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<br /> � � ' 14. R�ncharpm�L Boaower has a dght to be re�tstated if Lender has requir�immediate paymen �:_�:'�- r
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<br /> _ • becanse of Bouawe�'s fatlure to pay an amonnt due aa�er the Notc or tbLs Security Insaument Tbis rl8ht aPP�� ` r :. . _ r,
<br /> .. � even after fareci�nre pmceeQin�are instituted. To reinstate the Sewrlty Insunmeat,Bbrrower shall teaderin a lump ` .
<br /> � ° ' _ sam all amounts required w bring Boaowe�s s000w►t ca�tent including,to the estent they are obHgations oiBorrawcr ; : - ,.� -,d
<br /> ' ` under W�s Securiry Insunnteat,foreclos�ue oosts and reasonaisIe and customary attorneys'fees and expenses pmpe�iy .
<br /> assos�ated with the foreclosure prooeedin�. Upon reiasretemeat by Barrawer. this Security Instrument and the f' ' �`°..
<br />_� � � . obHgations that it secares shdll remain In effecc as if Leader mad not required immediate payacent in fulL Hnwer+er, .4..:�f�..�;�.`
<br /> 1 �
<br /> • . : Lender is not required w germit telnstatement i�{�Le�des Las aooepted reinstatemeat after the oommenoemeat of _ ., r :l:;:.,`
<br /> . , . - foreciusnre prooeeding witbin two yeais Immediateiy preceding the commencetnent of a carrent foreciosnre � . t. `
<br /> - --- prooeedinP�(I�reinstateatent wIll predude foreclasnre oa different grounds ia tbe fnmre.or(iii)reinstatement wU �_. ,,F.... �, �.
<br /> __ ���;- ��t y agect the prlorlry of the iiea aeated by this�►Insuument. _ _ _
<br />:. � � iL Baava�rea Piot Redrased; Fo�an�e tiY 1c�dea Hmt a Wa� ��on of the time of gayment or
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<br /> . madtf[catton of amortF7atlon of the snms seaued by tbis SecurIry Insttau�ent gianted by Lender ta any sncce.csar in
<br /> ' � � interest of Borrower shall noi operate to rctease tHe Ilabllity of the original Borrower or Bormwe�s suooessois in
<br /> � � interest. Lender shall not be reqnired w aommence prooeedinP,c agiinst an9 S�ccessor in interest or refusc to eatend . <
<br /> dme for payment or otheiwLse modify amarti�ation of the sams st�red bq this Seco�ity Insuament by reasan of any - - ,-,��
<br /> � demand made by the orlgiaal Bormwer or Borrawe�s saccesso�s in interest. Any foibearaace by Leader in err+ercising �_,,�� _�_
<br /> , . `�� anY right or remedy shall not be a waiver of or predade the eserdse of any right or remedy. -.F : �-�
<br /> ' 1Z Sbooes�os a�A�igps�o�md;Joint attd Sev�al I3abiggr,tb-Sig¢er�The mvenaats and agreements of Wis ;�' •"ti., ;
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<br /> - ' 3ecurity Iustrument shall bind and benefit the snca�ssors and assip�s af Lender aad Bormwer,snbjecc w the provisions . :`.,.�r-;
<br /> . � of paragraph 9(b).Borrawe�s caveaants aud agreemeats shall be joint sud several. A�►Borrawer who oo�si$os Wis .,�, . ___
<br /> `; , . SewrIty Instrument bnt does not�te the Note:(a)is co-sigoing this SecurIty Iasttameat only w mortg�ge�giant �:`,>.; .` _ -
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<br /> � aad aoavey that Borrawer's interest ia the Propexty uadet the te�s of tY�s Secarity Insuanceat;N)is not persona115► . ...
