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— <br /> 1t j2"�81 LOAN NO. � 5 3 s 2 1 � a � � <br /> If Lend�r exercises this option, Lender shall give Borrower notice of acceleration.The notice shall provide a period <br /> of npt less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured <br /> by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke <br /> any remedfes permitted by this Security Instrument without further notice or demand on Borrower. <br /> 18. Borrower's Right to Reinstate. If Borrower 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 period <br /> as applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained �n <br /> this Security Instrument; or(b)-enEry-of a judgaientep#QC ing this Security Instrument.Those conditions are that <br /> Borrower: (a) pays Lender al4 sams�jNt�ictt:tFien woGrtl'be ue under this Security Instrument and the Note as if no <br /> acceleration had occurred; (L�)cure§'�ny cfef�c�t�fif�Piy her covenants or agreements; (c) pays all expenses incurred <br /> in enforcing this Security Insttum�nt,'Iricluiiing;`but not li ited to, reasonable attorneys'fees; and (d)takes such action <br /> as Lender may reasonably require to assure thafthe lien'of this Security Instrument, Lender's rights in the Property and <br /> Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon <br /> reinstatement by Borrower,this Security Instrument and the obligatfons secured hereby shall remain fully effective as if <br /> no acceleration had occurred. However,this right to reinstate shall not apply in the case of acceleration under <br /> paragraph 17. <br /> 19.Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note(together with this Security <br /> Instrument) may be sold one or more times without prior notice to Borrower.A sale may result in a change in the entity <br /> (known as the"Loan Servicer")that collects monthly payments due under the Note and thfs Security Instrument.There <br /> also may 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 change in accordance with paragraph 14 above and applicable law. <br /> The notice wiil state the name and address of the new Loan Servicer and the address to which payments should be <br /> made. The notice will also contain any other information required by applicable law. <br /> 20. Hazardous Substances. Borrower shall not cause or permft the presence, use, disposal, storage, or release of <br /> any 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 shali not apply to the presence, <br /> use, or storage on the Property of small quantities of Hazardous Substances that are generaliy recognized to be <br /> 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 or other action by <br /> any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or <br /> Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or <br /> regulatory authority,that any removal or other remediation of any Hazardous Substance affecting the Property is <br /> necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. <br /> As used in this paragraph 20, "Hazardous Substances"are those substances defined as toxic or hazardous <br /> substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic <br /> petroleum products,toxic pesticides and herbicides,volatile solvents, materials containing asbestos or formaldehyde, <br /> and radioactive materials. As used in this paragraph 20, "Environmental Law"means federal laws and laws of the <br /> jurisdiction where the Property is located that relate to health, safety or environmental protection. <br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br /> 21.Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br /> breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph <br /> 17 unless applicable law provides otherwise).The notice shall specify: (a)the default; (b)the action required to <br /> cure the default; (c)a date, not less than 30 days from the date the notice is given to Borrower, by which the <br /> default must be cured;and (d)that failure to cure the default on or before the date specified in the notice may <br /> result in acceleration of the sums secured by this Security Instrument and sale of the Property.The notice shall <br /> further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert <br /> the non-existence of a default or any other defense of Bonower to acceleration and sale. If the default is not <br /> cured on or betore the date specified in the notice, Lender at its option may require immediate payment in full of <br /> all sums secured by this Security Instrument without further demand and may invoke the power of sale and any <br /> other remedies permitted by applicable law. Lender shall be entitled to collect ail expenses incurred in pursuing <br /> the remedies provided in this paragraph 21, including, but not limited to, reasonable attorneys'fees and costs of <br /> title evidence. <br /> Ii the power of sale is invoked,Trustee shall record a notice of defauit 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 applicabie law, {;rti <br /> Trustee shall give public notice of sale to the persons and in the manner prescribed by applicabie law. Trustee, � <br /> without demand on Borrower,shall sell the Property at public auction to the highest bidder at the time and place � <br /> and under the terms designated in the nottce of sale in one or more parcels and in any order Trustee determines. �'1 <br /> Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of <br /> any previously scheduled sale. Lender or its designee 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 <br /> the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made <br /> therein. Trustee shall apply the proceeds of the sale in the following order: (a)to all costs and expenses of <br /> NEBRASKA-SINGLE FAMILY-FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 9/90 <br /> ISC/CMDTNE//0792/3028(&90)-L PAGE 5 OF 6 <br />