2� 15�84�2
<br /> fu�l of aI� sums secured by this Securit� Instrum�n�. Hovvever, this opt�on shall not be exercised by Lender if
<br /> e�ercise is prahi�ited by fed�ral law as of�he da�e af�his Security�ns��rumen�.
<br /> If Lender �xercises this op��.or�, Lerider sha11 give B orrower nfl��ce �f acce�era��on. TI�e notice sha�� pr�vide a
<br /> period of not Iess than the minimum number af days es�ab�is�ed by Applicab�e Lavv fram the da�e the no��ce zs
<br /> delivered or maz�ed vvi�hin ���ch B�rrower mus� pay a�l sums secured by �hzs Securi�y Instrurnen�. �f Borrower
<br /> fails tv pay these sums prior �� �he expiration of�his period, Lender may invoke any remedies pe�-m.itted by th�s
<br /> 5ecurity Instru.ment witho��t further no�ice or demand�n Borro�ver.
<br /> Borrower's Right �o Rein�tate. �f Borravver meets cer�ain conditions, �arravver sha�l have the righ� to have
<br /> enforcernent of�his Secur�ty Zns�rument disc�ntinued at any time pri�r t� the earlier af: �a} S days �or such ather
<br /> per�a�as App�icable Law may specify for reinstatement}before sale of the Proper�y pursuant to an�power of sale
<br /> con�ained in �his Security Instrumen�; ar �b� ent�y of a judgment enfflr�ing this Security �nstru�ment. Thase
<br /> condi�ions are tha�B�rroWer: �a} pays Lender aIl sums Whi.ch then wauld be due under this 5ecurifiy �ns�rumen�
<br /> and the Contra�t as if no acc�lera�ion had occurred;�b�cures any default�f any o�her covenants or agre�ments; �c}
<br /> pays a1I expenses incurred�enforcing�his 5ecurity Ir�strument, includ�ng,bu�no�Iimi�ed��,reasonable attorneys'
<br /> fees �o the extent permi�te�by law; and (d}�akes such action as Lender may reasona�ly re�uire to assure�hat the
<br /> ��en of�his Security�nstrum�nt, Lender's righ�s ix��he Praper�y a�d Borrovver's al�liga�i�r���pay the sums secured
<br /> by this Security�nstrumen�.�ha11 cont�nue unchanged. �Jpon reinstatemen�by BarroWer, this Securi� Instrumen�
<br /> and �he �bl�gations secured 1lereby shal� remain fu�ly effective as if no a�celera�ion had oc�urred. H��urever, �has
<br /> right�o re�ns�a�e shall not app�y in the case of accelerat�an under�he section t���ed Transfer of�he Praperty or a
<br /> Beneficial Interest in��rr�wer.
<br /> Hazardous Substances.B�rro�rer sha�1 not cause �or perm.i.t�he presence,use, d�spasal, storage, �r release o�'any
<br /> Hazardous 5ubs�ances on or in the Property.Borrawer�hal�not do,n�r allo�v anyone e�se to do,anyth�ng affecting
<br /> �he Pr�per�ty�hat is �n v�olati�n of any Eraviror�me�n�al Law. The preceding two sen�ences shall not appiy to �he
<br /> presence,use,or storage an�he Praperty�f sma1l quan���ies af Hazardous 5ubsta.nces�hat are generally recognized
<br /> to be appropria�e ta nflrmal r�siden�ial uses and t�main�enance of the Propert}r.
<br /> Borrower�ha�I pr�mptly give Lender written notice of any�nvestigati�n,claim, demand,�a�rsuit ar ath�r action by
<br /> any governmen�al �r reguiat�ry agency or priva�e party inv�lving �he Proper�y and any Hazardaus Substance or
<br /> Env�ronm�rata.I La�r of �hich Borrovver has actua� knoyvledge. �f Borrower learns, or �s no�if ed �y any
<br /> governmental or regula��ry autharity,tha�any removal or other rem�diat�Qn of any Ha�ardaus Subs�an�e affec��ng
<br /> the Property is ne�essary, Borrovver shall prompt�y �ake a�� r�ecessary remed�a� ac�ions in accardance wi�h
<br /> Enviranmental Lavv.
