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9� 1069�4
<br /> Sccurity Instrumcnt and the obligations secured hereby shall remain fully effective as if no acceleration had
<br /> ��ccu�rccl• Ilc�wever, thls righl tr� rcinstale shall not ;���ply in the case of accelcra�ion under paragraph 17,
<br /> I J. Sulc of Nntc; Changc of'Lonn Scrvicer. 'I'he Note or si partial interest in thc; Nc�te (�ogeil�e�with lhis
<br /> Sccuriiy Ins�nimen!) m,ry he sold one or more times without prior notice to I3orrower. A sale may rrsult in a
<br /> chanb'c in �hc entity (known as Ihe "Loan Servicer") �hat collects monthly Payments due under the Note and
<br /> ihis Sccurity Instrumcnt. 'fhere also may ��c one or more changes of Ihc I_oan Servicer unrelated to a sale of
<br /> �hc Nuic. If Ui�re is a change of �I�e Loan Servicer, f3orrower will t�� �iven wriuen notice of the change in
<br /> �iccor�l:incc wi�h ��;ir;igraph 14 abovc and ap�ilicablc law. '1'hc noticc wil! st.itc thc namc and address of Ihc
<br /> ncw I.�r,in Scrvicer ancl the ad�lress to wl�icli ��ayments should be maele. '1'he notice will �Iso contain any olher
<br /> inli�rn�aii��i� required by applicable law.
<br /> 2(►. Ilaz,irduus SuDslances. 13orrower shall not cause or Permit the presence, use, disposal, storage, or
<br /> rcic;isc uf.�ny Il,iz;�rd�us Suhs�ances on or in Ihe Pr��erty. �3orrower shall not do, n�r allow anyonc clsc lo
<br /> �lu, anylhin�; ;il'I'cc�in6 thc ('ro��crly Ihal is in vic�l;i�ion oF any f;nvironmcn�,il L,�w. Thc prcccding Iwo
<br /> scntcncrs sh�ill n��t a����ly ��� Ihc presencc, usc, ��r storobc �m Ihc Proncrty �P small quantitics c�f tlazard�us
<br /> Suhsi,inccs th�u arc bcnerally rccobnized to hc a� ro�rialc to normal residcntial uscs and to maintcnance of Ih�
<br /> Pru(�crty. I P I
<br /> Iliirrowcr shall ��rom�lly give I_rnder wriUCn noticc �f any imcstig,�lion, cl�im, demand, lawsuit or other
<br /> •icliim by :iny governmenlal or regulalory a�ency or rivale party involving Ihc Pro��erty �nd �ny Ilaz;ircl�us
<br /> Subsl;ince nr I:nvimnmenl.il Law ol'which I���rruwer �as acfual knowle<1ge. 11' 13nrrower learns, or is nolil'ied
<br /> I�y :uiy 6uvernmcntal or rc6ulatory authority, th;�t .my removal or other remecliation of anY Il�zardous
<br /> Sii�»i��ncc ,i17�ccting the Pro�cr�y is nrcessary, fiorrower shall �rom�Uy t;�ke �II necessary remedial acti�ns in
<br /> ;icc��r�l:incc wiih I:nvironmcnttil Law.
<br /> As uscel in ihis �aragra��li 20, "Il�zardous Subst.inces" are those substances cicfinccl �s toxic or haz;irdous
<br /> subsiances by linvironmental Law ancl Ihe 1'�illowing subst�nces: gasoline, kerosene;, olher tlammable or toxic
<br /> purulcum proclucts, �oxic ��cs�icidcs and hrrbiciclrs, vc>latilc solvenls, materials containing asbcstos or
<br /> Ic�rm;il�lchyde, ;ind raclioaclive materials. As nscd in this pnragraph 20, „Environme;ntal l_aw" means federal
<br /> I�nvs ;in�l I�iws of �hc jurisdiclion wherc the Properly is located that rel.rtc to hcalth, safety or environmtn�al
<br /> ��rntcc�icm.
