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%� . 201008�8��
<br />by this Security Insti shall continue unchanged. Upon reinstaternent by Borrowec, this Security Instrument
<br />and the obligations secured hereby shall remain fu11y �ffective as if no acceleratian had occurred. However, this
<br />right to reinstate shall not apply in the case of acceleration under the section titled Transfer af the Property or a
<br />Bene�cial lnterest in Borrower.
<br />Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, ar release of any
<br />Hazardous:Substances on or in the Property. Borrawer shal1 not do, nor allow anyone else ta do, anything affecting
<br />the Yroperty that is in violation of any Environmental Law. The preceding two sentences shall nat apply to the
<br />presence, use, or storage on the Property of small quantities ofI�azardous 5ubstanoes that are �;enerally recognized
<br />to be appropriate to normal residential uses and Co maintenance of the Property.
<br />Borrower shall promptly give Lender �vritten notice of any investigation, claim, demand, lawsuit or other aciion 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 knowledge. If Borrower learns, or is natified by any
<br />governrnental or regulatory authority, that any removal or other remediation of any Hazardous Substance affecting
<br />the Pr�perty is necessary, Borrower shall promptly take all necessary remsdial actions in � accordance with
<br />Environmental Law.
<br />As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardous snbstances
<br />by Environmental I..aw and the following substances: gasoline, kerosene, other flammable ar toxic petroleum
<br />products, 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 tkfat relate to health, safety or environmental protection.
<br />Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration follawing Sorrower'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 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 actian 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 />perrnitted by law, the notice shall further inform Borrower of the right to reinstate after acceleration and
<br />the right to b�ing a court action to assert the non-existence af a default or any ather defense of Barrower to
<br />acceleratinn and sale. If the default is not cured on or before the date specified in the notice, I�ender at its
<br />option may require immediate payment in fu11 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 permitted by law, I.ender shall be entitled ta 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 />c�idence.'
<br />li the power of sale is invoked, Trustee shall record a notice of default in each co�inty in which any part of
<br />the Property is located and shall rnail copies of such notice in the manner prescribed by Applicable Law to
<br />Borrower and to �he other persa�ts prescribed by Applicable I,aw. After the time required by Appticable
<br />Law, Trustee shail give pubiic notice of sale Yo the persons and in the manner prescribed by Applicable
<br />Law. Trustc�, without demand on �3orrower, 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 mare parcels and in any
<br />order Trustee determines. "Crustee may postpone sale of all or any parcel of the Property by public
<br />announcement at tl�e timc 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 "I'rustee's deed conveying
<br />the Nroperty. 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 order: (a) to all costs and
<br />expenses of exercising tlie pnwer of sale, and the sale, including the payrnent of the Trustee's fees actually
<br />incurred and reasonable attarneys' fees as permitted by Applicable L$w; (b) fo �11 sums secured by this
<br />Security Instrument; �nd (c) $ny excess to the person or persons legally entitled �o it.
<br />Recanveyance. Upon payment of all sums secured by this Security Instrument 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 Nroperty without warranty to the person or persons legally entitled to it. Such person or
<br />persons shall pay any recordation costs. I,ender may charge such person or persons a fee for reconveying the
<br />Proparty, but only if the £ee 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 tirne ta time rernove Trustee and appoint a successor trustee
<br />to any '1'rustee appointed hereunder by an insrrurnent recorded in the county in which this Security Instrument is
<br />recorded. Without conveyance of the Property, the successor trustee shall succeed ta all the title, power and duties
<br />conferred upnn Trustee herein and by Applicable Law.
<br />Request for Notices. Sorrowcr requests that copies of the notice of default and sale be sent to Borrower's address
<br />which is the �'roperty Address.
<br />� znna-2no9 r.o+n�,i�ance s �„c. oozn-ncs� - zoo��, i z.;ea
<br />Consumer Real Estate - Security Insuwnent bL2(13(i � Page 4 of 5 wwev.compGancesystems.cnm
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