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200907545 <br />Borrower's Right l0 Reinstate. if' Borrower meets certain conditions, [3orrowcr shall have the. right to have <br />cnforccmcnt of this Secut'ity Instrument discontinued at any tune prior to the earlier of (a) 5 days (or such other <br />period as Applicable Law may spccily for reinstatement) before sale of the Property pursuant to any power of sale <br />contained in this Security Instrument; or (h) entry of a judgment enforcing this Security lnstrumcnt. 'Those <br />conditions are that I3orrower: (a) pays Lender all sums which then would he due under this Security Instrument <br />and the Contract as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) <br />pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' <br />fees to the extent permitted by law; and (d) takes such action as bender may reasonably require to assure that the <br />lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured <br />by this 5ccurity Instrument shall continue unchanged. Upon reinstatement by I3orrower, this Security Instrument <br />and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this <br />right to reinstate shall not apply in the case of acceleration under the section tilled '1'wansfcw of the Property or a <br />Beneficial Interest in Borrower. <br />Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any <br />Hazardous Substances on or in the Property. 'Borrower shall not do, nor allow anyone else to do, anything affecting <br />the Property that is in violation of any [;nvironmental Law. The preceding two sentences shall not apply to the <br />presence, use, or storage on the Property of•small quantities of Hazardous Substances that arc generally recognized <br />to be apprnpriaie to normal residential uses and to maintenance of the Property. <br />Borrower shall promptly give C,ender written notice of any investigation, claim, demand, lawsuit or other action by <br />any governmental or regulatory agency or private party involvinf; the Property and any Hazardous Substance or <br />L,nvironmental Law of which I3orrower has actual knowledge. [f Borrower learns, or is notified by any <br />goverml~cntal or regulatory authority, that any removal or other remediation of any Hazardous Substance affecting <br />the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with <br />Environmental Law. <br />A, usccl in this paragraph, "hazardous Substances" are those substances defined as toxic nr hazardous substances <br />by Environmental L.aw and the following substances: gasoline, kerosene, other flammable; or toxic petroleum <br />products, toxic; pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and <br />radiitactive materials. As used in this paragraph, "Gnviromnental Law" means federal laws and laws of the state of <br />Nebraska that relate to health, safety or environtncntal protection. <br />Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following; Borrower's <br />breach of any covenant or agreement in this Security Instrument nr the Contract under which acceleration <br />is permitted (hut not. prior to acceleration under the section titled Transfer of the Properly or a Bene}icial <br />Interest in Iinrwower, unless Applicahle Law provides otherwise). 7"he notice shall specify: (a) the default; <br />(h) the action required to cure the default; (c) a date, not less than the minimum number of days <br />established by Applicable Law from the date the notice is given to Borrower, by which the default must he <br />cured; and (d) that failure to cure the default on or before the date specified in the notice may result in <br />acceleration of the sums secured by this Security Instrument and sale of the Property. '1'o the extent <br />permitted by law, the notice shall further inform Borrower of the right to reinstate after acceleration and <br />the rigtN to bring a court action to asserk the non-existence of a default or any other defense of Borrower to <br />acceleration and sale. I1' the default is not cured on or before the date specified in the notice, Lender at its <br />option may require immediate payment in full of all sums secured by this Security Instrument wiihout <br />further demand and may invoke the power of sale and any other werncdics permitted by Applicable Law. <br />1'o the extent permitted by law, Gender shall he entitled to collect all expenses incurred in pursuing the <br />remedies provided in this Section, including, but not limited to, reasonable attorneys' fees and costs of title <br />evidence. <br />I1'thc powcw of sale is invoked, Trustee shall record a notice of default in each county in which any part of <br />the Property is located and shall mail copies of such notice in the manner prescribed by Applicable L.aw to <br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicahle <br />I,stw, 7'rustec shall give public notice of sale to the persons and in the manner prescribed by Applicable <br />•nna turn/ rnniprancc sy.~.•~,~,. i~r~ nni ~ssu; . zcxr~> ns.asu <br />C'„n.,umcr Itcnl I:.u ttlc ~ Sccunry InYVUnn•w DI2n1G I':rgc ti nf7 www.~anrp L:uu.csy,icrn e.eum <br />