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<br />20100888�
<br />by this Security instrument sliall continue uncl�anged. Upon reinstatement by I3orrower, this Security Instrument
<br />and ttae obligations secured hereby shall remain fully effective ay if no acceleration had occurred. However, this
<br />right to reinstate shall not apply in the case of accel�ration under the section titled Transfer of the �'roperty or a
<br />Beneficial Interest in Borrower.
<br />Hazardous Sabstanees. Borrower shall not cause or permit the presence, use, disposal, stora�e, or release of any
<br />F�azardous Substances on 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. The preceding two sentences shall not apply to the
<br />presence, use, or storage on tt►e Property of small quantities of Hazardous Substances t1�at are generally recognized
<br />to be appro�riate Co normal residential uses and to maintenance of the Property.
<br />Barrower shall promptly give C.ender written notice of any investigation, claim, demand, lawsuit or other action by
<br />any govern�nental nt' regulatory agency or private party involving the �'roperty and any Hazardous Substance or
<br />EnvironmenCal l.,aw oP which Borrower has actual knowledge. If Borrower learns, or is notified by any
<br />governmenta1 or regulatory authority, that any removal or other remediatian of any Hazardous Substance affecting
<br />the ProperCy is necessary, Borrower shall promptly take all necessary remedial actions in accordance with
<br />Environmental Law.
<br />As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardaus substances
<br />by Environmental Law and the following substances: gasoline, k�:rosene, other flammable or toxic petroleum
<br />products, toxic pesticides ana herbicide5, volatile snlvents, materials containing asbestos or formaldehyde, and
<br />radioactive materials. As used in this paragraph, "Enviromnental Law" means federal laws and laws of the state of
<br />Nebraska that relate to health, safety or environmental protection.
<br />Acceler.ati.on; Remedies. Lender shail give notice to Sorrow�r pwior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument or the Contract under which acceler�tion
<br />is perimitted (but not prior to acceleration under the section titled Transfer of the Property ar a Beneficial
<br />Interest in Borrower, unless Applicable Law provides otl�erwise). The notice shall specify: (a) the default;
<br />(b) tl�e actian required to cure tl�e default; (c) a date, not less than the minimum number of days
<br />established by Applicable Law from tlie date the notice is given to Borrower, by which tlie 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 hy this Security Instrument and sale of the C'roperty. To the extent
<br />perm'rtted by law, the notice shall furtl�er inform Borrower af the right to reinstate after acceleration and
<br />the right ta bring a court actian to assert the non-existence of a default or any ather defense of Borrower to
<br />acceleration and sale. If the default is not cured on or before the date speci�ed in the nofice, Lender at its
<br />option may require immediate payment in full of all sums secured by this $ecurity Instrument without
<br />further demand and may invoke th� power of sale and any otlier remedies permitted by Applicable Law.
<br />To the extent permitted by law, Lender shall be entitled ta 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 of sale is invoked, Trustee shall record a notice of default in each county in which any part of
<br />the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Lar�v to
<br />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicahle
<br />L�w; Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable
<br />Law. Trustee, without demand on Barrower, shall sell tlie Properly at public aucti�n to rhe highest bidder
<br />at the time and place and under the terms designated in tl�e notice af sale in one or more 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. I,ender or its designee may purchase
<br />the Property at any sale.
<br />Upan receipt of payment of' the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in thc 'I'rustee's deed shall be prima facie evidence of the truth of the statements
<br />made therein. Trustee sl�all apply the proceeds of the sale in the following arder: (a) to all costs and
<br />expenses of exercising fhe pawer of sale, and the sale, including the payment of the Trustee's fees actually
<br />incurred and reasonable attorneys' fees as permitted by Applicable I,aw; (b) to all sums secured by this
<br />Security Instrument; and (c) any excess to the persnn or persans legally entitled to it.
<br />Reeonveyance. Upnn payment nf all sums secured by this Security instrument and termination of $orrower's right
<br />to obtain further advances under the Contract, Lender shall request Trustee to reconvey the Property and shall
<br />surrender this Security Instrument and all conCracts evidencing debt secured by this Security Instrurnent to Trustee.
<br />Trustee shall reconvey the Property withaut warranty to the person or persons legally entitled to it. Such person or
<br />persons shall pay any recordation costs. Lender may charge such persan or persons a fee for reconveying the
<br />Property, but only if the fee is paid ta a third party (such as the Trustee) for services rendered and the charging of
<br />the fee is permitted under Applicable I.aw.
<br />Substitute Trustee. Lender, at its option, may from time to time rernove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in wliich tl�is Security Instrurnent is
<br />recorded. Without conveyance of the Property, the suce�ssor trustee shall succeed to all the title, power and duties
<br />con£erred upon Trustee herein and by Applicable Law.
<br />Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address
<br />which is the Property Address.
<br />&5 2004-2009 Compliuncc Sysicros, lnc. OU217-9Ci�7 - 200'].12.3fi8 .
<br />Cpnsumer Real Estate -$ecm�ity Instrume�it 6L2036 Pagc 4 of 5 www.cnmpliancesysle�ns,com
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