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2011�927� paid This Security Instrument does not authorize acceleration or foreclosiue if not permitted by regulations of the Secretary. (e) Mortgage Not Insnred. Bonower agrees that if this Security Instrument and the Note aze not determined to be eligible for insurance under the National Housing Act within 6 0 DAYS &om the date hereof, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. A written statement of any authorized agent of the Secxetary dated subsequent to 6 0 DAYS from the date hereof, decli^'ng to insure this Security Inslrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this option may not be exercised by Lender when the unavailability of ins�uance is solely due to Lender' s failure to remit a mortgage insurance premium to the Secretary. 10. Reinstatement Borrower has a right to be reinstated if Lender has required immediate payment in full because of Borrower's failure to pay an amount due under the Note or this Security Inslrument 'I'his right applies even after foreclosure proceedings aze instituted. To reinstate the Security Insuvment, Borrower shall tender in a lump sum all amounts required to bring Bonower's account current including, to the extent they are obligafions of Borrower under Uris Security Instrument, foreclosure costs and reasonable and customary attorneys' fees and expenses properly associated with the foreclosiue proceeding. Upon reinstatement by Borrower, ttris Security Instrument and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two years immediately preceding the commencement of a current foreclosure proceeding, (ri) reinstatemern will preclude foreclosure on different groimds in the fu4ue, or (iii) reinstatement will adversely affect the priority of the lien created by tUis Security Insh�ument 11. Borrower Not Released; Forbearance by Lender Not a Waiver. Extension of the time of payment or modification of amortization of the sums sec�ued by this Security Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Secwity Ins�trument by reason of any demaad made by the original Bonower or Bonower' s successors in interest Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. 5uccessors and Assigns Bound; Joint and Several Lfablllty; Co-Signers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigos of Lender and Borrower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Secutity Instrvment but does not execute the Note: (a) is casigning this Security Instrument only to mortgage, grant and convey that Bonower' s interest in the Properiy under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrumen� and (c) agrees that Lender and any other Boaower may agree to extend, modify, forbeaz or make any accommodations with regard to the terms of Uvs Security Instrument or the Note without that Boaower' s consent� 13. Noflccs. Any notice to Borrower provided for in tUis Security Inst►vment shall be given by delivering it or by mailing it by fust class mail imless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any norice to Lender shall be given by first class mail to Lender' s address stated herein or any address Lender designates by notice to Borrower. ?,ny notice provided for in this Security Instrument shall be deemed to have been given to Bonower or Lender when given as providedin Uus paragraph. 14. Governing Law; Severability. This Security Instrument shall be governed by federal law and the law of the jurisdiction in wlrich the Property is located. In the event that aay provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note wlrich can be given effect without the conflicting provision. To Uvs end the provisions of this Security Instrument and the Note aze declared to be severable. 15. Borrower's Copy. Borrower shall be given ane conformed copy ofthe Note and ofthis Security Instrument 16. Hazazdons Substances. Borrower shall not cause or permit the presence, use disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Harardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Envitoamental Law of wluch Bonower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in Uus pazagraph 16, "Harardous Substances" aze those substances deSned as toxic or ha�rdous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleimm products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located thaf relate to health, safety or environmental protection FliA NEBRASKA D� OFTRUST - MERS �egl�� NmOTZ.FHA 05/23H1 Page 4 of 7 www.dcansglc.mm