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<br /> Borrower shnll promptly give L.ender written nodce nf any investigation, cluim, demand, luwsuit ar other uctiun by any
<br /> govcrnn�ental nr rcgulntory ngency or private pany i�ivolving tl►c Prapc:riy u�xl auy Hurairdt�us Substuncc��r Environnkntnl Law
<br /> of which �rrower hns actuni knnwledge. If Borrnwer le.ams,or i.r• nutifi�ri by uny govcrnmcntul or rcgulut��ry uuthurity, thnt
<br /> ttny �•enxival��r uthcr rcmc:diation oFany Hururdnus Suhstance afl'ccting the Pm�xny is ncressary, Ii�irrower sLall pramptly tukc�
<br /> all nccessHry rcmc�liul nctiuns in nc�ardnncc with Gnvimnnicnqd l,uw.
<br /> c
<br /> A5 usal in this p:irubruph 2l), "H+u.u��Jous Substunres" arc thosc suhtitnncc� dcfin�xl ati toxir or hnr�ur�luus ,ub�tuncc. hy
<br /> G�nvir�romenpd Luw :uxl thc tuliowing �uhstunccs: ga�alinc, kcra�cnc. uU�cr tlwmm�hlc ur t�ixic pctrulcum pr��lucis. tuxic 0,
<br /> pcslicidcs und hcrhicidcs. vulutilc,�ilvcnlx, wutcrinlr�cuntuining u+hestos ar furmuld�hydr.uixl r�Klivaclive nwtcrfuls.As uxYl in
<br /> thls parugruph 20, "1?uvirunnxn►ul l.uw" ouans f'edcrul lawn uixl f�iwy uf' thc juriuliction wlkrc ihc 1'roperty dti I�M:a�lcd ihut
<br /> rclntc tu hculih,suPety ur envinuwxntul pn�tectiun.
<br /> NOf�[•UNII�t1RM COV►:NAN'fS. f�►rrawcrn�id I.��xlcr fur�hcr rovciu�nt�u�d��!rcc��ti fitlluwr•:
<br /> 21. Aceeler�tk►ni K��� ��r Klwll glve n�►tkr tu Hurn�W�rr prlur to�ccelerwHun ColNzwinK H+►nr�wer's brcac
<br /> nt uny a�ven�nt or rkrr�ment In Ihl� tiecurlty Invlrument (hut nM p�l�ir tw wccder�tk►n undrr par�grrph l7 unles.
<br /> 4�IIl'�hi@ INW�11YWI�l.'1 INIIC�'MI.PiN).'1'he �►tice�hAll apeclfy: (p)tha def�ult: (b)the w�tlon rrqulred to cure the dehult '
<br /> (c)w date,r�t Icss th�n:�0 d�ya fram the d�ate tha notkx Ix given tu Borrower, Ny which the dcfwult mu�t t�cured;an
<br /> (d) thut fallure to cure the detoult an or before thr dAte Fpecifled In the n�tice may result In pccder�tiun o�the sum�
<br /> secured by thio Secutity Intitrument rnd �tr of the I'roperty. The nMke shall further inform Horrnwer ot the rixht to
<br /> rein.titate s�fte�acctlerAtion s�nd 1he r{ght to brinp A court wctlon to �.ssert the non-existence of a de[xult or�ny other
<br /> de[ease oi Bormwer to s�ccelerntlon�nd sa1e.If the de�ault Is not cured on or befure th�: dAte specttle�l In the notke,
<br /> I.ender, at IG9 optbn,may require Immedi�ate p�yment(n full of�U sum.v secured by thW Securlty Instrument wlth�►ut
<br /> furthcr demand and may Invokc thc�x►wer ut sAle and pny other remedles pe�m(tted by appHcable IAw.I.eadcr shull be
<br /> entiNed ta coilect all expenses Incurred(n purs�ulnp�the remedies provided(n this puragn�ph 21�including,bot n�t limited
<br /> to,re�son�Me Attorneys' fees and costs of t(tIe evidence.
