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<br />If Lender exercises th'rs option, Lender sha11 give Borrower notice of acceleration. The notice shall provide a period of
<br />not less than 30 days from the daxe the notice is given in accorda.nce with Section 15 within which Borrower must pay all sums
<br />secured by this Securiry Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lendet may
<br />invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower.
<br />19. Borrower's Rigbt to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the
<br />right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) �ve da.ys before sale
<br />of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law
<br />might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgment eaforcing this Securiry Instrument.
<br />Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Securiry Instrument and the
<br />Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays a11 expenses
<br />incurred in enforcing this Security Iastrument, including, but not limited to, reasonable attorneys' fees, property inspection and
<br />valuation fees, and other fees iucurred for the purpose of protecting Lender's interest in the Property and rights under this
<br />5ecuriry Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Properly
<br />and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall
<br />continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the
<br />following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or
<br />cashier's check, provided any such check is dra.wn upon an institution whose deposits are insured by a federal agency,
<br />instrumentality or entiry; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Securiry Instrument and
<br />obligations secured hereby shall remain fu11y effective as if no acceleration had occurred. However, this right to reinstate shall
<br />not apply in the case of acceleration under Section 18.
<br />Z0. Sale of Note; Change of Loan 5ervicer; Notice of Grievance. The Note or a partial interest in the Note (together
<br />with this Securiry Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change
<br />in the entiry (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Securiry Instrument
<br />and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applica.ble Law. There
<br />also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan
<br />Servicer, Borrower will be given written notice of the cha.nge which will state the name and address of the new Loan 5ervicer,
<br />the address to which payments should be made and any other information RESPA requires in connection with a notice of
<br />transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of tlie
<br />Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor
<br />Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or
<br />the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the
<br />other parly has breached any provision of, or any duty owed by reason of, this Security Instnunent, until such Borrower or
<br />Lendet has notified We other party (with such notice given in compliance with the requirements of Section 15) of such alleged
<br />breach and afforded the oWer party hereto a reasonable period after the giving of such notice to take corrective action. If
<br />Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to
<br />be reasonable for purposes of this paragraph. The notice of acceleration and opportuniry to cure given to Borrower pursuant to
<br />5ection 22 and the notice of acceleration given to Borrower pursuant to 5ection 18 shall be deemed to satisfy the notice and
<br />opportuniry to ta.ke conective action provisions of this Section 20.
<br />Zl. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as
<br />toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene,
<br />other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or
<br />formaldehyde, and radioactive materials; (b) "Enviroumental Law" means federal laws and laws of the jurisdiction where the
<br />Properly is located that retate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a
<br />condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Borrower sha11 not do, nor a11ow anyone else to do,
<br />anything affecting the Properly (a) that is in violation of any Environmental Law, (b) which creates an Environtnental
<br />Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely
<br />affects the value of the Property. The preceding two sentences sha11 not apply to the presence, use, or storage on the Property
<br />of small quantities of Haza.rdous Substances that aze generally recognized to be appropriaxe to normal residential uses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in wnsumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by
<br />any governmental or regulatory agency or private parly involving the Property and any Hazardous Substance or Environmental
<br />Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling,
<br />leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use
<br />or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified by any
<br />governmental or regulatory authoriry, or any private party, that any removal or other remediation of any Hazardous Substance
<br />affecting the Property is necessary, Borrower shall prompdy take all necessary remedial actions in accordance with
<br />Environmental Law. Nothing herein sha.11 create any obligation on Lender for an Environmental Cleanup.
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. I.ender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreeanent in this Secun'ty Instrument (but not prior to acceleration under Section 18 unl�s
<br />Applicable Law provid� otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default;
<br />(c) a date, not l�ss than 30 days from the date the notice is glven to Borrower, by w}uch the default must be cured; and
<br />(d) that failure to cure the default on or before the date spec�fYed in the notice may r�ult in acceleration of the sums
<br />secured by t6is Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after accelerai3on and the right to bring a court action to assert the non-exlstence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specit�ed in the notice,
<br />Lender at its opi3on may require immediate payment 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 permitted by Applicable Law. Lender shall be
<br />entitled to collc�ct all ex�enses incurred in pursuing the remedie.s provided in thfs Section 22, including, but not limited
<br />to, reasonable attorneys fe�s and c�ts of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in wlutch any part of the
<br />Property is located and shall mail copies of such notice in the manuer prescribed by Applicable Law to Borrower and to
<br />the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give publ�c
<br />notice of sale to the persons and in the manner prescribed by AppHcable Law. Trustee, without demand on Borrower,
<br />shall sell the Property at public auction to the highest bidder at the time and place and under the terms d�tgnated in the
<br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may p�tpone sale of all or any parcel
<br />of the Property by pubHc announcement at the time and place of any previously scheduled sale. Lender or its designee
<br />may purchase the Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all c�ts and expens� of exercising the �ower of
<br />sale, and the sale, inclading the payment of the Trustee's fees actually incurred and reasonable attorneys fees as
<br />permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or
<br />persons legally entitled to it.
<br />NEBRASKA—Single Family—FanNe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />Bankers Systems, Inc., St. Cloud, MIV Form MD-1-NE 8/17/2000 (page 6 of 7 pages)
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