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2010U7436 . x , ,
<br />by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument
<br />aand 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 tkae section titled Transfer of the Property or a
<br />Beneficial Interest in Borrower.
<br />Hazardous Substances. Borrower shall not cattse or permit tha presence, use, disposal, storage, or release of any
<br />Hazardous 5ubstances 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 Environznental 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 are generally recognized
<br />to be appropriate to normal residendal uses and to maintenance of the Property.
<br />Borrower shall promptly give Lender 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 />Environmental Law of which Borrower has actual knawledge. If Borrower learns, or is notified by any
<br />governmental or regulatory autharity, 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 I,aw.
<br />As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardaus substances
<br />by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum
<br />products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or fornaaldehyde, and
<br />radioactive materials. As used in this paragraph, "Envirax�mental Law" means federal laws and laws of the state of
<br />Nebraska that relate to health, safety or environmental protection.
<br />Acceleration; Remedies. Lender ahall 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 acceleration
<br />is permitted (but not prior to acceleratian under the section titled Transfer of the Property or a Bene�cial
<br />Interest in Borrower, unless 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 />establlshed by Applic�ble Law from the date the notice is given to Boarrower, by which the default must be
<br />cured; and (d) that failure to cure the default on or before the date speci�ed in the notice may result in
<br />acceleration af the sums secured by this Security Instrument and sale of the Property. To the extent
<br />�ermitted by law, the notice shall further inform Borrower of the right to reinstate after acceleration and
<br />the right to bring a court action to assert the non-existence af a default or any other defense of Borrower to
<br />acceleration and sale. If the default is not cured on or before the date speci�ed in the notice, Lender at its
<br />option may require immediate paytnent in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by Applicable Law.
<br />To the extent peranitted by law, Lender shall be 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 />If the power of sale is invoked, Trustee sha11 record a notice of default in each county in which any part of
<br />the Property is located and shall mail capies of such notice in the manner prescribed by Applicable Law to
<br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable
<br />Law, Trustee shall give public notice of sale to the persons and in the nr►anner prescribed by Applicable
<br />Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder
<br />at the time and place and under the terms designated in the notice of sale in one or more parcels and in any
<br />order Trustee determines. Trustee may postpone sale of all ar any parcel of the Property by public
<br />announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase
<br />the Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements
<br />made therein. Trustee shall apply the proceeds of the sale in the following arder: (a) ta all costs and
<br />expenses of exercising the power of sale, and fhe sale, inciuding the payment of the Trustee'a fees actually
<br />incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sams secured by this
<br />Security Instrument; and (c) any excess ta the persan or persons legally entitled to it.
<br />Reconveyance. Upon payment of all suxns secured by this Security Instrument and termination of Borrower's right
<br />to abtain further advances under the Contract, Lender shall request Trustee to reconvey the Property and shall
<br />surrender this Security Instrument and all contracts evidencing debt secured by this Security Instrument to Trustee.
<br />Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or
<br />persans shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the
<br />Property, but anly if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of
<br />the fee is permitted under Applicabl� Law.
<br />Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Tcustee appointed hereunder by an instrument recorded in the county in which this Security Instru�rxaent is
<br />recorded. Without conveyance of the Property, the successor tntstes shall succeed to all the title, power and duties
<br />conferred upon Trustee herein and by Applicable Law.
<br />Request for Notices. Borrower requests that copies oFthe notice of default and sale be sent to Borrower's address
<br />which is the Property Address.
<br />�i 2004-2009 Campliance Systems, Inc. 002D-8066 - 2009.12.36B
<br />Consumer Real Estatc - Sccurity Inst[ument D42036 Pagc 4 of 5 �vunv.compliancesystems.com
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