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201502488 <br /> Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest <br /> in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a <br /> natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in <br /> full of a.11 sums secured by this Security Instrument. However, this option shall not be exercised by Lender if <br /> exercise is prohibited by federal law as of the date of this Security Instrument. <br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a <br /> period of not less than the minimum number of days established by Applicable Law from the date the notice is <br /> delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower <br /> fails to pay these sums prior to the expiration of this period, Lender may xnvoke any remedies permitted by this <br /> Security Instrument without further notice or demand on Borrower. <br /> Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have <br /> enforcerrnent of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other <br /> period as Applicable Law may specify for reinstatement)before sale of the Property pursuant to any power of sale <br /> contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those <br /> conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument <br /> and the Contract as if no acceleration had occurred;(b) cures any default of any other covenants or agreements;(c) <br /> pays all expenses incurred in enforcing this Security Instrument, including,but not limited to,reasonable attorneys' <br /> fees to t�ne extent permitted by law; and (d)takes such action as Lender may reasonably require to assure that the <br /> lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured <br /> by this 5ecurity Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument <br /> and the obligations secured hereby shall remain fi�lly effective as if no acceleration had occurred. However, this <br /> right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or a <br /> Beneficial Interest in Borrower. <br /> 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 allo�v anyone else to do,anything affecting <br /> the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the <br /> presence,use,ar storage on the Property of small quantities of Hazardous Substances that are generally recognized <br /> to be appropriate to normal residential uses and to maintenance of the Property. <br /> Borrower shall promptly give Lender written notice of any investigation, claim,demand, lawsuit or other action by <br /> any governmental or regulatory agency or private parly involving the Property and any Hazardous Substance or <br /> Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any <br /> governrrnental or regulatory authority,that any removal or other remediation of any Hazardous Substance affecting <br /> the Property is necessary, Borrower shall promptly take all necessary remedial actions in accardance with <br /> Envirorunental Law. <br /> As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardous substances <br /> by Envinonmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum <br /> products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and <br /> radioactive materials. As used in this paragraph, "Environmental Law"means federal laws and laws of the state of <br /> Nebrask�that relate to health,safety or environmer�tal protection. <br /> Acceleration; Remedies. Lender shall give notice to Borrower prior ta acceleration following Borrower's <br /> breach of any covenant or agreement in this Security Instrument or the Contract under which acceleration <br /> is permitted (but not prior to acceleration under the section titled Transfer of the Property or a Bene�cial <br /> Interest in Borrower, unless Applicable Law provides otherwise). The notice shall specify: (a) the default; <br /> (b) the action required to cure the default; (c) a date, not less than the minimum number of days <br /> established by Applicable Law from the date the notice is given to Borrower, by which the default must be <br /> cured; and (d) that failure to cure the default on or before the date speci�ed in the notice may result in <br /> acceleration of the sums secured by this Security Instrument and sale of the Property. To the extent <br /> permitted by law, the notice shall further inform Borrower of the right to reinstate after acceleration and <br /> the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to <br /> acceleration and sale. If the default is not cured on or before the date�pecified in the notice, Lender at its <br /> option may require immediate payment in full of all sums secured by this Security Instrument without <br /> further demand and may invoke the power of sale and any other rem�edies permitted by Applicable Law. <br /> To the extent permitted by law, Lender shall be entitled to collect all expenses incurred in pursuing the <br /> remedies provided in this Section, including, but not limited to, reasonable attorneys' fees and costs of title <br /> evidence. <br /> If the power of sale is invo➢�ed,Trustee shall record a notice of default in each county in which any part of <br /> the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to <br /> Borrowrr and to the other persons prescribed by Applicable Law. Afner the time required by Applicable <br /> Law, Trustee shall give public notice of sale to the persons and in th� manner prescribed by Applicable <br /> Law. Trustee,without demand on Borrower,shall sell the Property at public auction to the highest bidder <br /> at the tirne and place and under the terms designated in the notice of sale in one or more parcels and in any <br /> order Trustee determines. Trustee may postpone sale of all or any parcei of the Property by public <br /> announcement at the time and place of any pre�iously scheduled sale.Lender or its designee may purchase <br /> the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br /> the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br /> �2004-2014 Compliance Systems,Inc.FD60-A297-2013L2.]0.1.895 <br /> Consumer Real Estate-Security Instrument DL2036 Page 4 of 5 www.comptiancesystems.com <br />