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. �. �� � � � 241i003
<br />lien af this Security Instrument, Lender's rights in the Property and Sorrower's obligation to pay the sums secured
<br />by this Security Instruztaent shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument
<br />and the obligations secured hereby shall remain fully e#�ective as if no acceleratian had occurred. However, this
<br />right to reinstate shall not apply in the case of acceleration under the sectian titled Transfer of the Property or a
<br />Beneficial Interest in Borrower.
<br />Hazardous Substances. Bonower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous 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 Envirnnmental Law. The preceding two sentences shall not apply to the
<br />presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recogz�ized
<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, demand, lawsuit or ather action 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 Bprrower learns, or is notified by any
<br />governmental or regulatory authority, that any removal or ather remadiation of any Hazardous Substance affecting
<br />the Property is necessary, Borrower shall prornptly talce all necessary remedial actions in accordance with
<br />Environrnental Law.
<br />As used in this paragraph, "Hazardous Substances" au'e thase substances defined as toxic or hazardous substances
<br />by Environmental Law and the following substances: gasoline, kerosene, other flammable ar toxic petroleum
<br />products, t�xic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and
<br />radioactive materials. As used in this paragraph, "Enviranmental Law" means federal laws and laws of the state of
<br />Nebraska that relate to health, safety or anvironmental protection.
<br />Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement tn this Security Instrument or the Contract ander whlch acceleration
<br />is permitted (but not prior to acceleration under the s�ction titled Transfer of the Property or a SenefIcial
<br />�nterest in Borrower, unless Applicable Law provides otherwise). The notice shall specify: (a) the default;
<br />(b) the aetion 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 ta 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 Property. To the extent
<br />permitted by law, the notice shall further inform Borrower of the right to reinstate after acceleratlon and
<br />the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to
<br />acceleratian and sale. If the default is not cured on ar before the date speci�ed in the nodce, Lender at its
<br />option may require immediate payrnent in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies perrnitted by Applicable Law.
<br />Ta the extent permitted by law, Lender shall be entitled to collect all expenses incurred in pursuing the
<br />remedies provided in this Section, fncluding, but not limited to, reasonable attorneys' fees and costs of title
<br />evidence.
<br />If the power of sale is invoked, Trustee ahall 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 Law to
<br />Borrawer and to the other persons prescribed by Applicable Law. After the tit►►e required by Applicable
<br />Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable
<br />Law. Trustee, withaut demand on Borrower, shall sell the Property at public aucHon 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 postpone sale of all or any parcel of 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 sale.
<br />Upon receipt of paynn�ent of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveytng
<br />the Property. The recitals in the Trustee's shall be prima facfe evidence at'the truth of the atatetnents
<br />made therein. Trustee shall apply the proceeds of the sale in the follnwing 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 T.aw; (b) to all sums secured by this
<br />Security Instrument; and (c) any excess to the persan or persons legally entftled to it.
<br />Reconveyance. Upon payment of all sums secured by this Security Instrument and termination of Sorrower's �ight
<br />to obtain furtlxer 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 In�strument to Trustee.
<br />Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or
<br />persons shall pay any recordation costs. Lender may charge such person or persons a fea 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 pernaitted under Applicable Law.
<br />Subsdtute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any 'Irustee appointed hereunder by an instrument recorded in the county in which ttus Security Instrument is
<br />recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, powar and duties
<br />conferred upon Trustee herein and by Applicable Law.
<br />Request for Natices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address
<br />which is the Property Address.
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<br />Consumer keal Estate - Security Inatrument DL2036 PaQe 4 of 5 www.compliencesystems.com
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