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<br />-"If <br /> <br />200608534 <br /> <br />200607614 <br /> <br />Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security <br />Instrumelll or the Note which can be given effect without the contlicting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender: (b) words in the singular shall mean and include the plurai and vice <br />versa; and (c) llle word "may" gives sole discrelion without any obligalionto take any action. <br />17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. <br />lB. Transfer of the Property or a Beneficial Interest in Borrower. As used In this Section IB, "Interest in <br />the Property" means any legal or beneflcialinterest in the Property, including, but not limited to, those beneficial <br />interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement. the intent <br />of which Is the transfer of titie by Borrower at a future date to a purchaser. <br />If all or any part of the Property or any Interest In the Property is soid or transferred (or if Borrower is not a <br />natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written conselll, <br />Lender may require immediate payment in full of all sums secured by this Security Instrument. Ilowever, this option <br />shall not be exercised by Lender if such exercise is prohibited by Appllcable Law. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a <br />period of not less than 30 days from the date the nolice is given in accordance with Seclion 15 withIn which Borrower <br />must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiralion of <br />this period, Lender may invoke any remedies permitted by this Security Instrument w!tllOut further notice or demand <br />on Borrower. <br />19_ Borrower's Right to Reinstate After Acceleration, If Borrower meets certain conditions, Borrower shall <br />have the right to have enforcement of this Security Instrument discontinued at any lime prior to the earliest of: (a) <br />five days before sale of the Property pursuant to any power of sale contained in this Security Instrumelll; (b) such <br />other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a <br />judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which <br />then would be due under this Security Instrument and the Note as Ifno acceleration had occurred: (b) cures any default <br />of any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instrument. including, <br />but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the <br />purpose of protecling Lender's interest in the Property and rights under this Security Instrument: and (d) takes such <br />action as Lender may reasonably require to assore that Lender's interest in the Property and rights under this Security <br />Instrument, and Borrower's obligalion to pay the sums secured by this Security Instrument, shall conlinue wlchanged. <br />Lender may require that Borrower pay such reinstatemelll sums and expenses in one or more of the following forms, <br />as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, <br />provided any such check is drawn upon aninstilUtion whose deposits are insured by a federal agency, instrumentality <br />Or entity; or (d) Electronic Funds Transfer. Upon reinstatement hy Borrower, this Security Instrument and obligalions <br />secured hereby shall remain fully eflectlve as if no acceleralion had occurred. However, this right to reinstate shail <br />not apply in the case of acceleration under Section lB. <br />20_ Sale of Note; Change of Loan ServiceI'; Notice of Grievance. The Note Or a partial interest in the Note <br />(togelller wilh this Security Instrument) can be sold one Or more times without prior notice to Borrower. A sale might <br />result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note <br />and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security <br />Instrument, and Applicable Law. There also might be one or more changes of the Loan ServiceI' unrelated to a sale <br />of the Note. Iflhere is a change of the Loan Servicer, Borrower will be given written notice of the change which will <br />state the name and address of the new Loan Servicer, the address to which payments should be made and any other <br />informalion RESPA requires in conneclion with a nolice of transfer of servicing. If the Note is sold and thereafter <br />the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrower will remaIn with the Loan Servicer or be transferred to a SucceSSOr Loan Servicer and are not assumed <br />by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, .loin, or be joined to any judicial aclion (as eilher an individual <br />Iiligant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that <br />alleges that the other party has breached any provision of, Or any duty owed by reason of, this Security Instrument, <br />until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements <br />of Section 15) of such alleged breach and afforded the other party hereto a reasonahle period after the giving of such <br />notice to take corrective aclion. If Applicable Law provides a lime period which must elapse before certain aclion <br />can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of <br />acce\eralion and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given <br />to Borrower pursuant to Section lB shall he deemed to satisfY the notice and opportunity to take corrective action <br />provisions of this Seclion 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances <br />det1ned as toxic or hazardous substances, pollutants, Or wastes by Environmental Law and the following substances: <br />gasoline, kerosene, other flammahle or toxic petroleum products, toxic peslicides and herbicides, volatile solvents, <br />materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal <br />laws and laws of the jurisdiction where the Property is located that relate to heahh, safety or environmental protection; <br />(c) "Environmental Cleanup" includes any response action, remedial aclion, or removal action, as defined in <br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or <br />otherwise trigger an Environmental Cleanup. <br />Borrower shallnOl cause or permil the presence, use, disposal, storage, or release of any Hazardous Substances, <br />or threaten to release any Hazardous Subsuillce., on or in the Property. Borrower shall not do, nor allow anyone else <br /> <br />Borrower Initials: <br /> <br /> <br />NEBRASKA--Single Fa <br />Form 302B 1101 <br /> <br />Mac UNIFORM INSTRU"MEliiT:-MERS <br />Page B of 10 <br /> <br />DoeMltglc e,"'l)F?i:ri1'{:, 800,649.1362 <br />www.dDemagic.com <br />