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<br />200707305
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<br />4500029552
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<br />means any legal or beneficial intcrest in the I".upcrty, including, belt not limited to, those beneficial interests transferred in a bond
<br />for deed, contract for deed, installment sales contract or cscrow agrccmcnt, thc intent of which is the transfer of title by Borrower
<br />at a future date to a purchaser.
<br />If all or any part of the Property or any Intcrest in thc Property is sold or transferred (or if Borrower is not a natural person
<br />and a beneficial interest in Borrower is sold or Iransferred) without Lender's prior writtcn conscnt, Lcndcr may require immediate
<br />payment in full of all sums seeurcd by this S(~eurity Instrunlent. Howcvcr, this option shall not be exercised by Lender if such
<br />exercise is prohibited by Applicable Law.
<br />If Lender exercises this option, Lender shall give Borrower notice of accclcration. Thc notice shall provide a period of not
<br />less than 30 days from thc date the notice is givcn in accordancc with Scction 15 within which Borrower must pay all sums secured
<br />by this Security Instrument. If Borrowcr fails to pay these sums prior to the expiration of this period, Lender may invoke any
<br />remedies permitted by this Security Instrument without further notice or demand on Borrower.
<br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain 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
<br />the Property pursuant to any power of salc contained in this Security Instrumcnt; (b) such other period as Applicable Law might
<br />specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those
<br />conditions are that Borrower: (a) pays Lender ;11 I sums which then would be due undcr this Security Instrument and the Note as if
<br />no acceleration had occurred; (b) cures any dcbult of any othcr covenants or agreements; (c) pays all expenses incurred in
<br />enforcing this Security Instrument, including, hulnot limited to, reasonable attorncys' fees, property inspection and valuation fees,
<br />and other fees incurred for the purpose of protccting Lendcr's intcrcst in thc Property and rights under this Security Instrument;
<br />and (d) takes such action as Lender may reasonahly require to assure that Lcndcr's interest in the Property and rights under this
<br />Security Instrument, and Borrower's obligatioll to pay thc sums sceured by this Security Instrument, shall continue unchanged.
<br />Lender may require that Borrower pay such ITlnstalement sums and expenses in one or more ofthe following forms, as selected by
<br />Lender: (a) cash; (b) money order; (e) certilied check, bank check, treasurer's check or c,lshier's check, provided any such check is
<br />drawn upon an institution whose deposits arc inSLlred by a federal agcncy, instrumentality or entity; or (d) Electronic Funds
<br />Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as
<br />ifno acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration undcr Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together
<br />with this Security Instrumcnt) can be sold one or more times without priur notice to Borrower. A sale might result in a change in
<br />the entity (known as the "Loan Servicer") lhilt collects Periodic Paymcnts due under the Note and this Security Instrument and
<br />performs other mortgage loan servicing obligiltiolls under the Nute, this Security Instrumcnt, and Applicable Law. There also
<br />might be one or more changes of the Loan Servicer unrelatcd to a sale of the Note. I I' there is a change of the Loan Scrvicer,
<br />Borrower will bc given written notice of the change which will state the name and address of the new Loan Serviccr, the address to
<br />which payments should be made and any othcr inl(lI"lnation RESPA requires in connection with a notice of transfer of servicing. If
<br />the Note is sold and thereafter the Loan is scrvieed by a Loan Servieer other than the purchaser of the Note, the mortgage loan
<br />servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may COlllmence, join, or be joined to any Judicial action (as either an individual litigant or
<br />the member of a elass) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other
<br />party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has
<br />notified the other party (with such notice given in compliance with the requircmcnts of Section 15) of such alleged breach and
<br />afforded the other party hereto a reasonablc pcriod after the giving of such notice to take corrective action. If Applicable Law
<br />provides a time period which must elapse bcfl)re certain action can be taken, that time period will be decmcd to be reasonable for
<br />purposes of this paragraph. The notice of aecelcration and opportunity to cure given to Borrower pursuant to Section 22 and the
<br />notice of ucceleration given to Borrower pursllilllt to Section 18 shall he deem cd to satisfy the notice and opportunity to take
<br />corrective action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (u) "Ha/.ardous Substances" arc those substances defined as toxic
<br />or hazardous substances, pollutants, or wastl's by Environlllental Law ;lIld the I.ollowing substances: gasoline, kerosene, other
<br />flammable or toxic petroleum products, tUXIC pesticides and herbicides, vohltile solvents, materials containing asbestos or
<br />formaldehyde, and radioactive materials; (b) "Lllvironl11entill Law" nJeilns federal luws and laws of the jurisdiction where the
<br />Property is located that relate to health, surelv or envirolllnental protection; (c) "Environl11ental Cleanup" includes any response
<br />action, remedial action, or removal action, .IS dctined in Environl11ent,i1 Law; ;lIld (d) an "Environmental Condition" means a
<br />condition that can cause, contribute to, or otherwise trigger an Environmcntal Clcanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
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<br />NEBRASKAn Single Family --Fannie Mac/Freddie Mar UNIFORM INSTRUMENT
<br />~) 338.25 /'0,':" V o( //
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<br />Form 3028 1/01
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<br />oPJL W~
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