|
��15�15�3
<br /> fu�� of alI sums secured by �his Secur��y Ins�ru�r�e�t. HovSreve�, �his opt�on shall no� be exercised �y Lender if
<br /> exercise�s prohibited by federal Iaw as of�he da�e of�his S�curity Ins�rument.
<br /> �f Lender exercises �his opt�on, L�nder sha�l g�ve B�rr�v�er �otzc� of a�celera�ion. The not�ce sha�l pr��ide a
<br /> per�od of not less than �he minimum number of days �stabl�shed by Applicable Law from the date the notice is
<br /> delivered or mai�ed within wh�ch BorroWer mus� pay all su�x�.s s�cured by �his Security Ins�rumen�. �f Borrower
<br /> fails �o pay th�se sums prior to the expira��on of�his per�ad, Lender may inv�ke any remedzes permi�red by th�s
<br /> S�curity Instrument wi�hou�fur�her notice�r demand on Borrower.
<br /> Barroweris Right to Reinstat�. If Borrower m�ets certain c��di�ians, Borr�vver shal� have �he right �o hav�
<br /> enforc�m�n� of�h�s S�curity Ynstrument discont�nu�d a� any�ime priar�� the ear�ier of: �a} S days �or such ather
<br /> period as Applicable Law may specify for reinstatement}��fnre sale�f the Properry pursuant�o any power of sa�e
<br /> contained in th�s Securi�y Ins�rumerit; ar �b� entry af a �udgment enforc�ng this Securi�y Inst�rumen�. Those
<br /> condi�i�ns are �hat B�rro�ver: �a} pays Lende� all sums which then w�uld be due under th�s Secur�ty �nstrument
<br /> and�he Con�rac�as if no acce�eration had accurr�d;�b�cur�s a�y default of any other covenan�s or agreemen�s;�e}
<br /> pays a1�expenses incurred in enforc�ng�his Secur�ty Ins�ru.�.ent, including,I�u�not�imi�ed�o,reasonable attorneyst
<br /> fees to�he ex�en�permitted by 1aw; and�d) takes such action as Lez�der ma�r r�asonably require to assure tha�the
<br /> lien of�his Security�ns�rumen�, I�ender's rights in th�Properfiy and Barrflwer's obligation�o pay the sums secured
<br /> by �his Securi�y Ins�rumen� shal� continue unchange�. Upfln re�nstatement by Borrower, �h�s S�curit��nstrumen�
<br /> and the obligat�ons secured hereby shall remain fully ef�ec�ive as �f no a�celeration had accurred. However, th�s
<br /> righ�to reinsta�e sha11 not apply in�he case of accelera�ion und�r the sectian�it�ed Transfer of�he Prap�rty or a
<br /> Beneficial Interest in Borrower.
<br /> Hazardous Substances.B�rrower sha�l not cause or permi�the pr�sence,use, disposal, s�orage, �r re�ease af any
<br /> Hazardous Subs�ances on or in the Prop�rty.Borrawer sha�l not do,nor a�low anyone��se ta do,anything affect�ng
<br /> �h� Property �hat is in v�olatian of any Envir�nmental Law. The �receding �wa s�n��nces sha�l not app�y to �he
<br /> presence,use,or storage on the Proper�y of small quan�i���s of Hazardous Substances�ha�are general�y recogn�zed
<br /> �o be appropriate�o normal resid�ntial uses and to maintenance of�he Properry.
<br /> Borrow�r sha�X promptly giv�Lender writter�notice af any invest�g�ti�n,claim, demand, lawsuit or��h�r ac�ian b�
<br /> any go��rnmental or regu�a�ory agen�y or priva�� party invol�ing �he Propez-�y and any Hazardous Substance or
<br /> Environmental Law of vvhich Borrower has ac�ual kno�ledge. If Barrovwer Iear�s, or �s n��if�ed by any
<br /> gavernmen�al or regulatary authority,that any remava�or other remedia�ion of any Hazardaus Subs�an�e affe�ting
<br /> the Property is necessary, Borrower shall promptly take all necessary remedial actions in ac�ordance with
<br /> Env�ronmen�al Law.
