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20090'7655
<br />contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those
<br />conditions are that Borrower: (a) pays Lcndcr all sums which then would be due under this Security Instrument
<br />and the Contract as if no accclcration had occurred; (h) 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 [.,ender may reasonably require to assure that the
<br />lien pf this Security Instrwnent, Lender's rights in the Property and Borrower's obligation to pay the sr.nns secured
<br />by this Security Instrument shall continue unchanged. Upon reinstatement by [3orrowcr, this Security Instrument
<br />and the obligations secured hereby shall remain fltlly ef2ctive as if no acceleration had occurred. However, this
<br />right to reinstate shall not apply in the case ofacccleration under the section titled Transfer 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 Cnvironmcntal Law. The preceding two sentences shall not apply to the
<br />presence, use, or storage on the F'ropcrty of small quantities of Hazardous Substances that arc generally recogni-red
<br />to be appropriate to normal residential uses and to maintenance of the Property.
<br />Borrower shall promptly give Lcndcr written notice of any investigation, claim, demand, lawsuit or other action by
<br />any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br />L'nvironmcntal Law of which Borrower has actual knowledge. If' Borrower learns, or is notified by any
<br />governmental or regulatory authority, that any removal or other remcdiatinn of any I-Iazardous Substance affecting
<br />the Property is necessary, 13orrowcr shall promptly take all necessary remedial actions in accordance with
<br />Cnvironmcntal 1.aw.
<br />As used in this paragraph, "hazardous Substances" arc those substances defined as toxic or hazardous substances
<br />by Cnvironmcntal Law 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 />radioactive materials. As used in this paragraph, "Cnvironmcntal Law" means federal laws and laws of the stale of
<br />Nebraska that relate to health, safety or cnvironmcntal protection.
<br />Acceleration; I2cmedics. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument or the Contract under which accclcration
<br />is permitted (hut not prior to accclcration under the section titled Transfer of the I'woperty or a 13eneticial
<br />Interest in Borrower, uNess Applicable Law provides otherwise). The notice shall specify: (a) the default;
<br />(b) the action required to cure the default; (c) a date, not less than the minimum number of days
<br />established by Applicable I,aw from the date the notice is given to Borrower, by which the default must be
<br />cured; and (d) that failure to cure the default on or before the date specified in the notice may result in
<br />accclcration of the sums secured by this Security Instrument and sale of the T'wnperty. 7'n the extent
<br />permit ed by law, the notice shall further inform Burrower of the right to reinstate after accclcration and
<br />the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to
<br />acceleration and sale. If the default is oat cured un or before the date specified in the notice, Lender at its
<br />option may require immediate payment in full of all sums secnwed by this Security Instrument without
<br />further demand and may invoke the power ot'sale and any other remedies permitted by Applicable Law.
<br />'1'o the extent permitted by law, Lender shall he entitled io collect all expenses incurrded in pursuing the
<br />remedies pwovided in this Section, including, but not limited to, reasonable attorneys' fees and costs of title
<br />evidence.
<br />If the power of sale is invoked,'I'rustec 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 Law to
<br />Borrower and to the other persons prescribed by Applicable Caaw. After the time required by Applicable
<br />T.aw, 'T'rustee shall give public notice of sale to the persons and in the manner prescribed by Applicable
<br />L.aw. 1'rustec, without demand on Borrower, shall sell the Property at public auction to the highest bidder
<br />ai the time and place and under the terms designated in the notice of sale in one or more parcels and in any
<br />order 1Yustec determines. 'trustee may postpone sale of all or any parcel of the Property by public
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