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<br />If Lender exercises this option, Lender sha11 give Borrower notice of acceleration. The notice sha11 provide a period of
<br />not less than 30 days fcom the date the notice is given in accordance with Section 15 within which Borrower must pay aI[ sums
<br />secured by this Security Instrument. If Borrower fails to pay these sums pzior to the expiration of this �eriod, Lender may
<br />invoke any remedies permitxed by this Securiry Instrument without further notice or demand on Bonower.
<br />19. Borrower's Rlght to Re3nstate After Acceleration. If Borrower meets certain conditions, Borrower sha11 have the
<br />right to have enforcement of this Securiry Instrument discontinued at any time prior to the earliest of: (a) five days before sale
<br />of the Pro�rty pursuant to any power of sale contained in this Securiry Instrument; (b) such other period as Applicable Law
<br />might specify for the termination of Bortower's right to reiastate; or (c) entry of a judgment enforcing this Securiry Instrument.
<br />Those conditions are that Bonower: (a) pays Lender all sums which then would be due under this Securiry Instrument and the
<br />Note as if no acceleration had occutted; (b) cures any default of any other covenants or agreements; (c) pays a11 expenses
<br />incurred in enforcing this Security Instrument, including, but not limited to, ceasonable attorneys' fees, properiy inspection and
<br />valuation fees, and other fees incuned for the purpose of procecting Lender's interest in the Property and cights under this
<br />Security Instnunent; and (d) ta,kes such action as Lender may reasonably require to assure that Lender's interest in the Property
<br />and rights under this Security Instrument, and Borrower's obiigation to pay the sums secured by this Security Instrument, shall
<br />continae uuchanged. 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) certif'ied check, bank check, treasurer's check or
<br />cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency,
<br />instrumentality or entity; or (d) Electronic Funds Transfer. Upou reinstatement by Borrower, this Security Instrument and
<br />obligations secured hereby sha11 remain fully effective as if no acceleration had occurred. However, this right to reinstate sha11
<br />not apply in the case of acceleraxion under Section 18.
<br />Z0. 5ale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a gartial interest in the Note (together
<br />with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change
<br />in the entity (known as the "Loan 5ervicer") that collects Periodic Payments due under the Note and this Security Instrument
<br />and performs other moctgage loan servicing obligations under the Noce, this 5ecurity Instrument, and Applicable Law. There
<br />aiso 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 wri�ten notice of the change which will state the name aud address of the new Loan Servicer,
<br />the address to which payments should be made and any other information RESPA requires in connection with a notice of
<br />trausfer of servicing. If the Note is sold and thereafter We Loan is serviced by a Loan Servicer other than the purchaser of the
<br />Note, the mortgage loatt servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor
<br />Loan Servicer and are not assutned by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Bonower nor Lender maq 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 ot,her parly's actions pursuant to this Security Instrument or that alleges that the
<br />other pariy has breached any provision of, or any duly owed by reason of, this Security Instrument, until such Borrower or
<br />Lender has notif'ied the other pariy (with such notice given in compliance with the tequirements of Section 15} of such alleged
<br />brea.ch and afforded the other party hereto a reasonable period after the giving of such uotice to take corrective action. If
<br />Applicable Law provides a time period which must elapse before certain act�on can be ta.ken, that time period wlll be deemed to
<br />be reasonable for purposes of this paxagraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to
<br />Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and
<br />opportunity to take corrective action provisions of this Section 20.
<br />21. Hazardous 5ubstances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as
<br />to�c 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) "Environmental Law" means federal laws and laws of the jurisdiction where the
<br />Property is located that relate to healW, safety or environmental protection; (c) "Environmental Cleanup" includes any respoase
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" mea.ns a
<br />condition that can cause, contribute to, or otherwise trigger an Enviroamental Cleanup.
<br />Borrower shall not cause or., permit, the presence, use, disposal, storage, os release of any Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Bonower shall not do, nor a11ow anyone e[se to do,
<br />anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental
<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 Ptoperly. The preceding two sentences shall not apply to the presence, use, or storage on the Property
<br />of sma11 qua.ntities of Hazaxdous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />ma.intenance of the Property (including, but not limited to, hazardous substaaces in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by
<br />any govetnmental or regulatory agency or private party involving the Properry and any Hazardous Substance or Environmental
<br />Law of which Bonower 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 cpndition 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 notif'ied by any
<br />governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance
<br />affecting the Properiy is necessary, Bonower sha11 promptiy take all necessary remedial actions in accorda.nce with
<br />Environmental La.w. Nothing herein shall create any obligation on Lender for an Environmental Cleanup.
<br />NON-UNIFORM COVENANTS. Borrower and Lender further coven,ant and agree as follows:
<br />ZZ. Acce[eration; Remedi�. Lender shall gtve notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Secnrit� Instrument (but not prior to acceleration under 5ection 18 unless
<br />AppHcable Law provides otherwise). The notice shall specify: (a) the default; (6) the action required to cure the default;
<br />(c) a date, not l�ss than 30 daps from the date the notice is given to Borrower, by which the default must be cured; and
<br />(d) that failure to cure the default on or before the date speci�ted in the notice may result in acceleration of the sums
<br />secured by this Secnriky Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non-e�dstence of a default or any other
<br />defense of Borrower to acceleratYon and sale. If the default is not cured on or before the date speci�ied in the notice,
<br />Lender at its option may require immediate payment in full of all sums secared by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permiltted by Applicable Law. Lender shall be
<br />entitled to collect all ex�enses incurred in pursuing the remedi� provided in this Section 22, including, but not limited
<br />to, reasonable attorneys fees and costs of title ev3dence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in vehich any part of the
<br />Property is located and shall xnail copi� of such notice in the manner prescrit�ed by Applicable Law to Borrower and to
<br />the other persons pr�cribed by Applicable Law. After the time required by Applicable Law, Trustee shall give public
<br />notice of sale to the persons and in the manner prescribed by Applicable 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 designated in the
<br />notice of sale in one or moce parcels and in any order Trustee determines. Trustee map p�tpone sale of all or any parcel
<br />of the Property by pablic annoancement at the time and plaee of any previously scheduled sale. I.ender or its designee
<br />may purchase the Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deGver to the purchaser Trustee's deed conveying the
<br />Property. The rerif.als in the Trustee's deed shall be prlma 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 expenses of exercising the �ower of
<br />sale, "and the sale, including the payment of the Trustee's fee,s actually incurred and reasonable attorneys fees as
<br />permitted by Applicable Lava; (b) to all sums secured by this Security Instrument; and (c) anp exce.ss to the person or
<br />persons legally entitled to it.
<br />NEBRASKA—Single Family—FenNe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028. 1/01
<br />Bankere Systema, Inc., St. Claid, MN Form MD-7-NE 8i17/2000 {page 6 of 7 pages)
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