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20070928C If Lender exercises this option, Lenc\t,'r shall give Borrower notice of acceleration. The notice shall provide a period of not less than the minimum number or days established by Applicable Law ftom the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instmment. If Borrower fails to pay these sums prior to the expiration of this period, Ltmler may invoke any remedies lKnniued by this Security Instmment without ti.uther notice or demand on Borrower. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcemt,11t ofthis Security Instmment discontinued at any time prior to the earlier of: (a) 5 days (or such oth(,'f period as Applicable Law may specify tor reinstatement) be/ore sale ofthe Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instmment. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occ:urred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instmment, including, but not limited to, reasonable a\tomeys' fees to the extent permitted by law; and (d) takes such action as Lender may reasonably require to assure that the lien of this Security Instmment, Lender's rights in the Property and Borrower's obligation to pay the sums secured by this Security Instmment shall continue unchanged. Upon reinstatement by Borrower, this Security Instmment and the obligations secured hereby shall remain fully effective as if no acceleration had occurre,d. However, this right to reinstate shall not apply in the case of acceleration lOlder the section titled Transfer of the Property or a Beneficial Interest in Borrower. Sale of Note Change of Loan Servicer. The Note or a partial intL....est in the Note (together with this Security Instmmcnt) may be sold one or 1110re tiTlles without prior notice to Borrow(,'f. A sale may result in a change in the entity (known as the "Loan Servicer") that collects periodic payments due under the Note and this Security Instmmcnt. There also may be one or more changes ofthe Lo<m S(,TVicer unrelated to a sale orthe Note. HthL....e is a change of the Loan Servicer, Borrower will be given written notice ofthe change in accordance with the section titled Noticcs and Applicable Law. The notice will state the name and address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any othL'f in/ormation rlXjltired by Applicable Law. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous SubstiUlces on or in the Property. Borrower shall not do, nor allow anyone else to do, anything aff'ecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous SubstiUlces that are generally recognized to be appropriate to normal residential uses and to maintcnlUlce of the Property. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge. If Borrower leams, or is notified by any gowrnmental or regulatory authority, that any removal or other remediation of any Hazardous SubstlUlce all'ecting tile Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this parab'I'aph, "Hazardous Substances" are those substances dc/lned as toxic or hazardous substcmces by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or f()rmaldehyde, and radioactive materials. As used in tillS paragraph, "Environmental Law" means federal laws and laws ofthe state of Nebraska that relate to health, safety or environmental protcction. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covcnant or agreement in this Security Instrumcnt (but not prior to acceleration under the section titled Transfer of the Propcrty or a Bencflcial Interest in Borrower, unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than the minimum number of days established by Applicable Law from the date the notice is given to Borrowcr, by which the dcfault must be cured; and (d) that failurc to cure the default on or before the datc specificd in the notice may result in accelcration of the sums securcd by this Security Instrumcnt and tJ 2004.2007 Copyright COT'npliliHce Syster.nst IIiC'. 8:C9C.P92f\. 2U07.01.201 www.compuancosystcms.com COHSlUuerRe.a1 Estate. ~e.curity llliItrufnent DL2036 Pagt:: 6 of8 800~968r8S22 r Fax 616~956~ 1868 >('7/1 X~