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<br />paid. This Security Instrument does not authorize acceleration or foreclosure if not permitted by regulations
<br />of the Secretary.
<br />(e) Mortgage Not Insured. Bonower agrees that if this Security Instrument and the Note are not
<br />determined to be �, eligible for insurance under the National Housing Act within 6 0 DAYS
<br />from the date her�eof, Lender may, at its option, require immediate payment in full of all sums secured by
<br />� this Security Insttruurnent. A written statement of any authorized agent of the Secretary dated subsequent to
<br />6 0 DAYS ' from the date hereof, declining to insure this Security Instrument and
<br />the Note, shall be��deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this option
<br />may not be exerciSed by Lender when the unavailability of insurance is solely due to Lender' s failure to remit
<br />a mortgage insurance premium to the Secretary.
<br />10. Reinstatement. Borrower has a right to be reinstated if Lender has required immediate payment in full
<br />because of Borrower's fail'ure to pay an amount due under the Note or this Security Instrument. This right applies
<br />even after foreclosure pro�eedings are instituted. To reinstate the Security Instrument, Bonower shall tender in a
<br />lump sum all amounts req�hired to bring Borrower's account current including, to the extent they aze obligations of
<br />Bonower under this Securiity InsMzment, foreclosure costs and reasonable and customary attorneys' fees and expenses
<br />properly associated with th!e foreclosure proceeding. Upon reinstatement by Bortower, this Security Instrument and
<br />the obligations that it sec�ures shall remain in effect as if Lender had not required immediate payment in full.
<br />However, Lender is not required to pemut reinsta.tement if: (i) Lender has accepted reinstatement after the
<br />commencement of foreclos,ure proceedings within two yeats unmediately preceding the commencement of a current
<br />foreclosure proceed'uxg, (ii) reinstatement will preclude foreclosure on different grounds in the future, or (iii)
<br />reinstatement will adversely affect the priority of the lien created by this Security Instrument.
<br />11. Borrower Not RCleased; Forbearance by Lender Not a Waiver. Extension of the time of payment or
<br />modificarion of amortizatio,n of the sums secured by this Security Inst�ument granted by Lender to any successor in
<br />interest of Bonower shall q�ot operate to release the liability of the original Borrower or Bonower's successors in
<br />interest. Lender shall not b,e required to commence proceedings against any successor in interest or refuse to extend
<br />time for payment or otherw�se modify amortization of the sums secured by this Security Instrument by reason of any
<br />demand made by the origin�l Bonower or Borrower' s successors in interest. Any forbearance by Lender in exercising
<br />any right or remedy shall nbt be a waiver of or preclude the exercise of any right or remedy.
<br />12. Successors and A$signs Bound; Joint and Several Liability; CaSigners. The covenants and agteements
<br />of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the
<br />provisions of paragraph 9(b). Bonower's covenants and agreements shall be joint and several. Any Borrower who
<br />co-signs this Security Instr�hment but does not execute the Note: (a) is co-signing this Security Instrument only to
<br />mortgage, grant and convey that Borrower's interest in the Property under the tetms of this Security Instrument; (b)
<br />is not personally obligated �o pay the sums secured by this Security Instrument; and (c) agrees that Lender and any
<br />other Bonower may agree t� extend, modify, forbear or make any accommodations with regard to the terms of this
<br />Security Instrument or the 1'�1ote without that Borrower's consent.
<br />13. Notices. Any notir�e to Bonower provided for in this Security Instrvment shall be given by delivering it or
<br />by mailing it by first class mail unless applicable law requires use of another method. The notice shall he directed
<br />to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall
<br />be given by first class mail t9 Lender's address stated herein or any address Lender designates by notice to Bonower.
<br />Any notice provided for in this Security Instrument shall be deemed to have been given to Bonower or Lender when
<br />given as provided in this pa�agraph.
<br />14. Governing Law; $everability. Tkus Security Instrument shall be govemed by federallaw and the law of
<br />the jurisdiction in which the �,Property is located. In the event that any provision or clause of this 8ecurity Instrument
<br />or the Note conflicts with a�plicable law, such conflict shall not affect other provisions of this Security Instrument
<br />or the Note which can be gi�en effect without the conflicting provision. To this end the provisions of this Security
<br />Instrument and the Note arel declared to be severable.
<br />15. Borrower's Copy. Bonower shall be given one conformed copy of the Note and of this Security Instrument.
<br />16. Hazardous Substa�ces. Borrower shall not cause or permit the presence, use, disposal, storage, or release
<br />of any Hazardous Substances on or in the Property. Bonawer shall not do, nor allow anyone else to do, anything
<br />affecting the Property that i5 in violation of any Environmental Law. The preceding two sentences shall not apply
<br />to the presence, use, or stoxage on the Property of small quantities of Hazardous Substances that are generally
<br />recognized to be appropriatej to normal residential uses and to maintenance of the Property.
<br />Borrower shall promptl� give Lender written notice of any investigation, claim, demand, lawsuit or other
<br />action by any governmenta� or regulatory agency or private party involving the Property and any Hazardous
<br />Substance or Environmental �.aw of which Borrower has actual knowledge. If Bonower learns, or is notified by any
<br />govemmental or regulatory a�uthority, that any removal or other remediation of any Hazardous Substances affecting
<br />the Praperty is necessary, '�,Borrower shall promptly take all necessary remedial actions in accordance with
<br />Environmental Law. '
<br />As used in this paragra�h 16, "Hazardous Substances" are those substances defined as toxic or hazardous
<br />substances by Environmenta�l Law and the following substances: gasoline, kerosene, other flammable or tolcic
<br />petroleum products, toxic pe ticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde,
<br />and radioactive materials. A� used in this paragraph 16, '"Environmental Law" means federal laws and laws of the
<br />jurisdiction where the Propei±ty is located that relate to health, safety or environmental protection.
<br />FHA NEBRASKA DEED OF TRU$T - MERS DodNegic Q�aO�
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