<br /> As used in th�s paragraph, "Hazardous Substances" are�hos� subs�ances defined as toxi� or hazardous substances
<br /> �y Environmental La�v and the f�I�owing subs�ances: gasaline, kerasene, oth�r flamma�ble or t�xic pe�roleum
<br /> praducts, toxic pes�icid�s and h�rbicides, volatile s�lven�s, materials containing asbestos or forma�dehyde, and
<br /> radioac��ve mater�als. As used in this paragraph, "Envzroza.mental Law" m�ans federal�aws and laws af the state of
<br /> Nehraska�hat rela�e�o heal�h,safety or environxnen�al pro�ection.
<br /> Accelerati�n; RemQdies. Lender 5ha�1 give not�ce to Borrower prior to accelQration foll�,wing Barrower's
<br /> breach of any covenant or agre�ment xn this Security Instrument or the Contract under which a�celeratxan
<br /> is�ermx��ed �but nat priar ta acceleration under the se�t�on titled Transfer flf the Pr�perty ar a Beneficia�
<br /> Interest in Borrower, un�ess Ap�l�cab�e Law prov�des otherwis�}. The notice 5ha�1 specify: �a) the d�fault;
<br /> �b� the action required to cure the default; �c� a date, no� less than #he minimum number ❑f days
<br /> established�y Applicable Law from the date the noti�e is given t�Borrower,by which the default mus�be
<br /> cured; and (d} that fa�lure to cure �he default on or before the date specif�ed �n the noticQ may resu�t in
<br /> acce�eration of �he sums �e�ured by this Security Ins�rum�nt and sale of the Property, To the ex�ent
<br /> permitted by Iaw, the not�ce shal� further inform B�rrower�f the rxght to rQinstate after acceleratxan and
<br /> the right to br�ng a court action to assert�he non-ex�stence�f a default nr any other defQns�of BorroYver to
<br /> a��e�eration and sa��. If the default is not cured on or b�fore �he date specif�ed in the notice, Lender at its
<br /> opt�a� may require immed�ate payment in full flf a�l sum� secured by this Security Ins�rument withou�
<br /> further demand and may invoke the power of sale and any other remed�es perm��ted by Applicab�e Law.
<br /> To the extent permitted by �aw, Lender sha�l he �ntitied ta �o�lect a�� expensQs incurred in pur5uing the
<br /> r�medies provided�n this Sect��n,including,but not�im�ted to, reasona�h�e a�tarney�' fees and co5ts af title
<br /> evid�nce.
<br /> If the power of sa�e�5 invaked, Truste� shax�re��rd a notic�of d�fault in ea�h county in which any part of
<br /> the Property is Iocated and shal�ma�i�opi�s of suc� natice��the manner�r�scribed hy Applicable Law to
<br /> Barrower and to the ather persons pres�ribed by App�icable Law. After the time required by Applicabie
<br /> Law, Trustee sha�l give publ�c naticQ of sale �o the �ersans and in the manner prescribed by Applicab�e
<br /> Lavv.Trustee,w�thout demand on B�rrawer, shail sel�the Property at pub��c auction tn the hxghest bidder
<br /> a�th�time and plac�and under the ter�m.s designated in the notice of 5a�e in ane or more parc��s and in any
<br /> order Trus�ee determines. Trustee may p�st�one sale �f aIl or any parce� of the Property by pub��c
<br /> announcement at th�time and p�ace of any pre�iaus�y scheduled sa�e.Lender or�ts des�gnee may purchase
<br /> the Property at any sale.
<br /> Upon rece�pt of payment of the pr�c� bid, Trus�ee shal� d��iver t� the �urchaser Trustee's deed conveying
<br /> th�Pr�perty, The recxta�s in the Truste�'s deed sha�l b�prima facie e�v�dence�f the�ruth af the statemen�s
<br /> made therein. Truste� shal� apply the pro�eeds af the �ale �n the fal�owing order: �a� to all costs and
<br /> expen�es of e�ercising the power of sa�e, and the sa�.e, including the payment nf the Trustee's fees actual�y
<br /> C����4-2�1�€Camptiance Systems,�r�c.4958-7E�#E-2�13L2.3.1.Sa3
<br /> Consumer Real Es�ate-Se�urity Instrument DL2�3b Pagc�of 5 www.cvmpliancesystems.cvm
<br />
|