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<br /> Borcowcr shall prampdy givc Lendcr writtcn notice af iiny investigation. claim,dem�nd, lawhuit��r othcr uction by any
<br /> gavernmcntal or regulatary ugency or priviitc ptmy involving thc Property und uny Hiunrdnus Substnnc:ur Envirunmental Law�
<br /> of which Burrower hiis i►ctuul knowledge. If Horru�ver Ieurns, or ts noNtied by any gnvernment:d ar regulntory authi�rity, thut„�
<br /> any removul or other rentediiitiun��f any Huuudous Substuncc uffecting the Propeny is neressary, Ik►rrnwrr nUall prumptly tuke 1
<br /> all neassary remedfal uctions in accardt►nce with Environmentul L:iw.
<br /> As used in this purugr.iph 20,'Hau.urduux Substunces" ure those subsumres defined us toxic nr hai��rJous substunces hy�,�
<br /> Enviromnental Law anJ the fi�llowing substunces: gusuline, kerosene, enhcr flummuhle ur toxic petr«Ieum er�xlucts, toxic�
<br /> pesticides and herbicidc�s,vol•rtila solvents, materiuls cuntuining asbest�s u�forn�uldehyde.und rudio•rctive mutenuls.As used in
<br /> this paragr�ph 20. "�nviromnentul Luw" incanc fecicrul luws und laws of the jurisdirtinn whcrc the Property is IocutcJ thut�
<br /> rclutc�o i�ralth.,ufety ur�nvironm�ntul prutcctian.
<br /> NON-UNIFORM COVENANTS. Bnrrnwer and l.ender furthcr covenunt und ugrcc t�.ti follows:
<br /> 21. Accelerxt[on;Remedi�.l.ender shAll give natice to liorrower prlor to acceleration folluwing 8arrower'�s breACh
<br /> nf any�ovenAnt or pgreement In this Security lactrument (but not prlor tu acceleratlan under pars�gruph 17 unfass
<br /> appiiceble law provides otherwtse).The notice shAll specify: (A)the detault; (b)the action reyuircd to cure the detault;
<br /> (c)a dwte,nnt less than 30 duyF from tl►e date the nutice is given ta Borrower, by which the default rnust be cured;and
<br /> (d� tfwt fAilure to cure the default on nr betore the date speCiiied in the notice may result In acceleration of the sums
<br /> securc�l by tliis Secur[ty instrumer+t ansl salc of Ihe Nroperty. The autice shell further inform 8orrower ot the rlght ta
<br /> reinstate ai�er accelerAtion and tMe rlght tu brinp u court actian ta assert the nun-existence of a default or any otNer
<br /> defense c+f Boyro���er tn acceleruHon antl sale. If the default i!►n�it cured nn nr hefore the dute spec(fled tn the notirn.
<br /> [.ender, at its optiun, may req�ire immediate pAyinent in full of all sums securcd by this tiecurtty Inxtruntent �vithout
<br /> further demand�nd moy invoke the �x►a•er uf sule and uny uthar reniedi��s permitted by upplicable lu�v. Lender s6aU be
<br /> entitled to collcct 911 expens�s incurred In pursuing the remedler;provided iu this purngruph 21.includtn�,but not lin�ited
<br /> to,reASOnable attorneys'fe�and cost�of tttle evidence. art of the
<br /> [�the power of sale is invoked, Trustee shall record a notice a[detuult in each county in whtch any p
<br /> 1'mperty is loceted and shaii mail cupiea oP such nottce in thx munncr prescribed by sppllcable lew tn Borrower and to
<br /> the other persons prescsibed by appl[cable law.ARer the time�rquired by applicable law.TruStee shall give publfc notice
<br /> of sale ta the persons and in the manner prescribed by applicxble law.Trustee. without demand on Borrower,shxll sell
<br /> the Property at public auctton tu the highest b(dder at the time und place und under the terms designated in the natice of
<br /> sale tn one or more parcels and in any order Trustee determincs. Trustee may postpone sale of all ur any parcel of the
<br /> Yroperty by public annous�cement nt the Nme und place af any previously scheduled sate. Lender or its deslgnee may
<br /> purchose the Praperty at uny sale. "
<br /> _ Upon receipt of payme�t of the pr[ce bid,Trustee shall deliver to the purcbaser Trustee's deed convey�ng the _
<br /> Property.The recitals in the Trustee's deed shall be prima fACie evidence of the truth ot the statemenUs made thereln.