<br /> As used�n this paragraph, "Hazardous 5ubstances" are �h�se substances defined as�vxic or hazardous substances
<br /> by Environmen�al Lavv and �xe fo��ou�ng subs�ances: gaso��ne, kerosene, ath�r flammab�e or �oxic pe�roleum
<br /> prflduc�s, taxic pes�icides and herbicides, vala���e so�vents, ma�er�a�s con�ain�ng asbestos or fflrrnaldehyde, and
<br /> radiaac�ive materials. As used in�his paragraph, "Environmen�al Lavv"means federal 1a�rs and lavvs�f the s�ate of
<br /> Nehraska�ha�rela�e to heait�,safety vr environmental prfltect�on.
<br /> Acceierat�on; R.emed�es. L�nder sha�I give r�ot�ee �a Borrower prior to acce�eration folloVv��g Borrower's
<br /> breach flf any�vvenant or�gre�ment in this Se�urYty Instrurnent or th��flntract under which acce��ratf�n
<br /> �s permit�ed �but nat prior to a�ce�erat�on under the se�t�an t��Ied Transfer Qf the Property�r a Be�e���a�
<br /> Interest in Bflrr�wer, unle�s Appl��ab�e Law provfc�es atherw�se]. The no��ce shall specify; ��� the defaul�;
<br /> �b3 the act�on requ�r�d to cure the default; �c� a da��, no� less than the min�mum number of days
<br /> established by Appiicable La�v from the dat�the nQtice�5 g�ven to Borrvwer,by whi�h the d�fau�t must be
<br /> �ured; and �d} that fa��ur� t� cure the default �n or befare �he date speci�ed in the not��e n�ay resuit �n
<br /> acce�era��on of the sums �ecured by this Se�uri�y Instrument and sale of the Property. To the e�tent
<br /> perm�t�ed by Iaw, the not��e shall fur�her�nf�rm�arrov�er vf�he right�a reinstate after ac�e�erat�on and
<br /> the right to br�ng a court aE�t�on�o asser�the non-ex�stence of a defau�t vr an�ather def�nse of Barrower�o
<br /> a�c�lerati�n and sa1Q.If�h� defauit is n�� �ured on or bQfore the date specified�n the not�c�,I�ender at its
<br /> aptifln may require immedia�e payment in fui� Qf al� sums secured by this S�cur�ty Ins�runr�ent wi�huut
<br /> fur�her demand and rr�ay invoke the power of sa�e and any other rem�dies perrni�ted �ay App��cable Y�aw.
<br /> Tv the ext�nt permitt�d b� Iaw, L�nder shall be entitle� to c�Ilect aIi expens�s incurred �n pursuing �he
<br /> remedies provided in this�ection,in�iud�ng,but not�imited to,reasonable attorneys'fe�s and�osts of t�.t�e
<br /> ev�dence.
<br /> If the power flf sale is inva�ed,Trustee shall recard a n�tfce of dQfauit in each county i�which any part of
<br /> �he Property�s�vcated and shall mail c�pies of such no�ice in �he manner pres�ribed by Applicable I1aw�o
<br /> Borrower and tv the other person5 prescribed l�y App�icable Law, After the �ime r�qu�red by Appi�cable
<br /> Lav►v, Trustee shall g�v� public notice of sa�e �a �he persvns and �n �he manner prescribed �� Applicable
<br /> Law.TruStee,,w��hou� demand an Borrower, shall se��the Proper�y a�publi� auc�ion�o the highest�idder
<br /> at the time and p�ace and under the terms d�s�gnated�n the notice of 5a�e�n one ar mare parc�ls and in any
<br /> vrder Trustee detern�ines. Tru�tee may postp�ne 5a�e of all nr any parce� nf the Property by pub�xc .
<br /> ann�uncement at the ti�ne and plaCe of any previ�ously schedu�ed sa�e.Lender or its�es�ignee�ra�y purchase
<br /> the Proper�y at any sa�e.
<br /> Up�n rece�pt of payment of the price bid, Trust�e shall deliver to th�pur�haser TruSt�e's deed conveying
<br /> the Praperty, The rec��a��in �he Trustee's deed �hall be pr�ma facie evidence of the truth vf�h�5tatemen�s
<br /> made there�n. Trustee sha�� apply th� proceeds of the 5a�e in �he foll�wing arder: �a� �o all costs and
<br /> expenses of exer�ising �he�owQr of sale, a�.d the sale, including the payment�f the Truste�'s fQeS actually
<br /> C��0�4-2415 Compliarice Systems,Inc.$C54-7751-�4I5,i I,3,1Q9$
<br /> Consurr3er Real Estate-Security Instrurnent I]L203b Fage 4 vf 5 www.compliancesystems.com
<br />
|