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" � �� °�' ��11�9410 <br />lien of tlus Security Instrument, Lender's rights in the Property and Borrower's obligarion to pay the sums secured <br />by this Security Instrument shall continue unchanged. Upon reinstatement by Bonower, this Security Instrument <br />and the obligations secured hereby shall remain fu11y effective as if no acceleration had occutred. However, this <br />right to reinstate shall not apply in the case of acceleration under the section titled Transfer of the Property or a <br />Beneficial Interest in Borrower. <br />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 <br />entity (lmown as the "Loan Servicer") that collects periodic payments due under the Note and this Security <br />Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. ff there is <br />a change of the Loan Servicer, Bonower will be given written ttorice of the change in accordance with the section <br />titled Notices and Applicable Law. The notice will state the uame and address of the new Loan Servicer and the <br />address to which payments should be made. The notice will also contain any other information required by <br />Applicable Law. <br />Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any <br />Hazardous Substances on or in the Property. Bonower 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 Hazardous Substances that aze generally recognized <br />to be appropriate to normal residenrial 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 wluch Borrower has actual knowledge. If Borrower learns, or is notified by any <br />govern�mental or regulatory authority, that any removal or other remediation of any Hazardous Substance affecting <br />the Property 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 �'c or hazazdous substances <br />by Environmental Law and the following substances: gasoline, kerose e�;'�o�1e��� � pe leum <br />products, toxic pesticides and herbicides, volatile solvents, materials c ' M w � ,,� ormal,�hyd , and <br />radioactive materials. As used in this paragraph, Environmental Law m ��'�te of <br />Nebraska that relate to health, safety or environmental protection. <br />Acceleral3on; Remedies. Lender shall giive noi3ce 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 the <br />section titled 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 reqwired to cure the default; (c) a date, <br />not less than the minimum 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 ou or before the <br />date specified in the not3ce may result in acceleration of the sums secured by this Seeucity Instrument and <br />sale of the Property. To the eztent permitted by law, the notice shall further inform Borrower oY the right <br />to reinstate after acceleration and the right to bring a court action to assert the nou-existeACe of a default <br />or any other defense of Borrower to acceleration and sale. If the default is not cured ou or before the date <br />specified in the notice, Lender at its option may require immediate payment in fuU oY aU sums secured by <br />this Security Instrument without further demand and may invoke the power of sale and any other remedies <br />permitted by Applicable Law. To the extent permitted by law, Lender shaA be entltled to collect all <br />ezpenses incurred in pursuing the remedies provided in this Section, including, but not limited to, <br />reason�able attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of <br />the Property i� located and shall mail copies �of such notice in the manner prescribed by Applieable Law to <br />Borrower and to the other persons prescribed by AppLicable Law. After the Hme required 6y Applicable <br />Law, Trustee shaU give public notice of sale to the persons and in the manner prescribed by Applicable <br />Law. Trustee, without demand on Borrower, shall sell the Property at pubHc auction to the highest bidder <br />at the time and place and under the terms designated in the notice of sale in one or uiore parcels and in any <br />order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase <br />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 pr3ma facie evidence of the trutb of the statements <br />made therein. Trus,tee shall apply the proceeds of the sale in the following order: (a) to aU costs and <br />ezpenses,of e$ercising the power of sale, and the sale, including the payment of the Trustee's fees actually <br />incurred and reasouable attorneys' fees as permitted by AppHcable Law; (b) to all sums secured by this <br />Security Instrument; and (c) any ezcess to the person or persons legally entitled to it. <br />Reeonveyanee. Upon payment of all sums secured by this Security Instcvment, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencittg debt secured by this <br />Security Instrurnent to Trustee. Trustee shall reconvey the Properly without warranty to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or <br />persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for <br />services rendered and the charging of the fee is permitted under Applicable Law. <br />� 20042011 Complience Syatems, Iac. ADCD-75B4 - 2010LI.15.461 <br />Consumer Real Eatate • Security Inatrument DL2036 Page 5 of 6 www.compliencesyatems.com <br />