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<br />by this' Security Tnstrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrurnent
<br />and tTie ohligations 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 Twansfer of the Property ar a
<br />Seneficial Interest in Borrower. '
<br />Hazardous Substances. Borrower shall not cause or permit tl�e 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 vivlation of any Environmental Law. The preceding two sentences shall not apply to the
<br />presence, use, or storage on the Property of small quantitiey 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 governm�ntal or regulatory agency or private party involving the Property and any Hazardous Substance or
<br />�,nvironmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any
<br />governmental or re�ulatory authority, that any removal or other remediaCion of any Hazardous Substance affecting
<br />the Property is necessary, }3orrower sha11 prornptly take all necessary rem�dial actions in accordance with
<br />E;nvironrnantal Law.
<br />As used in tl�is paragraph, "Hazardous Substances" are those substances defined as toxic or hazardous substances
<br />by Environnaental Law and t}�e following substances: gasoline, kerosene, other fla,mmable or toxic petroleum
<br />produccs, toxic pesticides and herbicides, volatile solvents, materials 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, safety or environmental protection.
<br />Acceleration; Remedies. Lender shall give notice to Borrawer prior to acceler�tion 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 acceleration under the section titled 'I'ransfer of the Property or a Bene�cial
<br />Interest in Borrower, unless Applicable I�aw 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 Law from the date the notice is giveai to Borrower, by which the default must be
<br />cured; and (d) tl�at failure to cure the default on or before the date speci�ed in the notice rnay result in
<br />acceleration of the sums secured by this Security Instrument and sale of the Property. To the extent
<br />permitted by law, the notice shall further inform Borrower of the right ta reinstate after acceleration and
<br />the right to bring a cnurt action to assert the non-existence of a default or any other defense of Sorrower to
<br />acceleration and sale. If the default is not cured on ar before the date specified in the notice, Lender at its
<br />option may require immediat� payment in fuli of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other rernedies permitted by Applicable Law.
<br />To the extent permitted by law, Lender sha1M be entitled to collect all expenses incurred in parsuing the
<br />rernedies provided in this Section, including, hut not limited to, reasonable attorneys' fees and costs of title
<br />evidence.
<br />1f the power of sale is invoked, Trustce sliall record a notice of default in each county in which any part of
<br />the Yroperty is located and. shall mail copies of such notice in the m�nner prescribed by Applicable Law to
<br />Borrawer and to the other persons prescribed by Applicable Law. After the time required by Applicable
<br />I�aw, '�"rustee shall give public notice of sale to the persons and in the manner prescriped by Applicable
<br />Law. '1'rustee, without demand on Borr�wer, shall sell the Property at public auction to the highest bidder
<br />at the tirne and place and under the terms designated in the notice of sale in one or more parcels and in any
<br />order 7'rustee 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 purchaser Trustee's deed conveying
<br />the Property. Tl�e 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 followin� order: (a) to all costs and
<br />expenses of exercising the power of sale, and tlte 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 />Security Instrument; and (c) a�ty excess to the person or persons legally entitled to it.
<br />Reconveyance. Upon payment of all sums secured by this Security lnstrument and termination of Borrower's right
<br />to obtain 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 />persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the
<br />Properry, 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 tirne remc�ve Trustee and appoint a successor trustee
<br />to any Trustee appoinced hereund�r by an instrument recorded in the county in which this Security Instrument is
<br />recorded. Without conveyance of the Froperty, the successor trustee shall succeed to all the title, power and duties
<br />conferred upon Trustee herein and by Applicable Law.
<br />Request for Natices. Borrower requests that copies of tlie notice oF default and sale be sent to Aorrower's address
<br />which is the Property Address.
<br />�4� 2004-2009 Compliancc Systems, Inc. 002U-C85B - 2009.12.368
<br />Cnnsumer Reul �stule - Sceurity Instrum�vt DL2036 Page 4 nf 5 www.compliancesystems.com
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