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<br />200604980
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<br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest In the
<br />Property" means any legal or beneficiafinterest in the Property, including, but not limited to, those beneficial Interests transferred in
<br />a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by
<br />Borrower at a future date to a purchaser.
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<br />If all or any part of the Property or any Interest In the Property Is sold or transferred (or if Borrower Is not a natural person and a
<br />benefloial interest in Borrower IS sold or transferred) without Lender's prior written oonsent, Lender may require immediate payment
<br />in full of all sums secured by this Security Instrument. However, thiS option shall not be exercised by Lender if such exercise Is
<br />prohibIted by Applicable Law.
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<br />If Lender exercises this option, Lender shall give Borrower notice of aooeleratlon. The notloe shall provide a perfod of not less
<br />than 30 days from the date the notice is given in accordance with Section 15 within whIch Borrower must pay all sums secured by
<br />this Security Instrument. If Borrower falls to pay these sums prior to the expiration of this period, Lender may invoke any remedies
<br />permitted by this Security Instrument without further notice or demand on Borrower.
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<br />19. Borrower's Right to Reinstate After Acceleration. 11 Borrower meets oertain conditions, Borrower shall have the
<br />right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the
<br />Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify
<br />for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforolng this Security Instrument. Those conditions
<br />are that Borrower. (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no
<br />acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred In enforcing
<br />this Security Instrument, Including, but not limited to, reasonable attorneys' fees, property lnspection and valuation fees, and other
<br />fees Inourred for the purpose of protecting Lender's Interest in the Property and rights under this Security Instrument; and (d) takes
<br />such action as Lender may reasonably require to assure that Lender's Interest in the Property and rights under this Security
<br />Instrument, and Borrower's obligation to pay the sums secured by this Seourity Instrument, shall continue unchanged. Lender may
<br />require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a)
<br />cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check Is drawn
<br />upon an Institution whose deposits are Insured by a federal a~ency, instrumentality or entity; or (d) Electronlo Funds Transfer. Upon
<br />reinstatement by Borrower, this Security Instrument and obligations secured hereby shalf remain fully effective as if no accleratlon
<br />had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.
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<br />20. Sale of Notej Change of Loan Serviceri Notice of Grievance. The Note or a partial interest in the Note (together
<br />with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result In a ohange In the
<br />entity (known as the "Loan Servioer") that oollects PerIodic Payments due under the Note and this Secuitly Instrument and periorms
<br />other mortgage loan servicing obligations under the Notel this Security Instrumenthand Applicable Law. There also might bo one or
<br />more changes of the Loan Servicer unrelated to a sale aT the Note. If there is a 0 ange of the Loan Servloer, Borrower will be given
<br />written notice of the chan$)e which will state the name and address of the new Loan Servloer, the address to which payments should
<br />be made and any other Information RESPA requires in connection with a notioe of transfer of servicing. If the Note is sold and
<br />thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to
<br />Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servioer and are not assumed by the Note
<br />purchaser unless otherwise provided by the Note purchaser.
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<br />Neither Borrower nor Lender may commence, join, or be joined to any judicIal action (as either an Indivlduallltigant or the
<br />member of a class) that arises from the other party's aotions pursuant to this Seourity Instrument or that alleges that the other party
<br />has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrowor or Lender has notilled the
<br />other party (with suoh notice given In compliance with the requirements of Section 15) of suoh alleged breaoh and afforded the other
<br />party hereto a reasonable period after the giving of such notice to take corrective aotlon. If Applicable Law provides a time period
<br />which must elapse before oertain action can be taken, that time period will be deemed to be reasonable for purposes of this
<br />paragraph. The notloe of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of
<br />acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take oorreotlve action
<br />provisions of this Section 20.
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<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as
<br />toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other
<br />flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials oontalnlng asbestos or
<br />formaldehyde, and radioaotlve materials; (b) "EnVIronmental Law" means federal laws and laws of the jurisdiction where the Property
<br />is located that relate to health. safety or environmental protection; (0) "Environmental Cleanup" includes any response action,
<br />remedial action, or removal actionl as defined In Environmental Law; and (d) an "Environmental Condition" means a condition that
<br />can cause, contribute to, or otherwise trigger an Environmental Cleanup.
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<br />Borrower shall not oause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten
<br />to release any Hazardous Substances, on or In the prorerty. Borrower shall not do, nor allow anyone else 10 do, anything affecting
<br />the Properly (a) that is in violation of any Envlronmenta Law, (b) which creates an EnvIronmental Condition, or (c) wflich, due to the
<br />presence, use, or release of a Hazardous Substance, creates a oondltlon that adversely affac1s the value of the Property. The
<br />preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous
<br />Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (Including,
<br />but not limited to, hazardous substanoes In consumer products).
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<br />Borrower shall promptly give Lender written notioe of (a) any investigatIon, claim, demand, lawsuit or other action by any
<br />govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of
<br />which Borrower has actual knowledge, (b) any EnVironmental Condition, Inoluding but not limited tO,any spilling, leaking, discharge,
<br />release or threat of release of any Hazardous Substanoe, and (c) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or Is notlffed by any govemmental or
<br />regulatory authority, or any private party, that any removal or other remeaiation of any Hazardous Substanoe affecting the Property is
<br />necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall
<br />create any obligation on Lender for an Environmental Cleanup.
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<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows;
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<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under
<br />Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action
<br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by
<br />whIch the default must be cured; and (d) that failure to cure the default on or before the date specified in the
<br />notice may result in acceleratIon of the sums secured by this Security Instrument and sale of the Property. The
<br />notice shall further Inform Borrower of the right to reinstate after acceleration and the right to bring a court
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<br />NEBRASKA-Slngle Femlly-Fannle MaWF~dl. MaD UNIFORM STATI;MENT
<br />3028 NE DOT 01101 PG3
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<br />r'<>rm 3028 '/01 (pIl!I8 ~ gf 7 Pll\l....)
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