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201502553
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Last modified
7/21/2017 2:02:59 AM
Creation date
4/27/2015 9:40:58 AM
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DEEDS
Inst Number
201502553
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201502553 <br /> Borrower's Copy.Borrower shall be given one copy of this Security Instrument. <br /> Transfer of the Property or a l3eneficial Interest in Borro��ver.If all or any p�u-t of the Property ar any interest <br /> in it is sold or transferred (or if' a beneficial interest in Borrower is sold or transferred aud Borrower is not a <br /> natural person) without Lender's prior written consent, Lende�r may, at its option, require immediate payment in <br /> full of all sums secured by this Sectu-ity Instrument. However, this option shall not be exercised by Lender if <br /> exercise is prohibited by federal]aw 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 minitnum number of days established by Applicable Law from the date the no[ice is <br /> delivered or mailed within whicll Borrower must pay all sums secured by this Security Instrument. If Bonower <br /> fails to pay these sums prior to t.he expiration of this period, Lender ma.y invoke any remedies permitted by this <br /> Sectuity Instrument without further notice or demand on Borrawer. <br /> Borrower's Right to Reinstate. If Borrower meets certaiu conditions, Borrower shall have the right to have <br /> enforcement of this Security Instrument discontinued at any txme prior to the earlier of: (a) 5 days (or such other <br /> period as�pplicable Law may s��ecify for reinstatement) befo:re sale of the Property pursuant to any power of sale <br /> contained in this Security Instnument; 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 �mder this Security Instrument <br /> and the Contract as if no acceleration had occurred; (b)cures�ny default of any other covenants or agreements; (c) <br /> pays all expenses inctured in enforcing this Security Instrument,including,but not lunited to,reasonable attorneys' <br /> fees to the extent permitted by la.w; and (d) takes such action as Lender may reasonably require to assure that the <br /> lien of tlus Security Instniment, l�ender's rights in the Property and Borrower's obligation to pay the sums secured <br /> by this Security Instrument shall continue imchanged. Upon reinstatement by Borrower, dlis Sect�rity Instrument <br /> and the obligations secured hereby shall reinain fully effective as if no acceleration had occtured. 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 /> Bene�icial Interest in Borrower�. <br /> Hazardous Substances.Bonower shall not cause or permit tlle presence,use, disposal, storage, or release of any <br /> Hazardous Substances on or in the Property.Borrower shall not do,nor a.11ow 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,or storage on the P'roperty of small quantities of Hazardous Substances that are generally recognized <br /> to be appropriate to normal residential uses and to maintenancP of the Property. <br /> Borrower shall promptly give Le�nder written notice of any investigation,claim, demand,lawsuit or other action by <br /> any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or <br /> Environmental Law of which Borrower has actual knowledge. If Eorrower learns, or is notified by any <br /> Dovernmental or regulatory authority, that any removal or othe.r remediat�on of any Hazardous Substance affecting <br /> the Property is necess�uy, Bor��ower shall promptly take all necessary remedial actions in accordance with <br /> Environmental Law. <br /> As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardous substances <br /> by Environmental Law and the following substances: gasol�ne, 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" ineans federal laws and laws of the state of <br /> Nebraska that relate to health, salety or environmental protection. <br /> Acceleration; Remedies. Lender shall give notice to Borrower priox to 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 aicceleration 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 cu�re 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 befo�re the date specified in the notice may result in <br /> acceleration of the sums secured by this Security Instrn�ment and sale of the Property. To the extent <br /> �'O-2004201=4 Compliance Systems,Ine.4958-60C1-2.0131.:L3.1.803 <br /> Cousumer Real Estate-Securiry Ins�rument DL2036 Page 5 of 7 www.compliancesys�ems.com <br />
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