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<br />natural person) unless the Secured Indebtedness is assumable, Lender may, at its option, require immediate
<br />payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by
<br />Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If the Secured
<br />Indebtedness shows that Borrower's loan is assumable, Borrower must obtain Lender's written permission for an
<br />assumption and follow any other requirements of Lender related to an assumption. If Borrower does not do so,
<br />Lender may require imxnediate payment in full of all sums secured by this Security Instrument.
<br />If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a
<br />period of not less than the minimum number of days established by Applicable Law from the date the notice is
<br />delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Bonower
<br />fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by tlus
<br />Security Instrument without fiuther notice or demand on Borrower.
<br />Borrower's Right to Reinstate. If Bonower meets certain conditions, Borrower shall have the right to have
<br />enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other
<br />period as Applicable Law may specify for reinstatement) before sale of the Property pursuant to any power of sale
<br />contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those
<br />conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument
<br />and the Secured Indebtedness as if no acceleration had occurred; (b) cures any default of any other covenants or
<br />agreements; (c) pays all expenses incurred in enforcing this Security Insirument, including, but not limited to,
<br />reasonable attomeys' fees to the extent permitted by law; and (d) takes such action as L,ender may reasonably
<br />require to assure that the lien of this Security Instrument, Lender's rights in the Properiy and Boirower's obligation
<br />to pay the sums secured by this Security Insirument shall continue unchanged. Upon reinstatement by Borrower,
<br />this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had
<br />occurred. However, this right to reinstate shall not apply in the case of accelerarion uttder the secrion titled
<br />Transfer of the Property or a Beneficial Interest in Borrower.
<br />Sale of Secured Indebtedness Change of Loan Servicer. The Secured Indebtedness or a partial interest in the
<br />Secured Indebtedness (together with this Security Instrument) may be sold one or more times without prior notice
<br />to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that collects periodic
<br />payments due under the Secured Indebtedness and this 5ecurity Instrument. There also may be one or more
<br />changes of the Loan Servicer unrelated to a sale of the 5ecured Indebtedness. If thera is a cllange of the Loan
<br />Servicer, Borrower will be given written notice of the change in accordance with the section titled Not3ces and
<br />Applicable Law. The notice will state the name and address of the new Loan Servicer and the address to which
<br />payments should be made. The notice will also contain any other information required by Applicable Law.
<br />Hazardous 5ubstances. Borrower 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 Environmental Law. The preceding two sentences shall not apply to the
<br />presence, use, or storage on the Property of small quantities of Hazazdous 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, demand, lawsuit o� other action by
<br />any governmenta,l or regulatory agency or private party involving the Property and any Hazardous Substance or
<br />Environmental Law of which Bonower has actual knowledge. If Borrower learns, or is notified by any
<br />governmental or regulatory authority, that any removal or other remediation of any Hazaxdous Substance affecting
<br />the Properly is necessary, Borrower shall promptly take all necessary remedial actions in accordance with
<br />Environmental Law.
<br />As used in this paragraph, "Hazardous Substances" are those substances defined as toxic or hazardous substances
<br />by Environmental Law and the following substances: gasoline, kerosene, other flammable or touic 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 protecrion. ,
<br />Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleratiou following Borrower's
<br />breach of &ny covenant or agreement in this Security Instrument (but not prior to acceleration under the
<br />section Htled Transfer of the Property or a Beneficial Interest in Borrower, unless Applicable Law provides
<br />otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date,
<br />not less than the mutnimum number of days established by Applicable Law from the date the notice is given
<br />to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the
<br />date specified in the notice may result in acceleration of the sums secured by tbis Security Instrument and
<br />sale of the Property. To the extent permitted by law, the notice shall further inform Borrower of the right
<br />to reinstate after acceleration and the right to bring a court action to assert the non-esistence of a default
<br />or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date
<br />specified in the notice, Lender at its option may require immediate payment in full of all sums secured by
<br />this 5ecurity Instrument without further demand and may invoke the power of sale and any other remedies
<br />permitted by Applicable Law. To the egtent permitted by law, Lender shall be entitled to collect all
<br />ezpenses incarred in pursuing the remedies provided in this Section, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a noHce 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 />Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable
<br />� 2004-20I0 Compliance Systems, Inc. EEOB-7182 - 2010.03378
<br />Consumer Real Estate • Security Instrument DL2036 Page 5 of 6 www.compliancesystema.com
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