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200901825 Borrower's Right to Reinstate. If Borrowcr Ill~ds L:crtain L:onditions, Borrower shall have the right to have en10rccmcnt of this Security Instrument discontinucd at any time prior to the earlier of: (a) 5 days (or such other pniod as AppliL:ablc Law may speL:ify for reinstatement) before sale of the Property pursuant to any power of sale wntaincd in this SCL:urity Instrument; or (b) entry of a judgment en forcing this Security Instrument. Thos~ conditions arc that Borrower: (a) pays Lender all sums which then would bc duc under this SCL:urity Instrument and the Contnwt as i fno acceleration had occurred; (b) L:ures any de1ault of any other covenants or agreements; (c) pays all cxpenses incurrcd in cnforL:ing this Security Instrument, including, but not limited to, reasonable attorneys' fees to the extent permitted by law; and (d) takes such action as Lender may rcasonably require to assufC that the lien of this Security Instrument, Lender's rights in the Propcrty and Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon rcinstatement by Borrower, this Security Instrument and the obligations secured hereby shall remain fully dfective as if no acceleration had occurred. However, this right to reinstate shall not apply in the L:ase of acceleration under the section titled Transfer of the Property or a Beneticiallnterest in Borrower. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Ilazardous Substances on or in the Property. Borrower shall not do, nor allow anyonc else to do, anything aJrecting the Property that is in violation of any Environmental Law. The preceding two scntences shall not apply to the presence, use, or storage on the Properly of small quantities of Hazardous Substances that are generally recognized to be appropriatc to normal r~sidential uses and to maintenance of the Property. Borrower shall promptly give Lender written notic~ of any investigation, elaim, 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 knowlcdgc. If Borrower learns, or is noti11ed by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordanL:e with Environmcntal Law. As uscd in this paragraph, "Hazardous Substances" are those substanL:cs defined as toxic or hazardous substances by Environmcntal Law and the following substances: gasoline, keroscne, othcr flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials_ As used in this paragraph, "Environmental Law" means federal laws and laws of the stal\: of Nebraska that r~late to health, safdy or cnvironmental protection. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument or the Contract under which acceleration is permitted (but not prior to acceleration under the section titled Transfer of the Property or a Beneficial Interest in Borrower, unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to eure 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 Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. To the extent permitted by law, the notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. To the extent permitted by law, Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section, including, but not limited to, rcasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable It:) 2004.200tl. COI)ydght CompJii.l]\c(' Systems, fllt::. 74ED-4596 - 200S.10.2S9 Consumer Relll Estate.. Security Instl'llnlCnt DLlDJ6 PflgC 5 01'7 www .(,:()mpli!1n(':l;:SY5tcms.~~om ROO-9fiR-RSn - fa. olo-956-1k6k