l not�ause or p�rmi��he presence,use, dispasal, storage, �r release of any
<br /> Ha2ardous Substances�n vr�n�he Property.Borrov�er shall not dQ,nor al�avv anyane else ta do,any�thing affec��ng
<br /> �he Pro�er� that is �n vialati�n of any Envir�nmenta� Law. The preceding tvvo sentences shall not app�y �fl the
<br /> presence,use,or s�arage�n�he Property af sma��quan�i�ies af Hazardous Substances tha�are generally recvgn�zed
<br /> �a be appropria�e to normal residen�ial uses and��ma�ntenance flf fihe Property.
<br /> B orrov�er sha�l pr�mptly g�ve Lender�ritten notice of any inves�iga��an,c�aim,demand, Ia�nrsuit or other act�on by
<br /> any gavernmenta� flr regula�ar� agency �r priva�e parCy �n�o�v�ng th� Propert�y and any Ha2ardous Substance or
<br /> En�ironmental Law of whi�h Borrower has ac�ua� knovvledge. If Borrov�er �earns, or is notified by any
<br /> go��rnmental or regulatory author��y,tha�any remova��r flther remediation of any Hazardous Subs�ance affect�ng
<br /> the Property �s ne�essary, Borrow�r sha�l prompt�y �ak� a�� necessary remedia� ac��ons �n a�cnrd�.nce v��th
<br /> En��ronxnenta�Law.
<br /> As used�n this paragraph, "Hazardous Subs�ances" are those subs�ances def�ned as toxic or ha�ardous substances
<br /> by En�ironm�n�al Lav� and the follovving substax�ces: gasoiine, kerosene, other flammable or �flx�c petr�l�um
<br /> praducts, tox�c pes��cides and herbicides, vo�atile sfllvents, materials con�a�ning asbes�os ar formaldehyde, and
<br /> radioactive ma�er�a�s.As used in this paragraph, "En�rironmental La�v"means federal�aws and�avtrs of�he s�ate af
<br /> Nebraska�hat relate�o hea�th,safety flr env�ronmen�al pra�ection.
<br /> Accelerati�n; Rem�d�e5. Lender sha�l give natiice t� Bflrrower prior �a acceleratian fn�Iowing Borrower'�
<br /> breach of any ca�enant or agreement in this SecurYty Instrum�nt or the�ontract under whi�h acce�eratian
<br /> is permitted[but not prior ta acceleration und�r�he 5ection t�tled Transfer af the Property ar a Beneficiai
<br /> Interest in Borrvwer, unless Applicab�e Law prv�ides �therw��e). The notic� shall spe�ify: (a� the defau�t;
<br /> �b� the ac��on required to cure �he d�fault; (c� a date, not �ess �han the minimum number of days
<br /> esta�lished by App�icable Law fr�m th�date the notic�is given to Borrower, by wh�ch the default must�ae
<br /> cured; and �d} that fai�ure to �ure �he d�fauit an �r before the date specified in the notice may resu�t in
<br /> a�c�l�rat�on of the sums 5ecured hy this Secur�ty instrument and sa�e of the Praperty. To th� extent
<br /> permi�ted by law, th� notice shali further inform Sorrawer of the right to reinsi�ate after acce�eration and
<br /> the right to bring a cvurt actian to as5ert the non-existence�f a default❑r a�y ather defense of Barrower ta
<br /> acceleratian and sale. If the defau�t is nat cured an flr befar�the date spec�f�ed in the notice,Lender at �ts
<br /> �pti�n ma� requ.ire �mmediate payment �n fu11 of al� sums secured by this Security Instrument wi�haut
<br /> further demand and may inv�ke th� power �f sa�� and any other remedies perm�tt�d by Applicah�e Law.
<br /> Tv the extent permi�ted by law, Lender shal� be ent�tl�d �o ca�lect ali e�penses incurred in pursuing the
<br /> remedies pra�ided in this Sect�on, inc�uding, but not�imited to, r�asonable attorneys' fee�and costs of tit�e
<br /> evidenc�.
<br /> If the pawer of sale i5 invak�d, Trustee shall record a natice of default in each county in which any part of
<br /> th�Property is Iocated and 5hai1 mail�opies�f such notice in the mann�r pre�crihed by Applicable Law to
<br /> Borrow�r and to th� other per5vns prescr�bed by Appiicab�e Law. Aft�r thQ time required by Appl�cable
<br /> Law, Trustee shali gi�e publ�c notice of�ale ta the pQrsvns and in the manner pr�scribed by Appi�cable
<br /> Law. Trustee,without demand on Borrower,shall se�t the Property at public auction ta the highest bidder
<br /> a�the time and pla�e and under the terms des�gnated in the notic�of sa�e in�ne ar mnre parcels and in any
<br /> order Trustee determines. Tru�tee may postpone sa�e af a11 or any parcei of the Property by pu���c
<br /> announcQment at th�time and p�ace of any prev�ausly scheduled sale.Lend�r ar i�s des�gnee may pur�ha5e
<br /> the Property at any sale.
<br /> Upan receipt of payment of the price b�d, Trustee shail d�li�er to the �urchaser Truste�'s deed con�eying
<br /> the Pr�perty. The recital5 in the TrusteeTs deed shall be prima fac�e ev�dence of th�truth af the statement�
<br /> made therein. Trustee shall app�y the pr�ceQds of the sale in the fol�owing order: �a� to a�l co�ts and
<br /> expenses of�xerci�ing �he power af sa��, and the sale, including the payment vf the Trustee's fees actually
<br /> C�2fl44-2Q 14 Carnplian�e Systerr�s,�r�c.4958-3152-2fl 13L2.3.1,8b3
<br /> Cor�sumer Rea�Estate-Security Instrument DL2D3G Page 4 of 5 www.compliancesystems.com
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