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. 2410�9733
<br />f�es to tlie extent permitted by law; and (d) takes such action as Lei�der may reasonably require tn assure that the
<br />lieii of this Security Instrument, Lender's rights in the Property and f3orrower's obligation to pay the Sums secured
<br />by this Security Instrument shall continue unchanged. Upon reinstatetnent l�y Borrower, this Security Instrument
<br />and tl�e obligations secured hereby shall'remain fully effective as if no acceleration had occurred. However, this
<br />right to reinatate s}aall not apply in the case of acceleracion under the section titled'I'ransfer of the Property or a
<br />Beneficial Interest in 13orwower.
<br />Hazardous Substances. Borrower shall not cause or pennit the prasence, use, disposal, storage, or release of any
<br />Hazardous Substances on or in the Property. l3orrower shall not da, nor allow anyone e1se to do, anythin�; affeeting
<br />the Yroperty that i.s in violation of any Fnviromnental I.aw. The preceding two sentences shall not apply ta the
<br />presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized
<br />to be ap�ropriate to nor�rial residential uses and to maintenancc of the Property.
<br />I3orrower shall �romptly �ive Lender written notice of any investigation, claim, demand, lawsuit or other action by
<br />any govennmAntal or regulaCory ag�ncy or private party involving the Property and any Hazardous Substance or
<br />Environmental .I,,aw of wliich Barrc>wer ha5 actual knowled�;e. lf Borrower learns, or is notif ed by any
<br />governmental c�r regulatc�ry authority, that any remaval or ofher remediation of any Hazardous Substance affecting
<br />the Pro�erty is neccssary, }3orrower Shall promptly take all necessary remedial actions in accordance with
<br />Lnvironmental Law.
<br />As used in this paragraph, "I3azardous Substances" are those substances datined as toxic or hazardous substances
<br />by Environmental [�aw and the following substances: gasoline, kerosene, other t]ammable or toxic petroleum
<br />products, t�xic pesticides and herbicides, volatile solvents, materiats containing asbeatos or formaldehyde and
<br />radio�ctive materials. As used in this paragraph, "�nvironmental Law" means f�deral laws and laws of.the state of
<br />Nebraska that relate to health, safety or euviron�ncntal proteetion.
<br />Acceleratinn; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrawer's
<br />breach ��f any covenant or agreement in this Security Instrument or the Contract under which acceleration
<br />is permitted (but not prior to acceleration under tlie section titled Transfer of the Property or a Bene�cial
<br />Interest in �3orrower, unless Applicable I.aw provides otherwise). 7"I�e notice shall specify: (a) the default;
<br />(b) the action required to curc the default; (c) a date, not less than the minimum numbee of days
<br />established hy Applicahle Law from the date the nolice is given to Borrower, by which the default must be
<br />cured; and (d) tl►at failure to cure tl�e default on or before the date speci�ed in the notice may result in
<br />acceleration of tl�e sums secured by this Security Instrunient and sale of the Property. To the extent
<br />permitted hy law, tl�e notice shall further inform I3nrrower of the right to reinstate after acceleration and
<br />the right to bring a court action to assert tlte non-existence of a default or any other defense of Borrovver to
<br />acceleration a��d s�le. IF the dcfault is not cured on or before the date specified in the notice, l.ender af its
<br />option may require i�nmecli�fe payment in full of all sums secured by tl�is Security Instrument without
<br />further demand and may invoke tl�e power of sale and any other remedies permitted by Applicable C.aw.
<br />To the extent permitCed by law, I.ender shall bc entitled to collect all expenses incurred in parsuing the
<br />remedies prnvided ir� this Section, including, but nat limited to, reasonable attor�►eys' fees and costs of title
<br />evidence.
<br />if tl�e power of sale is invoked, Trustee sliall record a notice of default in each county in which any part of
<br />the Property is located and shall mail capies of sucli noticc in the rnanner prescribed by Applicable Law to
<br />Sorrower und to tlie otl�er persons prescribed by Applicable Law. After the time required by Apptic�ble
<br />l.,aw, '1'r�istee sliall give public notice of sale to the persons and in the manner prescribed by Applicable
<br />Law. Trustee, withouc demand on Barrower, shall sell the Yruperty at public auction to the highest bidder
<br />at the time and place aud under tl�e terms designated in the notice of sale in one or more parcels and in any
<br />arder Trustee determines. 'I'ri�stee may postpone sale of all or any parcel of Che Property by public
<br />announce���ent at the time and place of any previorrsly scheduled sale. �ender or its designee may purchase
<br />the Property at any s.�le.
<br />Upon receipt of payment of the price bid, '1'rustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property.•7'he recitals in tl►e Trustee's deed shall be pri�x►a facie evidence af tl�e truth of the statements
<br />made therein. '1'rustee shall apply the proce�ds af the sale in the tellowing order: (a) ta all cosCs and
<br />expenses of exercisin� th� power nf sale, and tlie sale, including the payment of the Trustee's fees actually
<br />incurred and reasonable attorneys' iecs as permitted by Applicable I,aw; (b) to all sums secured by this
<br />Security Instranie��t; and (c) any exces5 to the person or perso�►s legalty entitled to it.
<br />Reconveyance. Upon payment of all Sums secured by this Security Instrument and ter�nination of Borrower's right
<br />to obtain further advanc�;s ►mder tlre Contract, I.ender shall reyuest Truscee to reconvey the Froperty and shall
<br />surreiider this Security Instrument and all contracts evidencing debt secured by thi5 Security Instrument co Trustee.
<br />Trustee shall recouvey che Property without warranty to the person or persons legally entitled to it. Such person or
<br />persons shall pay any recordalion costs. Lender may charge such person or persons a fee for reconveying 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 penniCted under Applicahle I�aw.
<br />Substitute Trustee. Lender, at its option, may trom time to time rernove Trustee and appoint a successor trustee
<br />tc� any Trustee appoir�►ted hereunder by an instrunient recorded in the cc7unty in which this Security Instrument is
<br />recorded. Without conveyance of the Property, the successor trustee shall succeed to all tl�e title, power and duties
<br />conferred upon Trustee herein and by Applicable T aw.
<br />Request for Nntices. Bqn•ower requests that copies of the notice of default and sale he s�nt tn Borrower's address
<br />which is the Property Address.
<br />� 200A-2009 Compliancc Systcros, Inc. 002D-6B88 - 2009.12368 . �
<br />Cunsumc�� 6ea1 i+sl�te - Scv.`urily In3ltun�enl. DI2(li6 Page 4 of 5 , www.[umpliance5yslv�us.com
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