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�Oi�4�293 <br />by this Security Inscrument shall continue unchanged. Upan reinstatement by Borrower, this Security Instrument <br />and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this <br />right to reinstate shall not ap�ly in the case of acceleration under the section titled Transfer of the Property or � <br />Bene�cial Interest in Borrower. <br />Ha7ardous Substanees. Borrower shall not cause c>r pertnit the presance, use, disposal, storage, c�r release of any <br />Hazardous Substanees an or in the Property. Borrower shall rtot do, nor allow anyone else to da, anything affecting <br />the Property that is in violation nf any Enviromnental Law. The preeeding two sentences shall not apply to the <br />presence, use, or storage on the Property of small quantities 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, dernand, lawsuit or other action by <br />any governmental c>r regulatory agency or private party involving the Property and any Hazardaus Substance or <br />�nvironmental Law of which Borrower has actual knowledge. If 13orrower learns, or is notitied by any <br />governmental or regulatory authority, tl�at any removal or other remediation of any Hazardous Substance aFfecting <br />the Property is necessary, Borrower shall promptly take all necessary rernedial actions in accc�rdance with <br />Environmental Law. <br />As used in this paragraph, "IIazardous Substances" are those substances defined as toxic or hazardous substances <br />by Environmental Law and the following substances: gasoline, kerosene, other flammable or 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 that relate to health, safety or environmental protection. <br />Acceleration; Remedics. Lenc�er shall give notfce to Borrower priur to acceleration following Fiarrnwer's <br />breach caf uny covenant or agrecment in this Security lnstrument 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 Borrawer, unless Applicable Law provides otherwise). The natice shall specify: (a) the default; <br />(b) the action required to cure the default; (c) a date, not less than the minimum namber of days <br />established by Applicable I�aw fram 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 lnstrument and sale of the Property. To the cxtent <br />perrnitted by law, the notice shall further inform Borrower of tlie ri�ht to reinstate after acceleration and <br />the right to bring a court action to assert the non-existence of a default or �ny nther deFense of Borrower to <br />acceleration and sale. If the default is not cured on or before the date speci�ed in the notice, Lender at its <br />nption may require immediate payment in full of all sums secured by this Security Instrument without <br />further demand and rnay invoke the power of sale s►nd any other remedies permitted by Applicable Law. <br />To the extent pewmitted by law, Lender shall be entitled to coqect 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 defa�►lt in each co��nty in which any part of <br />the Property is located and shall mail copies nf such notice in the manner prescribed by Applicable Law t� <br />Borrower and to the other peraons prescribed by Applicable Law. After the tirne reqaired hy Applicable <br />Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable <br />Law. Trustee, without demand on Borrower, shall sell the Praperty 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 more parcels and in any <br />order Trustee determines. Trustee may postpnne sale of all or any parcel pf 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 salc. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br />the Praperty. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements <br />made th.erein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and <br />expenses of exercising the power 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 person ur persons legally entitled to it. <br />Reconveyance. Upon payment of all sums secured by this Securiry Instrument and termination of Borrower's right <br />to obtain further advances under the Cc�ntract, Lend�r shall request Trustee to reconvey the Praperty and shall <br />surrender this Security Tnstrument and all contracts evidencing debt secured by this Security Instrument to Trustee. <br />Trustee shal) reconvey the Property without warranty tc� the person or persons legally entitled to it. Sucli person or <br />persons shall pay any recordation 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 permitted under Applicable Law. <br />Substitute Trustee. I,ender, at its option, rnay from time tcy time remove "I"rustee and appoint a succ�ssor trustee <br />to any Trustee appc�inted hereunder by an instrument recorded in th� cnunty in which this Security Instrument is <br />recorded. WiChout conveyance of the Property, the successor trustee shall succeed to all the title, power and duties <br />conferred upon 'I'rustee herein and by Applicable Law. <br />Reqr�est fi�r Notices. Borrower requests that copies of the �iotice of default and sale be sent to Borrower's address <br />which is the Property Addresti. <br />¢? 20UA-2010 Compliance Systeins, Inc h�k±Oy-$463 - 2UIO.U3378 <br />Consumer Rcal EstHte - Security Instrumcnt UL.2(136 Pugc 4 oF5 www.compGanccsysteme.tom <br />