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<br /> , olsligated to pay the snms secored by this Seauity Insuamea�and(c)agees tiiat Lender and auy other Boaawet may , --
<br /> . . . agree ta esteud,madifS'.forbear or make aay aEacammodadoas with regard w the terms of this Securiry Insuument or _ _
<br /> We Note without that Bormive�s ronseaL �, �;:::
<br /> 13 NotIoes Any notice to Borrawer pmvlded for in this Securlty Instr�ment shaII be g�ven by delivering it or y._
<br /> bY m�in&it by Srst class mail unIess appl�cable 1aw reqaires ase of another methad. Tke not�ae ahall be directed to =� ��',r
<br /> ;:� ��. { the property Address or a�r oWer address Boaawer desIgnates by notice w Lender.A�+not[ce to Leader shaU be . __ _
<br />-"- . .., g i ven by 8�st dass mai!w Lender's addaess stated herein or any address Lcnder Qesigaates iry notice w�ormwer.E1ny . _ �
<br />_ 'r� ` ; , notice provIded for in this SecurIry Instrument shail be deemed to have been given to Borrawer or Lender when given ` _
<br /> ;;' . as provIded in this paragraph. _ _
<br /> . 14 Qoveining 1as�S�etab�itY 'Ibis Secarity Instrumcnt shaU 6e govemed by federal!aM and the 1aw of the _ -
<br /> � judsdictIon in which We Pmpetty is located. �n the eveni that atqr provlston or clause of this Securiry Instrument or • , --
<br /> • � the Note confllas with applicab2e law,sucb conflIct shall not a�Ct other pravisions af this Secarity Insuument or the - •:", .�
<br /> • N�te which can be given e�ect withont the conflicting provlsion To this end the provLsians of this Secattity lnsuument : .J". �
<br /> � and the Note are dectared w be severab2e. .� ,� ;'=�
<br /> � LS �Copy. Bonower stisll be givea one•conformed wpy of the Note and of this SecarIty InsUumenL . �• °�'
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<br /> � �' --= 16► Har�rdons Snbstanaes. Borrower shall nat caase or permit the presence,use.disposal,stoiage,or rclease of . -��::..�-._
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<br /> � �. aay Hazardous Snbstances on or ia the Property. Bonower shall not do,nor allaw anyone else to do, anytbIng � . •;j:��_-
<br /> affecting the Property that is ln violation of any Fmdroamental Iaw The preceding two sentences shall nat aPPlq to : . ,:,,.�'.-._:
<br /> the presence,use�or storage on the Ysopeny of small quantides of Hazardofls Substances Wat aze generallyrecognized .:. �... :1-�
<br /> ` to be appropriate to normal residential uses and w mainteaanoe of the Property. •"+'�-
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<br /> " � . � � Borrower shall promptiy gtve Leader written notice of a�investigat�on,claim,deman0.l���t or other acflon . ..-;
<br /> • by any govemYnental or regulatory agency or private pany imoivIng the Propeny and at►y Hazardous Substanae or - . ;_
<br /> � • � F�vironmentai Law of whic�Borrower has accaal tmowledge. If Borrower 2earns,or is notiSed by any governmental . .. ;,. :��'
<br /> or regulatory anthority,that any removal or otBer remediation of any Hazardous Substt�nces affecting the PropertY i s : . , -
<br /> ' , necessac}+,Bonower shall promptly take all aecessary remediai aaions in accardance with Em►lronmental Law , ,
<br /> � �--� . ,�s nsed ia thls paragraph 16,°Harardous Substances'are those substanc�es deIIned as toxIc or liazardons substances
<br /> ' _ � by F�nvironmental Law and ti�e follawIag substances: gasol3ne,kerosene,other flammaAle or toxtc peuoleum products,
<br /> ' wslc pestictdes aad herbicldes, volatile solvents, materlaLs containing asbestos or formaldehyde,and radi�acttve _ . .
<br /> � materials. As useA in thLs paragraph 16y"Environntental Lav�l'means federal laws and laws�f the jurtsdiction where
<br /> _ � . ' We Property is located that relate to hea1W,safety or envfronmental protection
<br /> ' � NON-UNIFORM COVENAN'I'S. Boaower aud Lender fiuther covenant and agree as follows: � , •
<br />. � � i� Asci�t af Rents. Bonower unconAitionally assigas and uansfers W Lender all the rents and revenues I ;
<br /> , af the Property. Bonower authorizes Lender or Lender's agents to collect the rents and revenues and Seceby dlrects . .
<br /> � each tenant of We Property to pay the rents to Lender os Lende�s agents. However,prIor to Lender's notice to � �
<br /> � � Borrower of Bonower's breach of aay covenant or agreement in the Securlty Instrument,Boaower shall collect and � �
<br /> receive all rents and revenues of the Property as uustee for tDe beneSt of Leader and Boaawer. '1Lis asslgnment of .
<br /> � rents constitutes an absolute assignment and not an assignment for additional security onty. �
<br /> . , If Lende� gives notice of breacH to Borrower. (a)all rents received hy Bonower shall be held by Borruwer as
<br /> - � trustee for beaefit of Lendet only,to be applied to the su�s secured by the 5ecurlty Insuument; (b)Lender shall be
<br /> • � ` cnUtled to collect and receive a11 of the rents of the Property;and(c)each teaant of the Property shall pay all rents f �
<br /> � � due and unpaid to Lender nr Lender's agent on Lender's written demand to the tenant. � �
<br /> ' � Bortower has not executed any prior assl�►ment of the rents and has not and wlll not perform a�+aa that would
<br /> i prevent Leader from exerclsing its rlghts under this para�rapb 1'I.
<br /> � + Lender shall not be requircd to enter upon,take control of or malntaln the Property before or after giving noiice �
<br /> . � " �! of breach to Bonower. However,Lendsr or a judiclally appolnted receiver may do so at any tlme there is a breach
<br /> . .. NEBR/�SLtA-T+HI►Df3�OF 711USI' �
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