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<br />by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this 5ecurity Instniment
<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 acceleratian under the section titled Transfer of the Property or a
<br />Beneficial Interest in Borrower.
<br />Hazardous 5ubstances. Borrawer shall not cause or permic the presence, use, disposal, storage, or release af any
<br />Hazardous Substances on or in the Property. Barrower shall not do, nor a11ow anyone else to do, anything affecting
<br />the Property that is in violation of any Environmental I_aw. 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 residential uses and to maintenance oF the Property.
<br />Borrower shall prornptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by
<br />any �overnmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br />Environmental I�aw of which Borrower has actual knowledge. If Borrnwer learns, or is notified by any
<br />governmental or regulatory authority, that any removal or other remediatian of any Hazardous Substance afFecting
<br />the Property is necessary, Borrower sha11 promptly take all necessary remedial actions in accordance with
<br />Envirorimental Law.
<br />As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardous substances
<br />by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum
<br />products, toxic pesticides and herbicides, volatile solvents, macerials contatning 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 thac relate to health, safety or environmental protection.
<br />Acceleratinn; Remedies. Lender shall give notice to Sarrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security lnstrument or the Contract under which acceleration
<br />is permitted (but not prior to acceleration under the section titled Transfer of the Praperty or a Beneficial
<br />Interest in Borrower, unless Applic�ble Law provides otherwise). The notice shall specify: (�) 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 Law 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 speci�ed in the notice may result in
<br />acceleration of the sums secured by this Security Instrument and sale of the Praperty. "To the extent
<br />permitted 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 of a default or any other defense of Borrower to
<br />acceleration and sale. [f the default is not cured on or before the date specified in the notice, Lender at its
<br />option may . r�q��ire immediate payment in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power af sale and any other remedies permitted by Applicable Law.
<br />To the extent permitted by law, Lender shall be entitled to collect a11 expenses incurred in pursuing the
<br />remedies provIded in this Section, including, but not limited to, reasonable attorneys' fee� and costs of title
<br />evidence.
<br />If the pawer of sale is invoked, Trustee shall record a notice of default in each county in �vhich any part nf
<br />the Property is located and shall mail copies of such notice in the tnanner prescribed by Applicable Law to
<br />Borrower and to the other persons prescribed by Applicable Law. After the tir�te required by Applicable
<br />Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable
<br />I,aw. Trustee, without demand an Borrower, shall sell the Property at public auction to the highest bidder
<br />at the time and place �nd under the terms designated in the notice of sale in one or rnore parcels and in any
<br />order Trustee determines. Trustee may postpone sale of all or 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 purch�ser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed shall be prim� facie evidence of the truth of the statements
<br />made therein. Trustee shall apply the proceeds af the sale in the following order: (a) to all costs and
<br />expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually
<br />incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this
<br />S�curity Instrument; and (c) any excess to the person or persnns legally entitled to it.
<br />Reconveyance. Upon payment of all sums secured by this Security Instrument and terminatian of Borrower's right
<br />to abtain further advances under the Contract, Lender shall request Trustee to recanvey the Property and shall
<br />surrender fhis Security Instrument and all contracts evidencing debt secured by this Security Instrument to Trustee.
<br />- �'�tstec-shail reecm�eq-the ��ape��vit�icxtt wa�raHty to �1ie person or persoxi� legal�y entitled tn it. 5uch person or
<br />persons sha11 pay any recordation costs. Lender may charge such person or persons a fee far 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 fee is permitted under Applicable Law.
<br />Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successar trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is
<br />recorded. Withaut conveyance of the Praperty, the successor trustee 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 of the notice of default and sale be sent to Borrower's address
<br />which is ehe Property Address.
<br />� 2004-2009 Compliancc Systems, Inc. 002U-eF73 - 2009.12368
<br />Consumer Rcul EsfutZ - Security Instrumcnt �L2036 Pugc 4 nf 5 www.compliancesyste�ns.com
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