� , ,..., , N�, 99 110722
<br /> . , � , � .
<br /> Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this
<br /> Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the
<br /> date of this Security Instrument
<br /> If Lender exercises this option,Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less
<br /> than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security
<br /> Instrument. If Bonower fails to pay these sums prior to the expiration of ttus period, Lender may invoke any remedies
<br /> permitted by this Security Instrument 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
<br /> enforcement of this Security Instroment discontinued at any time prior to the earlier of: (a) 5 days (or such other period as
<br /> applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this
<br /> Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. T'hose conditions are that Borrower: (a)
<br /> pays Lender all sums which then would be due under this Security InsUvment and the Note as if no acceleration had occurred;
<br /> (b)cures any default of any other covenants or agreements; (c)pays all expenses incurred in enforcing this Security Instrument
<br /> including,but not Limited to,reasonable attorneys'fees; and (d)takes such action as Lender may reasonably require to assure
<br /> that the lien of this Security Instrument, Lender's rights i� the Property and Borrower's obligation to pay the sums secured by
<br /> 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
<br /> not apply in the case of acceleration under paragraph 17.
<br /> 19. Sale of Note; Change of I,oan Servicer. The Note or a partial interest in the Note (together with this Securiry
<br /> Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity
<br /> (known as the "Loan Servicer") that collects monthly payments due u�der the Note and this Security Instrument. There also
<br /> may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer,
<br /> Borrower will be given written notice of the change in accordance with paragraph 14 above and applicable law. The notice
<br /> will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will
<br /> 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
<br /> Hazardous Substances on or in the Property. Bonower shall not do, nor allow anyone else to do, anythirig affecting the
<br /> Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or
<br /> storage on the Properry of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> residential uses and to maintenance of the Property.
<br /> Bonower shall prompfly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any
<br /> governmental or regulatory agency or private pany involving the Property and any Hazardous Substance or E�viro�mental
<br /> Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority,
<br /> that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall
<br /> prompdy take all necessary remedial actions in accordance with 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
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioacdve materials. As used
<br /> in this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br /> relate to health,safety or environmental protection.
<br /> NON-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as follows:
<br /> 2l. Acceleratiat; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any
<br /> covenant or agreement in this Security lnstrument (but not prior to acceleration under paragraph l7 unless applicable Iaw
<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 Botrower,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 thi;Security Instrument and saJe
<br /> of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a ,
<br /> court action to assert the non�acistence of a default or any other defense of Borrower to acceleration and sale. If the default is
<br /> not cured on or before the date speci�ed in the notice, Lender at its option may require immediate payment in full of aJl sums
<br /> secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted
<br /> by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph
<br /> 21, including,but not limited to,reasonable attorneys'fees and costs of title evidence.
<br /> Single Family—FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 09/90(Page b of 6 Pages)
<br /> NEBRASKA EC927L Rev. 10/14/91
<br />
|