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2010U�414
<br />explicitly or implicitly allow the parties to agrcc by contract or it might be silent, but such silence shall not be
<br />construed as a prohibition against agreement by contract. In the event that any provision or clause oF this Security
<br />Instrument or the Note cnnflicts with Applicable Law, such conflict shall not afFect othcr provisiqns of this Securiry
<br />Instrument or the Note which can be given cffcct without the conflicting provision.
<br />As used in this Security instrument: (a) words of the masculine gender shall mcan and include corresponding
<br />neuter words or words of the feminine gender; (h) words in the singular shull mean and include the plural and vice
<br />versa; and (c) the word "may" gives sole discretion without any obligation to take any action.
<br />17. Borrower's Copy. Borrower shall be given one copy of thc Notc and of this Security Instrument.
<br />18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Intcrest in
<br />thc Property" means any legal or beneficial intcrest in the Property, including, but not limited to, thosc bcneFicial
<br />interests transferred in a bond for deed, contract for dccd, installment sales contract or escrow agreement, the intent
<br />of which is the transfer of title by Borrower at a future date to a purchaser.
<br />If all or any part of the Property or any Interest in the Property is sold o� transferred (or if Barrower is not a
<br />natura] person and a beneficial interest in Borrower is sold or transferred) without Lendcr's prior written consent,
<br />Lender may require immediatc payment in fnll of all sums secured by this Security instrument. However, this option
<br />shall not bc excrcised by Lcnder if such exercise is prohibited by Applicablc Law.
<br />If Lender exercises this opuon, Lcndcr shall give Borrower noticc of acccicration. The notice shall provide a
<br />perivd of not less than 30 days from the date the noticc is given in accordance with Section 15 within which Borrower
<br />must pay a11 sums secured by this Security Instrumcnt. If Borrower fails to pay these sums prior to the expiration of
<br />this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand
<br />on Borrowcr.
<br />19. Borrower's Right to Reinstate After Acceleration. If Borrowcr mccts certain cnnditions, Borrowcr shall
<br />havc the right to have enforcement of this Sccurity lnstrumcnt discontinucd at any time prior to the cazlicst of: (a)
<br />fivc days before sale of the Property pursuant to any power of salc contained in this Security Instrumcnt; (b) such
<br />othcr period as Applicablc Law might specify for the termination of Borrowcr's right to reinstatc; or (c) cntry of a
<br />judgmcnt enForcing this Sccurity Instrument. Thnse conditions arc that Borrower: (a) pays Lcndcr all sums which
<br />then would be duc under this Security Instrument and the Note as if no acceleration had occurrcd; (b) cures any dcfault
<br />of any other covcnants or agreemcnts; (c) pays al] expenscs incurrcd in cnforcing this Security Instrumcnt, including,
<br />but not limitcd to, rcasonablc attorncys' fees, property inspection and valuation fees, and other fecs incurrcd for the
<br />purpose of protccting Lender's intcrest in thc Property and rights undcr this Sccurity Instrument; and (d) takcs such
<br />action as Lcndcr may rcasonably rcquirc to assure that Lender' s intcrest in thc Property and rights undcr this Sccurity
<br />Instrument, and Borrower' s obligation to pay thc sums sccurcd by this Security Instrument, shall continuc unchanged.
<br />Lender may require that Bnrrower pay such reinstatement sums and expenses in one or more of the following forms,
<br />ns selected by i.ender: (a) cash; (b) money nrder; (c) certified check, bank check, treasurcr's check or cashier's check,
<br />provided any such check is drawn upon an institution whose deposits are insured by a fcderal agency, instrumentality
<br />nr entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations
<br />secured herehy shall remain fully effective as if no acceleratinn had nccurred. However, this right to reinstate shall
<br />not apply in the case oF acceleration under Section 18.
<br />20. Sale of 1Vote; Change of Loan Servlcer; Notice nF Grievance. The Note or a partial interest in the Notc
<br />(together with this Security Instrumcnt) can bc sold onc or more times without prior noticc to Borrower. A sale might
<br />result in a change in the entity (known as thc "Loan Scrvicer") that collects Periodic Payments due under the Nvte
<br />and this Security Instrument and per£orms othcr mortgagc loan servicing obligauons under the Note, this Security
<br />Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated tp a sale
<br />of the Note. If there is a change of the Loan Servicer, Borrvwer will be given written notice of the change which will
<br />state the name and address of the new Loan Servicer, the address to which payments should be made und any other
<br />information RESPA rcquires in connection with a notice of transfcr of servicing. If the Note is sold and thcreaftcr
<br />the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mnrtgage loan servicing obligations
<br />to Borrowcr wil] remain with the Loan Servicer or be transferrcd to a successor Loan Servicer and are not assumed
<br />by thc Note purchascr unlcss othcrwisc providcd by the Notc purchascr.
<br />Ncithcr Borrowcr nor Lendcr may commence, join, or bc joincd to any judicial action (as eilhcr an individual
<br />]itigant or thc member of a class) that arises from the other party' s actions pursuant to this Security Instrument or that
<br />allegcs that the othcr party has breached any provision of, or any duty owcd by reason of, this Sccurity Instrument,
<br />unti] such Borrowcr or Lcndcr has notificd thc other party (with such noticc givcn in compliance with thc rcquircments
<br />of Scction 15) of such alleged breach and afforded thc othcr party hcreto a reasonablc period after the giving uf such
<br />nouce w take corrective action. If Applicablc Law provides a time periud which must elapse before certain action
<br />can bc taken, that ume period will be dccmcd to bc rcasonable for purposcs of this paragraph. The notice of
<br />acceleration and oppurtunity to cure givcn to Borrowcr pursuant to Section 22 and thc notice of acceleration given
<br />to $orrower pursuant to Section 18 shall be deemed lo satisfy the notice and opportunity to take corrective action
<br />provisions ofthis Section 20.
<br />21. Hazardous Substancea. As used in this Section 21: (a) "Hazazdous Substances" are thosc substances
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmcntal Law and the following substances:
<br />gasoline, keroscnc, other flammable or toxic pctrolcum products, toxic peslicidcs and herbicides, volatile solvents,
<br />materials containing asbesws or formaldchydc, and radioacuve muerials; (b) "Environmental Law" means federal
<br />laws and ]aws of the jurisdiction where the Property is lqcated that relate to health, safety or environmental protection;
<br />(c) "Fnvironmental Cleanup" includes any response action, remedial action, or removal action, as defined in
<br />Environmental Law; and (d) an "Bnvironmental Condition" means a condition that can causc, contribute to, or
<br />otherwisc triggcr an �nvironmcnta] Clcanup.
<br />NEBFtASKA--Single Family--Fannle Mae(Freddie Mac UNIFORM INSTRUMENT - MERS oncMagic �mvovtcs eoo•easa3ez
<br />Form 3028 1l01 Page 8 of 11 www.docmag�.com
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