<br /> T►vstee shull apply the proceeds nf the�ale in the following order: (a)to all costs and expanses of exerclsing the power of
<br /> sale,and the sale,including the payment af the Trustee's Pees actually Incurred, not to exceed � of $50.00 ax 3� °6
<br /> ot the principul amount of the note at the time of the declaration of default,and reasonable a�torneys' fees as permltted
<br /> by law: lb)to aii sums secur�vi ur iius�a.i��ty :nsi�um:.nt;:.r.s!ir1�n;�xews i�thP g�!�n�or�!'�nnv tegaUy e�itltled to
<br /> it,
<br /> 2a. Reeonveyance. Upan payment of all sums securecl by this Security Instrument. Lender shall request Truatt:c to
<br /> reconvey the Property und shall surrender this Security Instrumettt and all notes evidencing debt secural by this Secudty
<br /> lnstrument to Trustee.Trustee shall reconvcy the Property withuut warrnnty und without charge to the persan or persons legally
<br /> entitled to it. 5uch pe�on or p�:rsons shall pay any mcordat�on costs.
<br /> 23. Substitute Tn�stee. Lcndcr. at 9is option,may from time to time remove Trustee and appaint a suc�essor trustcc to
<br />_ any Trustee appointed hercunder by an instrument rzcordeci in the cuunty in which this Security Ins[rument is recorded. Wtthout
<br /> �ronveyance of the Property. the successor trustee shall succeed to ull the title, power and duties canfen�ed upon Tn�tee herein
<br /> ond by applicable law.
<br /> 24. Requ�st fur Notices. Borrower requests thut copies of the natices of default and sale be sent tu Borcower's address
<br /> which is thc Property Address.
<br /> 25. Riders to this Security Insteument.If one ar aiore riders are executed by Bonower and raorded together with this
<br /> Securiry Instrument,the covenants and agreements of each such rider shall be incorpornted into and shall amend and supplernent
<br /> the covennnts and agreements of this Security Instrument us if the rider(sj were a part of this Security Instrument.
<br /> [Clieck applicable box(cs))
<br /> ❑Adjustable Rate Rider 0 Condominium Rider 0 1-A Femily Rider
<br /> ❑Gradueted Puyment Rider [�Planned Unit Developmcnt Rider [�Biweekly Payment Rider
<br /> ❑8alloan Rider ❑Rute Improvement Rider 0 Second Home R{dcr
<br /> ❑V.A.Rider ,.�.}�]Other(s) [specify]
<br /> Home Equity Access Line Aider
<br /> BY SIC3NING BELOW, Burrower accepts and asrees to thc terms und covenunts contained in this Security Instrurnent and
<br /> in any rider(s)executed by Borrowcr and recorded wich it.
<br /> Witncsscs: y� �M c�/Ift /
<br /> /� /� � VJLG r{�_,i (Seal)
<br /> MaT•k A C].ayto[i •earn�W+cr
<br /> Q (�T� (Seal)
<br /> �l •Bortowcr
<br /> Barbara J C1,aytoa
<br /> ,er..�. tSe:ll l
<br /> �„�,,,,, _
<br /> -Bormxcr •&ttmwcr
<br /> STATE Ol�'NEBRASKA. County ss: Hall �
<br /> - The foregoing intitrument was arknuwlc�l�!e:ci befure me this 18th �'�y°f Auguat • 1997 •
<br />_ • bY Mark A Clayton and Barbaru J Cleyton. huaband and wife ' .
<br /> Wimess my hand und nowrial seal at Grand I sland, Nebraska in�id County,the date:�foresaid.
<br />_ � M y Commission IE IIO A •St1te of NeCtn11 � ���� -
<br /> r JUDITH L RAUERT n„��ry wni�. �PIAJ�.
<br /> . . My Gnrm.E�D FeD.6.I9lS
<br /> i � P„�„��,,d Form 3028 9l90
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