Laserfiche WebLink
Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument <br />without further notice or demand on Borrower. <br />18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of <br />this Security Instrument discontinued at any time prior to the earlier of (a) 5 days (or such other period as applicable law may specify for <br />reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgment <br />enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender <br />may reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay <br />the suns secured by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the <br />obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in <br />the case of acceleration under paragraph 17. <br />19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security Instrument) <br />may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer ") <br />that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer <br />unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance <br />with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which <br />payments should be made. The notice will also contain any other information required by applicable law. <br />20. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of <br />any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of <br />Hazardous Substances that are generally recognized 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 any governmental <br />or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has <br />actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of <br />any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with <br />Environmental Law. <br />As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by <br />Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and <br />herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 20, <br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or <br />environmental protection. <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of <br />any covenant or agreement in this Security Instrument (but not prior to acceleration under Paragraph 17 unless applicable law <br />provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than <br />30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default <br />on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of <br />the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court <br />action to assert the non - existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured <br />on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this <br />Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable <br />Loan No.: 3506999 Initials: <br />Nebraska Deed of Trust- Single Family- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 09/90 <br />THE COMPLIANCE SOURCE, INC. To Order Call (9µ7 0) 980-2178-Fax P e oe (972) 392 -2891 I IIIIII VIII VIII VIII VIII VIII VIII IIII VIII VIII VIII VIII VIII IIII (pro o N 6 cs ze9a <br />