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<br />by this Security Instrument tihall continue unchanged. [lpon reinstatcment by I3orrawer, this Security Instrument
<br />and the obligations secured hercby sha11 rernain f'tally effective as if no acceleration had occurred: However, this
<br />right to reinstate shall not apply in the case of acceleration under the section titled Transfer af the Property or a
<br />Bene�cial Interest in Borrower.
<br />Hazardous Substances. Borrower sha11 not cause or permit the presence, use, dispasal, storage, or release of any
<br />Hazardous Substances on or in the Prvperty. Tiorrower shall not do, nor allow anyone else t�� do, anything affecting
<br />the Property that is in violation of any Enviromnental Law. 7'he precedin�; two sentences shall nat 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 />Bc�rrc�wer shall promptly give Lender verritten notice of any investi�ation, claim, aemand, lawsuit or other action by
<br />any governmenCal or r��;ulatory ag�ncy or private party iiivolving the Property anci any Hazardous Sul�stance or
<br />l:nvironmental Law of which Borrciwer has aclual knowledge. If Borrower I�anis, or is nolified by any
<br />gover[unental or regulat�ry authority, that aa�y removal or other rernediation of any IIazardous Substance aff�cting
<br />the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with
<br />Enviromnental Law.
<br />As uaed in this paragraph, "Hazardous Substances" are those substances defined as Coxic or hazardous substances
<br />by Enviromnental I.aw and the followin� substances: gasoline, kerosene, ocher flammable or toxic petroleum
<br />product5, toxic pesticides and herbicides, volatile solvents, materials cc>ntaining asbestos or for�naldehyde, and
<br />radioactive materials: As used in this paragraph, "�nvironmental I,aw" means federal laws and laws af the state of
<br />NeHraSka ll�at t'el tc> 11e71th, safety or enviromnenCal protectic>n.
<br />Acceleration; Remedies. l,ender shall �;ive notice to 13owrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in tl�is Security Instrument or tlie Contract under wl�ich acceleration
<br />is permitted (but not prior to acceleration under the section titled Transfer �af the Property or a Bene�cial
<br />Interest in Borrower, unless Applicahie Law provides otherwise). The notice shall specify: (a) th� defat►lt;
<br />(b) the action required tn 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 l3orrower, by which the default must be
<br />cured; a�►d (d) that failure to cure the default on or before the date speci�ed in th� notice may result in
<br />acceleration oF the sums secured by tl�is Security lnstrument and sale of the Property. To the extent
<br />permitted by law, ti►e notice shall fi�rther inform Borrower of the right to reinstate after acceleration and
<br />the rigt►t to bring z� co►irt action to assert the non-existence of a default or any other defense af Borrower to
<br />acceleration and sale. If tlie default is not cured on or bei'�re the date specified in the notice, Lender at its
<br />option may require immediate payment in full of all sums secured by tl►is Security Instrument without
<br />further demand and nlay invoke the power of salc and any other remedics permitted by Applicable i,aw.
<br />'1'o the extent permitted by law, Lender shall be entitled to collect 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 />lf the pawer af sale is invoked, Trustee sliall record a notice of default in each county in which any part of
<br />the Property is 1nc.ited and sliall maiN copies of sucl� notice in tlie manner prescribed by ApplicAble Law ta
<br />Borrowc r t►nd to the other persons prescribed by Applicable l.,aw. After the time required by Applicable
<br />LHw, Trustee sl�all give public notice of sale ta tlie persans and in the manner prescribed by Applicable
<br />Law. Trustec, withai�t dernand on Borrawer, shall sell the Property at public auction to the highest bidder
<br />�tt tlie time aY�d place and under the terrns d'esignated in tl�� notice af sale in one or more parcels and in any
<br />arder Trustee determines. '1'rustee may postpone sale of all or any parcel of the Property by public
<br />announcement �t the time and place of any. previously scheduled sale. I..ender or its designee may purchase
<br />the Yroperty at any sale.
<br />Upon receipt of payment nf the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed sliall be prima facie evidence of the truth of the statements
<br />made therein. "I"rustee shall aipply the proceeds of the sale in the fnllowing order: (a) to all costs and
<br />expenses of cxercising the power of sale, and tlie sale, including the payment of the '1'rustee's fees actually
<br />incurred and reasonable attarneys' fees as permitted by Applicable Law; (b) to all sums secured by this
<br />Security Instrument; and (c) any excess to the person or persans legally entitled to it.
<br />Reconveyaa�ce. iJpon payment of all sums secured by this Security Instrument and termination of l3orrower's right
<br />to obtain further advances under the Contract, I�ender tihall rec�uest Trustee tn recnnvey the Property and shall
<br />surrender this Security Instrument and all contracts evidencing debt secured by this Security Instrument to Trustee.
<br />Trustee shall reconvey the Property without warranty to the person or persons legally entitled ta it. Such perspn or
<br />persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the
<br />1'roperty, but only if the fee i5 paid to a third party (such as the Trustee) for services rendered and the charging of
<br />the lee is pennitted under Applicable Law.
<br />Substitute Trrrstee. Lender, at its opCion, may &om time to time remove Trustee and appoint a successor trustee
<br />to any '1"rustee appointed hereunder by an instrum�nt rccorded in the county in which this Security Inatrument is
<br />recorded. WiChout conveyance of ihe Property, the successor trustee shall succeed to all the title, power and duties
<br />eonferred upon Tn�stee herein and by Applicabl� Law.
<br />Request for Notiees. Bc�rrowcr r�qucsts that cc�pies of the notice of default and sale be sent to Borrower's address
<br />whicl� is the Property Address.
<br />«9 2pp4-2pIU Cumplinncc Systcros, Inc EEOB-D8U5 • 2010.03.378 � � �
<br />ConswuZr RCE�I �ylale - Sccurity Inslrwnem PI :036 Ptigc 4 of 5 ��ry�ryv.compli�uiccsystcros.com
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