<br /> NON-IIM�nRM CnVf:NAN"1:5. 13on-owcr ancl Lcncicr furthcr covcnant and agrec.�s follows:
<br /> 21. Acceleruliun; 1lemedies. Lender sh.�ll give nolice to Rorrower prior lo acceleration following
<br /> Isr►rrnwer's hreach of any covrnanl or .�greement in lhis Security Instrument (hut not prior t�
<br /> :►cccicrulinn un�lcr �ar:tgr;�ph 17 unlcss a��pli�ralilc I:nv prnvidcs olhcrwisc). '1'hc noticc shnll spccil'y: (��)
<br /> Ihc ilcl;iull; (I►) Ihc:iction rcqiiircd lo i�urc Ihc dcl:iull; (c) :i �lufc, nul Icss Ihi►n 30 duys from Ihc�lulc Ihc
<br /> n�►licc is �ivcn to Borr�nvcr, hy which lhc �Icl:iult must bc c�u•ed; and (cl) lhat Pailurc to curc lhc dcf:tull
<br /> nn ��r licfurc Ihc datc spccificd in thc n�>licc may result in •uccicralion of' thc sums secure�l by this
<br /> Srcurily Instrumcnt and salc oF lhc I'r��perty. '1'hc nolicc shall furlhcr inform Isorrowcr of tl�c right t�
<br /> rcinsl:�tc aftcr ncccicrntion nnd thc riglit lo I►ring n court nction t� nsscrt lhc non-existcncc oY n dcfnult
<br /> �►r uny othcr �Icfense of liorro�ver to acccler�tion and sale. If the defi�ult is not cnred on or before the
<br /> d:ite specil'iccl in lhe nolice, I.ender at its optim� rn,�y require immedinle p�yment in full of nll sums
<br /> scrurccl by this Sccurity Inslrumcnt without Furlhcr dem�nd And may involcc Ihc powcr of salc und nny
<br /> �►ther rcmedics permitted by Applicable I;iw, i,endcr shnl) be cntitled to collcct all cxpenscs incurred in
<br /> pursuing thc remedics provided in this par�gr�ph 21, including, but not limitcd to, reasonnblc nfforncys'
<br /> I'ces ancl ci►sts of lille evidence.
<br /> If Ihe p�►wcr ol'sule is involcecl, Truslce shall record a nntice of dcf�ult in ench county in which nny
<br /> part uf �he Property is l�►c�ted and sli�ll mail copics of such nolice in the mnnner prescribed by
<br /> �pplicuble law tc� liorra�ver :►nd to the other persons prescribed by npplicnble I�w. After the time
<br /> required by �pplicablc Inw, '1'rustcc shnll givc pub)ic nnticc of s�lc to lhc persnns nnd in thc mnnncr
<br /> prescrihc�l Iry upplicablc luw. 'I'ruslcc, wilhout dcm.vid on Rorrowcr, sl�all scll thc Property nt public
<br /> auclinn In thc highesl bidder ut lhe time nnd place and under the lerms designi�ted in the notice of siile in
<br /> onc nr morc parccls uncl in uny ordcr Trustce determines. Trustec mu
<br /> of!hc I'roperty hy public announcement nt lhc time nnd Ince of nn y P�stponc snle oP nll or nny pnrccl
<br /> or ils�Iesi�;nec may purch:ue the Property a! ;�ny sule. � Y previously scheduled sale. Lender
<br /> Upnn rccci�t of payment of l4c price bid, 'Cruslee shall dcliver to Ihe purcbnser Trustee's deed
<br /> convcying Ihc �'roperly. Thc reclt��ls in Ihc '1'rustcc's dced shall bc prima Pncic evidencc of lhc trulh of
<br /> Ihc stutcments m:�dc lhcrcin. '1'rustcc sh:�ll npply thc procceds oF thc snlc in thc Following order: (n) to
<br /> nll cnsts nnd expenses of exercising the power of snle, nnd lhe snle, includin the
<br /> 7'rustec s fecs uctu�lly incurred, not to excecd o � pnYment of the
<br /> thc limt of Ihc dccluration of deFnult, nnd reas�n�blc nttorncys' fces ns perni ttecl'1 y law;t(b) to�All sums
<br /> securul by this Security Instrument; nnd (c) nny excess to the person or persons Icgnlly entitled to it.
<br /> 22. Rcconveyancc. Upon payment of all sums secured by tl�is Security Instrumcnt, Lendec shall rec�ucst
<br /> Trustec to reconvcy the Property and shall surrender �his Security Instn�ment and all notes evidencing debt
<br /> secured by this Security Instn�ment to Tnistee. T'n�stce shall reconvey the Property without warranty and
<br /> NEBRASKA -Sinple Family -Fannlo Mao/Froddio Mac Unl(orm Instnimont
<br /> Form 3028 9/90
<br /> lnsr Foim�Inc.�800�448�3555 ���,,
<br /> UFT�R1MA302B 3i98 Pape 6 0/7 Initials�>��T�i ��"
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