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200904044 IF Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a. period of not less than the minunum number of days established by Applicable Law from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instnuncnt without further notice or demand on Borrower. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of; (a) 5 days (or such other period as Applicable Law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. 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 occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing 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 reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured >ay this Security Instrument shall continue unchanged. Upon rcinstatcmcnt by Borrower, this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. Ifowcvcr, this right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or a Beneficial Interest in Borrower. Sale of Note Change of Loan Scrvicer. The Notc or a partial interest in the Note (together with this Security Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Serviccr") that collects periodic payments due under the Note and this Security Instrument. There also maybe one or more changes of the Loan Serviccr unrelated to a sale of the Notc. If there is a change of the Loan 5crviccr, Borrower will be given written notice of the change in accordance with the section titled Notices and Applicable Law. The notice will state the name and address of the new Loan Serviccr and the address to which payments should be made. The notice will also coniarn any other information required by Applicable haw. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting 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 Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Borrower shall promptly give bender written notice of any investigation, claim, demand, lawsuit or other action by any govcrnmcntal or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge. if Borrower learns, or is notified by any govcrnmcntal or regulatory authority, that any removal or other rernediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or har,ardous substances by 1nvironmental Law and the following substances: gasoline, kerosene, other 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 state of Nebraska that relate to health, safety or environmental protection. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant ow agreement in this Security Instrument (but not prior to acceleration under the section titled 7"ransfer 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 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 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 ~~ 2U04-2UUH Copyright Compliance 8ysrnns, Inc 7nF:P-l)63Z - z(NIR.I(1~289 .cumpliaucesysiems.cum Consumer Rcal Estate - Security Insmmxm I)1203fi Pt~ge 6 ol'R BW-96N-N522 -Fox GIG-95(-I N(8