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<br />201008072
<br />by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument
<br />and the obligations secured hereby shall remain fully et�ective as if no acceleratiori laad occurred. However, tk►is
<br />right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property ar a
<br />Sene�cial Interesf in Borrower.
<br />Hazardous Substanees. Borrowar sha11 not cause or permit fhe presence, use, disposal, storage, or release of any
<br />Hazardaus Substairces on or in the Property. B�rrower shall not do, nor allow anyone else to do, anything affecting
<br />the Property Chat is in violation of any Environmental Law. The preceding two sentences sha11 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 residential 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 governrnental or regulatory agency or private party involving the Properiy.and any Hazardous Subatance or
<br />Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any
<br />governmental or regulaCory authority, that any removal ar other remediatian of any Hazardous Substance affecting
<br />the Property is necessary, Bnrrower shall promptly take all necessary remedial actions in accordance with
<br />Enviranmental Law.
<br />As used in this paragraph, "Hazardous Substances" are thnse substances defined as toxic or hazardous substances
<br />by Environmental I.aw and the following substances: gasoline, kerosene, other flammable or toxic petroleum
<br />products, toxic pesticides and herbicides, volatile salvents, tnaterials containing asbestos or formaldehyde, and
<br />radioactive materials. As used in this paragraph, "Environmental Law" means federal laws and laws of the state of
<br />Nebraska that relate to health; s�fety or environmental protection.
<br />Acceleration; Remedies. Lender shall give notice to Barrovver pri�r to accelerAtion following Borrnwer's
<br />breach of any covenant or agreement in this Sect�rity lnstrument or the Contract under which �cceleration
<br />is permitted (but not prior tn acceleration under the se¢tion titled 'Transfer of the Property or a Bene�cial
<br />Interest in Borrower, unless Applicable Law provides otherwise). The nnt'tce shall specify: (a) the default;
<br />(b) the action required to cure the default; (c) a date, nat less than the rninimum nurnber of days
<br />established by Applicable Law from the date the notice is given to Borrower, by wliich the default must be
<br />cured; and (d) that failure ta cure the default on or before tlie date speci�ed in the notice may result in
<br />acceleration of tlie sums secured by tliis Security Instrument and sale of the Property. To the extent
<br />perrnitted by law, the notice shall further inform Borrower of the right to reinstate after acceleration and
<br />the right ta bring a court action to assert the non-existence of a default or any ather defense of Borrower ta
<br />acceleration and sale. lf the default is not cured on or before the date speci�ed in the notice, Lender at its
<br />option. may require immediate payment in full af all sums secured by this Security Instrument without
<br />further clemand and may invok� the power of sale and any nther remedies pertnitted by Applicable Law.
<br />To the extent permitted by law, Lender shall be entitled to callect 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 af sale is invoked, Trustee shall record a nutice of default in each county in which �ny part of
<br />the Property is lacated and shall mail copies of sucl� 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 manner prescribed by Applicable
<br />Law. 'Crustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder
<br />at the timc and place and under the terms designated in the notice of sale in one or more parcels and in any
<br />order Trustee deterrnines. Trust�e may postpone sale of $11 or any parcel of the Property by public
<br />announcernent 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 1'rustee's deed shall be prima facie evidence of the truth of the statements
<br />made therein. Trustee shall apply t1�e prpceeds of the sale in the following order: (a) to $11 costs and
<br />expenses of exercising the power of sale; and the sale, including the payment of the Trustee's fees actualiy
<br />incurred and reasnnable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this
<br />SecuriCy Instrument; and (c) any excess to the person ar persons legally entitled to it.
<br />Reconveyance. Upon payment of all sums secured by this Security Instrument and termination af Borrower's right
<br />to obtain further advances under the Contract, Lender shall request Trustee to reconvey the Property and shall
<br />surrender Chis Security Tnstrument and all contracts evidencing debt secured by this Security Instrument to Trustee.
<br />Trustee shall reconvey the Prope.rty withouc warranty to the persan or peraons legatly entitied to it. Such person or-
<br />persons shall pay any recordation costs. I,ender may charge such person or persans a fee for reconveying the
<br />Properiy, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of
<br />the f�e is permitted under Applicable I.�aw.
<br />Substitute Trustee. Lender, at its option, may fi time to time remove Trustee and appoint a successor trustee
<br />to any '1"rustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is
<br />recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties
<br />conferred upc�n Trustee herein and by Applicable Law.
<br />Request t'ur Notices. Borrower requests that copies of the notice of deFault and sale be sent to Bor► address
<br />which is the Properiy Address.
<br />�C� 2ppq-20p9 ('ompliance Systeuvs, Inc. 002D-9874 - 2009.12368 ��
<br />Consumer Iteal Bstate - Security Insnvmcnt �L2036 T'age 4 of 5 wutiv.complianetvyslems.cnin
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