<br /> If the pawer of sAle Is lnvoked, Truuee�Iwll record A notice of detoult in each county In which Wny part ot the
<br /> Property is located and sfudl mail rnpies of such notice In the manner prescribed by�pplicAble IAw to IMrrower And to
<br /> thc c�tAcr persans prescrilxd !�y applicable laew.Mer the ttmc reyu�red by APpUcxblc law,Tnutee shaU glve pubUc raticc
<br /> uf sAle to the persons And in the manner pt�escr#�ed by appiicxblc iAw.Tn�stec, without demAnd on Borrower,shall sell
<br /> tl�e Property�t public Auctbn to the highest 6ldder Rt the tlme and plpce and under the terms deslgnated in tlie notice ot
<br /> sale in one or more pon.�els snd in any order Trustec determines. Trustee mAy postpone sale of�II ar pny parcel ot the
<br /> Property by puMk annouacetaent Wt the li�ne wnd place ot Any previously scheduled sAle. Lender or its desig�ee msiy
<br /> purcBtse the Property At 9ny s�le. -
<br /> _ Upon receipt of p�yment of the prke bir�, Trustee shAll tleUvee� to the purch�ser Trastee's dced conveying the _
<br /> Property. The raitals in the 1Yvsta's deecf ahail be prtma[wcie evidence of the truth ot the statement� made therein.
<br /> Trustee slull apply the procecds�f the sxle in the following order:(a)to all costs nnd expenses ot exercising the pow•er o[
<br /> sale, And the s�le,including the ps�yment ot the Trwtee'�[c�es uctually(ncurred,not to excee�h�ef 50.00 0;':1/2`�
<br /> of tl�e princtpal arteount ot the note at the t[me of the declprution oi detault,And re�sons�ble p orneys' fees a.c permitted
<br /> by law;(b)to oll sums e,ecured by this Security Instrumrnt;wnd(c)any excess to the person or persons IegAlly entitled ta
<br /> ii. °
<br /> 22. Reconveyance:°�pon payment oF all sums secu�ed by this Sccurity Instrumen[. Ixnder shall request Trusta to
<br /> reconvey the Property and shnll surrender tt�is 5ecurtty Instrument und oll notes evidencing debt secured by this Security =
<br /> Instrument to Trustee.Trustee shall reconvey the Property without wurranty and without charge to thc person or persons legally
<br /> entitled to it. Such person or persons shuli pay any recordation costs.
<br /> 23. Substitute Trusta. Lender,at its option. may from time to time mmove Trustee und appoint a successor trustee tc�
<br /> a�iy Trustee appointed hereunder by un instrunzent recorded in the county in which this Security]ns:rument is recorded.Withotat
<br /> conveyance of the Property,the successor trustee stiull succead to atl the«tle,power And duties conferred upon Trustee hereln
<br /> and by applicable law.
<br /> 24. Reques�far Notkes. Borrower requcs�s that copies of the notices of default and sale be sent to Bormwer's address
<br /> which is the Pioperty Addross.
<br /> 25. Rlders to th(s Security I�tStrument_ If one or more riders arc executed by Bonower and recorded together with this
<br /> Securiry instrument, the cove�unts and egrecmcros of eacl�such rider shall be incorporated into a��ahull umend and supplement
<br /> th�covcnants and agramems nf thts Security Instrument as if the rider(s)were a purt of this Security Instrumcnt.
<br /> [Check appllcable box(es)]
<br /> . ❑Adjustable Rate Rider ❑Condominium Rider � 1-0 Family Rider
<br /> ❑Gracivated Payment Rider ❑Planned Unit Development Rider 0 Biwcekly Payment Rider
<br /> ❑Ballaon Rider ❑Rnte Improvement Rider 0 Second Home Rider
<br /> ❑V.A.Ridcr �Ocher(s)(spocify]
<br /> Notice of DeJ:auAt
<br /> 1 BY SIGNING BELOW, Borrower nccepts en�agrces to the terms and covenAn4s contnincd in this Security instrument and
<br /> ' in any rider(�)ex�cuted by Borrowcr and recordod with it.
<br /> � Witnesses:
<br /> � �.--- (Scaq
<br /> • Ose S. Ch8pUt8ri •Bormwcr
<br /> (Seul)
<br /> , Sherry apman •enrroWCr
<br /> W (Sc:iq _ (Scal),"';
<br /> .w..,.,u,.a 12
<br /> _�
<br /> STATE O�NEBRASKA, County sy: Hall
<br /> The forcgoing instrument wus acknowlaigni beforc mc this 12th ��1y°f June • 1997 `�
<br /> bY Joeeph S. Chapman and Sherry Chapman '
<br /> Witnrss my hund und notarial sail nt Grand Island, Nebraska in said County,t e date aforesaid.
<br /> My Commission Expi /'a�-ao�o t�'�A/ � �
<br /> �����•���� Nutary Yublic �,
<br /> OESR111H.1l1IEilE6
<br /> My 0�.Eq.l�.lt.=090
<br /> Peqe 4 ot a Fotm 3028 9/90
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