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<br />by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument
<br />and the obligations secured hereby shall remain fully effective as if no acceleration l�ad occurred. However, tltis
<br />right ta reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or a
<br />Bene�cial lnterest in B'orrawer.
<br />Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous S.ubstances an 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 Environmental Law. �1'}ae preceding two sentences shall not apply to the
<br />presence, use, or storage on the Property of small quantities of Hazardaus Substances that are generally recognized
<br />to be appropriate to'normal resid�ntial 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 regulaCory agency or private party involving the Property and any Hazardous Substance or
<br />Hnvironmental L'aw of which Borrower has actual knowlec3�e. lf Borrower learns, .or is notified by any
<br />goverrunental or regulatary authority, that any removal or other remediation of any Hazardous Substance affecting
<br />the Property is necessary, I3orrower shall promptly take all necessary remedial actions in accordance with
<br />Envire�nmental Law.
<br />As used in tfiis paragraph, "Hazardous Substances" are those substances defrned as toxic or hazardous substances
<br />by Environmental Law and the fol1owing substance5: gasoline, kerosene, other flarnmable or toxic petroleum
<br />produets, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and
<br />radioactive tnaterials: As used in this paragraph, "Environmental Law" means federal laws and laws af the state of
<br />Nebraska that relate ta health, safety or environmental protection.
<br />Acceleratian; Remedies. I.ender shall give notice to Borrower 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 noC prior to acceleration under the section titled Transfer of the Property or a Bene�cial
<br />lnterest in Borrower unless Applicahle Law provides otherwise). The notice shall specify: (a) the default;
<br />(b) the action requfred 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 Borrawer, by which the default must be
<br />cure�d; aud (d) tliat failure to cure the default on or before the date speci�ed in the notice may result in
<br />acceleration of tlte sums secured by this Security Listrument and sale of the Property. To the extent
<br />permitted by law, the notice shall further inform Borrower of the right to rei�is'tate after acceleration �nd
<br />the right to bring a court actian to assert the non-existence of a default or any other defense of Borrower to
<br />acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its
<br />option may require 'rmmediate payment in full of all sunts secured by this 5ecurity Instrument withouC
<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, Lender shall be entitled to collect all expenses incurred in pursuing the
<br />remedies provided in this Sectian, including, but not limited to, reasonable attorneys' fees and costs of title
<br />evidence.
<br />If the power of sale is invnked, Trustee shall record a notice of default in each county in which any part of
<br />the Praperty is located and shall mail copies of such natice in tl�e manner prescribed hy Applicable L.aw to
<br />Borrower and to the other persons prescribed by Applicable Law. After the Cime requir�d by Applicable
<br />Law, Trustee shall give public notice of sale to the persons and in tlte manner prescribed by Applicable
<br />I.aw. Trustee, without demand on Borrower, shall sell the Property at public at►ction 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 $ny
<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. I�ender or its designee may purchase
<br />the Property at any sale.
<br />Llpan 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 �pply the proceeds of the sale in the follawing order: (a) to all casts �nd
<br />expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually
<br />ineurred and reasonable attorneys' 1'ees as permitted by Applicable Law; (b) to all sums secured by this
<br />Security Instrument; and (c) any excess ta the person or persons legally entitled to it.
<br />Reconveyance. Upon payme�it of all sums secured by this Security Instrument and termination af Borrower's right
<br />ro obfain further advances under the Contract, I,ender shall request Trustee to reconvey the Property and shall
<br />surrender this Security Instrument and all contracts evidencing debt secured by this Security lnstrument to Trustee.
<br />Trustee. shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or
<br />pertion5 shall pay any recordation casts. Lender may charge such person or persons a fee for recanveying the
<br />Property, 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 />St►bstitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is
<br />recorded. Without conveyance ofi the Property, the successor trustee sl�all succeed to all the title, power and duties
<br />conferred upon Trustee herein and by Applicable Law.
<br />Request for Notiees. �3orrawer requests that copies of the notice of default and sale be sent to Borrower's address
<br />which is the Property Address.
<br />�a� 2UU4-2O09 Compliance Systems, 1nc. 002�-B9FA - 2009.12368
<br />Consumcr Real Estutc - Scxurity Instrumer�t AI,2p36 Pnge 4 uf 5 www.compliuncesyytv'�n9.COm
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